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Myfxbook Autotrade

edrod007
Nov 29 2013 at 13:59
7 posts
Stable Growth Strategy has drawdown of 56.97% and should be removed as management bataviafx

SP with SL 200/300 pip TP 20pip is unprofessional

Want to protect their accounts? SP with a maximum of 100 pip SL. assign 1% or 2% on 100 pip

edrod007
Nov 29 2013 at 13:59
7 posts
if these SPs simply follow the trend in H1 with an SMA 100 and 200 signs would be best.

this month, in xau / usd, SPs purchased against downtrend in m1, m5, m15, m30, h1, h4

samalphard
Dec 02 2013 at 21:47
9 posts
edrod007 posted:
Stable Growth Strategy has drawdown of 56.97% and should be removed as management bataviafx

SP with SL 200/300 pip TP 20pip is unprofessional

Want to protect their accounts? SP with a maximum of 100 pip SL. assign 1% or 2% on 100 pip



YES, I strongly agree, Stable Growth Strategy has drawdown of 56.97% and MUST be remove from Autotrade.
Why this SP so special & still in the system????????

beren
Dec 02 2013 at 22:04
47 posts
In (weak) defence of Stable Growth Strategy, the 56.97% drawdown occurred on 2013-06-27. This system was not added to AutoTrade until 2013-09. Furthermore, the drawdown calculations seem to have changed for this system in the last couple weeks. The drawdown shown was not nearly this high until after the mini crash late last month.

edrod007
Dec 06 2013 at 22:22
7 posts
beren posted:
In (weak) defence of Stable Growth Strategy, the 56.97% drawdown occurred on 2013-06-27. This system was not added to AutoTrade until 2013-09. Furthermore, the drawdown calculations seem to have changed for this system in the last couple weeks. The drawdown shown was not nearly this high until after the mini crash late last month.


makes sense

edrod007
Dec 06 2013 at 22:22
7 posts
I would suggest to myfxbook autotrade, use pending orders: buy limit and sell limit, the 'x' pip the entry price, the signal provider.

Example: SP: buy eur / usd at 1.36000; SL 1.35500; TP 1.36500

Followers: Buy limit eur / usd at 1.3590; SL 1.35500; TP 1.36500

I see great advantages in pending orders, it minimizes loss and maximizes the gain / profit. Whereas the majority of commerce are negative before reaching the TP.

you can insert this feature / tool myfxbook autotrade?

beren
Dec 06 2013 at 22:31
47 posts
edrod007 posted:
I would suggest to myfxbook autotrade, use pending orders: buy limit and sell limit, the 'x' pip the entry price, the signal provider.

Example: SP: buy eur / usd at 1.36000; SL 1.35500; TP 1.36500

Followers: Buy limit eur / usd at 1.3590; SL 1.35500; TP 1.36500

I see great advantages in pending orders, it minimizes loss and maximizes the gain / profit. Whereas the majority of commerce are negative before reaching the TP.

you can insert this feature / tool myfxbook autotrade?


I've been wondering about this too and meaning to suggest it. Thanks for bringing it up.

mydarkforex
Dec 07 2013 at 22:01
22 posts
edrod007 posted:
I would suggest to myfxbook autotrade, use pending orders: buy limit and sell limit, the 'x' pip the entry price, the signal provider.

Example: SP: buy eur / usd at 1.36000; SL 1.35500; TP 1.36500

Followers: Buy limit eur / usd at 1.3590; SL 1.35500; TP 1.36500

I see great advantages in pending orders, it minimizes loss and maximizes the gain / profit. Whereas the majority of commerce are negative before reaching the TP.

you can insert this feature / tool myfxbook autotrade?


You need to understand that’s pending orders could be opened in your account and could not opened in the signal account because of Dependency of broker feed and then you will wonder why you have open position and the signal does not.
Now the signal decide to close the open order while you stay with open position that’s opened by the pending order (Dependency of broker feed), then you will need to close the position by yourself.

optimofx (optimofx)
Dec 11 2013 at 15:32
250 posts
Yeah that is not gonna made a system more profitable, is like think reversal a looser strategy is a winning ..false..

Caution ¡¡ Forex market is full of scams ¡¡
fedromfr
Dec 12 2013 at 18:10
28 posts
Hi, People!
What is going on? All systems have shown a draw down today!

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