soulfire's Posts | Myfxbook

FTS - EGB in Trading Systems Mar 31, 2014 at 15:43

FTS - EGB in Trading Systems Mar 30, 2014 at 11:38

Hi NicolasFX,Firstly, congrats on having one of the most robust and smooth strategies in the world of forex.I see that March 27th was a highly abnormal day with an account loss of 15% and total pip loss of -670 pips. I'm interested as to the causes of this loss. Is it within your general risk parameters of the strategy or is it a loss that exceeds your expectations as per a 'black swan' style event? In other words, do you expect abnormal events like this from time to time or is there a one-off reason or explanation for this?Obviously it is important to have some idea whether big lo...

Zealot High Risk in Trading Systems Jul 13, 2013 at 05:11

This system is surviving and thriving very nicely!Is it possible to verify the track record for further assurance?Are you trading this live? It would be good to see a live account also. These 2 things are important for me to see to have confidence in a system before I can consider purchasing. I know many others also look for these 2 signs.Thanks

Enable Rebate deposits to count towards Profit amount in Suggestion Box Oct 03, 2012 at 10:18

Some brokers such as Instaforex deposit trading rebates directly back into the trading account. At present myfxbook reports these payments as new investments in the Deposit amount and are not counted in the Profit amount. So instead of INCREASING the investment return number, the rebate payment is displayed exactly opposite - as DECREASING the overall return.These payments can end up as significant amounts and make tracking these accounts using myfxbook inaccurate and time consuming.Could you amend your software so that Rebate deposits count as trading Profit and not New Investments.Thanks

Max floating Drawdown PER TRADE in pips / % / $ in Suggestion Box Sep 30, 2012 at 07:00

I agree this is a much needed and missing functionality. It would raise myfxbook analysis to the same level as other competitor services.

sys 1 in Trading Systems Aug 09, 2012 at 15:39

Do you think the lack of robustness is due to the unreliable constant server authentication or due to the code itself? I read also that FGT based the code off a free EA from a forum.I have my eye on the new forex hacked which looks very interesting:http://www.myfxbook.com/members/forexhacked/new-forex-hacked-professional/352554 I see 2 FH accounts you are running that look like hacked. Do you have the experience to compare FGT, Hacked and Envy? I'm looking to run Hacked, Envy and Zenx. The only one I'm running live now is Zenx which seems solid but very slow opening 1 new trade every f...

FGT_Micro_Account in Trading Systems Jul 31, 2012 at 16:04

Hi Arya,how come this one blew? Were the settings default, and if not how were they different?Thanks

sys 1 in Trading Systems Jul 23, 2012 at 07:08

Hey Rob,Is the 20 pip step switch your idea or from the FGT?I have to decide whether to run this on pico, nano or standard/micro account. I tend towards wanting to stick with decent ECN brokers with better spreads and more reliable execution although that would probably mean 1:400 leverage.

sys 1 in Trading Systems Jul 20, 2012 at 07:39

Hey Rob,good luck with this. Why do you say real cent acc is the only way? Do you think the 1:1000 leverage is critical vs standard acc with 1:500 leverage? Or is it the ability to trade in pip fractions which can't be done on a small standard acc.Are you using default settings? If so you should be hopefully seeing a nice 30% a month here.

Forex Fast Trader in Trading Systems Jul 18, 2012 at 04:28

http://www.myfxbook.com/members/FxGridTraderEA/forex-grid-trader-ea-fx/294047

forexgridtrader in Trading Systems Jul 17, 2012 at 06:02

Hi Rob,I see your grid trader is suffering a large DD. Your total DD is listed as 62% which is around double the official account DD of 35%.. Your current equity is at 67% while the official account is 99.96z5 current equity. Are you using default settings? Do you know what is causing the discrepancy?Thanks

Forex Fast Trader in Trading Systems Jul 17, 2012 at 03:49

It looks identical to this EAhttp://www.myfxbook.com/members/FxGridTraderEA/forex-grid-trader-ea-fx/294047

Forex Fast Trader in Trading Systems Jul 05, 2012 at 16:22

Hi Forexfast,this chart looks identical to the chart from Forex Grid Trader:http://www.myfxbook.com/members/FxGridTraderEA/forex-grid-trader-ea-fx/294047Does your PAMM use that EA? Is your EA available to buy or only within the PAMM?

Forex Grid Trader V 1.0 in Trading Systems Jul 05, 2012 at 16:04

Zyrt is yours similar to Levers? Because the official account has just 3% DD now. I think 1:1000 leverage has something to do with the good results on FXclearing ;)

Forex Grid Trader V 1.0 in Trading Systems Jul 05, 2012 at 15:39

Lever, we can see current equity on each account which gives a good clue.I just took a quick look at Sherifs, Levers and the official real FXClearing account to comparehttp://www.myfxbook.com/members/FxGridTraderEA/forex-grid-trader-ea-fx/294047Sherif Current equity = 100.98% so currently no DD. Official real FXClearing accountCurrent equity = 97.08% so currently very small DD.Leverconsult demoCurrent equity = 58.75% - we can see you have 12 Buy trades in big DD. It looks like Sherif is using default settings same as the official account just with higher risk . Do you know why yours is doing s...

Why Two Drawdown Stats? in Experienced Traders May 19, 2012 at 07:05

I believe the drawdown under Stats is peak to valley DD on closed trades while Chart Drawdown is floating equity on open positions. Although I'd like to clarify this as visually it often doesn't match up. Look at this chart as an example:http://www.myfxbook.com/members/Hanyul/galaxy-x-real/259628The Chart Drawdown tab says the highest floating drawdown was on April 20. This contradicts the yellow equity growth line on the growth chart which is ABOVE the red growth line indicating equity was in profit on April 20.

uyfuyf in Trading Systems May 16, 2012 at 15:06

Hi Will,I've been watching this one over the months with the intention of signing up at some point. I'm disappointed to see the 3 accounts not being updated during this drawdown period. This account hasn't been updated since May 11 with the other 2 accounts since May 14 - 3 days ago. It hurts your image to hide the current account status during a bad period even more than the drawdown itself as it gives the impression there is something to hide.

GridMeUpFX - Enhanced (Real) in Trading Systems Oct 10, 2011 at 13:25

I went live with GMU Enhanced a few days ago it seems at the worst possible time. I've had 17 Sell trades and 1 Buy trade. Can someone explain the strategy to me? Why does it keep setting sell orders on an upward trend rather than buy orders? If it had been setting buy orders it would have made money rather than be in a deep critical DD now.

Please FIX the wrong %DD. It ıs not reflecting the truth!! in Suggestion Box Oct 05, 2011 at 07:20

A parallel issue to this is the delay in showing the latest drawdown figures visually on the chart. The chart only updates each day if a trade is closed on that day - so if no trades have been closed there is no chart information shown. This is a problem as a system may be slipping into deeper equity drawdown each day which is hidden until a trade is closed and the chart updates. It would be good for the chart to update each day even without a closed trade so we can see that even if the balance line remains static the yellow line is changing to reflect the varying equity amount.

Please FIX the wrong %DD. It ıs not reflecting the truth!! in Suggestion Box Sep 24, 2011 at 00:24

I agree. Why not add daily Equity Drawdown % as a second statistic underneath the current daily Balance drawdown %?This statistic is equally as important. A system may look safe with a closed trades drawdown of just 10% but may be high risk with actual open equity drawdowns of 60%. Is this currently displayed anywhere other than visually on the chart? This is critical to comparative analysis of the risk and safety of different systems.

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USDJPY	154.332	USDCAD	1.37812

Posts by soulfire