Oanda- Changing account "Start date" vote results
Diskusija
Mar 02, 2010 at 19:08
1,944 Views
8 Replies
Biedrs kopš
7 ieraksti
Mar 02, 2010 at 19:08
HI there,
I changed my strategy about a week ago, and I was just wondering if you are going to add the functionality to decide when to start analysis on an Oanda account??
I don't want to open another sub account just to start fresh analysis of my new strategy.
It would be nice to just be able to pick the start day of the account.
I realize I can do this through the custom analysis feature, but I want a 'Fresh start' for my entire account.
So as to disregard my precious strategy results.
Is the only way to do this to open another sub account??
Im reluctant to do this because I already have 8 sub accounts, and Oanda must be wondering wtf. lol
Please let me know if you're implementing such a feature.
Thanks
Kyle
I changed my strategy about a week ago, and I was just wondering if you are going to add the functionality to decide when to start analysis on an Oanda account??
I don't want to open another sub account just to start fresh analysis of my new strategy.
It would be nice to just be able to pick the start day of the account.
I realize I can do this through the custom analysis feature, but I want a 'Fresh start' for my entire account.
So as to disregard my precious strategy results.
Is the only way to do this to open another sub account??
Im reluctant to do this because I already have 8 sub accounts, and Oanda must be wondering wtf. lol
Please let me know if you're implementing such a feature.
Thanks
Kyle
Quitters Never Win, Winners Never Quit
Biedrs kopš
1444 ieraksti
Mar 02, 2010 at 19:45
Kyle, this is a feature that was already added some time ago and called a custom start date (pin button next to the dates).
Please refer here: https://www.myfxbook.com/help#help_17
Please refer here: https://www.myfxbook.com/help#help_17
Biedrs kopš
7 ieraksti
Mar 02, 2010 at 22:07
Ok.....well I guess that works.
But its not quite what I had in mind.
Only the chart started fresh.
But the account balance, and PL% was still showing -17%.
The feature I would love to see is to have the whole account 'reset' the new point.
So the current balance at the start of the new pin date, will be the starting balance, and the PL% will be reset to zero, and start counting from that point on.
Know what I mean??
So its as if its a brand new account.
But oh well....for now, I guess Ill just open another sub-account at Oanda.
Hopefully this feature can be added soon, if its even possible. (might not be, due to how you calculate things)
Thanks
But its not quite what I had in mind.
Only the chart started fresh.
But the account balance, and PL% was still showing -17%.
The feature I would love to see is to have the whole account 'reset' the new point.
So the current balance at the start of the new pin date, will be the starting balance, and the PL% will be reset to zero, and start counting from that point on.
Know what I mean??
So its as if its a brand new account.
But oh well....for now, I guess Ill just open another sub-account at Oanda.
Hopefully this feature can be added soon, if its even possible. (might not be, due to how you calculate things)
Thanks
Quitters Never Win, Winners Never Quit
Biedrs kopš
1444 ieraksti
Mar 02, 2010 at 22:37
Kyle, we're currently working to resolve it, since the behavior should be as you've described with minor changes:
Once a custom start date is set, our system goes back in history to find the last deposit/withdrawal balance on which the return is calculated from. Also, all of the statistics are recalculated in real-time to reflect the custom start.
Thanks for spotting and reporting it.
Once a custom start date is set, our system goes back in history to find the last deposit/withdrawal balance on which the return is calculated from. Also, all of the statistics are recalculated in real-time to reflect the custom start.
Thanks for spotting and reporting it.
Biedrs kopš
1444 ieraksti
Mar 02, 2010 at 23:04
Quick update - we've found the issue and it will be resolved first thing tomorrow morning.
Thanks.
Thanks.
Biedrs kopš
1444 ieraksti
Mar 03, 2010 at 08:19
We've made the necessary changes, so it should be working fine now.
Biedrs kopš
3 ieraksti
Mar 06, 2010 at 13:15
I think my issue can fit in this suggestion box, since I wish exactly the same, but with a MT4 account;
I have a real account, and want to analyse from a determined date, when I changed strategy/method... and can't just open another real account.
Quoting Kyle K:
For now, putting the pin date that I want, it shows me strange results, for example;
- My gain & abs gain show a positive percentage, but should be more than the double of that, if the balance at the start of the pin date was considered the new starting balance... however, if it would be wrongly considering the initial deposit of the account, than it should show a negative percentage - so I don't even know from where it gets those results from;
- In the stat column, balance & equity are right, but it shows the 'highest' as been exactly the double of the current balance & equity... a value that was never reached.
Thank you for feedback.
I have a real account, and want to analyse from a determined date, when I changed strategy/method... and can't just open another real account.
Quoting Kyle K:
Holoverse posted:
The feature I would love to see is to have the whole account 'reset' the new point.
So the current balance at the start of the new pin date, will be the starting balance, and the PL% will be reset to zero, and start counting from that point on.
Know what I mean??
So its as if its a brand new account.
For now, putting the pin date that I want, it shows me strange results, for example;
- My gain & abs gain show a positive percentage, but should be more than the double of that, if the balance at the start of the pin date was considered the new starting balance... however, if it would be wrongly considering the initial deposit of the account, than it should show a negative percentage - so I don't even know from where it gets those results from;
- In the stat column, balance & equity are right, but it shows the 'highest' as been exactly the double of the current balance & equity... a value that was never reached.
Thank you for feedback.
Biedrs kopš
1444 ieraksti
Mar 06, 2010 at 18:05
tonirai, the custom start date feature acts as a zoom-in function on your account's growth; it doesn't change the values on which the gains are based on, ie deposits.
Think of it as removing all of the trades before the custom start from the statistics.
The issue you've reported was just fixed.
Think of it as removing all of the trades before the custom start from the statistics.
The issue you've reported was just fixed.
Biedrs kopš
3 ieraksti
Mar 06, 2010 at 18:47
I understand what you mean... and reading again this part of one of your previous posts made it clear:
But let me give an opinion:
This penalizes real account traders.
- Demo account traders will most certainly open another demo account when they change strategy;
- Real account traders won't do that, and most certainly won't even refund the account (unless they've blown it)... they will start working on the new strategy with the current account's balance.
So it would be great if the real account traders could see the results (gains) based on the balance available at the start of the new pin date.
It shouldn't be very hard (just looking at the balance at the end of the last trade closed before the chosen pin date, should do it).
Even if some sort of disclaimer should be added, like 'account/balance has been reseted at the user's chosen pin date'.
Or even if this would be a feature only available to real accounts holders.
(Because that's the all point of choosing a pin date - to check the gain and evolution from that point on... meaning based on the money we have available at that point 😄)
Staff posted: Once a custom start date is set, our system goes back in history to find the last deposit/withdrawal balance on which the return is calculated from. Also, all of the statistics are recalculated in real-time to reflect the custom start.
But let me give an opinion:
This penalizes real account traders.
- Demo account traders will most certainly open another demo account when they change strategy;
- Real account traders won't do that, and most certainly won't even refund the account (unless they've blown it)... they will start working on the new strategy with the current account's balance.
So it would be great if the real account traders could see the results (gains) based on the balance available at the start of the new pin date.
It shouldn't be very hard (just looking at the balance at the end of the last trade closed before the chosen pin date, should do it).
Even if some sort of disclaimer should be added, like 'account/balance has been reseted at the user's chosen pin date'.
Or even if this would be a feature only available to real accounts holders.
(Because that's the all point of choosing a pin date - to check the gain and evolution from that point on... meaning based on the money we have available at that point 😄)
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