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Miroslav PopovParticipant
Hello Heinz and Rainer,
The FTMO Robot turns off because it activates the “Minimum equity” protection.
The FTMO Robot includes three kinds of protections: Daily loss, Minimum equity, and Maximum equity. The protection corresponds to the Prop Challenge requirements. We also set some amount for additional protection.
– Maximum daily loss (currency) – it checks the equity drawdown for the last 24 hours. It is usually 5%.
– for a $100000 account: 5% is $5000. We use a $100 additional margin, so we set it at $4900.
– for a $80000 account, the amount should be $3900. The actual currency does not matter.– Minimum equity (currency). It is usually 10% of the account (but also varies)
– for a $100000 account: 10% is $10000. We use a $100 additional margin, so we set it at $90100.
– for a $80000 account, the value should be $72100.– Maximum equity (currency). It is usually 10% of the account for Step 1 and 5% for Step 2. It also varies.
– for a $100000 account, we set it to $110050. Here, we use only a $50 margin to close as soon as possible.
– for a $80000 account, the value should be $88050.You can also reduce the entry lots a little for a lower account to be in the margin of the chosen risk.
Here is an example of protection settings for a $80000 account. The Account currency does not matter.
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