Discussion Behemoth All Pairs - Discontinued due to broker problems

I was going to leave this to run a little longer before making it public but what the hell.

This is Behemoth running on eight pairs on MB Trading.

This will be offered as a subscription tipster service once it has had enough history to prove it's efficacy.

The software is still in alpha stage but is moving into beta release shortly.

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Just realised I had the wrong settings on AudJpy.
Doh!

And also discovered a bug in my alpha version - fixed though now.

I've also discovered that MB trading have a bug in their lot recording on the account summary. Has anyone else come across this? It does not seem to record the full number of lots closed. As it's potentially doing several closures due to being an ECN, my guess is they aren't summing the total lots but are instead recording the lot size of the first closure.

I've told them about it and they say 'Refresh the platform' - which doesn't help much when the lot sizes have already been recorded in MyFxBook.

Think I'll shift this to another broker.

May I suggest Instaforex? Sign up through Cashbackforex and get 1.3 pips rebate.
They have 3 pips spread on audusd, eurjpy, gbpusd and usdcad. audjpy is 10 pips - all instruments here: https://instaforex.com/specifications.php

I can only 'see' the 5 pairs you have closed trades on so far...

You could open a standard cent-account, and because Instaforex's standard 1.0 lot is only 10'000 units, oppossed to the normal 100'000 units, the smallest trade would be controlling only 10 units - with leverage 1:1000 the deposit doesn't have to be much :)
Then you can see it trading live - if you can keep it rolling in 30% a month 100$ would make more than a million in 3 years 😁

Good luck trading..

Soeren.

Thanks Soeren,
I anticipate far more than 30% per month. Earlier today before the rogue AudJpy trades kicked in it was around the 100% per month mark and it's still alpha stage , there's a lot I can do to improve it yet.

I'll take a look at instaforex but those spreads aren't the best. I'm really looking for the best ECN spreads I can get in order to feed my Dukascopy account with trades.

I was just thinking, 100$ (or less) is worth paying for a live test, even if it blows up the account. If you have a 'minimum' deposit for trading microlots (10'000/100'000 * 0.1), pay that in cents, and see how far it goes. As a bonus, you'll see how it works on 'bad' spreads and not just ECN. So minimum tradesize is 10 units and maximum tradesize is 1'000'000 (10 standard market-lots) - on the standard dollaraccount minimum is 1'000 units and maximum is 100'000'000(1000 standard market-lots).

Did I mention the 30% deposit bonus? That's ALL deposits... 😉

And thanks for the direction to dukascopy's forum, i'll take a closer look when i come home tomorrow.

As a sidenote, i can tell that i've checked my statement in here, and it seems that my tradingterminal has crashed at 18.20 server-time (no updates in 7 hours) but the 2 trades it managed to open did get their TP's active (I open trades and modify TP afterwards)
😡😡😡 😭

I'm already thinking of how to unstress the computer just a bit by optimizing the program, but it's really hard to reach my keyboard and screen 50 km away 😕

Wonder if it's time to get more cpu-power and memory, trading 29 instruments in one terminal takes a lot of power...

Check JadeFx if looking for ECN. Not as well regulated as MBT thats all.

Go Markets Steve. ECN execution without the commission. Been there live a while, no problems at all.

Thanks for the suggestions guys, I'm actually already running it live on a $1000 account at Jade FX.
I don't like their overnight rates though, a little pricey for an EA that can potentially be in trades for a while.

I did think about GoMarkets at one stage but I head they were having problems with their execution speeds

I am stopping this test due to the aforementioned problem with lot sizes on MB Trading's platform.

I am now testing on FXOpen and will add that account.