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Viewing 15 posts - 31 through 45 (of 109 total)
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  • in reply to: Prop Firm Robots: General questions #381198
    User AvatarMarin Stoyanov
    Keymaster

    The robots will close the trade either when they hit the TP, SL or they receive a signal from the indicators from the underlying strategy. In your case the last happened and that’s why the trade was closed.

    in reply to: Prop Firm Robots: Errors and Solutions #381193
    User AvatarMarin Stoyanov
    Keymaster

    @dominikdorner, the EAs from the app open trades at the opening of the M15 bar so you should use the Open Prices Only for the backtest. Also when you run the backtest, check how much bars the broker offers for the asset you’re backtesting. Another thing to double-check is that the account size you’re backetsting on is the same there robots are created for – for example if you downloaded EAs for a $100k account, you should backtest them on such account.

    in reply to: Prop Firm Robots: General questions #381185
    User AvatarMarin Stoyanov
    Keymaster

    Hi, you can see the last activity next to each post. We reply to all posts in the forum. If you publish in the relevant topic, your post will be replied much faster but if you just open a new topic it might take some time to reply as the correct support member must be assigned to this topic first. That’s why we recommend to use the present structure of the forum.

    in reply to: Prop Firm Robots: General questions #381182
    User AvatarMarin Stoyanov
    Keymaster

    You might need EA Studio for that to modify the strategy but the end result will be a completely different EA with a different performance.

    in reply to: Prop Firm Robots: Errors and Solutions #381121
    User AvatarMarin Stoyanov
    Keymaster

    @natedee you can’t expect equal trading in 2 different accounts, especially if one of them is demo and the other one is different (e.g. challenge). That’s because of the different quotes provided by every broker, and also they provide different quotes on demo and live accounts as well.

    The next thing you should consider and double-check is if the prop firm offers the same leverage for the assets you’re trading on your demo account. For example with BTCUSD, The5ers offers 1:2 leverage for the asset, FTMO offers 1:3 on the standard account and 1:3 on the swing account, FundedNext offers 1:1 leverage and etc. If your demo account is with some regulated broker, for example BlackBull offers 1:100 leverage for BTCUSD at the moment. So the leverage can affect the trading – with low leverage the BTCUSD can’t open trades because there is not enough margin.

    in reply to: Prop Firm Robots: General questions #380864
    User AvatarMarin Stoyanov
    Keymaster

    Hi, did you followed the instructions from the PDF? For the backtest you should use the Open Prices Only modeling as the EAs trade at the opening of the M15 bar. Also be sure that the EAs you’ve downloaded are backtested on the same account size they are preset for, e.g. if you download EAs for $100,000 account, you need to run the backtest on the very same account size.

    in reply to: Latest Updates: November 2024 #380479
    User AvatarMarin Stoyanov
    Keymaster

    Hey @Sand0r, nothing is changed in the strategy generation process – it’s the same as it was since the creating of the app. On our challenges page you can look at the accounts that have forex robots from the prop app, for example this one which is doing well lately.

    Can you share how do you select the robots which you trade with, do you replace them or not, if so how often and etc., just some more context to get a better understanding of your system.

    in reply to: Latest Updates: November 2024 #380473
    User AvatarMarin Stoyanov
    Keymaster

    Hey Cristian, the app comes with 2 EAs per pair. By default you see them both, but if you filter the best 1, you will see only the more profitable EA from each pair. With many prop firms having a rule against hedging or trading multiple robots from the same pair in  a single account this feature is useful to filter only one robot per pair.

    in reply to: Prop Firm Robots: Errors and Solutions #379788
    User AvatarMarin Stoyanov
    Keymaster

    Hello, combining such diverse assets like crypto, forex, gold, or silver presents several unique challenges due to their differences in market behavior, risk dynamics, and operational requirements. Assets like crypto (e.g., BTCUSD) are highly volatile, with frequent large price swings, while forex pairs (e.g., USDJPY) are typically more stable. Gold and silver have their own volatility patterns, often responding to economic events like interest rate announcements. This variability in volatility can cause uneven performance across the portfolio, making risk management more complex. High volatility assets can skew results, potentially leading to increased drawdowns or unexpected losses. Another issue is that Forex operates within established market hours, and commodities like gold and silver have their most active periods during the London and New York sessions. In contrast, crypto trades 24/7, including weekends, with distinct liquidity patterns. These differences in trading hours can affect execution quality and cause unexpected volatility, especially when moving between market close and open periods.

    From our experience with all the challenges where we participated, we never used such a diverse asset selection. We either stick to the forex pairs, or if we trade other assets as well we pick no more than 3 and use the same risk for each so we can identify which assets and EAs are performing well and which not.

    That being said, when market is in downtrend, there is not much you can do but wait for a better time.

    Hope this helps to evaluate the robots and your setup better.

    in reply to: Prop Firm Robots: Errors and Solutions #379146
    User AvatarMarin Stoyanov
    Keymaster

    Hello, “authorization failed” is not a problem related to the robot. Usually this message appears when you’re entering wrong login credentials for your account. Or if could be that some prop firms don’t allow trading with robots on a trial/demo account. Can you say if the second is the issue or not?

    in reply to: Prop Firm Robots: Errors and Solutions #379136
    User AvatarMarin Stoyanov
    Keymaster

    Please try to delete your browser cache and cookies and then try again. If problem persists, contact us here.

    in reply to: Prop Firm Robots: Settings and Inputs #379135
    User AvatarMarin Stoyanov
    Keymaster

    Hi, this is not a problem. It’s normal to be like this since the Drawdown shows the maximum drawdown experienced during the trading period, representing the peak-to-trough decline in account balance.

    The risk per trade has impact on the lots traded, respectively on the Stop Loss value. The higher the risk is (means you invest higher volume or more lots) the higher the potential loss can be but

    in reply to: Prop Firm Robots: General questions #379134
    User AvatarMarin Stoyanov
    Keymaster

    No, this doesn’t affect the performance. To show the indicators on the chart, you can enable (set to true) the setting for this from the expert properties.

    in reply to: Prop Firm Robots: General questions #379133
    User AvatarMarin Stoyanov
    Keymaster

    You can use custom settings, there is interface for that. Check this video where Petko showed how to use custom settings: https://youtu.be/fOwuGnuiBdU?si=SbcbUAFZBET7rina

    in reply to: Prop Firm Robots: General questions #379132
    User AvatarMarin Stoyanov
    Keymaster

    Hey, the EAs trade at the opening of the bar so you should use Open Prices only as the model for the backtest. There might be some slight differences between different brokers but in general it shouldn’t be something significant. We’re using these brokers’ historical data for the strategies development.

Viewing 15 posts - 31 through 45 (of 109 total)
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