This affects a lot of systems.
My system4 had a profit on the graph of 99% on may 18. up till that day i had doubled my money. this is cool and close to reality. besides good balance growth i had nice profits in unrealized open positions.
Then on may 26 i have a withdrawal of 700 usd from system4, and deposited them in system5.
and the system4 growth graph from may 26 onwards shows a profit of 2000% + and is the reason my system4 is seemingly the best performing live trading real money system on the site.
the system5 growth graph does not show any bumps around may 26, which is closer to reality. S5 recieved the 700 usd, and did only add new positions,did not close it's profitable ones.
The two systems trade more or less the same, except leverage, and except me closing out some positions to create balance to do the transfer.
Obviously there is something misleadnig with the charts, which i would like to have fixed. a system should not become seemingly ten times better in a week just because some positions were closed and a withdrawal. I don't know the exact nature of the problem, but it probably have something to do with profit in open orders and possibly also deposits and withdrawals in combination with closing open orders.
Another clear sign that the growth graph is strange is that you can have more than -100% growth in your graphs. This is also due to value of open positions not taken into consideration.
come to think of it, only looking at account balance is simply not very informative. it only tells half the story, and can be manipulated with.
As myfxbook already know the size and type of open positions at each point in time, myfxbook could (if you have historic forex price data) calculate a close estimate to the position value and estimate account value from these calculations.
Instead of changing the balance growth graph, you would probably want to create an entirely new graph, called net account value growth.
Other than this problem, great website i truly appreciate the work that has gone into this
knowledge as well as smarts are needed to make money.