Myfxbook Autotrade

togr

Členom od Feb 22, 2011 4573 príspevkov

Apr 27, 2016 at 06:29

Členom od Feb 22, 2011 4573 príspevkov

History is private

thetrademarket

Členom od Mar 13, 2012 11 príspevkov

May 05, 2016 at 12:50

Členom od Mar 13, 2012 11 príspevkov

if i become an AutoTrade provider : how could i know my followers and the exactly (lots) they did ?

forex_trader_29148

Členom od Feb 11, 2011 1768 príspevkov

May 09, 2016 at 20:04 (upravené May 09, 2016 at 20:05)

Členom od Feb 11, 2011 1768 príspevkov

what is the minimum lot size opening when using autotrade .01 or .1 ? as a client

Steliron

Členom od Apr 18, 2013 1 príspevkov

May 10, 2016 at 06:57

Členom od Apr 18, 2013 1 príspevkov

rob559 posted:
what is the minimum lot size opening when using autotrade .01 or .1 ? as a client

Minimum lot size is 0.01

Steliron

forex_trader_29148

Členom od Feb 11, 2011 1768 príspevkov

May 10, 2016 at 14:31

Členom od Feb 11, 2011 1768 príspevkov

thanks..😄

asadovelvin

Členom od May 26, 2015 1 príspevkov

Jul 03, 2016 at 06:15

Členom od May 26, 2015 1 príspevkov

Somebody can answer my question? Has this autotrade custom take profit and stop loss?

Zilvin

unobtaninium

Členom od Nov 18, 2015 2 príspevkov

Jul 08, 2016 at 07:02

Členom od Nov 18, 2015 2 príspevkov

Hi Guys. Ok so I've been running 10x demos since last Nov 2015, testing different signals (combinations of) and different settings on different size accounts with the same sets of providers, and they're going pleasingly well, despite the standard blow-ups and signal removals, the diversified risk seems to be working and thus far they have recovered every drawdown and seem to be accelerating about-to-go-exponential.

http://www.myfxbook.com/members/unobtaninium

http://www.myfxbook.com/members/kevsta

all looking good, and after a long observation and testing phase Im about ready to dip my toes with a small live account. ..so my question, as the demos are on FXCM, can I expect vaguely comparable performance from a live FXCM account with the same signals and settings ? also does anyone know the charge structure with them? it's not made clear on their site or here, from what i see

any previous experience or tips gratefully accepted, thanks in advance..

Na Wha Ah Mean?!!!!!!

forex_trader_338611

Členom od Jun 23, 2016 9 príspevkov

Jul 09, 2016 at 19:37

Členom od Jun 23, 2016 9 príspevkov

unobtaninium posted:
Hi Guys. Ok so I've been running 10x demos since last Nov 2015, testing different signals (combinations of) and different settings on different size accounts with the same sets of providers, and they're going pleasingly well, despite the standard blow-ups and signal removals, the diversified risk seems to be working and thus far they have recovered every drawdown and seem to be accelerating about-to-go-exponential.

http://www.myfxbook.com/members/unobtaninium

http://www.myfxbook.com/members/kevsta

all looking good, and after a long observation and testing phase Im about ready to dip my toes with a small live account. ..so my question, as the demos are on FXCM, can I expect vaguely comparable performance from a live FXCM account with the same signals and settings ? also does anyone know the charge structure with them? it's not made clear on their site or here, from what i see

any previous experience or tips gratefully accepted, thanks in advance..

Since you're asking for advice, I hope this helps:

I took a look at all the links you sent of the ones you're trying to evaluate and none of them are very impressive. There are a lot of things to mention but the very first thing I look for is, where is the equity and balance line. If the equity line is not always above the balance line, it starts making me nervous (I like to sleep at night).

Then I look to see if the system is making any pips. There are a lot of systems that keep placing larger and larger lots in order to close a losing basket for net profit and that, simply, is dangerous and irresponsible. That method will surely blow your account if you let it run long enough.

I personally wouldn't use an EA that is placing multiple orders with multiple loss. Why not look to make the best entry possible with 1 trade. Then, if you need to hedge, place a second order in the same pair, but that's it, no more.

Take for example the EA on my profile and point out what is wrong with it. Anyone with any experience blowing accounts wouldn't be able to point out anything that is considered dangerous or senseless. I myself, have several experiences blowing accounts and I've learned a lot about what (not) to do. I hope this helps.

unobtaninium

Členom od Nov 18, 2015 2 príspevkov

Jul 13, 2016 at 10:10

Členom od Nov 18, 2015 2 príspevkov

BV350IE posted:
unobtaninium posted:
Hi Guys. Ok so I've been running 10x demos since last Nov 2015, testing different signals (combinations of) and different settings on different size accounts with the same sets of providers, and they're going pleasingly well, despite the standard blow-ups and signal removals, the diversified risk seems to be working and thus far they have recovered every drawdown and seem to be accelerating about-to-go-exponential.

http://www.myfxbook.com/members/unobtaninium

http://www.myfxbook.com/members/kevsta

all looking good, and after a long observation and testing phase Im about ready to dip my toes with a small live account. ..so my question, as the demos are on FXCM, can I expect vaguely comparable performance from a live FXCM account with the same signals and settings ? also does anyone know the charge structure with them? it's not made clear on their site or here, from what i see

any previous experience or tips gratefully accepted, thanks in advance..

Since you're asking for advice, I hope this helps:

I took a look at all the links you sent of the ones you're trying to evaluate and none of them are very impressive. There are a lot of things to mention but the very first thing I look for is, where is the equity and balance line. If the equity line is not always above the balance line, it starts making me nervous (I like to sleep at night).

Then I look to see if the system is making any pips. There are a lot of systems that keep placing larger and larger lots in order to close a losing basket for net profit and that, simply, is dangerous and irresponsible. That method will surely blow your account if you let it run long enough.

I personally wouldn't use an EA that is placing multiple orders with multiple loss. Why not look to make the best entry possible with 1 trade. Then, if you need to hedge, place a second order in the same pair, but that's it, no more.

Take for example the EA on my profile and point out what is wrong with it. Anyone with any experience blowing accounts wouldn't be able to point out anything that is considered dangerous or senseless. I myself, have several experiences blowing accounts and I've learned a lot about what (not) to do. I hope this helps.

hey. thanks for your response. I understand the risks, but let's assume I have done my own risk assessment and the test account is small and spare money I wont miss, and that I want to go ahead anyway, I suppose what Im asking is:

if I were to start a live account and another demo simultaneously, at the same broker, (FXCM) and at the same size and settings, how much different would the figures be on the real, and the demo?

it would be great if somebody had already done that :) otherwise it will probably be me does it first..

Na Wha Ah Mean?!!!!!!

andyjen

Členom od Sep 01, 2016 16 príspevkov

Sep 08, 2016 at 15:15

Členom od Sep 01, 2016 16 príspevkov

Hi Guys

Just bumping this topic

Anyone successfully using tradecopy on live account?

My demo results are great, just wondered what to expect swapping to live

DANfx77

Členom od Aug 15, 2013 2 príspevkov

Sep 12, 2016 at 08:29 (upravené Sep 12, 2016 at 08:45)

Členom od Aug 15, 2013 2 príspevkov

Well, just readed some old posts, providers that cashes, then desappear... it seems just like zulu, we'll see.
Btw I do not understand why if I decrease size multiplier, minimal account increase ! - ?????? -😄

deadmw77@

andyjen

Členom od Sep 01, 2016 16 príspevkov

Sep 12, 2016 at 08:53

Členom od Sep 01, 2016 16 príspevkov

Hi

I notice same regarding the multiplier. I think it calculates wrongly

If you increase multiplier, account margin requirement goes down ?!?

Staff

Členom od Jul 31, 2009 1418 príspevkov

Sep 12, 2016 at 08:59

Členom od Jul 31, 2009 1418 príspevkov

It is not an issue. When reducing multiplier, it means your lot size will be decreased. When the calculation reaches a point where a lot size cannot be broken down into smaller pieces (the minimum lot size is 0.01 lots), the only way to offset the risk to the required factor is by increasing balance.

Please check the multiplier formula here: http://www.myfxbook.com/autotrade/help#help_9

If you have any questions please feel free contact us at [email protected] or using the form here: http://www.myfxbook.com/contact

Thanks,
Ethan,
Myfxbook support.

DANfx77

Členom od Aug 15, 2013 2 príspevkov

Sep 12, 2016 at 10:48

Členom od Aug 15, 2013 2 príspevkov

Thanks to You! 😄

deadmw77@

andyjen

Členom od Sep 01, 2016 16 príspevkov

Sep 12, 2016 at 12:43

Členom od Sep 01, 2016 16 príspevkov

The problem is i think the calculator is faulty.

To make the risk in $ go down, I have to increase the multiplier.

e.g. risk in $ is HIGHER when I have 0.5 than when I have multiplier set at 1.5

Aimak

Členom od Nov 30, 2009 135 príspevkov

Sep 12, 2016 at 14:29

Členom od Nov 30, 2009 135 príspevkov

Ethan, I noticed that when a provider account is paused the risk indicator in my autotrade account is not updated accordingly. Is this an error? The risk indicator only updates when the provider account is deleted from my autotrade account. Thanks.

exquisite entries with calculated exits

drago

Členom od May 11, 2011 65 príspevkov

Sep 12, 2016 at 22:17

Členom od May 11, 2011 65 príspevkov

Hi Ethan,

I have some questions:
- in which broker the markup is the smallest for using the autotrade
- are the signal provider/trader really interested in making profit for the participants or are the only interested in making volume trading to profit from the rebates
- can I somehow seen the real profit simulation, if I am using a given broker

Thank you

ForexMechanism

Členom od Jun 03, 2015 8 príspevkov

Dec 13, 2016 at 08:13

Členom od Jun 03, 2015 8 príspevkov

Hi All,

I want to know if anyone has made decent profits from Autotrade system.

Few Questions:-

Which broker ?
How much did u invest initially ?
Which autotrade signal providers and Risk settings?
How much is the slippage ?
Trades copying quality for trade duration less than 4-5 minutes ?

Any more suggestions ?

I have made up my mind to open an account with Autotrade. Just need some further suggestions. U can message me or write on this forum as well for other as well.

Trade for Life

togr

Členom od Feb 22, 2011 4573 príspevkov

Dec 13, 2016 at 08:17

Členom od Feb 22, 2011 4573 príspevkov

I did with this portfolio
https://www.myfxbook.com/members/togr/brest/1760977

EURUSD	1.13249	GBPUSD	1.33561	AUDUSD	0.64576
USDJPY	143.102	USDCAD	1.38159	USDCHF	0.82483

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