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The FTMO app closes the opened trades just like the MetaTrader backtester does.
For example, currently, there are opened trades in my account, but those show as closed on the FTMO App.
This is why you will usually see more count of trades in the app compared to what you see in the account history.
But if you compare the opened trades, you will see they match.
Yes, it is real!
We have spent a lot of time figuring out the most useful and simple way for everyone to find the top performers from the FTMO Robots. And now the new feature is live on the app! You can see which assets are most profitable in the last 1 week or last 1 month. Even in the last 1 day!
There is no need for trial accounts and my Fxbook links. Whenever you get the FTMO Robots you can see the top performers with ONE click of the mouse:
Enjoy!
Hey traders!
Some great news! Many of you asked for the myfxbook link from our testing account but we found a better solution:
Now you can see which are top performers in the last week from the app itself!
Please, test it, and let us know if you have any questions. I will also record a video about how I am planning to use it.
Hey Noah,
You need to login into your account in the Academy. Then, you will be able to download the EA.
Please be patient with the e-mails as we receive 100s every day, and we do our best to answer all of them in 24 hours.
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.
Hey Alan,
The backtest is the same. There is just one order difference.
In the FTMO app, there is a newer version of data horizon compared to EA Studio. We used 1825 days, which is 5 years.
In EA Studio, we set the date, but when you do it, it loads data from the beginning of the day (00:00).
However, in FTMO Robot app, 5 years from the time of calculation (now) which is not from 00:00.
Here are the backtests:
Please, check your symbol settings, and try the the default from FTMO Server Data. Just reset the settings.
Glad you liked it!
If you have purchased the FTMO Robots previously, all you need to do is to log in to the website of the Academy. Then go to the FTMO Robot app and you will be able to download the EAs.
The FTMO Robot has passed another challenge! This time it was the Infinity Forex Funds 50k account.
I used all the robots trading simultaneously with 1% (normal) risk per trade. Once the account reached 5% profit, I doubled the entry lot (keeping it at 5% max Daily Loss). This is a variation of the scaling-up system I teach in the FTMO Course.
Once the equity reached $55,050, the trades were closed automatically using the integrated target protection settings in V5.1.
It took about 30 days for the FTMO Robots to pass the challenge. EURAUD and GOLD were the most profitable pairs. You can have a look at all of the stats here.
At the beginning of the challenge, I had the FTMO Robots V5.0, and then I replaced them with the Robots from V5.1 (that is why there are double magic numbers). I also doubled the lots according to the V5.1 values.
Scaling up works great for me! And I don’t find it as risky as the Martingale approach because we reinvest the profits in the account.
We plan to integrate the scaling-up method in the inputs of the EAs so that when one wants to double (any multiplier), the lots can do that automatically at a certain point.
In this example, it was just one one-time manual intervention but it would have been great to set this from the beginning:
– increase 2 x lots once the account reaches $52500 (5%).
We will work on that, and as soon as we develop it, we will add it as an option in the EAs.
There is already a topic about that: https://eatradingacademy.com/forums/topic/recommended-forex-pairs/#post-220142
You can check the best pairs from this morning.
WEEK 3 – DEC – 2023
Here are the results I saw this morning:
The trial account passed (it reached 5%):
Here are the performances for the last 1 week:
And here are the results for the last 2 weeks:
I would probably trade until the end of this week, and I will pause trading between the holidays (but that’s me).
I know many of you want us to provide the link to the testing account and save you the testing, but there are a few problems:
1. Once the trial passes, we must start a new account – we need one week to collect data in the new account. Traders who started in this period won’t have data to use.
2. It turns out that the results are different for the different prop firms. We tested the FTMO Robots on 5 different prop firms, and surprisingly, the prop firms offer very different quotes, which leads to different trades. This is why if you follow our FTMO Trial results but apply the best performers on Infinity, for example, you will not achieve optimal results.
3. Using myfxbook will always lead to some delay.
So what is the solution?
We are working on updating the FTMO Robots so the results will be displayed on the chart. This means that once you put the EAs on MetaTrader, it will start collecting the statistics.
We will also be able to select the period in days. For example, we will see the results for the last 1 week or any predefined period.
And this will be on the chart itself (where the stats are currently with V5.1).
But I can’t promise when this update will be ready because it requires much work.
However, the January update is ready! Which is huge! 🙂
Cheers,
Petko A
WEEK 2 – DEC – 2023
Good morning, traders!
This is what I see today:
And the top FTMO Assets during the last one week:
