Hi Bob,
Sorry to hear you are having problems being successful using the Top10 app robots. The problem I see with using the Top10 app robots is that they are created and tested using Blackbull historical data. The problem with historical data is that it is difference with with many difference forex brokers. So, you have two options. One option is to use the Blackbull forex broker, or two, test the robots with your broker. This is what I did. I downloaded all the Top10 robots and backtested them all with Oanda to find which ones produced a nice balance line. From this test I then picked the best performing ones to trade. Notice with the Top10 robots I am trading on Oanda I call it a test. This is because I want to test them for about four to six months before trading them on a live account. This test account is still doing very well with a balance of $110,500 or 10% over the last 90 days.
Hi Zoran,
When you move a robot from a demo account to a live account there are two things you should do. One is to make sure you are using the same broker for both the demo and live accounts. Secondly, keep the robot on the demo account and also on the live account. This will let you know if the demo account and the live account are using the same historical data. By doing this when you see the live account in a drawdown you can check the demo account to see if it is also going through the same drawdown. What you did by moving from a demo account to a live account and found that with the live account the robot starting losing you don’t know if the live account is the problem or if it is just going through a drawdown. If you find the demo account and the live account produce different results you can always use a trade copier. I use the free trade copier from FXblue to do this very thing. I test all my robots with just one broker and when I want to trade them with a different broker, such as a prop firm, I use a trade copier.
Guys, also note I am no longer using the forum or adding content. I do however, get an email when you guys post something so I can still respond to questions but I will not be adding content once a week.
Alan-