Myfxbook Autotrade

beren posted:
Does anyone know what's going on on AutoTrade today with Stable Growth Strategy and Soliton Falcon? Neither system has been removed from my AutoTrade accounts, but neither system is available on AutoTrade. I presume this is a step before the systems being removed entirely, but I'm just not sure if these systems are still being traded or not on my existing accounts.

I'm not so concerned about Soliton Falcon as it's only on a demo, but I'm trading Stable Growth Strategy live and I'd like to know what's going on there as I have Real Money on the line. My last account activity with Stable Growth Strategy corresponds to the reference account, so I haven't missed out on anything yet.

There is a lot to improve on autotrade feature of myfxbook.
I just wander to know ...but I'm just not sure if these systems are still being traded or not on my existing accounts...
Does it mean system is so bad you do not even know some system is still trading on your account?

togr posted:
There is a lot to improve on autotrade feature of myfxbook.
I just wander to know ...but I'm just not sure if these systems are still being traded or not on my existing accounts...
Does it mean system is so bad you do not even know some system is still trading on your account?

I meant that between the time when I noticed Stable Growth Strategy was no longer listed on Autotrade to the time when I wrote that message, there had been no trades opened or closed on Stable Growth Strategy. Therefore, I was unable to tell whether trades on that system were still being copied to my account or not. I discovered later that they were.

beren posted:

togr posted:
There is a lot to improve on autotrade feature of myfxbook.
I just wander to know ...but I'm just not sure if these systems are still being traded or not on my existing accounts...
Does it mean system is so bad you do not even know some system is still trading on your account?

I meant that between the time when I noticed Stable Growth Strategy was no longer listed on Autotrade to the time when I wrote that message, there had been no trades opened or closed on Stable Growth Strategy. Therefore, I was unable to tell whether trades on that system were still being copied to my account or not. I discovered later that they were.

I see,
 thank you :)

Ethan, can you add more leverage values in the simulator :

100, 200, 300, 400, 500

This is because the EXACT leverage value is absolutly necessary in order to have the accurate calculation of the lot and minimal balance.

With some broker, the maximum is 400 and we can see in systems 200 too, so please add them.

And the capital MUST be the right one for right calculations too : please add 2000 3000 4000 6000 7000 8000 9000

Is everybody aware of that ? No sure. This is not a common behavior in position sizing on Forex.

Thanks and continue to improve.

PS : Actually i disable my script scanning service of my antivirus when i do simulations and/or change the systems.

Hi Ethan

I wondered as a suggestion if it were possible to do the following.

At present whenever a trade is placed by an autotrade system, the mt4 comment that appears on the platform is a generic 'mfb' comment. Would it be possible to include an additional comment to denote which autotrade system has placed the trade ? This would make life a little easier to see what is going on directly from the mt4 platform if you happen to be subscribed to several systems.

Seems a reasonably easy thing to implement.

Many thanks
moley

moleyboy posted:
Hi Ethan

I wondered as a suggestion if it were possible to do the following.

At present whenever a trade is placed by an autotrade system, the mt4 comment that appears on the platform is a generic 'mfb' comment. Would it be possible to include an additional comment to denote which autotrade system has placed the trade ? This would make life a little easier to see what is going on directly from the mt4 platform if you happen to be subscribed to several systems.

Seems a reasonably easy thing to implement.

Many thanks
moley

Have you look at magic number? Are they the same for any providers?

investisseurfr posted:
Ethan, can you add more leverage values in the simulator :

100, 200, 300, 400, 500

This is because the EXACT leverage value is absolutly necessary in order to have the accurate calculation of the lot and minimal balance.

With some broker, the maximum is 400 and we can see in systems 200 too, so please add them.

And the capital MUST be the right one for right calculations too : please add 2000 3000 4000 6000 7000 8000 9000

Is everybody aware of that ? No sure. This is not a common behavior in position sizing on Forex.

Thanks and continue to improve.

PS : Actually i disable my script scanning service of my antivirus when i do simulations and/or change the systems.

I totally agree. Investisseurfr: +1 😉

You can add:

1000 2000 3000 4000 5000 6000 7000 8000 9000 10000 11000 12000 14000 15000

CrazyTrader posted:

moleyboy posted:
Hi Ethan

I wondered as a suggestion if it were possible to do the following.

At present whenever a trade is placed by an autotrade system, the mt4 comment that appears on the platform is a generic 'mfb' comment. Would it be possible to include an additional comment to denote which autotrade system has placed the trade ? This would make life a little easier to see what is going on directly from the mt4 platform if you happen to be subscribed to several systems.

Seems a reasonably easy thing to implement.

Many thanks
moley

Have you look at magic number? Are they the same for any providers?

Ahhh I see, it kind of already does denote the system that initiated each trade, however it is obviously in a numerical format. Maybe an idea to give each system a 3 letter code to display on the comment field to help distinguish.......... Just an idea !

Staff posted:

No, we cannot accept at this time US clients due to regulatory limitations.

I am just curious if this is still in effect.

I see US SP accounts on Zulu, I would rather not go to Zulu.

Look close at your trades guys and compare with original signal...

I had a 8.4 pips winning trade instead of 12.0 yesterday on GBPUSD !

Beautiful system curves in the simulator but performance NOT achievable (the simulator does not take slippage and fees into account).

This is too much and unacceptable. This is a big processing power problem of the servers.

I will try to recover with best signals and quit. It is far more rewardable to buy the corresponding EA than to use copy systems. Too much fees when guys make a lot of very small trades too.

Too much slippage too. I never had slippage like that with EA that send me signals (maximum 0.5 pip) on MT4.

And you know what ? I never have positive slippage on my losing trades ...

Sorry that's not all correct : i can see on some very big losing trades some positive slippage.

The problem is positive slippage on 0.03 lot, negative slippage on 0.34 lots... Very big negative balance difference with simulated one.

Hi, can you see the real demo account performance of the auto-trade profiles I have created? One is using top 10 rated strategies https://www.myfxbook.com/members/fedromfr/d1000-top-10-rank/779786 , the other top 5 rated strategies https://www.myfxbook.com/members/fedromfr/d1000-top-5-rank/780070

The performance is really miserable, I assume on the real account, not a demo one, it would be even worse! Meanwhile in the simulator the results look just great!

Dear fellow autotraders, did any of you manage to get any positive results from it? I liked the idea at first, was so excited about it, have run the simulator, adored the results. I even wanted to open a real account immediately, even opened it, but did not have enough funds ($1000) to start autotrading. Lucky for me! I have also opened several demo autotrading accounts to test several portfolios (all strategies, top 10 ranked strategies, top 5 ranked strategies). All strategies having equal weight in a portfolio. And what can I see after two month - minus, minus, minus! Was it just bad month? Or is it always so? Is there anybody with a long and successfull autotrading experience?

fedromfr posted:
Dear fellow autotraders, did any of you manage to get any positive results from it? I liked the idea at first, was so excited about it, have run the simulator, adored the results. I even wanted to open a real account immediately, even opened it, but did not have enough funds ($1000) to start autotrading. Lucky for me! I have also opened several demo autotrading accounts to test several portfolios (all strategies, top 10 ranked strategies, top 5 ranked strategies). All strategies having equal weight in a portfolio. And what can I see after two month - minus, minus, minus! Was it just bad month? Or is it always so? Is there anybody with a long and successfull autotrading experience?

Unselect EURUSD from your providers.

I hasd bad experiences, with axitrader and paulOanda, and with a Robot ranking N 5..
I lost about 2000 euro.
I think some provider are good but there is too much rally.
Forex is very riscky.
Invest only 2-5% of your capital in this market. It is funny and exiting but is really difficult to have profit.

paulOanda is very new in the field, with less than 6 months of past results. Perhaps too young to be able to judge his past performance and whether we can trust in him to invest our hard earned money.

Simonevet2013 posted:Robot ranking N 5

I tried this robot for real (bought it in the seller's website). I got a refund. Why? Setup and tuning are too difficult to get same results than here in Myfxbook files.

Two months of testing have not allowed me to discover the magic formula.

It certainly must have more than a million possible combinations between all options of this robot. The creator stays in limbo when you ask him some help. He never gives any precise indication.

Simonevet2013 posted:
I lost about 2000 euro.

Same gap here.

Simonevet2013 posted:
I think some provider are good but there is too much rally.

Up and down, you know, up and down. Like in daily life.

Simonevet2013 posted:
Forex is very riscky.

Please, read WARNING note in the bottom of every page:

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.

Simonevet2013 posted:
Invest only 2-5% of your capital in this market.

Invest only 2-5% of your liquidity that you CAN afford to lose, because Forex is VERY risky.

Simonevet2013 posted:
It is funny and exiting but is really difficult to have profit.

The dream sellers have very big profit like the middle men who serve of support to sell their 'miracle powder'.

The only ones to blame are those who believe in their words and their beautiful Excel spreadsheets:

All of us, investors of Myfxbook.

However, keep your smile on your face because the Forex advisors here at Myfxbook are far better than those of Zulu where you can invest your money on kids in disposable diaper playing the Madoff of the Forex with demo accounts...

One last word, if Forex is too risky for you, then buy gold bullion or gold coins, especially if you live in the Euro zone.

I had bad luck because I followed Pondal during the 13/02/14 when he had a very bad day, he lost more than 200 pips.
I think he is very good because he has costant good results, sometimes he has bad days. He doesn't use stop loss, so the stop loss Hunter can't take him.
I think in the next future I will tray again to follow him.

Hello everyone, I am Simonevet2013, I changed my prfile,
from now I am Simonevet2014.
see you

Has anyone noticed that current No. 6 'matthew mcculloch' is basically just a copytrader of 'Axitrader'? Also, he restricted his history to only show from Nov 2013, thus the amazing stats. If you extend the history through 'custom analysis', you will see that he had previously lost everything.

Should these factors not ring alarm bells in the myfxbook copytrader approval process?