Discusión AlonFx10/30Live

Sent... thanks

I am sad that the system broke down again yesterday and today.

Hi Peter,

further to Sophie's question i have noticed the same as well, for example 1/12/11 there are 13 trades on my FXCBS statement with 5 losing trades. However myfxbook only shows 11 trades with 4 losers. perhaps when you work out the issue you could post an answer for everyone.

Also, it is a little disapointing to see such good trends yesterday and the EA not performing. I hope you are looking into improving it further.

Starting from 2011/01/10 19:01, there are 33 winners and 17 losers in my real count. With 10/30 pip system this makes an average of %18 loss (overall real loss is %22) But here it is shown in this site as 44 winners and 19 losers, which makes %13 loss. And the strange thing is, Peter prefers not to hear any of the questions regarding this difference.

Also again for 2011/01/13 my statement shows 10 trades 7 winners and 3 losers, the myfxbook shows 11 trades and only 2 losers to 8 winners?

Hi Sophie,

Did you get a response from your email. Would you be able to relay the explanation you received?

Nothing as of yet.......

Hi All,

I just wanted to find out if anyone has this EA on a LIVE FXCM MT4 account and if the results are very similar to the results shown here?

Thanks in advance for any comments,

Vishal3

vishal3 posted:
    Hi All,

I just wanted to find out if anyone has this EA on a LIVE FXCM MT4 account and if the results are very similar to the results shown here?

Thanks in advance for any comments,

Vishal3

I don't have an FXCM account, but I am using Signal Copy to duplicate the 10/30 Live Account trades on three different platforms. So far this week, the AlonFX Live Account has netted $27.67 for the last 12 trades--10 winners and 2 losers. The pips and values for each trade annotated on MyFxBook match their master FXCBS account exactly, but do not reflect the $0.80 commissions for each trade on that account. If you add their dollar values for the 12 trades they have for this week so far and deduct 80 cents for each of the 12 ($9.60), you should get $28.97. The other $1.20 difference is for the daily swaps.

My FXCBS live account has actually done the worse with a net value of $22.68. My Alpari US live account netted $30.40 and a Forexoma demo account is $26.75 in the black. From my limited experience duplicating the AlonFX's open/close signals, the values for this week are probably close to what they were in previous weeks.

I hope this helps.

Gene

Hi Gene,

Thanks for your reply. Certainly does help.

I just wanted to make sure all trades are at least being opened and close reliably by which it sounds as if it is. I just want to make sure the connection is reliable. I understand and accept that there will always be slight variations with getting exact same entry and exit points with trades due to slippage and other factors, but as long as 99% of trades are copied then im happy with that.

With regards to using signal copy, is it signalcopy local (costs $79) you are using from https://signalcopy.com?

vishal3 posted:
    Hi Gene,

Thanks for your reply. Certainly does help.

I just wanted to make sure all trades are at least being opened and close reliably by which it sounds as if it is. I just want to make sure the connection is reliable. I understand and accept that there will always be slight variations with getting exact same entry and exit points with trades due to slippage and other factors, but as long as 99% of trades are copied then im happy with that.

With regards to using signal copy, is it signalcopy local (costs $79) you are using from https://signalcopy.com?

I've only experienced one occasion where SignalCopy missed a trade on one of my accounts, but it was executed on the other two. Otherwise, I find it to be very reliable.

Yes, I do have the local version. If you order it, you will need to decide what type of license you want. I got the licensing by product key so that I could use it for different master accounts and slave accounts, but the drawback is that it's licensed for just that computer. Since I wanted to be able to access it from both my desktop and laptop when I travel, I decided to host it on a Virtual Private Server (VPS). As far as I'm concerned, it works great since the only programs I have running on it are the MT4 accounts. I didn't really know anything about VPS before, but I found some good info and it was easy. If you want more details, just drop me a note at [email protected] and I'll reply directly to you.

Keep in mind that AlonFX does have a link for a free trade duplicator. You may want to try it. I used it when they first announced it, but didn't care for it; however, you may find it acceptable for your purposes.

Gene

Hi Peter,

Will it be possible to get some answer's re trades on myfxbook not matching up to the managed accounts?

for example my statement for January 20, shows 5 trades not 6.
additionally, the GBPUSD trade at 1.20.11 19:45 shows shows a profit 12.2 pips for 0.01 contract size, so a profit of only $1.22 why would the EA get the contract size so wrong?

the below is taken directly from my statement.
1589443 2011.01.20 20:30 sell 0.01 gbpusd 1.58907 0.00000 0.00000 2011.01.20 20:46 1.58785 0.00 0.00 1.22

I have done a quick approximate review of my FXCBS acc versus the live 10/30 account using my monthly/daily statements from FXCBS, fortunately for ease my FXCBS acc also began on the 11th November.....these are my results up until today.... Versus the live page there is a big difference every month I know there were problems copying trades in Nov....but it seems I am still having quite a big difference to the myfxbook results..


Live page Nov (from 11th) +33.71%     Dec -0.66%    Jan to date + 0.64
FXCBS Acc Nov (from 11th)  +1.5%      Dec -18%   Jan to date -6%

Is anyone else experiencing this?

Thanks

Still no news on my statements sent....

I have just spoken to admin on skype and there have confirmed there are still ongoing problems following on from November's issues.....the explanation I got for the disparity in trades in Dec/Jan was 'They are being copied properly however due to the very slight difference in prices on entry there are times when the stop loss is triggered on the managed account but not on the live account'

Seems a very big 'slight difference'. -18% in Dec (Start $1587 end $1308) compared to Myfxbook Dec -0.66% and -6% so far in Jan (start $1308 20th Jan $1231) compared to Myfxbook +0.64%

Apparently they are still working on a solution to this issue........Watch this space.....I hope it gets sorted sooner rather than later

My main concern is that the figures being shown on the live account (myfxbook) are not being achieved on the managed account (FXCBS) and that at this rate of large % differences between Live and FXCBS my balance could get wiped out over the coming months....this problem needs to be sorted as my managed account is nowhere near where the live account appears to be to date.

I am not worried about the returns not being there at the moment.....just want my account to be much closer to what the live account is doing on here. What you see is not what you get!

Peter,

Is there any life left in the 10/30 system? Although it was off to a very strong start, it seems as if the system has been failing ever since the holidays in December. Unless things turn around quickly, I will be canceling my subscription in the near future. It's a shame for such a promising program.

In addition, I'd like to make a plea for better communications from AlonFX. The last email I've received for my managed account was on Jan 26th and I have never received a subscriber email for the 10/30 system. I beginning to wonder if something is wrong.

Gene

Hi Peter,

Can we have an update.......what is happening with the strategy? Are you intending on keeping it going, given the way it has been going since xmas?

Is there a reason why it has been going downhill this year?

Thanks

Sophie

I too will be canceling shortly if there is no feedback...

I think the strategy is not working, and already will be the 3thd month of fall. Just save your money and withdraw

I canceled my account after losing %30 with this system and started winning again by myself. Do the same...