Yearly Archives: 2012

New feature (member profile)

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Filed under Branding and URL, Forex, New Release, Social Networking, fxstat

On Tuesday 18th December 2012, FxStat released the “new look” member’s profile page.

We took the old profile page layout and gave it a complete make-over.

The profile page is the opportunity all members have to personalise their profile and allow other members to find out a little bit more about who you are, how you trade, and most importantly displays your account performances that each member has added to their profile.

We would encourage all users to upload a picture as this can really bring your profile page to life. There is also a “Biography” section where members can write a little about who they are, what their objectives are, etc.

There is a tally that shows how many followers a particular member has at any one point and there is the by-now very familiar stream of Activity that is displayed which shows all activity that is related to this profile, regardless of which trading account this activity takes place.

Finally, FxStat is of course a Social Trading website and a profile page would not be complete without displaying all a member’s connections. This allows other members to connect and interact with other members and their connections.

We always welcome users’ feedback and suggestions so feel free to give us any feedback on the new look and you are welcome to make suggestions which we would always be happy to receive and take into consideration.

So keep an eye out for the next Press Release and Happy Trading!

FxStat Blender

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Filed under Forex Analytics, New Release, Tradebook (AutoTrading)

The Blender

The Blender is a back-test performance checker that allows you to analyse the performance and return of a virtual portfolio of current and existing Signal Providers (or Forex Traders) over an investment period in the past chosen by yourself.

We believe this is a powerful tool that all trade followers should use prior to making their final decisions on which Signal Providers to add as they construct their actual and real portfolios. You can access the Blender from your Autotrading menu.


blender.png

The way it works is simple and takes place in three steps:

1)    Select the initial virtual amount you wish to start your virtual allocation with, and select the maximum broker-to-broker price feed slippage (as you may be following a SP who may be trading with a different broker to yours, therefore the price feeds of each broker may differ)

2)      Select the Signal Provider you wish to add:- search through the different signal providers that are available and select one based on your analysis of their results and past performance track record. This is viewable for each Signal Provider on their personalised performance page. Select the parameters including the currency spread that you are trading on with your broker:- select the amount you wish to allocate to each Signal Provider from your available virtual fund. Select the maximum percentage you wish to risk following this trader, select the trade size etc. Make your selections as if you were adding them to your real portfolio.

3)     Select the start period and end period (both in the past) that you wish to virtually follow the Signal Provider for.

4)      Repeat steps two to three until you have the required number of Signal Providers in  your virtual portfolio that you wish to “blend” together. Then click on “Blend”.
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blender 3 fxstat.png

The reason The Blender is highly recommended to be used by followers prior to making final decisions on which Signal Providers to follow is because it gives traders an idea of potential portfolio performance and potential growth of an account. The Blender enables followers to fully test the performance of a mixed portfolio of Forex traders based on each follower’s individual preferences and risk appetite over a historical period of time based on actual historical results traded by signal providers.

We very much hope you take advantage of this new feature and use it to improve your Autotrading decision-making and performances.


June Feature release

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Filed under New Release

Following are the lastest feature release by FxStat.

Pause – clicking on the ‘pause’ button will have the effect of temporarily halting the strategy. Therefore no new open trades will be mirrored or followed but any already existing and open trades will not be affected, and they will close as usual when the signal provider closes his/her positions. The signal provider will not be removed from the portfolio and will remain visible under the Portfolio field.

pause 1.png



See next screen


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The screen will look like the screenshot above, with the ‘play’ sign on display. Clicking on this will resume the following of this strategy.

Statistics – clicking statistics allows a client to view over 15 different reporting such as total profits, pips, lots & orders, which are all useful analytical measurements.


Update – clicking this will open a new window giving the client the option to refresh all open trades or all closed trades. If a client wishes to update both, they will need to carry out this operation twice, once for open trades and then for closed trades.


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See next screen

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Close all – this option allows a client to close all open positions simultaneously at the current market rate stated on the trading terminal. A new window opens asking the client if they are sure they wish to proceed.

close all1.png


One click trading – checking this box allows a client to close open trades without an additional confirmation pop up window. This can but does not guarantee faster execution of the close order.


one click.png

Export to Excel – this feature allows a client to export all closed trades data to an excel file for further filtering ability and analysis.

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A new window opens and allows a client to tick or un-tick any columns they wish to view or omit in the excel file.


New features

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Filed under New Release

We would like to inform you of the following changes, updates and new features

  • New bridge installer and bridge update: We have created a new bridge installer which will simplify the process of adding the FxStat Bridge to your accounts. The installer will automatically locate your metatrader platform and allow you to select the platforms you wish to install the bridge on and complete the installation process for all platforms in one step.
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Note:

As we have released a new bridge, please make sure to restart your meta trader and update your bridge to the latest version.

  • Update button in Autotrade platform: We have added an update button in  the Autotrade platform on the positions window which will allow you to ensure all trades are synchronized between the MT4 and Web platform.

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  • Signal providers order number: you will now be able to view the signal provider’s order number in your Autotrade platform as well as the traders performance page. This will allow you to easily identify all trades with your signal provider.

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  • Pending orders: Pending orders will no longer be opened on the autotrading platform. When a pending order of the signal provider reaches the market price, a market order for execution will directly be sent. This will speed up the process on your Autotrade account and trade execution will be even faster than before.
  • Commissions: We have added a commission column in the closed and open trades section. This will help traders using STP or ECN brokers.

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  • Trades statistics
    Statistics tab allow you to follow the revenue trend rom your signal providers and compare signal providers performance on your account.

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Analyse tab will allow you to filter your comparison based on currencies, signal providers and currencies traded by signal providers.

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  • Reverse trade: Reverse Trade might be risky for your investment. If you enable this feature, when signal provider goes long, your account will open a short position instead.
  • snap_2012.01.26_13h23m44s_019.png

Note:

Users that see an inactive position with grey P&L in Autotrade platform which is been effected after the release.

Direct connected account, you only need to disconnect the account from Autotrade page by pressing logout button.

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Then press login button. Fill the detail on connect account popup and press connect.



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Please keep tuned as we are working on some new and exciting features.

FxStat ISO 9001 certificate

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Filed under New Release

We are glad to announce that FxStat got the ISO 9001 certificate for its Middle East branch.

thomas davisthomas davis