FTMO Robot General questions

[Olivier Hoeksma]

I have multiple funded accounts and I am wondering if it is possible to add the robot to all. Besides that, is it possible to trade by yourself and not interfere with the bot?

[janan]

Can we use EA to make profit after passing phase 1 and phase 2.

[Petko Aleksandrov]

Hey Janan,

The EAs has no limiatons at all. You can trade with it on funded account after the challenge or you can trade it on regular Forex account.

[KazGwada]

Hi

Has anyone already completed another FTMO challenge (notably Nova Funding) with the bot?
Are we sure the bot is difficult to detect on Nova?

[Majdi]

Hello there ,

as I’m watching the ftmo course I came across were Petko was talking about the Forex profit supreme meter .. and I downloaded it from below the video and applied it to my chart but for some reason it’s doesn’t look exactly as shown on Petko’s screen .. The pair names don’t show in full so I can’t read the pair name and also, it’s on top of the of the meter on the left .. please take a look at how it looks on my screen .. I’m attaching both screens how it’s on my screen and how it should be like Petko’s screen … any suggestion why this is happening or how can I fix this ? please note that i looked under the colors tab in the idicator settings and i see nothis to change font size. any one know how to solve this ?

 

Regards,
Mqjdi

[Alan Northam]

I just downloaded it and installed the exe file in the indicator folder. I then loaded it onto a chart and it looks normal. Maybe delete it and reinstall and see if it looks correct.

[Majdi]

Hello Alan,

I downloaded the FPS indicators again .. and i placed them on my charts in three different mt4 brokers .. the same issue is still here .. it’s still exactly as the image i attached earlier. im not sure how to fix this or what is causing this .. but i currently cant see the full pair symbols 🙁

[Majdi]

Hello all,

what are the settings for the Moving averages?  the three lines that Petko uses in his videos in the ftmo course.. exponential , smoothed, simple, linear .. Which one are they ? Can you please share the settings for the 3 MA used please ?

Regards,
Majdi

[Alan Northam]

It looks like you are using MT4 so that isn’t the problem.

I wonder if you are installing the correct file?

https://fxprosystems.com/forex-profit-supreme/

Install as an indicator.

[Gary Wenger]

Alan,

I tried the link you shared but when I downloaded the files the .rar file was blocked by Microsoft as a security concern.

[Gary Wenger]

The link on this website to download the Forex profit supreme meter indicator, seems to work:
Best-MetaTrader-Indicators.com

 

[Majdi]

Yes, that’s exactly what im doing .. find attached the indicator im attaching 

[Majdi]

this is also the indicator folder

still showing the same results !!

[Alan Northam]

It must have something to do with the MT4 terminal.  I would download a new copy of MT4 from your broker and install it.  Then install the indicator and see what happens.

[Alan Northam]

Hi Majdi,

Can you please refer me to the lecture or lectures where the MA is being discussed so I can review them. That way I would be able to answer your question, thanks?

Alan,

[Magiangelic]

Hi,

If I buy the ftmo robots at this course https://eatradingacademy.com/premium-robots/ftmo-robot/

can I pass ftmo with it following the swapping in and out to market conditions?

Or do I still need to take the course here https://eatradingacademy.com/courses/ftmo/ftmo-challenge-course/

i am not much of a trader myself so if the ftmo robots with the swapping in and out would suffice, that would be great.

[Alan Northam]

Hi Magiangelic,

You do not need to take the course, however, it is recommended to learn how the EAs work, how to adjust its parameters, and how to select the best ones for trading.

Kind Regards,
Alan

[Majdi]

i tried that too on a new mt4 installation ..  i also tried 3 different mt4 brokers .. and i also tried a totaly different laptop with a new mt4 installation and the same issue still exists .. lol .. im out of options here .. i really dont know what else to do .. this is an integral part of ftmo course .. the first step is to use the indactor to identify the power of currency pairs i should be trading .. as of now i cant seem to do that with not being ablke to see the symbol of the currency or cofirm it.

[Alan Northam]

Hi Majdi,

I don’t know what else to suggest either.  I have tried to simulate your problem but cannot make my PC act like what you are seeing when I install the indicator.  When I install the ForexProfitSupremeMeter it works normally as I have shown above in an earlier post.  I will contact Petko about this issue and see if he has any other suggestions.

Alan,

[Alan Northam]

Hi Majdi,

You only need the ForexProfitSupreme Meter if you are going to manually trade an FTMO account.  If you are going to auto-trade then you can skip down to the auto-trading section.   Auto-trading does not require the ForexProfitSupreme Meter.

Alan,

[Alan Northam]

Hi Majdi,

Try the following:

Close MT4:

– From File Explorer, right-click on the MT4 terminal file.

– Select Properties.

– Go to the Compatibility menu.

– Click on ‘Change high DPI settings’ near the bottom.

– Check the box in the area that says ‘High DPI scaling override’. ‘Override high DPI scaling behavior.’

– Select ‘System (Enhanced)’ as the response to ‘Scaling performed by:’

– Click OK, then Apply.

– Take a look at the indicator again in MT4, and hopefully this will work.

Alan,

[Majdi]

sure i will look for them and post back here

[Majdi]

the 3 ma showen here .. which method do they use ? i asume it’s either Smoothe or  Simple because it says SMA .. but which one is it ?

[Alan Northam]

Simple moving average!

[Majdi]

also here in this lecture .. the moving average used on m1 chart .. petko mentions it’s 20 moving average .. but again which method of moving average is it ?

 

[Alan Northam]

Simple moving average!

[Saud Iqbal]

Helloo….i have a question…if everyone is using same EA on same TF then everyone must be getting same results while using recommended settings and lot sizes.. soo isn’t is possible if anyone tells here which EA is mostly profitable..it might save alot of time of others and secondly As Petko said in his video that metatrader backtesting results are not so precise soo forward test it for best results…soo many of traders might have forward tested it on demo or live accounts…soo can anyone share results here?

[Steven Sanders]

Hey Alan,

I had the same problem as the original poster. I tried what you had written above and it worked!

Thanks for providing the solution.

[Alan Northam]

Hi Steven,

I am happy to hear the solution worked for you and you can use the Forex profit supreme meter.

Alan,

[Candas kasap]

 

can i use 2 robot same time for eur/usd , and I’ve been waiting all day, but nothing has happened

[0xBitpool]

You should be able to use 2 robots, as long as they are on different charts. Depending on the strategies, it can take some time before they make their first trade. Not trading is also trading 🙂

[Candas kasap]

last question can you check the photo,  ALGO TRADING is with RED DOT  is it ENABLED ore DISABLED ?

[Alan Northam]

Red dot means disabled!

[0xBitpool]

Oh nice catch! Yes, auto trading is disabled, so no trade will be placed

[Lee Wagstaff]

As I know prop firms have a max allocation? when passed and if i want to use this on the actual live account already using perceptrader on one funded account. But do these ftmo bots randomize the trades at all? i can see from broker to broker they are different but im not sure if it would be on same broker… ALSO MASSIVE THANKS as its performing very well!  Just one certificate from last week

[Alan Northam]

Hi Lee,

The FTMO Expert Advisors do not randomize trades. Having said that the same Expert Advisor will trade somewhat differently from one broker to another. This is because the historical data is not exactly the same from broker to broker. Even if you place the same Expert Advisor on two different charts with the same broker one of the charts may place a trade and the other may not place the same trade at the same time. This is because of the difference in the time it takes metatrader to send the order to the broker varies.

Congratulations on passing the evaluation stage!

Alan,

[Majdi]

Hey Alan,

YESSS .. finally your sugesstion above solved the problem 🙂 thank you very much for staying on top of this untill it was resolved 🙂 highly appreciate your effort.

Regards,

Majdi

[Alan Northam]

No problem, happy to hear it is now working!

[Majdi]

Hello Alan,

Thanks for clarifying the MA method, apprecitaed 🙂

Regards,

Majdi

[Donghyeok Son]

I just purchased the FTMO ROBOT EA, however the link to download it isn’t working

[0xBitpool]

What do you mean it’s not working? 404?

[Donghyeok Son]

It says “This site can’t be reached”

and also gives the error code
“DNS_PROBE_FINISHED_NXDOMAIN”

I had VPN running while purchasing the order, I’m not sure if that had anything to do with it.

[Donghyeok Son]

Never mind, somehow after 1 hr, the link is working. All is good.

[0xBitpool]

Nice!

[Marek]

Hi, I had the same problem with the ForexProfitSupreme Meter display in the beginning, but thanks to the tutorial from Alan, the ForexProfitSupreme Meter is now displayed correctly. But unfortunately I am not getting any values. When I run ForexProfitSupreme Meter I just get the error message ForexProfitSupreme Meter GBPUSD,H1: Alert: Some currency pairs are not available\n for calculating the indices.\n:NZDCAD:NZDCHF:GBPNZD:GBPCAD:GBPAUD\nCalculation formula will be changed.  and no values are loaded. Also in strategy is this: ForexProfitSupreme Meter GBPUSD_ecn,H1: incorrect start position 0 for ArraySort function

[Alan Northam]

Hi Marek,

It looks like you are having an issue with the broker.  I suggest opening a demo account with another broker and installing the ForexProfitSupreme meter there.  I have tested it with Dukascopy and the indicator works correctly there.  Here is a screenshot:

Also note the ForexProfitSupreme meter is only used for manual trading.  Once you start auto trading with robots it will not be needed.

Alan,

 

[Marek]

Hi Alan,

thank you for your test. When I look at your screenshot, I see the AUDNZD currency pair. And if I look at my screenshot, I can see the currency pair GBPUSD_ecn. All my currency pairs have _ecn at the end. When I added other currency pairs to the symbols that do not have _ecn at the end, ForexProfitSupreme Meter works correctly for me. Thanks for the help

[Alan Northam]

Yes, if you have the option to select currency pairs in the symbols list that does not have the ecn suffix that is great!

Alan,

[Luce]

Hello Alan,

 

i have the same problem as Marek.

My pairs are ending with “.”

For example: EURUSD.

I dont want to change the broker just because of this problem.

In the settings of the indicator, I did not find any setting to change that :/

 

BR Luce

 

[Luce]

*cant edit my post so i just write it here*

in the settings of the indicator its possible to edit the Prefix but not the Suffix (which i neeed)

[Alan Northam]

Hi Luce,

This usually occurs when the broker operates in more than one country.  Right click in Market Watch and select “Show All”.  You should now be able to scroll down and find the currency pair without the “.”, if I understand your question correctly.

Alan,

 

[Luce]

Hello Alan,

i did that but they have all the point at the end:

 

BR Luce

[Alan Northam]

Did you try clicking on View in the tool bar and then clicking on Symbol.  Then search through the lists to find the right pairs?

Alan,

[Alan Northam]

In Market Watch did you scroll all the way down to the end?  Click anywhere in Market Watch and then move mouse wheel to end of the list of pairs.

Alan,

[Luce]

I did find these pairs:

 

But now they are like light grey:

 

[Jeremy]

Hello all,

I just purchased the FTMO robot and I would like to know if the EA will work on 1:50 and 1:100 margin.

thanks!

[Michael]

Hi guys,

Could you please advise if there is a solution to receive email notifications for all the trades in my account?

I have already set up SMTP notifications in the MT4 terminal. The issue is that MT4’s alerts only allow for price level notifications. I would like to receive notifications for all trade activities occurring in the account. Do you have any script or EA that can be added to MT4 to generate such alerts to be sent via the standard SMTP function?

Kind wishes,

Michael

[Alan Northam]

EAtradingacademy does not have any such scripts to do what you are wanting to do.  What you can do however is set up an account with FXblue.com where you will be able to monitor all your trades.

Alan,

[Jeremy]

nevermind, I’ve answered my own question.

[joeljay v2g]

Hi so i just purchased the Bot and is trying to load it on my MT5. Normally I would just drop the files in the

\MQL5\Experts\Advisors and hit refresh. But this one seems to be not working for me. Am ! doing something wrong because the EA is not showing on my Experts list and also the file extension is .mq5 vs .ex5

please clarify. or please send me an instructions on how to load this EA. Thanks

[Jurjen Pieneman]

Open the mq5 files with the compiler and press compile. Then the ex5 is created and added in MT5.

[joeljay v2g]

Ok I’m lost… I bought this EA thinking this is like other EA in regards to installation. I didn’t know i need to use Visual Studio and some compiler to be able to use it. There was no clear instructions that came with it. Which compiler are you using?

[Jurjen Pieneman]

Just the default that is installed with MT5, its called MetaEditor. Easy, don’t worry.

[joeljay v2g]

Got it.. Thank you 🙏

[0xBitpool]

Open data folder where you’re .mq5 files are. Double-click the file you want to compile. MetaEditor will open the file and you just need to press “compile”. Repeat for all EAs and that’s it!

I personally like that the bots come in an open-source kind of way.

Note: The “drop and refresh” process you mention is still possible with MT4. It’s just that MT4 will compile the files for you automatically.

[joeljay v2g]

Thanks guys.. I figured it out. It’s lock and loaded.

[Melvyn Clark]

Hi guys,

I have installed the V5 on an 8cap demo account about a couple hours ago and no trades. Have someone started to trade? I own the V4.3 and there were some information on the left of the chart. Now the V5 doesn’t show any information. I’ m not sure if there is an issue with my installation.

[0xBitpool]

I haven’t had any trades as well. I’m pretty sure installation is okay though. The entry conditions changed so I’d give it some more time.

It’s normal to not have as much information on the chart as V5 has been done with another generator.

As long as you have a smiley face, it should be good. Worst case you can paste your settings here, and we can take a look 🙂

[Melvyn Clark]

Thanks, let’s wait a little bit longer and hope all is working fine.

[ZEROHUNTER]

I’ve already purchased the version 4.3 two weeks ago how can I get the version 5 one?

[Nicholas Grobler]

Hello All

I just bought the FTMO EA, busy with the setup. Very much looking forward to this process, being that I have failed two previous evaluations with other prop firms…the journey of trading is not an easy one 🙂

Quick question though. Once the challenge has been passed, can I continue with the EA’s on my live (funded) account as well?

[dusktrader]

I think the answer is “yes” since you are in control of using these EAs. I am still testing the FTMO Robot(s) but if they perform well, I don’t see any reason why I wouldn’t continue using them even after passing a challenge.

[dusktrader]

Hello, can you please confirm that restarting MT4 in the middle of active bot trading is fine, and that the bots will just pick up where they left off?

For example, if I have FTMO Robot v4.3 and there are 3 trades open… then I reboot my computer and restart MT4 — will it just continue managing those 3 open trades as usual?

Thank you

[Alan Northam]

Hi Nicholas,

Yes, once you are funded you can continue to use the EA. Keep in mind however, there will be periods of profit and periods of drawdowns. Over the long term however the EA should be profitable. As to how long the EA will continue to be profitable over the long term is an unknown. To reduce the risk of the EA turning unprofitable over the longer term Peko updates the EA from time to time. It is then up to you if you want to switch to the updated EAs or continue to use the existing EA.

Alan,

[Alan Northam]

Hi Dusktrader,

Yes you can reboot your computer and your open trades will continue to trade.

Alan,

[Emre Karademir]

hi i just bought the ftmo robots today is there a way i can get the 4.3 versions somehow ?

[Alan Northam]

V4.3 should be available in the download link.

Alan,

[Emre Karademir]

no i only have 5.0

[MCI]

Same here I can only download the 5.0 version.

I was looking to use the GBPCAD robot he showed on the youtube channel.

[Marin Stoyanov]

Hello guys, for anyone who wants to download an older version of the FTMO EA, please write through our contact form here or drop us an email at the technical support email and we will assist you further.

[Kevin Pardo]

I only installed yesterday, but I notice that the relatively far SL/TP numbers mean that some trades may be open for long periods of time. You might want to use FTMO swing account for this if going FTMO route.

On another note, thanks to the CPI news this morning my trial that I started yesterday already surpassed the 5% lol. But this really means nothing; if the news had been the other way then I would have hit a few stoplosses

 

 

[Alan Northam]

Hi Kevin,

The FTMO swing accounts are the way to go!

The fact that the CPI news caused your demo account to surpass the 5% level tells me you are taking too much risk.  Like you say, if the CPI went the other way, or your trade was in the opposite direction it could have caused you to get locked out for the rest of the day.

Alan,

[Kevin Pardo]

Thanks Alan, however this was just a demo free trial with standard set files attached. Running all 7 EAs as instructed.

CPI was pretty crazy today.

[Alan Northam]

You should receive an email with link to v5.0. If you do not receive an email then email support.

Alan,

[Elethu Mapuzi]

How do i setup the robot to not make trades when there has been a drawdown or 3 or 4%?

[Alan Northam]

It depends upon the robot. Basically, the way to reduce risk is to keep lot size small. How small? This is where backtesting or testing in a demo account can help. Backtesting, or demo trading for a month or two, will give a good idea of how much is the typical drawdown. From this information you can then determine the lot size you should use.

What robot are you referring too and I can give you an idea of the lot size you should use.

Alan,

[Alan Northam]

Hi Olivier,

Yes you can use the same EAs on multiple accounts.
You can also manually trade the same account and it will not affect the robot.

Alan,

[Luce]

Hello,

is it possible to put the ForexSupremeMeter on the same chart where the FTMO Robot is placed?

Or will it affect the FTMO Robot?

BR Luce

[Alan Northam]

Yes you can add it to the same chart as the FTMO robot, and, no it will not affect the FTMO robot!

Alan,

[Serghei71]

Hi, I wanted to know where to find the Forex Supreme Meter to insert it into the graph. Thank you

Serghei71

[Alan Northam]

https://fxprosystems.com/forex-profit-supreme/

Alan,

[Luce]

I did find these pairs:

 

[Luce]

But now these are like light grey:

[Alan Northam]

I think those are the correct ones.  See if you can open a chart and install the the profitsupreme meter.

I will be off line for the next hour.

Alan.

 

[Luce]

These pairs are now working but the other are missing:

[Alan Northam]

Interesting!  Glad you got it working.  I guess the greyed out feature means these symbols are not to be used in your country.  So I guess the symbols with the “.” are the correct ones to use.  I don’t know why it took so long for the indicator to start working correctly, but I am happy to hear it is working now.

Alan,

[Luce]

But there are o lot of pairs missing on the indicator, or am i wrong?

[Author]

Posts