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Make sure Demo account has sufficient historical data and lot size is not too large for demo account size. If lot size is too large for Free margin it will not take any trades. Look at Experts tab at bottom of chart window to make sure there are no errors. Make sure the EA is active by looking at the icon in the upper right corner of chart window. Make sure demo account broker allows trading with EA’s. Make sure EA is attached to the right chart and period. Make sure AutoTrade or AlgoTrade button is active. Make sure you installed EA after pressing AutoTrade or AlgoTrade button. If all these things are correct the EA should start trading.
Yes, I went to the course today and got the EA I am using. I don’t think it is the EA because I can do the backtest with the Strategy Tester, but I will wait for a trade to develop to confirm it is not the EA.
That should be plenty! Seems like we have covered all the things that could keep the EA from trading. I will have to think on it. In the meantime, I will let my MT5 run and will report back when it takes a trade. If I come up with anything else that might keep your MT5 from trading I will let you know.
MT5 – USDJPY loaded properly.
Did you try to close MT5 and reopen and then load the EA. Also make sure you have Algo Trading button pressed before loading the EA
That makes more sense because the FTMO EAs use M1 period and do not have USDJPY. I thought you might be referring to the FTMO EAs as this is what the majority of traders are asking questions about lately. Let me look into this and I will report back in an hour or so!
Are the pairs you are referring too the FTMO Version 4.2 pairs? If so, make sure the pairs are attached to the correct chart and attached to the M1 period.
Does M1 historical data go back to Oct 1, 2023?
Also start with smaller lot size such as 0.3, and 0.3.
Also I must advise that MetaTrader does not do a good job with backtesting! The creator of FSBpro recognized this years ago and decided to develop a much better backtester. FSBpro and EA Studio are the best backtesters available!
Does M1 historical data go back to Oct 1, 2023?
Also start with smaller lot size such as 0.3, and 0.3.
Also I must advise that MetaTrader does not do a good job with backtesting! The creator of FSBpro recognized this years ago and decided to develop a much better backtester. FSBpro and EA Studio are the best backtesters available!
The only change you need to make is to adjust the lot size based upon your account size to reduce risk! The following recommendations limit risk to 1%. You can adjust the recommended based upon your tolerance to risk.
200K Account: Amount for new position = 6.0 / Maximum position amount = 6.0
100K Account: Amount for new position = 3.0 / Maximum position amount = 3.0
50K Account: Amount for new position = 1.5 / Maximum position amount = 1.5
25K Account: Amount for new position = 0.75 / Maximum position amount = 0.75
10K Account: Amount for new position = 0.30 / Maximum position amount = 0.30
