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Viewing 8 posts - 106 through 113 (of 113 total)
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  • in reply to: Top 10 EAs: Errors and Solutions #256767
    User AvatarAlan Northam
    Participant

    Hi Peter,

    I would suggest you keep a closer eye on the Top 10 app to see what the robots are doing and when they are replaced. I have added some notes beside each of the robots you listed for your reference.  I used W1 for my analysis.

    EURUSD
    Robot EURUSD M15 2016102936.mq4 (open +28.40 dollar) Is trending downward. I would replace this one!
    Robot EURUSD M15 1957092103.mq4 (open -18 dollar) has been replaced
    Robot EURUSD M15 1886871919.mq4 (no trades yet) has been replaced

    XAUUSD
    Robot XAUUSD M15 2001591349.mq4 (no trades yet) has been replaced
    Robot XAUUSD M15 527700410.mq4 (closed – 191.60 dollar) !! has been replaced
    Robot XAUUSD M15 417585610.mq4 (no trades yet) has been replaced

    XAGUSD
    Robot XAGUSD M15 569850565.mq4 (open +363 dollar) !! Is trending upward. Nice profits!
    Robot XAGUSD M15 1080231101.mq4 (closed -309 dollar) !! Is trending downward. I would replace this one!
    Robot XAGUSD M15 1752378582.mq4 (no trades yet) Is not trading very often. I would consider replacing this one!

    Alan,

    in reply to: Top 10 EAs: Errors and Solutions #255986
    User AvatarAlan Northam
    Participant

    Hi k,

    Don’t worry about time zones.  I don’t!  As long as you see a smiley face everything is working correctly.  Just be patient and the trades will come.

    Can you show a screenshot of the upper left area of the trading chart so I can see what it is saying?  Then I can help further.

    Alan,

    in reply to: Top 10 EAs: Errors and Solutions #254096
    User AvatarAlan Northam
    Participant

    Hi Ronald,

    If you are using MT4 and see a smiley face in the upper right corner of the trading chart or if you are using MT5 and see a blue hat then the EA is working correctly and you just need to give it more time to start placing trades.

    Alan,

    in reply to: Prop Firms that allow US residents and EAs? #250279
    User AvatarAlan Northam
    Participant

    Hi Traders,

    Today I opened a 10K 1 step challenge with FXIFY Prop Firm.  The first thing I learned after installing the MT4 terminal is that this prop firm does not allow much historical data.  In fact, the historical data allowed for the M15 time frame, my favorite time frame, is less than 1 month.  This does not allow me sufficient historical data to create some Expert Advisors.  So how do I successfully trade using this prop firm?  So I am going to use this account to run some tests.  The first thing I am going to try is to take my Expert Advisors I created over 9 weeks ago that I am using on my Infinity Forex Fund Challenge and install them on my FXIFY trading charts.  I am going to set the lot size to 0.01 and monitor how these EAs perform over the next week.  I will report my finding next weekend.  So I am actually running two tests at the same time.  First I am testing if EAs created over 9 weeks ago can still be used for trading.  Second, I am testing if EAs created from historical data from another prop firm can be used.  Stay tuned…

    Alan,

    in reply to: Prop Firms that allow US residents and EAs? #249314
    User AvatarAlan Northam
    Participant

    FXIFY is the only prop firm that I know of that allows traders in the United States.  Here, Nicholas has started his first  FXIFY Challenge.  In this link Nicholas shares his first experiences with this prop firm.

    https://eatradingacademy.com/forums/topic/ftmo-robot-app-v6-0-new-features-released/#post-249312

    Thank you Nicholas for sharing,

    Alan,

    in reply to: Prop Firms that allow US residents and EAs? #246598
    User AvatarAlan Northam
    Participant

    Hi Niholas,

    Thanks for the update!

    Alan,

    in reply to: Prop Firms that allow US residents and EAs? #246582
    User AvatarAlan Northam
    Participant

    Just updating the thread in case future users read it.

    FXIFY does in fact allow US users, works with MT4, and MT5, and allows EAs.

    The only thing is you need to contact them and have them review your EA to approve it.

    I showed them a 3 minute video of it running and they approved the EA within 24 hours.

    Cheers, everyone and thank you Alan for the suggestion to look into them

    in reply to: Prop Firms that allow US residents and EAs? #245944
    User AvatarAlan Northam
    Participant

    Hi Nicholas,

    Check out https://www.fxify.com/. I am not recommending any prop firm but this prop firm accepts US traders and you can use MT4 and maybe even MT5.

    Alan,

Viewing 8 posts - 106 through 113 (of 113 total)
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