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Author Topic: Some signals on SignalStart i am following  (Read 8542 times)

Offline brunohelius

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Some signals on SignalStart i am following
« on: January 13, 2020, 10:50:39 PM »
Hi,

i am new to signals and copytrades systems. I read a lot here some reviews from some signals but after doing some research i found these signals to be interesting, i will copy the links here. If anyone has some consideration i would be great.

It seems more conservative:
https://www.signalstart.com/analysis/monkeybusiness/44461

More agressive approach:
https://www.signalstart.com/analysis/bwtrend/54160

This seems to be medium risk:
https://www.signalstart.com/analysis/fxprotrader/71762

Offline diyforexskills

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Re: Some signals on SignalStart i am following
« Reply #1 on: April 20, 2021, 05:59:12 AM »
Hi,

i am new to signals and copytrades systems. I read a lot here some reviews from some signals but after doing some research i found these signals to be interesting, i will copy the links here. If anyone has some consideration i would be great.

It seems more conservative:
https://www.signalstart.com/analysis/monkeybusiness/44461

More agressive approach:
https://www.signalstart.com/analysis/bwtrend/54160

This seems to be medium risk:
https://www.signalstart.com/analysis/fxprotrader/71762

The Medium Risk one looks sound. Long track record and with own considerable investment. And trading at 30:1, sensible.

From a chance meeting whilst hiking in Tasmania, I was alerted to this Gold strategy.
https://www.signalstart.com/analysis/forex11/194489

Only a short record and only miniscule funding. But I followed for a month (before compulsory leverage change) and made a nice profit in March/April. Generally a cautious approach but he does marty at times and my new hiking friend had a margin call as a result in early March. He was trading on $100K and hence had 1 to 2 lot sizing so probably too high a risk since the signal provider did not have a margin call (see trade history 1 March and also 13 April for marty trades).

When trading this at 20:1 as per new norm for properly regulated brokers, we need a sizable deposit just to cover the cost of AUD$100 pm (USD$59 plus USD$25) and low risk factor to avoid margin calls. But if he can keep up his good record for a few more months... maybe worth following at low risk.

In the meantime I am now testing myself to see if I can trade Gold manually. Not bad so far except for the two days I got greedy and tried to go for too high a TP.

Greed - the enemy of a good trader.


DIY ProTrader Signal Service https://www.diyforexskills.com/signal-service/

Testing Accounts
SuperHybrid Trader from EliteIT4U - https://www.fxblue.com/users/diybbtrader/printable (ignore trades prior to 04:00 27 Sep 21)

aiTrader from FXMath - https://www.fxblue.com/users/aitrader

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Offline rsmereka

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Re: Some signals on SignalStart i am following
« Reply #2 on: April 20, 2021, 02:31:30 PM »
Hi,

i am new to signals and copytrades systems. I read a lot here some reviews from some signals but after doing some research i found these signals to be interesting, i will copy the links here. If anyone has some consideration i would be great.

It seems more conservative:
https://www.signalstart.com/analysis/monkeybusiness/44461

More agressive approach:
https://www.signalstart.com/analysis/bwtrend/54160

This seems to be medium risk:
https://www.signalstart.com/analysis/fxprotrader/71762

The Medium Risk one looks sound. Long track record and with own considerable investment. And trading at 30:1, sensible.

From a chance meeting whilst hiking in Tasmania, I was alerted to this Gold strategy.
https://www.signalstart.com/analysis/forex11/194489

Only a short record and only miniscule funding. But I followed for a month (before compulsory leverage change) and made a nice profit in March/April. Generally a cautious approach but he does marty at times and my new hiking friend had a margin call as a result in early March. He was trading on $100K and hence had 1 to 2 lot sizing so probably too high a risk since the signal provider did not have a margin call (see trade history 1 March and also 13 April for marty trades).

When trading this at 20:1 as per new norm for properly regulated brokers, we need a sizable deposit just to cover the cost of AUD$100 pm (USD$59 plus USD$25) and low risk factor to avoid margin calls. But if he can keep up his good record for a few more months... maybe worth following at low risk.

In the meantime I am now testing myself to see if I can trade Gold manually. Not bad so far except for the two days I got greedy and tried to go for too high a TP.

Greed - the enemy of a good trader.
Not a reasonable choice IMHO,

For one, total negative pips (according to SS currently -437,384.2) which typically indicates Martingale money management. In addition, account start on graph is Nov 8, 2018 but was added to SS over a year later on Dec 9, 2019. Along with the rather large loss in Mar 2020 (13.01%).

I have an SS watch list that I have been tracking since Jun last year, I have seen many signals come and go. If I had to dedicate serious money right now, these would be my choices (in priority order):
Code: [Select]
Blackwave Pacific - https://www.signalstart.com/analysis/blackwave-pacific/2335
since Aug 12, 2015 - added Nov 21, 2015
ICMarkets, 500:1, $69/mo, DD 50.04
https://www.mql5.com/en/users/blackwavetrader
20200717 #306 (6.06), 20 disappeared (rank pending) (6.05), 21 (6.05), 22 (6.04),
23 (6.04), 24 (6.04), 27 (6.03), 28 (6.02), 29 (6.02), 30 (6.02), 31 (6.13).
0805 #245 (6.12), 06 #238 (6.11), 07 #244 (6.11), 12 #243 (6.10),
13 #252 (6.09), 17 #251 (6.08), 18 #255 (6.08), 19 #254 (6.09), 20 #256 (6.09),
21 #259 (6.09), 24 #271 (6.08), 25 #270 (6.08), 26 #275 (6.08), 27 #273 (6.08),
31 #288 (6.07), 0902 #293 (6.07), 03 #314 (6.08), 04 #311 (6.09),
09 #307 (6.08), 11 #305 (6.07), 14 #306 (6.06), 16 #315 (6.07), 17 #314 (6.09),
34 #315 (6.10), 24 #309 (6.09), 28 #313 (6.09), 29 #326 (6.09),
1014 #327 (6.09), 15 #326 (6.09), 19 #334 (6.08), 20 #328 (6.08),
22 #318 (6.08), 23 #310 (6.08), 26 #320 (6.08), 27 #318 (6.07), 28 #313 (6.07),
29 #321 (6.07), 30 #325 (6.07), 1102 #304 (6.06), 03 #301 (6.06),
04 #307 (6.05), 05 #309 (6.05), 09 #304 (6.05), 10 #301 (6.05), 23 #315 (6.06),
16 #301 (6.06), 17 #301 (6.08), 19 #302 (6.08), 20 #303 (6.08), 24 #302 (6.08),
25 #278 (6.08), 26 #320 (6.08), 27 #321 (6.08), 1201 #331 (6.07),
2 #332 (6.07), 3 #308 (6.07), 4 #312 (6.07), 8 #308 (6.07), 9 #305 (6.07),
10 #303 (6.07), 14 #293 (6.07), 15 #293 (6.07), 20210112 #353 (6.03),
13 #353 (6.03), 14 #352 (6.03), 15 #351 (6.03), 19 #350 (6.04), 20 #343 (6.04),
21 #352 (6.04), 22 #346 (6.06), 25 #354 (6.06), 27 #361 (6.07), 29 #361 (6.07),
0201 #359 (6.06), 02 #361 (6.07), 03 #369 (6.06), 04 #363 (6.06),
05 #366 (6.06), 17 #399 (6.04), 18 #397 (6.04), 19 #404 (6.04), 22 #390 (6.03),
23 #386 (6.02), 24 #355 (6.02), 25 #338 (6.02), 26 #328 (6.01),
0301 #332 (6.00), 02 #341 (6.04), 03 #349 (6.04), 04 #357 (6.04),
05 #353 (6.03), 09 #356 (6.02), 10 #372 (6.02), 12 #371 (6.01), 15 #389 (6.00),
16 #392 (6.00), 17 #406 (6.00), 18 #403 (5.99), 19 #404 (5.99), 23 #405 (5.98),
24 #400 (5.98), 25 #399 (5.97), 26 #409 (5.97), 29 #410 (5.96), 30 #410 (5.96),
31 #419 (5.96), 0401 #422 (5.95), 06 #424 (5.94), 07 #432 (5.93),
08 #431 (5.93). 09 #447 (5.93), 12 #422 (5.92), 13 #422 (5.92), 14 #426 (5.91),
15 #423 (5.91), 16 #411 (5.91), 19 rank pending (5.90), 20 (5.90)

The second oldest signal on SS started trading Aug 12, 2015 and added to SS on Nov 21, 2015. Is a grid system but not Martingale. Has extended periods of DD but is very consistent. For some reason SS moved this system to 'rank pending' yesterday but 'rank' is popularity.
Code: [Select]
Blackwave Alpine Client
https://www.signalstart.com/analysis/blackwave-alpine-client/58895
since Feb 20, 2017 - added Jun 27, 2019
ICMarkets, 500:1, $59;mo, DD 55.6, 20210401 56.37, 06 59.43%
20210224 #374 (6.19), 25 #352 (6.18), 25 #333 (6.18), 0301 #341 (6.17),
02 #362 (6.21), 03 #373 (6.20), 04 #381 (6.20), 05 #378 (6.19),
09 #381 (6.18), 10 #397 (6.17), 12 #396 (6.16), 15 #415 (6.15), 16 #412 (6.15),
17 #430 (6.14), 18 #424 (6.14), 19 #431 (6.13), 23 #430 (6.12), 24 #423 (6.11),
25 #427 (6.11), 26 #440 (6.10), 29 #442 (6.09), 30 #441 (6.09), 31 #449 (6.08),
0401 #459 (6.08), 06 #552 (5.84), 07 #562 (5.84), 08 #564 (5.84),
09 #573 (5.83), 12 #569 (5.82), 13 #569 (5.82), 14 #566 (5.81), 15 #567 (5.81),
16 #564 (5.80), 19 #560 (5.79). 20 #555 (5.79)
This is a variation of the previous signal by the same author. Same system just a higher lot size. Also among the oldest signal on SS. Trading started Feb 20, 2017 and was added to SS Jun 27, 2019
Code: [Select]
Turtle Safe - https://www.signalstart.com/en/analysis/turtle-safe/179002
since Sep 02, 2020 - added Oct 6, 2020
https://www.myfxbook.com/members/Ludopatico/turtle-safe/6969786
http://www.andrea-lanza.it/blog/2018/06/04/a-few-notes-about-turtle-eur-strategy/
Alpari RU, 500:1, $30/mo, DD 20210302 29.04%
20210302 #269 (13.00), 03 #313 (12.99), 04 #351 (12.59), 05 #366 (13.48),
09 #352 (12.26), 10 #298 (12.83), 12 #252 (13.76), 15 #236 (13.77),
16 #224 (13.84), 17 #213 (13.56), 18 #265 (12.76), 19 #248 (12.57),
23 #92 (14.14), 24 #66 (15.23), 25 #65 (15.23), 26 #64 (15.19),
29 #59 (14.64), 30 #64 (14.36), 31 #71 (13.96), 0401 #88 (14.02),
06 #96 (14.11), 07 #71 (15.09). 08 #72 (15.18), 09 #76 (15.0), 12 #64 (15.28),
13 #57 (15.64), 14 #51 (15.48), 15 #46 (15.95), 16 #28 (15.89), 19 #40 (15.83),
20 #35 (16.11)
This is what I would call high risk. Less than a year trading but is balanced. Not much open trade DD but some closed trade DD.

Note that I have no relationship/affiliation with SS or any of the above mentioned signals.

Offline diyforexskills

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Re: Some signals on SignalStart i am following
« Reply #3 on: April 21, 2021, 08:37:08 AM »
OK, so with serious money would you trade these at 30:1, and adjusted risk, or use wealthy/professional status to retain use of 500:1 leverage?

And just curious, Blackwave california is not in your list. Much lower return but looks safer at only 19%DD on MT5, compared to 50% for the other two, and maybe could be more suitable at 30:1?


DIY ProTrader Signal Service https://www.diyforexskills.com/signal-service/

Testing Accounts
SuperHybrid Trader from EliteIT4U - https://www.fxblue.com/users/diybbtrader/printable (ignore trades prior to 04:00 27 Sep 21)

aiTrader from FXMath - https://www.fxblue.com/users/aitrader

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Offline rsmereka

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Re: Some signals on SignalStart i am following
« Reply #4 on: April 21, 2021, 01:54:42 PM »
IMHO, leverage is a bonus, not a critical factor like length of trading history. Admittedly, I don't have a restricted leverage brokerage account.

I had never seen an over five years of live trading history before. I have previously signed up for signals with over a year of live trading history only to have the signal account melt down.

Offline diyforexskills

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Re: Some signals on SignalStart i am following
« Reply #5 on: April 24, 2021, 07:43:14 AM »
I will add this one to my Watch list (as well as Ordequity). Would be a quiet performer, only 5 trades pm but consistently profitable over 3 years.

https://www.signalstart.com/analysis/my-signal-forex/197313

Also noticed that Blackwave already has its own Thread on this board.


DIY ProTrader Signal Service https://www.diyforexskills.com/signal-service/

Testing Accounts
SuperHybrid Trader from EliteIT4U - https://www.fxblue.com/users/diybbtrader/printable (ignore trades prior to 04:00 27 Sep 21)

aiTrader from FXMath - https://www.fxblue.com/users/aitrader

Information, rebates and products -
http://www.diyforexskills.com

Online nc!

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No eas in real accounts

Following Signals

Offline diyforexskills

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Re: Some signals on SignalStart i am following
« Reply #7 on: May 05, 2021, 08:07:28 AM »
From a chance meeting whilst hiking in Tasmania, I was alerted to this Gold strategy.
https://www.signalstart.com/analysis/forex11/194489

Only a short record and only miniscule funding. But I followed for a month (before compulsory leverage change) and made a nice profit in March/April. Generally a cautious approach but he does marty at times and my new hiking friend had a margin call as a result in early March. He was trading on $100K and hence had 1 to 2 lot sizing so probably too high a risk since the signal provider did not have a margin call (see trade history 1 March and also 13 April for marty trades).

When trading this at 20:1 as per new norm for properly regulated brokers, we need a sizable deposit just to cover the cost of AUD$100 pm (USD$59 plus USD$25) and low risk factor to avoid margin calls. But if he can keep up his good record for a few more months... maybe worth following at low risk.

In the meantime I am now testing myself to see if I can trade Gold manually. Not bad so far except for the two days I got greedy and tried to go for too high a TP.

Greed - the enemy of a good trader.

Am still following this one, waiting to see if he could handle a bad day or whether he would marty himself to a margin call. Finally he has had a losing day and accepted a loss as shown in image. Normally I don't like to see losses, but in this case I think it is a good sign. Better a (retrievable) loss than a margin call. Shows discipline.


DIY ProTrader Signal Service https://www.diyforexskills.com/signal-service/

Testing Accounts
SuperHybrid Trader from EliteIT4U - https://www.fxblue.com/users/diybbtrader/printable (ignore trades prior to 04:00 27 Sep 21)

aiTrader from FXMath - https://www.fxblue.com/users/aitrader

Information, rebates and products -
http://www.diyforexskills.com

Offline diyforexskills

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Re: Some signals on SignalStart i am following
« Reply #8 on: May 07, 2021, 11:00:34 AM »
Now let's see how well he can recover. Had been a dream run.


DIY ProTrader Signal Service https://www.diyforexskills.com/signal-service/

Testing Accounts
SuperHybrid Trader from EliteIT4U - https://www.fxblue.com/users/diybbtrader/printable (ignore trades prior to 04:00 27 Sep 21)

aiTrader from FXMath - https://www.fxblue.com/users/aitrader

Information, rebates and products -
http://www.diyforexskills.com

Online reinerh

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Re: Some signals on SignalStart i am following
« Reply #9 on: May 07, 2021, 03:16:46 PM »
Now let's see how well he can recover. Had been a dream run.

its over, account emptied.

sheesh sure hope your buddys 100k account has something left, would be a shame if its gone up in smoke.

Offline diyforexskills

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Re: Some signals on SignalStart i am following
« Reply #10 on: May 08, 2021, 03:18:01 AM »
I will add this one to my Watch list (as well as Ordequity). Would be a quiet performer, only 5 trades pm but consistently profitable over 3 years.

https://www.signalstart.com/analysis/my-signal-forex/197313


With the gold strategy, Forex11, having bitten the dust, my focus now remains on this signal. Appears to only trade EURUSD and seems to do it well earning 14.6% pm with very low DD.


DIY ProTrader Signal Service https://www.diyforexskills.com/signal-service/

Testing Accounts
SuperHybrid Trader from EliteIT4U - https://www.fxblue.com/users/diybbtrader/printable (ignore trades prior to 04:00 27 Sep 21)

aiTrader from FXMath - https://www.fxblue.com/users/aitrader

Information, rebates and products -
http://www.diyforexskills.com

Online reinerh

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Re: Some signals on SignalStart i am following
« Reply #11 on: May 08, 2021, 09:13:39 PM »
I will add this one to my Watch list (as well as Ordequity). Would be a quiet performer, only 5 trades pm but consistently profitable over 3 years.

https://www.signalstart.com/analysis/my-signal-forex/197313


With the gold strategy, Forex11, having bitten the dust, my focus now remains on this signal. Appears to only trade EURUSD and seems to do it well earning 14.6% pm with very low DD.

yes he seems to be doing mighty well no question :)

Offline diyforexskills

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Re: Some signals on SignalStart i am following
« Reply #12 on: May 14, 2021, 02:02:39 AM »
Now let's see how well he can recover. Had been a dream run.

its over, account emptied.

sheesh sure hope your buddys 100k account has something left, would be a shame if its gone up in smoke.

Well, not quite. He deposited another whopping $11.62 and is trading again
https://www.signalstart.com/analysis/forex11/194489


DIY ProTrader Signal Service https://www.diyforexskills.com/signal-service/

Testing Accounts
SuperHybrid Trader from EliteIT4U - https://www.fxblue.com/users/diybbtrader/printable (ignore trades prior to 04:00 27 Sep 21)

aiTrader from FXMath - https://www.fxblue.com/users/aitrader

Information, rebates and products -
http://www.diyforexskills.com

Offline diyforexskills

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Re: Some signals on SignalStart i am following
« Reply #13 on: May 20, 2021, 05:18:39 AM »
Why Lot Sizing Matters So Much When We Copy Signals
(Excellent article and a helpful tool; taken from https://www.mql5.com/en/blogs/post/23777/page4 )

"Three crucial elements in any trading system are the entry, the exit and money management. Even the best signal with perfect entries, brilliant exits and a high win rate can be disastrous if the whole money management logic is flawed.

Traders developing systems and signals spend a great deal of time optimizing and testing the money management logic, squeezing out every last percentage of profit and minimizing drawdown as much as possible. And depending on the system, much of this can be achieved by optimizing the lot size of a trade in proportion to the available equity, the risk/reward ratio and the probability of a successful trade. And if you subscribe to a martingale or variable grid trading signal, the lot sizing can be even more important than the entry and exit.

You're right to be cautious and only risk what money you can afford to lose, just in case the signal turns against you. But when you're signal copying, risking too little can actually be worse than risking more. I suggest you read that sentence again.

If you don't setup your signal copying account correctly, there is a very good chance that you will change the proportional lot sizing and hence change the whole money management logic of the system. You can easily turn a very profitable system into a losing money drain, and only pure luck will save your account. On the other hand, if you know how these calculations work, you can actually manipulate the system to increase the profitability of the signal (but of course the risk will also increase proportionally)."

I applied the tool to the signal I am intending to copy, https://www.signalstart.com/analysis/MySignalForex/197313, and realised I will have to move to an offshore broker so I can trade at 100:1 instead of 20:1 if I want to commit only $5K AUD and retain the providers money management logic. It's not just the risk we need to take into account, it's ensuring that we get the lot sizing variation of the provider synchronized with the variation in lot sizing on our subscribing account.


DIY ProTrader Signal Service https://www.diyforexskills.com/signal-service/

Testing Accounts
SuperHybrid Trader from EliteIT4U - https://www.fxblue.com/users/diybbtrader/printable (ignore trades prior to 04:00 27 Sep 21)

aiTrader from FXMath - https://www.fxblue.com/users/aitrader

Information, rebates and products -
http://www.diyforexskills.com

Offline 4xplosion

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Re: Some signals on SignalStart i am following
« Reply #14 on: June 01, 2021, 06:18:48 PM »
I will add this one to my Watch list (as well as Ordequity). Would be a quiet performer, only 5 trades pm but consistently profitable over 3 years.

https://www.signalstart.com/analysis/my-signal-forex/197313

Also noticed that Blackwave already has its own Thread on this board.

I've had this one on my watchlist since last year....very consistent returns...am seriously considering a subsciption.

 

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