Home Forums Ready-to-use Robots Top 10 EAs Properties & Settings

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    • #250747
      User AvatarMarin Stoyanov
      Keymaster

      This topic focuses on in-depth conversations about the properties and settings of the Top 10 EAs. Discuss topics like take-profit levels, maximum spread protection, and any other configuration aspects. This topic is your go-to resource for configuring your EAs effectively.

    • #196220
      User AvatarJanek
      Participant

      Hi,

      Do you use a fix spread protection for all pairs the same e.g. 30 points?
      Or individually for every pair? If individually how to calculate it?

      Thanks,
      Janek

       

    • #214657
      User AvatarMichael
      Participant

      Hi,

      I prefer to backtest on MT5. But to trade with MT4. Are the strategies in MT5 and MT4 folders matches each other?

      So, for Nov set, is 3339890equal to 3341450, 3339891 to 3341451, etc?

    • #215420
      User AvatarIlan Vardy
      Moderator

      Hey Michael,

       

      The EAs are identical for MT4 and MT5. When downloading them from EA Studio, we download an MT4 and MT5 version of the same strategy.

       

      Cheers,

      Ilan

    • #249381
      User AvatarOliver Grasset
      Participant

      Why is the take-profit useless in this screenshot?? What’s the point of that?

    • #249388
      User AvatarNikos
      Moderator

      Hello Oliver,

      So, from what I can understand, the take profit was placed below the opening price of the position.

      There is a reason for that and probably it’s because the trend changed the robot just placed the take profit a little below the opening price.

      Another reason could be the spreads, you need to check what are the spreads of the account and what does the broker offers in spreads.

      Hope that helps!

      If you have any more questions, let me know!

      Kind Regards,
      Nikos

    • #249396
      User Avatardani schmitz
      Participant

      So recently I got the xauusd trading ea’s and I saw that in properties at tp there is no tp set, my question is: do I need to put in a tp and so what is a good tp point or do they exit the trade themselves bc the eurusd bot has a tp and the gold bot did a trade, went in a good profit but it didn’t close it and a few hours later it hit the sl.

    • #249415
      User Avatarstewart
      Participant

      I already had the same problem. Why sometimes XAUUSD has TP, Sometimes TP shows 0 ?

       

    • #249421
      User AvatarNikos
      Moderator

      Hello Dani,

      The robots should have a tp point set already but in case there is not one set as you mentioned, you just need to set it manually. In my opinion, a good tp point is about 2% but this is not a recommendation. You can set your own tp point with which you are happy!

      Hope this helps!

      Kind Regards,
      Nikos

    • #249426
      User Avatarstewart
      Participant

      in the properties, these is no TP parameter to adjust ,

      please check and solve it.

      I use the top 3 XAUUSD.

       

    • #249427
      User AvatarOliver Grasset
      Participant

      OK, well, I think it’s a failure for me. How do I get my money back?

    • #249438
      User Avatarstewart
      Participant

      As i use Portfolio. there is no parameter to adjust the TP.

      Also What is the actual TP it set for the performance  to get the top 3 EA  or top 10 EA.

      Not to tell us to set TP  by ourselves.

       

    • #249439
      User AvatarNikos
      Moderator

      Hello Stewart,

      In the portfolio EA, you cannot change the tp but mostly the lot size but in the EAs the take profit parameter is set already!

      If you use them individually, you can set the take profit and stop loss in the inputs as well as other inputs!

      Hope this helps!

      Kind Regards,
      Nikos

    • #249442
      User Avatarstewart
      Participant

      The EA should have TP set.

      How can it get the top 3 XAUUSD EA if there is no TP parameters set.

      So please you should check the TP parameters, not me to set by myself.

       

       

    • #249444
      User Avatarstewart
      Participant

      Please you download the top 3 EA XAUUSD  (monthly and weekly) by yourself and to see which one  has no TP set.

    • #249446
      User AvatarNikos
      Moderator

      The tp is set but what I meant is if you want to change it, you can do in the inputs but that is only in the individual EAs. There is no tp input in the portfolio EAs as they are set in the individual ones and the portfolio EAs are made by the single EAs.

      Hope this helps!

      Kind Regards,
      Nikos

    • #249452
      User Avatarstewart
      Participant

      The following in XAUUSD top 3 Monthly has TP set 0.

      Robot XAUUSD M15 2059931762.mq4  (Monthly )

       

       

    • #249464
      User AvatarNikos
      Moderator

      After checking, I can see that there is indeed this robot that you mentioned without TP.

      However, please know that this strategy that the robot is set to work, is working better without tp. In this case, there are other rules that make the robot exit the position when they are all met.

      Hope this helps!

      Kind Regards,
      Nikos

    • #249469
      User Avatarstewart
      Participant

      Thanks!  That clear my questions.

       

    • #249471
      User AvatarNikos
      Moderator

      You are welcome!

      Kind Regards,
      Nikos

    • #249620
      User AvatarMiroslav Popov
      Participant

      It is more simple than that.

      Your broker, RoboForex, uses 5 decimal digits for the XAGUSD quotation.

      On the other hand, the Top-10 strategies for XAGUSD are developed and tested on BlackBull data with 3 decimal digits.

      In your case, you must simply add 2 zeroes to the SL and TP of your strategies for XAGUSD.

       

       

    • #249669
      User AvatarOliver Grasset
      Participant

      I should do that for the forex, too, right? I’m going to backtest everything on Roboforex Cent accounts now to make sure I get this right. I really want this to work. I have all of Petko’s courses on Udemy!

    • #249671
      User AvatarOliver Grasset
      Participant

      Please confirm, thanks

    • #249678
      User AvatarMiroslav Popov
      Participant

      The Forex symbols will most probably work out of the box.

      Here are the quotation decimal digits we use:

      • EURUSD – 5 digits
      • GBPUSD – 5 digits
      • USDCHF – 5 digits
      • EURGBP – 5 digits
      • EURJPY – 3 digits
      • USDJPY – 3 digits
      • XAUUSD – 2 digits
      • XAGUSD – 3 digits
      • USDBTC – 2 digits
      • ETHUSD – 2 digits

      You can easily compare the decimal digits by looking at the prices in the ticker.

      Please note that the SL and TP for the strategies are in Pips (not in Points).

       

    • #249691
      User AvatarOliver Grasset
      Participant

      Yep, it’s a pain. After backtesting everything, I’m glad I did; it’s a blood bath. Everything is in the red.

    • #249704
      User AvatarAndrew G
      Participant

      Hi – I have recently purchased the new Top 10 EAs App

      After testing the EAs as part of a portfolio and selecting the profitable ones, how do you determine the lot size?

      I always use a lot size calculator to assess the lots / account balance / desired risk – however to do this I need to know the distance the Stop Loss is set from Entry.  Without seeing the stop loss value I am unable to carry out this calculation.

      Input is appreciated.  Thanks

    • #249710
      User AvatarNikos
      Moderator

      Hey Andrew,

      So, regarding the lot size, that depends on the account size. For example in an account of ours that we have 500$ in, we trade 0.01 lot size. That is our preference as we think this is low risk trading.

      To see the distance for the stop loss, it’s good if you use a risk or pips calculator as this should display the distance in pips so that you can set the correct pips for the stop loss on the pair you want to trade!

      Hope this helps!

      If you have any more questions, let me know!

      Kind Regards,
      Nikos

    • #249802
      User AvatarOliver Grasset
      Participant

      All the EAs I use from MQL5 work perfectly with Roboforex; believe me, I’ve tested hundreds of them, and I’ve never encountered this problem. So I don’t understand what you’re talking about. Can you send me a screenshot or a video of how I should change anything? For €895, I think I should deserve a clear explanation of what I’m doing wrong. I’m using everything out of the box, the latest best performing bots, but I’m clearly in the red… a bit of a joke…

    • #249823
      User AvatarAndrew G
      Participant

      Hi Nikos

      Thank you for the response however that doesn’t answer the question.

      To use a Lot Size Calculator the Stop Loss distance is required in pips. As the stop loss is not visible in the Portfolio EA then an accurate trade cannot be made.

      The example of 0.01 lots to $500 does not set a trade with an accurate risk.

      It seems as though the options are use the individual EAs to accurately determine lot size or use the Portfolio EAs and guess the lot size.

      Cheers

    • #249867
      User AvatarNikos
      Moderator

      Hey Andrew,

      I am really sorry for the late reply.

      So, you can see this stop loss and take profit calculator here: https://www.fxblue.com/market-data/tools/sltp-calculator

      You set the amount of your account, the lot size, the open price and the pair or instrument you want to trade and then that calculates the distance between the take profit and stop loss you need to have.

      Hope this helps!

      If you have any more questions, let me know!

      Kind Regards,
      Nikos

    • #249874
      User AvatarOliver Grasset
      Participant

      Day 2, now I’m running it on a standard demo account, not a cent account… and the results speak for themselves LOL. Best 10 bots of the last 30 days… 

    • #249881
      User AvatarNikos
      Moderator

      Hey Oliver,

      I see the results. In this case, I would ask you to also try in a different broker and see if that has different results. But it could be due to the market conditions as well.

      You can see what brokers we are using and try to use the robots in one of them: https://eatradingacademy.com/trusted-brokers/

      Kind Regards,
      Nikos

    • #252312
      User AvatarPak
      Participant

      Hi team,

      Would you please to explain the protections feature in the Portfolio EAs please?

      Also any tips and best practices would be appreciated.

      Thanks

      Pak

    • #254938
      User AvatarNikos
      Moderator

      Hey Pak,

      I am so sorry for the late reply.

      So, in portfolio EA, you get 3 settings for the protection that are:

      Max spread (points): What it does is that you set a limit on the spreads which means for example if you set it at 10 and the spread of the pair is 15, it will not open a trade.

      Minimum equity (currency): So, minimum equity means that the trades that are open will close if they reach to that amount that you have set. If let’s say you have a balance of a 1000 and you have set the minimum equity to 850, what it will do is that if you have an open trade and from it is on a loss of 150$, the trade will close automatically and there will not be another trade unless you set it to a lower amount.

      Maximum daily loss (currency): It is almost the same as the minimum equity but the difference is that it just close the trades for the day if they reach the amount you have set. Once the next day comes, it will trade again.

      Hope this helps!

      If you have any other questions, let me know!

      Kind Regards,
      Nikos

    • #255131
      User Avatardani schmitz
      Participant

      Hello, I was wondering if anyone here could help me out with this question that I have.

      so in the top 10 robots app you have the ea’s and underneath are a few things listed like:

      Profit
      $8,083
      Profit factor
      1.32
      Drawdown
      9.34%
      Count of trades
      935
      R squared
      86.57
      Return to DD
      4.65

      just as an example I listed the above, but on what account size and lot size is the DD, profit and the rest calculated so I know what I am risking and how much DD it has on what lot size.

      Thanks in advance.

    • #255136
      User AvatarAlan Northam
      Moderator

      Hi dani,

      The problem as to account size is used in determining the drawdown of the asset in question is resolved by expressing the drawdown as a percentage. So whatever your account size is the drawdown will be 9.34%.  As an example, a $1000 account would have a drawdown of $93.40.

      Alan,

    • #255521
      User AvatarBoyan Todorov
      Participant

      Hello Alan,

      as to the risk calculation I am using these two

      https://www.myfxbook.com/forex-calculators/position-size/XAUUSD

      https://www.babypips.com/tools/position-size-calculator

      How do you use the pip calcuclator?

      And one more thing in the Export Options in the App you can pre-set the properties for the exported EAs, but how can you predefine the Entry lots, since you don’t know the SL of the EAs in advance and the Entry lots are actaully calculated based on the account size, which is not being taken in consideraion in the Export Options? Can you please explain, thanks!

      kind regards

      Boyan

    • #255606
      User AvatarAlan Northam
      Moderator

      Hi Boyan,

      No sure I understand your question but I will give it a try:

      You do not pre-set the entry lot size in the app.  You do this when you add the robot to the chart.  During the install process onto the chart a properties box will show up.  Click on Inputs.  Here you will find the Loss in pips.  Use this Stop Loss in the Calculator to find the Entry Lots.  Then enter the lot size into the properties box.  Click OK.

      Alan,

    • #256140
      User AvatarBoyan Todorov
      Participant

      Hi Alan,

      if you open the Export Options you will see, that right on the top there is a prompt for the Entry lots, this is what I meant. However I downloaded the EAs with the default setting 0,1 and then I calculated my risk according to the pair and the SL from the properties fron the EA and then I changed the 0,1 value in the properties with the result from the calculator. I assume I did everything right?

      kind regards

      Boyan

      • #256154
        User AvatarAlan Northam
        Moderator

        Hi Boyan,

        I see what you mean.  Kind of hard to set the lot size if you don’t know the risk.  During the process of adding the EA to the chart there is a box that shows up on the screen.  If you click on inputs then you can see the SL and calculate the risk before the EA is actually attached to the chart.  When I want to change the lot size of an EA already installed on the chart then I right click on the smiley face or the blue hat in the upper right corner of the chart.  Then I select properties and from there I can see the SL and I can calculate and add the lot size.

        The way you eventually did it works!

        Alan,

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