Hi i followed the video step by step but i cant seem to change the timezone on the imported data from the premium data base, forex historical data app

Hi Melvin,

Go back to the Historical Data App and click on Settings.

Alan,

Hi Alan,

I have tried it and changed multiple timezones, but the data time still does not change

<p style=”text-align: right;”>Hi,</p>
I am taking the 21 day course, and am just wondering about your EA’s the “GBPUSD M1 Scaling, USDJPY M5 scaling” I noticed they do not have Take profits of stoploss.

I am a new trader, so I don’t understand this stuff. Could you please advise me if I need to set up a stoploss, and if not, why not?

Thanks

Jacob

Hi Nake,

The EAs that do not have a TP or SL will have an indicator built into them that will determine when to take profit or close with a loss.

Alan,

I’ve just implemented the the 5 EA’s on a demo account and the first two trades have been opened. One question I have is, what is the default risk lot/percentage? when manually trading, I typically risk 1-2% of my account per trade. Can this be adjusted on the EA’s?

Thanks
Ray

Hi Raymond,

Go to upper right corner of the trading chart and right click on the smiley face or blue hat. Select Expert Advisor, Properties, Inputs. There you can adjust the lot size.

Alan,

Thanks Alan

Hello,

I also want to have good control over the risks (as much as possible). As Raymond said 1 or 2%. But in manual trading I learned to scale my lot size based on the amount of pips I place my stoploss. I used fxbook for this. But trading with the ea’s gives random stoploss positions. So what’s the best way to calculate the lot size for an ea. Now I use for a 10000 usd demo account 0,1 lot size for each EA.

Cheers,

Maarten

Hello,

I’m using source Premium Data 15 min for gold, but it gives me no strategies. With the same settings I can generatie 10000’s of strategies for forex pairs… Something special with gold? Oh, and I use data horizon for last 4 years..

Thanks,

Maarten

Hi Maarten,

Is the Acceptance Criteria too strict for gold?

Alan,

I turned off the acceptance criteria now I see more happening:

But without the acceptance criteria I accepte strategies with min net prof below 10 and below 100 trades… I don’t think that’s what we want..

Hello Alan,

No nothing special:

I have no clue?

Hello Allan,

No, nothing strange:

I have no idea.. 15 minutes works for every pair. Maybe I should try a hour?

Cheers,

Maarten

Hello Alan,

But how do you trade the strategies that come out of the generator. How do you trade strategies with the big stoploss sizes,is that even possible… Can you give an example on xauusd with a stoploss of 819725 pips when I use a 10000 USD account. The risk I want to take is 2% with every trade without a leverage… Can you explain why you can make the scope for gold so big for the amount of pips?? Is gold that volatile?? It’s the only thing I’m worried about with the products you deliver. It would be very helpfull if there could be more information about risks with examples and the stragies you create. The position size calculator I use https://www.myfxbook.com/forex-calculators/position-size can’t even work with stoplosses this high 819725…

Hope you can help more with risk management and the specific bots you create.

Maarten

i would like to open a %100 dollar account.

i have registered with blackbull and use the MT5 platform.

currently im trading on a demo account using the 5EAs that came with the 21day programme, which im still busy with

please can i have advise on the best approach on such a small account, what lot sizes, which specific EAs should i use, should i use all 5 at once and should i use MT4 or MT5

please assist

Thanks, Alan. It’s so much information. This makes things much more clear. I’m getting a better feeling about the services you deliver :)

Hello Tsholo,

Great work and congratulations so far! I’m unable to advise you on your financial activities as I’m not a financial advisor.

MT4 or MT5 is up to you and your preferences. I like MT5 as I find it has a little better functionality.

Which EAs have you found to have the best results so far? Which tracking software are you using? FXBlue?

And how much are you willing to risk per trade? 1% is usual practice, or less to help build confidence in the robots and the process.

What do you think? Does that help you formulate a plan?

Warmly
Matt

Iam using MT5 on with a blackbull demo account.

USDJPY and EURJPY has been the most profitable so far.

i have not started tracking yet, but i will be using FX blue.

i have readjusted my settings to 0.01. i have been told that your EAs are optimised for $10 000 accounts. so i need to increase the amounts.

this has been helpful. thank you Matt.

Hi,

I am very new to trading and EA’s. I am following the course but don’t understand what needs to be done with the inputs. The EA set files I downloaded show different inputs to the the ones on the screen. Do we change them to match the ones on the screen or do we just leave them as they are? Should we make any changes?

Thanks

Hi there,

The EAs that are included in the course get updated regularly, so the settings may be different from those in the course. You can use them as they are without changing any settings.

Ilan

Hey everyone,

I’m currently at day 7 of the 21 day program so bear with me if this does get explained in later videos.

I’d like to get a bit more insight into how strategies are used once they are generated.

From what I can gather the process is as follows:

• Produce new strategies once a week/month
• Demo the strategies for 2-4 weeks
• EA’s that are profiting can be moved to a live account. Others can be removed / disregarded

Now, this is what I’m unsure of. If I produce another 30 EA’s that have promising results do I put these on a separate demo account to test? Once they pass the 2-4 week trial do I place them on the same live account or another one?

If EA’s are not performing well on the live account anymore do I start removing them? Should I continue trading strategies after 1 – 2 months if I’ve generated new ones that are ready for a live account e.g. out with the old, in with the new?

I’m just trying to think of logistically how people manage portfolios after they’ve found a profitable EA and moved it to live.

Thanks team :)

Hi  Guys

Just wondering if it’s possible to use EA studio to improve another EA’s feature to make it more effective.

Appreciate any constructive inputs

Joeforex

Hey Stephen,

It’s really up to you. It can get quite difficult to monitor hundreds of EAs on multiple accounts. The easiest way to do it, is create a collection, and then use the Validator in EA Studio, say once a week to check how any or all of the EAs would have performed in a given time period.

Please let me know if this makes sense.

Cheers,

Ilan

how do we know when the EAs get updated :’)
Should we check back here every 1st of the month or do we get notified somehow?
and should we just change the input parameters manually or is there another way?

apart from the EURJPY bot my EAs are performing rather badly so far and I’m curious if all the parameters are up to date.
Thanks for help! :)
Sebastian

Hi Sebastian,

Generally, the EAs are updated within the first few days of the month, and always attached to the same lecture, so simply check it towards the end of the 1st week of the month.

EAs will go through profitable and unprofitable periods depending on market conditions, which are affected my many factors. Have you connected your account to FXBlue, to get a clear idea of which strategies are currently performing best?

Thanks,

Ilan

Hi Ilan,

ok thank you so much!
Yes, I have it linked to MyFXbook and will keep monitoring :)

Cheers,

Hi there!

I notice that even if I have a fixed lot size (0.05, testing on 5000 USD), some trades was open with risk of 2%, some with 1%, some less. Is there some rule which I mised?

I set a “high news filter” and let default closing time of 2 minutes, but trades keep runing so I closed some of them manualy. What is the solution?

All best …

Hey Zoran,

Which robots are you referring to? If it’s the Prop Firm Robots, before downloading, you select the risk setting. If the same EA is opening trades with different risk settings, there might be an issue. Please send me some screenshots so I can take a closer look.

In terms of the news filter, if trades are already open, they won’t be closed, but no new trades will open before and after news, according to the settings you selected.

Thanks,
Ilan

Hi all,

thanks for reading the post, and for the course.

I’m trying out the EURUSD EA M15, I have questions on how to input the setting.

I follow the SL/TP,

Stochastic signal: %K = 21, %D = 7, slowing = 30

what about the Exit conditions?

where do I input for the envelopes: period = 3, Deviation% = 0.25?

EA setting only mentioned Entry protection/ daily protections/account protection.

please help. thank you

William

Hi William,

It seems people are slow to post on these forums. Perhaps send Support an email?

I use a SL of 10 and TP of 20 for the EURUSD 15M EA.  For the USDJPY, I use -15 / +30.  This suits my comfort level of trading. I also keep an eye on the Daily and 4H trends and (if I’m lucky) if I notice it take a trade in the opposite direction, I’ll keep a very close eye on it or get out early.