• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 5:56pm
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 5:56pm
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Strange Trading Journal 428 replies

Strategy tester results strange thing happened 0 replies

Strange Question - What is your biggest frustration in trading? 37 replies

Very Strange Results on Renaming EA 0 replies

Strange Results 4 replies

  • Trading Discussion
  • /
  • Reply to Thread
  • Subscribe
Tags: Strange results on trading statement
Cancel

Strange results on trading statement

  • Post #1
  • Quote
  • First Post: Dec 14, 2011 9:51am Dec 14, 2011 9:51am
  •  Special One
  • | Joined Nov 2008 | Status: Member | 54 Posts
I saw an account that published through a website that publish forex account, like mt4stats, mt4i, mt4pips etc.

I saw strange result on that trading statement, I copy and paste some of them.

Ticket Open time Type Lots Symbol Open S/L T/P Close Price Comm Swap Profit Pips
8366293 2010/08/11 06:10:39 Sell 0.90 EURGBP 0.831 0.8339 0.8305 2010/08/11 06:10:39 0.8305 0.00 0.00 70.61 5.0
8366339 2010/08/11 06:10:45 Sell 1.10 EURGBP 0.831 0.8339 0.8305 2010/08/11 06:10:45 0.8305 0.00 0.00 86.31 5.0
8366327 2010/08/11 06:11:54 Sell 0.90 EURCHF 1.3722 1.3751 1.3717 2010/08/11 06:11:54 1.3717 0.00 0.00 42.72 5.0
8366351 2010/08/11 06:12:00 Sell 1.40 EURCHF 1.3721 1.375 1.3716 2010/08/11 06:12:00 1.3716 0.00 0.00 66.43 5.0

As you can see, all of them have exactly the same open time and close time but give 5 pips profit.
How that could be happened? Negative spread or fake trading statement?
  • Post #2
  • Quote
  • Dec 14, 2011 5:25pm Dec 14, 2011 5:25pm
  •  doblece
  • Joined May 2006 | Status: Still here. | 2,602 Posts
I don't think a statement can be faked on any of those publishing platforms, as they only and directly show the activity taking place on the trading account.

You could maybe ask the owner of that account, there are usually messaging or commenting features (unless disabled).

Could also be a rebate? As all of them have the same pip amount.
 
 
  • Post #3
  • Quote
  • Dec 16, 2011 6:48am Dec 16, 2011 6:48am
  •  FxMaestro
  • | Additional Username | Joined Mar 2011 | 66 Posts
Maybe the statement is faked, as a programmer I see a few ways how you can do that...
Think twice before going live, even if you own the best trading strategy...
 
 
  • Post #4
  • Quote
  • Dec 16, 2011 7:03am Dec 16, 2011 7:03am
  •  doblece
  • Joined May 2006 | Status: Still here. | 2,602 Posts
Are you suggesting that it is possible to bypass the automated and direct connection from MT4 to myfxbook or others? I didn't think that could be possible.
 
 
  • Post #5
  • Quote
  • Dec 19, 2011 1:16am Dec 19, 2011 1:16am
  •  Special One
  • | Joined Nov 2008 | Status: Member | 54 Posts
Quoting doblece
Disliked
I don't think a statement can be faked on any of those publishing platforms, as they only and directly show the activity taking place on the trading account.

You could maybe ask the owner of that account, there are usually messaging or commenting features (unless disabled).

Could also be a rebate? As all of them have the same pip amount.
Ignored
I don't think it is a rebate, they have exactly the same format other trades, have lot size, etc.

I also found 2 trades with the same open and close time with only 2 pips profit, instead of 5 pips.
 
 
  • Post #6
  • Quote
  • Last Post: Dec 19, 2011 3:44am Dec 19, 2011 3:44am
  •  FxMaestro
  • | Additional Username | Joined Mar 2011 | 66 Posts
Quoting doblece
Disliked
Are you suggesting that it is possible to bypass the automated and direct connection from MT4 to myfxbook or others? I didn't think that could be possible.
Ignored
Why not?

there are a few ways how to do that:

- disconnect the terminal from the Internet and send wrong quots to it. I saw the software which can do that
- I suppose that statements are shown from the dll which is triggered by the EA. So you can emulate the EA and call the same dll methods which will post fake data for you

I did not try that but I'm pretty sure that it is possible to post fake statements at least on some services with low level of security.
Think twice before going live, even if you own the best trading strategy...
 
 
  • Trading Discussion
  • /
  • Strange results on trading statement
  • Reply to Thread
0 traders viewing now
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023