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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.
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.
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.
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?
Please try to delete your browser cache and cookies and then try again. If problem persists, contact us here.
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
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.
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
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.
You can read the documentation about this metric here.
Or take a look at this blog post where Petko explained the Out-of-Sample in EA Studio. The logic is the same here in the app.
Hi Ilja, we are already working on this and from the beginning of 2025 there will be an Academy VIP club. This will be a paid service and in addition to the regular discussions about trading strategies and etc. users will be able to access our know-how about managing our high-tiered accounts, to have direct communication channel with Petko and the other traders and many more features that we will announce in December. We will notify our users via email once the VIP club is accessible.
Hi traders, I’m posting an update on my journey.
At the end of October I decided to request a payout even I was below the $7.5k initial account balance. As I explained before, I accumulated almost $430 in the previous 3 stages but since my balance was below the starting balance for the $7.5k account, I was not able to withdraw the full amount but I decided that it’s better to withdraw some cash instead of waiting to recover the account and possibly lose it completely. So I’m happy to say that I withdrew almost $230. The initial investment for the challenge was $29 and it took me 3-4 months make my first income. I continue to trade the account and balance is still below the starting balance so I will try to recover it using my system which I explained above and at that point I plan to trade fully automatically for some time, using either a few EAs with higher risk or a lot of EAs with medium-to-low risk so I can cover more pairs and balance the exposure. I haven’t decided on this yet, but my end goal is to fully automate my trading and not bother with this account daily. Also, I’m running some tests on demo accounts where I try to find different combinations and replace the EAs weekly and I hope that I will be able to find a working formula for me. I will keep you posted on this.
If you wish to use the news filter, in your MetaTrader platform, select Tools -> Options. Navigate to the Expert Advisors tab. Select the check box: Allow WebRequests for listed URL. Add the following URL: https://forexsb.com. Click OK.
Check this detailed guide for more info on the different settings: https://eatradingacademy.com/prop-firm-robots-app-complete-guide/
Hey @Giaani77, you should have access now. Please log into your account and go to Courses and you should be able to see the course there. There was some issue that is fixed and you won’t have similar problems in the future.
Hello @pengium, your email appears in a anti-spam blacklist of your anti-spam service provider (this doesn’t necessary meant that is a spam email, it could be that someone reported it like this). I removed it manually. Please try again and if problem persist you would need to use another email to enroll in the program.