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compuforexpamm
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compuforexpamm
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MIDAS6
em
Sistemas de Negociação
Feb 18, 2010 at 23:28
Hi MIDASUser,Nice results.........I will be watching this one with interest.I agree that it is nice to see a vendor putting their product up and and also on a real account. It speaks volumes for your system and effort. That said, and to answer Steve's question, your system has characteristics of a martingdale type of system which would explain the the profits with a negative pip value. Correct me if I am wrong............The idea of a money back guarantee is nice, but a statement so that we can assess the effect of that 700 pips drawdown and the consequent lot escalation would be even nice...
Manage multiple accounts with EA trading
em
Negociantes Experientes
Feb 12, 2010 at 17:46
Wallace,There are several brokers that have a system that allows you to trade multiple accounts through a master MT4 account. Ask them about their money manager products.The multi-terminal does not support EA's but it is nice for keeping tabs on multiple accounts. Your broker needs to support the PAMM/MAM system. Forex.com has such a system....Alpari(Rus) has such a system although I don't think Alpari(UK) has quite caught up yet.
Means for managing/adding/closing trades
em
Caixa de Sugestões
Feb 07, 2010 at 13:03
Actually you don't need a smartphone or anything like that, you can access your computer through the internet using this software.
Means for managing/adding/closing trades
em
Caixa de Sugestões
Feb 07, 2010 at 11:44
A somewhat cynical viewpoint......I would never operate without a VPS, but each to their own.Next best would be to get software that turns your computer into your own VPS......look at www.rdmplus.com
Means for managing/adding/closing trades
em
Caixa de Sugestões
Feb 07, 2010 at 11:27
Why don't you just pay $180 per year for a VPS and you can log directly into your trading platform from any computer anywhere in the world, including from your work?
One Page PDF Summary
em
Caixa de Sugestões
Feb 03, 2010 at 11:09
I think this would be nice, but would also like to add the following to the wishlist :-1. It would be nice if the growth chart(or balance) could be added to the report as a picture speaks a thousand words.2. It would also be useful if the reults could be added below the chart and all of this located at the front of the report, with an option to print out all the trades. At present, my results appear at the end of a 44 page list of trades.Thanks
Compuforex 2
em
Sistemas de Negociação
Jan 07, 2010 at 07:29
Hi there,Yup, my intention is to offer retail level managed account service starting from $3000. This particular account is my personal trading account. Feel free to check out the managed account here :-http://www.myfxbook.com/portfolio/compuforex-mam/5445This is still early days and I am just building up the track record. I am not even sure that I am going to go down this route in a big way but given the fact that I do get requests from time to time, I have started putting the building blocks in place.
Tick Database
em
Geral
Jan 06, 2010 at 10:51
Uhmmmm......Yeah, I think that is the point of having good data to begin with.Elkart, despite the cynism of your post, you do make a good point albeit unintentionally, I suspect.There is far more to backtesting than hitting the start button on the tester.......and this is one of the reasons that most people fail in Automated Trading. They think cos they can run a backtest, they are suddenly an expert🙄If you want to get ahead, you cannot say that backtesting is useless......first you need to know what you are doing, understand what the limitations of the backtester are and then find way...
Tick Database
em
Geral
Jan 06, 2010 at 08:20
With good quality tick data, you can achieve 99% backtest modelling quality. At present MT4 can only achieve 90% because you cannot get below the M1 bar level......MT4 mathematically interpolates the numbers below this level which leads to inaccurate testing, especially with scalpers.
EURUSD
em
Sistemas de Negociação
Oct 11, 2009 at 11:55
stephanus, try http://www.myfxbook.com/help or click on the link at the bottom of the page.
Alpari Demo Managed Account
em
Sistemas de Negociação
Oct 11, 2009 at 10:37
Well said!😀
PAMM Account
em
Sistemas de Negociação
Oct 11, 2009 at 04:09
Actually, stephanus, I stand by me previous statements and have nothing further to add.
flaw in charts - we need pips growth not equity
em
Caixa de Sugestões
Oct 07, 2009 at 14:28
ubernova,If you are referring to martigale type strategies, then we may be in agreement. I look at these types of strategies with suspicious interest. I wouldn't throw them out the window but I haven't found one I trust sufficiently to trade live with.That said, if your idea of good money management is fixed lot sizes then you have more to learn than what you think.Many EA's use good, solid and more sophisticated money management than you could do as a manual trader, and there is nothing fraudulent about that.I find it interesting that you say EA's don't work........I use o...
FXCM
em
Brokers
Sep 27, 2009 at 15:59
I have also used FXCM and have ditched them.........I have to agree with Jerome, their customer service is first class. Had a guy phone me from their local branch and he managed to help me with any and all technical issues that I had. Deposit and withdrawal was accomplished without a hitch at an acceptable pace.Unfortunately, technically they don't seem to have aced the transition to the Boston Tech liquidity bridge. Their trade execution was slow and this is no good for scalping. There are many requotes but this is also due to a technical deficiency where virtually any error was reflected...
hiding the open trades
em
Caixa de Sugestões
Sep 27, 2009 at 11:41
Your statement is a clear oxymoron...........clear proof and may? We have had this discussion before on this site..........and as biz0101 said, you can compare the equity with the balance and decide on the drawdown. I prefer to keep my strategy private and I do not like to reveal my open trades for this reason. A potential investor has all the information he needs to judge the performance of my system.......he does not need to know or understand the strategy and therefore does not need to know the open trades or trade history.Furthermore, I don't care if people don't flock to my system...
Alpari UK
em
Brokers
Sep 26, 2009 at 07:01
I used Alpari for a while. They are not suitable for scalping the Asian session and that is why I left. It is easy to open an account with them, they process your deposit quickly and they refund your funds quickly enough as well. They allow microlots(0.01) and offer good leverage.I have yet to see a broker that does not widen spreads during the Asian session, so I cannot fault them for this. I have learnt the hard way thay scalping is an ECN/STP game and it takes an exceptional strategy to succeed at a market maker. This is a trading fundamental rather than a shortcoming with Alpari.Given the ...
flaw in charts - we need pips growth not equity
em
Caixa de Sugestões
Sep 26, 2009 at 06:44
I disagree.......I believe there is no correlation between equity growth and pips growth that proves(or disproves) sensible trading. Many systems use variable lotsizes based on probablilty and any time you have various lotsizes, you are going to have disparity between equity and pips.....in fact the bigger this disparity, the better your money management!The best chart will be one that shows balance vs free equity(ie balance - drawdown - margin). I can tell everything I need to know from a system by looking at such a chart. The chart needs to be drawn on a time basis rather than a trade by tra...
Broker ratings
em
Caixa de Sugestões
Sep 19, 2009 at 04:24
Hi there,Just been browsing the broker section.........good idea, but based on several review sites, I think there are a couple of things that you need to do to maintain integrity.Here are some things I would like to see :-1. More aspects being rated such as quality of fills ie slippage/requotes/speed of execution;2. An assesment of honesty. As an example, FXCM proclaim that typical spread on the EURGBP is 2.4 pips, but when I charted their spreads over 24 hours, they are more like 3.3. This is dishonest IMHO;3. Minimum and maximum scoring should only be allowed by people that have live traded...
4xcb1.5xdown
em
Sistemas de Negociação
Sep 19, 2009 at 03:49
Tazca,Nice result.......I just hope it doesn't bite you and I think you know what I mean.More importantly, are you using the ECN offering from FXOpen and how have you found them to be as a broker?
obchodujeme
em
Sistemas de Negociação
Sep 17, 2009 at 11:20
robertbuttst,Brilliant......I almost fell off my chair when I saw your comment!<img src='http://static.myfxbook.com/images/smiley-grin.png' alt='<img src='http://static.myfxbook.com/images/smiley-grin.png' alt='😀'/>'/>stephAnusR has had plenty to say on my system discussion and he has 3 times made blatantly inaccurate statments, and despite my clearly pointing out his errors, has not had the decency to admit that he was wrong and apologise. It is ironic that he talks about con artists and abusing of this platform.........perhaps time for the ...
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