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Hey Jaroslav,
Glad to hear from you, and welcome to the Forum.
1. You need to check if your broker offers the same trading conditions on Live and Demo. The first thing I do with a new broker is to put a few EAs with 0.01 and see if the trades match. If they do not…change the broker. I personally stopped using Admiral many years ago because of their high spreads. But that is a personal choice.
2. Do not hurry with a live account. Use a second Demo account until you find yourself comfortable with analyzing and moving the EAs from Demo to Live (second Demo).
3. Honestly, you hit one of the worst periods for Forex trading during the volatile markets (dues to Russia – Ukraine war). In times like these, I pause the trading. Why? Because the market moves not because of a normal supply and demand thing but because of news and speculations.
And the EAs are generated based on a backtest that was not during such market conditions.
Hello Jaroslav,
Can you make it clearer what you are doing?
Do you test the EAs on a Demo account and when you move to live they start losing?
Did you test your live and demo if they match the trading in the first place? The best way to test your broker is to place 2-3 EA with 0.01 on a Demo and Live and see if the trades will match. If they do not. testing on a Demo account becomes useless.
It is best to use the timeframe of your broker. Because this is where you will be trading the EAs.
Just download the Historical data in the appropriate time zone and the EAs will be generated accordingly.
Guys, I just uploaded a lecture about bulk uploading NFTs to opensea for Mac.
The method for Mac is super similar to the one for Windows. The code is the same. But you will see in the video what the difference is.
A slight difference that took me a lot of time! :)
Plus, we improved the code to avoid the captcha update on Opensea.
Let me know if you have questions.
Cheers,
Petko A
Hey mate,
I am glad to hear that you liked the software we integrated into the Academy.
I got your point about everything and I agree with you.
However, what is my concern with your strategy is the Average position length = 1.
Does this mean that you are trading just one bar time? And actually, it equals the number of bars. This means that your strategy traded every single bar.
How did you come up with such strategies? :)
Petko A
Hey Rosa,
No such a thing with the courses. You can watch the lectures again and again for a lifetime.. :)
Hey Mark,
I will recheck that, now!
Glad to hear you found the best way for you to build the portfolio of EAs.
Keep me updated with your progress.
Hey traders,
I have uploaded the EAs for February.
Make sure to test them on a Demo account.
Let me know if you have any questions.
Cheers,
Petko AHey mate,
I did not have promising results when setting a direction.
That option is suitable for assets like Bitcoin, so when the market is clearly going up, we can trade EAs that are Only long.
But for the Forex, I would stick to EAs that trade both directions.
Regarding the backtest, you have missed something….can you attach screenshots from a strategy on EA Studio and a backtest on Metatrader with the same strategy.
I want to see the MT before you run the backtest, how you set it up.
Hello Katia,
EA Studio is not a robot. It is software that generates, analyses, and backtests robots.
Please, have a look at the free course so you can learn more about it:
https://eatradingacademy.com/courses/algorithmic-trading/online-trading-course-ea-studio-start-up/
Hey Matthew,
I got your point.
Such a function is not available on EA Studio yet.
However, you can always close the trades manually whenever you are happy with the profits. Or you can look for an additional script ot EA to close the trades in the account.
The strategies from EA Studio are individual(even we can put them in a portfolio). So each strategy does not ”care” about the total balance in the account.
Hey mate,
There are no apparent rules until the moment on cryptos in Bulgaria. And I am not a financial or tax adviser. So please, do not take it as a recommendation:
We should pay taxes on the profits we withdraw. For example, if you have bought Bitcoin at $20k and you sell it now, you have a profit, and we should pay taxes. However, if you bought at $60k and now you sell it at $43, you did not make profits, so even you withdraw it, you shouldn’t pay taxes.
At least, this is how I understand what I have read about it.
Cheers,
Happy New Year!!!
I wish you a great 2022, more profits, more pips, and more crypto in your wallets! :)
I have updated the monthly EAs, and I have uploaded them all.
Thank you for being my student!
Petko A
Hey Steve,
I got your point. Everything you said is correct, so the one thing I can do is to suggest that option to Forex Software and see if they will add it as an option.
Cheers,
Hey Peter,
you can build such an EA with FSB pro, not with EA Studio: