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View Poll Results: Viewing system RETURNS and MAX DD in % terms would be:
Very beneficial 6 66.67%
Somewhat beneficial 3 33.33%
Not very beneficial 0 0%
Not beneficial at all 0 0%
Multiple Choice Poll. Voters: 9. This poll is closed

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  #16 (permalink)  
Old 05-11-2009, 02:40 PM
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Improvements

I have several ideas to improve the system:

1. When I bring up the raw trade data of an individual system, it would be nice to be able to export these results into a CSV file. Same functionality that is on the main system page but placed on the pop up window when you Hit "trade details".
2. It would be nice to be able to get a number of systems raw data exported to excel.
3. I field that would be great to have is how far down a system "travels" before it closes. Kind of like Max Drawdown. The difference is max drawdown is calculated once a trade is closed. What I am looking for is to see if a system often goes down 180 pips before closing for a 40 pips loss of even a 40 pips win.
4. the FSS client really slows my machine down,( and I have a fast machine, duel core, 4 gb ram etc.) Especially the longer it is running and the more open trades there are. Is there a way to speed this up.

Number 1 on the list would really help me out in picking systems.

Thanks,
Rob
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  #17 (permalink)  
Old 05-14-2009, 05:13 PM
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Quote:
Originally Posted by rwanders2424 View Post
I have several ideas to improve the system:

1. When I bring up the raw trade data of an individual system, it would be nice to be able to export these results into a CSV file. Same functionality that is on the main system page but placed on the pop up window when you Hit "trade details".
2. It would be nice to be able to get a number of systems raw data exported to excel.
3. I field that would be great to have is how far down a system "travels" before it closes. Kind of like Max Drawdown. The difference is max drawdown is calculated once a trade is closed. What I am looking for is to see if a system often goes down 180 pips before closing for a 40 pips loss of even a 40 pips win.
4. the FSS client really slows my machine down,( and I have a fast machine, duel core, 4 gb ram etc.) Especially the longer it is running and the more open trades there are. Is there a way to speed this up.

Number 1 on the list would really help me out in picking systems.

Thanks,
Rob
Good afternoon Rob,

Thanks for your comments and feedback. Can you do me a big favor and expand a bit more on the reasoning why points 1 and 2 would be helpful? What benefit do you gain by being able to have the trade data exported to Excel? Not saying you're wrong, I'd just like to know how the feature would be used.

Regarding your second point, I also find this to be VERY important and I have been working to get this implemented for some time. I think we are making progress and I'll certainly let you all know as soon as I have an update.

Point 4 has me a bit speechless. Let me pass that information on to some technical experts and see what I can find out.
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  #18 (permalink)  
Old 05-29-2009, 09:38 AM
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Minimizing Rick

Gavin,

To let you know where I'm coming from:
I have used several systems an several managed accounts. The profits usually come from many small trades and the losses come from a few very large losses. I have found that when a trade goes negative more than 100 pips it usually goes to -300 before it goes back to +0.

Most of the FSS systems I have used in a live or demo account have acted the same way.

A better question might be, What does the FSS system do when a trade is executed and there is no Stop Loss? I think the system defualts to 300? Could this be editable.
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  #19 (permalink)  
Old 05-29-2009, 01:31 PM
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Moorelw,

I see where you are coming from. Part of me wants to tell you you're trying to make a system work that doesn't really offer what you're looking for. However, you are correct, a 300 pip SL is placed on trades executed without stop orders attached.

The system provider can always override this, as can you. But, I will look into your suggestion as an option. I'm currently putting together a "wish-list" of features and changes that will be passed to Tradency for the next trading station release.

I'd be happy to put this suggestion in there or at the very least think of ways to approach this issue.

Out of curiosity, what criteria do you use when selecting systems? And how much risk capital are you willing to throw at a system before you pull the plug?
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  #20 (permalink)  
Old 05-29-2009, 07:08 PM
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enhancement

Hi,

I'm newbie (since monday) on all this but after speaking with David, he suggest me to post my ideas.

Idea 1 - button to disable a system (s) without removing it.

Since every friday afternoon until sunday afternoon the trading operations are closed, I have though of disabling all the system under the portfolio in order to prevent them from leaving opening positions. This could be done on thursday night or early friday morning and restored on sunday afternoon. My point is why leaving opening positions on friday and have no control on that for 2 days!!!

So on the user interface, everything is there to do that except the button, you already have the checkboxes, why not adding a new button (a title beside export to excel) for disabling the ones you like instead of removing the system (garbage can). If you remove the system that you liked it, then you have to search for again to add it back!!!

Idea 2 - adding a system from performance tab

Why we cannot do that? or why from the portfolio tab we don't have the same features than the performance tab???

Idea 3 - Grouping system under a name and enable/disable it

Example 1.
this morning I feel like a warrior, then I select my groupname <agressive>, in this group, the systems are more agressive.

Example 2.
tonight I feel like a deflated baloon, so I will select my group <depressive>, in this group, very conservative.

So, instead of changing the systems (adding/removing) all the time to suit your feeling or to follow the market, then you just enable/disable a group of system.

Idea 4 - under positions tab, be able to close all opened positions in a click

Having a checkbox beside each of them, a button to select all, and a button to do an action that could be for now: close position, for later, I don't know but there can be many things that could apply like changing the limit/stop with a percentage of the existing values.

Thank you for reading
Serge
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  #21 (permalink)  
Old 05-30-2009, 09:18 AM
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enhancement

second try, hope this time my post will get here otherwise I will unsubscribe right away!

I have been told to post my ideas by David.

Idea 1 - disable/enable button under portfolio tab

this would allows one to disable/enable a system without removing/adding it, the purpose of that is to disable all system when you don't want any action to be taken on friday when the trading system is closed allowing us to not leave opening position.

how: you already have the checkboxes there, just put beside export to excel the title: disable/enable

Idea 2 - grouping one or more system under a name and disable/enable that name

this would allows one to take advantage of a particular trading time when you knows something is happening (gbp/usd, eur/usd this week). for example: agressive group would contains agressive systems only while another group like lazy group would contains conservative systems.

how: combobox at the top of a system list where you select the groupname that contains system attached to it, in this combobox, and beside that you would put a button for adding/deleting a group.


Idea 3 - adding a system under performance tab

why there is no button to add an interesting system after analysing it?
OR why under portfolio tab when searching for a system, we don't have the same feature as performance tab?

Idea 4 - multi filter/sort under performance tab

why not doing the same thing as excel? I know it is going to be more work but at least be able to apply more than just one single sort up/down?

how: maybe having a button saying multi-sort mode, then when you select a column, it will be the first sort, then you select another will be the second sort, and so on...as soon as you uncheck the multi-sort mode,then the list come back to its original position
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  #22 (permalink)  
Old 05-31-2009, 07:41 PM
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one more very important idea...

to be able to select all current opening position (checkbox select all) and close them with one click!

what happened tonight at 18:30, I opened a manual position of EUR/USD with 100k, and it produced 13 opened position with the same factor!!! holly smoke! what a freaking situation! for a minute, I could close all of them because I was suddenly in a winning position, but after few minutes it start to go down, I phoned the people at fxcm about that, this is a bug in the system selector and very easy to check since how can I open 13 positions with the same buying price!!!! the price is always changing, so this is impossible manually.
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  #23 (permalink)  
Old 05-31-2009, 08:39 PM
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another idea/bug fixed

remove that <open manual position> and fix your bug in your software.
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  #24 (permalink)  
Old 06-01-2009, 08:57 AM
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selecting systems

Gavin,


(Out of curiosity, what criteria do you use when selecting systems? And how much risk capital are you willing to throw at a system before you pull the plug)

1. Profitable over last 3 months
2. Max DD < 400
3. Max trades <= 2
4. Win % > 85
5. System that has multiple profitable pairs not just one.

I am using several OneFX and OneFX Samurai systems now. Very please with the results. 10% profit last week.

Currently I am risking $3,500 to be increased to $10,000 when my chosen systems are consistantly profitable.
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  #25 (permalink)  
Old 06-01-2009, 09:30 AM
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bug in system selector

do not use open manual position, there is a bug in that.
yesterday, I open 1 manual position, and it produce 13 opened position at the same price!!! make me lost 4000$, I am trying to dispute that with the desk at fxcm.
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  #26 (permalink)  
Old 06-01-2009, 09:06 PM
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Join Date: Mar 2008
Posts: 37
Gavin Minnis is on a distinguished road
Quote:
Originally Posted by sbe07 View Post
Hi,

I'm newbie (since monday) on all this but after speaking with David, he suggest me to post my ideas.

Idea 1 - button to disable a system (s) without removing it.

Since every friday afternoon until sunday afternoon the trading operations are closed, I have though of disabling all the system under the portfolio in order to prevent them from leaving opening positions. This could be done on thursday night or early friday morning and restored on sunday afternoon. My point is why leaving opening positions on friday and have no control on that for 2 days!!!

So on the user interface, everything is there to do that except the button, you already have the checkboxes, why not adding a new button (a title beside export to excel) for disabling the ones you like instead of removing the system (garbage can). If you remove the system that you liked it, then you have to search for again to add it back!!!

Idea 2 - adding a system from performance tab

Why we cannot do that? or why from the portfolio tab we don't have the same features than the performance tab???

Idea 3 - Grouping system under a name and enable/disable it

Example 1.
this morning I feel like a warrior, then I select my groupname <agressive>, in this group, the systems are more agressive.

Example 2.
tonight I feel like a deflated baloon, so I will select my group <depressive>, in this group, very conservative.

So, instead of changing the systems (adding/removing) all the time to suit your feeling or to follow the market, then you just enable/disable a group of system.

Idea 4 - under positions tab, be able to close all opened positions in a click

Having a checkbox beside each of them, a button to select all, and a button to do an action that could be for now: close position, for later, I don't know but there can be many things that could apply like changing the limit/stop with a percentage of the existing values.

Thank you for reading
Serge
Serge,

Thank you for your comments. And let me say, I'm sorry for the delay in my response. I don't monitor this forum everyday. It's not quite as active as many forums as it's primary use is to log ideas and requests. I'll certainly get to it every couple of days but I might not be as speedy in my responses as you'd hope.

Now, to your suggestions. Your first idea is wonderful. I think a "disable" feature would be very nice. I can see a number of reasons why that could come in handy.

Your second idea brings light to a good point as well. Why there is a performance tab and portfolio tab that offer more or less trade data, I don't know. This issue will be brought up as well.

Your third point has been discussed among myself and other colleagues before. I think it too is a great feature to have as well. Being able to setup multiple portfolios that you could add or remove at the click of the button could be really nice.

Closing all positions is something that should be added to the platform soon. In fact, this feature was available up until about a few weeks ago. The feature was removed but will be brought back at some point.

Thank you for all of your thoughts and ideas.

All the best,

Gavin Minnis
gminnis@fxcm.com
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  #27 (permalink)  
Old 06-01-2009, 09:15 PM
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Quote:
Originally Posted by moorelw View Post
Gavin,


(Out of curiosity, what criteria do you use when selecting systems? And how much risk capital are you willing to throw at a system before you pull the plug)

1. Profitable over last 3 months
2. Max DD < 400
3. Max trades <= 2
4. Win % > 85
5. System that has multiple profitable pairs not just one.

I am using several OneFX and OneFX Samurai systems now. Very please with the results. 10% profit last week.

Currently I am risking $3,500 to be increased to $10,000 when my chosen systems are consistantly profitable.
Moorelw,

Not a bad approach and I've heard a number of clients recently talking about the OneFX Samurai systems. Sound like they might be promising but most of them have only been around a few months or more. Make sure to keep that in mind.

Also, I really recommend factoring in the Risk Adjusted Return (RAR) when you pick systems. In my personal opinion Max DD and RAR are the most important data points. Win% is very misleading and doesn't tell you a lot. Be careful not to rely too heavily on it.

Happy trading,

Gavin Minnis
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  #28 (permalink)  
Old 06-04-2009, 09:15 AM
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New Filter Feature in FSS

By the way, I hope everyone saw the new filter feature that I got Tradency to add to the platform. You can now filter the systems by a number of criteria like Max DD, # of positions, pip return, RAR, etc.

No More Excel Filtering!!!! Hope you guys enjoy it.

Also, I've had some good conversations with Tradency about how they can approach the next version of their webclient. We're off to a good start. Although they are currently in the early stages of R&D for the new version, the plans and the approach is on point. I'll keep everyone updated as often as possible.

Lastly, keep your comments, suggestions and recommendations coming. You all are the end-sure. Your input is MOST CRITICAL.

All the best,

Gavin Minnis
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  #29 (permalink)  
Old 06-11-2009, 10:06 PM
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improving input

Hi Gavin....
Here's some improving input:
1. Max real drawdown has ever made - not just after the trades closed
2. Filtering by max stop loss per system and per pair
Some system with multiple pair in the info tab says they have average stop of 50-600 pips on 5-6 pairs. It will be much better if the max stop loss can be filtered also as well as max dd and max position.
3. Average open trades time (it is differrent to have system that average closing position ini just 5-12 hours with system that closing position in days)

Do you have live acc to share on the FSS systems?
Thanks anyway
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  #30 (permalink)  
Old 06-17-2009, 09:04 AM
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Support for some feature requests

There are a number of features which would really be valuable to me. They have already been mentioned, but I would like to know how woon they will be introduced because it will affect how soon I migrate from demo account to live:

- trade details list showing stop loss, limit/TP, high, low in addition to open and close

- the ability to suspend signals on one's account without having to remove providers from the portfolio. Also ability to temporarily suspend signals from a particular system without removing it from the portfolio

- ability to create several portfolios and enable/disable them at will

Please discuss with Tradency and come back with some indication of how woon these features will go live.

Thanks. You guys are doing a real great job
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