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  • #10,901
  • Sep 18, 2022 10:18pm Sep 18, 2022 10:18pm
Quoting MwlRCT
{quote} Pls study this image may help = {image}
yes, the EA works in that way.

channel 1,2,3 4 like that.

thanks.

Even stop losses are copied
Intraday only.
  • #10,902
  • Sep 19, 2022 1:37am Sep 19, 2022 1:37am
Has anyone tried Autoproptrader yet? Interested to hear the feedback.

Cheers all
maahome
  • #10,903
  • Sep 19, 2022 1:37am Sep 19, 2022 1:37am
There are a lot of bitter losers circulating the prop firm channels right now after CPI. Apparently FTMO is in cahoots with e8funding to scam the best traders in the world out of their 800 bucks.
  • #10,904
  • Sep 19, 2022 2:16am Sep 19, 2022 2:16am
Quoting Takisd
There are a lot of bitter losers circulating the prop firm channels right now after CPI. Apparently FTMO is in cahoots with e8funding to scam the best traders in the world out of their 800 bucks.
I hope to read more comments from the guy last week who put on a 160x levered position a few minutes before CPI and went to take a shower to come back to see that MFF scammed him out of his sure bet.
  • #10,905
  • Sep 19, 2022 2:40am Sep 19, 2022 2:40am
Quoting muir
{quote} I hope to read more comments from the guy last week who put on a 160x levered position a few minutes before CPI and went to take a shower to come back to see that MFF scammed him out of his sure bet.
160x leverage with MFF ? I thought it is not possible to get more leverage than 100:1 at MFF. And did you want to say they cancelled his successful CPI news trade ?
  • #10,906
  • Sep 19, 2022 3:15am Sep 19, 2022 3:15am
Quoting TrAndy1
{quote} 160x leverage with MFF ? I thought it is not possible to get more leverage than 100:1 at MFF. And did you want to say they cancelled his successful CPI news trade ?
He had a 300k account, the daily dd is 5%, so he had 15k to total ruin and put on a 25 lot trade. Even if you count the total dd of 12% it's still 2500k/36k so 69x levered but it's a bad calculation because you only have 15k/day to lose. And I'm fairly certain he never spent a second to think what would happen if price moves the other way.
  • #10,907
  • Sep 19, 2022 3:20am Sep 19, 2022 3:20am
Quoting muir
{quote} He had a 300k account, the daily dd is 5%, so he had 15k to total ruin and put on a 25 lot trade. Even if you count the total dd of 12% it's still 2500k/36k so 69x levered but it's a bad calculation because you only have 15k/day to lose. And I'm fairly certain he never spent a second to think what would happen if price moves the other way.
Understood, did they cancel his news trade then because it was such successful or what happened to him then? If he is news trader and making bet, why not trading it?
  • #10,908
  • Sep 19, 2022 3:34am Sep 19, 2022 3:34am
Quoting TrAndy1
{quote} Understood, did they cancel his news trade then because it was such successful or what happened to him then? If he is news trader and making bet, why not trading it?
Honestly, I haven't read his posts fully because I lost interest when I saw the leverage he used. It's a few pages back from last week with charts and tos tables and all.
  • #10,909
  • Sep 19, 2022 12:53pm Sep 19, 2022 12:53pm
I finally decided to go for the MyForexFunds challenge. Following my first experience and observations:

- As I don't use MT all of my trades need to be copied via Dupliklium. As opposed to TFF and E8 (where everything was super easy to set up), MFF just didn't work automatically and I had to manually set mapping of the US500 symbol (which only I trade). Strange. I assumed Duplikium would do that automatically as it did with the other prop accounts. Even after the manual mapping, SL/TP orders were not copied at all, only market orders. It's a Duplikium issue (not MFF) and I needed their support to help me go around it. After everything was setup correctly, I switched off copying of the SL/TP anyways as it wasn't reliable. So just for you to know, if you plan to use Duplikium with MFF.

- Initially, there seemed to be quite significant latency followed by a slippage but it might have been caused by a higher lots I opened (60) during EU session, ie. with possibly too low liquidity available. Later on it seemed improved a bit but still I would rate it as much worse execution than what I'm used to get with both TFF and E8. On the other hand - the cost is lower which compensated for the slippage.

- The dashboard design is by far the worst of the three (MFF, TFF and E8, but it's my subjective opinion). At least it seems to be reliable - unlike TFF which looks much better but actually freezes every day so you never know if the data shown is valid at all.

That's it for now. I passed the eval and now need to wait and trade micro lots for a couple more days to move to verification. Let's see how it goes then.
Money is made by sitting, not trading
  • #10,910
  • Sep 19, 2022 2:25pm Sep 19, 2022 2:25pm
Quoting Vitore
I finally decided to go for the MyForexFunds challenge. Following my first experience and observations: - As I don't use MT all of my trades need to be copied via Dupliklium. As opposed to TFF and E8 (where everything was super easy to set up), MFF just didn't work automatically and I had to manually set mapping of the US500 symbol (which only I trade). Strange. I assumed Duplikium would do that automatically as it did with the other prop accounts. Even after the manual mapping, SL/TP orders were not copied at all, only market orders. It's a Duplikium...
Check where you are connecting to the server with Duplikium. Sometimes due to the number of people trading at MFF you can get routed to a further away server and it creates latency. Most days I have to check to make sure i am at the closest possible DC.
  • #10,911
  • Sep 19, 2022 2:55pm Sep 19, 2022 2:55pm
Quoting Takisd
{quote} Check where you are connecting to the server with Duplikium. Sometimes due to the number of people trading at MFF you can get routed to a further away server and it creates latency. Most days I have to check to make sure i am at the closest possible DC.
Thanks for the hint! I was connected to NY while MFF servers as well as my ICM cTrader servers are in LD. Changed it to LD and will see the impact but it should definitely help
Money is made by sitting, not trading
  • #10,912
  • Sep 20, 2022 2:36am Sep 20, 2022 2:36am
Quoting Vitore
{quote} Thanks for the hint! I was connected to NY while MFF servers as well as my ICM cTrader servers are in LD. Changed it to LD and will see the impact but it should definitely help

No worries, I use social tradertools and it works fine on all the firms i am using no latency etc.
  • #10,913
  • Sep 20, 2022 3:44am Sep 20, 2022 3:44am
All of a sudden the instagram community is working with IGdoust and Axelarmani at blueforexfunds because it will let them scam people to get live accounts there.

After 3 weeks I finally got my certificate for passing there, but still no live account... Yet they are sending our certificates to all the people they are scamming with their passing services quickly.
  • #10,914
  • Sep 20, 2022 5:52am Sep 20, 2022 5:52am
Quoting Takisd
{quote} No worries, I use social tradertools and it works fine on all the firms i am using no latency etc.
which one do you use? And can a cTrader account be a master?
Money is made by sitting, not trading
  • #10,915
  • Sep 20, 2022 6:08am Sep 20, 2022 6:08am
Quoting Vitore
{quote} which one do you use? And can a cTrader account be a master?

Socialtradertools but I dont know about ctrader... To be honest I hate ctrader so I know nothing about it.. It might work maybe would have to check .
  • #10,916
  • Sep 20, 2022 6:41am Sep 20, 2022 6:41am
Quoting Takisd
{quote} Socialtradertools but I dont know about ctrader... To be honest I hate ctrader so I know nothing about it.. It might work maybe would have to check .
I see, it's the name. it seems for MT4 user only but thanks anyway! Btw why do you hate cTrader? Just wondering as I hate MT4 and consider cTrader much better
Money is made by sitting, not trading
  • #10,917
  • Sep 20, 2022 7:17am Sep 20, 2022 7:17am
Quoting Vitore
{quote} I see, it's the name. it seems for MT4 user only but thanks anyway! Btw why do you hate cTrader? Just wondering as I hate MT4 and consider cTrader much better

Ctrader i find it clunky, even more than mt4 and alot more than mt5. But like, I was there when mt4 first came out so i could just be biases.
  • #10,918
  • Sep 20, 2022 7:37am Sep 20, 2022 7:37am
Quoting Takisd
{quote} Ctrader i find it clunky, even more than mt4 and alot more than mt5. But like, I was there when mt4 first came out so i could just be biases.
That's really interesting. Most people I know who started with MT4 and then discovered cTrader - they never come back. I agree MT4 is quite simple in a sense, when you know how to use it. It just works and it does correctly what it's supposed to do. cTrader can start lagging when you use too many indicators for example and that can be annoying. But there're so many things I just cannot figure out how to do in MT4 at all and it drives me crazy. cTrader seems so intuitive - I just need to do something, I try it, and in most cases it just works exactly as I would expect. In MT4 nothing seems intuitive to me. I cannot even move a chart and scale it freely in a way I want. It forces me to use some view which I cannot modify. But maybe I'm also biased. I'd prefer MT4 stability and reliability combined with cTrader functionality but that's never gonna happen...
Money is made by sitting, not trading
  • #10,919
  • Sep 20, 2022 9:47am Sep 20, 2022 9:47am
I would say with MT4 you cannot do it, regardless how much you backtest. It is not a good platform. MT5 is much better and of course the star is cTrader for trading.
  • #10,920
  • Sep 20, 2022 10:11am Sep 20, 2022 10:11am
Quoting TrAndy1
I would say with MT4 you cannot do it, regardless how much you backtest. It is not a good platform. MT5 is much better and of course the star is cTrader for trading.
The SierraChart is what I consider as the best platform. No flame please though.
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