FTMO Robot – Not placing trades

[Marisa Morabito]

Hi, I have installed the robot, and have used them in the past with other companies so I am not a newbie by all means. But I am having a difficult time with this getting it to place a trade. The smily face is on, I made sure to select auto-trading prior to adding the chart, and the time-frames are accurate. Any other suggestions on why it isn’t working?  I have it set on the M1 so I would have thought many trades should have been placed as it has been running non-stop since this morning and it is now evening here. Looking forward to getting this to start trading, thanks! 🙂

[Alan Northam]

I back-test the FTMO Robot on an FTMO Demo account. My results from Aug 1, 2023 through Aug 15, 2023 shows the robot took approximately one trade per day.   My back-test from Aug 16, 2023 through Aug 29, 2023 shows the robot approximately one trade every other day. Here is a link to my back-testing:

FTMO DEMO

[John Morey]

I have the same issue as Marisa. loaded properly with smiley face for 4 days now and still no trades have been opened. is this normal?

[Alan Northam]

What size is your account and lot size?

[Janek]

Could you go to Experts tab and see if you are getting any errors?

[Marisa Morabito]

25k no errors in experts tab on my end. This has been running now non stop and still not 1 trade placed?

[Alan Northam]

Can you show a screenshot of your settings?  You should be seeing at least on average one trade every other day!

[smartkary]

[Alan Northam]

Add M30 to your chart and see if the error goes away.

[smartkary]

I have placed all 07 FTMO bots … except EURUSD, all other bots are placing trades.
But not a single EURUSD trade in last 03 trading days. Not sure if the Error code 4200 is blocking anything in EURUSD bot

[Justin Wood]

My ftmo bot is not placing trades either and have no error codes I’ve done everything in the guide all pairs are within the spread limit I’ve even put it m30 with home key and back to m1 again and the market spiked not long ago surly it should have placed a trade

[Alan Northam]

Make sure you have installed the EA properly and that the icon in the upper right corner of the trading window shows a smiley face for MT4 or a colored icon for MT5.  If so then it should be ready to make trades.  I monitor the FTMO EURUSD robot and the last time it placed a trade was on 09/14/2023 at 15;30.  What size account do you have and what are your lot size settings.

Here are recommended lot sizes for each account size:

200K Account: Amount for new position = 6.0 / Maximum position amount = 6.0
100K Account: Amount for new position = 3.0 / Maximum position amount = 3.0
50K Account: Amount for new position = 1.5 / Maximum position amount = 1.5
25K Account: Amount for new position = 0.75 / Maximum position amount = 0.75
10K Account: Amount for new position = 0.30 / Maximum position amount = 0.30

[The Investor]

Hi guys,

I can’t seem to do backtests with the robots.

– I believe to have loaded enough data on my charts (using the home key)
– All settings should allow me to do a backtest

I’ll include screenshots, can anyone spot a mistake in my setup?

Thanks in advance

[Alan Northam]

Does M1 historical data go back to Oct 1, 2023?

Also start with smaller lot size such as 0.3, and 0.3.

Also I must advise that MetaTrader does not do a good job with backtesting!  The creator of FSBpro recognized this years ago and decided to develop a much better backtester.  FSBpro and EA Studio are the best backtesters available!

[Ruben Alday]

The same as some above traders, the FTMO ea does not take any trades; I set it up according to videos. Please advise. Thanks

[Alan Northam]

Hi Ruben,

I see you just installed the FTMO EA on Oct 11.  The FTMO EAs don’t necessarily place trades everyday because of the M30 filter.  Give it another day or two and you should see a trade being placed.

Alan,

 

[Gary Wenger]

What is the minimum number of bars that are needed for the M30 filter to work properly? My demo account only provides 30 days of history on the M30 chart. I tried holding down the home button and it did not make any difference. Is there something else I can do to add more data for the M30 timeframe?

Gary

[Alan Northam]

Hi Gary,

Go to Tools>options>Charts

Then go to ‘Max bars in history’ and fill in the white space with 999999999999999

Then go to ‘Max bars in chart’ and fill in the white space with all 999999999999999

Then go back to chart and hold down HOME key and see if you get more data.

If this does not work then you will need to add premium data to the chart.  Let me know how it goes!

Alan,

[rodwick solomon]

can someone tell me why the robot has not made any trades with my settings? i have these disabled notes in the journal section and no codes under expert.

 

[Alan Northam]

This is most likely an issue with your broker.  Try a much smaller lot size.  Also, does your broker allow auto trading with EAs?

[rodwick solomon]

yes broker allows EA’s

[Alan Northam]

Good!  So maybe there was a reason your broker wouldn’t allow trades to be taken at that time.  Maybe wait and see if it will take trades in the future.  I would close your computer and restart it and then see if it will start taking trades.  There is nothing wrong with the EA and it looks like it is installed correctly so the issue has to be with the broker.  Keep me posted!

[vsynohach]

I already install my robot, but how I can use?

[Alan Northam]

You need to remove the robot from the chart. Then click the Algo Trading button in the tool bar so it turns green. Next reinstall the robot on the M15 chart. Now it should be turned on!

Alan,

[vsynohach]

Hi, I’m reinstall, but how I check, because 0 position.

[Alan Northam]

It is now working!  Now just be patient and wait for a new trade.

Alan,

[vsynohach]

2 Days without postition, It’s normal?

[Alan Northam]

I also have FTMO v5.0 running in FTMO 10K challenge.  Right now I have no open trades.

Alan,

[vsynohach]

Can I close MT5 or my computer should to on?

[Alan Northam]

You must keep your computer running from Monday through Friday.  If you close your computer MT5 will stop working so any open trades will not close if TP or SL is hit.  If you cannot keep your computer running then you would need to have a VPS.

Alan,

[Emre Karademir]

i have all 8 bots running on roboforex demo account and it opens trades everyday but on my tft prop firm challenge account it doesnt open any trades i got 3 of them bots running there but the 3 opened trades on roboforex but not on prop challenge sadly someone got the same problem ?

[Emre Karademir]

it even shows on 2 charts the arrow where it supposed to open the trade but it didnt for some reason

[Ilan Vardy]

Hi Emre,

This sounds like a problem with the broker or their server. Slippage maybe. Or it could be a problem with the auto trading. I’d suggest making sure your auto trading is enabled, you see the smiley face (or hat in the case of MT5) in the top right hand corner. If all settings are confirmed as correct, run a backtest. You will see trades that should have opened. Then contact the prop firm and enquire with them why the trades didn’t open, when they clearly should have according to the backtest. Also, check the journal for any errors.

Cheers,

Ilan

[Emre Karademir]

ok i will try to write the prop firm but auto trading is on bc other eas took trades on the same account and there was the smily

[Vasile Popadiuc]

Hello, I have installed the robots following the instructions and they do not algo trade on their own.

I have installed them, then compiled them, then turned on algo trading in MT5 and they won’t start.

Please advise.

[Alan Northam]

As long as the little hat in the upper right corner of the charts are blue then the EAs/robots are running. They may take as long as a day bdfore you start seeing some new trades develop.

alan,

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