21 Day Program: Experience and results

[Anonymous]

Hey traders,

In this topic, you are welcome to share your experience from the 21-day program. I, the other mentor, and the moderators are here to help you. As well 100s of experienced traders we have in the Forum. So do not hesitate to share your results!

[Anonymous]

Good day,

I am on day 4, The result on MT4 are not great but I started the 21 days on a Friday evening with a holiday Monday (I am from Canada). This morning the 3 Portfolios Expert are generating profitable trades.

I believe that Oanda in Canada has too much spread, I will try FPmarkets for the next step of the 21 days.

I am very happy with all the courses and the useful material.

kind regards,

[Anonymous]

Now 11:08 my time and both accounts are positive. Lovely EA’s :)

[Anonymous]

Hey Jeremie,

Glad to hear from you! Yes, give it always more time. There will constantly be losing and profitable days, but the most important is looking at the big picture and finding the best way to manage the EAs.

Is FP Markets accepting clients from Canada?

[Anonymous]

Hi,

thank you for the EA´s and lots of examples in your course. Except one of my EA´s all are making profits and with a bit of twaeking they work very well I have to say. I use FP MArkets in Bulgaria and am happy about the results so far. Thank you again.

Chris

[Anonymous]

Hi Chris,

Its good to hear you are having success with the EA’s.  Can you share which course you are referring to and more about the results, such as, how much profit over what time frame and why you had to make some tweeks and what tweeks you made, etc.  I am sure other traders would like to know more about your success.  Please share!

Alan,

[Anonymous]

Hi Everyone,

Today is 4th day of algorithmic trading. Just sharing my results of 2 demo accounts having different lot size.

Demo Account 1
Balance $25k
Lot Size per trade: 0.25 lot

[Anonymous]

Demo Account 2
Balance $25k
Lot Size per trade: 0.10 lot

[Anonymous]

Hi Traders,

After 4 days of algorithmic trading using the 5 EAs in MT4, the results are not great.

[Anonymous]

Hi Joao,

Trading goes through periods of gains and period of loss.  In the long term with our EAs the gains will be greater than the losses.  Give it a few weeks and you should see some nice profits.   I have a demo FTMO account I share in the Prop Firm area of the forum where you can follow my results.  In this account it did good for the first several weeks and made a 7% profit.  Then over the last month it as lost 1% giving me a total profit since the beginning of August of 6%.  I expect in the months ahead this demo account will once again provide some nice profits.  Successful trading comes with time so hang in there!

FTMO DEMO

Alan,

 

[Anonymous]

Give it some time :) 4 days is definitely not enough

[Anonymous]

Hello – for manual rather than EA  trading, any suggestions for a low cost or free chart-based MetaTrader  add-on to help size, e.g. risking one percent, execute, and manage  trades?

[Anonymous]

Hello

I am a new student for the 21 day challenge.

Right now with the default settings I have an unrealized profit of $131 on the account which is really cool to see.

I have a question.. for the GBPUSD 1M EA .. I noticed that the default settings is .01 lots.. Do I have this correct (as its a lower time frame bot the default settings is .01 for less risk? or is this suppose to be set to .10 lots.

At first I was a bit confused on doing set lot sizes, as I have been doing manual trades and I have a lot size calculator that auto calculates the lot size to risk only a % of the account per trade or risk a set $ amount per trade… However from what I am seeing in this course we are focused on a consistent set lot size?  And the losses and wins have some variety based on the distance from our entry to the stop loss? or we could also calculate this and have a different lot size per EA that would reflect how much we want to risk per trade and have all of our losses the same amount of the SL is hit?

Looking forward to continue my education here… I have seen auto trading bots and algos perform well in the past then fail as market conditions change.. its encouraging to see here that we update the bots every month based on performance and we diversify with lots of bots at once.

[Anonymous]

I think I figured it out.. so these bots have pre determined MAX STOP LOSSES in PIPS so we can calculate our lot size based on how much we want to risk in $ per trade using a standard lot size calculator / risk calculator.

So if I was trading this live, and I wanted to risk a maximum of $25 per trade .. my lot size would be .03 lots (based on a standard position size calculator) . the 100 pips for stop loss I am assuming this is a hard stop loss amount… So I could calculate this for each EA and have it so all my trades max loss would be $25.

 

[Anonymous]

Hey Chris,

Thanks for posting the question. Yes, you can use any calculator to decide how much you want to trade depending on the risk tolerance and account size.

However, in the courses, we keep it at 0.1 when it is an individual EA and 0.01 when it is a portfolio Expert.

Usually, in the portfolio expert, there are 10 EAs, so if they all open 0.01, it will be 0.1. We take it as a ‘one’ strategy.

Let me know if that answers the question.

[Anonymous]

Hello Petko

Yes this helps. After running on demo for a month I now have a stronger foundation on how the lot sizes and maximum losses roughly will be.

 

Thank You for responding. Going to work on the 21 day challenge again this month. I went live on the 5 EAs in the course on a smaller account this month. Excited to continue to learn and learn more.

Cheers

Chris

[Anonymous]

Hello Petko

First i want to say Thank you for your very nice Cours. I love them and I love Algo Trading. I have tried a lot of robots in the past, most of them free of charge. Unfortunately, 95% of them are useless. Your 5 EAs are really great. I have already made over 5% profit in three days. Soon I will start them in a real Account or even in a Challange.

But the Portfolio EA`s from ” Last Month best Robots + 30 EAs Every Month” that I got at Day 3 are not working i dont know why? I watched al Lessons it was really interesting. I did install the 3 Portfolio EAs like in the Course described. They are running now since 3 Days but it happen only 1 small Trade till now. I Think there is something wrong. I mean there are 30 Strategys inside and only one Trade happened till now?

Thank you for your Time and Effort.

[Anonymous]

Look these are the Settings is hier something wrong? The Smylei is here and you can see only a Gain of 5 Dollar in 3 Days with all of the 3 Portfolios.

 

[Anonymous]

Hi, I have the 5 EAs from the first course running for more than a week and they keep losing, is this normal? Am I doing something wrong?

[Anonymous]

Hi Boyan,

Yes it is possible to EAs to have a period of losing. Monitoring the performance of EAs over just a one week period is not sufficient to determine the long term outlook for the EA. Monitoring for a month will give a better understanding as to whether or not the EAs will continue to be profitable of should be replaced.

Alan,

[Anonymous]

Hi, thanks for the quick response. I also noticed a mistake I made. I put the usdgbp EA on the eurjpy pair, do you think this might contributed to the loss? Infixed it anyway. Thanks!

[Anonymous]

Hi Boyan,

Sometimes an EA will work on a different pair and sometimes not.  So it is hard to say if the EA in question contributed to some of the loss without doing further analysis.  The way I would check to see if the EA contributed to the loss would be to do a backtest of the EA on both pairs.  Then you can look at the results of both backtests to see if the EA contributed to some of the loss when attached to the wrong pair.  You can use the MetaTrader Strategy Tester to do the backtest but EA Studio would give a more accurate backtest.

Also, now that I think about it more, you can do a backtest on the 5 EAs for the last one month and then look at the resulting graph to see if the EAs are in a nice upward profitable trend.  This would give you an idea if the EAs are being profitable over the longer term and that they are just going through a short term drawdown.

Alan,

[Anonymous]

Hi Alan,

thanks for the reply. I also noticed that the EURJPY M15 is not performing as good as it is in the video https://www.youtube.com/watch?v=87u_9eHlSPU . I also noticed that the one I downloaded has different setting than in the video – SL 100 and TP80 vs. SL70 and TP13 in the video. I know the EAs get updated, but with the new relation between SL and TP it did not hit the TP that often. How often do the EAs get updated? And one more thing – I have a MT4 Duksacopy demmo account and I tried to create an ‘investor’ password under Option in MT4 to link the account with FXblue and Myfxbook, but it is not working, what might be the reason? Tnaks!

[Anonymous]

Hi Boyan,

I do not know if the 5 EAs from the first course get updated they might just be for practice.  You would have to contact [email protected] to find out if those EAs get updated.

To create an investor pw you also have to put in your main pw as well.

Alan,

[Anonymous]

Thanks Alan,

unfortunatelly the creation of the investor password is not working even though I put in my main password. As I hit OK to exit the window nothing happens. Could it be a MT4 glitch?

best regards

Boyan

[Anonymous]

Hi Boyan,

I always use the Publisher mode with FXblue, you do not use the investor pw with the publisher mode.  Plus with the publisher mode you get faster updates from your MetaTrader terminal.

Alan,

[Anonymous]

Hello, I have found that the robot opens trades but it keeps them trades open for a few days, is this normal and when they close the trade?

[Anonymous]

If your robot is keeping trades open for a few days, it’s probably following a strategy that’s meant for longer-term trading. It should close these trades when they meet certain goals or conditions that were set up in the robot’s programming, like hitting a profit target or stopping a loss at a certain point.

[Anonymous]

I’ve been enjoying the 21 day course and have been having great results with the expert advisors I generated with EA Studio. I was running my bots with a VPS and had the account connected to FX Blue so I can keep track of the performance. The balance had a gain of 3% and the equity had a gain of 13%. However, in the middle of my testing, my Demo account expired because the account had a 30 day limit. I was in the middle of about 14 trades, so this really screwed up my strategy and statistics because the EA’s weren’t able to close trades on the account. I think at this point it’s better for me to start fresh with a new demo account, and I am currently trying to get an account that doesn’t have a 30 day expiration.

[Anonymous]

Hi Ben,

I am happy to hear you are enjoying the 21 day course and having great success using EA Studio. To get rid of the 30 day limitation of EA Studio you can purchase a copy of EA Studio from the following image:

Expert Advisor Studio

Alan,

[Anonymous]

Hi Alan, I wasn’t talking about the free trial of EA Studio. I meant the 30 day limit that was placed on my MT4 demo account by my broker.

[Anonymous]

I Started 21 day program 6 day ago.

I made so many EA in Expert Advisor Studio but at last i found a EA which is great for me.

today in 7 hour, I made 52.17$ profit in EURJPY.

Thank you very much for this opportunity.

[Anonymous]

Hi Jatin,

Great job!!!

Alan,

[Anonymous]

Not bad for some extra income. How many hours did you spend on making that money?

[Anonymous]

Hello,

I understand the concept of risk diversification. So I chose some connected pairs to trade with like in some of the courses from Petko:

EUROUSD

USDJPY

EUJPY

And I use the 15 minutes time frame for generating the strategies. I’m planning to work with 15 EA’s (5 of each pair). But what I noticed is that USDJPY gives me much more better resulting strategies. I think for the last 2 weeks 80% comes from the USDJPY currency pair. SO if I select the weekly top performing strategies in my Metatrader demo and copy them over to my live/other demo account I have 15*0,8=12 strategies of the USDJPY pair active and 15-12=3 slots available for the other two pairs.

Now I’m asking myself, how to deal with this situation. This is no risk diversification and if next week somethings happen with the JPY I’m maybe f*cked… :(

Do I need to find another pair or take less strategies of USDJPY and forcely take the ‘lower fruit’ strategies from the other pairs to come to an even distribution…

Hope that’s clear :)

Cheers,

Maarten

[Anonymous]

Hi Maarten,

I keep track of a similar thing with my Infinity Forex Fund challenge account (see Excel screenshot below).  Look at 03/23/24 line for example.  Here I am trading AUDUSD, USDJPY, USDCHF, EURJPY, and EURGBP for the next week.  At the end of the week the only top performing pair looking at 03/30/24 were USDCHF and EURJPY or two pairs out of the five pairs.  This tells me only 40% of the pairs traded were top performers for the week.  If you now understand how to read the chart you can see how each week performed.  In the right most column I show the results for each week.  For example, line 03/10/24 shows that 60% of the currency pairs I traded during the next week were top performers for the week.  You can also see each week different pair were top performers each week.  This table also shows the currency pairs that are top performers each week changes.  The right most column of the table shows this weekly change in percent.  Bottom line, based upon the strategies of each of my Expert Advisors, I cannot rely upon the same Expert Advisors to be the top performers at the end of each week.

So you might see similar results with your Expert Advisors.  Don’t expect USDJPY to be the best pair to trade each week.  When I strip out all the currency pairs except EURUSD, USDJPY, and EURtJPY from my table and read the results I get USDJPY as being the top performing pair the next week to only happen 33% of the time.  However, this is based upon the strategies of my EA’s.  For a more accurate analysis using the strategies of each of your EAs you would need to develop your own similar table.

Alan,

[Anonymous]

Hello Alan,

Ok, that looks like a nice way of getting better insides. So it’s better for me also to trade more then 3 pairs in my demo account to get a better idea which one are the best performing. It feels like the same approach when selecting the best strategies after a month/week. Tracking which pairs performed good the last week and selecting the best strategies for that pair for the new weeek to come. So you select the best strategies and best pairs..something like that :)

Cheers,

Maarten

[Anonymous]

i just download USDJPY EA and it is work fine ,but an issue i faced as attached it place many orders within 5 mins , i know that it do the strategy perfect ,but many same  orders can be  very risky

[Anonymous]

Any reply guys?

[Anonymous]

Hi Ahmed22,

These are not the same EA.  This is a portfolio of EAs containing many different strategies.  The fact that many trades are open within a few minutes is the result of using the M1 timeframe.

Alan,

[Anonymous]

<p style=”text-align: center;”>Is that right? For that Protofoil EA?</p>
 

[Anonymous]

But this not portfolio

[Anonymous]

My mistake.  I am not familiar with that EA .

[Anonymous]

Never mind

Can you advice for that issue

[Anonymous]

Does that EA have an option in its properties box to select how many trades can be opened at one time?

[Anonymous]

No

 

[Anonymous]

The only option you have then is to keep the lot size small so as to consider all open trades as one trade.

[Anonymous]

I did already

Please if you can share your colleagues to advice i appreciate

 

Many Thanks

[Anonymous]

Not working for me and I feel lost.

I tried doing it with FBS and it’s not working.

Should I switch to another broker?

If so which one?

I tried those EA and I don’t know why it’s not working.

I understand that FBS doesn’t support Signals from MQ5 and that’s annoying.

What broker can I use as an American Citizen?

Thank you,

Yaron.

[Anonymous]

Hey Yaron,

So, regarding the broker, I think OANDA.com is a good one for US Citizens.

But except that, please explain more about the issue so that I can assist you better.

Kind Regards,
Nikos

[Anonymous]

Have anyone used the top 5 EAs on the course… What’s your results so far?

[vernieone]

Hi Nikos,

I just started the 21 day course 2 days ago which is excellent.

I have set up the 5 EA’s on MT4 demo account with Blackbull on a Beeks VPS all charts have a smiley face.  Unfortunately, nothing is happening and no trades have been executed in 2 days.  Do you guys have a helpline for things like this please?

many thanks

James

[NIKOS KYRIAKOU]

Hey James,

In this case, it’s just that the EAs are trying to find the best opportunity to execute the trades and also to meet the acceptance criteria.

Hope this helps!

If you have any other questions, please let me know!

Kind Regards,
Nikos

[Ismail Nc]

WOW

 

[BeckerHugues]

good

[Ilan Vardy]

You should test for yourself on your broker. Results from different brokers can vary significantly based on their trading conditions. Personally, I always validate any new EA I create with several broker’s historical data.

 

Thanks,
Ilan

[Nadirch]

Hello guys Today is the fifth day of the experience of trading with expert advisors on a $10,000 demo account. I see more profitable trades than losing trades. I think this is good. I think I should start a real account with the same expert advisors and the same settings, $10,000 for 0.01 lots. The loss percentage is very small since the profit trades bear fruit. This is good.

[jessie somera]

This  is my result of trading with 5 Free EA’s for trading for week 1 

[kntrading]

Hey guys! This is my 2nd day on the course, installed the EAs a few hours ago. No trades started yet but I’m backtesting the EAs for the entire year of 2024, broken down per month. Here are the results.

It was done in Strategy Tester within MetaTrader5 on Mac. Went through the strategies one by one and month by month. Do these results seem reasonable? Performance seem pretty disappointing to me tbh.

[ksteph86]

Hey guys im new to your community and i was looking for a mentor to help me setup a live trading bot

[ksteph86]

You can reach me in discord @ksteph5905 or you can put your info and i will contact you

[ksteph86]

Ok you wanna help or what ??

[Carol Lawrence]

hi

[ksteph86]

Hello maam are you willing to help me

[oliva2309]

ok

[LumbiniHut]

thanks

[Varsha Sangal]

nice

[Author]

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