AlgoTradeSoft | Innovative EA (by AlgoTradeSoft) Quick Stats
Gain: +10956.27%
Drawdown: 1.26%
Pips: 988.7
Trades: 1219
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Automated

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AlgoTradeSoft | Innovative EA Discussion
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TradALot

Member Since Oct 04, 2016  4 posts TradALot Oct 17 2016 at 09:57
I had to stop this, because around -10% in a week due to commission is to much.
Good luck and happy trading.

jasonrogers

Member Since Aug 12, 2009  272 posts Jason Rogers (jasonrogers) Oct 19 2016 at 23:15 (edited Oct 19 2016 at 23:16 )
TradALot posted:
Hello, I have an account at FXCM and a MM runs this EA for me.
I decided to go public to ask you some question and to get some advice from you traders.

My account, note all withdrawals are commission costs:
https://www.myfxbook.com/members/TradALot/ats-scalping-fxcm/1809273

For comparison the Account from ATS, note that Deposits/Withdrawals is private:
https://www.myfxbook.com/members/AlgoTradeSoft/algotradesoft-innovative-ea/1373958

As of today, you see a Gain of -0.38% on my account which is ok.
But FXCM seems to handle commission costs as withdrawals.
All withdrawals you see on my account are trading commissions.
This makes my real Gain -5.4% after 6 days.

The problem I see is that the real trading costs and the real Gain is hidden on FXCM.

My questions are:
1) Does FXCM always handle commission costs as withdrawals which hides this costs from Gain?
2) I pay USD 8 per 1 Lot round turn at FXCM. Is there a way to get lower commissions?
3) Should I quit this now, because commission will eat up my account in few weeks?
4) Does anyone run this EA on FXCM with same commission costs and makes money with it or does this simply never work if you calculate real Gain (commission hidden as withdrawals)?


Anny suggestions, opinions and ideas are welcome!

Best regards, TradALot


@TradALot it seems like when you added your FXCM account to your Myfxbook porfolio, you selected MetaTrader 4 as your platform. Even if you use the MT4 platform to run your EA, you must add your FXCM account to your Myfxbook portfolio by selecting Trading Station as your platform. This will load your account history from FXCM's back office properly including commissions. smiley

TradALot

Member Since Oct 04, 2016  4 posts TradALot Oct 25 2016 at 08:50
Thanks Jason, monitoring works now.

jasonrogers

Member Since Aug 12, 2009  272 posts Jason Rogers (jasonrogers) Oct 25 2016 at 22:03 (edited Oct 25 2016 at 22:03 )
TradALot posted:
Thanks Jason, monitoring works now.


It's my pleasure @TradALot smiley Thanks for the update!

Toluene

Member Since Jan 04, 2015  1 posts Toluene Nov 06 2016 at 09:33
Hello House,
   I will like if you anyone can give me its own good settings of this EA..I will really be grateful for this...Thanks.

danvilman

Member Since Dec 10, 2015  1 posts danvilman Jan 16 2017 at 11:11
hi guys,
I have sent you a PM and also txt you on FB, but no one has replied to me. Would you be so kind to contact me please? I am interested to buy your robot.

Please let me know
Daniel

AlgoTradeSoft posted:

In a few days full price will increase.

Hurry up.

For ours buyers we made special offer commission discount up to 4 usd per lot, contact us by PM.

Raghutech

Member Since Jul 07, 2015  6 posts Raghutech Feb 01 2017 at 11:06
Hello where I can buy this EA?

JohnSwink

Member Since Mar 01, 2017  7 posts JohnSwink Apr 14 2017 at 07:36
I am interested in copy trading in MyFXbook. I have two self-directed MT4 IRA accounts. One with Forex.com (formerly FXCM). The other is with OANDA. I don't see either broker on your webiste. Can I trade these here?

VNTOPFX

Member Since Apr 06, 2015  4 posts FinnS (VNTOPFX) May 31 2017 at 05:58
Did you have service to manage account ?

Apply both technical and price action for auto trading
yuochi_lin

Member Since Apr 15, 2015  7 posts Yuochi (yuochi_lin) Jun 27 2017 at 12:41
how to follow this account? Buy EA or in signalstart? May I read list for orders?

Homeopathy for Trend
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