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Hello everyone.
This is a post for both users and moderators.
I’m trying to find the best setup option to use the robots on a live account.
I have 4 topics that I want to mention.
First topic:
I tested V5.1 and V6.0, with the same parameters, on an FTMO trial account. I tested 2021, 2022 and 2023 separately and here are the results I got.
The parameters I used are not important, but I used 0 spread and News filter on. I will give you the results so you can understand the differences.
2021 – V5.1 – 1610 profit
– V6.0 – 7600 profit
2022 – V5.1 – 15121 profit
– V6.0 – 20485 profit
2023 – V5.1 – 7440 profit
– V6.0 – 13130 profit
As you can see, V6.0 is much more profitable in all 3 years.
Second topic:
From my tests, with exactly the same parameters, Gold produces much less profit in V6.0 compared to V5.1. In 2021 the profit is almost the same, in 2022 V5.1 produces double the profit of V6.0, and in 2023 V5.1 produces more than double the profit of V6.0. If I’m not mistaken, V5.1 is more profitable than V6.0, right? Maybe XAUUSD V6.0 needs some improvements or should we still use V5.1?
With USDCHF the situation is different: in 2021 both versions have the same profit, in 2022 V6.0 has a much higher profit, and in 2023 V6.0 has a much lower profit. So if we were to use the 2023 results, it would be more appropriate to use V5.1. Or depends, we don’t know what will happen in 2024.
But with all other pairs, V6.0 is definitely more profitable.
Third topic:
I did various combinations between news filter off/on and Spread 0/30, testing all 8 robots version V6.0 with the same parameters, for the whole year 2023. What I could observe.
At spread 0, the results are identical on all pairs regardless of whether the news filter is disabled/enabled.
4 pairs have identical results at spread 30 as well and regardless of News filter.
But I obtained a higher profit on 3 other pairs, if I set News filter On and spread 30, but with slightly fewer trades. EURAUD gained more profit with 0 spread, with only one more trade in a year.
Fourth topic:
After all these tests, I am inclined to believe that during a whole year it is much simpler to permanently use all 8 robots at the same time. With very low risk, of course.
Maybe I’m wrong, but I’m inclined to believe that we’ll have more profit and less wasted time if we don’t constantly follow top performers.
Please if there are other users who have had similar or different results.
I ask the moderators to tell me (or us), what is correct and what is not correct among my results and what advice they have for us regarding these topics.
Thank you very much.