Announcement

Collapse
No announcement yet.

SFE Price Action Managed Account (MAM)

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • SFE Price Action Managed Account (MAM)

    Hi Everyone,

    We'd like to open a dedicated thread for SFE Price action managed account which is available at Blueberry Markets ECN Broker.

    Forex Signals is not officially affiliated with the trader but we've opened this thread to our community based upon popular demand.

    Managed Account (MAM) Details:

    Strategy Name:
    SFE Price Action

    Trader/Strategy Creator:
    Joel Juanpere (aka atractor)

    Managed Account Base Currency:
    USD$

    Minimum MAM Funding:
    $3000

    Performance Fee (High Watermark):
    20%

    SFE Price Action MAM Sign up Process:

    1) Start the Live Account Application form by clicking on the following link:
    https://www.blueberrymarkets.com/lp/...ice-action-mam

    2) Upload your ID documents in Step 5 of the application. Please upload a Passport or National ID card that has a machine readable code.

    3) You will then receive an email with your live account logins and Secure Client Portal credentials.

    4) Transfer your funds using one of the funding methods in the Secure Client Portal. As mentioned, minimum funding for the MAM is $3000 USD.

    5) Complete the Limited Power of Attorney (LPOA) and Broker Authority documents:
    LPOA - https://www.blueberrymarkets.com/doc...%20-%20SFE.pdf
    Broker Authority - https://www.blueberrymarkets.com/doc...%20-%20SFE.pdf

    The LPOA is authorizing Joel to trade on your account. The broker authority form is authoring Blueberry to deduct the monthly performance fee as directed by Joel.

    6) Send the above forms to both support@blueberrymarkets.com and smartforexea@gmail.com

    If you have any questions about setting up your account, please email Dean directly at dean.hyde@blueberrymarkets.com

    Myfxbook Links:

    SFE Price Action Live:
    http://www.myfxbook.com/members/atractor/sfe-price-action-21-normal/1331484

    Blueberry Markets MAM Live:
    http://www.myfxbook.com/members/atractor/sfe-pa-mam-bb/2206391

    Strategy Description:

    SFE Price Action is automated strategy with a great diversification of operations and different systems working in 15 pairs and 4 timeframes. This increases the chances of sustained growth and reduces exposure to a single pair or individual operations. The risk is very controlled.

    Based on own price action rules, no hedge, martingale, grid or any other type of dangerous practices are used, such as not closing failed operations.

    Realistic management of internal adjustments. Instead of trying to find the exact values that fit the historical prices of each pair, the EA uses values that are effective in all pairs. This demonstrates the strength of the algorithms of the EA and reinforces the possibilities of maintaining the good performance in the future movements.

    Counting on a 10-year backtest period and more than 2.5 years of live action since mid-2014, it shows the EA's great adaptability to any type of structural behavior in the market, in trend or sideways. The robot bases its advantage on intraday volatility, which often occurs independently of market bias.

    Frequently Asked Questions:

    Are there any upfront fees?
    A: No, there are no entry or exit fees.

    Do I have to install software or run a VPS?
    No, there is nothing to install or monitor. Once the account is opened the process of monitoring your investment is completely passive.

    Can I trade the account myself as well?
    No, once you assign your sub account to the MAM you won't have access to trade the funds yourself. You would need to open a separate account not tied to the MAM if you wanted to trade manually.

    How does the watermark high calculation work?
    The high watermark calculation creates a scenario where the client is only charged a performance fee once their balance has exceeded the previous highest point.

    For example:

    Starting Deposit = $10,000

    Month 1 = $11,000 (10% gain)
    Fee = $200 ($10,800 balance)

    Month 2 = $10,000 (8% loss)
    Fee = zero

    Month 3 = $12,000 (20% gain)
    Fee = $240 (20% of the $1200 gain on the previous highest balance after the fee was withdrawn)


    The above example uses the accounts equity amount, not the balance.

  • #2
    Is there myfxbook link of the MAM account?

    Thanks.

    Comment


    • #3
      Originally posted by z4ns View Post
      Is there myfxbook link of the MAM account?

      Thanks.
      Hi, the MAM is in process of setting up, I hope will begin this week, I will post the myfxbook link when is ready.

      Comment


      • #4
        Will you offer as a signal here at ST?

        Comment


        • #5
          Originally posted by nc! View Post
          Will you offer as a signal here at ST?
          The signal is already available now with Joel's approval: https://www.forexsignals.com/forum/f...olot-high-risk

          I will be the one running the Signal but the subscription fee will be passed on to Joel. You get 1-week free trial if you sign up before the market closes for this week.
          Last edited by ccjhuang; 08-05-2017, 03:48 AM.
          SFE EAs + manual trades - Myfxbook
          SFE EAs + manual trades - SimpleTrader Signal

          Comment


          • #6
            Just a reminder that there is now only 23 hours left before the 1-week free trial promotion ends for the SimpleTrader signal!

            There won't be any more free trial after this week's Market Close, so please grab the chance while it's still available: https://www.simpletrader.net/signal/...High-Risk.html
            SFE EAs + manual trades - Myfxbook
            SFE EAs + manual trades - SimpleTrader Signal

            Comment


            • #7
              Hello,

              The MAM account is already running: http://www.myfxbook.com/members/atra...mam-bb/2206391

              With the SFE Price Action EA in moderate risk.

              Follow the steps in the first message if you want to join.

              Comment


              • #8
                What is the Max positions that can be opened on all currencies and Time frames combined with SFE PA ?
                On the EA is the Max orders the same irrespective of the risk level setting ?


                In the MAM, Is it possible for the leverage to be increased to greater than 100 :1 to say 400:1.?
                I just would like to think there is sufficient margin if a large move happened suddenly.

                Comment


                • #9
                  Originally posted by genki7 View Post
                  What is the Max positions that can be opened on all currencies and Time frames combined with SFE PA ?
                  On the EA is the Max orders the same irrespective of the risk level setting ?


                  In the MAM, Is it possible for the leverage to be increased to greater than 100 :1 to say 400:1.?
                  I just would like to think there is sufficient margin if a large move happened suddenly.
                  These were what Joel said in the past regarding the number of trades and leverage. It may be a good idea to increase the leverage if there is the option. Let's see what he says

                  "the number of orders from the version 2.4 is lower, but the size is higher. Will be difficult see more than 30-40 orders at same time, but every pair and timeframe is independent, then, there isn't a global control."

                  "With a leverage of 1:500, is impossible a margin call even in high risk. With accounts with 1:100 leverage, I don't recommend go above low risk setting."
                  SFE EAs + manual trades - Myfxbook
                  SFE EAs + manual trades - SimpleTrader Signal

                  Comment


                  • #10
                    Hi guys, sorry a noob question on the 20% performance fee.

                    The high watermark is calculated based on the master account?

                    Or the client's account equity after minus previous performance fees and broker's commissions?

                    Comment


                    • #11
                      Originally posted by Lithium View Post
                      Hi guys, sorry a noob question on the 20% performance fee.

                      The high watermark is calculated based on the master account?

                      Or the client's account equity after minus previous performance fees and broker's commissions?
                      If master gains 10%, clients on MAM will also gain 10%.

                      And yes, performance fees are also calculated into highwater mark (clients equity).

                      Here is more detailed description on how performance fee works:

                      The high watermark calculation creates a scenario where the client is only charged a performance fee once their balance has exceeded the previous highest point.

                      For example:

                      Starting Deposit = $10,000

                      Month 1 = $11,000 (10% gain)
                      Fee = $300 ($10,700 balance)

                      Month 2 = $10,000 (7% loss)
                      Fee = zero

                      Month 3 = $12,000 (20% gain)
                      Fee = $390 (30% of the $1300 gain on the previous highest balance after the fee was withdrawn)


                      The above example uses the accounts equity amount, not the balance.

                      Comment


                      • #12
                        Does the MAM have slippage too?

                        I see that the main account has NZUSD opened but the MAM does not have this position.

                        Comment


                        • #13
                          Originally posted by rayzzzz82 View Post
                          Does the MAM have slippage too?

                          I see that the main account has NZUSD opened but the MAM does not have this position.
                          There should be no slippage at all as Joel is running the actual EA on the MAM master account.

                          However it is known that different broker, server, price feed, etc can all make different accounts have slightly different trades. But Joel said they should even out in the long term and should not affect the long term performance.
                          SFE EAs + manual trades - Myfxbook
                          SFE EAs + manual trades - SimpleTrader Signal

                          Comment


                          • #14
                            Hi there,

                            I have take a look on both myfxbook accounts, The blueberry market MAM has much higher loss % this month than the account in IC Markets. Any idea why?

                            Comment


                            • #15
                              Originally posted by trizzard View Post
                              Hi there,

                              I have take a look on both myfxbook accounts, The blueberry market MAM has much higher loss % this month than the account in IC Markets. Any idea why?
                              Because the loss that was taken was because of the big gap in the weekend, IC Markets had better spreads. Blueberry had terrible spreads so bigger loss.

                              In this cases you can see what the difference is between a good broker and a bad one.
                              Last edited by Tripzor; 09-07-2017, 04:23 AM.

                              Comment

                              Working...
                              X