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Hi Magiangelic,
No I did not swap out anything. That is not the purpose of the test. What I am doing is testing FTMO EURUSD version 4.1 and not version 4.3 to see how long the EA will continue to remain profitable over the long term. The FTMO demo accounts only last for 14 days and then you have to start a new 14 day demo account. I started the new FTMO demo account yesterday using the same FTMO EURUSD version 4.1 and already it is up by 1.8%. So we will see how profitable it is over the rest of the 14 day period. So, even the old version 4.1 is still being profitable over the long term.
I hope by performing this demo test it will give confidence to new traders that the EAs created by Petko can be profitable over the long term.
Alan,
Hi Gary,
Go to Tools>options>Charts
Then go to ‘Max bars in history’ and fill in the white space with 999999999999999
Then go to ‘Max bars in chart’ and fill in the white space with all 999999999999999
Then go back to chart and hold down HOME key and see if you get more data.
If this does not work then you will need to add premium data to the chart. Let me know how it goes!
Alan,
Hi Majdi,
Can you please refer me to the lecture or lectures where the MA is being discussed so I can review them. That way I would be able to answer your question, thanks?
Alan,
Hi Ruben,
I see you just installed the FTMO EA on Oct 11. The FTMO EAs don’t necessarily place trades everyday because of the M30 filter. Give it another day or two and you should see a trade being placed.
Alan,
The following is the results of my fourth test of the FTMO robot V4.1 on an FTMO 14 day free demo account from Sept 26, 2023 through October 11, 2023. Account size $10,000. Lot size was 0.3 the recommended lot size for this account size. This is the first time the EA took a loss. The loss was -0.38% with a drawdown of 3.89%. If I combine the four test together the results would show a total profit since the beginning of August 2023 of 7.2%.
I will now start another 14 day demo and continue to test the FTMO EURUSD EA version 4.1.
Note I continue to test FTMO EURUSD version 4.1 and not version 4.2 version 4.3. What I am testing is how long will a single EA continue to show good results.
It must have something to do with the MT4 terminal. I would download a new copy of MT4 from your broker and install it. Then install the indicator and see what happens.
It looks like you are using MT4 so that isn’t the problem.
I wonder if you are installing the correct file?
https://fxprosystems.com/forex-profit-supreme/
Install as an indicator.
Hi ibrahim,
No, you do not want to do that. When you switch to one account the other account will stop trading. The way to do this is to open two MetaTrader platforms.
Kind regards,
AlanThe FTMO demo account in the link above are the results of trading the FTMO EURUSD EA version 4.1 since August 1st.
I just downloaded it and installed the exe file in the indicator folder. I then loaded it onto a chart and it looks normal. Maybe delete it and reinstall and see if it looks correct.
Hi MoHaMmE,
Yes it is possible to pass the real FTMO accounts.
My demo FTMO account has been making on average 3% per month. This month I started a live 50K challenge. So if it continues to make 3% a month this would be $1500 per month or $50 a day. So for a 200K account it would be possible to make $200 per day. Having said that nothing is guaranteed. There is only possibilities!
Here is my demo account:
Hi Diego,
I can answer your questions for you:
A1. The suffix “x” is just the name of the chart on the tab and has nothing to do with the actual data feed. So no, you do not need to do anything. As long as the EA has been loaded onto the chart successfully then it is working correctly. Depending upon the EA and the time frame it may take a day or two before you will see a trade. If the EA you are referring to is one of the seven FTMO EAs then “yes” it may take a day or two before you see an open trade. The FTMO EAs are filtered such that they only take high quality trades.
A2. What the instructions say is that on the M1 chart you should hold the HOME key down until the chart loads the maximum number of candles or bars. You can tell when it is finished loading bars when the chart stops moving. Before doing this however please un-depress the “Scroll to the end of the chart” button and the “Shift end of chart” button located in the tool bar. Also press the “Zoom Out” button to zoom out as far as possible.
Also on the M30 chart do the same thing.
On the Mac here is the key combination for the Home and End keys:
Home Key: Command-Left Arrow
End Key: Command-Right ArrowHope this helps!
Kind regards,
AlanHi Martin,
It happens don’t give up. My demo FTMO account is about even for the last two weeks. I am still running FTMO EURUSD version 4.1 on my demo account. I started the demo account August 1st. As of now it is positive about 7%. You can check out my demo account results on the link below. The FTMO demo account lasts for 14 days then I have to restart it. The first 14 days saw good profit of 2.5%. The second 14 days saw good profit of 1.4%. The third 14 days saw good profit of 3.7%. When I combine these I get a 7.6% profit. Tomorrow will complete the fourth 14 day demo account test and it looks like it will be about breakeven. So for two months it looks like my profit will be 7.6%. The demo account is a $10,000 account with a lot size of 0.3 lots.
Based upon these results I started a live 50K challenge last week. As of today the account is at $49800. So I lost about $200 this last week.
hope this helps!
Kind regards,
AlanHi Martin,
Sometimes the EAs will go through a period of drawdown before they become profitable. This happens to me all the time. There are three things you can do:
1. Let the trade continue to run and let the EA either close the trade when it hits the TP or SL. There are safety precautions in place in the EA to keep it from blowing up your account.
2. If you don’t feel comfortable with the trade you can manually close the trade and let the EA find a new entry point.
3. Put all 7 EAs in a demo FTMO account and watch it for a week or two and then move the profitable one to the challenge.
Hang in there!
Kind regards,
AlanHi Glqose,
I can answer your questions for you.
A1. The EAs place TP and SL on the chart. So when you disable the EAs the current open positions on the chart will continue to remain active until either the TP or SL is hit.
A2. Yes, with 10 portfolios running with each one containing 10 strategies MetaTrader will count this as 100 EAs.
A3. Not sure if I understand this question however I will give it a try. I assume you have closed trades equaling a profit of 300 euros and you currently have open trades equaling a loss of 400 euros. If this is the case you can either manually close these trades and take the loss or continue to let them trade. If you do not want any new trades to be triggered you can press the Auto Trading button in the MT4 tool bar to disable trading.
A4. The limiting factor with your VPS is the amount of ram. With 3GB of ram you should only run 3 MT4/MT5 terminals. One MT terminal for 1GB of ram. My VPS has 4GB of ram and my VPS provider suggests a maximum of 4 MT terminals. I looked at your VPS provider and they suggest 3 MT terminals for the plan you have selected that has 3GB of ram.
A5. EA Studio runs on a webbrowser. Webbrowers uses a lot of ram. So the reason why EA Studio runs slow on the VPS is because your VPS only has 3GB of ram. Your MAC I am sure has much more ram. This is the reason why EA Studio runs faster on your MAC.
Hope I have answered all your questions.
Kind regards,
Alan
