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Hi tremosor,
You can find guides from the developer on Youtube, as well as their website.
Petko has indicated that he will be developing a course for FSB Pro, but there is no confirmed timeline just yet, as he is currently updating all of his existing courses, as well as recording new crypto trading courses.
Cheers,
Ilan
Hi Asser,
If I understand your data above:
On D1, over the 4065 bars, or days, there is a TOTAL of 284 trades, which, as CuriousGeo says, is an average of 1 trade every 14 days.
Have you looked in the Journal, in Report to see the trades that were opened and closed in this period?
Ilan
Hi Tremosor,
You’d need to use Forex Strategy Builder Pro, the other, more advanced strategy building software from Forex Software, the guys who developed EA Studio. Or, get a developer to code it, or code it yourself if you’re able to.
Ilan
No problem. Living in South Africa, we often have rolling blackouts for months at a time, for up to 6 hours a day. I doubt this is an issue in Australia, but if you do find yourself in a situation where your internet goes down regularly, you could look at setting up a VPS, either with your broker, or a 3rd party VPS provider. Personally, I run my live platforms on my laptop, attached to a UPS, so when we have power failures, and I’m not home to turn on the generator, at least I have a few hours of battery life
Hey Scott,
Yes, there is. When you attach your EA to your chart, go to the middle tab: Common. You’ll see a drop down menu in the ‘Common’ box. where you can select if you want the EA to open only long, only short, or long and short positions.
Cheers,
Ilan
Hi Asser,
1. You are quite correct. Once the historical data has been loaded into EA Studio, everything else happens locally on your PC. No internet connection is required.
2. On MT4, once an EA opens a trade, based on the real-time price, the TP and SL are ‘saved’ with the broker, so if your internet connection goes down, or you have a power failure, the trade will stay open until the SL or TP are reached, however the indicator rules will not apply, and of course, no other trades will open or close. Remember, the EAs reside on your PC, not your broker’s server.
Hope this clears things up.
Ilan
Hey Nitox,
As a beginner, it certainly can seem overwhelming when starting out, but I assure you, if you just follow the steps we teach, you’ll be comfortable in no time. Just keep practicing on a demo account until you’re confident.
We have just launched a new course, which is aimed specifically at new traders with no experience.
As for your question about the ‘algorithms’, we update our EAs regularly, and as such, the latest EAs are always those that are performing best in current market conditions. It doesn’t mean you cannot continue to keep the older ones on a demo account and monitor their performance, but we update to ensure the currently best are available to our students – we do the work for you. But of course, you need to test them yourself, to ensure they work well with your broker. You will find the EAs attached a s a ZIP file to one of the lectures – the place is different on each course, based on the course structure.
And yes, it is possible to make money with a small account, but of course, it will be relative. The chances of you doubling your account monthly is unlikely. Not all strategies or EAs will be profitable all the time. That is why we test and trade with many, so when some become unprofitable, others that are profitable will compensate. My advice is, don’t rush it. Practice on a demo account for as long as you can, before risking your money.
Good luck, and if you have nay other questions, don’t hesitate to ask us.
All the best,
Ilan
Hi Samuel,
My understanding (and I’ll ask Petko to confirm) is that when we run the Generator and set the SL to trailing, the system will generate strategies using the best parameters for the trailing SL based on the historical data. So, if our strategy has a trailing SL of say 50 points, when you export it, the EA will have a trailing SL value of 50 points. But, if you then change it in the EA properties once it’s on the chart, to say, 30 points, the trailing SL will then be 30 points. So when a trade opens, the SL will be 30 points from the current price, and remain there, trailing 30 points from the price while the trade remains open.
I hope this makes sense.
Ilan
Hi Tremosor,
Have you checked that:
- The date range is the same? Data Horizon in EA Studio, and Date Filter n FX Blue.
- The Symbol Settings have been set according to those of the broker you are testing the EAs on?
- You are using the Historical Data from your broker?
Thanks,
Ilan
Hi Samual,
We set the trailing stop when generating the strategies, before we export them as EAs
Thanks,
Ilan
Hi Nish,
These EAs (100001, 100002, etc.) look like they’re part of a Portfolio EA. You’ll need to load the Portfolio EA into the Validator in EA Studio and use the Validator to remove any strategies you do not want, and keep those you do. Then, you could either download the EAs individually or create another Portfolio EA.
Have a look at this Forum post, where I explained it in more detail:
Thanks,
Ilan
Hi tremosor,
Yes, you are correct. A magic number gets generated when we export a strategy as an EA.
Your results in FX Blue will match your results in the Validator. What you can do, is instead of using FX Blue, simply use the Validator to check the performance by changing the dates in Data Horizon, and adding acceptance criteria and performance filters. You can then remove the EAs / Strategies not performing, and export those that are as new EAs with new magic numbers, either as individual EAs or as a portfolio EA, and attach it it / them to your chart/s.
Hope this helps,
Ilan