Discuss LionFXTrader.com

[fairly_man]

GMT offset of vender's broker is +1 . If your broker slower than vender's broker 1 hour, you should set GMT offset be +2(safe), or may be +3 but gmt offset of +3 will get a high RDD but will get big profit too. Fore me, GMT offset that I use is +2 and +3 in each brokers are different.

 

[md didarul alam]

Pure power bro have you myfxbook link?

 

[Trader3003]

Here are my trades for this week. All winners. But different from vendor's account.
GMT offset = 1

 

[PurePower]

Pure power bro have you myfxbook link?

Sorry i don't as i have other trades on the same account.

Here are my trades for this week. All winners. But different from vendor's account.
GMT offset = 1

Your GMToffset is correctly setup. If everyone follows the GMToffset guidelines that was posted earlier then your trades will differ from the vendors account. This is expected.

If you want to follow the vendors trades, then my suggestion is to take the correctly calculated GMToffset and minus 1 from it.

 

[Trader3003]

I still ask why this GMToffset calculation is not done within the EA itself. Similar to posts above I have developped a small MQL4 script which you can see in my screenshot.

 

[md didarul alam]

trader 303
whats your deposit?

 

[Trader3003]

Its a demo account starting with 5000 EUR. Balance is now 4990, there were other trading systems tested. With the recommendation of 100$ per 0,01 lot I could increase lotsize to 0,5

 

[a!mb0t]

GMT offset of vender's broker is +1 . If your broker slower than vender's broker 1 hour, you should set GMT offset be +2(safe), or may be +3 but gmt offset of +3 will get a high RDD but will get big profit too. Fore me, GMT offset that I use is +2 and +3 in each brokers are different.

No, the vendor has GMT+2 now due to summertime change, look at my screenshot.

@Trader3003 I think you have to change it to GMT +2.

@PurePower You wrote:

If everyone follows the GMToffset guidelines that was posted earlier then your trades will differ from the vendors account. This is expected.

That makes no sense, why should it be expected that everyone will have different trades? Could you explain?

If the GMT Offset is adjusted to the guidlines (Market Time minus the GMT time) then you have exactly what the vendor has.
And then his system sees the same so the trades should be the same. Am i missing something?

 

[PurePower]

No, the vendor has GMT+2 now due to summertime change, look at my screenshot.

@Trader3003 I think you have to change it to GMT +2.

@PurePower You wrote:



That makes no sense, why should it be expected that everyone will have different trades? Could you explain?

If the GMT Offset is adjusted to the guidlines (Market Time minus the GMT time) then you have exactly what the vendor has.
And then his system sees the same so the trades should be the same. Am i missing something?

Yip, the vendor is using GMT+1 as the offset currently instead of GMT+2. So the trades will differ. Please see my earlier post where I tested this.

 

[a!mb0t]

Yes I saw it, okay was a little bit confused now it's all clear thanks anyway.
Small misunderstanding/out of context