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Courses
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Robots
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- What is the difference between EA Trading Academy's free and premium robots
- Which broker should I use to trade the Robots?
- Do I need a VPS to trade with Robots?
- Can I use Robots on cryptocurrency exchanges?
- How to trade with many EAs in the US? (FIFO solutions)
- I placed the EAs over the charts, but no trades are opening
- Is it possible to trade cryptocurrencies with Robots?
- Why do my trades not match on Demo and Live accounts with the same EAs?
- Why do some of the EAs in the courses not have SL and TP?
- Do the EAs have money management integrated?
- What returns should I expect from the robots
- Can I use Grid EA (like Waka Waka) on Prop Firms?
- Can you pass a challenge for me and manage my Funded account with the FTMO EA?
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Strategy Builders
- What are the main differences between EA Studio and FSB Pro?
- Is there a difference between the trial period and the license?
- Why is the backtest on EA Studio/FSB Pro different from the backtest in MetaTrader?
- Can I use Custom indicators on EA Studio or FSB Pro?
- What are the limitations of the EAs during the free trial?
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- Articles coming soon
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General Questions
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Indicators
Can I use Grid EA (like Waka Waka) on Prop Firms?
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Some prop firms have a different definition of grid trading. Here is an example from the FundedNext prop firm:
Grid trading refers to a trading strategy with opposing buy and sell orders for the same financial instrument with similar risk parameters. At FundedNext, grid trading is prohibited due to its potential for market manipulation, over-leveraging, market instability, and the pursuit of risk-free profits.
It’s clearly different from the kind of grid trading used by Waka Waka. There are no opposing buy and sell orders. In this case, presumably, we do not violate rules by using Waka Waka. However, it’s best to contact the support team of the prop firm you plan to trade with to get clarity and confirm the details.
Some prop firms forbid grid trading after passing through but allow it during the challenge/evaluation phase. In this case, you can use Waka Waka to pass and switch to another kind of trading after that.
In summary, it all depends on details and the particular prop firm in question.
2.8 out of 5 stars
2 ratings
5 Stars | 50% | |
4 Stars | 0% | |
3 Stars | 0% | |
2 Stars | 0% | |
1 Stars | 50% |