Forum: MetaTrader and Collective2
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| Subject: | Does TradeMonitorBasic EA work? |
| Posted by: | Nick Anderson ( C2 Score: 113 ) |
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| When: | 1/13/12 (0:53) | |
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| | I entered all the correct information into inputs and my trades are not being reported to C2... |
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| | In response to post by Nick Anderson of 1/13/12 (0:53) I entered all the correct information into inputs and my trades are not being reported to C2...
I see from the logs you are using quantities like "0.01" lots.
C2 forex requires a minimum trade size of 1.
So, if you are trying to trade in units of 1/100's of lots, you'll need to multiply all your quantities by 100x. (You may also therefore need to rescale your system capital to 100x to be able to support this. Let me know by private email if you want that.) |
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| Subject: | Does TradeMonitorBasic EA work? |
| Posted by: | Nick Anderson ( C2 Score: 113) |
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| When: | 1/13/12 (12:28) | |
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| | In response to post by Matthew Klein of 1/13/12 (7:02) I see from the logs you are using quantities like "0.01" lots.
C2 forex requires a minimum trade size of 1....
See entire
Thanks Matt. I did that, but my trades are not being reported accurately and on time and I get a ton of error messages. My live MT4 account doesn't seem to translate well to the C2 platform. What can be done about this? |
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| | In response to post by Nick Anderson of 1/13/12 (12:28) Thanks Matt. I did that, but my trades are not being reported accurately and on time and I get a ton of error messages....
See entire
Nick:
You have to be a little more specific. What do you mean "you get a ton of error messages"? Specifically, what error messages do you get? When exactly did you get them? For which system id?
You should contact the developer of the MT4 software, who is an independent software developer who sells that product. You can reach him at MT4help@collective2.com. Usually he will ask you to send your log files for your MT4 interface, so if you are able to do that when you initially contact him, you'll speed up the process of diagnosing what's going on. |
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What is the C2 Score?
Collective2 rates every trading advisor in its database and assigns a score between 100 and 1000.
In general, a rating above 500 is good. A rating above 700 is excellent.
Collective2 Ratings are recalculated daily based on the entire performance history in our database. The exact formula we use is proprietary, but there are several key variables that go into the Collective2 Rating. One of the most important factors is the length of time we have been able to observe the performance of the trader. Another key factor is the amount by which the trader over-performs or under-performs the S&P 500 index. Finally, the choppiness of the trader's results is taken into account. Certainly a more consistent trader will be rated more highly than a trader with erratic results.
