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Sand0rParticipant
Dear @alann-northamgmail-com,
thanks a lot for sharing this!
How much time and effort do you currently put in creating new EAs?
I am big fan of automating things and I am currently working on a script to download and attach the EAs to my MT5 accounts, also thinking about further automation like creating new EAs via EA Studio API.
If you are interested in a more detailed discussion, I would be very happy to hear from you! My mail address is
s4nd0r90 @ gmail.com
Looking forward to hearing from you!
Best,
Sandor
Sand0rParticipantHi Richard, Hi Alan,
thanks a lot for sharing your thoughts and strategies!
I have been using the Prop Firm Robots App for 3 months now. For the first 2 months I saw steady wins (of course with some losses in between) with around 3-5% of gain per month on medium risk. I used the top 3-5 weekly or monthly performers and switched them once a week.
I then switched my strategy, using the top 3-5 performers per week and changed them on a daily basis and that gave me a huge boots and I passed FTMO and 5%ers first phases in 2 weeks.
Unfortunately since 2-3 weeks nothing goes right. I almost lost my accounts and just saw losses with my strategy. I also created a couple of posts here, complaining about the overall performance – and so did others.
I am very aware about the fact that we are using bots based on historical data and that some strategies work better in some market phases and some work worse. Nevertheless I have the feeling that in the current market phases nothing worked for me.
Also one of the Admins (@marinski) posted a FX Blue link, showing the top 3 FX performers on a monthly basis and the resulsts were absolutly NOT convincing: https://www.fxblue.com/users/top3fxpairson1m
I am currently putting the risk down to 0.25% – 0.5% and trying to survive this phase, hoping for the bots to perform better in the future. Actually I am quiet coninced that the ideas in general work..
Best,
Sandor
Sand0rParticipantHey @marinski, the link you provided (https://www.fxblue.com/users/top3fxpairson1m) also shows a decline of -4% recently.
I still think there is something wrong with the recent config of the bots. Everything went really well for the past 3 months I have beeen using the app. No doubt, there are ups and downs in the market and the bots are performing better in some market situations and worse in others, but currently it seems to be an issue! Please make sure to fix it….
Sand0rParticipantHi @marinski, thanks for your quick response!
I am using the top 3-5 EAs based on the weekly performance and I am doing a daily replacing.
This is how I passed 2 first prop firm phases (FTMO & 5%ers), but now I am about to loose all my accounts.
Do you have any recommendation? Which EAs to select and how often to replace?
Sand0rParticipantHi Jia,
from your screenshot everything looks fine now!
The bots will open approx 1-2 trades per day, so please have a little patience… ;)
Best,
Sandor
Sand0rParticipantHi Jia,
the “hat” icon in the top right corner is not blue, which indicates that you probably need to enable algo trading first.
Go to Tools -> Options -> Expert Advisors -> “Allow Algorithmic Trading”
Furthermore when you add the EA to the chart, also set the flag “Allow Algo Trading” in the popup window.
Hope that helps!
Sand0rParticipantPlease retest the app again EA Trading Academy Team!
It seems like to have some major issues with the profitability of the bots since 2 weeks and a lot of people (referring to this forum and including my accounts) have issues…
Sand0rParticipantHi everyone,
I am using the prop firm robots app since more than 3 months.
My best aproach was to use the 3-5 best performing robots per Week (e.g. FX only) and exchange them on a daily basis if they had 2 consequtive losses.
This went really well for the past months and I also passed the first phases of prop firms (5%ers and FTMO).
Here’s the catch: Since 2 Weeks there are massive draw downs and no profits.. I am about the loose my accounts.
Is there anything broken with the app ?
Best,
Sandor
Sand0rParticipantSame here!
I am using the prop firm robots app since more than 3 months.
My best aproach was to use the 3-5 best performing robots per Week (e.g. FX only).
This went really well for a couple of months and I also passed the first phases of prop firms.
Here’s the catch: Since 2 Weeks there are massive draw downs and no profits..
Is there anything broken with the app ?
Best,
Sandor
Sand0rParticipantHi Martin,
I am using the prop firm robots app since more than 3 months.
My best aproach was to use the 3-5 best performing robots per Week (e.g. FX only).
This went really well for a couple of months and I also passed the first phases of prop firms.
Here’s the catch: Since 2 Weeks there are massive draw downs and almost no profits..
Is there anything broken with the app or just a bad month?
Best,
Sandor
Sand0rParticipantHi Pascal,
By Update we mean to Download the latest top robots from the App. You can either use Top 3-5 top robots from Last week, month or year. The robots Change once in a while. If your Portfolio goes well, you probably dont need to Change anything or Just do a weekly update. If you have Two or more consecutive losses a Day per robot, you should definitly Update again
Sand0rParticipant@Bob how often do you update the bots?
I recently switched to daily updates and got better results.
Sand0rParticipantHi Bob,
I have the same issue! On which criteria did you choose the bots (e.g. best 5 bots per month?).
I will continue with much less risk 0,5% or even 0,25%..
Best,
Sandor
Sand0rParticipantHi Bob,
I have the same issue! On which criteria did you choose the bots (e.g. best 5 bots per month?).
I will continue with much less risk 0,5% or even 0,25%..
Best,
Sandor
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