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Myfxbook Autotrade

Mar 06, 2013 at 06:51
50,062 Views
943 Replies
Member Since Aug 27, 2017   994 posts
Dec 10, 2017 at 07:53
abendkohlerM posted:
Has anyone signed up with real account and can share their results? A lot of these guys average a few pips per trade.... The lag time and slippage can easily turn those little winners into losers for subscribers.

I am also interested to see the result! It would be great if anyone share any result.
Member Since Nov 04, 2013   6 posts
Dec 14, 2017 at 02:01
hi all not sure if this is the right thread .. are you allowed to list your account in signalstart whilst it is being assessed (pending) for autotrade? I cant see how this would be allowed right?
cheers
G
relentless...
Member Since May 17, 2017   19 posts
Dec 18, 2017 at 07:23
Spearion posted:
hi all not sure if this is the right thread .. are you allowed to list your account in signalstart whilst it is being assessed (pending) for autotrade? I cant see how this would be allowed right?
cheers
G

I think its allowed. I see systems listing on both services (turtle eur, lucky pound etc).
Member Since Nov 04, 2013   6 posts
Dec 19, 2017 at 01:40
OK thanks. I wonder what the break down of subscribers is for those that are on both autotrade and signalstart... Would be better for subscribers to go through autotrade rather than signalstart ie avoid sub fees? Just curious..
relentless...
Member Since Nov 04, 2013   6 posts
Dec 20, 2017 at 03:15
Thank you for the insight. I think any time dependent strategies like scalping and arbitrage (predatory) would be difficult to have copied - which is why I have avoided building them. I agree that if you aim to have your system made available for copying then slippage and execution delays need to be accommodated for (amongst other things).




relentless...
Member Since Dec 04, 2017   11 posts
Dec 28, 2017 at 11:59
In autotrade you can compare the slippage between provider and your account. You have to do that with real accounts not with demo accounts. I'm still disappointed trying different brokers. Today I had a -14pips closing slippage with ICMarkets. If like this then you cannot make win copying trades!
Member Since Nov 30, 2016   2 posts
Dec 28, 2017 at 15:24
Anyone using Vantagefx in autotrade? Slippage?
 I am coping turtle with 2 pips slippage in GDMFX. I want less slippage.
Member Since Dec 29, 2017   2 posts
Dec 29, 2017 at 13:29
Hi guys, i,m know i,m new here but i want to say myfxbook is by far the best trading site i have come across after a long search, hope my journey here will be very much appreciated. thanks
Member Since Nov 04, 2017   14 posts
Jan 07, 2018 at 07:51
the MT4 could help you
Member Since Jan 06, 2018   6 posts
Jan 07, 2018 at 08:28
The truth that little or nothing bad could say, every day I wake up wanting to take the controls of my team and see what will happen in the world. I believe that I have never seen my expectations exceeded in life, being a trader gives you the greatest freedom in the world and being able to enjoy your time as you really want.
Member Since Jun 25, 2010   4 posts
Jan 27, 2018 at 12:27
Hi - I have asked to be included as an autotrade provider.

But I have a concern

As I mainly use pending orders - is it possible that the 'following' accounts could be filled on my signal and then actually keep me out of my own trade?

On the other hand I hope that the orders would be filled a fraction of a second after my own trade is triggered.
MOJO 1. Self-confidence, Self-assuredness. As in basis for belief in ones self in a situation. Esp. In context of contest or display of skill such as going into battle. 2. Ability to bounce back from a debilitating trauma and negative attitude, YEAH BABY!!!!
Member Since Dec 04, 2017   11 posts
Jan 28, 2018 at 08:44
Hi Skivers,

don't worry they don't copy the pending orders.
Once the trade is opened in your account then they copy it, that's what I saw.
Closing the trade, I'm not sure how they do that as they copy the stop and target.
But there is always a closing slippage average 3-4 pips compared to the provider's trade.
Your system looks great
Would be great if I could direct copy your trades, would give you 1 pip each winning trade.

Regards,
Thomas
Member Since Oct 25, 2016   4 posts
Feb 11, 2018 at 12:43
Hi guys, i have questions. I trade mainly intraday for 10 pips profit with 10 pips SL. Is autotrade for my strategy good? Could my potential followers make money from my signals? Do you know other better platform to share my strategy and profit them from followers?

Thanks
Member Since Dec 04, 2017   11 posts
Feb 11, 2018 at 13:38
Hi MicheleFX,
I always check the history of the system, below 20pips I would not choose.
Regards,
Thomas
Member Since Nov 30, 2009   149 posts
Feb 13, 2018 at 06:24
MicheleFX posted:
Hi guys, i have questions. I trade mainly intraday for 10 pips profit with 10 pips SL. Is autotrade for my strategy good? Could my potential followers make money from my signals? Do you know other better platform to share my strategy and profit them from followers?

Thanks

Try Darwinex
exquisite entries with calculated exits
Member Since Dec 04, 2017   11 posts
Feb 13, 2018 at 09:21
MicheleFx, just go over the autotrade list and sort by subscriber descending. Then you can simple check the manly subscribed systems yourself.
Regards,
Thomas
Member Since Jan 31, 2017   193 posts
Feb 14, 2018 at 15:01
Aimak posted:
MicheleFX posted:
Hi guys, i have questions. I trade mainly intraday for 10 pips profit with 10 pips SL. Is autotrade for my strategy good? Could my potential followers make money from my signals? Do you know other better platform to share my strategy and profit them from followers?

Thanks

Try Darwinex

agree with Aimak Rokalno. Darwinex is very good broker, you can see my accounts and my strategy on darwinex exchange to see how it works. It is quite good alternative to other copy platforms.
Trading system developers and strategy providers.
Member Since Oct 25, 2016   4 posts
Feb 15, 2018 at 06:06
i saw top system and they average pips won is about 10-15 with 20-30 pips average loss. Also this is not problem. Darwinex looks very good.
Member Since Apr 28, 2012   231 posts
Feb 19, 2018 at 05:56 (edited Feb 19, 2018 at 05:56)
abendkohlerM posted:
Has anyone signed up with real account and can share their results? A lot of these guys average a few pips per trade.... The lag time and slippage can easily turn those little winners into losers for subscribers.

Slippage is definitely going to eat up most if not all of that; I know this from first hand experience.

You want 10+ pips of average profit per trade, preferably 20+.
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Member Since Jan 05, 2015   32 posts
Feb 22, 2018 at 07:42
blackopzfx posted:
CrazyTrader posted:
Also It could be nice to vouch a provider only if we autotrade it for a month at least and we have made profit.

Maybe the month limit but I've seen some providers lose 1% during news events while others did -20% or more. I'd like to vouch for a provider that protects capital like that even if my balance is negative!

Yup...I use a custom combo of bots for my account WITH a news filter. So I dont trade an hour before high impact news, and wait until an hour after high impact news.

My accounts been approved, but when I click 'Apply' for final review I get an error. Hoping they fix this soon!


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