Signals missing history

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Jaap
208
Jaap  

Many signals appear as 'new signal' but with a history of sometimes more than 6 months. However their drawdown history only shows from the new starting date which is often no more than a few weeks.

Why is the trading history present but the drawdown history not? And maybe the same applies to the deposit load?

Juvenille Emperor Limited
Moderator
11388
Eleni Anna Branou  
Jaap:

Many signals appear as 'new signal' but with a history of sometimes more than 6 months. However their drawdown history only shows from the new starting date which is often no more than a few weeks.

Why is the trading history present but the drawdown history not? And maybe the same applies to the deposit load?

Yes, this is a common problem with all signal copying platforms, they can't detect the real and live drawdown of alread closed trades of a signal, if they are connected with them at a later date than their creation.

Jaap
208
Jaap  
Okay but then how can previous trades/gains be 'verified' if the signal becomes active on a platform at a later date?
Juvenille Emperor Limited
Moderator
11388
Eleni Anna Branou  
Jaap:
Okay but then how can previous trades/gains be 'verified' if the signal becomes active on a platform at a later date?

Past trades data are coming from the trading account's history and are true (for most brokers that is), the only part of trading history that cannot be retrieved is the live/open drawdown of already closed positions.

Daniel Stein
59436
Daniel Stein  
Jaap:

Many signals appear as 'new signal' but with a history of sometimes more than 6 months. However their drawdown history only shows from the new starting date which is often no more than a few weeks.

Why is the trading history present but the drawdown history not? And maybe the same applies to the deposit load?

I recommend asking for the Myfxbook Stats of the entire account history.

They are able to calculate the historical drawdown even in hindsight based on OHLC data.

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