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Viewing 15 posts - 1 through 15 (of 26 total)
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  • in reply to: Prop Firm Robots: General questions #432383
    User AvatarJoseph Yong
    Participant

    Hi  Marin,

    “For example, if you trade 3 EAS with mid risk (1%), you will be risking 3% from the initial account balance as this is the value which you set when exporting the EAs from the app.”

    I hope you’re doing well. I have a question regarding the Prop Firm Robot. I am running three of the top Prop Firm Robot EAs from EA Trading Academy on a low-risk setting of 1%, but I’ve noticed that the overall risk appears to be around 3%.

    My understanding was that the Prop Firm Robot was designed to run 3 to 5 favorite EAs, and that the total risk across all of them should not exceed 1%, not 3% or 5%. Can you please confirm if this is correct? Additionally, was this risk distribution clearly mentioned in the Terms & Conditions of the EA?

    I’d appreciate your clarification on this matter.

     

     

    in reply to: Prop Firm Robots: Access Issues & Assistance #425695
    User AvatarJoseph Yong
    Participant

    All Good Thanks Support I have access now

    in reply to: Prop Firm Robots: Access Issues & Assistance #425694
    User AvatarJoseph Yong
    Participant

    All Good Thanks Support I have access now

    in reply to: Prop Firm Robots: Access Issues & Assistance #425609
    User AvatarJoseph Yong
    Participant

    Hi Support

    I was about to access my new Prop Firm App for a $10K challenge but I only got this Error message

    Risk Disclaimer
    The Prop Firm Robots by Forex Academy is provided for informational and educational purposes only and is not intended to serve as financial advice. This application is designed to assist users in creating trading robots, but it does not guarantee any specific trading outcomes or profitability.

    Trading in financial markets involves significant risk. The use of trading robots can result in substantial losses, and users should be aware that past performance of any trading system or methodology is not necessarily indicative of future results.

    Before using the Prop Firm Robots, consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment. Therefore, you should not invest money that you cannot afford to lose. Forex Academy is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of or reliance on information provided by the application.

    By using the Prop Firm Robots, you acknowledge and agree that all trading decisions are made at your own discretion and risk. Forex Academy will not be liable for any decisions made or actions taken in reliance upon the information provided in the application. It is recommended that users seek advice from an independent financial advisor if they have any doubts or questions.

    Copyright © 2025 Forex Academy All Rights Reserved.

    in reply to: Prop Firm Robots: General questions #385486
    User AvatarJoseph Yong
    Participant

    Hi everyone,

    I wanted to share some insights based on my own testing of the Top 5 EA from The Prop Firm Bot, which I’ve been using on over 25 FTMO trial accounts with varying balances: 10K, 25K, 50K, and 100K.

    I used the default settings for these trials, and what I’ve found is that as the account size increases, the Bot tends to hit the equity protection levels, particularly on the higher-tier accounts (50K and 100K). This is where the issue arises—there seems to be no recovery mechanism that I know of once this equity protection is triggered, and the trades are closed.

    Unfortunately, despite reaching out to EA Trading Academy Support, I have not received any solutions or feedback. It has been over 2 months since I first contacted them, and still, no response. I’m beginning to wonder if this issue is something that others are experiencing as well.

    If anyone has found a workaround or received any helpful updates from support, I’d love to hear your thoughts!

    Thanks for reading!

    in reply to: Prop Firm Robots: General questions #382959
    User AvatarJoseph Yong
    Participant

     

    Hey everyone,

    I’ve been testing a Prop Firm BOT on FTMO demo challenges, and I keep running into the same issue: the bot consistently fails to trail itself out and hit the profit target.

    It seems to handle some trades well but struggles with maintaining momentum toward the profit goal without overstepping the max loss or daily drawdown limits. I’ve tried tweaking the risk settings, modifying the strategy slightly, and even optimizing for different market conditions, but I’m still not getting consistent results.

    So here’s the most important question: How do you configure or adjust a Prop Firm BOT to effectively trail its way to the profit target while staying within the rules?

    I’d really appreciate any advice, insights, or specific setups that have worked for others in a similar situation. Thanks in advance for sharing your expertise!

    Looking forward to hearing your thoughts!

    Regards

    Joe

     

    in reply to: Prop Firm Robots: Settings and Inputs #313078
    User AvatarJoseph Yong
    Participant

    Hi  Guys/Support,

    I am about to use Prop Firm robot on a  6K or a 10K challenge with funded Next. These are the requirements of this challenge. Can someone please advise me on how to change the setting to meet these requirements?

    Account Balance: $6,000 Stellar 2 phase challenge

    Profit Targets:
    Phase 1: 8%
    Phase 2: 5%
    Max Daily Loss: 5%
    Max Overall Loss: 10%
    Account Balance: $6000  Stellar 1 Phase challenge
    Profit Target: 10%
    Maximum Daily Loss: 3% ($180)
    Maximum Overall Loss: 6% ($360)
    Minimum Trading Days: 5
    Account Balance: $10,000( Stellar lite)

    Profit Targets:
    Phase 1: 8%
    Phase 2: 4%
    Max Daily Loss: 4% ($400)
    Max Overall Loss: 8% ($800)
    Balance Based Drawdown
    Minimum Trading Days: 5

    Thanks in advance.

    in reply to: 21 Day Program: Properties & Settings #268815
    User AvatarJoseph Yong
    Participant

    Hi  Guys

    Just wondering if it’s possible to use EA studio to improve another EA’s feature to make it more effective.

    Appreciate any constructive inputs

    Joeforex

     

    User AvatarJoseph Yong
    Participant

    Hi  Guys,

    I am coming across a “consistency rules” on a few challenges now.

    How do we use the EA to overcome this issue?

    Appreciate your advice!

    Joseph

     

    User AvatarJoseph Yong
    Participant

    Hi Guys,

    My small turbo challenge just got knock out by The Funded Engineer not because of the FTMO EA but I think this Prop firm is not dishonest.I have  checked my  dasboard and I didn’t break any rules of their rules . So stay away from this prop firm.

    Hello Joseph ,

    I hope this message finds you well.

    Thank you for reaching us out via email, As per checking you are trading during market rollover, during this time spreads and slippage tends to widen unpredictably.

    Price didn’t need to close down your allowed Max Daily / Daily drawdown for account to be breach as soon as price hit your allowed max equity drawdown then the account will be breached.

    If you are wondering why your dashboard show a value above the allowed loss limit that is because at some point your account went below the allowed equity limit then got breach after that price went in your favor and got close above it.

    It’s designed that way otherwise people would continue to hold to a losing trade until it becomes positive if this is not the case.

    Should you have other questions and query, please feel free to contact us via live chat available in the website.

    Best regards,

    Funded Engineer Team

    in reply to: Prop Firm Robots: General questions #242571
    User AvatarJoseph Yong
    Participant

    HI Alan,

    This is some images from my trading account. As you can see from the image trading stopped on the 05/03/2024. No new trade has been taken by the FTMO APP.

    As you can see Alan no trades have been taken.

    Do you have any solution to resolve this issue?

    Thanks in advance

    Joseph

     

    in reply to: Prop Firm Robots: General questions #242489
    User AvatarJoseph Yong
    Participant

    Hi Alan

    This is your current data requested.

    What was the beginning account balance?$6000
    What is the daily loss limit?$240/4%
    What is maximum loss limit?$5640
    What is price target?$6600

    Thank you for your quick response

    Joseph

     

    in reply to: Prop Firm Robots: General questions #242382
    User AvatarJoseph Yong
    Participant

    Hi Alan,

    How do I change the setting to keep the EA trading to reach my profit target $6,650 without losing the Equity produced?

    I need your help to get 3 set file from a youtube video produced by Petko on Percept trader to:

    Perceptrader AI verified MyFxBook records:

    https://www.myfxbook.com/members/Misc…

    https://www.myfxbook.com/members/Misc…

    https://www.myfxbook.com/members/Misc…

    Hope you can help me out as well

    Thank you again.

    Joseph

     

     

    in reply to: Prop Firm Robots: General questions #242173
    User AvatarJoseph Yong
    Participant

    Hi  Guys,

    I am running Ftmo APP on a small challenge, but notice the EA has stopped trading.

    ftmoapp stopped trading

    It says that the EA is turned off but the EA is on, but trading has stopped since 05/03/2024.

    Has the Prop turned off my EA?

    Any advice?

    in reply to: Prop Firm Robots: General questions #241784
    User AvatarJoseph Yong
    Participant

    Hi Alan,

    The currency was US$

    Thanks for the quick reply

    Joseph

Viewing 15 posts - 1 through 15 (of 26 total)
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