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AlgoTradeSoft | Innovative EA | FXCM (Genom AlgoTradeSoft )

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AlgoTradeSoft | Innovative EA | FXCM Diskussion

Pier (Piercarlo)
Sep 10 2017 at 07:14
1 inlägg
Buonasera,
Vorrei avere altre informazioni circa l'utilizzo del vostro EA.
Modalità di funzionamento, costi mensili per la licenza, impostazioni per il rischio, ecc
JohnSwink
Sep 10 2017 at 22:08
7 inlägg
Mr. Piercarlo,

I am sorry I do not speak Italian. I am interested in trading with your trading algorithm. I received this notice through MyFXbook, but I did not see this auto trading system in their vetted list.
    1. Does it go by another name?
    2. Can I trade with it in my USA MT4 account?
    3. What are your fees for using it?

Thank you for your kind attention to this.

John Swink
[email protected]
AlgoTradeSoft (AlgoTradeSoft)
Sep 11 2017 at 08:42
23 inlägg
Hi, Guys

Please write to [email protected]
Cut your losses short and let your profits run
l ibrahimi (paris_7474)
Sep 12 2017 at 07:27
3 inlägg
when i must enter and how to get profit ?
l ibrahimi (paris_7474)
Sep 12 2017 at 07:28
3 inlägg
😄 can you guid me with your group to help me gain money ,,,thanks
AlgoTradeSoft (AlgoTradeSoft)
Sep 12 2017 at 12:30
23 inlägg
Hi,

For more effective communication please write to [email protected]
Cut your losses short and let your profits run
Rafael (Rafael)
Dec 12 2017 at 09:04
55 inlägg
Hi! Not bad results. Dd is very low. Can you explain how your mm settings works?
Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes.
AlgoTradeSoft (AlgoTradeSoft)
Dec 12 2017 at 14:08
23 inlägg
Hi,

For more effective communication please write to [email protected]
Cut your losses short and let your profits run
wongsinyin
Dec 18 2017 at 14:46
1 inlägg
Hi Sir,

I am interested with your ea and would like to follow it.

please guide me what i supposed to do in next step?

Thanks
Wong Sin Yin
AlgoTradeSoft (AlgoTradeSoft)
Dec 19 2017 at 11:02
23 inlägg
Hi, Wong Sin

We can cooperate. Please write to [email protected]

Regards, Sergey
Cut your losses short and let your profits run
knockroe
Jan 02 2018 at 18:06
20 inlägg
ATS results are difficult to see clearly as the broker FXCM takes the full commission of 4$/lot traded as a withdrawal.
So if you use the custom analysis in Myfxbook for the last 3 months you will see that the withdrawal is > 2 times the profit. I.e your account balance is dropping fast.

Unless you have a deposit of $250,000 with FXCM you cannot get a commission cost of < $8 / lot with this or other brokers. Therefore this System cannot make money for most traders. ATS has big money with this broker over many accounts and is getting the very lowest commission rate but he is loosing money for the past 3 months!

Also look at the balance from sept 2016 to July 2017 and estimatie your result with double or even $5 commission costs!
He should be using a different EA method to upload his trading results to Myfxbook but that would show a much less attractive result.
knockroe
Jan 02 2018 at 18:08
20 inlägg

https://www.myfxbook.com/files/knockroe/904C4C58D98B42ABA8012B9F29E7E615.jpeg

Bilagor:

JohnSwink
Jan 04 2018 at 20:31
7 inlägg
Are there any retail traders making money in this system?
knockroe
Jan 05 2018 at 00:23
20 inlägg
I don't know but if they are they are on = or <$4/ lot traded according to what I can see from the data analysis shown on Myfxbook
knockroe
Jan 05 2018 at 00:25
20 inlägg
The spread would also need to be close to 0.01 pip most of the time.
InvestorFX2
Jan 05 2018 at 18:55
20 inlägg
Hi, I am a retail trader. I purchased the Onnovative EA last year, had it setup by a trading expert colleague on a good VPS running small accounts on ten different brokers. All lost money. Trading costs exceeded tiny profits on most trades.
JohnSwink
Jan 05 2018 at 23:36
7 inlägg
What months did you trade? I noticed that this system made almost no profit in Nov-Dec 2017. My other accounts lost money. Did you use it in the months where Innovative EA showed significant profits?

Also, you said you purchased the software. I saw it for sale for $30,000. That is obviously for institutional traders. Is there a retail version of it?
InvestorFX2
Jan 05 2018 at 23:52
20 inlägg
It was trading around Jul-Aug 16 and it was tried on Atom8, Darwinex, Global Prime, LMAX, ADS, Aura, Axitrader, Finotec and others I cannot remember. And yes I paid too much for it, big mistake!
SCR Traders (Pikasso)
Jan 07 2018 at 07:00
174 inlägg
Amazing performance! Good job! But I think that broker must provide you very fast execution without slippage and low spread to let you eat the cake.
Trading system developers and strategy providers.
JohnSwink
Jan 07 2018 at 12:32
7 inlägg
Thank you all for the good advice. I am a US trader and cannot use FXCM. I trade with Forex.com, which has no commissions, but from what I am reading above, I would be eaten alive on the spreads, which average 2 - 3 pips. Closer spreads are only given on their institutional accounts. I have also traded with OANDA, which has slightly lower spreads. But neither broker trades in MyFXbook. I am also somewhat limited because I am trading in a Roth IRA, which requires a custodian for my accounts.


Innovative EA does not sound like a good fit for retail traders like me.
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