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Nice update. Thanks.
The idea of ‘Survival of the fittest’ really appealed to me, hence the purchase. But, I can’t fight the feeling I’m always chasing my tail on the set-up of these EA’s.
The best performers, weekly and monthly are always changing. If I pick the top 3 robots of the week, let’s say on a Friday. The following week they drop down the list and different 3 EA’s fill the top slots. Same with monthly.
What you’re creating here is very interesting, but I think we need more guidance on strategy and approach. Especially now we have 14 options. In the post, you suggest this means we can “better match our trading approach and objectives”.
Objective is to pass an FTMO challenge. Approach… that’s where I need guidance. You’ve created the tools, now I’m hoping you can show us how to apply them. If there are multiple ways to approach this, that’s fine too. For example. Low and slow? Do it like this… Want to risk more and try and pass in 2 weeks? Do it like this. Etc. I was thinking, do I put the top 3 monthly EA’s with small lots and add the top weekly EA to boost it. Your thoughts would be appreciated.
Thanks for all you do and reading this, hope to hear from you,
Nick
I noticed this too. The dashboard is a great addition to the plan, but it would be great to get some clarity on the best approach here. Do we mix and match the timeframes now? E.g. Add AUDCHF M30 AND the 5m?
Also, I would love the ability to filter the time manually. E.g. The last 20 days, or 10 days etc. Perhaps by date like MT4.
As always, good stuff, just needs some advice to go with it.
Nick
Yes! I second this. A month is a little too long, a week a bit too short. Being able to manually select a range would allow us to hone in on the Goldilocks zone ; )
*** TURNING OFF FOR NEWS ***
I just purchased V.5 of the FTMO EA> Looking forward to getting going. I heard someone on YouTube say that Petko manages the EA’s to avoid red news events. Is that right? If so, could you please give some guidance on specifics?
- Does he close open trades before RED FOLDER news relevant to currency? e.g. USD
- How much time either side of the red news does he allow? 60 mins? 90 mins?
- Does he turn them all off for NFP? For the whole day?
Thank you!
Hi,
I’m considering buying the FTMO EA. One question. If I ended up trading the top 3 performers on a 200k FTMO challenge, would I need to reduce the lot size down from the recommended 6 lots? In other words, each EA gets 2 lots making a potential max of 6? Also, is the equity protection based on floating equity? And would it take into account all 3 EA’s installed?
Thanks,