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Hi superalf,
Petko has informed me there will be a big upgrade soon. So lets se if the upgrade solves all your issues.
Alan,
Hi superalf,
I use to be able to go to Y5 and see all 14 robots. Why I cannot do that now is a mystery. It may be that Petko is not testing the shorter term time frames back 5 years like he use to. I am waiting for clarification from Petko.
While we wait I should also invoke some knowledge to you incase you are not aware. The robots are back tested using BlackBull historical data. You may not be aware that all brokers/prop firm historical data is somewhat different. So for example, the top 3 robots in the Prop Firm robot app may not be the top 3 when trading the robots with FTMO. So, when you chose the robots you want to use from the Prop firm robot app don’t expect them to be the same top performers in the FTMO challenge.
Alan,
Hi Superalf,
That pair did not trade last week. However, it will continue to trade in the future. I trade 10 different EAs in my Infinity Forex Fund challenge and in some weeks certain EAs do not trade for a week or two and then they start trading again. So, this is normal. Further, you may pick some robots that traded last week but one or two of them may not trade next week. This is why it is a good idea to diversify.
Alan,
Hi superalf,
Right now there are only 12. Petko has removed 2 of them and has not yet replaced them.
Alan,
Hi superalf,
The magic numbers are randomly generated. As fate would have it, the random generator picked the same magic number for the same magic number for these two robots. Change the magic number in the source code and re-compile. Then when you move the robots around from account to account you won’t have to keep changing the magic numbers.
To download all 14 robots at the same time select Y5, select Add to zip, and then select All.
Alan,
Hi Wolfgang,
If there is a smiley face in the upper right corner of the trading chart then you are good to go. Just wait for new trades to develop. To properly protect your FTMO account I would suggest the following:
In the Prop Firm Robot app look at the top left area of the screen where it says Account. Select the account size you will be trading in the FTMO challenge. Also select the correct Max loss, Max daily loss, Profit target, Risk, and the news option. After you make these selections then download the robots you want to trade. So I would remove the robots you downloaded and re-download the correct ones.
Alan,
Hi paul4x,
The EA is set up so as not to take any new trades 15 minutes before the market closes for the day. New trades can then be taken after the market re-opens 15 minutes later. This is done to avoid a new trade occurring 15 minutes before the market closes with super large spreads. There are also large spreads right after the market re-opens, so I would change the number from 0 to 1 or 2 to avoid these large spreads.
Note: The number zero represents the beginning of the new trading day. The number one represents one hour after the market opens for the day.
Alan,
Hi Tradingblueocean67,
These robots started off with an account size of $10,000, then had a small drawdown before moving higher. So the charts show the the lowest drawdown for each of the two robots. This is why the charts start with a lower low than $10,000.
Alan,
Hi Maarten,
I keep track of a similar thing with my Infinity Forex Fund challenge account (see Excel screenshot below). Look at 03/23/24 line for example. Here I am trading AUDUSD, USDJPY, USDCHF, EURJPY, and EURGBP for the next week. At the end of the week the only top performing pair looking at 03/30/24 were USDCHF and EURJPY or two pairs out of the five pairs. This tells me only 40% of the pairs traded were top performers for the week. If you now understand how to read the chart you can see how each week performed. In the right most column I show the results for each week. For example, line 03/10/24 shows that 60% of the currency pairs I traded during the next week were top performers for the week. You can also see each week different pair were top performers each week. This table also shows the currency pairs that are top performers each week changes. The right most column of the table shows this weekly change in percent. Bottom line, based upon the strategies of each of my Expert Advisors, I cannot rely upon the same Expert Advisors to be the top performers at the end of each week.
So you might see similar results with your Expert Advisors. Don’t expect USDJPY to be the best pair to trade each week. When I strip out all the currency pairs except EURUSD, USDJPY, and EURtJPY from my table and read the results I get USDJPY as being the top performing pair the next week to only happen 33% of the time. However, this is based upon the strategies of my EA’s. For a more accurate analysis using the strategies of each of your EAs you would need to develop your own similar table.
Alan,
Hi Traders,
WEEKLY REPORT
Week of April 28, 2024 through May 3, 2024. The following are the eleventh week results of trading 10 Expert Advisors (EA) I created using EA Studio. These Expert Advisors are the same Expert Advisors I have been trading for the last eleven weeks without any upgrades or optimizations. The only thing I changed with these Expert Advisors is the lot size each week. These Expert Advisors are being traded on my Infinity Forex Fund (IFF) 100K Algo One Step Evaluation account. I analyzed the results this week using FXblue where I sorted this past one week trading results by sorting the “Net pips” column from most pips gained to most pips lost this past week. I then looked at the Net Profit column to determine profits and losses for the week. The following are the results along with the changes made for trading next week:
This past week ended with a profit of $253.90 and an account balance of $109,678.27. The price target to become a funded account is $110,000. To reduce risk of this next week of significantly drawing down this account, since it is so close to hitting the price target and becoming funded, I am going to continue to limit the risk to the account to 1%.
There were six profitable currency pairs this past week having a profit factor of 1.2 or greater. However, two of the pairs, GBPJPY and EURGBP, will not be traded this next week because over the last ten weeks they produced an overall loss of -0.14% and -0.01% respectively. I will adjust the lot size of each of the four currency pairs I will be trading this next week to have an account risk 0.25% for a total account risk of 1%. The other six currency pairs will have their lot size adjusted to 0.01 lots.
Note: The percentages in parenthesis show the percent gain of each currency pair over the last 11 weeks.
AUDUSD(+1.09%): 0.46 Lot size
USDJPY(+0.90%): 0.39 Lot size
USDCHF(+0.78%): 0.41 Lot size
GBPUSD(+0.55%): 0.29 Lot sizeUSDCAD(+4.03%): 0.01 Lot size
EURUSD(+1.93%): 0.01 Lot size
GBPJPY(-0.13%): 0.01 Lot size
EURJPY(+0.29%): 0.01 Lot size
NZDUSD(-0.08%): 0.01 Lot size
EURGBP(-0.01%): 0.01 Lot sizeThis first chart shows the trading results for this past week:
This chart shows trend line of the cumulative profit since inception:
This chart shows the statistics of this account since inception:
This chart shows 10 of the last 11 weeks of this Evaluation have been profitable:
Alan,
