Also my demo account on Synergy (the same brokers of revpro myfxbook account) has the same problem
opened the trade at 17:00 @ 1.24191 and close today at 16:37 @ 1.24506 - 31 pips lost
it's quite strange that the real account opened 1 our later than all the other !
if there was a problem of slippage, this problem is the real account myfxbook which opened an hour later, and not all the other accounts
Hi fellow traders,
Actually we have to go into the system of our vendor and make an analysis about it.
First the system of our vendor called Revprotrader. Rev is the short form for reversal. The system only trades on a reversal point with the three given and fixed categories: 1) High Low,2) Stoch and 3) MA. When all these three mentioned categories match the same condition,e.g. short,short short or long long long, then position will be opened. The system therefore ignores on fake signal or high volatility of the market; so that means the markets can go up and down like they want but the system will not open any position,if the conditions are not matched.
So far so good. Now the question is: why positions for the same pairs on the same chart(1hour chart time frame) have been opened with different rates? By chance I was at home at that time and I set up in my MT4 email alerts. That means if positions are opened,then MT4 emailed me. As my position for E/U was opened at 1.241xx with the EA from our vendor,I was very eager to see how it was executed. So on my screen three categories were matched at that time…short short short. It was quite strange,for the market seems to be pulled up at that moment and the system gives the short signal. The categories short have appeared not so long,then it was disappeared again,while the eurusd pulled further up. Till the rate reaches the level of 1.243xx the system shows again the short short short categories on the screen.
Well at the time when my position was opened I went to the page of vendor at myfxbook.com and saw no trade was opened.
Vendor’s trade but was opened lately at the latest time at discussed above. Now the question is: why the position of our vendor was not executed at the same time like us and there are some possible reasons:
1) The differences of rates between brokers,therefore the EA also calculates differently.
2) The server traffics between brokers,some have large server traffic and some have very small.
3) The using of VPS and direct connection. That means if our MT4 at that time run through on deskstop and the positions have been executed might be different as the executed positions which have been run through VPS only due to the band width thereof etc.
I can only think of three reasons above. Maybe you have more ideas about.
be humble,wise and thanks the Lord for every pip you get and try to keep it!