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Myfxbook Autotrade
會員從Apr 28, 2012開始
219帖子
Feb 03, 2015 at 20:45
(已編輯Feb 03, 2015 at 20:47)
enemybury posted:
funnily enough I was about to start following DC1 and Vantage with real money but it seems that their records could all be false/impossible to get in real life!
Anyone know of a good autotrade trader who is not connected to a bucket shop/broker??
Thanks
Ambush is good, though they've been on a hell of a losing streak thus far; I'd wait it out.
Enter The Zone, Sico and Mahulong look promising but they don't have much trading history.
You want high monthly return to drawdown ratios (1 to 3 or better) and a expectancy per trade that's at _least_ 3.0 pips or better after you eliminate inflating pairs like XAUUSD and other commodities/indexes. Keep in mind that Autotrader will usually eat 1-2 pips of spread off of the expectancy.
Offering the best commission discounts for the best broker: $1.50 / RTL Global Prime:
會員從Nov 10, 2014開始
2帖子
Feb 04, 2015 at 07:27
Surrealistik posted:
Ambush is good, though they've been on a hell of a losing streak thus far; I'd wait it out.
I just cancelled Ambush & will wait to see if results get back on track. Perhaps they have changed personnel, can't believe the change in performance this year.
Feb 04, 2015 at 10:57
Everytime a new provider comes out of Autotrade, I look at the stats and start a demo. Unfortunately, I have not seen any good one for many months now. Here are the latest demos and dates started and equity as of today. All started with 1,000:
DEMO AMBUSHCAP OCT23 769.19
DEMO MAHULONG DEC.12 1043.15
demo vantage jan12 1045.89
DEMO DC JAN26 899.86
In the past, I have followed Onecat and had profits with it but eventually he crashed too.
DEMO AMBUSHCAP OCT23 769.19
DEMO MAHULONG DEC.12 1043.15
demo vantage jan12 1045.89
DEMO DC JAN26 899.86
In the past, I have followed Onecat and had profits with it but eventually he crashed too.
會員從Dec 04, 2010開始
1447帖子
Feb 04, 2015 at 22:11
https://www.myfxbook.com/members/aeronthomas/autotrade-testing-post-snb/1131403
I started a fresh autotrading account after the SNB crash as Fx Const Growth I was following lost a lot of pips in the demo on CHF pairs, so thought let's start afresh I am follow them all at 1:1. As you can see account is negative, but some providers are doing okay....
FxConstGrwth 278 127.89 400.6 156 56% 4.48%
Volatility Factor 21 95.91 113.2 13 61% 3.27%
DC #1 268 62.35 575.6 179 66% 2.20%
Vantage 28 41.57 -18.7 17 60% 1.24%
Enter the Zone 17 12.36 9.7 13 76% 0.35%
AHA-Live 10 -58.72 -122.7 4 40% -2.04%
Sico 29 -146.03 417.6 16 55% -4.63%
Ambush Capital 332 -238.37 -5312.9 140 42% -7.74%
I have started a fresh demo with ZT (competitor) to see how it does trading fixed lots 0.01 across 16 providers in 8 days on a $3,000 account equity is now $3,424. So will demo it for longer then make decision which way to go (you do have to do more filtering to find good providers when so many to choose from and put on SL for each provider, and max open trades etc. So far so good.
I started a fresh autotrading account after the SNB crash as Fx Const Growth I was following lost a lot of pips in the demo on CHF pairs, so thought let's start afresh I am follow them all at 1:1. As you can see account is negative, but some providers are doing okay....
FxConstGrwth 278 127.89 400.6 156 56% 4.48%
Volatility Factor 21 95.91 113.2 13 61% 3.27%
DC #1 268 62.35 575.6 179 66% 2.20%
Vantage 28 41.57 -18.7 17 60% 1.24%
Enter the Zone 17 12.36 9.7 13 76% 0.35%
AHA-Live 10 -58.72 -122.7 4 40% -2.04%
Sico 29 -146.03 417.6 16 55% -4.63%
Ambush Capital 332 -238.37 -5312.9 140 42% -7.74%
I have started a fresh demo with ZT (competitor) to see how it does trading fixed lots 0.01 across 16 providers in 8 days on a $3,000 account equity is now $3,424. So will demo it for longer then make decision which way to go (you do have to do more filtering to find good providers when so many to choose from and put on SL for each provider, and max open trades etc. So far so good.
會員從Apr 28, 2012開始
219帖子
Feb 05, 2015 at 00:02
Appreciate the info Matt.
Does anyone have real money with DC#1? Interested in this system but it is traded at a bucket shop broker so I absolutely cannot trust its figures.
Does anyone have real money with DC#1? Interested in this system but it is traded at a bucket shop broker so I absolutely cannot trust its figures.
Offering the best commission discounts for the best broker: $1.50 / RTL Global Prime:
Feb 05, 2015 at 21:01
i was following ambush and lucky pound with virtual cash but they went to shit fast.
mahulong is also in my list for the past 2 weeks and is doing sorta ok.
not sure whether any of these guys are profitable when spreads and longterm are taken into account.
if only vantage and dc#1 were real!
mahulong is also in my list for the past 2 weeks and is doing sorta ok.
not sure whether any of these guys are profitable when spreads and longterm are taken into account.
if only vantage and dc#1 were real!
會員從May 08, 2013開始
5帖子
Feb 05, 2015 at 21:01
My opinion is that strategies with re-deposits/bigger withdrawals than the profit should be filtered out. Its very easy to manipulate statistics with that.
會員從Dec 04, 2010開始
1447帖子
Feb 20, 2015 at 15:10
1001307 02.10.2015 23:35 02.20.2015 09:02 AUDUSD Sell 0.02 0.80817 - 0.77817 0.78288 -47.1 -9.42 9d -0.35%
This was a trade by FX constant Growth that closed for negative 47.1 pips after according to the GAIN chart in my account it was up 134.4 pips at one stage during trade.
Another that was up 127.4 pips but closed for negative 33.3 pips.
02.10.2015 13:33 02.20.2015 06:02 AUDUSD Sell 0.02 0.80747 - 0.77747 0.78080 -33.3 -6.66 9d -0.25%
Is this trader asleep at his computer? sure when you are offering an autotrade service on here you would add trailing stops to lock in profit on what were otherwise good trades. Can't understand this.
Can anyone confirm who is a live autotrader can you set up a trade protector EA to manage the trades that the trader sets up on your account, I know you do have a mt4 access I believe for your account, but not sure if there is a block on transacting on your account. If not I don't think it's worth me wasting anymore time demoing this system, if so will need to see if could make some of the traders more profitable by applying my own settings locking in profits sooner, and cutting losses quicker. As always welcome feedback from anyone use the system live profitably.
This was a trade by FX constant Growth that closed for negative 47.1 pips after according to the GAIN chart in my account it was up 134.4 pips at one stage during trade.
Another that was up 127.4 pips but closed for negative 33.3 pips.
02.10.2015 13:33 02.20.2015 06:02 AUDUSD Sell 0.02 0.80747 - 0.77747 0.78080 -33.3 -6.66 9d -0.25%
Is this trader asleep at his computer? sure when you are offering an autotrade service on here you would add trailing stops to lock in profit on what were otherwise good trades. Can't understand this.
Can anyone confirm who is a live autotrader can you set up a trade protector EA to manage the trades that the trader sets up on your account, I know you do have a mt4 access I believe for your account, but not sure if there is a block on transacting on your account. If not I don't think it's worth me wasting anymore time demoing this system, if so will need to see if could make some of the traders more profitable by applying my own settings locking in profits sooner, and cutting losses quicker. As always welcome feedback from anyone use the system live profitably.
forex_trader_6135
會員從Jan 25, 2010開始
66帖子
Feb 28, 2015 at 18:59
Is there a thread where you can discuss the performance of the autotrade signals with the owners?
forex_trader_6135
會員從Jan 25, 2010開始
66帖子
Feb 28, 2015 at 20:05
Got a feeling its not something you will ever need to worry about but sadly I have no idea!
Mar 01, 2015 at 18:42
Being an active trader myself, I would be very careful modifying the trades of an existing system. You must assume that the trader has done the necessary homework, and knows why the trades are given room to breath. If you manually modify a system, the only way of knowing if it performs better would be to try and do some statistical performance comparison between the modified system and the original trading system. You would probably need a few hundred trades for this analysis to make any sense.
In short I would say, if you think the trader is trading a system that you do not like, do not follow the trader.
You also do not know what the trader is looking at. e.g. he may leave it open because of risk management versus other trades that are open in his basket etc etc...
This is why I like by trading myself, with a system I understand, where I know the risks and I know what kind of loosing streaks are normal. You just don't have these insights in somebody else's system.
Again, I would stay away from modifying a system and instead look to a system you like.
If you really want to manipulate a system you could always write an EA that implements a trailing stop.
In short I would say, if you think the trader is trading a system that you do not like, do not follow the trader.
You also do not know what the trader is looking at. e.g. he may leave it open because of risk management versus other trades that are open in his basket etc etc...
This is why I like by trading myself, with a system I understand, where I know the risks and I know what kind of loosing streaks are normal. You just don't have these insights in somebody else's system.
Again, I would stay away from modifying a system and instead look to a system you like.
If you really want to manipulate a system you could always write an EA that implements a trailing stop.
Mar 27, 2015 at 10:20
On a 10K account why not. The downside is that you may end up with a VERY large number of open trades. So even at 0.01 lots, 50 trades open still have 0.5 lots. Meaning your live account will also need to be over 10K. It would also negate any money management techniques the provider uses. This means you are assuming no MM( or lotsize mgt) is better then what they are using. If they are successful traders, they probably have a good reason to determine the lotsizes the way they do. In other words, you would be using tested systems in an untested way. A lot of uncertainty... which are trading conditions I personally would not be comfortable trading in. You could use your demo account history though to start building some statistics and take the uncertainty out....Not sure if you can download trading history from a demo account, maybe somebody can comment on that
Mar 27, 2015 at 20:33
I started 3 demo accounts, 10K each. On the first all the providers are running on 0.1 multiplier level, on the second one all the manual and mixed ones are running on 0.5 level, and on the third one all the automated ones with 0.5 level. In about 3 months we can start looking for any relevant results or statistics. Till then, anyone is more than welcome to comment or discuss on this matter, I am quite new to this Autotrade thing, haven`t even read every comment on this thread. Thanks.
會員從Apr 28, 2012開始
219帖子
Jul 08, 2015 at 17:14
(已編輯Jul 08, 2015 at 17:20)
I don't like that these signal providers can abruptly sever themselves from Autotrader without any advance notice to the trader whatsoever as HansTrader did.
Also, when determining which systems to follow, remember to reduce the per trade expectancy of any prospective system by 1.5 pips to account for the increment of spread that MyFXBook, the broker and trader take home.
I also recommend holding off on investing in any prospective autotrader until six months _after_ they join the Autotrade program, then review their strategy. This is to better determine if their strategy is viable over a longer term period, if they've remained consistent and true to the strategy that was in place and made them successful before joining the Autotrade program, and whether they've resisted the powerful temptation to churn as Autotrade compensates them on the basis of volume (which is an absolutely terrible way to compensate a trader and creates inherent conflicts of interest).
Also, when determining which systems to follow, remember to reduce the per trade expectancy of any prospective system by 1.5 pips to account for the increment of spread that MyFXBook, the broker and trader take home.
I also recommend holding off on investing in any prospective autotrader until six months _after_ they join the Autotrade program, then review their strategy. This is to better determine if their strategy is viable over a longer term period, if they've remained consistent and true to the strategy that was in place and made them successful before joining the Autotrade program, and whether they've resisted the powerful temptation to churn as Autotrade compensates them on the basis of volume (which is an absolutely terrible way to compensate a trader and creates inherent conflicts of interest).
Offering the best commission discounts for the best broker: $1.50 / RTL Global Prime:
