Home Forums Ready-to-use Robots Prop Firm Robots FTMO Robot: V4.3: What’s new?

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    • #203860
      Anonymous
      Inactive

      The FTMO Robot was updated, and here is what’s new:

      • I fixed the Stop Loss and the Take Profit for all currencies to 30 pips and 60 pips accordingly
      • Entry Time Option added. By default, the EAs will open trades between 01:00 and 23:00. This way, I will avoid new trades being open at midnight when the highest spreads are noticed.
      • EURUSD Robot is back in the pack (we removed EURCAD)

      We hope you traded the FTMO Robot during the last one week:

      All of the pairs are on profit except the EURCAD (that is why I removed it):

      You will find the EAs in the same folder. You can use the link you got.

    • #188055
      Anonymous
      Inactive

      Hey traders,

      Version 4.0 was just released for the FTMO Robot!

      How is this Robot different from the previous 3.0 version? 

      • The Higher Time Frame filter is on M30
      • Slightly different parameters for the Envelopes and MACD
      • Account percent Stop added to the EA

      Many of you shared that they failed in backtesting the Robot on Metatrader, so I recorded a video demonstrating it:

      If you have already bought the FTMO Robot, you can log in and download the new version. You will also receive an e-mail in the next 24 hours.

      Let me know if you have any questions.

    • #188122
      Anonymous
      Inactive

      Thank you Petko, great courses!!

      2 questions…

      1) when is the updated robot being updated in the course?

      2) Can an input be added to use the money management strategy in the course…risk one  percentage of the account , set the stop loss and TP to get a 2.5 or 3 : 1 risk reward, and then reinvest the profit plus 1 percent at 2.5 or 3 percent of the account and close all positions once the Challenge has been passed? This would be really beneficial for those of us that can not watch the markets .

      Thanks again for all of your hard work …😁

      • #188342
        Anonymous
        Inactive

        Hey John,

        I appreciate your words!

        The EA will be updated in the course in the following days (by the end of the week).

        I decided not to add the scaling-up method because it might be risky if one does not understand it. That is why the trader can control the risk just by switching the lots or the SL and the TP.

        In the updated section of the course, you will see how I passed the 200k challenge with a few trades, and I really do not spend a lot of time in front of the platform.

    • #188119
      Anonymous
      Inactive

      Hi Petko,

      the question probabely already has been posted and answered, but could you please state (again) what leverage the EA
      works with?

      Will it work on FTMO swing account with 1:30 leverage, or only on standard FTMO with 1:100?

      Many thanks in advance for your respond,
      best regards!

      Robert

      • #188349
        Anonymous
        Inactive

        Thank you for always replying to my questions Petko. I have all of your Udemy courses and they are great! I have learned more from you and your courses in a few months than from years of courses and Gurus that cost me thousands of Dollars. If your students will focus on what you are teaching and not just skip to downloading the EA, they would be really glad they did. Thank you for all of the help, I am finally a profitable trader.

        My question is…can you add the auto scaling under an input category , money management for example, that can be disabled or turned off if traders do not understand it? But be available to those that do and would like to?

        Question 2) Will the software that built the new FTMO robot add the scaling option? Does it have capability? If so do you have a video on how to do that ?

        Thanks Again

        John

    • #188178
      Anonymous
      Inactive

      Thank you for that great video you shared, but I’m currently having some conflicting results with the backtesting of the FTMO Robot. I see you have numerous choices when picking a timezone. I’m assuming it’s best to choose the appropriate timezone for the broker you are using. The problem is I don’t see the specific one listed and the ones I have chosen haven’t performed well as expected. I’m testing with FTMO and HankoTrade, do you know which ones need to be selected from your list? FTMO (GMT+3/ CEST+1) – HankoTrade GMT+2 during winter and GMT+3 during summer

       

    • #188179
      Anonymous
      Inactive

      I was referring to the historical data.

    • #188158
      Anonymous
      Inactive

      Hi Petko,

      Can you please share the recommended settings for 200k FTMO account (set file if possible) ? i’m struggling to configure the V4 EA.

      Kindly,

      • #188231
        Anonymous
        Inactive

        Hi Imed,

        Glad to hear from you. For the 200k challenge I use 6 lots, so if the price hits the SL, it won’t be a loss more significant than 2000 or 1 %.

        Accordingly, I use 3 lots for 100k and 0.3 for 10k challenges. BUT that is me, you can do it as you decide. It depends on the risk you are willing to take.

    • #188230
      Anonymous
      Inactive

      Hello FXbam,

      You need to check the time above the MarketWatch of your broker. That is the actual timezone of the server.

      Then recalculate it to select the right one in the Historical App.

      However, the EA trades on M1 with M30 filter, so a difference of a few hours should not be a huge problem.

       

       

    • #188331
      Anonymous
      Inactive

      I’m currently trying to backtest this with FTMO and HankoTrade but I’m having an issue with it performing as it should. A set file would have been helpful for the different account sizes but I believe the video was helpful enough.

      This could of eliminating some of the common problems I see people complaining about.

      I’m using the recommended settings but it doesn’t seem to be working as it should for the backtesting. I’m also forward testing it on FTMO and HankoTrade right now and it has opened a position on both today.

    • #188344
      Anonymous
      Inactive

      I prefer not to recommend trading amounts because it is a personal choice.

      However, these are the amounts I use:

      10k accounts – 0.3 lots

      100k accounts – 3 lots

      200k accounts – 6 lots

       

       

    • #188350
      Anonymous
      Inactive

      Hell Petko..(-:

      Sorry if this is a duplicate, bad cell reception .

      Thank you for always replying to my questions Petko. I have all of your Udemy courses and they are great! I have learned more from you and your courses in a few months than from years of courses and Gurus that cost me thousands of Dollars. If your students will focus on what you are teaching and not just skip to downloading the EA, they would be really glad they did. Thank you for all of the help, I am finally a profitable trader.

      My question is…can you add the auto scaling under an input category , money management for example, that can be disabled or turned off if traders do not understand it? But be available to those that do and would like to?

      Question 2) Will the software that built the new FTMO robot add the scaling option? Does it have capability? If so do you have a video on how to do that

    • #188673
      Anonymous
      Inactive

      Amazing Video as Always Thank you very much sir

    • #188634
      Anonymous
      Inactive

      Hello Petko,

      I am testing the FTMO Robot 1M EURUSD on a 10k USD – 15kCAD.

      I am using Metratrader5 could you please post a video on how to backtest the Robot and how to let the Robot run on the platform?

      as per today i am not able to backtest the robot or even to let the robot run on my account, please find pictures attached with details on the errors and settings.

      Account for new position: 0.1

      Maximum position amount: 0.1

      and default settings

      Am i doing something wrong?

      Thank you so much,

      Patrickerrors

      • #188774
        Anonymous
        Inactive

        See Petkos’ video on this topic on August 2 entitled “FTMO Robot Backtesting”.

      • #189080
        Anonymous
        Inactive

        Hey Patrick, were you able to fix those errors you are getting? I’m also seeing the same error msg when backtesting on Eightcap.

    • #188473
      Anonymous
      Inactive

      Hi Petko,

      Just received the 4.0 FTMO Robot and can I simply overwrite it on my current M1 chart or should I wait for the current trades to close?

      Also, I believe the question for .setfiles is in regards of the other inputs we can change i.e. MACD or Envelopes – are the preloaded values (MA 9, Daviation 0.1, Slow MA 13, Fast MA 12, Signal line 10) the recommended settings or do you recommend backtesting and tweaking these as well?

      Just starting the FTMO course so hopefully it will address some other questions about the robot and if not I shall come back here!

      Thanks

      • #188776
        Anonymous
        Inactive

        Yes, you can overwrite the EA.  It is up to you if you want to close out any open positions.

    • #188827
      Anonymous
      Inactive

      Hi Pedro

      In case that I want to use the EA non-martingale mode what do I have to do?

      Thank you

      • #189086
        Anonymous
        Inactive

        The FTMO EA does not use martingale.  It does however add to the lot.  Martingale works differently.  To stop adding make “Amount for a new position” and “Maximum position amount” the same.

         

    • #188829
      Anonymous
      Inactive

      Hi sir

      Another Question my broker use EURUSD.i can I use the EA without not problems ?

       

      Thank you

      • #189083
        Anonymous
        Inactive

        Yes!  EURUSD.i is just the name of the chart and has nothing to do with the historical data displayed.

    • #189088
      Anonymous
      Inactive

      Hi sir,

      I need that the EA open the positions with the same size. this is, ok?

      • #189104
        Anonymous
        Inactive

        Yes, this will open only one lot and will not add to it!

    • #189193
      Anonymous
      Inactive

      Thanks for help

    • #189644
      Anonymous
      Inactive

      Hi Guys,

       

      Any idea why my robot is getting removed after only a few seconds after activation? I made the tests and when I try to put it live it gets disconnected automatically

      Thanks!

    • #189672
      Anonymous
      Inactive

      Solved the issue. It seems I did not had enough historical data. :)

    • #189817
      Anonymous
      Inactive

      So far this week I have had the V4 Bot turned on and it has not taken a single trade.

      • #189864
        Anonymous
        Inactive

        Does backtest show trades?
        EA only takes on average one trade per day.  According to my backtest in FSBpro the last trade was on Friday 8/4/2023.  Wait another day or two to see if you get a trade.  Then report back!

    • #189842
      Anonymous
      Inactive

      Hello,

      I did everything in the backtesting video, from adding the data to checking the inputs but when I ”start” the backtest I dont get any results, it is just blank. How can i fix this?

      • #189863
        Anonymous
        Inactive

        Reduce lot size
        ==========
        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

    • #189900
      Anonymous
      Inactive

      Hi

      I’m testing the FTMO robot on other prop firms but it will not start the trades due the symbol suffix.

      @Petko
      , can you add a setting to the EA so we can use the robot on other prop firm.
      lite this,
      symbol suffix: .i
      or
      symbol suffix: .e8

    • #189920
      Anonymous
      Inactive

      The suffix has nothing to do with the bars/candlesticks (historical data) on the chart. The suffix is simply part of the chart name. Check to make sure the EA is active. In the top right corner of your chart window, you should see a smiley face. Also do a Strategy Tester backtest. If you see a balance chart line then it shows the EA is taking trades. If you do not see a balance line then you most likely need to change your lot size.

      100K 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

    • #189928
      Anonymous
      Inactive

      Has anyone done a lot of backtesting for this EA? My Jan-Jun 2023 backtest results are similar to Petko’s, but when I test longer periods the results are far less impressive. I’m not sure if it’s my settings (default), or something else.

      • #189931
        Anonymous
        Inactive

        My backtest shows a good balance lineup until May 1.  After that, the balance line moves sideways in a large trading range.  Petko says this is normal.  I would expect the balance line to start moving higher again in the near future.  I would not start a new FTMO Challenge until the balance line starts to move higher again.  I would start an FTMO demo account.  Once the demo account starts to show steady profit then I would consider starting a new challenge.

        • #189937
          Anonymous
          Inactive

          I don’t mind sideways movement sometimes, but my backtest from Jan 2020 to Jun 2023 wasn’t good. Overall the EA made a slight profit over 2 and 1/2 years, but the Jan – Jun 2023 period as in the video seems to be a standout result.

          • #189946
            Anonymous
            Inactive

            Your longer backtest was outside the backtest period in which the EA was developed.  Hence the poor results.  The more current backtest results are correct.

    • #189954
      Anonymous
      Inactive

      hey,

      can someone please post the mt5 setting here if i test the standard values ​​the bot only makes minus how can that be.

      • #189956
        Anonymous
        Inactive

        MT4 and MT5 settings are the same.  Are you backtesting using Strategy Tester?  What is your account size and lot size?  Over what period of time are you backtesting?  Please show a screenshot!

    • #189957
      Anonymous
      Inactive

      I installed the FTMO Robot before Sunday night start of trading. It is now well into the third day and the Robot has not made a single trade yet. Everything is set up correctly, but no trading so far, and the market has not been that flat.

      • #189960
        Anonymous
        Inactive

        I have not seen a trade yet either.  In my backtesting using FSBpro the last trade was made last Friday.  The backtest shows an average of one trade per day.  So I am expecting to see a trade develop anytime now.  Patience!

    • #189984
      Anonymous
      Inactive

      True, the last trade was open on Friday and closed yesterday on a Profit:

      The EA will open trades whenever there is a signal and confirmation.

      I know the expectation is for a very active EA that will pass the challenge in a few days, but that is not a realistic expectation.

      It is only possible if the EA uses a martingale system to recover potential losses. BUT this is risky!

      So be patient, watch the FTMO course, and see how to combine EAs and manual setups to pass the challenge quicker.

      Kind regards,

    • #190016
      Anonymous
      Inactive

      These are my parameta, there is simply no trade set. Why ?

      • #190021
        Anonymous
        Inactive

        The settings are correct and you should see trades when they develop.  On my FTMO demo account I just got a new trade about 3 hours ago.

        • #190024
          Anonymous
          Inactive

          okay but no trades are made in the backtest either. So you mean just switch to an account? How many trades does your ea make per day

          • #190055
            Anonymous
            Inactive

            FTMO demo account Strategy Tester shows today’s trade:

        • #190087
          Anonymous
          Inactive

          Hi Alan,

           

          I’ve been running the EA since Sunday night on an FTMO MT4 terminal and haven’t had a trade yet. Any reason you would get one and I didn’t ?

           

          Is there an update since I downloaded on the 4th of Aug ?

           

          Thanks

          • #190094
            Anonymous
            Inactive

             

            I had this log in my expert tab while it seems your trade was on.

            • #190147
              Anonymous
              Inactive

              This error message means your terminal is trying to execute more than one trade at the same time.  Do you have other EA’s running on the same terminal for EURUSD?  If not, then I would close the terminal and reopen it and try again.

            • #190183
              Anonymous
              Inactive

              Thanks, I don’t. Will try a restart.

            • #190192
              Anonymous
              Inactive

              Thanks Alan, it just took a sell at the US CPI news. (15h30 GMT+3)

            • #190226
              Anonymous
              Inactive

              Happy to hear you got it working!

    • #190054
      Anonymous
      Inactive

      It looks like the FTMO Robot was updated yesterday. Can you tell me if there is anything different from V4 that I received last week?

    • #190048
      Anonymous
      Inactive

      I’m currently testing this with 2 different 2-week FTMO challenge accounts and a HankoTrade one. One FTMO is using the recommended settings and I have adjusted the other one.

      I’ve noticed that both trades today were executed at the exact same time.

      Can you add a customizable option to this EA that will delay the execution time if we choose to? Example: 1-sec delay, 2 sec, 3 sec, 7 sec…and so on. This could help reduce the number of trades being triggered at the exact same with the same broker and reduce the chances of running into problems in the future as this becomes more popular.

      I initially thought the “Bar Closing Advance [sec]’ did that but it had no effect.

    • #190090
      Anonymous
      Inactive

      Hi,

       

      My MT5 terminal gives me this error when I try backtest the EA.

       

      I’ve tried the solutions from this thread, is anyone else getting it on MT5 ?

      https://forexsb.com/forum/topic/7505/error-invalid-order-filling-type/

       

      Thanks

      • #190159
        Anonymous
        Inactive

        How much historical data do you have?

    • #190176
      Anonymous
      Inactive

      Does anyone have reliable backtest results for the EA before 2023? My results before 2023 are not good, but I’m not sure if it’s the EA, my data, or MT4 backtesting inaccuracy, or something else. Thank you!

      • #190228
        Anonymous
        Inactive

        When the EA was created it was not backtested before 2023, as a result, it might not backtest well before 2023.

        • #190322
          Anonymous
          Inactive

          That makes no sense. Please don’t reply with inanities. If an EA doesn’t work outside of a brief 6 month period, then it just doesn’t work.

          • #190340
            Anonymous
            Inactive

            Sorry, that was a bit harsh. My apologies.

    • #190197
      Anonymous
      Inactive

      The FTMO EA placed another trade today about one hour ago:

      • #190204
        Anonymous
        Inactive

        Yes, I have it on 3 different accounts, and they all placed a trade today.

    • #190205
      Anonymous
      Inactive

      Hi Petko/Alan,

      I’m not sure what’s the issue but the EA seems to be not performing well at all. I use the default settings on this FTMO trial (I chose 2 lot to 6 lot knowing the risk/exposure but the EA seems to never hit TP. Can you let me know if the standard settings are to be somehow adjusted?

      Thanks

       

      FTMO EA

      FTMO 2

      • #190220
        Anonymous
        Inactive

        No, you do not need to make adjustments.  The EA closes trades when its indicators signal a trade closure or the SL or TP is hit.

    • #190229
      Anonymous
      Inactive

      Glad you found the issue. This is because the EA works on M1 but it needs bars to be loaded on M30.

      Cheers,

    • #190399
      Anonymous
      Inactive

      The Robot has done very well over the past two days, which is when it started for the first time on my 50K Demo account with FTMO. I made my settings 2.0 6.0 2.0 0.1

      I think I will buy the Challenge with FTMO and let the Robot go live on Monday.

    • #190617
      Anonymous
      Inactive

      Hi Everyone, hope you are enjoying the week end.

      FAO: Petko Alexandrov

      Hi Petko,

      Will this Robot V4 and above work with Darwinex?

      I know you use WAKA WAKA with Darwinex, are there any other EA’s you recommend in our Academy, with projected long term profitability and sustainability that can be used with Darwinex?

      Many Thanks,

      Silvia

       

      • #191255
        Anonymous
        Inactive

        I think before anyone considers using it for Darwinex Petko Alexandrov needs to add an option for a delay before opening the trade. This will help make each trader slightly unique with their own trades.

        I’m sure I read somewhere with Darwinex that there is a percentage requirement for the trades of each individual trader. I also know the majority of prop firms out there have a threshold of how many positions can be opened at the exact same time on their server.

        I’ve posted a few messages in this forum asking Petko to consider adding this.

        I hope he might add this to it on his next EA update.

    • #191146
      Anonymous
      Inactive

      Big scare today, the Robot almost put an end to my FTMO Challenge on day one.

      It made three short trades at 1.09026, then immediately went into a floating draw-down all the way up to 1.09353. I had to move the StopLoss lines at 1.09309 to avoid them kicking in and taking me above my permitted draw-down.

      The trades are still floating above the entry prices.

       

      • #191265
        Anonymous
        Inactive

        UPDATE: The first and only trades the Robot made yesterday on my new FTMO 50K Challenge has closed out at a loss, over and above my permissible daily drawdown for the Challenge.

        This effectively has put an end to the Challenge along with the possibilities and the fee I paid.

        I am very disappointment, the Robot made only three trades, which went against the trend and the trades never recovered, but remained in constant drawdown.

        So, Petko, I do not think your Robot is a good one as it is now, in my honest opinion, because the facts speak for themselves. In case you ask, my settings were 2.0 6.0 2.0 0.1, everything else was left unchanged.

         

        • #191279
          Anonymous
          Inactive

          In my messages of August 9 I showed recommended lot sizes based on account balance.  I also noted the FTMO EA was moving sideways over a large trading range from about June 1 forward.  I then suggested demo trading FTMO until it started to show steady profits again before going live.

          • #191330
            Anonymous
            Inactive

            I appreciate what you say Alan, but the fact remains, this Robot was sold as a means to pass the FTMO Challenge, which means it should be able to do so from the get go. The trades that were made yesterday were three sell trades, in spite of the market trend moving North, from then on the trades moved against the entry price and closed out with losses. Thank you once again.

        • #192713
          Anonymous
          Inactive

          Your lot sizes were way too big for a 50k.

          I’m running 6.0, 6.0, 2.0, 0.1 on a 200k account (as suggested).
          On a 50 k, you should rather run 1.5, 1.5, 0.5, 0.1 (although the 0.5 is irrelevant because the max lot will be opened with 1 trade). So you’d need to take Petko’s settings and divide by 4 because his are for a 200k account.

          6 lots open on a 50k will def smoke it. Sorry

           

        • #192758
          Anonymous
          Inactive

          I am testing the EA in an FTMO demo account.

          FTMO DEMO

    • #191174
      Anonymous
      Inactive

      Hi, i saw many other people having these messages (see image), do you guys know why it does this ? I have mt5, downloaded from ftmo website, and i ran the FTMO robot on a trial account of FTMO since today (not backtest). The account is 10k, and the only settings that i changed is :

      Amount for a new position (lot ) : 0.3

      Maximum position amount (lot) : 0.3

      No trades were open, and got these messages. Anyone know what i did wrong ?

      Thanks a lot for your answer !!

      Error FTMO

      • #192179
        Anonymous
        Inactive

        tstpierre, I’m noticing the same problem. I can use the strategy tester on MT4 but it doesn’t work on MT5. I get a similar message. The test will run but I will get 0 executions. I even tried speaking with a broker but they were unable to figure out why the EA wasn’t working.

        I’ve tried several MT5 brokers but none of them work. It would be nice to have this option because some companies only use MT5 and the MT5 strategy tester is faster.

        I hope he can figure this out.

    • #191278
      Anonymous
      Inactive

      Gday Petko

      i am getting a heap of errors

      2023.08.15 00:18:43.109 EURUSD M1 FTMO Filter M30 (EURUSD.i,M1) Error: ActionTrade::ManageOrderSend(): OrderCheck(): Invalid order filling type

      its on a 200k account at 0.1 lot size

    • #191292
      Anonymous
      Inactive

      Try closing your terminal and restarting it!

      • #191691
        Anonymous
        Inactive

        i restarted my terminal and it continue doing those error like many others, any other idea why its not working ?

    • #191486
      Anonymous
      Inactive

      Has anyone else had any problem with making their backtesting work?

      When I test other EAs the backtesting seems to work but I’m having a problem getting it to work with the FTMO Robot.

      I checked historical data, and if the proper chart was selected, the correct date was chosen, did I have the correct inputs, and if I used crude control points for the test.

      There were no errors in the journal and the backtest showed 0 trades were taken.

      Has anyone else had this issue? 

      I would like to think it’s something simple but I can’t seem to figure it out.

      • #191505
        Anonymous
        Inactive

        I think it’s working now.

    • #191518
      Anonymous
      Inactive

      Glad to hear that! Unfortunately, MetaTrader is not perfect…actually, it’s a very slow program! :)

      That is why I use EA Studio but I know it is expensive for many.

      I really hope MetaQuotes will come with something new and faster. MT is 20 years old or even more…

    • #191741
      Anonymous
      Inactive

      Hi All!

      Just wondering – if I chose to manually  close a transaction, is the robot going to open future transactions based on signals?

      Thanks for your input!

    • #191765
      Anonymous
      Inactive

      Yes, no problem about it. The EA will detect that there is no open trade and from the moment you close the position manually it will start scanning for new trades.

    • #191820
      Anonymous
      Inactive

      Hello Petko,

      I have some unclear issue: backtesting FTMO robot since Jan 2023 to present (Aug 2023) works perfectly. I am really excited about results. However applying the same settings back in 2022, 2021 and so on, the results vary greatly. So my question to you is: did you set the strategy based on (very) recent market conditions/moves – so should we expect constant updates of the robot so we can stay within FTMO challenge and pass it successfully in the shortest period of time?

      I know there is no such robot “one size fits all” but I am a bit concern about the big historically results difference

      Thanks for your feed-back!

       

    • #192159
      Anonymous
      Inactive

      Hi Petko, When I upload the EA file into meta trader 5 (file, expert advisor) and try to refresh in the navigator, the EA does not appears…then cannot uploaded into the chart. Any advice?

       

      • #192162
        Anonymous
        Inactive

        With MT5 you need to go to the Editor.  Then you need to click on the robot so you can see the source code.  Then you need to click on the Compile button in the tool bar.  You should now see the robot in the Navigator view.

    • #192458
      Anonymous
      Inactive

      Hey Bogdan,

      Yes, you got it right. Usually, we backtest all of the EAs with 200 000 bars which is enough. And for M1, this is since the beginning of this year.

      Many traders do not realize that backtesting M1 EA on 200 000 bars is the same as backtesting M15 EA on 200 000 bars.

      The only difference is that the backtest on M1 is for the last 8 months, and for the M15 it is the last 8 years.

      And yes, I will regularly update the EA whenever it’s needed.

      Cheers,

      Petko A

    • #192598
      Anonymous
      Inactive

      Hello
      Can we trade manually (from PC) and use the FTMO EA (running on a VPS) for a live account (MFF)?
      Thank you

    • #192609
      Anonymous
      Inactive

      Yes!

    • #192774
      Anonymous
      Inactive

      Hey Petko, I bought the robot on friday and want to set on MT4. I searched on all messages on the Forum for the Settings (general) but I did not find any pattern settings.

      can you post the pattern settings?

       

       

    • #192779
      Anonymous
      Inactive

      If the robot you purchased was the FTMO robot then the following are the recommended low-risk settings based on the account balance:

      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

      If you have more questions please post them and they will be answered asap!

    • #198911
      Anonymous
      Inactive

      Hey traders,

      Thanks to your precious feedback, I succeeded in improving the FTMO Robot.

      As you already know, the strategy behind the FTMO Robot uses the Envelopes, which is why it works best when the price is in a range. That is why I added an interesting indicator called the Chande Momentum Oscillator. It will allow the EA to buy only when the Chande falls.

      In other words, it would ignore the buys when there is a strong bearish momentum.

      Also, I added the Account Percent Stop again, which allows you to limit the risk to a percentage of the account. And that is important for all Prop Firms, I agree!

      The result is that I got much smoother backtests. Check the difference with the GBPAUD FTMO Robot:

      v4.1 vs v4.2

      Moreover, I removed the EURUSD Robot from the pack and added the NZDJPY Robot, which showed much better results in the long term.

      Please feel free to ask me any questions.

      Kind regards,

      PS. Those who already have the FTMO Robot will receive an e-mail with the new link and password.

    • #192919
      Anonymous
      Inactive

      Hey traders,

      The major update: The FTMO Robot trades on 7 different currency pairs.  Those of you who already purchased the Robot will receive 7 different EAs. Each one is optimized for a different pair.

      More, I added to the Robot: 

      • Break Even
      • Trailing Stop
      • Martingale (OFF by default)
      • Detailed manual(PDF) to help you get started from scratch

      Also, the update should solve the issue  ”Invalid order filling type” on MetaTrader 5. The code was updated with the latest version of MetaTrader.

       

    • #192977
      Anonymous
      Inactive

      Hello, great update!

      May we open more than one pair at the same time in the same mt4?

    • #193011
      Anonymous
      Inactive

      Has anyone noticed poor modeling quality when using the strategy tester? I’m already using the historical data from this website.

      Is there anything I can do to improve it or should I not worry at all?

    • #193035
      Anonymous
      Inactive

      I plan to purchase FTMO EA to use with my Broker. Not yet ready for FTMO.
      Let say I create a Demo account of 1k, then I need to set 0.03 as lotsize and I’m good to go?

      Thanks

    • #193046
      Anonymous
      Inactive

      Yes, you will be good to go!

    • #193150
      Anonymous
      Inactive

      Thank You so much Petko !!! Can it do anti-martingale as well?

    • #193009
      Anonymous
      Inactive

      Hello Petko, thank you for the update. You also mentioned adjusting some of the metrics to help make your trades unique with the FTMO Robot from other traders. I’ve already done that.

      Please consider adding a delay option for execution too because FTMO has a maximum amount of trades on their platform that can open simultaneously. Example: Delay (None) – (adjustable 1 to 8-second delay)

      I’m not sure if this can be done but it could help prevent some issues that may come from excessive execution times. You’ll see that they have a maximum of 200 execution orders at the same time.

      Thanks again for all the work you put into everything you do. I honestly don’t know how you find the time.

    • #193370
      Anonymous
      Inactive

      Hey mate,

      Once you change slightly any of the parameter in the inputs it will result in different execution.

      I have described it in the PDF:

      I will research about the delay, but the above mentioned works.

      Cheers,

      PS. You have no idea how I find the time…plus 3 kids around :)

      • #193508
        Anonymous
        Inactive

        I’ve tried adjust some of the settings before but it didn’t make a difference. I’ll try testing a slightly different deviation %. Thanks for the suggestion.

        I also wanted to mention that since your new update the strategy tester is now working with MT5.

    • #193372
      Anonymous
      Inactive

      Thank you for all of the hard work Petko! I have purchased all of your Udemy courses and they are awesome!!
      Where do we download the 7 optimized EAs for the 7 different currency pairs? All I see in Udemy is the one for EU.

      Thank you

      • #193455
        Anonymous
        Inactive

        Hey John, thanks for the words! In the course, we included only the EURUSD FTMO Robot, and separately on the website, we have the different versions of the FTMO Robot. That is why the price is different.

        • #195295
          Anonymous
          Inactive

          Thanks for the reply and always being so willing to help.

          How about a discount code for your Udemy students, seems loyalty should be rewarded..(-:
          Something like 10% off for every 3 Udemy courses purchased. It would be easy to do and be great customer service and marketing…(-:

    • #193411
      Anonymous
      Inactive

      Should we stop the FTMO EA during news, or should we let it be running ?

      • #193456
        Anonymous
        Inactive

        Hey Michael, that is a personal choice. I would stop them only when there are Rate decisions, FOMC, or the essential news.

        However, there is a spread protection so if there is news and the spread increases, the EA will not open trades.

        Sometimes the volatility is before or after the news, so the most realistic filter is the spread, not exactly to stop trading at the news.

    • #193484
      Anonymous
      Inactive

      Is it okey to run all 7 EA at the same time on the same account ?

      • #193615
        Anonymous
        Inactive

        Hi Michael,

        I suggest you test the 7 EAs on Demo or FTMO Trial and find out which is the top EA.

        Please check this Forum Topic, where I have described it in detail.

    • #194304
      Anonymous
      Inactive

      This BT is for v4.1.

      I am wondering does it make any sense what I am doing here.
      I am using e.g.  AUDNZD  M1 FTMO Filter M30 v.4.1 and test then on all pairs I have in Market Watch.
      I am surprised that the best results I am getting on AUDUSD and results for AUDNZD  are negative.
      What do you guys thinking  about it?



      Thanks,
      Janek

      • #194355
        Anonymous
        Inactive

        You are not setting up the back test correctly.  Here is what I get on MT4 from May 1, 2023 to Aug 28, 2023.

        • #194886
          Anonymous
          Inactive

          Alan, sorry for the late response. Didn’t see your reply to my question.
          I  am not  sure which  setting is wrong. I had 0.03 lot and nothing else changed.

    • #194604
      Anonymous
      Inactive

      Dear Petko and others,

      I’m trying out the FTMO robot v 4.1. And while looking at the backtesting results and the recommended settings from the FTMO course, I was wondering… What would you recommend for SL and TP?

      In the video and document, you’re advising a 1:2 rato like SL: 300 pips and TP: 600 pips and then using the scaling on wins.

      But the backtesting in FSB Pro suggests the opposite for maximum balance.

      What does your experience say? (Others feel free to chip in as well)

    • #195091
      Anonymous
      Inactive

      Hi,

      I run the latest version since August 23rd. The account is actually in small neg.
      I do observe it hurts a lot when full SL is touched.

      EURAUD Aug 31st
      In order to avoid large losses, did you ever plan to close the trade when the “blue line Envelope” goes under Entry point?

      For the first Buy on this image, the loss is larger going that way, but for the second Buy, the loss can have been much lower.

      I hope you get my point. English is not my first language sorry.

      Thanks

    • #195097
      Anonymous
      Inactive

      The FTMO M1 AUDEUR FILTERR M30 robot is backtested to be profitable. However, there will be periods when all robots will go through a drawdown period.

      To test the robot use MetaTrader Strategy Tester from the first of the year to present.

      It is advised to always test EA’s on a demo account until you become comfortable to how it performs.

      Also, make sure you install the EA on the M1 timeframe and not the M30 time frame and use the appropriate lot size for a given account size.

      As a side note I am testing the EURUSD EA on an FTMO demo account. You can find my results in the forum under Prop Firms.

    • #195109
      Anonymous
      Inactive

      As a followup question. When you have the robot running and do the scaling. Do you every end a trade before the SL/TP has been hit?

    • #195130
      Anonymous
      Inactive

      Thanks Alan,

      The script was on M30, I just switched to M1.
      I was thinking it looks at values from M1 and M30 no matter which TF is displayed. My bad.

      Yes, I do test on a Demo account in real-time.
      Yes, there will be periods when all robots will go through a drawdown period.
      No, I will not use “Strategy Tester” as almost every script got better results in Tester than in Real-Time testing.

      As I now use M1 to run the script, I restart my evaluation from here.

      Thanks for helping that fast.

    • #195132
      Anonymous
      Inactive

      @Alan: When you say the robot is tested. Is that then with the default values it comes with? Or with the 300/600 pip scaling strat that is in the FTMO course? Both are very different.

    • #195148
      Anonymous
      Inactive

      @Kris
      SL and TP are not the same from one pair to another.
      AUDNZD  350 / 250
      EURAUD 800 / 450
      EURCAD 450 / 450
      EURNZD 750/ 550
      EURUSD 300 / 600
      GBPAUD 700 / 650
      GBPCAD 700 / 600

      So I understand you refer to EURUSD
      Personally, I use default values for testing.

      Hope these are tested and the best values.

       

    • #195154
      Anonymous
      Inactive

      @letsrockit: Thanks for your reply!
      Indeed it does. I’m working with the EURAUD, but here it’s more like ratio 2:1 instead of 1:2, so I was just wondering if the scaling from the FTMO course only applies to EURUSD. If so, it would seem that EURUSD might be the better pair to trade.

    • #195173
      Anonymous
      Inactive

      I hope they are all good (My wish)
      Will see after several trades and market conditions which pair(s) are good to go.

      Will keep you update

    • #195310
      Anonymous
      Inactive

      Thanks for the reply and always being so willing to help.

      How about a discount code for your students for the Multiple asset FTMO EA?
      Seems loyalty should be rewarded..(-:
      Something like 10% off for every 3 courses purchased. It would be easy to do and be great customer service and marketing…(-:

    • #195459
      Anonymous
      Inactive

      Hey Kris,

      Glad to hear from you. In the course, I showed scaling with the EURUSD EA, which uses SL of 30 and TP of 60.

      Now when the EA trades on multiple currencies, they all use different SL and TP.

      However, if you want to use the scaling with 1:2 you can set SL of 30 and TP of 60 to any of the EA. It will have a worse backtest but it will be easier for you to manage it.

       

       

    • #195461
      Anonymous
      Inactive

      Yes, the SL and the TP are different for every EA. However, if you use the Scaling up, you better use the same SL and TP (30 and 60) so it will be easier to handle it.

      After the EA is made to trade on a few pairs, I prefer to test them all and keep the best one on my challenge.  Check this video if you have missed it yesterday.

    • #195462
      Anonymous
      Inactive

      Hey John,

      Glad to hear from you. We optimized the prices at the lowest price possible. That is why we do not offer any extra coupons.

      In fact, the price will increase in the following months because we have many students and traders joining, and we can’t handle the support. We prefer to have fewer students but be able to answer all questions.

    • #195565
      Anonymous
      Inactive

      First week with FTMO EA.

      I would like to share my first impressions and experiences with the FTMO robot. I tested all 7 pairs and here are the results.

      I tested NZDJPY on FTMO free trial.

      I am attaching the account statement. And a summary of individual pairs.

      EURUSD – Total 5 trade

      – Profit 210 dolar ( 1 Trade )

      – Loss -1169  dolar ( 4 trade )

      – Total Loss -959 dolar

       

      AUDNZD – Total 9 trade

      – Profit 167,45 dolar ( 4 Trade )

      – Loss -676,36 dolar ( 5 Trade )

      – Total -508,91 dolar

       

      GBPAUD – Total 15 trade

      – Profit 1820,5 dolar ( 9 Trade )

      – Loss -1475,6 dolar ( 6 Trade )

      – Total +344,9 dolar

       

      GBPCAD – Total 7 Trade

      – Profit 789,29 dolar ( 4 Trade )

      – Loss -1577,67 dolar ( 3 Trade )

      – Total -788,38 dolar

       

      EURCAD – Total 14 trade

      – Profit 1137,87 dolar ( 7 Trade )

      – Loss -1522,24 dolar ( 7 Trade )

      – Total -384,37 dolar

       

      EURAUD – Total 14 trade

      – Profit 1272,67 dolar ( 8 Trade )

      – Loss -1567,66 dolar ( 6 Trade )

      – Total -294,99 dolar

       

      EURNZD – Total 15 trade

      – Profit 1663,12 dolar ( 9 Trade )

      – Loss -1776,04 dolar ( 6 Trade )

      – Total -112,92 dolar

       

      I know it’s a statistic for the first week only. But already during the first week it can be seen that a larger SL than TP will be a problem. The losses compared to the profit are noticeably larger.

      Today I will try to change the basic parameters like BE, SL, TP and martingale. I’ll see what it does in the back test.

       

      NZDJPY testing results

      – Total 19 trade

      – Profit 6944,07 dolar ( 15 Trade )

      – Loss -1256,07 dolar ( 4 Trade )

      – Total +5688 dolar

      • #195579
        Anonymous
        Inactive

        Good to hear you are backtesting the FTMO strategies.  To get a good idea how the EA’s will perform over the long term requires a long term backtest.  To get a good idea how the EA’s will perform backtesting should be over a period of at least one month.  I have been backtesting the FTMO EURUSD strategy over the month of August.  To do this I used the free FTMO demo account twice for a total of 30 days of testing.  The results I get is that the EA has produced a profit of 3.78% for the month.  Doing some quick math says that I should hit the 10% price target in approximately 2.5 months.  I will continue my testing.

        The reason for sharing my results is that I noticed over your one week backtesting you showed EURUSD as a losing strategy.   Whereas my backtesting over the last month shows a nice profit.  The FTMO strategies were created to be profitable over the longer term and my results vs your results shows that the longer term backtesting will produce profitable results as the EA’s were created to do.

        Reference:  https://eatradingacademy.com/forums/topic/ftmo-demo/

    • #195593
      Anonymous
      Inactive

      Hi Alan.

      I understand what you mean. I know it’s a short time. I was just surprised that in a week so many strategies show a loss. I’m also a little scared of the RRR, which for some strategies is not even 1:1.

      Now I’m doing a backtest in MT4. I want to choose the best max 3 strategies and try them on one demo account.
      For the GBPAUD pair, I was able to increase the profit factor from 1.5 to 1.68 with a minor adjustment. It’s not much, but hopefully it will be good. I would like to do such tests regularly.

      My point is that I would like to find some combination that would be successful for trading with propfirms. Unfortunately, I don’t have the time or the psyche to do manual trading.

      • #195616
        Anonymous
        Inactive

        I just wanted to share some thoughts about RRR.

        Books written for the retail trader will say the RRR should be 2:1 or even 3:1.  However, it is a known fact that the approximately 80 – 90% of retail traders lose all there capital within the first year of trading.  So having a 3:1 RRR doesn’t help any.  Here is what often happens:  The market will go through a drawdown that stops out the trade, then the market will resume moving in the direction of the trend and the trader loses out on the profit from the market moving in the direction of the trend because the trade was stopped out during the drawdown.

        On the other hand, the EA’s created by FSBpro are backtested to show a profit even though the RRR may be less than one to one.  Here is what often happens:  The market will go through a drawdown, but because the SL is set further apart from the price the trade was entered at, the trade doesn’t get stopped out.  Then when the trend resumes the trader is still in the trend and the trade and because of the RRR being less than one to one the trade hits the TP sooner and the trader walks away with a win.

        As a result, it is shown that having a RRR greater than one to one can hurt the trade, whereas a RRR less than one to one can help the trade.

        So, I would not be concerned about the RRR.

        I understand that coming from the retail trader world it can be difficult to start trusting a RRR less than one, but the reality is a RRR less than one can provide a better trade.

        Also to protect your account the EA’s have a protection in that if the account loses 4.9% of the original account balance it will stop trading.

    • #195600
      Anonymous
      Inactive

       

      I did this with GBPAUD

       

    • #196361
      Anonymous
      Inactive

      @Petko: What do you do if the prop firm does not have Demo accounts? Like “trueforexfunds” which has a lower entry price and easier qualification?

    • #197293
      Anonymous
      Inactive

      You can use the FTMO Trial. It is the same market. Conditions are a bit different with every server, but at the end, you will see which EA performs the best.

      • #197328
        Anonymous
        Inactive

        How often are you changing the active EA on the live accounts? I have only had it going for 1 week and have seen 2 of the pairs towering over the others. In your experience, are you changing daily, or even weekly?

        • #197335
          Anonymous
          Inactive

          It is best to put all the EAs in a demo account.  Wait 3 to 5 days and move the EAs with more than 3 closed profitable trades to a live account.  This indicates the EAs are at least trading once a day if you are waiting 3 days or at least once every other day if you are waiting 5 days.  Then every 3 to 5 days look for the top profitable EAs in the demo account and place those in the live account replacing the EAs in the live account not performing well.

    • #197353
      Anonymous
      Inactive

      That’s pretty much what I am doing and planning for the future. I also noticed that the EA did not stop the trades before the weekend. I’m glad I was watching, I assumed it would since it was for FTMO. Should this be setup on a swing account?

    • #198882
      Anonymous
      Inactive

      Yes, a swing account would work best.

    • #199275
      Anonymous
      Inactive

      Seems like really amazing improvement! Great job Petko!
      Which 2 pairs are currently the best now for version 4.2?

      Thanks,
      Janek

    • #199355
      Anonymous
      Inactive

      Hello Petko. I can’t do a backtest on MT5. What can I do please?

      • #199368
        Anonymous
        Inactive

        Hi Richard,

        Can you provide detailed info on how you are trying to do the backtest?  Can you show screenshot of Strategy Tester that shows your setup?  Please provide as much info as you can so I can evaluate the reason you are not able to do a backtest.  Also have you optimized the amount of data you broker provides by holding down the HOME key as Petko has shown in the videos?

        Alan,

    • #199403
      Anonymous
      Inactive

      Hello Alan. So currently only the BOT NDZJPY works for me, for the others it doesn’t upload any data. The test run takes less than a second.

      Richard

    • #199407
      Anonymous
      Inactive

      • #199423
        Anonymous
        Inactive

        Are you giving it sufficient time to complete the backtest.  I backtested AUDNZD and it took about 6 minute to complete the backtest.  The green bar at the bottom of Strategy Tester went from left side of window to right side of window about four or five times approximately.  I didn’t really count them.  Backtest was with $10,000 and 1.0 lots in all four positions in the inputs tab.  The following is my results:

        • #199959
          Anonymous
          Inactive

          Ok now it works, I started the test incorrectly, now the test is loading the data, thanks!

    • #199543
      Anonymous
      Inactive

      “2023.09.18 12:32:42.265 Core 1 OnInit critical error”

       

      Hi guys bots are great i have 3 that i get this error on backtest? any help

      • #199549
        Anonymous
        Inactive

        Did you get the bots from EAtradingacademy?  The reason I ask is EA Studio and FSBpro generate bots that do not have errors in their code.  So I would like to know what bot you are referring too!

    • #199567
      Anonymous
      Inactive

      Hi yes its the audnzd eurcad and eurnzd ones that it wont let me backtest on v4.2 the v4.1 was fine no errors

      • #199800
        Anonymous
        Inactive

        I cannot get them to work in MetaTrader Strategy Tester either.  The only way I can backtest them is to do it in FSBpro.  The MetaTrader Strategy Tester is not the best backtester.  The backtester in FSBpro is world class!  To test these robots it is recommended to do so in a demo account.

        • #199828
          Anonymous
          Inactive

          Thats a real shame as it does cost a fair bit for fsbpro at the moment, Ive been really enjoying these bots just not sure why meta strat tester isnt working as the v4.1 was fine

    • #199563
      Anonymous
      Inactive

      How do I get enough bars on my EA. I have a German keyboard and can’t find the Hone button?

      Anne

      • #199572
        Anonymous
        Inactive

        Use windows On-Screen keyboard.

    • #199568
      Anonymous
      Inactive

      Can you add “Trailing Stop” to this EA?

    • #199589
      Anonymous
      Inactive

      Hey Petko,
      where is the trailing stop value?
      it seems like Account Percent Stop replaced it.
      Thanks a lot

    • #199706
      Anonymous
      Inactive

      Yes, I replaced the Trailing Stop with the Account Percent Stop for 2 reasons:

      1. The Trailing Stop did not give any significant difference on the backtest and during live tests (same results with or without it)

      2. The Account Percent Stop is important for people who can’t manage the lots well and they might lose their accounts if they place huge lot size by mistake.

      So if something isn’t really improving the strategy I prefer to remove it. This way the code of the EA is shorter and the backtest would run faster.

    • #199832
      Anonymous
      Inactive

      Hi Petko, is it possible to insert a fixed percentage instead of fixed lots?
      Example that for each trade you risk 1% of the capital

      • #199835
        Anonymous
        Inactive

        The EAs/Robots use fixed lots only.

    • #200278
      Anonymous
      Inactive

      We use fixed lots only because it’s much easier to compare the results when we trade more than 1 EA in the account.

    • #201349
      Anonymous
      Inactive

      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

      • #201362
        Anonymous
        Inactive

        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!

    • #201352
      Anonymous
      Inactive

      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

    • #201448
      Anonymous
      Inactive

      Hello

      I ve just install FTMO bot in document, page Loading Bars I didnt Really understand what is the goal

      Do I have to launch EAs on 1M or 30M chart?

      Dont have HOME button ?

    • #201463
      Anonymous
      Inactive

      Install EAs on M1 chart. For Home button use the Windows On-Screen keyboard.

    • #201578
      Anonymous
      Inactive

      Hi,

      I just buy FTMO Robot and I installed on demo Account at AAFX Broker and also Live Account at Eightcup Broker

      Robot opened AUDNZD on live Account but not on demo.

      Why this happens?

      Thank you

      Alex

      • #201615
        Anonymous
        Inactive

        Make sure Demo account has sufficient historical data and lot size is not too large for demo account size.  If lot size is too large for Free margin it will not take any trades.  Look at Experts tab at bottom of chart window to make sure there are no errors.  Make sure the EA is active by looking at the icon in the upper right corner of chart window.  Make sure demo account broker allows trading with EA’s.  Make sure EA is attached to the right chart and period.  Make sure AutoTrade or AlgoTrade button is active.  Make sure you installed EA after pressing AutoTrade or AlgoTrade button.  If all these things are correct the EA should start trading.

        • #201904
          Anonymous
          Inactive

          Hi Alan,

          Thank you for your help, I just change Broker and Robot work now.

          But I have one small problem. Break Even does not work. I just put pip figure after howmuch in profit I want to put my SL to BE for example “300” (30 pip), but does not work.

          What I did wrong?

          Thank you,

          Aleksander

          • #201907
            Anonymous
            Inactive

            After your trade makes a profit of 30 pips or more and the trade reverses direction Breakeven will place a breakeven order to protect your account from loss.  The SL will not change.  The breakeven order will override SL price.

            • #201919
              Anonymous
              Inactive

              Thank you for your help

    • #201785
      Anonymous
      Inactive

      Hey mate,

      Can you try backtesting for a longer period of time because some of the indicators in the EA (on M30) need a lot of bars.

      I see you selected the 1st of August, just backtest it for longer and let me know.

      Do you see errors in the journal?

    • #201921
      Anonymous
      Inactive

      Remember to always test your EAs on a demo account until you are confident in its performance!

    • #203737
      Anonymous
      Inactive

      Hi everyone! Is there a way to backtest with MT5 using premium historical data?

    • #203773
      Anonymous
      Inactive

      Yes but the process of importing the premium data into MT5 is rather complex! To import the data into MT5 is best explained in the form of a video. There are some videos on Youtube but they don’t show the whole process. I don’t know of a good video that does the subject justice.  In addition the premium data in MT5 does not automatically update.

    • #203961
      Anonymous
      Inactive

      Hey guys I have just updated to the new version of bot and the bot is not opening trades with a stop loss on any of the currencies, is anyone else having this problem?

    • #203965
      Anonymous
      Inactive

      Scratch that guys it was because I had percent stop set to 0

    • #203997
      Anonymous
      Inactive

      Thanks for the update. Quick question I run the ea’s on my laptop and can have that on all day. Do i need to have it on over weekends when the markets are shut. Will it pick up the trades left open before the weekend??

      • #204000
        Anonymous
        Inactive

        Hi Martin,

        Yes, you can shut down the laptop during the weekend.  I usually use the weekend to check my windows update to makes sure my laptop doesn’t try to update windows during the week when I have my EAs running.

        Kind regards,
        Alan

    • #204013
      Anonymous
      Inactive

      Hello Petko

      Thank you for the updates. I used V4.2 on a Demo Account and now I’m using them on a Live Account the same way as you show it in the videos (I only put the best EA on Live Account).

      I have a question about the shown trade summery. Are these the stats of FTMO Robot V4.3? Or is it from V4.2? And did you use SL & TP (300, 600) as preconfigured on V4.3 in every pair? Or do you recommand the SL/TP from V4.2?

      I’m trying to decide to put the GBPCAD V4.3 directly on Live Account and put all robots in demo account parallel again to always switch to the best performing one. Since I don’t trust the MT5 backtesting data and EA Studios is too expensive for me at the moment i’d be thankful for your opinion or recommendation on this.

      Thanks in advance and kind regards

      Dani

       

    • #204017
      Anonymous
      Inactive

      I’ve put gbpcad on a 10k challenge and I’m currently -180

      • #204029
        Anonymous
        Inactive

        Hi Martin,

        Sometimes the EAs will go through a period of drawdown before they become profitable.  This happens to me all the time.  There are three things you can do:

        1.  Let the trade continue to run and let the EA either close the trade when it hits the TP or SL.  There are safety precautions in place in the EA to keep it from blowing up your account.

        2.  If you don’t feel comfortable with the trade you can manually close the trade and let the EA find a new entry point.

        3.  Put all 7 EAs in a demo FTMO account and watch it for a week or two and then move the profitable one to the challenge.

        Hang in there!

        Kind regards,
        Alan

    • #204033
      Anonymous
      Inactive

      The account is -180 I only set lots of 0.3 so the trades have all closed.

      I have the 7 running on a demo aswell it was gbpcad that was the best last week so chucked it on.

      Just bad luck I guess.

      • #204047
        Anonymous
        Inactive

        Hi Martin,

        It happens don’t give up.  My demo FTMO account is about even for the last two weeks.  I am still running FTMO EURUSD version 4.1 on my demo account.  I started the demo account August 1st.  As of now it is positive about 7%.  You can check out my demo account results on the link below.  The FTMO demo account lasts for 14 days then I have to restart it.  The first 14 days saw good profit of 2.5%.  The second 14 days saw good profit of 1.4%.  The third 14 days saw good profit of 3.7%.  When I combine these I get a 7.6% profit.  Tomorrow will complete the fourth 14 day demo account test and it looks like it will be about breakeven.  So for two months it looks like my profit will be 7.6%.  The demo account is a $10,000 account with a lot size of 0.3 lots.

        Based upon these results I started a live 50K challenge last week.  As of today the account is at $49800.  So I lost about $200 this last week.

        hope this helps!

        Kind regards,
        Alan

        FTMO DEMO

    • #204051
      Anonymous
      Inactive

      Hi Petko i have 2 questions:

      1. My broker uses an “x” suffix…do i have to do something? (i’ve been running the bot all day and no trades..no errors either…)

      2. On the instructions it says that i need to press the home button and load the M30 bars into the M1 chart….but my mac doesn’t have a home button…Ive tried many key combinations…can you provide instructions for mac users?

      • #204067
        Anonymous
        Inactive

        Hi Diego,

        I can answer your questions for you:

        A1.  The suffix “x” is just the name of the chart on the tab and has nothing to do with the actual data feed.  So no, you do not need to do anything.  As long as the EA has been loaded onto the chart successfully then it is working correctly.  Depending upon the EA and the time frame it may take a day or two before you will see a trade.  If the EA you are referring to is one of the seven FTMO EAs then “yes” it may take a day or two before you see an open trade.  The FTMO EAs are filtered such that they only take high quality trades.

        A2.  What the instructions say is that on the M1 chart you should hold the HOME key down until the chart loads the maximum number of candles or bars.  You can tell when it is finished loading bars when the chart stops moving.  Before doing this however please un-depress the “Scroll to the end of the chart” button and the “Shift end of chart” button located in the tool bar.  Also press the “Zoom Out” button to zoom out as far as possible.

        Also on the M30 chart do the same thing.

        On the Mac here is the key combination for the Home and End keys:

        Home Key: Command-Left Arrow
        End Key:    Command-Right Arrow

        Hope this helps!

        Kind regards,
        Alan

    • #204072
      Anonymous
      Inactive

      <p style=”text-align: left;”>Thanks Alan for replying.</p>
       

      Be good to have a community in discord where we can discuss the robots and what ones look best for the upcoming week etc.

      And also when to swap out the robots is a good question.

      • #204217
        Anonymous
        Inactive

        It would  be amazing! and live tracker  …

    • #204507
      Anonymous
      Inactive

      Hi guys, the issue I am having now is that the EA is only aiming for SL and TP but i would like it to reverse or close its position when a opposite signal comes in. I cant see a option for this in the input list? Can you please explain how I achieve this? Thank you.input list

    • #204533
      Anonymous
      Inactive

      Hi Dylan,

      With the setting you have, when you get an opposite signal the open position should be closed out. Then when you get a new signal a new position will be opened. If the new signal is a signal to go short then a sell market order will be placed. If a new long signal then a new buy market order will be placed. If you do not get an opposite signal then when the TP or SL is hit the open position will be closed.

      Alan,

    • #204567
      Anonymous
      Inactive

      ok Thanks For you reply Alan. And is it possible to have the position reverse instantly on opposite signal?

      • #204576
        Anonymous
        Inactive

        Set “Amount of reduction on close” to 2 lots.  This will open an  opposite position of 1 lot.  It closes the one open position of 1 lot and opens an opposite position of 1 lot.  Hence the setting of 2 lots.

    • #204583
      Anonymous
      Inactive

      Awesome that makes perfect sense! Thank you

    • #204598
      Anonymous
      Inactive

      Hello, Alejandro here. I have installed the FTMO Robot and it is already running in demo account of $100 in MT4, for which I inputed to use 0.01 lots. I wanted to run backtest from January 2023 to now october 2023, in same MT4, but it makes a sound, the green bar displays really quick, and does not show results. Thanks.

    • #204713
      Anonymous
      Inactive

      Hello,

      I have recently bought the FTMO robot, and got it all set up. I have mainly tried EURUSD, but i have tried a couple other robots to see how good they are with the backtesting. I have been fiddling around on the EURUSD bot, after setting up with the settings shown on the guide, and i had been putting in a whole range and combinations of settings.
      Problem : I have never once been profitable in my backtesting results for EURUSD. Every backtesting results actually goes consistently down in a relatively straight line.
      Can someone please help?

      Thanks

    • #204718
      Anonymous
      Inactive

      Hi mucho_bucho,

      How much history data do you have for M1 and M30? Can you provide a screenshot of the backtester settings?

      Alan,

    • #204746
      Anonymous
      Inactive

      In my case, I tested yesterday all 2023 for EURUSD, and it was negative as well… about 16% down… I am trying to test again but I does not want to work… I wanted to show you my screenshot.

    • #204749
      Anonymous
      Inactive

      I changed the period time to M30, from M1, and it did do backtesting… I had it from January to octiber 2023, but result was negative, about 16%…

      Does changing the period affect backtesting?

      Why does it not work if I choose Period M1?

      I am trying to run backtest again, same as yesterday but it did not work.

      In Model, in a video, Petkov indictaed to sue Model, “Open…” . but I tried it now and is not working… now it seems to be running a bit slow with Model “Every tick…”

    • #204773
      Anonymous
      Inactive

      I just found out, also in the same THe Complete FTMO Challenge course, how to download historical data from one´s EA account… then imported into de MT4 account for backtesting, and now it worked… it backtested from end April 2023 up to 13 Octber 2023, and it was profitable, about 22%.

    • #204800
      Anonymous
      Inactive

      Alan/Petco,

      With the Home Key method of loading the charts, the most data I get is 2 days on the M1 and 30-45 days on the M30. Is this going to be adequate for trading with this system and if not, is there something else I can do to get more data loaded on the charts???

      I have good results after my first week of trading on a $10,000 demo account. I will share the screenshot below. I updated to v4.3 in the middle of the week, so these results are from running both the old v4.2 up to Wednesday and then v4.3 from midday Wednesday to Friday close.

       

      • #204805
        Anonymous
        Inactive

        Hi Gary,

        The amount of history you have will be sufficient.  However, if you want to try and increase the historical data try the following:

        Click on Tools>Options>Charts
        In Max bars in history fill white space with 9’s
        In Max bars in chart fill white space with 9’s
        Click OK
        Now go back to the chart and hold down the HOME key to see if you can get more history.

        Alan,

        • #204807
          Anonymous
          Inactive

          Alan,

          I tried that but even though I put in all 9’s, the highest level it will go to is 2147483647. It did add a couple of days to the M1, but no changes to the M30.

          • #204818
            Anonymous
            Inactive

            Hi Gary,

            Yes 2147483647 is the normal result.  Good to hear it added a couple more days.  The EA should work properly!

            Alan,

    • #204804
      Anonymous
      Inactive

      Petco,

      Now that you added the entry time option, is there anything we need to do to adjust to our Broker time?

    • #204885
      Anonymous
      Inactive

      When will the Udemy students have access to version 4.3?

      • #204916
        Anonymous
        Inactive

        Hi Eugene,

        I have contacted Petko about this issue but have not yet heard back from him  I don’t have access to the Udemy course so I cannot check myself.  I think the links are all the same so you may just need to refresh your browser to see if the link will now show version 4.3.

        Alan,

         

    • #204940
      Anonymous
      Inactive

      Hey guys just a few questions about the chande momentum oscillator, is the chande working on the 1 min timeframe? and in mt5 is it just called the momentum indicator? as I am struggling to find chande momentum in the list of indicators and I would like to have them all on screen. Happy trading for the week ahead everyone!

    • #204994
      Anonymous
      Inactive

      The EURUSD Robot was updated with V4.3 in the course.

      Cheers,

    • #205286
      Anonymous
      Inactive

      Hello Petko!I want to buy these FTMO robots from you. I am a licensed user of FSB Pro. And I have a question. Have these robots passed the MONTE CARLO test!!?? Yes or no. I just have similar robots and they do not pass the MONTE CARLO test!!! Please answer!!!!!

    • #205404
      Anonymous
      Inactive

      Hi, I would like to ask your opinion on this thing that is driving me crazy.
      I installed all 7 EAs on 2 identical FTMO trial accounts, the only difference is that one is on MT4 and one on MT5.
      I gave the same settings to the EAs and I’m making them work on the same VPS.
      I started them at the same time but they work differently. They’ve been working for 10 days… Can anyone explain to me why? Thank you

      • #205440
        Anonymous
        Inactive

        MT4 only allows Hedging whereas MT5 allows both Hedging a Netting.  You may have MT5 set to Netting this would cause a difference in how these two terminals trade.  You can choose Hedging or Netting when you create a demo of live account.

        • #205466
          Anonymous
          Inactive

          Thank you for your answer. I opened 2 identical $200k standard ftmo trial accounts. I believe MT5 is also hedged. This is the screenshot. Practically the GBPCAD operation opened it up for me in reverse between mt4 and mt5.
          I realized that EURUSD is different in terms of trade but the time and direction of the trade are identical

          EXAMPLE

          • #205471
            Anonymous
            Inactive

            Hi Cristian,

            Yes MT5 is Hedged!

            The reason GBPCAD is reverse between MT4 and MT5 could be  the MT5 hedging or in the EA Properties settings.  Please provide a screenshot of the MT4 and MT5 EA Properties settings.

            Alan,

            • #205494
              Anonymous
              Inactive

              Hi Alan, I am grateful for your kindness.
              These are screenshots of the properties. They are identical… In your opinion the EA works better on MT4 or MT5 because I would like to try using it on a 10k challenge and I don’t know which metatrader to choose for the EA.

    • #205611
      Anonymous
      Inactive

      Hi all,

      I am testing all 7 curr on my trial account now. I have seen all videos with Petkov’s instructions. After testing it few days I can see different resault from different pairs… but it is difficult to expect same resault next week as this week. So this is why I am wondering if diversification of risk can work here. If I put 3 pairs in the same time on 100K account 1 lot per pair. It should be the same risk as one pair with 3 lots but it is more spread… is there someone who used this strategy like that?

    • #206159
      Anonymous
      Inactive

      How much did you put in percent stop?

    • #206860
      Anonymous
      Inactive

      Hi

      I purchased the FTMO robots a month ago and  it passed the FTMO 50k DEMO challenge with all 7 EAs. Now I am enrolled in 100k real challenge and in last 9 days, it is up by 2%. I still have my demo accounts to monitor which are the top EAs in last one week and based on that I am using top 3 EAs GBPCAD, EURUSD and AUDNZD in my real FTMO challenge:

      My questions:

      1) In 100k challenge, I am trading 3 pairs with 1 lot size , it that okay or should I change any settings? I am trading EA as is.

      2)If I manually close any trade or manually open any trade, does it affect the EA settings or how EA trade?

      3) Sometimes I see trade reverse and I tend to manually change it, should I do it or leave the EA as is? Of course that going in contrast of automatic trading. In long term, I want to trust the EA and trade automatically.

      4) Today, in Lisa Forex YT channel(FTMO EA review video), Petko mentioned in comments that he passed 2 challenges in the last 48 hrs. Could you please share more details how he did that? which pairs, account size etc.

      5) How to calculate the % of account size with lot size? How much account size I am risking per lot?

      thanks,

      Parveen

       

    • #211464
      Anonymous
      Inactive

      I like to run monthly optimisations on any EA i trade, to ensure the EA setfiles deployed are  inline with the ever changing market.

      One of the important settings I always optimise is the lot size however I have noticed the FTMO Robot does not allow the lot size to be selected for optimisation.  This means lot size testing must be done manually and and a separate test run done each time which is not efficient.

      Could you pls advise why this important setting cannot be selected for the optimisation ?

      Also, I typically run optimisations using ‘every tick based on real ticks’ but as the FTMO Bot opens trades based on open bars, would it be possible to use the much faster ‘open prices only’ modelling when running an optimisation?

      When optimising,  my tester settings are typically as follow;

      The longer term testing is usually current YTD test start with  an IS/OOS forward period and the shorter more recent testing is typically 16-weeks, both using an IS/OOS of 1:4 ratio split.

      The results are then extracted into excel for data analysis using the rules i have developed.

      I like to use the ‘Slow Complete Algo’ optimisation with ‘Complex Criterion Max’.

      Can you please advise if this optimisation process outlined above is suitable for the FTMO Robot and if not pls advise the process you recommend?

      thanks

    • #206943
      Anonymous
      Inactive

      After extensive back testing this yesterday, I have found it to work better on GBPUSD not EURUSD. I have changed multiple settings to get these results.
      Problems I have found. Results are only good from Jan this year (6 months) which worries me being a long term stable bot.
      Also I have put it on a live and demo account and it hasnt made a trade yet. Perhaps something in the coding ??
      Would be great to see how others have done.

    • #206944
      Anonymous
      Inactive

    • #206951
      Anonymous
      Inactive

      Hi

      I m testing the EA for FTMO Challenge on an FTMO Trial but  the EA don’t set a BE as configured in the settings

      got this error  (I have 6 of the EA runging and got the same error on each one)

       

      i’m runing v4.3

      any help or update ?

    • #207489
      Anonymous
      Inactive

      greeting,

      i bought the ftmo robot and it hasn’t been great till now i lost almost 500 dollars on ftmo demo i want to ask what properties should i change in order to get profit from the robot im using 50k account

    • #207504
      Anonymous
      Inactive

      You should just change the lot size. For a 50K account, it would be 1.5 lots.

      Otherwise, give it some time! Did you put the 7 robots on a trial account first?

    • #207729
      Anonymous
      Inactive

      hey thank u for replying, no i didnt put the 7 robots i only put the eurousd

    • #207787
      Anonymous
      Inactive

      I’ve been testing for a few days now on trial account. For now the EURUSD is my top performer: +3,522.00 in 4-5 days, but the win rate is only 50% out of 4 trades. So, depending on when you started, it can differ.

      Here is a link to my myfxbook dashboard: https://www.myfxbook.com/portfolio/ftmo-demo-challenge-200k/10491050

      Feel free to have a look if it can reassure you.

      Plus a loss of $500 is only 1%. So far so good :)

      • #207840
        Anonymous
        Inactive

        Your link didn’t work..

        • #207869
          Anonymous
          Inactive

          Oh! I can’t set it to public…. I’ll try

    • #207795
      Anonymous
      Inactive

      Should this new FTMO beta EA for the EUR/USD be setup on the M15 chart?

      What about loading the bars for the M1 & M30 timeframes… is this still correct?

      I can only get about a month of data no matter what I do.

      The settings in this new Beta EA are different. Is there any info on these new settings?

    • #207796
      Anonymous
      Inactive

      What is this new FTMO beta EA? I bought the FTMO bots and haven’t had any update. Still v4.3

    • #208053
      Anonymous
      Inactive

      Petko shared this updated EA last week, for the EUR/USD currency pair.
      EA Studio EURUSD M15 56512203

    • #208731
      Anonymous
      Inactive

      hi

      Hello all.

      I have my EA break even setting set at 300 points, stop loss 300 and TP600, But even when trades have hit TP the stop loss has not been moved to break even What am I doing wrong here?

      I’m confused about the trading hours 01 to 23 in the robot… I’m in the UK on GMT and my broker is GMT +3 so what do I need to set the trading hours to in the robot settings. Confused!

       

      Thanks for your help

       

      Pabs

       

       

    • #208743
      Anonymous
      Inactive

      Further to my equation on BE SL…after recompiling with the logilewrite set true ..This i what i see in the Experts log… many attempts to set the SL but none executed

      .

      2023.10.31 16:17:56.969 EURAUD M1 FTMO Filter M30 (3) (EURAUD+,M1) Error with OrderCheck: Position doesn’t exist
      2023.10.31 16:17:57.078 EURAUD M1 FTMO Filter M30 (3) (EURAUD+,M1) SetBreakEvenStop(300) set StopLoss to 1.67314, Ask=1.66998
      2023.10.31 16:17:57.544 EURAUD M1 FTMO Filter M30 (3) (EURAUD+,M1) Error with OrderCheck: Position doesn’t exist
      2023.10.31 16:17:57.644 EURAUD M1 FTMO Filter M30 (3) (EURAUD+,M1) Error with OrderCheck: Position doesn’t exist
      2023.10.31 16:17:57.751 EURAUD M1 FTMO Filter M30 (3) (EURAUD+,M1) Error with OrderCheck: Position doesn’t exist
      2023.10.31 16:17:57.857 EURAUD M1 FTMO Filter M30 (3) (EURAUD+,M1) Error with OrderCheck: Position doesn’t exist
      2023.10.31 16:17:57.966 EURAUD M1 FTMO Filter M30 (3) (EURAUD+,M1) SetBreakEvenStop(300) set StopLoss to 1.67314, Ask=1.66996

    • #208769
      Anonymous
      Inactive

      After your trade makes a profit of 300 points or more and the trade reverses direction Breakeven will place a breakeven order to protect your account from loss. The SL will not change. The breakeven order will override SL price.

      No trades will be taken until after 1 hour after the market opens and will stop placing trades 1 hour before the market closes.

      Alan,

    • #208796
      Anonymous
      Inactive

      Just got the same problem. Position exists, but SL can’t be moved to break even. “position doesn’t exist” is not reassuring.

      I moved the SL manually

    • #208845
      Anonymous
      Inactive

      I have the same thing. Would be nice to know what’s happening

    • #208863
      Anonymous
      Inactive

      looking at the code and the error message thats not what i see happening. What i see is the EA trying to move stop to BE to protect against a loss after being up 300 points.

       

      Anyway, that still doesn’t fix my problem with the error message which is trying to set stop to breakeven ?

       

      2023.10.31 16:17:57.078 EURAUD M1 FTMO Filter M30 (3) (EURAUD+,M1) SetBreakEvenStop(300) set StopLoss to 1.67314, Ask=1.66998

      • #208902
        Anonymous
        Inactive

        After your trade makes a profit of 300 points or more AND the trade reverses direction Breakeven will place a breakeven order to protect your account from loss. The SL in the EA properties box will not change. The breakeven order will override SL set in the properties box.

        Alan,

    • #208882
      Anonymous
      Inactive

      Hello all, yes I’m having the same problem seems like there is an issue with the EA So currently I’m also setting SL to breakeven manually.

       

      This is happening on MT5 not sure if it also occurs on MT4, but this issue needs to be fixed ASAP

    • #208916
      Anonymous
      Inactive

      Alan, thanks for your replies but …

      Thats not what the EA is trying to do it seems to me…its trying to move the SL to breakeven….that’s the error message in the logfile…

      2023.10.31 16:17:57.078 EURAUD M1 FTMO Filter M30 (3) (EURAUD+,M1) SetBreakEvenStop(300) set StopLoss to 1.67314, Ask=1.66998

      the important part being in bold italics. 

      That doesn’t answer the fundamental question … why are we getting error messages? Whatever it is that the EA is trying to do is NOT WORKING.

      Is there a document where the EA settings are fully explained, especially this BREAKEVEN setting ? Or perhaps whoever setup the strategy for the Ea builder needs to come on the forum and give a definitive answer !

      • #208931
        Anonymous
        Inactive

        I too am trading the FTMO EA’s and they are working correctly.  When one of the EA’s reverses direction it will set a new SL at breakeven but the original SL does not change.  You can see the original SL by a small red dash after the new SL is set at breakeven.  So, the original SL does not move, however a new SL is set at breakeven.  There is nothing wrong with the EA coding.  FSBpro does not create faulty coding.  When you compile the EA in MetaTrader Editor you can see there is no errors.  If you are seeing error messages in your log file then the EA is not set up properly or there is an issue your broker.  If you are using FTMO challenge or FTMO demo account and the EA is set up properly in MT4 or MT5 it will work correctly.  The FTMO video lectures show how to set up the EA’s and how they perform when tested.

        Alan,

    • #208917
      Anonymous
      Inactive

      forgot to add…..what is a breakeven order ?

    • #208919
      Anonymous
      Inactive

      Here’s the code …. its trying to set the SL not open a “breakeven” order…

      if(position.PosType==OP_BUY)
      {
      breakprice=position.OpenPrice+_Point*commission/position.Lots;
      if(tick.bid-breakprice>=_Point*breakeven)
      {
      if(position.StopLossPrice<breakprice)
      {
      if(WriteLogFile)
      logger.WriteLogRequest(“SetBreakEvenStop”,
      “BreakPrice=”+DoubleToString(breakprice,_Digits));

      ModifyPosition(breakprice,position.TakeProfitPrice);

      Print(“SetBreakEvenStop(“,breakEven,”) set StopLoss to “,
      DoubleToString(breakprice,_Digits),”, Bid=”,tick.bid);
      }
      }
      }

    • #208933
      Anonymous
      Inactive

      Alan,

       

       it will set a new SL at breakeven but the original SL does not change

      …so is this an internal SL at breakeven… surely an order can only have one SL.

       

      After this week i will restart MT5 and reload the 7 EAs.  I’m running them on a demo account, see if that fixes the “Position not found” error.

      • #208936
        Anonymous
        Inactive

        Here is one of my live FTMO EAs trading right now and showing the SL moved to breakeven.  Note the red circle.  The red dash is the original SL.  It does not move because its price level is defined by the SL in points in the EA properties box.  However, notice the red arrow, it is pointing at the new SL set at or near the original Buy price.  So the orignal SL as defined in the properties box does not change.  However, it is overridden in the EA’s coding such that the new SL takes priority.

        Hope this helps clear up the confusion.

        Alan,

    • #208939
      Anonymous
      Inactive

      Alan,

      Yes i can see your SL is at BE now.

      So really its just a case of me restarting MT5 and loading the EAs again on the 7 pairs….this hopefully will stop the problem setting the new SL once the trade reaches “breakeven” points in profit.

       

      Thanks for your time.

    • #208956
      Anonymous
      Inactive

      Here’s a screenshot when the feature is working. You can see the “Error with OrderCheck”, so I guess there’s sometimes a problem with FTMO itself, because the position clearly exists.

       

      • #208962
        Anonymous
        Inactive

        Actually the position doesn’t exist! The latest closed EURUSD position is from Oct31 and the new position has been opened around 4:50PM broker time.

        Do you think there are “zombie” positions? In that case, would a restart and / or EA reattachment solve the issue?

    • #208994
      Anonymous
      Inactive

      Iclosed all open trades, removed all the charts, then restarted mt5 terminal.

       

      i then added the 7 charts and an ea to each chart/ Still i get errors.

      a snippet of my experts logfile : i am getting position not found and invalid lotsize errors now.

       

      MN 0 14:49:50.903 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      JL 0 14:49:51.011 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      RK 0 14:49:51.112 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      OK 0 14:49:51.218 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) SetBreakEvenStop(300) set StopLoss to 1.68087, Bid=1.6838899999999999
      NI 0 14:49:52.346 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      LG 0 14:49:52.454 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      JE 0 14:49:52.562 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      LP 0 14:49:52.670 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      DL 0 14:49:52.777 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) SetBreakEvenStop(300) set StopLoss to 1.68087, Bid=1.6838899999999999
      OQ 0 14:49:54.068 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      IL 0 14:49:54.169 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      HJ 0 14:49:54.276 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      RI 0 14:49:54.377 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      HF 0 14:49:54.486 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) SetBreakEvenStop(300) set StopLoss to 1.68087, Bid=1.68391
      PD 0 14:49:55.013 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      JR 0 14:49:55.121 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      DP 0 14:49:55.222 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      CO 0 14:49:55.328 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      EO 0 14:49:55.436 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) SetBreakEvenStop(300) set StopLoss to 1.68087, Bid=1.6839
      RJ 0 14:49:55.578 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      NH 0 14:49:55.686 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      GG 0 14:49:55.793 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      EE 0 14:49:55.894 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Position doesn’t exist
      NR 0 14:49:56.001 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) SetBreakEvenStop(300) set StopLoss to 1.68087, Bid=1.6839
      GQ 0 15:11:49.674 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Invalid volume
      IM 0 15:11:49.782 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Invalid volume
      GJ 0 15:11:49.890 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Invalid volume
      JF 0 15:11:49.998 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Invalid volume
      LS 0 15:11:50.181 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Invalid volume
      FP 0 15:11:50.282 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Invalid volume
      RL 0 15:11:50.390 GBPCAD M1 FTMO Filter M30 (7) (GBPCAD+,M1) Error with OrderCheck: Invalid volume

       

      as i said earlier….this is a 25k demo account on vantage markets.

      what do you suggest i do ?

    • #209001
      Anonymous
      Inactive

      Hello, just a quick one.
      Does the account allow micro lots?
      I think I may have had something similar previously with another prop firm.
      Take a look at the lots if you can? Sometimes (I may be totally wrong), the prop firm may not like micro lots?

      Not sure if this is any help, but try and take a look at that maybe.

    • #209011
      Anonymous
      Inactive

      no it was on a regular 25k mt5 demo account.

      i have given up on it and opened a 25k mt4 demo account, Lets see if it works now.

      • #209024
        Anonymous
        Inactive

        Install the FTMO EA on the M1 timeframe!  Make sure the Auto Trading button in the tool bar is pressed.  Maximize historical data on M1 and M30.  Use recommended lot size for a 25K account.  Then EA should work properly.

        Alan,

    • #209061
      Anonymous
      Inactive

      Well after moving to MT4 it all seems to working fine !

       

      Just had an SL moved to BE. :)

      • #209063
        Anonymous
        Inactive

        Yes, I’ve only seen the bug in MT5. Seems like MT5 is still making jokes

      • #209065
        Anonymous
        Inactive

        MT4 is best for trading with EA’s.

        Alan,

    • #209364
      Anonymous
      Inactive

      Dear Petko,

      I started my FTMO challenge this week on monday after testing the 7 robots for 2 weeks and seeing great results.

      I ran the top 3 robots and today I hit -5% after 4 days of consecute losses with only 1 winning trade.

      My question is, how do you decide when to stop trading completely and when to start running the top 3 EA’s again.

      It seems that the timing of when to run the top 3 robotos is crucial and would appreciate any guidance you could provide regarding the timing on when to use them.

      Thank you in advance.

      Charles

       

       

    • #209439
      Anonymous
      Inactive

      Hi Charles,

      The idea of using Expert Advisors is to let them do the trading without having to be manually manipulated.  It is a matter of putting trust in the EA’s.  Here is what to do:

      Demo test your EA’s like you have been doing.  Then move the top 1 , 2, or 3 to a second demo account which acts like a live account until you feel confident to trust the EA’s to do the trading.  In the second demo account set the SL so that your account will not lose more than 5% of the account balance.  I usually set mine to not lose more than 3% to give me some extra risk protection.  Once you have been successful demo trading then move to a live account.

      Here is what I have been doing:  On October 27 I started a 10K live demo FTMO Challenge.  I installed all 7 EA’s and set the Lot size to 0.05 lots.  I am using the Challenge to  test the EA’s because doing it in the FREE demo account interrupts the testing after 14 days.  I also wanted to test the EA’s in exactly the same environment I will be using for passing the Challenge.  I have kept the lot size to a small value during testing so that drawdowns don’t do much damage to the account where at the same time I can collect information on how the EA’s are performing.  The chart below shows the performance of the 7 EAs since October 27.  In the chart I see the collective trading of the 7 EAs have been going through a period of drawdown.  I will continue testing using I see the chart start to show profit.  Once the chart starts to show profit then I will select the top 3 and move the lot size to 1.0 lots.

       

      Alan,

    • #209489
      Anonymous
      Inactive

      I confirm same problem

      work well on MT4 but not working on MT5

      hope that it will be corrected !

    • #209533
      Anonymous
      Inactive

      Hi,

      I bought the bot this morning, and started it on a 100K Demo account on IC Markets.

      I only changed the lot size from 1 to 3.

      What am i supposed to change, is it enough just to change the lot size like i did?

      And is these kinds of lost trades normal?

      What is the recommended settings for 200K FundedNext?

    • #209666
      Anonymous
      Inactive

      Hi Soeren,

      As long as you are only going to trade one EA then the 3 lots for a 100K account is the recommended lot size as it limits your risk to 1%. If you are only going to trade one EA on a 200K account then the recommended lot size is 6 lots as this limits the risk to 1%. However, if you are going to trade more than on EA in the same account then you need to divide the 3 lots or the 6 lots between all the EA’s you plan to trade. This way if they all hit the SL then the account will only lose 1%. The idea is to limit the risk to the account to 1% and not each EA. While limiting the account to a risk of 1% you can always limit the account risk to a lower amount.

      Alan,

    • #211941
      Anonymous
      Inactive

      Hello, I am trying to test the robots on a demo account but the spread option seems to prevent the robot from trading. how I can change this. see the attached screenshot

    • #211945
      Anonymous
      Inactive

      Did you just set it up now? If so, the markets are closed for the weekend and it’s normal to see this spread level.

    • #211962
      Anonymous
      Inactive

      no, it’s still like that on some currency pairs.

    • #211996
      Anonymous
      Inactive

      Hi guidb3629,

      You will need to increase the Spread Level. I recommend identifying the spread during the first couple of hours after the market opens for the day and using this spread level or slightly less so the EA will not take trades when the spread is high.  High spreads has the potential of limiting profits and increasing losses.

      Alan,

    • #212073
      Anonymous
      Inactive

      Thanks Alan

    • #212523
      Anonymous
      Inactive

      Before everything was ok, but since 9 or 10 November, the EA version 4.3 open some trades without SL. Attached file is an example, any help?

      • #212532
        Anonymous
        Inactive

        Hi Joko,

        Sounds like a problem with Metatrader.  Try to enter the SL manually and see if Metatrader will accept it.

        Alan,

        • #212607
          Anonymous
          Inactive

          Yes, it accepted it when I put manually, but of course we need the automatic one.

    • #212687
      Anonymous
      Inactive

      any measures to solve it, Alan? Thanks.

      • #212748
        Anonymous
        Inactive

        I haven’t seen this issue before.  Have you tried to close MetaTrader and restart it.  Have you removed the robot and reloaded it.

        Alan,

    • #213237
      Anonymous
      Inactive

      Please help me. Since I started last month, I have never found a profit until now, and I lost a challenge worth $1,000. Please help me recover my loss. I own an ftmo robot.

       

    • #213342
      Anonymous
      Inactive

      Hi Muslim,

      Which version of the FTMO robot do you have?

      Alan,

    • #213350
      Anonymous
      Inactive

      <span style=”vertical-align: inherit;”><span style=”vertical-align: inherit;”>4.3</span></span>

    • #213361
      Anonymous
      Inactive
      1. 4.3 اصدار
      • #213441
        Anonymous
        Inactive

        The following is the recommended lot sizes for given account sizes.  These recommendations will limit your account risk to 1% keeping you from losing your account.

        Alan,

    • #213601
      Anonymous
      Inactive

      I use lot 3.00 and max lot 5.00
      Note that my account had 100,000 K and the bot was losing in all of this

      • #213605
        Anonymous
        Inactive

        The following is the recommended lot sizes for given account sizes.  These recommendations will limit your account risk to 1% keeping you from losing your account.

        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

        What robot are you trading?

        Alan,

    • #213700
      Anonymous
      Inactive

      Use bot v5.0                                                                                                                                                                                                                        Can I contact you on Telegram or WhatsApp? I want to confirm the method of installing the robot. Is it correct? However, I am certain that it is correct.

      • #213760
        Anonymous
        Inactive

        If you are using v5.0 robots then the lot sizes above are not correct.  Those lot sizes are for v4.3.  For the correct lot size for v5.0 you  should have gotten the Set Files with your v5.0 download.  They will show you how to set up the lot sizes for each of the robots.

        Alan,

         

    • #213964
      Anonymous
      Inactive

      Yes, I used the settings for my account size on each pair

      • #214023
        Anonymous
        Inactive

        Petko will always first test the EAs in a demo account.  He likes to test the EAs for from 3 to 5 days.  Then he will move the best 1,2, or 3 EAs to a live account.  Petko uses the recommended lot size for each EA.  With Petko’s strategy he aims to complete the challenge in a short period of time.  However, when he fails a challenge he starts a new one.  You need to be consistent with this strategy to pass the challenge.

        Alan,

        • #223298
          Anonymous
          Inactive

          @AlanYou mean ‘you need to be consistent and keep failing the challenge and start again and again and again until one day you Pass.’ Imagine the cost of VPS we are paying for this – avg of $25/month , having said this – you do say that Money back if EA is not profitable. Now, I struggling to understand your reply inline with your promises and refunds. I was very close to buy this product but I need to assure myself for where would I stand as a customer after buying it.

          • #223357
            Anonymous
            Inactive

            Hmm, this is a little concerning to me. Petko made it sound like it is very difficult to fail a challenge if you follow the instructions. My thought was sure you would fail a challenge here and there but for the most part you could pass eventually with the EA’s if using proper risk management.

          • #223418
            Anonymous
            Inactive

            Hi Sammy / Brian,

            Sounds like you are not ready to start trading the FTMO robots.  I suggest you follow my trading of my testing the v5.1 robots.  Hopefully, this will give you a real life experience of what goes into testing and trading the robots.

            I just started demo testing FTMO v5.1 robots on Dec 24th.  After testing the robots I will then start a challenge. The last post in the following link shows my testing of the v5.1 robots.  I will be updating the results of my testing this weekend.

            https://eatradingacademy.com/forums/topic/my-ftmo-strategy/#post-222356

            I would also suggest the video “FTMO Robots – The Complete Users Guide:

            https://eatradingacademy.com/forums/topic/is-the-robot-available-for-multiple-funded-accounts/#post-219126

            Alan,

            • #223461
              Anonymous
              Inactive

              Thanks Alan, after visiting that link and looking into your strategy. I have now bought the FTMO Robot.

              I will nail this down. I am way too determined to get this successful.

               

               

    • #223176
      Anonymous
      Inactive

      I hope everyone knows If you want to use it on a different broker account than FTMO you will have to optimize to new broker on mt5. Also great to use EA builder for  it .

      • #223315
        Anonymous
        Inactive

        What exactly do you optimize for a different broker?

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