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Yes! EURUSD.i is just the name of the chart and has nothing to do with the historical data displayed.
Here is how the software creator suggests to solve this problem:
https://forexsb.com/forum/topic/7505/error-invalid-order-filling-type/
For smaller accounts scale Entry Lot Size, Max Lot size, Amt to Add on lot size, Stop loss, and Take profit proportionally.
Hi Kevin,
When doing the backtest on MT4 you have to set up the Strategy Tester correctly. This video will walk you through the process.
As for the FTMO settings, what questions do you have?
The Envelopes can be added to the MT4 chart. You can find the indicators in the list of indicators on MT4.
Alan,
Have you tried this solution as I suggested earlier?: https://forexsb.com/forum/topic/7505/error-invalid-order-filling-type/
Try using MT4 instead of MT5. I am thinking MT4 does not have this issue.
Try this solution: https://forexsb.com/forum/topic/7505/error-invalid-order-filling-type/
Test the EA using the MetaTrader Strategy Tester. Test over the last 1 month and determine how many trades there are over that time period. This can give you an idea of how many trades per day you should get on average.
You can also add the indicators to the chart and identify the points on the indicators that should trigger an Entry and then determine if an Entry was actually applied to the price chart.
Hi Lukey,
During the first couple of hours after the opening of the market, the spreads are very large. As a result the ASK price is much higher than normal causing you to BUY at an inflated price. To keep your EAs from buying during this time go to EA Studio Tools>Settings>Trading_session and set ‘Session open’ to 0200 or greater before creating your EAs. I set mine to 0300.
To keep an existing EA from trading when the spread is high go to the EA Properties after attaching the EA to a price chart and set the Spread to a maximum amount. See the image below. To do this properly first determine the normal spread and then set the spread to something a little higher than normal. This will keep the EA from placing a trade when the spread increases above this level. In the image below I have set the spread to 20 points or 2 pips.
Alan,
Thomas,
Yes, you can scale it up!
What I know about using a common EA on various brokers is that the results will not be the same. Some brokers might show greater stagnation, drawdown, and or overall profit than other brokers. So beware of these possibilities!
The problem with passing the FTMO challenge in the past was balancing the account to have a large enough lot size to pass the challenge within 30 days and keeping the lot size small enough so as not to violate the Max Drawdown. Fortunately, lately, the time period has been eliminated from the challenge and the verification phase. So now you can reduce the lot size to help from violating the Max drawdown while taking longer to pass the challenge/verification phases. However, the problem I see with reducing the lot size is what lot size to use. So what we need is a safety net! And, here it is:
You can set the Min, equity protection to a certain percentage you will allow for the Max Drawdown. Here I have chosen 3% of a $10,000 FTMO account. What this means is that if the account drops by 3% from its initial account balance the open trade will be closed and the EA will be deleted. You will then need to reinstall the EA to make it active again. So how do you know when to reinstall it and keep it from further drawing down your account? You have a few options. You could run the EA on the FTMO demo account and monitor it. When the demo account starts profiting you might restart the EA on the live account. Another option would be to restart the EA on the live account but make the lot size small. Once the account starts to make profit again then you can increase the lot size back to its normal value. And, another option would be to test the EAs on the MetaTrader Strategy Tester to see when the EA starts profiting again and then activate it.
