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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
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
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
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?$6600Thank you for your quick response
Joseph
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
Hi Guys,
I am running Ftmo APP on a small challenge, but notice the EA has 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?
Hi Lee,
You posted a question on this forum on the23 oct 2023
“As I know prop firms have a max allocation? when passed and if i want to use this on the actual live account already using perceptrader on one funded account. But do these ftmo bots randomize the trades at all? i can see from broker to broker they are different but im not sure if it would be on same broker… ALSO MASSIVE THANKS as its performing very well! Just one certificate from last week”Just wondering if what was the challenge size, which EA was use and the set file used.
I am sure all of us would love to know,
Regards
Joe
Hi Alan,
My FTMO stop trading after it hit $6200 on a $6000 challenge.
How do I get the FTMO EA start trading again?
Here are the challenge requirements and settings on my FTMO App.
Account Challenge Size:$6000
Profit target 10%
Simulated Max Daily Loss:4%
Simulated Max Overall Loss:6%
Trading Level 1:100Ftmo setting set to:
Entry lot 0.19
Stop loss:50
Take Profit:95
Minimum equity: 5646
Maximum Equity: 6750Regards
Joe
Hi Alan and Guys,
I am trying to enter .Pi or .p symbol in the ftmo app setting area.
Does anyone know where I can find it?
Regards
Joseph
Hi Alan and Guys
I am doing another small challenge testing FTMO APP.
What is the formula to setting FTMO app?
Account size: $6000
Target: 10%
Max Daily Loss 4%
Max Overall Loss:6%
Trading leverage 1:100
Appreciate your support guys
Hi Guys
Is support still available for FTMO App 6 month update?
Does FTMO app work on another trading platform other than MT 4 or MT5?
FTMO is moving towards DXtrade!
Your advised is appreciated.
Joe
Hi Guys,
I was wondering whether a $500 live account can be traded with FTMO APP and turn over the to $1000 in a few months.
Regards
Joe
Hi Alan
What kind of adjustment do I need to make to the EA to meet the FX2 requirements?
If you have a sample image of the set file adjustment that would be fantastic.
Thank You Alan for your valuable advice.
Hi Guys
I about to start my FX2 $10000 challenge. My main concern is the draw downs and meeting this challenge.
FX2
$10,000
Profit Target
$1,000
Daily Loss Max
4%
Trailing Drawdown*
6%Q) Will the $10,000 FTMO app set file meet this challenge?
Q) What is a Trailing drawdown?
Thanks for the advice in advance.