Articles

Less Analysis / Signals

745   September 22, 2017 17:33   SwingFish   SwingFish Updates  

Just to give you all a heads up, due to the current market situation

• German election
• Interest rates
• some artificial stuff going on

There may be less signals, as fundamentals do now play a much larger role.

Stay tuned, we wonÂ’t give up!

You are more than welcome to join our chatroom for realtime informations and updates

German Election !! Beware of Volatility Spikes !

757   September 21, 2017 03:09   SwingFish   SwingFish Updates  

Beware of some Volatility issues may happen because of the German Elections.

especially for the DAX(DE30/GER30), IT, ES, and FR Indicies.

and all EURO Based Forex Currency Pairs

I personally believe the dax will drop right after the opening .. via a considerable Gap .. and fade.

Challenge Account Balance Differences

575   September 18, 2017 00:04   SwingFish   Trading Room Journal  

Total Gain after closing on Friday is +8.9% but the account Balance is higher due to Commissions (IB, mirror, and refunds) has been paid as well.
so Sunday Closing Balance was $ 1359.36

I will withdraw the commissions from the account to reset the account to the current gain of 8.9 %.

Monday opening Balance will be: $ 1089.00

Show me the Differences

well first we have to remove the initial Balance of 1000$
plus the gain of 8.9% (89$)

leaves us with 270.36$

226.92$ are from IB Commissions paid to this account (this is unrelated to the challenge)

Additionally, 43.44$ has been paid as Mirror Fees to the account.
resulting in other users copy trades and pay a marked-up commission of 5$ per Million traded.
from this 5$ the account receives 66% (rest is shared with the broker and Spotware for executing the trades)

as you can see by this example,
it is possible to make honest money with providing additional Services as a Trader.

without the need of posting photos of rental Ferraris or fake Watches on Instagram
or charge users 50$ for a Signalservice or “Education”

Signals Update 1 – 15 Sep. 2017 +3577 pips

558   September 16, 2017 13:48   SwingFish   SwingFish Updates  

in our Discord Chartroom

a few Analysts do regular Provide Technical and Fundamental analysis of the markets.

you can see and follow them Live in our free Chatroom in the channel #analysis

here is a quick Result map of one of our Friend and Analyst Yaser Alwawi

P.S. all this achievements where called before in our Analysis Channel on Discord and on this website in Forex Analysis

(more…)

SwingFish Helper Changelog

3524   September 12, 2017 12:29   SwingFish   SwingFish Updates  

Version History of SwingFish Helper Algo

Swingfish helper has now a dedicated page !
check https://swingfish.trade/swingfish-helper

SwingFish Helper (GlobalTP+)

closes all position once a target is reached!

TP Part closes ALL Trades and Deletes All Orders once the equity or relative Profit is reached

TP Active: ON/OFF Switch for Take Profit Functions
TP Active does NOT Deactivate Margin Call or Hedge Settings !!
TP Profit: Amount all trades combined have to be in profit to close all trades
TP Equity: Equity to reach to terminate all trades and delete all orders
Margin Call: Equity to close all orders (must be smaller than balance)

Hedge places Hedge Orders to Protect Account
Hedge Distance: Distance in Pips to Hedge (this works only at the first trade !)
once more than 1 Trade is open in the same Product, this setting will be ignored
Hedge Max Loss (%): once all positions in the same Product have a combined loss of XX percent based on the account balance .. hedges will be placed
WARNING: opening new positions afer the Hedge Loss value is smaller than the loss.. the Algo will Immidealty place another hedge to cover !!
Hedge All: if Active, ALL Products will be hedged / if Inactive only the Current Product will be hedged

Changes:
– color for idle and losses brighter
– comment if only hedge
– replace Hedge Global with Hedge ALL
– export Hedge and GlobalTP to functions
– fix global position hedge
– include hedge bot (1.01)
– starting version 0.3 name is changed to “SwingFish Helper” (previous “GlobalTP+”, last version 0.23.2)
– async close for faster execution
– use 100 ms Timer to make it more responsive
– remove cents display
– better text and display equity percentage
– reset equity OnTick
– bug in calculating the total equity
– use net instead of Gross
– convert api names to new version

Thank you Donald Trump (28% gain in 1 day)

762   November 12, 2016 12:10   SwingFish   SwingFish Updates   DAX

The aftermath of the elections had a massive selloff as a result which imminently normalized.

Resulting in a whopping 28% gain on the Trading room Account.