Myfxbook Autotrade

Has anyone had any trades open for Asia? Were any of those trades profitable?

My log of trades since I connected to this signal: 9 in profit, 1 loss

26.05.2017 06:04 26.05.2017 07:56 EURAUD Sell 0.21 -50.10 4999.70 1.50825 1.50559 26.6 37.10 1h 51m 0.73% Asia
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26.05.2017 04:12 26.05.2017 06:04 EURAUD Buy 0.21 -49.20 5000.40 1.50621 1.50819 19.8 27.57 1h 51m 0.54% Asia
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26.05.2017 01:27 26.05.2017 04:12 EURAUD Sell 0.21 -31.90 28.00 1.50325 1.50641 -31.6 -44.05 2h 45m -0.86% Asia
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26.05.2017 01:06 26.05.2017 01:24 EURAUD Sell 0.21 -49.60 5000.60 1.50403 1.50341 6.2 8.66 17m 0.17% Asia
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26.05.2017 01:06 26.05.2017 01:24 EURJPY Sell 0.21 -49.10 - 125.28000 125.27500 0.5 0.84 17m 0.02% Asia
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26.05.2017 00:21 26.05.2017 00:59 EURAUD Sell 0.21 -21.50 4999.80 1.50427 1.50407 2.0 2.79 38m 0.05% Asia
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26.05.2017 00:27 26.05.2017 00:44 EURJPY Sell 0.21 -50.70 4999.30 125.40700 125.36300 4.4 7.37 16m 0.14% Asia
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22.05.2017 23:56 23.05.2017 00:32 GBPAUD Sell 0.21 -50.70 59.30 1.73924 1.73813 11.1 15.51 35m 0.31% Asia
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21.05.2017 23:05 22.05.2017 00:01 EURAUD Sell 0.21 -48.40 61.60 1.50503 1.50396 10.7 14.94 56m 0.30% Asia
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21.05.2017 23:34 22.05.2017 00:00 EURCAD Sell 0.21 -50.70 59.30 1.51514 1.51364 15.0 20.81 26m 0.41% Asia

@wisnie Hello William, are you using demo or real account?

I'm been autotrading Asia and Ninja Trainer on real with IC Markets, because most of other brokers have too high spread on GBPCAD, GBPAUD, GBPCHF and someone also on EURAUD. For example with Pepperstone it's not possible to trade these pairs. Asia's broker is Alpari that has best spread on these pairs and they also more stable during the peaks from 23:00 to 01:00, when the most of Asia's and Ninja Trainer's trades are opened and closed. This is really a problem to autotrade these two signals in real and my research has indicated that the best solution is to use IC Markets.

With IC Markets the trades seem to be good (with some differences from Asia results, due to different spreads between Alpari and IC Markets and the Myfxbook Autotrade spread mark-up on my IC Markets account) but I need more data to give a significative answer.

Moreover, with Asia some trades have been missed by me and also by you (William): I have requested to Myfxbook Support an help about that but I'm still waiting for a reply.

My real Autotrade acc with Pepperstone is near to one month old. Ninjatrainer is the best performing of my signals providers.


Could you post the slippage numbers from your account? Thanks.

This morning I woke to find that one of my mirrored trades from ninjatrainer made a loss.. no big deal.. not until I look at his account where the same trade made a profit and closed last week... :S

Have asked support to take a look..

@tephra

Which broker do you use? Is the trade that made a loss on GBPCAD, GBPAUD or EURAUD?

Anyway, the Support's answer will be: the slippage when the trade has been closed. -:)

Nothing to do about that...

tephra posted:
This morning I woke to find that one of my mirrored trades from ninjatrainer made a loss.. no big deal.. not until I look at his account where the same trade made a profit and closed last week... :S

Have asked support to take a look..

Not sure but could it be at they closed trades at Friday evening while your broker was already closed?

jeanluc posted:
@tephra

Which broker do you use? Is the trade that made a loss on GBPCAD, GBPAUD or EURAUD?

Anyway, the Support's answer will be: the slippage when the trade has been closed. -:)

Nothing to do about that...

Slippage is not the only factor. The trade was closed by NinjaTrainer on 23:59 and at 00:01 in my broker (pepperstone). This is 2 minutes later. The latency was too high. So I wonder what can Myfxbook do about this.

See screenshots. The one with the loosing GBPAUD is my Autotrade acc.

@jeanluc

Pepperstone/standard account

GBPAUD... i've started a new thread on it - not sure when it will show up :)

i understand that there will be a small amount of delay when mirroring orders, however that delay in combination with the market conditions changing during the close causes quite a big problem...

i wish Ninjatrainer just wouldn't close orders so close to market close... but no way to message/contact him/her/them :)

I agree...

Same problem here with the GBPAUD trade on Friday close. It closed on Monday morning with loss. I am using pepperstone standard. Is it a slippage issue or mirror issue/time issue?

jeanluc posted:
@tephra

Which broker do you use? Is the trade that made a loss on GBPCAD, GBPAUD or EURAUD?

Anyway, the Support's answer will be: the slippage when the trade has been closed. -:)

Nothing to do about that...

I had the dsame problem, is this common? But then again I had one trade that was a loss for Ninjatrader but a profit for me.

The trade that the slippage happened on was GBPAUD.

@Aimak

In fact, slippage is a consequence of latency. But with Ninjia Trainer on GBPAUD and GBPCAD the problem is also about the difference in spreads from Alpari (the Ninjia Trainer's broker) and other brokers, especially between 23:00 and 01:00. Alpari has the very best spreads on GBPAUD and GBPCAD, especially between 23:00 and 01:00 when the spreads grow a lot.

Could also be the spread. Some brokers have a huge spread on those pairs

Support says they will contact ninjatrainer and ask him not to close orders right before market close.. dunno how that will pan out, but it's better than nothing.. hehe

It happened on the 19th as well.. profit, just less than what ninjatrainer achieved...

tephra posted:
Support says they will contact ninjatrainer and ask him not to close orders right before market close.. dunno how that will pan out, but it's better than nothing.. hehe

It happened on the 19th as well.. profit, just less than what ninjatrainer achieved...

@tephra

You are right... it's better than nothing 😁

jeanluc posted:
@Aimak

In fact, slippage is a consequence of latency. But with Ninjia Trainer on GBPAUD and GBPCAD the problem is also about the difference in spreads from Alpari (the Ninjia Trainer's broker) and other brokers, especially between 23:00 and 01:00. Alpari has the very best spreads on GBPAUD and GBPCAD, especially between 23:00 and 01:00 when the spreads grow a lot.

Yes, you are correct. However, I am not talking about slippage, as price change, but latency for the order mirroring. 2 minutes for mirroring a trade is way too much knowing that the usual latency between NY and London is 76 milliseconds (supposing autotrade server is based in London)

There ist something on about Autotrade.
No trades are opend, any serious issues here?

Asia and Ninja trades are not copied. Master has trades and the followers not.

danwe1987 posted:
There ist something on about Autotrade.
No trades are opend, any serious issues here?

Asia and Ninja trades are not copied. Master has trades and the followers not.

I hads the same problem. Support said it maybe that the broker has restrictions as to how many instruments can be traded. They advised to reduce this to you're brokers limit by delecting ones you don't want copied. You can do this by going to Autotrade, click on the settings (cog icon) and then untick the ones you don't want.