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IF.TDeOACCRx2.5.real (By Duras )

The user has deleted this system.

IF.TDeOACCRx2.5.real Discussion

joeypro (joeypro)
Jan 11 2014 at 11:33
64 posts
Hello,

Nice trading.
What is the minimum deposit for someone to follow your signal and also leverage?

Thalantas
Jan 11 2014 at 13:53
192 posts
Watchout, the strategy has 99% winning trades and only use a TP of 7pips without SL.

If a trade goes completely wrong it will be the end of the account :S

Also swap could slowly eat up the profits...

A smooth sea never made a skillful sailor.
rob559
Jan 11 2014 at 19:21
1916 posts
capital withdrawn already, trading with other traders $ ,sounds like a good plan to me

Duras
Jan 13 2014 at 07:33
3 posts
Hello All,

The minimum deposit to follow my signal is 500 units. For example, wlen I've started this, I began with 500 US cents, seen as 500 USD on an InstaForex Cent account. InstaForex has a non-standard unique way to work with lots, so I had to multiply a 'normal' lot with 10. What I want to say is that, starting with 500 units, first ever trade should have lot = 0.01 when expert advisor starts. If somebody copies the signal, eventualy, feed it back in terms of lots, start time and account balance (or lots/balance ratio if you want to keep your balance private), I'll analyze if it's well balanced. My account has a leverage of 1:500 but the expert advisor has a built-in VirtualLeverage function that limits the leverage at 1:100. It's better if your account is 1:100 from the start.

Indeed, one or more trades went wrong could end the account. It happened before in more than 2 times, it will happen again. Swap also can eat up the profits. For example, the trade started in September 2013 has already gone unprofitable. I will correct this in the future but it's not that important to me.

As I specified in MetaQuotes Signals, I don't recommend anybody to follow my signal. If you do, you're on you own :).

Thank you all for the interest,
T.

Thalantas
Jan 13 2014 at 10:15
192 posts
Duras posted:
Hello All,

The minimum deposit to follow my signal is 500 units. For example, wlen I've started this, I began with 500 US cents, seen as 500 USD on an InstaForex Cent account. InstaForex has a non-standard unique way to work with lots, so I had to multiply a 'normal' lot with 10. What I want to say is that, starting with 500 units, first ever trade should have lot = 0.01 when expert advisor starts. If somebody copies the signal, eventualy, feed it back in terms of lots, start time and account balance (or lots/balance ratio if you want to keep your balance private), I'll analyze if it's well balanced. My account has a leverage of 1:500 but the expert advisor has a built-in VirtualLeverage function that limits the leverage at 1:100. It's better if your account is 1:100 from the start.

Indeed, one or more trades went wrong could end the account. It happened before in more than 2 times, it will happen again. Swap also can eat up the profits. For example, the trade started in September 2013 has already gone unprofitable. I will correct this in the future but it's not that important to me.

As I specified in MetaQuotes Signals, I don't recommend anybody to follow my signal. If you do, you're on you own :).

Thank you all for the interest,
T.


Quick question: I see signals available on all my MT4 but how does a SP on MetaQuotes remunerate himself? As there is no direct connection between the SP and my broker to charge any fees?

A smooth sea never made a skillful sailor.
joeypro (joeypro)
Jan 13 2014 at 12:31
64 posts
Duras ,

Let me know when you make your strategy more safe to follow?

Duras
Jan 13 2014 at 19:06
3 posts
Thalantas posted: Quick question: I see signals available on all my MT4 but how does a SP on MetaQuotes remunerate himself? As there is no direct connection between the SP and my broker to charge any fees?


If you provide a paid signal using MetaQuotes 'Signals' service, subscription to your signal will cost the follower a certain amount of 'MetaQuotes Points' (MQP). Of these MQPs, I guess about 75% of them will be transfered to your MetaQuotes Account (you have one by default, I guess). You can convert and transfer then these points into one bank account of your own, following some procedure. 1 MQP = 1 USD.

I hope I was helpful. :)

Duras
Jan 13 2014 at 20:07
3 posts
Jorgos: well ... honestly ... I'm getting nowhere with this strategy. I don't think that the ideea beneath it can generate profit. As I said in MQ website, this is just a proof of concept, kinda brainstorming exercise. When I'll have a winning strategy, I'll have it paid somehow after a test and trial period. I'll let you know then, actualy I'm gonna add you in my friends's list at MetaQuotes if you accept. Cheers, Bruce ! :)

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