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Sand0rParticipant
@riduwaan which robots and which strategies did you use passing the challenges?
Sand0rParticipantHi everyone,
some update from my accounts:
1. Personal Roboforex Cent Account: Stopped (as described before).
2. Personal Roboforex Cent Account: The past week went well and I recovered some losses. Currently -3% in loss, but some floating profits. It will probably recover in the next weeks.
3. Personal BlackBull Account: Did some wrong config, went down -10%, got “fear” and stopped it :D
4. FTMO 10k Account: Currently 1,73% in profit, floating profits are waiting
5. 5%ers 5k challenge: Currently 5,6% in profit, floating profits are waiting
6. FundedNext 6k challenge: Currently 1% in profit, floating profits are waiting.
7. Personal Roboforex Demo Account (for testing bots): 10k with 2% in profit.
Hope this helps you to reach your goals as well! I will keep this post updated :)
Sand0rParticipantHi Stan,
you should change the following settings:
– Magic Number (please invent a new one)
– Take Profit & Stop Loss by 1-2 Pips
– Lots
If you close a trade manually from time to time, you should be fine.
Best,
Sandor
Sand0rParticipantYes, you can do so!
Sand0rParticipantHi Valentina,
You are very welcome.
Just to bei transparent Here: I did not pass the challenges yet, I am still in an experimential mode :D
My strategy: Trading 3-5 of the top Bots with Low risk settings.
Further steps:
– Select filter that fits to your challenge and start with 5 years.
– Write down the Bots that have a stable Chart (going straight Up, with Not so many down or sideways trend) starting by the First one.
– select the 1 year Filter and Note down the top Bots as described before
– select the 1 month Filter and do the Same
– Now check, which Bots appear in 5 years, 1 year and One month and select the top 3-5.
-I think it’s Important to mention that especially the 1 month Filter ist very relevant (you could leave Out the First stept with 5 years, I Just wanted to be Sure to have Bots that are Short and Long term very good)
As mentioned I filtered the following bot:
USDJPY M15 #1866099885, XAGUSD M15 #1376098563 and XAUUSD M15 #971234014 and ETHUSD M15 #2077851698
Of course there is No guarantee that they will continue to perform good, but the chances are high :) and remember: there are ups and Downs, but at the end of a week or moth you should BE in profit
Sand0rParticipantHi everyone,
I am happy to share my recent results. Some of them are on a good way, with others I wasn’t very happy (might be due to market conditions). I have the following accounts running:
1. Personal Roboforex Cent Account: I went in with top 5 Robots from the app with high risk – without taking a look into the charts – just trusting the top 5 from the last week :D Probably a classical newbe behaviour. The account went 10% down and i stopped it.
2. Personal Roboforex Cent Account: I did some research and went in with top 5 Robots from 1 week and 1 month with low risk. Everyhing went fine for 1 week, I did more than 2% profit. I raised the risk the week after and went down 4%. I adjusted the strategy the week after, taking top 3 from 5 years, 1 year and 1 month with the for me best looking charts (USDJPY M15 #1866099885, XAGUSD M15 #1376098563 and XAUUSD M15 #971234014). This broker doesn’t have crypto trading.
3. Personal BlackBull Account: I took the top 5 from 1 week and 1 moth without considering the charts (I started it the same time as 2.). I went down 2%. Now adjusting to the same strategy as my second account, taking the top 4 robots from 5 years, 1 year and 1 month with stable looking charts (USDJPY M15 #1866099885, XAGUSD M15 #1376098563 and XAUUSD M15 #971234014, ETHUSD M15 #2077851698). I am currently even with this account (+ – 0%).
4. FTMO 10k Account: Started with top 5 robots on weekly basis for the app. Everything went fine so far, with a bit ups and downs. I adjusted to the same strategy as 2./3, taking the top 4 robots from the past 5 years, 1 year and 1 moth. I will adjust it every 2-4 weeks. I changed the robots settings and changed slightly the start and stop signals for 1-2 pips to avoid “copy trading”. From time to time I close the trades manually (before hitting stop loss or take profit) for the same reason. Started 29.09.2024, Currently 1,3% in profit.
5. 5%ers 5k challenge. Started with top 5 robots on weekly basis for the app. Everything went fine so far, with a bit ups and downs. I adjusted to the same strategy as 2./3, taking the top 4 robots from the past 5 years, 1 year and 1 moth. I will adjust it every 2-4 weeks. I changed the robots settings and changed slightly the start and stop signals for 1-2 pips to avoid “copy trading”. From time to time I close the trades manually (before hitting stop loss or take profit) for the same reason. Started 22.09.2024, currently 4% in profit.
6. FundedNext 6k challenge: Started with top 5 robots on weekly basis for the app. Everything went fine so far, with a bit ups and downs. I adjusted to the same strategy as 2./3, taking the top 4 robots from the past 5 years, 1 year and 1 moth. I will adjust it every 2-4 weeks. I changed the robots settings and changed slightly the start and stop signals for 1-2 pips to avoid “copy trading”. From time to time I close the trades manually (before hitting stop loss or take profit) for the same reason. Started 06.10.2024, currently -0,1% in loss.
Hope this helps you to reach your goals as well! I will keep this post updated :)
Sand0rParticipantHi Richard,
The Parameters from the Bots are Back and fronttested and therefore make quiet Sense ;)
I know that sometimes If feels Like the trade would Not Work Out, but please remember that we are working with statistics here. with a Risk to reward Ratio of 1:2 you only need to win 40%.
So If you have a 10k Account and your bot ist Set to medium Risk, you max loose 1% (or 100$) when the trade does Not work in your favour. But you Always win 200$ when the Trades Work Out…
If you really want to Close Trades earlier you can do one of the following:
1. Set Stop loss in the settings to less pips (i would recommend to keep at least a Risk to reward ratio of 1:1.5)
2. Close Trades manually in Meta Trader If you habe the Feeling that they Go into the wrong direction.
Hope that helps!!
Sand0rParticipantYou will need to install to Versions of Meta Trader (in different Locations), then you can Open Meta Trader twice and trade two Times the Same Symbol with different bots
Sand0rParticipantThe BTC/USD Bot Just took 4 Trades in the past month, but all of them were a win. I absolutely prefer less Trades with a Higher win rate :) Just Imagine you would have a 10k account, with 4 Trades in the past month and a Risk to reward Ratio of 1:2, while risking 1%, you would have earned 8% or 800$ in one month!!
Sand0rParticipantHi Frank,
There is unfortunately no Install Guide included. You Receive the mql source code of the Robot in the ZIP (either for MT4 or MT5).
You will have to Download and install Meta Trader 5 and Open the source Code in the Meta Editor. Then compile it and add it to a Chart in MT5.
A more detailled approach is in this Video (from Minute 8): https://youtu.be/G5nQMVWxpQU?si=nK9b3IVkKljwL3Lq
Hope that helps!
Sand0rParticipantYou will get everything, the source Code and the executables.
You can use Chat gpt tobget a better understanding of the logic :)
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