Forum Replies Created

Viewing 15 posts - 1,231 through 1,245 (of 1,490 total)
  • Author
    Posts
  • in reply to: FTMO Robot: V4.3: What’s new? #199800
    Alan Northam
    Participant

    I cannot get them to work in MetaTrader Strategy Tester either.  The only way I can backtest them is to do it in FSBpro.  The MetaTrader Strategy Tester is not the best backtester.  The backtester in FSBpro is world class!  To test these robots it is recommended to do so in a demo account.

    in reply to: FTMO Robot: V4.3: What’s new? #199572
    Alan Northam
    Participant

    Use windows On-Screen keyboard.

    in reply to: error “collection-capacity” #199552
    Alan Northam
    Participant

    To download the collection of strategies use windows File Explorer and go to: C:\express-generator\collections

    in reply to: FTMO Robot: V4.3: What’s new? #199549
    Alan Northam
    Participant

    Did you get the bots from EAtradingacademy?  The reason I ask is EA Studio and FSBpro generate bots that do not have errors in their code.  So I would like to know what bot you are referring too!

    in reply to: Something’s wrong… #199497
    Alan Northam
    Participant

    Balance is still at 10,000 EUR because none of the trades have closed. Also, I notice that some of your portfolio lot sizes are 0.1 and some at 0.01.

    in reply to: FTMO Robot: V4.3: What’s new? #199423
    Alan Northam
    Participant

    Are you giving it sufficient time to complete the backtest.  I backtested AUDNZD and it took about 6 minute to complete the backtest.  The green bar at the bottom of Strategy Tester went from left side of window to right side of window about four or five times approximately.  I didn’t really count them.  Backtest was with $10,000 and 1.0 lots in all four positions in the inputs tab.  The following is my results:

    in reply to: FTMO Robot: V4.3: What’s new? #199368
    Alan Northam
    Participant

    Hi Richard,

    Can you provide detailed info on how you are trying to do the backtest?  Can you show screenshot of Strategy Tester that shows your setup?  Please provide as much info as you can so I can evaluate the reason you are not able to do a backtest.  Also have you optimized the amount of data you broker provides by holding down the HOME key as Petko has shown in the videos?

    Alan,

    in reply to: Question about the 21-day Program #199267
    Alan Northam
    Participant

    Here are the results when backtesting on a DukasCopy Demo account:

    I then backtested each of the 10 GBPUSD strategies:

    strategy 00  -5.51 dollars
    strategy 01   -17.00 dollars
    strategy 02  -1.27 dollars
    strategy 03  -9.02 dollars
    strategy 04  -7.00 dollars
    strategy 05  -7.80 dollars
    strategy 06  -5.39 dollars
    strategy 07  -0.79 dollars
    strategy 08  +9.24 dollars
    strategy 09  -5.24 dollars

    So what I might do is to comment out strategy 01.

    in reply to: Management of robots #198979
    Alan Northam
    Participant

    Hi Sam,

    I wouldn’t try to re-optimize a robot that is no longer working.  It is better to create a new robot that works under current market conditions.  This can be done using EA Studio.  Having said that if you are just going to use Petko’s 3 Portfolios and not use EA Studio what you will need to do is just eliminate the EA’s that are not working and wait until next month when Petko uploads the new portfolios then the new portfolios will replace to old ones.

     

    in reply to: Question about the 21-day Program #198805
    Alan Northam
    Participant

    Try demo account with DukasCopy they have the best historical data for backtesting.  If it doesn’t work there then let us know.

    https://www.dukascopy.com/swiss/english/forex/demo-mt4-account/

    in reply to: Management of robots #198645
    Alan Northam
    Participant

    The answer to your question is found in the “Forex Trading with EAs + 30 Best Strategies” course that you can download and watch on Day 3 of the 21 day course. Basically what you do is wait for 5 days after you start trading the Portfolio’s then you look for the strategies that have produced losses and have 5 or more trades. These trades are then eliminated from the portfolio. How to do this is explained in the course you are to watch on day 3.

    in reply to: FTMO Robot – Not placing trades #198361
    Alan Northam
    Participant

    Make sure you have installed the EA properly and that the icon in the upper right corner of the trading window shows a smiley face for MT4 or a colored icon for MT5.  If so then it should be ready to make trades.  I monitor the FTMO EURUSD robot and the last time it placed a trade was on 09/14/2023 at 15;30.  What size account do you have and what are your lot size settings.

    Here are recommended lot sizes for each account size:

    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

    in reply to: FTMO Robot: V4.3: What’s new? #197335
    Alan Northam
    Participant

    It is best to put all the EAs in a demo account.  Wait 3 to 5 days and move the EAs with more than 3 closed profitable trades to a live account.  This indicates the EAs are at least trading once a day if you are waiting 3 days or at least once every other day if you are waiting 5 days.  Then every 3 to 5 days look for the top profitable EAs in the demo account and place those in the live account replacing the EAs in the live account not performing well.

    in reply to: Few Trades generated #197171
    Alan Northam
    Participant

    Q1) Do the EAs work on any Propfirm or only FTMO?
    A1) Yes

    Q2) What is the overall success of the EAs? Is there a way to see trading results of recent weeks?
    A2) Review my demo trading at https://sandbox.eatradingacademy.com/forums/topic/ftmo-demo/

    Q3) Does the company assist with set up of the Robots and VPS?
    A3) We have videos on how to setup the robots on MT4 and MT5.  VPS services have videos on how to setup VPS.  We can assist based upon our knowledge of the VPS service you choose to use.

    Q4) Are these Robots available for purchase on MLQ5 or they are available only here?
    A4) The robots are only available on the eatradingacademy website.

    Q5) If I use the Robots and don’t pass Propfirm challenges, are there free resets or just the 30 day money-back guarantee?
    A5) You will need to read the rules for the particular prop firm you choose to use.

    Always use a demo account until you are comfortable trading robots before using a live account!

    Alan Northam
    Participant

    Here is a youtube video on how to test EA Studio EA’s on the Metatrader Strategy tester.

Viewing 15 posts - 1,231 through 1,245 (of 1,490 total)
Shopping Cart