Forum Replies Created
-
Posts
-
Hey Petko,
Great results but they will definitely pick up on the inconsistency in trade size in a real challenge account and not accept it.
Variance is fine but a clear large lot size combined with small number of trades and then considerable reduction just to maintain activity would not work in passing the real challenge.
I am sure they mention this in the finer detail of their print. It could well pass the free trail challenge but not the actual challenge which will be reviewed at the end for these things.
Hi Waldemar,
You cannot do this in EA studio but FSBPro has this ability.
A recent update allows quick and easy importing of EA studio EAs into FSBpro so checking it this way would allow you to do this.
This would require purchasing the optimal pack rather than just the EA studio only pack, which is very worth it in my opinion.
For anyone reading this, Tanya has given a really great summary with her notes and understanding btw
To add to this and also for Tanya especially.
1. Keep doing what you are doing and keep things simple
2. Don’t risk real money until you are getting stable results for sufficient time and then start small only (like a 1000 dollar account maximum)
3. Practice good risk management (hugely important)
4. Remember that even the best systems and strategies have drawdowns, this is inevitable. Sometimes even for a month or two
You sound well on your way Tanya but don’t rush (Remember that Patience is key 😉 and persistence. Keep improving, deepening your understanding and slowly scaling up your risk (absolute not %) along with your experience.
Hi Waldemar,
When you export a portfolio expert advisor there will be a single EA that runs on one chart but trades many strategies.
Glad you are liking EA studio, you are correct that it is an amazing tool 🙂
It actually sounds like you are following the Plan really well Tanya 😉
I am super pleased to hear your deepening understanding and experience, you are doing things right.
I know we covered it but we of course covered a massive amount of information and I can see you are definitely really getting it now by what you have written! And as I say, this is actually fast comprehension 😉
Stick with what you are doing and keep things simple. And yes when moving EAs I have found that giving things things time under real trading conditions (I.e. demo account) is important which makes sense for several reasons.
Also stay diversified but it’s great that you are getting good results with those two pairs.
Also remember to hold on to those good robots that have stood the test of time on the real markets.
Hi Alan,
Well done that’s looking much better now.
I wouldn’t be concerned with the equity curve looking a little different, your profit and profit factor look close for real vs backtesting results and I’d be more concerned with checking the time of the trades and total count etc which I expect you will have done if you followed my video?
looks like a sufficient comparison to me
Hi Gerhard,
That is strange. I don’t use mt5 much but presumably you have your auto trading activated?
If it’s not making trades then keep an eye on the error messages in the expert tab to find out why?
There will be a reason why it’s not making trades, but only apply it to the timeframe and symbol it was developed on.
changing the timeframe and symbol will not resolve the issue of it not trading. Showing some screenshots might help
Hi Tanya,
Well done for your perseverance. I am very happy to hear that your results are improving so much!!
Believe it or not if you are starting to get consistent results already then you are moving fast 🙂
I do remember trying to impress that it is best to wait a minimum of two months really before moving your EAs (Id say ideally three minimum even), but we did cover a lot and it is SUPER hard to be patient as a new trader 😉
Keep doing what you are doing, and remember to set another incubator account running every few months so if you start not having enough EAs passing your selection criteria you have a fresh account as back up with sufficient demo trading history.
As long as the incubator account has sufficient EAs that have performed well on real market conditions though and your strategy moving system is working (keep it simple!), then keep doing what you are doing.
Perseverance is absolutely critical for trading! I’ve had many moments of similar dispair in my journey also
Keep working at it and you will improve and get more consistent and your understanding of what works and what doesn’t and why will deepen.
This is truly fantastic software and a hugely exciting development. Express-gen has become my primary strategy generation tool personally (I believe I was the first user of the initial beta version so have been playing with it for a while now) and Popov is developing and improving this tool fast.
Saves me a lot of time and effort, definitely useful for people who have been using EA studio for a while.
I’ll make doubly clear that isn’t a stand alone product, it is a supplementary product that requires either EA studio or FSBPro, but it is a hugely beneficial and time saving addition.
Hi Gerhard,
I haven’t don’t this course but this EA will have been specifically developed for this pair and timeframe.
That doesn’t mean of course that it wouldn’t work on other pairs and timeframes but that would require thorough backtesting.
I would recommend using it only on the symbol and timeframe it was developed for and starting on demo account of course.
Hi Gerhard,
Things look loaded correctly to me. Can you be clearer with your concern please?
Also it looks like you are trading live? Is this correct?
This would not be advised if it is your first time trading these robots so I give the -live server does not mean real money
Also I agree with your choice of MFF, I also have an account with them. FTMO is better for getting started as there is no free trail account with MFF. But the targets are a little easier to pass and also the fees are lower with MFF so its definitely worth consideration. Of course FTMO has been around much longer but MFF certainly becoming very well established (started July 2020 vs FTMO 2014)
Hey Matthew, that is REALLY good going to get two free repeats. Absolutely right just keep doing what you are doing an let the market choose when you will pass 😉
MUCH easier to pass the validation and then keep the account that get through the initial challenge. I admire the boldness of going straight for the 200k account also.
Although for the less confident/more conservative I would definitely recommend passing a smaller challenge first haha, we all have to choose our own risk tolerance of course though!
Presumably you are sticking with only JPY for their safe haven status Matthew? Keep us updated, it would be great to see you pass this challenge, looks like you have a good shot if you don’t rush and keep doing what you are doing!
Great Equity curve so far Alan.
Nice count of trades also, it is certainly a good feeling getting that first pass (or even just a retry with good curve and solid profit) on the challenge. Certainly looks like you are heading in the right direction. Well managed risk from last time and this time curve going up nicely. Your risk definitely looks about right which is the main thing. A few more challenges will give you a really good feel for how you need to adjust things in that department.
Hey Alan,
This suggests to me that you have not matched EA studio and trading results properly.
Have you watched my youtube video on how to do this? I expect if you follow it though you will get things to match.
However right off the bat I can see that you have not imported your FTMO data into EA studio but just used the premium data. Results shouldn’t be as far different as it is just due to that but instantly shows that this is not a highly accurate comparison. There could well be other subtlties missed also.
The video is currently on Petkos channel under here: https://www.youtube.com/watch?v=z8FF1Uefdpo&t=85s (and there is a follow on couple of videos)
It is moving to my own channel soon so if this link doesnt work let me know and I’ll send you the new link.
Let me know how it goes, if you cant get things to match up after following that video then I will help you further 🙂