The Golden Key

[Pianetti]

Are about -800, however he's around at -4% floating DD according with Myfxbook, I believe that is an ordinary value.
Cheers

Atm 1000 pips in minus

[Erikkr]

Atm 1000 pips in minus

[Big River Man]

Ok I never realised. If this signal doesn't trade AUD or NZD then it shouldn't matter though. NZD especially the first hour of trade can be massive 50-80 pip moves

Sent from Uranus

[dupapa]

roboforex who i used to be with opened an hour later than others at start of trading week, again this was normal, didnt get burnt by it but then didnt stay with robo for long either

[littlemax]

Believe it or not, it's quite common for brokers to close / open an hour apart. I think it's because they all run on different timezones, rather than running from GMT 0.

I was with FXPig a while back and they decided to close their DMA feed 30min early one week (and I missed a trade close due to it), and they said this is pretty normal occurrence. Other brokers may have daylight saving and close 1hr early etc.

So traders / signal providers really should avoid trading the last hour and the first hour of the week to avoid any missed action from different brokers. Not to mention the spreads are rubbish at these times anyway ..

That's why I wanted to find out their (Alfaforex) hours, it's worth taking into account when matching a broker to signal provider to see if there's any potential conflict with open/close times & the ability to open or close trades on your account as a result. It doesn't get mentioned a lot around forex chat though.

[timo]

the only solution to that would be a max trade limit. as I run multiple signals on 1 account too

Sent from Uranus

That would be the only option.

And also let a larger account holder run it at smaller risk, i.e. 40k account running at 0.5x risk.

I'm in the 'multi-signal-crazy-folio' club also ....

[timo]

All brokers should open and close at exactly the same time. If not something is wrong. Surely

Sent from Uranus

Believe it or not, it's quite common for brokers to close / open an hour apart. I think it's because they all run on different timezones, rather than running from GMT 0.

I was with FXPig a while back and they decided to close their DMA feed 30min early one week (and I missed a trade close due to it), and they said this is pretty normal occurrence. Other brokers may have daylight saving and close 1hr early etc.

So traders / signal providers really should avoid trading the last hour and the first hour of the week to avoid any missed action from different brokers. Not to mention the spreads are rubbish at these times anyway ..

[Big River Man]

All brokers should open and close at exactly the same time. If not something is wrong. Surely

Sent from Uranus

[littlemax]

ok I found the answer to my question further back in this thread about the master account trading hours on Alfaforex MT4 'Golden Key' http://www.myfxbook.com/members/Mana...r-fx-20/945716
from live chat on Alfaforex site (MT4 server times) open & close early by 1 hour compared to broker such IC Markets (current GMT+3 open/close 0.00 server time)


closed on Friday GMT+1 at 21:00
open on Sunday GMT+1 at 21:00

[Big River Man]

Same thing over at my end.

Nick,

with regards to the 20k limitation, that is a bit of a let down.
What if we are not trading on a dedicated account for this signal, but rather a common account for many signals ?
Think it would be good to consider that with this kind of limitation.

Cheers

the only solution to that would be a max trade limit. as I run multiple signals on 1 account too

Sent from Uranus

[SpiderX]

Not sure about that, the last few days my slippage has been getting worse. Closing execution regularly >5 and opening execution around 3-4s. A couple of weeks ago it was half that

Same thing over at my end.

Nick,

with regards to the 20k limitation, that is a bit of a let down.
What if we are not trading on a dedicated account for this signal, but rather a common account for many signals ?
Think it would be good to consider that with this kind of limitation.

Cheers

[timo]

Not sure about that, the last few days my slippage has been getting worse. Closing execution regularly >5 and opening execution around 3-4s. A couple of weeks ago it was half that

It was pretty bad during the ST copier issues, but only during that particular week.

C2 has always has slippage problems. I was working closely with C2 about 2 months ago to try and resolve it, because I was getting a ton of slippage and we were both on ICMarkets. It got a bit better when he moved his EA to a ST VPS, as he eliminated the latency between himself and the copier.

But unfortunately with a grid strategy there will always be slippage with a copier. A reasonable amount I've learnt to live with is +5 to -15%.

It depends alot on volatility though. If he closes baskets during fast moving spikes, it seems to always result in heavy neg slippage, which I guess is testament to the EA's ability to pick the top quite well!

[pearcey2]

Wasn't the worst Caesar slippage because ST copier had problems, which are now solved with new infrastructure?

Not sure about that, the last few days my slippage has been getting worse. Closing execution regularly >5 and opening execution around 3-4s. A couple of weeks ago it was half that

[WhiteApe]

Thanks Nick,

The MAM is definitely the 'Ferrari' option here, and that would give him complete control over slippage. Even though personally I wouldn't be interested in a MAM, i'd only be using the copier pathway.

Good idea to test it for a few weeks, as Slippage may be a surprisingly huge factor in results.

He may also need to adjust his trading style slightly, or at least be aware of the implications of additional time lag from the copier, particularly during periods of high volatility.

I'd recommend to begin with he trades from one of your VPS's next to your copier VPS. This seemed to yield marginally better results from Caesar2 when he did this.

I'm pretty excited too however, really good find Nick!
Please keep us updated with testing performance ...

Wasn't the worst Caesar slippage because ST copier had problems, which are now solved with new infrastructure?

[Nick]

Thanks Nick,

The MAM is definitely the 'Ferrari' option here, and that would give him complete control over slippage. Even though personally I wouldn't be interested in a MAM, i'd only be using the copier pathway.

Good idea to test it for a few weeks, as Slippage may be a surprisingly huge factor in results.

He may also need to adjust his trading style slightly, or at least be aware of the implications of additional time lag from the copier, particularly during periods of high volatility.

I'd recommend to begin with he trades from one of your VPS's next to your copier VPS. This seemed to yield marginally better results from Caesar2 when he did this.

I'm pretty excited too however, really good find Nick!
Please keep us updated with testing performance ...

Thanks Timo,

We're trading the master on one of our dedicated servers. That should help a little.