How To Trade the FTMO Robots
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Petko does not recommend trading all 8 robots in an FTMO Challenge. He recommends trading just 1 to 3 robots.
To determine which robots to trade in an FTMO Challenge the robots should be tested in the FTMO Free demo account for a minimum of one to two weeks.
After testing the robots in a Free FTMO demo account the demo account should be linked to FXblue or MyFxbook. You will then be able to review the most profitable robots. You can then select the top 1 to 3 top robots with a minimum of 3 to 5 closed trades. If none of the top 3 robots have closed at least 3 to 5 trades continue testing.
Once you have determined the top 1 to 3 robots you can now add them to an FTMO Challenge.
Continue to monitor all 8 robots in the Free FTMO demo account on a weekly basis with FXblue or MyFxbook. If different robots become the top 1 to 3 performers move these to your FTMO Challenge and replace the old robots with the new ones. Once the 14 day Free FTMO demo account has expired, create a new one, and link to FXblue or MyFxbook. Continue monitoring the robots on a weekly basis to continue updating the FTMO Challenge with the newer 1 to 3 top performers.
Note1: It is not recommended to trade all 8 robots in an FTMO Challenge at one time. The reason for this is they will all generate profits at different times. The strategy is to determine which of the 8 robots are currently in profit and trade those in the FTMO Challenge while the robots that are performing poorly are kept in the demo account.
Note2: Each robot has an account risk of 1%. Trading 3 robots will result in an account risk of 3%. It is not recommended to allow an account risk of more than 3%.
Note3: While it is not recommended to trade more than 3 robots in the FTMO Challenge at the same time if you chose to trade more than 3 robots in an FTMO Challenge then the lot size of each robot should be reduced to keep the account risk at a maximum of 3%.
I also suggest the review Petko’s video on how to install and trade the FTMO v5.1 robots:
https://eatradingacademy.com/forums/topic/is-the-robot-available-for-multiple-funded-accounts/#post-219126
Alan,