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My Experience so far with Forex and EAs
v
Zkušení obchodníci
Sep 02, 2015 at 11:52
I am looking at Xaroon EA on a demo account, as I'm far too afraid to be trading a Martingale system on a real account ;-) Won't it blow up in the end? But maybe you can convince me - so can you tell me what settings you are using on your EA? (Lots? vs account size, TP?, SL? , any trailing stops perhaps?). Since possibly these settings, might produce better results than the "coin-tossing Martingale game"? Thanks in advance
My Experience so far with Forex and EAs
v
Zkušení obchodníci
Sep 02, 2015 at 11:36
Interesting to see your results. I know the coin-flipping Martingale system is fundamentally a no-go (you would need vast resources, see Wiki for the maths or Investopedia here http://bit.ly/1Urfcj1 ) ... ... but still... somehow your account grew err... "considerably?" :-) Well done, very nice. Perhaps your Xaroon EA uses some other settings that influence the outcome ?I am way too afraid to put real money on the line, but I will run a demo on Xaroon. Could you tell me what settings (lots, TP target, SL target, multiplier-factor, trailing yes/no) you applied on this particular EA? S...
Question on reporting commissions
v
Obecné
Aug 27, 2015 at 12:51
In my history it is indeed one line per commission charged (round turn = 2 lines). So I guess I am indeed f*ck*d. Since I guess at that point the fingerpointing between MT4 and the brokers starts : "you did it wrong! No - you did it wrong!" - leaving customers with the stupid end result :-( It's a dismal service to customers: "we brokers of this great Fx world got a great trading platform for you", and many are using it, but neither brokers nor MT4 can step up to the plate to take their responsibility in such a matter. I would not be able to run my business with such ...
Question on reporting commissions
v
Obecné
Aug 27, 2015 at 08:58
Thanks for your reply. I contacted FXCM about it. They told me, this is a known issue with MT4 and should be solved within MT4 itself. Would that be something being taken care of, as far as you know? By now my FxBook stats look like these: due to the deduction of all commissions from my initial "Deposit" amount, my profit is said to be 32%, whereas in reality it is "only" 16%. The former % will only increase to BALLISTIC figures once more and more commissions are being deducted. That by itself makes the MT4 reporting totally useless, nor should I be able to be using MyFxBoo...
Question on reporting commissions
v
Obecné
Aug 26, 2015 at 21:09
Hi there,I'm new to MyFxBook. Maybe you can help me out on this one.I hooked up an account to my MetaTrader4 - works just fine. I am trading with FXCM on commission.When looking at the performance reports, I noticed that :- the reported gain is the GROSS gain BEFORE commissions- so is the %Gain- whereas the commissions are being reported as "withdrawal". This screws up many of the reports/charts. Instead, I would want to see profits as NET profits. Am I doing something wrong here? Should I perhaps be changing some setting on my MetaTrader4? (Since I suspect this has to do with t...
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