Signals missing history

[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?

[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]

Okay but then how can previous trades/gains be 'verified' if the signal becomes active on a platform at a later date?

[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]

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.

[Yane Avramoski]

Jaap:
Okay but then how can previous trades/gains be 'verified' if the signal becomes active on a platform at a later date?

also waiting on same answer/response! previous gains not showing but drawdown showing!! how does that even make sense

[Sergey Golubev]

Yane Avramoski:

also waiting on same answer/response! previous gains not showing but drawdown showing!! how does that even make sense

Drawdown (47.2%) is showing because big drawdown (more than 30%) is very risky/dangerous for subscribers so the potential subscribers should know about it for this signal. And abnormal monthly growth (1486% in January for your signal) is ignored to protect potential subscribers as well.
read this page https://www.mql5.com/en/forum/293903 for more information from the service desk.