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Alan Northam
ParticipantHi Llalmar,
There is a free course that will teach the basics of using EA Studio. You can review this course to see if you think it would be too difficult for you. You can even use EA Studio for Free and use it as you take the free course. Using EA Studio for free does come with some limitations but I don’t think, if I can remember correctly, that these limitations will not be a problem while taking the FREE EA Studio course. Then after taking the free course and you think you you feel capable of creating your own EAs there is an EA Studio professional course you can take to teach you the advanced features of EA Studio.
Alan,
Alan Northam
ParticipantHi melzkc,
The EAs can be used with a regular FTMO account but you will have to make sure the EAs do not close any trades during news events and you will need to manually close all trades before the markets close on Friday to avoid violating the rules. It is much better to use the Swing account so you do not need to worry about violating any of the regular account rules.
Alan,
Alan Northam
ParticipantHi Ruben,
Trading the FTMO app robots is not necessarily for everyone. I would suggest creating your own robots using EA Studio. This way you would have more control over how the robots are created. Besides my trading the FTMO app robots I also create my own FTMO robots using EA Studio. Recently, I started sharing the results of my robots on the forum so traders not having success with the FTMO app robots could see there is another way to trade robots. The following link will take you to the topic where I share the results of my own FTMO robots.
Alan,
Alan Northam
ParticipantHi Llalmar,
Please be advised the profit depends upon the risk taken.
Alan,
Alan Northam
ParticipantHi Llalmar,
You can look at the FTMO app and then look at the robot you downloaded. Then you can see how many trades were taken over the lookback period such as one week or one month or one year or five years. This will give you an idea as to how often the robot places trades.
Alan,
Alan Northam
ParticipantLast weekend I updated my ftmo robots I created using EA Studio. In updating my robots I chose to use the Walk Forward feature of EA Studio. The week now is half over and so far the results are gratifying. The following table from FXblue shows these results:
Alan,
February 14, 2024 at 13:40 in reply to: Prop Firm Robots App & v6.0 – New Features Released! #234449Alan Northam
ParticipantHi Callum,
I already sent your request for a refund!
As a note: Besides trading the FTMO app robots I also create my own EAs using EA Studio which has been profitable. I have shown the performance of my own EAs in another topic. So you might consider creating your own EAs.
Alan,
Alan Northam
ParticipantHi Fontana,
The FTMO app shows the performance of the robots for the previous week and not the current week after you place the robots on the chart.
I too have the robots running on my FTMO Challenge. Over this last weekend I ran some analyses. The results showed trading the robots based upon selecting the top 3 from the 5 year selection performed the best. So, to test my analyses, this week I chose to trade the top 3 based upon the last 5 years. So far this week the robots have not taken a trade. I will continue to trade these robots for the next several weeks to see how selecting the top 3 over the last 5 years performs. Just thought I would share how I am trading the robots!
Alan,
Alan Northam
ParticipantHi Balfred,
When you create Expert Advisors with EA Studio the downloaded EAs when installed on MT4 or MT5 will have a Dashboard showing the status of the EA. The EA will also have Daily Drawdown protection, account equity drawdown protection that can be setup in the EAs properties dialog box.
Alan,
February 14, 2024 at 11:46 in reply to: Prop Firm Robots App & v6.0 – New Features Released! #234411Alan Northam
ParticipantHi Ochoanel,
I have sent your request for a refund!
Is there anything I can do to get you to reconsider?
Alan,
Alan Northam
ParticipantHi Callum,
I have sent your request for a refund!
Do you plan on using EA Studio, the best software for creating EAs in the industry, for creating your EAs?
Alan,
February 13, 2024 at 19:50 in reply to: Prop Firm Robots App & v6.0 – New Features Released! #234355Alan Northam
ParticipantHi Jesus,
Go to the Expert Advisor properties box and scroll down to the News Priority, there you can select the option you want.
Also, the robots will continue to work during news events but they will not open new trades during the news event.
Alan,
Alan Northam
ParticipantHi Chadi,
Please start your trading journey with robots by viewing these videos:
Alan,
Alan Northam
ParticipantHi Ryan,
This topic is for the support term to share with traders the new features that have been released. For new features requests please contact [email protected] .
Alan,
Alan Northam
ParticipantHi Callum,
For refunds please contact [email protected]
I am in Texas and not connected to the support team.
Alan,
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