[Richard Lawrie]

Good day Alan

Thank you for the feedback.
Much appreciated.

So I am using a combination of the top performing Prop firm EA’s which I have selected based on monthly, yearly and 5 year cross checks. I have specific criteria that I am looking for when selecting the EA’s I am using. I am also using some of the Top 10 USDJPY robots and XAUUSD robots with a similar selection criteria to the Prop robots. So ultimately I am trading the Prop EA and Top 10 Robots App on 1 Eightcap Standard account. This Eightcap standard Demo is my Master account and I am using Social Trader Tools to copy to 2 x Darwinex Zero accounts at the moment.

Some of the Top 10 robots I am using actually look much better than the Prop EA’s I am using but they don’t seem to be performing as well as they indicate. I am using a fairly large number of robots on the account. The bot’s have been setup for 0.25% risk and not 0.5 % or 1% risk. This is so the robots can hedge one another and that will hopefully mean that the drawdown limits will be kept low. This has been the case, the drawdown has been nice and low but the robots have really not been performing well and the account balance has been dropping conistently over the last 3 weeks.

This is why I am reaching out though. To get some guidance and to hopefully see what is/isn’t working for others.

Are you only using the Prop Robots and not the Top 10 robots. Based on the results on the EA Trading academy website it also looks like the Top 10 EA’s are performing very well and this is also why I have included them in the master account.

Hope this all makes sense.

[Richard Lawrie]

I think we deserve to see some testimonials from actual EA Trading academy customers instead of only seeing video’s of Petko passing.

I have spent a large amount of money and an even larger amount of my time (which is far more valuable than money) with EA Trading academy. I would prefer to know if I am wasting my time on all of this so I can move onto something bigger and better.

I do feel it is the responsibility of the support team to answer these kinds of questions and give some guidance as we are their customers.

Perhaps a live stream with Petko & support is a good option so we can ask relevant questions etc.

 

[Richard Lawrie]

Good day EA Trading academy

I have been using the Prop firm robots & the USDJPY & XAUUSD Top 10 robots app for a couple of months now.
I must say that I have not been impressed with the overall performance and that the performance does not align with what is being showcased on the website. I do understand that the Set files posted in the Prop app and the Top 10 App are merely backtests and these do not gaurentee future success but I have also taken into my own hands to actually backtest the sets I am using on my Eightcap Standard account. Eightcap has great spreads and is one of the industry leading brokers. The backtest results come out very different compared to what is being posted on your website. I am using all of the correct settings for the backtesting i.e. 15 min timeframe, open prices only and I back test for the same periods i.e. 1 month, 1 year, 5 years and the results still come out very different.

I would just like to know if anyone (Besides Petko) has had any success with the Prop Robots or Top 10 robots. Has anyone been seeing consistent profits and growth, has anyone actually passed phases of prop challenges and gotten funded with some payouts? I have been part of EA Trading academy for more than 1 year and I am yet to see this from anyone else besides Petko.

A detailed response and some advice/guidance would be a greatly appreciated.

Thank you

[Richard Lawrie]

It would be really great if the bots that do get removed go to another page of some sorts where we can still track them. The Robots are being changed frequently based on market conditions. I have robots that I am still running on my portfolio that have not been on the app for a few weeks already and they have still been performing well.

[Richard Lawrie]

Good day

 

I just have a question with regards to the Prop robots.

 

Some of the TP & SL are very large. I just want to know if there is a feature in the settings within the robots to close positions early in case of losses & a feature to close positions in profits when there are certain parameters that may signal a reversal in the specific trade.

 

I hope this makes sense.

 

Thank you

[Richard Lawrie]

I also have both BTC robots on my MT5. I think it only takes very high probability trades though. It does not trade frequently so perhaps it has not taken trades because the market has not produced the criteria for the robot to trade.

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