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Dtrader Trade copy signal - free trial

  • Post# 1
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  • First Post: Jan 12, 2013 2:08pm | Edited Feb 1, 2013 12:56pm
  • psperos
    Joined Jul 2008 | 16 Posts | Status: Member
We have a new trade copy signal service that trades EURUSD with a trading approach in-between scalping and mid term position trading. Only 1 open trade at a time with risk percent setting.

Please PM me for a 2 weeks of use ( live or demo will work), a valid email is needed to setup up an account . We would like to get input and a discussion going about the service.

http://www.dtraderfx.com/
  • Post# 2
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  • Jan 12, 2013 2:13pm
  • psperos
    Joined Jul 2008 | 16 Posts | Status: Member
here is our forward test.

http://www.mt4i.com/users/dtrader

we will have a live one that we are setting up for forexpeacearmy soon
  • Post# 3
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  • Last Post: Feb 1, 2013 12:24pm
  • psperos
    Joined Jul 2008 | 16 Posts | Status: Member
Trading for Jan finished. We have made significant changes during the month. As of Jan/22 we updated our backend to allow partial trade closure so we can now close out half the position when our profit is equal to the distance of a stop. With this method we can now make trades risk-less, let the winners run and avoid draw down like we had mid January.

New EA default settings for new partial trade closure and general risk:

1.) add ea to chart
2.) Set MagicNumber=0
3.) set RiskRatioServer=0
4.) set RiskPercent=1 - risk percent is what we want all our subscribers to use for a risk setting. it will calculate risk based on the account equity. 1=1%/per trade, 2=2% etc... set as your risk fits you.

For our forward test, we have changed our risk setting to take 3.5% risk per trade( very risky but account is already in profit). We increased this because we will be taking 1/2 of the position off when we cover our stop level so this is acceptable for this account that is in profit and for forward testing reasons. Please be advised our forward test is a demo. For live funds we recommend starting with 1-2% risk per trade. In general above 2% per trade is very risky in the professional trade world.

The downside with our new partial trade close feature and new setting requirement is that it requires to have magic number set to 0 in order to work. This unfortunately means when we close positions it will effect other trades placed manually and by other ea's in the account. In order to use Dtrader now, you will have to have a dedicated mt4 account to use it properly. If you set a magic number greater than 0, you can run other EA's and trade manually, but where we close 1/2 our position , it will close 100% of your dtrader position .

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