I will share some interesting links about MetaTrader 4 users and MT4 broker’s options.
STOP HUNTING: http://ecnjesus.com/stop-hunting-with-mt4/
REQUOTES: http://ecnjesus.com/metatrader-manager-dealing-desk/
Virtual Dealer Plugin: http://ecnjesus.com/virtual-dealer/
smth from the kitchen: http://www.how-to-trade.ru/category/metki/foreks
Investing in my Alpari PAMM account (managed account) is open already.
Robin Hood Fund is in the top 20 PAMM account ratings in Alpari.
Here is the link: http://www.alpari-forex.com/en/pamm/info/id/199376/
You can find more detailed stats in www. myfxbook.com : http://www.myfxbook.com/members/RobinHoodFund/robin-hood-pamm/108473
Wish you all successful investments!
After several e-mails between ZuluTrade support and me, we still are arguing about DD calculation.
Gee, these people really do not want to see it!!! Even it is taking about 4 days to answer my every single e-mail.
My thesis:
“Robin Hood – PAMM: On the 4th of May everything is OK, and on the end of that day I have 1494 pips. Problems are with next 3 deals on the 5th of May!
“After opening next 3 positions there worst DD is 142, 102 and 72 (I am taking them from Hi – Low graph) .
So 1493 – 142 -102 – 72 = 1177 right? On your chart is 898 pips. “
For the 12th of May in “Robin Hood – Live” is the same story.
On the chart DD is shown down to the 85 pips but my trades are closed on the Stop Loss. So it is logical DD be just to the size of the stop loss. Which is” Profit before deals” – “Loss from last simultaneously opened deals” or 1753 – ( 167 + 127 +148 + 135 + 116 + 155 ) = 905 pips !!! BIG difference from what is on the chart at the moment.
It is clear that your algorithm is doing it WRONG! “
Look their explanation to my questions about the DD.
“Below follows the calculation of your Drawdown on the dates you mentioned for your two accounts, bearing in mind that the Drawdown graph displays the difference between your profit (Accumulated Pips) and maxDD at that time (calculated by adding the Low of currently open trades).
With regards to your account Robin Hood PAMM, on May 5th you had Accumulated Pips of 1213.2, while the Lows of your 5 positions open on that day had the result of 29+143+102+72+2=348; the difference between them is 865.2 pips, very close to 898.9 as shown in the graph (as mentioned earlier, such minor differences are to be expected due to the calculation time).
With regards to your account Robin Hood Live, on May 12th you had Accumulated Pips of 905.2, while the Lows of your 5 positions open on that day had the result of 155+116+135+148+127+167=848; the difference between them is 57.2 pips, which is close to 85.9 as shown in the graph (as mentioned earlier, such minor differences are to be expected due to the calculation time).”
So what are they doing?!
On every update they extract once the loss on the opened deals from my Profit and one more time they are taking out the Lows.
Do you see any logic?! I DO NOT!!!
Once again – this is their “algorithm”.
They are extracting the loss from every open deal 2 times.
1/ On every update “Accumulated Pips” is equal to “Profit” – “Open Positions”
2/ and after that they are extracting the “Lows” from the same positions once again.
So actually they are doing it twice.
I see NO logic in this. What about you?
ZuluTrade is lying their signal providers about the commission they will be paid for their service.
On their site is written that commission is 0.5 pips per deal, but for the big accounts they are paying only 0.1 pips.
You can see that on the FAQ page that is NOT mentioned: http://zulutrade.com/FAQ.aspx
Neither on the “Become a signal provider page” : http://zulutrade.com/SignUp_SignalProvider.aspx
Gee, it is NOT even in the signal provider agreement!!! http://zulutrade.com/Files/TermsAgreements/ProviderNonUS_Agreement_Signature.pdf
So you can imagine what surprise is expecting someone who have worked several months to be noticed by the big investors, when he sees that his commission is 5 times less for their accounts!!! Check this out!!!
and how much money you are paid …..
That’s right – 5 times less from what you have agreed for!!!
Of course I contacted the support, but it seems that ZuluTrade finds this perfectly normal!!
You can find their answer below: (of course I had to wait several days as every other time I was trying to contact them by e-mail )
I don’t think that a serious trader will accept these conditions, that’s why investors will need tons of four-leaf clovers to make money following someones signals at ZuluTrade!
There were several times when stats in ZuluTrade were wrong or just manipulated. Lately these guys are making efforts to delete ghost trades from the some cheaters’ accounts, but it seems that there is a lot of work to be done.
I noticed wrong calculation of the DD on my accounts. I wrote several times to support team, but they just answered me with standard explanation what is their algorithm, and simple things about what is the green line and what is the red line. huh?! I do not think that anyone needs this. 3 times I explain them that there is a mistake BUT they do not pay any attention to my words or just can’t use a calculator! I think that they are insulting the intelligence of their customers!
You can see what I am talking about on the 2 screen shots below.
On the first one you can see what their chart is showing about Profit and DD. They insist that DD on 12th of May is about to 85.9 pips.
On the second one, you can see the last opened trades and the loss and Drawdown they did.
So let do the calculations.
Before last 6 simultaneously opened trades there was 1753 pips profit. Last trade were closed on Stop Loss and there internal DD is the same with the loss they generated.
How do we calculate the DD? That’s right it is “Profit on that date minus the Drawdown of the open trades.” On the Low/High you see the worst drawdown for all the history of the trade, while Drawdown is the (net) accumulated amount of all open trades with a negative result at ANY given time, for a Signal Provider’s account. (last formulas are from their answer to my e-mails)
Let’s do it !
1753 – ( 167 + 127 +148 + 135 + 116 + 155 ) = 905 pips !!! Not 85 pips, right?
On the 5th of may it was the same story…….
Same on my other account ” Robin Hood – pamm”. On the chart 5th of may chart says DD to 898, the real one : 1493 – (142 +102 + 72 ) = 1177 , right?
Another disappointment from their service for me! 
Today some followers got much worse results again. And again they were the followers who are using AAAfx.
On next picture you can see that some got 22 pips, some got 42 pips on same trade in EURJPY:
The reason:
You can see the missing data in AAAfx feed and that at that time 08:04 highest bid was 115.803, and market was falling so you should have better prices again.
