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Several signal providers with one broker accounts for the compounding effect

richhand
Apr 21 2016 at 06:20
20 posts
10x the profit from the power of compounding using one broker account for all signals or using one account for each signal?

Copying several signals providers all into one broker account can greatly increase the profit using the power of compounding but this can increase the drawdown too, especially if some of your signal providers use similar systems.

One option is to turn down the multiplier to say 0.5 for each system cutting the DD in half but still greatly benefiting from compounding.

I am interested in any experience on this subject. Thank you

vontogr (togr)
Apr 21 2016 at 07:39
4862 posts
Hi Richhand,

it is interesting idea. But to minimize DD you need to evaluate signals correlation so they do not have DD at once.

I was actually trying to achieve this on one account with EA. I believe it is working:)

https://www.myfxbook.com/members/togr/caesar-multi/1528728

richhand
Apr 21 2016 at 10:05
20 posts
So you have several signals copied into that accout?

I noticed that Signal Start charges $25 per broker account link which encourages combining signals anyway.

vontogr (togr)
Apr 21 2016 at 12:58
4862 posts
richhand posted:
So you have several signals copied into that accout?

I noticed that Signal Start charges $25 per broker account link which encourages combining signals anyway.


Nope I optimized EA to work on multiple pairs.
On Signal start you need also to pay signal provider which costs you like $80 a month.

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