- This topic has 49 replies, 7 voices, and was last updated 2 days, 17 hours ago by
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Is it possible to view a solid historical results base on a platform such as myfxbook?
Thanks!
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Hi Alex,
When Myfxbook is attached to your MT4 or MT5 terminal it will collect all the trades from the terminal. You can then use Myfxbook to sort the results in various ways to determine which Expert Advisors are performing the best.
Alan,
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Thanks Alan, I know how myfxbook works.
My question is, in what way can I see the performance of TOP 10 EAs in the past? Is there no tracking on this? I imagine that if it is something that works well, there must be some follow up on this.-
Hi Alex,
Sorry I misunderstood your question.
I don’t know of any publicly available tracking for the top 10. You would have to ask [email protected] if there is any available data.
Alan,
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Hello traders,
We have placed the Top 5 Gold Robots on weekly timeframe from the Top 10 Robots App on a 200$ live account!
We are choosing the top 5 robots that have the most profits and we are placing them in the account. To be able to identify the robots inside of Metatrader, we just check the magic number and we change them accordingly if another robot is more profitable inside of the Top 5 range!
To show you more on that, you can see the screenshot below:
We pick the Top 5 from there and we place them on Metatrader.
You can check how they are performing here:
If you have any questions, let me know!
Kind Regards,
Nikos -
Dear traders,
I have an update regarding the account.
We have decided to keep the robots trade with 0.01 lots as they are active and we just upgraded the account from 200 to 500$
Kind Regards,
Nikos -
Dear traders,
We have placed the Top 5 Forex EAs from the Top 10 Robots App on a 200$ live account.
We are choosing the 5 most profitable EURUSD robots on the Top 10 Robots App on the weekly timeframe and we are placing them in the account. We are checking everyday to see which is the most profitable one and we replace any robot that gets more profitable than the ones that are already trading in the account. To understand which robot is which, we just check the magic number that is displayed on each robot in the App.
You can see more in the screenshot below:
You can check their performance from here:
If you have any questions, let me know!
Kind Regards,
Nikos -
Hi team,
Can you please help and explain the timeframe selection please? What are the main differences between them? Are the EAs in Y5 gear towards long term more the others? D1 is for day trading?
What are the best practices?
Thanks and kind regards
Pak
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Hi Pak Ku Leung,
No, they are all the same EAs. Choosing Y1, M1, W1, D1 does two things. For example, if you choose M1 then all the EAs that have not traded over the last one year are blocked from being viewed. Secondly, it zooms in on the right hand edge of the charts so you can get a better view of how the EAs are currently trading.
Alan,
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Hi Alan,
Thank you for the prompt reply. It is clear for me now.
Regards,
Pak
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I am happy to hear that. Thanks for letting me know!
Alan,
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Hi
The way i use top 10 EA are the followings.
Take EURUSD as example
–at least $20 profit (both in weekly and monthly)
-Profit factor > 1.2 (both in weekly and monthly)
– that EA must exist both in weekly and monthly
-monthly profit must be >= weekly profit
Using this way, run all the top 10 EA following this rules, it has more than $150 profit this week till now.
Every Sunday, i will use this way to renew all EAs.
Hope everyone can share his ideas.
Stewart
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Hi Stewart,
Thank you for the tips. Are you using the portfolio experts or using the top 10 EAs individually?
I have been running the Portfolio EAs for three pairs – GBPUSD, USDEUR, EURGBP for a week now on a demo account. The profit is still negative at the moment.
I will definitely try your approach on another demo accounts for next week.
Thanks
Pak
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Hi Stewart,
It is great to see you have a trading strategy. Let us know how it works in the weeks ahead. It would be good for other traders to learn that developing a trading strategy and sticking to it works.
Alan,
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By the way, i also include this way for Prop Firm Robots, so this week
i run total 15 portfolio including top 10 Robots and Prop Firm Robots.
Stewart
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Hi Pak
I use this way,
For EURUSD
1. First in Weekly, go thru each EA one by one .
then go to monthly to check.
then In monthly , click add that EA
2. Finally, download as portfolio in Monthly.
Stewart
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Hi Alan
i will report my weeky results weekly.
Stewart
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Hi
Update Friday result, add USD 50 more profit for Friday with floating PL 44 now.
But I forgot if i include this rule (monthly profit >= weekly profit) or not for this week.
I will try both in next week.
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Hi stewart,
If I understand correctly you have floating PL of $44.00 and you decided to add an additional $50.00 to your account.
Also I suggest you write your rules down so you can follow them in the future without error.
Keep up the good work and keep us posted!
Alan,
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Hi Alan
$50 Profit is the Friday P/L result.
So total this week P/L is around $200.
Rules is simple as the followings:
–at least $20 profit (both in weekly and monthly)
-Profit factor > 1.2 (both in weekly and monthly)
– that EA must exist both in weekly and monthly
-monthly profit must be >= weekly profit (This may be optional )
Hope it keep going well like this every week.
Stewart
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Hi team,
Would you normally close a trade manually? I have some trades in the demo account that been opened for 2 weeks. Some are in profile, some are in loss?
Please advise.
Thanks
Pak
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Hey Pak Kui,
We do not close trades manually, we let the robots do everything themselves after we have set them up with the correct settings.
Regarding the trades, it’s based on the market conditions on when they will hit a target that has been set by the robots, so it’s best to be patient on that.
Hope this helps!
Let me know if you have any more questions!
Kind Regards,
Nikos
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Today is my 3rd day with the TOP 10 EAs app and I have been impressed by the results so far.
First day I got a bit disappointed, as I put a Portfolio of Top 3 – 5y and Top 2 – 1y in XAUUSD and it took a losing trade which is never triggered in the backtests, which was pretty weird.
Then I decided to use it another way: I got the Top 3 – 1M for GBPUSD, USDCHF, EURJPY, XAUUSD and XAGUSD, and two days after it’s near to make a 50% in a 200€ account. It’s impressive. I will keep those portfolios updated every 2-3 days or every week so I have the most performing strategies all the time. This could have been luck, so I will see if this system keeps working in the following weeks. I will keep you updated. The broker I use is Fusion Markets if anyone minds.
Good job guys,
Kind regards,
Guillermo
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Hi Guillermo,
I am happy to read you are developing a trading strategy. Keep testing it for at least a month so the results will include all the news events that can affect the trade results. If you are getting 50% in a couple of days I would think your lot size is too large. This could cause severe draw down when the next high impact news events occur. Be sure to use good money management to keep risk under control so you don’t blow your account. Professional traders never risk more than 2% on any one trade, and when taking multiple trades they never risk more than 6%. While you are in the process of developing a trading strategy also keep in mind to develop a good money management plan as well.
Alan,
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I run the top 3 Gold EAs with the risks as you have set. Max loss per trade is 2%, if all trades loss I’ll have a max loss of 6% for the three open EAs. I calculate the lot size based on the EA stoploss at 2% loss. It should be noted that most often only one out of the three will lose, and often it is less than the SL as there are trailing stops. So far in November, I’ve had one 6% DD, and I’m up 17%.
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Hello everybody!
I have some questions which make me restless.
When we make portfolio EAs, original magic numbers are replaced with new, base magic number + serial numbers. How to know which original magic number is behind new number? I can not check “bad” EA in Top 10 App to see its performance …
Regarding to first question, I have issue with XAGUSDs. They made several times bigger SL/TP then other instruments. I do not know which EA make a problem and why.
And, I still waiting for answer at forum/ready-to-use-robots/top-10-eas/ Properties & Settings
All best,
Zoran
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Hi Zoran,
The beauty of having a portfolio of EAs’ is when a few of the EAs’ are losing the other EAs’ in the portfolio will most likely be profitable and thus compensating for the losing EAs’ to keep the overall portfolio profitable. Further, the EAs’ in the portfolio that are currently losing will most likely be profitable in the days and weeks ahead and some of the EA’s that are profitable today may be losers in the weeks ahead. Basically, the EAs’ in a portfolio will move up and down in profitability in the weeks ahead while the portfolio as a whole will remain profitable. In my opinion the only time a portfolio should be modified i.e. removing an EA from it would be if the portfolio as a whole is underperforming your expectations or is losing. Bottom line, the purpose of using a portfolio of EAs’ is not to look at the performance of the individual EAs’ within the portfolio, but look at the portfolio as a whole.
To answer your question as to how to know which EAs’ in a portfolio are losing the easiest way to do that is to keep a list of the EAs’ Symbol and magic numbers in a text file. Then in the days and weeks ahead you can look them up in the Prop Firm or Top10 apps and see how they are currently performing. Doing this you can identify which EAs’ are losing. You could then recreate your portfolio eliminating the losing EAs’ and maybe replacing them with the current top performers.
I believe the other part of your question has to do with the profit of XAGUSD being much larger than the other EA’s. This indicates XAGUSD is having a major influence in the overall profit of your account. To reduce this influence you can reduce the lot size. It looks like XAGUSDs’ profit is about three times that of the other EAs’ so you could reduce the lot size of XAGUSDs’ portfolio to 0.01 lot.
Alan,
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Thank you Alan to reach me out.
Yes, that was exactly what I was thinking about, to replace “bad” EA with new, promising one and recreate new, better portfolio where EAs rowing in same direction. Making a text file is make sense IF the order of picking them determine new magic number. First picked will have serial number 000, second 001, third 002 etc. Is that the case? Or labeling serial numbers has some other logic?
Stay sharp,
Zoran
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Hi Zoran,
First of all not all the EAs’ in a portfolio will always row in the same direction as they all have different strategies. Some will move in an upward direction, some may move sideways, and some may drawdown all at the same time. Theoretically, this is why you put all the EAs’ in a portfolio so the EAs’ will compensate for each other keeping the overall portfolio profitable. When putting EAs’ in a portfolio you should look at the profit and loss of the portfolio and not the individual EAs’ making up the portfolio.
Secondly, you cannot count on the first EA added to the portfolio as being serial number 000, nor can you count on the second EA added to the portfolio as being serial number 001, etc.
Alan,
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I am really disappointed that this forum is so “dead” here… Does anyone really have success with the FX-Robots from the Top 10 App, and if yes with what approach/strategy???
I bought it about 2 weeks ago and I am trying various options (like put all EAs in one account, add new ones regularly, track the performance, use only the best ones for another account or use the Top 5 from 1M and change it regularly or use only EAs that are Top 5 both in 1Y and 1M, etc.), but to be honest every strategy so far is negative, with way more losers than winners…
Maybe 2 weeks indeed is too short, but should there not be any improvement in performance I guess I will use the 30-days money-back-guarantee, as the promise is that these EAs are profitable…
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Yea, it would be nice to see some more participation here. I’ve been here since the end of October, and here’s my input. First, December is notably horrible for trading. My PAMM guy doesn’t trade in December and will start again on Jan 6th. So you have that. I trade just the top 3 gold EAs, updating twice a day. November gave me a 13% net gain (after the commissions are deducted), with a max drawdown of 4%. Not bad at all. December is negative so far, but I don’t expect much. And yes, 2 weeks is not enough time. Neither is 30 days IMO, especially since you are in December. You’re not getting a good taste of it. You can always get your 30-day refund, wait another month, and try again when things are more “normal”.
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Hi Mark, Good to see you here. You update the EAs twice a day? Are you running this on a real account or a demo account? Isnt that too much to keep closing trades if an EA is switched?
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Hi Jitesh!! Great to run into you again, small world, eh?!? Yea, they recommend daily updates, so I’m updating to top 3 gold EAs using the weekly basis. I started with a real, but moved to demo to put a little more money into my Plexy PAMM account. But on this one, I had a good November, and December is a bit negative, but I figured that. If I was live, I probably would be sitting December out. I wanted to to see what would happen through December.
And I don’t close trades on the EAs that I take off of the Top 3 list. All these EAs post both a take profit and a stop loss, just like a basic trading approach. I like that, as there are no huge DDs waiting (hoping?) for a counter-trend system reversal. Still, December had a 13 trade losing streak, for about a 14% DD (they have a trailing loss system, so you get reduced SL losses), but with the November wins, and some December wins, the total Nov/Dec account is about 8% up. Also, I watch the non-active EA trades, and will take them off if there is a decent profit, or just move the SL to break even, so at least I don’t lose money. All in all, it’s working nicely for me.
I may go live with this after I see what January does. My PAMM did over 10% just for November, with absolutely no involvement on my part. Nice! It did get to a 20% DD at one point, but that’s acceptable for me as I don’t have to manage it. He did over 100% for 2024, so better than what I have seen in all of our Nurp and Everest forums.
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Hi!
This post strike my nerve. In October/November I have +25% and strategy was: 3 hand picked of every pair on 1M (installed as portfolio). After 5 negative trades, I disable “bad” robot and if that repeats, I hand pick new portfolio. I was ready for live and in 2 weeks, I have -15%. My 30-days money back period is gone, so I am toying now on demo trying this and that, waiting to see some positive income. So far, just downhill. I regularly check 2 Youtube channels and live results. It would be nice to have some real weekly guidance. -
TOP 10 ROBOTS / OANDA DEMO ACCT
Hi Guys!
Ten days ago I started a new demo account with my Oanda dot com broker. The one bad thing with Oanda is you only get about two week worth of historical data. The good thing is; this will be a good test demo account. So what I did was to load all the Top 10 app robots into MT5. I then backtested all the robots using the MT5 Strategy Tester. Then selected the best performing robot from each symbol. As a result I found 5 symbols EURJPY, EURUSD, GBPUSD, USDCHF, and USDJPY. Since the account size is 100K I set the lot size to 1.0.
This first graphic shows MT5 with all the closed trades after 10 days. It also shows I have all the Top 10 robots installed. The tabs show the 5 symbols I am trading.
This next graphic shows all the closed trades filtered using FXblue. As you can see USDJPY had a nice profit of $2190 or 2.1%. The other three symbols have all closed with losses. Note USDCHF has been the biggest loser. I may decide to removed it this next weekend if I don’t see any new profitable closed trades from this symbol.
This final graphic shows the open trades. From this graphic you can see two of the four symbols are now in profit. GBPUSD currently is showing a 0.2% open profit and EURUSD about 0.4%. This is encouraging as these two symbols could potentially close with a profit. If these two close with a nice profit in the next several days I think this may be encouraging for this demo account. I will have to wait and see!
Note: The blue screen is an EA that ports all the trade results to FXblue where I do my account filtering.
Right now what I am showing is the development of a trading portfolio. Once this portfolio proves to be a good profitable trading portfolio I may decide to use it for trading. As you can see from this, my process is to first develop good trading portfolios and then use them for live trading.
Alan,
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Why don’t you use the backtest results from EA Academy? Their backtester is SOOO much better (more accurate) than MT4 or 5 backtesters. A search on Google will show some pretty “strongly worded” reviews of the Metatrader testers. (Although some love it, a lot don’t.) The paid backtestors, (there are several), with paid-for data will be MUCH more accurate. I have a developer/coding team that does some work for me, and they refuse to use either of the Metatrader backtesters due to their inaccuracy.
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Hi Mark,
Thanks for your very good questions!
EATradingAcademy uses ExpressGenerator to create the strategies and EA Studio to further filter the strategies and to download the strategies as Expert Advisors. I have these same tools and use them in a similar process to create my own Expert Advisors.
As to using the Top 10 app backtester is the historical data is from Blackbull. It is a well known fact that all forex brokers have do not use the same historical data as there is not a common place for them to all download the same historical data. As a result, Expert Advisors trade differently with the various brokers. This is easily demonstrated using EA Studio. When an EA is uploaded into EA Studio the balance line will look different when switching to the various brokers. In some cases an upward sloping balance line will actually turn into a downward sloping balance line when switching to a different broker. As a result, it is fullish to think you can take a top performing Top 10 robot and use it when any broker expecting the same or similar results. This is why I do my final testing of EAs using the broker I plan on using when live trading.
As to using the MetaTrader Strategy Tester I know it is not as accurate as using EA Studio (the worlds best backtester). I tested using EA Studio and the MetaTrader Strategy Tester with the Top 10 robots with the same brokers historical data. I found that after selecting the top 5 robots with EA Studio and the top 5 robots using the Strategy Tester, four out of the five selected robots were the same. The actual profit and number of trades do vary between using EA Studio or the Strategy tester but the actual selection of robots are almost the same.
I am using the Strategy Tester as many traders here in the EATradingAcademy Forums do not have EA Studio or any other paid backtester. What I am doing here is to use the same tools other traders have access. In using the Strategy Tester I am not looking for accuracy I am just looking for EAs that are moving in a positive direction as an initial determination as to which of the Top 10 robots to start with in a demo account. I then test these robots (EAs) in a demo account with the same broker I am planning on using for live trading.
I hope this answers your questions!
Alan,
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Nice, and totally agree. You know what you are doing. I’ve run into SO many people that play with the MT backtesters and then get burnt when going live. Thanks for the detailed clarifications. I’m sure anybody that sees it here will be greatly appreciative, as am I.
Still…. is the EATA process and presentation less than optimal? It seems that it is if you seen the need to go through the work you are going through!! So far, (only Nov/Dec) using the EATA portal results seems to be working nicely???
Great conversation, BTW. This would be nice to develop here.
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Hey! Me too! About the same time frame, except no Stocks, started with Commodities and the rest is the same. Worked with a few FX guys in EA development for a while, about 15 or so years ago. I’m liking EATA as well, in particular, the dynamic tracking of it as well as the fixed stop losses. Just gold though…. MK
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Hi Alan, too bad we can’t post under your initial post to keep that discussion separate. Your approach makes a lot of sense, I just don’t have the gumption to do that much work! Most of my funds are in a PAMM, and doing nicely, but I like to keep my hands in things a bit. So far, I just use the EATA app to select my top three gold EAs, updating twice a day. But on your points, I think I’ll use the MT5 strategy tester on those top 3 to confirm correlation with the EATA backtesting. If any differ significantly, I’ll test numbers 4,5,6…… until I get a positive result looking like the EATA one. Interesting approach for sure.
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PS: I calculate (simple excel sheet) my lot size per EA (gold only) by calculating the max loss account % using the posted stop loss. I’m limiting each EA to 2% max loss. So the larger stop-loss EAs will have lower lots (duh!). So far, this has yielded a max Drawdown (consecutive losses) of 14% over 13 consecutive losses, with per-trade losses ranging from .14 to 1.08 % of account. Which is nicely less than my max calculated loss of 2%. I like the idea of the trailing stop as it minimizes these losses.
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TOP 10 ROBOTS / OANDA DEMO ACCT
Hi Guys!
This weekend I am showing the results of the Top 10 APP Robots using FXblue. In this first graphic I show a nice Floating profit of $1096. Notice also the Equity is $100,201.96 which encludes the sum of the Balance and the Floating profit for a very small profit. Although the Equity shows a small profit the Weekly Return, Monthly Return, and Profit Factor are all negative. This is because of the Floating Profit. If the open trades, creating the Floating Profit, would have been closed at the end of trading yesterday (Friday) the Weekly Return would have shown a positive 0.2% return and the Monthly Return would have been 0.3%. Not very impressive but it shows the account is making progress.
This final graphic shows the cumulative profit and loss of each of the currency pairs as a balance line. Note USDJPY shows a steady upward balance line. The red line EURJPY has been pointing in a downward direction over the last three days. Since this currency pair was still pointing down going into the close on Friday I have no confidence it will turn upward next week. For this reason I will replace this currency pair. The other two pairs have been flat for the last two days following a slight downward trend. This could be a sign they are about to turn upward so I will keep them in the portfolio. If they continue to move downward in the first few days of next week I may go ahead and replace them as well. I will have to wait and see!
As we go into the final three weeks of the year the performance of currency pairs may not perform well as the big speculative traders close out their losing trades for tax purposes. As a result we could see losses in our accounts, hopefully not! However, the good news is that in early January we could start seeing some nice profits in our accounts as the big speculative traders take the funds generated by closing out losing trades in December start to reinvest those funds into new positions.
I am still in the process of shaping this account into a profitable portfolio so I can use it in a live trading account. Trading is a process!
Alan,
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TOP 10 ROBOTS / OANDA DEMO ACCT
Hi Guys!
Here is a quick mid-week update on the Top 10 app robots trading on my Oanda dot com demo account. This account has now been trading for 17 days showing a calculated monthly return of 2.5%. So far this account has made a lot of progress compared to last week.
Alan,
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TOP 10 ROBOTS / OANDA DEMO ACCT
Hi Guys!
With this first graphic I decided to start at the top level and work downward into the details. This first graphic shows a balance of 101,652.73 compared to last weeks balance of 99,105.36 for a weekly profit of 2,547.37. I chose to compare balances as they represent the closed trades. This first graphic also shows a calculated monthly return of 2.7% based upon the history of 19 days.
This next graphic shows the balance line over the last 19 days. In the first several days this graphic shows the balance line moving in an up and down direction making lower highs and lower lows indicating a downward trend. However, the last several days shows the balance line moving upward and making a new higher high, an indication the downward trend has ended.
This final graphic shows the individual balance lines of all five traded assets. Note USDJPY has been moving in a nice upward trend over the last 19 days. EURUSD and GBPUSD have been trading in a horizontal direction over this same time period. Note also USDCHF and EURJPY can be seen moving in a downward direction for the first two thirds of the time period. However, over the last one third of the time period of 19 days EURJPY has been flat while USDCHF is starting to move upward. Since none of these five assets are now moving in a downward direction I have decided to continue trading these same assets this next week.
This last week this demo account has made significant progress. It will now be interesting to see how this account performs this next week knowing it is Christmas week. I expect trading to be light this next week as many of the big traders, who are the ones that really moves these markets, will be taking some vacation days. So, it will be interesting to see what progress this account can make during this Christmas week.
Note: I do not have any plans on continuing to report the progress of this demo account on the forum after this year.
Alan-
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