ubernova's Posts | Myfxbook

Sharp Ratio & Standard deviation in Suggestion Box Dec 09, 2009 at 17:40

I agree with "sdsarmad" , it seems that although we have many traders using myfxbook for its orginal purpose, performance tracking and analysis,many are joining because your analysis features are paramount to those managing investor funds or seek to provide managed accounts to clients. It would be a great tweek, to allow a user avatar/logo with a "powered by myfxbook", with direct links to the performance page but other systems are hidden from view, but in my opinion i think a better solution than hiding other systems would be to have a "combined report" a perform...

Sharpe Ratio and other metrics in Suggestion Box Dec 01, 2009 at 18:17

Dear staff, i know you guys have much coding and tweaking of the new verification system. i've not long lear'nt about the sharpe ratio, but now understand the sheer importance of this equation.i'd very much like to see the sharpe ratio impliemented, simply because from an institutional point of view this would expose which traders are making adverse risks against their/someone elses profits, although high profits, their recklessly trading. from a investor point of view this is very important as it will help to determine which traders are making healthy calculated risks without too ...

No 'forced' trade to gain 'Trading Privileges' in Suggestion Box Nov 30, 2009 at 21:25

at the end of the day, your gonna make a trade at some point! just add the comment when your ready to trade, staff are correct as with most things mt4 - transactions, EA's etc they can be modified, manipulated, forged, the platforms only letdown. its not like theres a time window to whe you must make that trade!

only authenticated accounts on systems page in Suggestion Box Nov 25, 2009 at 21:43

this verification system couldn't come sooner!question to staff:- apart from ad revenue, is there any plans to generate more income, i.e charge investors when a contract/transaction is decided with a trader you recommend based on the investors requirements etc? its a fantastic performance service for us traders, but the real cash would be in a "dating service" for introducing investors with traders etc? sorry just my old web design mind ticking on overdrive!

only authenticated accounts on systems page in Suggestion Box Nov 16, 2009 at 20:38

dear myfxbook, the time has come to started deleting "idiot accounts" , script kids who make up fake transaction histories, just to get on the systems page, they out dupe and fool honest investors out of pocket and sell so-called holy grail EA's, more importantly its ruining the site.ok, i think the best solution is:~ only authenticated accounts get to see the light of day on the systems page, even then myfxbook should be the investor and check the account manually before they get featured.we need tighter controls to rid your pride and joy of scam artists, im passionate about y...

forexeabuster in Trading Systems Nov 16, 2009 at 20:24

im hoping that myfxbook sort out some features to oust these idiots on here who simply build a fictious html transaction history, so easy to do. i mean honestly, how old are you 12?, if you think even with 6000+ trades you'd have that gain result, then you really are as stupid as were presuming and clearly to dumb to trade for real, let alone have any ability what so ever in maths! . shame this site is getting raveged with idiots in the true sense of the definition. i think its about time myfxbook started charging a subscription.

Report in PDF in Suggestion Box Nov 03, 2009 at 13:55

i like this idea, employing this feature would be very benifical to prospectful investors, being able to have a performance report deployable for email etc in a universal format would be an advantage to all

flaw in charts - we need pips growth not equity in Suggestion Box Oct 07, 2009 at 12:01

in response to "StephanusR" , this was my main reasoning behind my suggestion. If we look at many EA's performance on myfxbook, we can immediately notice that an EA's cares little about money management, with many with drawbacks as much as 50%, no genuine trader would touch such systems with a barge pole. also you'll notice that EA's care more for lot sizing, multiplying risk with so many trades, again very bad trading method in the long run, these systems will rake in the profits and in one trade will swallow all that profit too.hence why i suggested pip growth inste...

Rsi Breakout in Experienced Traders Sep 29, 2009 at 18:49

hi biz0101, we keep bumping into each other lol, nice rsi system idea, ive recently developed my own system, i designed based on very strict trading rules. my system uses the RSI with custom settings, equidistant channels and price action, also i grid position trades within a 70% range of daily hi-lo's with a max of five grid positions, so the death trade(5th) hits profit but only by 5-10 pips, strangely it is working in trending markets very well (so far).even those who use EA's, many slam robots, but after all, these robots simply follow trading rules that someone somewhere used manu...

port to iphone? in Suggestion Box Sep 28, 2009 at 18:53

hi, firstly thanks to the staff of myfxbook.com, for constantly bettering the website and listening/implimenting their users suggestions,great updates, as we all expected from you guys!! i was wondering if there is anything in the works for a iphone/android/windows/blackberry app ? analysis on the move?, since mt4 is availible on windows mobile as are many other trading platforms i guess this would be a priority, though i'm an iphone fan (at the moment).many thanks

flaw in charts - we need pips growth not equity in Suggestion Box Sep 24, 2009 at 09:43

ive noticed a great many of the accounts on myfxbook are demo accounts, testing strategies and robots and there overall performance. any true trader would not be too concerned with equity growth, why? example:~ a scalper robot that uses large lot sizes can easily grab $100 for a 1 pip scalp trade, it is widely known that scalpers have a very, very, very high risk/reward ratio, one loosing trade can blow all the winning trades for the past week or more in one fale swoop, not good trading practice and very poor money management. second example, my own testing account, i'm actually -800 pips ...

most realistic demo acc. broker when compared to live acc. in General Sep 14, 2009 at 15:57

hi folks, which broker in your experience provides the most realistic and closest representation in demo accounts of the same brokers live accounts, both mini and regular?i.e some say **** broker is real different when comparing their demo account to live account, price feeds, fixed/variable spreads news report spread changes, spikes, general representation of the real market fluctuations. which brokers tend to wage against your positions in live accounts also.how different does your EA perform in live account compared to demo account, does your EA make fewer trades, losses more than it wins i...

Borg style community MT4 signals in Suggestion Box Sep 10, 2009 at 16:10

i can understand those who wish to keep there signals private, afterall privacy is important, but a hive of systems that are running EA's, thats powerful, if many different EA's are giving the same que.The other reason i thought of hive trading, is for the lesser experienced trader or complete newbies. remember the market's direction and execution is a result of crowd behavioural decisions and crowd psychology, the crowd that moves the market are also a combination of robots and manual tradesr.i can understand that Fulltime247 wouldnt want to share his/her success of years of knowl...

Borg style community MT4 signals in Suggestion Box Sep 10, 2009 at 08:15

wouldn't that be awesome, we can see both live and demo accounts historical trades, i.e on H1 chart 50 traders opened a trade at 7:00 AM ESTa free or premium alert system/signals service could be developed based upon a set number of opening trades and closing trades, we are all using differings manual strategies and testing many EA's/robots, combining this data in realtime from all/user selected systems would provide a very very solid foundations for a new and innovative breed of signals service.example: 1.user can select all systems or subscribe to selected systems2.alert is twittered...

when do we make the most win/loss in timeframes in Suggestion Box Sep 04, 2009 at 18:21

i.e trader tends to make winning trades between these times on this currency pair or most likely to gain the most pips on this day of the week. this would help traders identify a window of likely winning trade oportunities and with which currency pair their likely to meet profit target with.

Average no. of wins between losses & vice versa in Suggestion Box Sep 04, 2009 at 18:13

it would be a awesome feature to show the ratio of wins between losses, i.e if you win an average 3-4 time before a defeat. it could be shown as a ratio i.e 7/10 or 3/10 loss etcinformation could also be broken down to average pip gain versa pip loss too, this would help build a clear and concise picture of ones performance and howmany trades account for recovery.

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Posts by ubernova