- This topic has 370 replies, 92 voices, and was last updated 4 weeks ago by
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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 -
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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 🙁
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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.
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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.
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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.
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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,
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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,
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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 ?
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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 ?
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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?
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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.
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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
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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,
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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
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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
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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,
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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
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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,
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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
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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,
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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
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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
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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.
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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 🙂
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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?
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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
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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,
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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.
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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
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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,
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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,
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Hi,
I have downloaded the Profit Meter, but I am getting only few pairs.
In the journal log, I can see this:
2023.11.23 23:04:04.435 ForexProfitSupreme Meter EURUSD,H4: Alert: Some currency pairs are not available\n for calculating the indices.\n:AUDUSD:USDCAD:EURAUD:EURCAD:EURCHF:EURGBP:EURJPY:GBPJPY:GBPCHF:NZDUSD:AUDCAD:AUDJPY:CHFJPY:AUDNZD:NZDJPY:NZDCAD:NZDCHF:GBPNZD:EURNZD:GBPCAD:GBPAUD:AUDCHF:CADCHF:CADJPY\nCalculation formula will be changed.
Can you please help me check what’s wrong with my setup?
Do you also have the MT5 version so I don’t have to switch to another terminal? I mainly use MT5
Thanks!
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This question has been addressed by Alan here. It looks like you are having an issue with the broker.
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Hi, I wanted to know where to find the Forex Supreme Meter to insert it into the graph. Thank you
Serghei71
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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,
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ok nice. i wrote the support they told me i should trade better manualy bc of the capital allocation rule but didnt understand completly. i think when we trade all with the same EA it is only allowed up to 400k capital so if 4 people here have each 100k account the rest will not get payout ? i guess if i got it right
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That means you can only have a maximum of 400K account. So if you have multiple FTMO accounts the total capital cannot be more than 400K. It has nothing to do with the total capitalization of multiple users.
Alan,
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There is nothing in the terms and conditions that says anything about more than one trader using the same third party EA’s.
5. RULES OF DEMO TRADING
Section 5 discuses the rules for demo trading. This is not about the Free Demo Trading. The Challenge and Verification phase is called demo trading and this is what section 5 is discussing.Alan,
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FTMO :”If you intend to use trading robots (Expert Advisors – EAs), keep in mind that if you use an EA from a third party, there might be other traders already using the same EA and therefore exactly the same strategy. By using a third-party EA, you potentially run a risk of being denied the FTMO Account if you exceed the maximum capital allocation rule.’”
Support:
The fact is that the capital allocation rule is per trader and per strategy
so if 30 traders are using the same EA on their FTMO Account, and they each have a 100K FTMO Account, they will breach the rule
17:44
because you will have a total allocation per strategy of 3 millionsi think ur wrong Alan sry
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Sorry I just now stumbled upon this response and I wanted to clear up any confusion.
Here is what I said, “There is nothing in the terms and conditions that says anything about more than one trader using the same third party EA’s.”
In otherwords, there is nothing in the terms and conditions that says only one trader can use the same strategy, many traders can use the same strategy.
Where the problem come into play is when the total of all traders accounts reach 3 million dollars. Once this limit is reached then all traders using the same strategy will be asked to change their strategy. It is only if the traders refuse to change their strategy will their accounts be locked out. According to Petko, all you need to do to change the strategy is to change the magic number. So until the 3 million dollar limit is reached traders can use the same strategy. You are not going to lose your account. The worse thing you may have to do is to change the magic number. A good reason to use MT4 because MT5 does not use magic numbers. I don’t know if adding a comment would change the strategy just as a magic number does.
Hope this clears up the confusion.
Alan,
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FTMO :”If you intend to use trading robots (Expert Advisors – EAs), keep in mind that if you use an EA from a third party, there might be other traders already using the same EA and therefore exactly the same strategy. By using a third-party EA, you potentially run a risk of being denied the FTMO Account if you exceed the maximum capital allocation rule.'”
Support:
The fact is that the capital allocation rule is per trader and per strategy
so if 30 traders are using the same EA on their FTMO Account, and they each have a 100K FTMO Account, they will breach the rule
17:44
because you will have a total allocation per strategy of 3 millionsi think ur wrong Alan sry
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Try and install the EAs a second time. If that does not work then review the following video and see if this helps.
Petko just published a video on how to install FTMO V5.1 robots and how to use them. Here is the link address:
Alan,
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Hey Ocean,
You can see the issue on your chart – Min Equity Protection Activated. You have uploaded Set Files that have a min quity value and the amount you have in the account is lower. That is why the EA removed the Expert Advisor.
Change the value in the Experts input according to your acocunt size and it will work smotthly.
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Yes! When using MT5 it will automatically set up with a hedging account. A hedging account is where you can have a long and short trade on the same pair at the same time. A netting account is where you can only have a long or a short trade on the same pair at the same time. It is my understanding that FTMO,com only allows hedging on one account. So, if you want to open a second FTMO account you should verify with FTMO support on how to do this using MT5.
Alan,
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Hi,
Sometimes the robot makes nice profits and when DD starts the robot doesn’t close the trade automatically.
When I try to close the trade manually I can’t do it. Please advise -
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I completed the FTMO Masterclass on Udemy earlier this year. I only see EURUSD M1 and a EURUSD M15 and a EURUSD H1 robot files available in that class. Are all of the FTMO Robots for the currency pairs available for customers who purchased that class or does that require a separate purchase?
Thanks, Greg
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New to the FTMO Robot community looking forward already to the New Year when I will start trading actively again. In the mean time I have been running some back tests and will be setting them all up on a demo account where I can monitor the progress.
I read back through the thread and I’d like to bring to the community on what I do before I start trading in a usual week. I will look through the majors and get a sense of the direction bearish or bullish. I will also correlate my major with DXY to see if my thought process is correct.
What I’m going to test in this theory is that if I’m bullish on one pair and lets take EURUSD as an example setting the EURUSD to only take long set ups and of course if I was bearish setting it to only take shorts.
Wondering is any others have tried this ?
Merry Christmas Everyone
Anthony
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When you restart your MT4 terminal the open trades will remain open. The only problem I see is if you have an open trade that is very near hitting its TP. So, if while restarting the terminal and the market moves to the price of your TP price level the open order will not be closed because the terminal is not able to send the TP signal to the brokers server. So, as long as none of your open trades are not close to a TP or SL price there is no problem with restarting your terminal.
During the weekend any open trades you have will remain open.
Alan,
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Hello,
i want to install the myfxbook ea, so that MyFXBook is always connected to the FTMO Robot.
I do this because i had several problems with connecting the EA with MyFXBook the “normal” way because often MyFxBook couldnt connect to the Account with the FTMO EA.
After i tried to place the MyFXBook Ea on the chart this error was showed:
Looks like i can only have 1 EA on the same chart?
Does someone know a solution for this problem?
Luce
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Sorry, I don’t use Myfxbook so I cannot address your concern. Someone else will have to address your concern or you can contact support@eatradingacademy.com.
Alan,
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If you leave the setfile values as is your risk and profits will be about 10% less when the currency is in EUR. If you want to change it just increase the lot size by 10%.
Alan,
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Thanks Alan.
Should I change some other settings?
The EA is still not running and keeps getting removed from the chart.
I’ve loaded the 200k settings file (balance on the MT4 account is 160k €)
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Hi Tyler,
Your account has lost 20%, or 40,000 EUR, of its equity and is now at the same dollar level as the Minimum Equity in the EA Properties dialog box. So to protect your account from further loss the EA is removed from the chart so it can no longer place losing trades. To allow your account to start placing trades again you will need to change the Minimum Equity from 160000 to a smaller amount.
Alan,
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Hello,
when i update the EA from V5.0 to 5.1 on my MetaTrader, is it possible to remain the open positions?
BR Luce
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Yes the open positions can remain open after updating from the FTMO v5.0 robots to the FTMO v5.1 robots.
Alan,
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Hello,
I have bought the FTMO robot today and after completing the course.
I have been given the video ‘FTMO Complete Guide’ – Youtube link https://www.youtube.com/watch?v=B6SrGqplaF4
In this video, Petko is selecting FTMO Swing Account for a $200k acc which comes with leverage 1:30 and one can hold position overnight and trade on news.
Is this is good practice to select FTMO Swing account and not a Regular account?
If a regular is recommended then do I have close all position manually on Friday night and stop the Robot?
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Hi Sammy,
With the FTMO account you cannot trade during the news or hold positions over the weekend. The advantage is the leverage is 100:1. The FTMO account is good for manual trading but not good for trading EAs.
With the FTMO swing account you can trade during the news and you can hold positions over the weekend. The disadvantage is the leverage is 30:1. This account is good for trading with EAs and the leverage of 30:1 is plenty.
If you use the FTMO account and trade with EAs you will have to manually close all trades during the news events. This will be difficult to keep up with as there are a lot of news events each month. I would not recommend this approach.
Alan,
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It is possible to look at each robot in EA Studio or the source code and try to identify which of the FTMO robots are range trading or trend trading, however, to me, the proof is in the pudding how they actually perform while trading. Therefore, it is my opinion, the best way to identify which robots perform best in ranging and trending markets is to put them in a demo account, identify ranging and trending markets, and then see which robots perform best during these different market conditions.
Alan,
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Big update – https://www.youtube.com/watch?v=5EWNP9L2q5U
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What’s the criteria on how Trading Hours should be set?
What’s the timezone to be taken in consideration? (I’m in GMT+1)
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Morning all!
I am not sure whether this question has been asked above already so apologies if so.
Question is if there are several thousand people using the EA and we are using the same Prop Firm do they not detect trades being copied or is there variance programmed into the bot?
Thanks again for your answer. 😉
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Hi Petko, I have setup the EA on my demo account with alphacapitalgroup on meta trader 5, but so far the bots haven’t taken even a single trade. While trying to run backtests, the bots are showing 0 trades. I have followed the exact steps in the video shared by you. Can you pin point the common mistakes that might result in this?
Thanks
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Hi Shashway,
The first thing is to make sure you see a blue hat in the upper right corner of the trading chart. If the hat is blue then the robots have been setup correctly. Secondly, did you install the correct robots. For example, if your account size is $10,000 then you need to download and install the $10,000 robots. The account size and the chosen robots must match. Thirdly, does the time period of each robot match the time period of each chart as they are different for the various robots. Lastly, if you have just installed the robots within the last day or two you will need to give it another day or two for the robots to make their first trades.
Alan,
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You aren’t going to be able to run this on Alpha Capital Group (I have accounts there). You’ll need to share the source code of your EA to get permission to run it on your account, which means you’ll have to create your own EA and strategies instead of a ready made one. EA trading is disabled by default on their accounts until they enable it.
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Thanks, this was helpful! I have been trying to set this up without any progress. I’ll move to some other prop firm which is suitable for Indians since FTMO has some restrictions for Indian users
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Hi Shashwat,
At least now you know for sure they wouldn’t accept the EA.
As for the FTMO demo account. If you are using FTMO V6.0 robots did you make sure the account size of the demo account matches the downloaded robots. For example, if your account size is a $10,000 account then the downloaded robots should be the $10,000 download of the robots. Also if you testing the robots using MT4 do you see smiley faces, or if you are using MT5 do you see a blue hat in the upper right corner of the charts. If these things were done correctly then you just need to give it more time to start seeing trades. I have also been testing the FTMO V6.0 robots this week in an FTMO account. I have 3 open trades going. One was opened on 01/08/2024, one on 01/10/2024 and one on 01/11/2024. Notice there was not a open trade taken on 01/09/2024 that day was skipped. So it is possible that when you start a new FTMO demo account it may take a day or maybe even two days before you will start seeing trades opened. So, hang in there, be patient, and give it time.
Alan,
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Hello,
Will the stop loss and take profits automatically be adjusted even if we aren’t using it on a funded account and using it for small account trading?
Thanks
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Hello,
I would like to update the FTMO robot but I currently have 6 trades open which I wouldn’t want to interrupt. I understand that the TPs and SLs are already there but sometimes the robot closes trades before TP or SL is reached. So I worry that if I change the robot while the trades are open, the new robot will not know what to do with the trades opened by the older version.
So my question is, what is the best way to replace the old robot with the new?
Kind Regards,
Bence
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Hello, if the magic number used for the EA is same in both demo and real account, will it cause any functionality error?
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Hi Trader,
Since the demo account and the real account are separate accounts it will not cause any problems if the magic numbers are the same in both accounts.
Alan,
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Hey Leute,
greift Ihr in die Arbeit des Roboters ein oder lasst ihr dem Roboter uneingeschränkt seine Arbeit machen.
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Hi Danny,
The reason for using EAs/robots instead of manually trading the markets is to let the EAs do the trading for you. The EAs created at eatradingacademy are the result of backtesting 1000s of strategies to find the most profitable ones. As a result, it is not necessary to intervene in the trading of the EAs. However, some traders do intervene by closing trades early. Every trader has the right to trade the EAs as they seem fit. However, by closing the trades early limits the potential profit of the trade. Over the long, term there is a higher probability for higher profits by not intervening in the operation of the EAs.
Alan,
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Do i need to change something when my broker has for Example “GBPAUD_raw” instead of just GBPAUD , im using FTMO Robot v6.0
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Hi there, I want to backtest EURAUD M15 on mt4, do I need to download any higher time frame data other than M15 history data?
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Should i get a swing account or a regular account?
Moreover, would i be wise that if i can set my trading size just 0.1% of my account after passing ?
I don’t really want to lose an account, i’ve blown three accounts already by manual trading, i’ve seen people had blown FTMO account with the FTMO bot.
I don’t have much capital left.
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All your answers are here in Petko’s video – https://www.youtube.com/watch?v=B6SrGqplaF4&list=PLLhtsUCmGnb1facF-5g9esp7yfID6Q4kP&index=1&t=314s
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Hi SSIMI,
Clear you computer cashe and log back into your account and see if you see the FTMO robot app. If not then comtact support@eatradingacademy.com.
Alan,
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Hi Nake,
The choice is yours when it comes to deleting all old robots and installing new.
One strategy would be to remove all old robots and install the new ones. Another strategy would be to keep the top performing robot and just install the top 2 new robots. And, another would be to keep the top 2 robots and install just the top 1 new robot. A final strategy would be to replace all robots with new ones.
So which strategy is best? You could open 4 demo accounts and test each strategy to determine strategy that works best for you.
As a new trader you might just remove all the old robots and replace with the new ones.
Alan,
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Hi Tanyeem,
This is an individual trader decision. Here is what I normally do. If my EA has an open profitable trade I will normally keep it open over the weekend. This allows my EA to continue to profit from the current favorable market conditions. However, if my open trade is close to hitting the TP I will normally go ahead and close the trade. However, if my current EA is in a losing position I will normally close the trade on Friday. This will allow my EA to start a new position the following week.
Alan,
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Give the EA some time to work.
Try backtesting them in the meantime.
I have done backtests on majority of the files from the FTMO robot app and I picked up that most of them take between 10 – 13 trades a month. You can’t expect the EA’s to be trading all the time.
The most important thing is that the EA’s take high probability trades only. Be patient & don’t rush the system.
Luckily all the Prop firms don’t have maximum trading days anymore so you can be patient and let the EA’s do the work.
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Good day EA Trading academy team
Quick question with regards to backtesting
When I back test I usually look at the Results column as well.
I am focusing on Profit, Drawdown, Profit factor and recovery factor.I also look at the actual results column though.
Is there a specific number we should be aiming for in the results column or is looking at the above mentioned enough to do an accurate backtest?
Regards
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Hi Richard,
I look for a Profit Factor of at least 1.2 because it tells me the strategy is profitable.
I look for a Drawdown of less than 10% because the deeper the drawdown the longer it takes to recover the loss.
I look at the count of trades as this tells me how active is the strategy.
I look at Profit as I can take it and divide it by the number trades so I can forecast expected profits in the futureSo I am looking for an active strategy, the profitability of the strategy, quickly recovery from a drawdown, and expectation of future profits.
Alan,
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Hi Kevwefreeb,
Here is the thing about trading: As traders we look at past performance to determine if the instrument we want to trade is in an uptrend. We then expect the trend to continue so we place a trade. However, no one knows with 100% confidence if the trend will continue in the future. Have you ever looked at the stock market? Normally it will go higher but there are times when it goes down. However, over the long term the stock market continues to mover higher and higher.
The same thing applies to Expert Advisors or EAs/robots. Expert Advisors are created based upon the past performance of currency pairs. The majority of times these EAs will be profitable. However, there are times when EAs will go through a drawdown. How do we handle this? The way we handle this is with consistency. A successful trader will keep trading knowing that as long as he/she is consistent they will be profitable over the long term. You can never be a successful trader if you do not continue trading over the long term. So continue to trade on a demo account until you feel you have become a successful trader and then move on to a live account.
Hope this brings new encouragement to you!
Alan,
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Hi all,
I am using the FTMO robot on a trial account (yes I am aware there is no longer a need) but I was familiarising myself with the mechanics before entering a challenge. I have an issue where trades are automatically closing early, not hitting either SL or TP. Has anyone else had this issue? I have added all of the standard FTMO bots and made no changes. I have used the correct risk and account size bots. If I am doing something wrong I would really appreciate any help 🙂
Many thanks!
N
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I haven’t had this issue.
But I’d like to see the response from the EA Trading academy team to see the potential issue.
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If the FTMO EA has a built in indicator as suggested, why did it open two trades on the same pair, but closed one prematurely while the other was left open? Couldn’t/shouldn’t it be closing both trades??
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Hi Kevwefreeborn,
With two open trades for the same pair suggest to me there are two instances of MetaTrader trading the same Expert Advisors. The reason why only one trade is closed in this case is because the Expert Advisor looked for the magic number of the open trade and closed it. The Expert Advisor thinks it did it job because it only opens one trade at a time and therefore does not look to close a second position with the same magic number.
Alan,
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Thank you for your replies so far, do we know which indicator is being used to close positions early? I have seen a position open for a particular pair, and then close early, and then reopen again a short while later..
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Hello there,
When to FTMO EA opens trades do I close them manually,or I have to wait until they hit the stop loss or take profit?
Today I had 7 trades open;5 were in profit.I closed the 5 .Then the EA opened another 2 trades also in profit but when I closed them my balance was down and had a loss of 1.19
I am a confused. Can somebody help me?
Thank you and look forward.
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Hi Jesus,
According to Petko all you need to do is to make the magic numbers different. However, there is no problem with the strategies being the same during the Challenge and Verification stages according to FTMO support. Where the problem come is when you are funded. Once funded you need to make the magic numbers different.
Alan,
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Hi Alan,
Thank you for your reply.
I closed the trades around the end of the NY session. Morning hours New Zealand time.
So you recommend I should leave these EAs running without touching them at all?Or better to close the profitable trades during London session when the spreads are very low?
What do you think?What do you recommend?
I really appreciate your help and look forward to your reply.
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Good afternoon,
I’ve already purchased the FTMO robot, and I’d like to prove it on a real account but before that, I would like to make sure I don’t breach any rule of the prop firms. So, I’ve seen that many of the prop firms allows the use of EA but, they add that the EA has to be “unique” and not of third parties, so, how can I do to make sure I don’t break that rule using the FTMO EA robot?
Thank you in advance!
Jose Luis
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If I use the FTMO Robot, could FTMO (or another prop firm) deny my account?
FTMO says: “They also need to keep in mind that if they use a third-party EA, there may already be other traders using the same EA and, therefore, the exact same strategy. By using a third-party EA, traders run the risk of being denied an FTMO Account because they exceed the maximum capital allocation rule.”
If yes, what can I do? Any recommendations?
Reference: https://ftmo.com/en/what-to-look-out-for-when-choosing-an-expert-advisor/
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Thank you for your response. I’ve also heard that, and that’s the reason why I ask this, because I’d like to use the ftmo robot once I pass the challenge.
Is there another thing I should change to not get banned from the third rule?
Thank you in advance,
Jose Luis
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Hi Guys
I about to start my FX2 $10000 challenge. My main concern is the draw downs and meeting this challenge.
FX2
$10,000
Profit Target
$1,000
Daily Loss Max
4%
Trailing Drawdown*
6%Q) Will the $10,000 FTMO app set file meet this challenge?
Q) What is a Trailing drawdown?
Thanks for the advice in advance.
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If you are using MT4 then you can change the magic number. MT5 does not use a magic number. To change the magic number right click on the smiley face, go to expert advisor, and click on properties. Double click on the magic number and you can then change it.
If you are using MT5 then right click on the blue hat, click on properties and you can change some of the parameters. I would suggest just changing the take profit and stop loss slightly.
Alan,
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Hi Alan
What kind of adjustment do I need to make to the EA to meet the FX2 requirements?
If you have a sample image of the set file adjustment that would be fantastic.
Thank You Alan for your valuable advice.
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Hello all,
I bought the FTMO robots, and the app i think is very good, but i have a little issue, i started a challengue in FundedNext, in this prop firm the challengues amount changes, so i have a challengue of 15k, how i can configure the robots to this amount? Is possible?
Thanks in advance,
Regards!
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im down now 2.5 % what would have been 5% if i traded with 1% risk per trade and the account would have been gone. I trade with the best performing sets for the prior week and even use smaller risk. Do i do something wrong i dont just get now or what is the problem ? someone with the same experience as me ? can i adapt something to make it better performing ? pls help if u know some tips
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Hi Emre,
I am trading the top 3 from the weekly charts on the FTMO app with a risk of 1%. For this week, so far, I am done 1% in my FTMO Challenge.
Alan,
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Hi Emre,
I am just looking at the losing trades for this week and not the total trades for my Challenge. Is this what you are doing?
Also are you using an FTMO Challenge or another prop firm?
Alan,
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the 2.5 % loss are all trades combined from the last 2 and a half weeks only 1 trade is currently open on XAUUSD (-16$ currently). i changed the bots or sets weekly. The bots are on Bullsroadfunding bc they allow every strategy. I would expect some differenz from ur accout to mine bc i close all trades on friday if there are any open but im only loosing
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Hi Emre,
I too have been losing for the last two and a half weeks for a total loss of 2.5%. Fortunately, on my FTMO Challenge where I use Expert Advisors I created with EA Studio it is profitable. It’s good to diversify!
Alan,
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Hello,
when placing the EA, I can check “Allow Algo Trading” (sure) and “Allow modification of Signals settings” – do you have to allow this as well? What does it actually mean exactly?
Thank you very much and have a nice day.
Kind regards,
Oliver
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Hello Oliver,
Allow Algo Trading: This setting enables or disables the ability of the Expert Advisor to trade automatically. When you check this option, you’re allowing the EA to execute trades on its behalf according to its programmed strategy. It’s essential for the EA to function as intended.
Allow Modification of Signal Settings: This option is a bit more nuanced. It allows the EA to modify the trade levels (entry, stop loss, and take profit levels) of orders it sends based on signals it generates or receives. This capability can be crucial for strategies that adjust trade parameters in response to changing market conditions. Enabling “Allow Modification of Signal Settings” means you’re giving the EA flexibility to adjust its trading signals based on its algorithm’s interpretation of the market. This can include adjusting stop loss or take profit levels after the trade is placed or modifying the entry point of a trade before it’s executed, depending on the EA’s design and strategy.Please watch the FTMO Robot App guide where the settings you need to enable when placing the EAs are explained.
Kind regards,
Marin @ Customer Support
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Hi. I have just bought the FTMO robot. I have two challenges going, one with GFN and one with Top One Trader. I manage to start the FTMO robot on the GFN 100k account. But the Top One Trader 100k account it is not starting. The EA will not load on the chart and I get the error message EA turned off and the blue hat dissappear. The 100k account have been upgraded to 125k since it was a promotion campaign. I have tried to modify the max drawdawn, max and min equity settings but no luck. Still not loading on the chart. Any idea of what I shall do here? Here is a screenshot of how it looks.
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Hi Morten,
The following video is a guide to help traders setup the FTMO app robots and how to modify the parameters. It should help you get your robots up and running.
Alan,
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Hi Alan.
I have watched and followed the steps in this video. I manage to load it on my GFN account, but on my TopOneTrader account it is not starting. I am able to start other EAs on this TopOneTrader account, but not FTMO EA. It is allowed to use the EA on more than one challenge right? The video dont explain to me any scenarios why the EA is not starting. My account is a 100k account but I got 125k as a promotion from TopOneTrader. Does it have anything to do with not beeing 100k or 200k as a standard amount, but 125k?
Any ideo of why this is happening?
Morten
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Hi Morten,
The problem is you have downloaded the 100K FTMO robots but are not using them on a 100K challenge. Instead you are using them on a 125K challenge. So you get them working you need to change the Maximum Daily loss, the Minimum equity, and the Maximum equity parameters in the robot properties box to agree with your accounts requirements.
Alan,
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Hi again, I have tried to do that too but I dont know what minimum equity and maximum equity parameters actually means. The roules I have on Top One Trader is: 125k account, 8% profit target, 5% daily drawdown and 10% max drawdown. How shall I do the settings then?
Morten
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The Robot opened its first trade a month ago today. As of this writing, I am currently down about $865 on a $25,000 swing account. All set files are on medium risk (I made no changes to any settings). For the first week or maybe two, I was running all 8 pairs. Since then I have dialed it back to the weekly top 3 only, reassessing every Saturday. The Robot has placed a total of 29 trades. Only 2 have hit take profit, and 10 have hit the stop loss.
Any recommendations to make this thing perform a little better? Lower risk? Less pairs?
Seeing some challenges passed in a matter of days make me think I’ve missed something.
TIA for any help!
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Hi,
Currently, I am up +1% in my testing account ($10,000).
However, after reviewing Petko’s audited account titled “FTMO Robot – Top 1 Scale 25k Challenge FPF,” I have a question: Does Petko close positions manually, or does the EA leave them until TP or SL? (https://www.myfxbook.com/members/PetkoA/ftmo-robot-top-1-scale/10494226)
Upon checking the positions, only 1 out of 25 hit TP, and 4 hit SL out of 25. The others were closed, apparently manually, because they neither hit TP nor SL.
When or where should I close the positions (e.g., on Friday afternoon)? Or does the EA close them without hitting TP?
Thank you, Petko, if you can clarify this!
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I have trades that have been running all week. Is this ok, some went from positive to negative?
Petko’s account shows an average trade length of 6 hours and 56 minutes.
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Hi Felipe,
The length of a trade can depend upon many things such as the number of indicators, the time frame, scaling, the market conditions, and the prop firm used, is the positions closed manually, etc. I know Petko will often scale up his lot size as the robot becomes profitable, this shortens the time frame. I am not aware of how Petko has traded the robots in his myfxbook account. For further insight into how he manages the robot time frame in myfxbook I would suggest asking the question to support@eatradingacademy.com. I am in Texas and contracted to moderate the forum and help traders with their problems so I don’t have day to day contact with Petko or how he trades. All I know about how he trades is from his videos.
Alan,
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Hi Nicholas,
Petko says the FTMO Expert Advisors can be used on other prop firms and he has passed challenges with other prop firms. Personally, I only have experience using the Expert Advisors with FTMO and Infinity Forex Funds. Also, there are several traders complaining the Expert Advisors are not placing trades on other prop firms. My suggestion is to stick with FTMO Challenges until you get funded or use Infinity Forex Funds. This way you will not have any problems with the Expert Advisors trading.
Alan,
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Infinity Forex Fund accounts are right now 50% off. I currently have an Algo Evaluation account which very closely places the same trades as my FTMO Challenge as I have the same Expert Advisors on both accounts. I will pick up another 100K Algo Evaluation account!
https://infinityforexfunds.com/
Alan,
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As Alan said, you can use the robot on EUR account but if the challenge size is different you need to recalculate the lots and protections accordingly, this is well explained in another forum post: https://eatradingacademy.com/forums/topic/ftmo-robot-app-v6-0-new-features-released/#post-225623
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Wouldnt recommend that. They wont Pay out. Please read the trustpilot Reviews. Hundreds if Not thousands with the Same Problem…
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Hi Robby,
I reviewed page 1 of the Trustpilot reviews for Infinity Forex Funds which are the most recent reviews over the last 5 day. Out of the 20 reviews there were 12 traders that received payouts and 0 traders complaining they did not receive payouts. Although they may have had problems in the past with payouts it now looks like they are paying out on a regular basis.
Alan,
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Hi Callum,
For refunds please contact support@eatradingacademy.com
I am in Texas and not connected to the support team.
Alan,
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hello new here just purchased ftmo robot. i am looking for something stable that trades with low realitive DD on a prop firm acc of 500k & 1 mil acc size. just getting started i downloaded the low gold and aud robots for the 200k challenge. what if any are your suggestions and/or recommendation? i am starting with the process. i like to ask always get valuable feedback which helps out alot just wanted to run that by you to see if im missing something or not doing something correctly. im not as concerned about making big profits as i am not blowing the account. been trading gbp/usd with the weak market im looking at other avenues to rely less on my current bot in times of high DD. really excite about ea trading academy. thanks. please advise
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HI AAron,
Sounds like you are on the right track. Did you download the robot from the FTMO app? Since you are taking the 200K challenge did you download the 200K robots? Also did you chose the correct Max Loss, Max Daily Loss, and Profit Target to match the prop firm specifications so you won’t blow your account?
Alan,
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i ll likely do some challenges, i have 500k funded acc ive been doing HFT. im looking for something to place trades and stay in profit on my funded acc. even 1% a month is fine. whats most important to me is realitive DD lower the better. i have a 5% cap and the higher win rate the better. im following the video im backesting the gold on mt4 and having trouble getting good results im thinking i must be doing something wrong. right now im trading gbp/usd even if i can give myself a few weeks till it bounces back id be happy
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im looking at some 200k challenges in the future that dont allow HFT and am thinking ill be able to use these. i have to place trades to stay acctive and may turn my current bot to long only and reduce its trading days till the strength of the gbp returns.ill make it as is not dire circumstances though if i figure out an alternative. i like to have options
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sometimes beginning some thing there is something apparant im not aware of. or a better solution im unaware of. i like to ask I find it to be most beneficial at times to have input first day on the site
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Hi Aaron,
Risk is associated with the lot size so the smaller the lot size the lower the risk. Sometimes what I do is make the lot size 0.01 this keeps the account active and does not affect the account balance significantly. I then track the results with FXblue. Then when I see one of the robots starting to make profits I increase the lot size until the profits start to drop off. Then I reduce the lot size back to 0.01 and start all over again.
Alan,
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excellent thank you ill use that and give it a go. just starting to back test on my terminal and im not getting the good curve results i likely have a missed input or other about 1/2 to 3/4 there going to watch the video again then try again. if i can figure out a way to get a bot running with low relative DD small consistent profits and low risk ill be made in the shade thanks for your help
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Hello,
I downloaded the ZIP files containing the 100k historical data of the three most profitable currencies. However, when running the simulations, I encountered some issues.
Firstly, EURAUD was opened with a lot size of 7 and resulted in losses. The other two currencies are being opened with lot sizes of 0.02 and 0.04, even though I configured the entry lots to be 3 and 5, respectively, in the inputs.
Could you please help me understand why the lot sizes are not being respected during opening positions? I appreciate your assistance in resolving this issue.
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Hi Julian,
I have posted in the past how I recommend trading the FTMO robots. The link below refers to FTMO robots v5.1 but the same process applies to the updated robots>
Alan,
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For me it’s the same unfortunately. I have been using the FTMO EA since 2 weeks and so far it’s a constant looser… I am curious if anyone is making here good profits with this EA long-term? I read only about losses and about that refund requests are not beeing answered… So far it doesn’t look good overall.
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They say you need to take the Top3- Top5 of the week. But I like a more detailled video about it.
In the weekend I take the Top3 of the previous week. I have a few trades during the next week (last time losing it) but what do you have to do at the end of the week? Closing the open trades? Can you do a trialing stop (to protect your losses and lock your profits)
So much Questions
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Hello Fontana, we’ve already sent you a follow-up message on the same day asking you to fill out our refund form. This helps us gather essential details like your order ID and the email associated with the order, enabling us to locate your order in our system and process your refund more swiftly. Your cooperation in completing the form would greatly assist in expediting your request.
Hey Bastien, please fill our refund form to proceed with the refund request. As I explained, this is a standard procedure to help our system find and automatically process your refund request.
Marin @ Customer Support team
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I have received the e mail from Trading academy that my money refunded. and where can I take my money ? or it will be sent to my visa card ?
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Hello,
Yes the money is returned to the payment method you used when making the initial order payment. It takes 5-10 business days from the moment we initiate the refund (this is the moment when you received the automatic email from our platform) until the money will be available in your card. In most cases it takes less time but this would depend on the payment processor you’re using.
Kind regards,
Marin @ Customer Support
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Hi Guys,
Have you seen the news that most of the propfirm have already stopped offering broker that allowd MT4/5. True Forex Funds have migrated my challened to C-TRade platform and Funded Trading plus has announed that they are stopping MT4 and one can only trade in DXTrade.
I see on FTMO website as well now that they have listed DX and looks as they are going to stop providing broker with MT4/5 platform. I am pretty sure thtat even FTMO will son eventually stop offering brokers with Meta Trader, in fact this is all because MetaQuest is locking down their licenses due to US traders.
I am now on a mission to see if there’s any software which would migrate the MT4 EA to DXTrade, or is there anyway I can copy trade their. Any advice will be helpful.-
Hi Sammy,
FTMO is no longer allowing traders in the United States to use MT4 or MT5 and have migrated current US traders accounts to DXtrade. I had 5 ongoing Challenges. I asked for a refund and received full refund for all five of my challenges.
Also, TradersConnect is working on an app to allow copy trading from MT4 or MT5 to DXtrader and should be available in a few weeks.
Alan,
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Hi Alan
Yes, plenty of prop firm, like True Forex funds and Funded Trading plus has forced the UK trader (including US ofcourse) to move to another platform and they (their new broker) have comopletely stopped supporting MT4/5. Some are offering CTrader and others offering DXTrader. The trouble with this, EA from MT4 can’t be used their or can’t be made compatible to use their. However, I heard that it is now possible to do a trade copy from a demo MT4 account to CTrader. Again the demo is not provided by these propfirm, so demo account with any broker and copy those trade to CTrader for prop firm broker.
This will cause slippage and discrepancy, but lets see how far we can go with this. At this moment we dont have a choice but to adopt the new platform. FTMO, they will stop providing MT4/4 broker sooner or later. You watch.
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Hi everyone, I purchased the FTMO experts, I saw the guide and I don’t understand a thing. When I connect my account to Myfxboox I have to put the seven pairs with the EA in order to see the trend, my question is which timeframe should I choose? is indifferent? Otherwise I would have to open many demo accounts for each timeframe.. m1/m5/m15 etc..? how should I adjust?
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Questions about FTMO robot.
I just purchased FTMO robot from your page and apply FTMO 100K challenge 2 weeks ago, and I saw your “FTMO robot”page has been removed due to the problem of banned account.
May I know:
1. Can I get the money back for the FTMO robot?
2.Do you know can I cancelled my FTMO 100K challenge and get the money back? I haven’t open any trade yet. -
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This is the problem with this industry!
Why sell a product to traders if you are not even sure whether the product you are selling is sound and works like you say it does?
It’s all marketing and sales to entice a person and take their money!
Then you put someone in charge of the Forum that did not build the robot and does not understand how it works?
It sounds like a big money making scheme to me. I have read very few positive comments about the FTMO robot and now I even noticed that it is no longer for sale. Each week the EA’s are updated to new pairs. How on earth is a person meant to run an EA based trading system if they need to change the EA’s on a weekly basis. This is not how EA trading works. I left these robots running on my account for weeks and it has honestly been shocking.I requested a refund and that in itself is a whole other story to get the money back from EA Trading academy.
Alan, sorry you are the one that has to deal with all these comments. This system has obivously not been tested properly before being released to the public.
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Hey Richard,
I am sorry to read your disappointment! I am not sure what you mean by the product is not for sale; it is still on the website, and we haven’t put it down for a second.
We developed the app because many were asking for stats, and this was the best way for the traders to see the performance for the different periods. Also, we test each robot before releasing its course.
If you request a refund, my team will respond on time. Recently we have received 100s of e-mails, and it takes a while to go over all of them.
Cheers,
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I can only run it on my FTMO account. Is there no way I can run it on my demo and time positions accounts at other brokers?
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Hi hsin cheng chen,
You can run the Prop Firm Robots on any prop firm or broker. I am currently running the Prop Firm Robots on my Infinity Forex Firm 100K Algo Evaluation account.
https://eatradingacademy.com/forums/topic/recommended-forex-pairs/#post-239251
Alan,
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How should I set it up? I have no problem running it on my FTMO account, but the same method cannot run on my other brokers. The result shown in the picture above will appear.
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Hi hsin cheng chen,
The reason why it is not working in the picture above is the “Maximum Equity Protection” has been activated. This protection needs to be changed in the robots properties dialog box when installing the robot. If you are using the robot on a brokerage account you can disable this protection by changing the value in the dialog box to zero.
Alan,
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Hi hsin cheng chen,
I noticed your demo account balance is $11,000. The following settings would stop your account from trading if it loses 5% in one day, it will also stop your account from trading if it loses a total of 10%, and it will also stop your account from trading if you have a profit of 10%. If you do not want any of these protections then just set them to zero.
Max Daily Loss 539
Minimum Equity 9911
Maximum Equity 12105.5Alan,
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A couple of quick questions if I may?
I am using the Prop Firm Robot, I have selected the last 1 month of results. Using it on a $25k account, using the Top 3 with medium risk (1%) and high risk news filter – Is there anything else I need to do? Assuming I just add the 3 pairs and turn on the EA and let it run? Do I need to be closing trades or just simply leave it?
Thanks!
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Hi mkfxtim,
Looks like you have everything set up correctly. There is nothing else you need to do except be patient and give the robots time to trade.
Alan,
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Thanks Alan,
I thought as much, I really like the premise of the robots, its a great idea and can be used for any account. I am confident from the backtests it will provide a nice monthly profit, my personal target is 5% profit a month, if it can do that or more then we are off to the races long term.
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Hello, I just bought the 6 monthly forex robot package, but as soon as I enter the app and want to download an EA, it asks me to log in first, I have logged in 4 times now but the same problem every time
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hi, another quick question, Under prop firm robot inputs many variables are set to value 0, for example “max open positions” or “Max open lots” should I change something because with a maximum of 0 open positions no trade will be opened or does 0 mean no limit? Another question, can I also place signals via my cell phone MT5 on the same MT5 account where the PC EA runs over it
thanks
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Hi Alan,
My FTMO stop trading after it hit $6200 on a $6000 challenge.
How do I get the FTMO EA start trading again?
Here are the challenge requirements and settings on my FTMO App.
Account Challenge Size:$6000
Profit target 10%
Simulated Max Daily Loss:4%
Simulated Max Overall Loss:6%
Trading Level 1:100Ftmo setting set to:
Entry lot 0.19
Stop loss:50
Take Profit:95
Minimum equity: 5646
Maximum Equity: 6750Regards
Joe
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hello, i was watching your youtube videos, and i think your ea got banned because its not unique. The rule for ea at ftmo : “
If you intend to use trading robots (Expert Advisors – EAs), keep in mind that if you use an EA from a third party, there might be other traders already using the same EA and therefore exactly the same strategy. By using a third-party EA, you potentially run a risk of being denied the FTMO Account if you exceed the maximum capital allocation rule.”
is the solution just to modify the ea a little bit like few numbers? Or moving SL and TP few pips? Maybe in this case there is no rule-breake right? What do you recommend, because i want reeallz to trade ea on ftmo, but imagine thez cancel my 200k ftmo
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Hi Lee,
You posted a question on this forum on the23 oct 2023
“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”Just wondering if what was the challenge size, which EA was use and the set file used.
I am sure all of us would love to know,
Regards
Joe
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hello, i was watching your youtube videos, and i think your ea got banned because its not unique. The rule for ea at ftmo : “
If you intend to use trading robots (Expert Advisors – EAs), keep in mind that if you use an EA from a third party, there might be other traders already using the same EA and therefore exactly the same strategy. By using a third-party EA, you potentially run a risk of being denied the FTMO Account if you exceed the maximum capital allocation rule.”
is the solution just to modify the ea a little bit like few numbers? Or moving SL and TP few pips? Maybe in this case there is no rule-breake right? What do you recommend, because i want reeallz to trade ea on ftmo, but imagine thez cancel my 200k ftmO ?
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can anybode check my vps or something else i think it doent work, i followed all the steps in the youtube video of petko. i installed all three top ea of prop firm robots app but there was no trade fore me on my MT5 since three days. can somedbodcheck if i does erverything right? thanks appriciate you
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Hi Skeltor0906,
Its not the VPS, its the robots. Each robot only trade approximately once per week. So you just need to give them more time to start placing trades.
Alan,
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Thanks okay i will wait. Do you know what i can do to use ea at ftmo, i saw the video of petko where he explains he will not longer use ftmo specifically waka waka on ftmo. But is there a way to change a ea or switch to another ea on ftmo and it will works fine? (200k ftmo)
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Hi Skeltor0906,
Gold EAs seem to be doing good right now. You might try:
https://eatradingacademy.com/premium-robots/top-10-gold-robots/
Alan,
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Hi Guys,
I am running Ftmo APP on a small challenge, but notice the EA has stopped trading.
It says that the EA is turned off but the EA is on, but trading has stopped since 05/03/2024.
Has the Prop turned off my EA?
Any advice?
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Hi Alan,
How do I change the setting to keep the EA trading to reach my profit target $6,650 without losing the Equity produced?
I need your help to get 3 set file from a youtube video produced by Petko on Percept trader to:
Perceptrader AI verified MyFxBook records:
https://www.myfxbook.com/members/Misc…
https://www.myfxbook.com/members/Misc…
https://www.myfxbook.com/members/Misc…
Hope you can help me out as well
Thank you again.
Joseph
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Hi Joseph,
I am not familiar with Preceptrader AI but I will try to help. The links you provided only give me error message as I do not have access to that account.
What was the beginning account balance?
What is the daily loss limit?
What is maximum loss limit?
What is price target?Alan,
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Hi Alan
This is your current data requested.
What was the beginning account balance?$6000
What is the daily loss limit?$240/4%
What is maximum loss limit?$5640
What is price target?$6600Thank you for your quick response
Joseph
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The EA still hasn’t set a trade for me, it’s been running since last Thursday. Maybe I installed something wrong. I installed AU 6.0 and Xauusd 6.0/6.1
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Hi Skeltor0906,
I haven’t had much success picking the top 1 to top 3 from the Prop Firm Robots W1 or M1 settings. So I changed the way I select the robots. I set the Prop Firm Robots settings to Y5 and download and install all 14 robots in a Challenge. I then set the lot size to 0.01 for each of the 14 robots. This way when they trade they will not change the account balance significantly. I then let them all trade for 1 week. I then find the one or two robots that have traded during the week. I then set the lot size for these robots back to their normal value they had when downloaded. This way you let the market pick the robots that are performing well in the current market environment instead of you picking them. This will probably work better for you!
Alan,
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HI Alan,
This is some images from my trading account. As you can see from the image trading stopped on the 05/03/2024. No new trade has been taken by the FTMO APP.
As you can see Alan no trades have been taken.
Do you have any solution to resolve this issue?
Thanks in advance
Joseph
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