Discussion Best Forex Signal Provider Granitico (431)

jarod_net posted:
No the DD it was ever update it.

L3CAP posted:
@jarod_net Nice performance!

Can you clarify if this is an XM cent account (micro) or if it a standard account?

Thanks

togr posted:
It is martingale with trade size based on Fibonacci.
It has low DD because during DD account stats are not updated.

Arcferreira posted:

togr posted:
It is martingale with trade size based on Fibonacci.
It has low DD because during DD account stats are not updated.

OK, so you are saying that the DD is not correct, and the trader can fraud the comm between broker and MyfxBook?
So, If I trade 4 years and list my account at MyFxbook, it will not read the DD correctly???
I don´t think this is possible. Ok, maybe during the day we can have higher DD, but at the end of the day the MyFxBook system will calculate the DD based in the close price.

ovisun posted:
@togr
You are right about DD, can be hidden if account is not updated, but in this case, I do not believe he watched so closely the account for the last 4 years and stopped the update process every time when the DD was bigger than what it is showed here, I don't think this would be possible

togr posted:

ovisun posted:
@togr
You are right about DD, can be hidden if account is not updated, but in this case, I do not believe he watched so closely the account for the last 4 years and stopped the update process every time when the DD was bigger than what it is showed here, I don't think this would be possible

So how would you explain account is sometimes not updated for like 20 hours and sometimes every couple of minutes.
Fair provider simply put an MFB EA to report data every xxx minutes and dont touch it

ovisun posted:

togr posted:

ovisun posted:
@togr
You are right about DD, can be hidden if account is not updated, but in this case, I do not believe he watched so closely the account for the last 4 years and stopped the update process every time when the DD was bigger than what it is showed here, I don't think this would be possible

So how would you explain account is sometimes not updated for like 20 hours and sometimes every couple of minutes.
Fair provider simply put an MFB EA to report data every xxx minutes and dont touch it

I don't know, you could be right, still for me to do this for the last 4 years seems a little bit too much

Arcferreira posted:
I am using this signal since August.

1) Correct, it is a hedging (or grid or Martingale). It use XM micro account to trade nanolots.
2) The account size is big (10.000 Euro). Trading nanolots is the same you have a 1.000.000 Euro account and trade microlots. So the chance to wipe out account is very low indeed.
3) Because my account is in the same broker (XM), I don´t see any difference between trades.
4) The drawdown since August is very low... under 1%. I can´t say in the last 4 years. But after six month I will update here.

Since I am getting good results, I will keep it running. I am using a 20% DD SL, that close all trades. The historical DD is 13%.
For me 4% monthly is excellent.

By the way thanks for the advice.