[Ilan Vardy]

Hi Mark,

 

If you look at the robots in the app and switch to the 1-week results, you’ll see that all the EAs open between 1 and 4 trades per week. So, the EAs are not very active but rather wait for the exact market conditions where all of the entry conditions are met for the highest chances of success.

The Dark Gold and Dark Rea are very different EAs and use different indicators and values. It’s a grid EA, so they will, by their nature, open more trades.

Judging an EA by the number of trades it opens or how active it is is not an accurate assessment.

Thanks,
Ilan

[Ilan Vardy]

Hi Ben10power,

Correct, with 3 EAs each risking 1% per trade, you will be risking 3% in total if they all trade at the same time. So if all 3 hit SL, you could breach a 3% DD account; however, you can also set account protections like max. daily loss, which could be set lower than -3%, and close all trades if the account gets close to that. This is also applicable if you are running more EAs, as you asked in the next paragraph. It’s unlikely that all the EAs will open trades simultaneously because they use different indicators and parameters.
Many prop firms allow hedging within a single account, but if multiple EAs create opposing positions simultaneously, it could still be seen as hedging behavior, especially if they’re not netting the positions properly. To avoid violations, you’d need to either limit each account to only one EA per pair or ensure the EAs’ logic avoids opposite entries on the same sy
We’ve never had this issue come up for us when trading with prop firms, though, but of course you should check with your prop firm if they do restrict hedging. I would even advise considering a prop firm that does allow both buy and sell positions at the same time.

 

[Ilan Vardy]

Hey Ben10power,

I can’t say for sure which is the best practice, because the market generally determines this. However, the system that Petko implemented recently worked well. I’ll address your questions individually.

1. Not the top 5 but all of the EAs in the app, and all time. Download them and run them in a demo account.
2. Yes, but you’re looking for the best-performing currency or symbol, not strategy. Use the Symbols tab in FX Blue for this.
3. What Petko does is trade all of the EAs for the best-performing asset from the preceding week. So, you’re only trading one asset per week.
4. Again, not the strategy, but the asset. You’ll simply repeat the process and check which asset is performing best in the demo account. That’s the one you’ll trade the following week in your challenge account.

For the funded account, you’ll need to experiment a little. Again, use a demo account. You can either simply continue doing in the funded account what you were doing in the challenges with the assets. If it works, why stop? You can also try top 3 EAs, or top 1 of each asset. Anything, really. But again, please test any new idea on a demo account.

Also, please ensure you have set up the app correctly before downloading the EAs. I mean the account or challenge size, risk per trade, DD levels, account protections, etc.

In terms of the fortnightly suggestion, I do understand your point, but the app is already so jam-packed with features that adding yet another timeframe might be a bit much. Having said that, it is really easy to see the performance of any EA across any time period you choose. Simply use EA Studio for this. You can use the strategy tab for this or the Validator.You’ll go to Data -> Data Horizon and set your date range. Then, go to Strategy and select “Import an expert advisor back”. You’ll select the EA you’ve downloaded from the app and see it’s performance over the date range you selected. In addition, yu can see many other stats. You don’t need a license for this. You only need a license to download the EAs, but because you have the Prop Firm Robots app, you’ve already downloaded it.

I hope this all makes sense.

Thanks,
Ilan

[Ilan Vardy]

Hi Ben10power,

The servers generating the strategies run 24 hours a day, and any strategies that pass the criteria are added to a collection. On Saturdays, all of the EAs in the huge collections are tested against the historical data from the brokers, and the best are uploaded or kept in the app. But once they’re in the app, they’re tested every 30 minutes against the historical data and arranged in the app according to the metric you have selected.

Cheers,
Ilan

[Ilan Vardy]

Hi Ben10power

You can only place one EA per chart. So, all you need to do is open a second chart for the same asset and time frame. Simply right-click over the asset in the Market Watch, and select “open chart.” Once you have the second chart open, you can attach the EA as per usual. You can repeat this process as many times as you like.

Please let me know if this is clear or you need further assistance.

Cheers,
Ilan

[Ilan Vardy]

Hi Guenther,

Those are great results. Well done. However, it’s important to note that the results on the platform probably don’t match your Darwin exactly. Check on the Darwinex portal what your current risk is set at and what your rating is. While  you are profitable, there are also losses in the account, which can lower your rating below the required 75 for allocation.

Cheers,
Ilan

[Ilan Vardy]

​In the Waka Waka EA, when a currency pair’s indicator turns red, it could be something that has changed on the broker’s or platform’s end. That’s usually why removing and reattaching it resolves the issue

[Ilan Vardy]

Hi Rimantas,

 

The EAs are attached as a resource file to lecture 20.

Thanks,
Ilan

[Ilan Vardy]

Hi Valentina,

 

I get your point, but the whole idea behind the app is to have the best EAs, without having hundreds running on demo accounts. To eliminate demo trading.

The EAs don’t disappear. They are still in our collections, and they are validated against historical data – the last 5 years – every Saturday. So, the best EAs/strategies are always in the app. That’s why you might see an EA that was created 80 or 90 days ago, and added 18 days ago for example.

Thanks,
Ilan

[Ilan Vardy]

Hey Marco,

Check the Minimum Equity settings in the EA inputs. The value needs to be less than your account balance. This is a protection setting. Once you hit the pre-defined minimum equity, the EA turns off to protect your account.

Thanks,
Ilan

[Ilan Vardy]

This is great, Jojo

[Ilan Vardy]

Hi Sagar,

There is only one link to the app – the one you’re using. If you are using the app, you are using the latest version. It’s an online app.

But, if you want to see the version of your EA, once downloaded, open the file in MetaEditor or Notepad, and you’ll see the version number there.

Ilan

[Ilan Vardy]

Hi Boyan,

The daily reset time will be according to the prop firm/broker’s server time.

Thanks,
Ilan

[Ilan Vardy]

Hey Sagar,

 

You won’t see the version of the EA when you download it. You’ll see the info on the chart when you attach it.
If your broker uses a suffix, don’t worry. Use the EA as it is. The suffix doesn’t affect the functionality in any way.

 

Thanks,

Ilan

[Ilan Vardy]

The process is as follows:
The Express Generator runs 24 hours a day, creating EAs based on certain criteria. Every Saturday, the Collections – old and new are analyzed and the best strategies are added to the app. The older strategies don’t disappear or get deleted, they’re kept and analysed weekly. Should one of the older strategies perform best on the backtest in that week, in relation to the others, it will be re-added.

But, if you’ve downloaded the ‘old’ robots, and you have them trading on a another account – demo or otherwise – you still have access to them and can use them at any time.

Thanks,

Ilan

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