[Andi]

Hi Degriand,

The missing content should be visible now. Please check and let me know if there is still an issue.

[Andi]

Hi Ilan,

yes, with the new course I combine the formula with Expert Advisor to open the trades.

Also, I have update it recently with more examples and more detailed explanation about The formula.

[Andi]

Petko uses JFD for Forex EAs and Pepperstone for crypto’s. And now the Dukascopy I think

[Andi]

The draw down is how much is the loss from the highest point in the equity line down to the lowest point.

The stagnation is the period from the highest point to a new higher point in the equity line.

[Andi]

I wouldn’t go with more than 50 EAs in such account, and as Petko said you better look for diversification by using different strategies. Lots should be increased when the account grows.

[Andi]

Hey Bastian,

Your questions are very logical, and this is a big topic…so I am glad that you started it.

Well, many factors will not allow you to go gradually with your plan all the time.

For example, if you have issues with computers, VPS, and the internet. Somethings small things might cause unexpected results.

Also, we are humans, so quite often, we make mistakes for any reason. The one I remember the most is one trader complained that he fell asleep with the tablet in hands. All night rolling around, he opened and closed many positions… :) I know this won’t happen to you, but yes, it happens that we make some mistakes. This is why it is very important to deal with EAs and trading in general when you are very fresh and not tired.

Another thing, I would suggest you is always to withdraw some of your profit for something nice…family, vacations, improve your standard of life. Invest in some business or anything that will diversify your income even more.

A lot of traders make profits, and they never withdraw. Just increasing the account doesn’t make sense if you don’t enjoy in some way.

For example, I always withdraw 20% of the profit…but that is a personal choice, of course.

 

[Andi]

Great to have the search bar, Petko! Thanks a lot!

EA Studio with the Free Historical data App is just a fantastic combination! Really things got easier for me.

I hope soon the data will be inside the software for the licenses users at least. This way we won’t need to download and upload the data. Even it works really fast this way :)

[Andi]

Wow!

These are great results Bastian!

Good job!

What I can suggest to you from using the software since the beginning is just to stop thinking if you are on a live or on Demo. Focus on the strategies themselves!

At one moment, when you are ready with the portfolio and the general strategy that you follow, you will just switch to live and everything will continue…

Keep up the good work!

 

[Andi]

Hello there,

Glad to hear from you.

Is this with EA Studio or FSB Pro?

There is a limitation in both strategy builders which you need to remove.

For FSB pro go to Control Panel -> Data Horizon -> Max Data Bars

For EA Studio, go to Data -> Data Horizon -> Max data bars

Cheers,

[Andi]

Here is something that I learned yesterday!

When I run the generator I normally look for higher Profit Factor, and other criteria that are expected to be high in the future.

But actually the key point is the number of trades.

Petko shows in the courses with min 300 count of trades, but this is because the courses are meant for beginners.

If you want to build robust strategies that perform well for a longer time, you need to look for the maximum count of trades.

This depends on the Historical data of the broker.

[Andi]

Hi Petko,

I saw the new Forex Historical data from DucasCopy it looks rally awesome! I am going to test it and see how it goes.

Are they going to change the Metatrader-Demo which comes from JFD in EA Studio with the new DocasCopydata or not?

[Andi]

Something I wanted to share. Actually Petko said that long ago but I did not realize it. Now I see it is 100% true.

The more count of trades the strategy has, the Monte Carlo passes with more validated tests. This means that we have more robust strategies.

So basically the most important Acceptance criteria is a profitable strategy with many count of trades. With some currencies and time frames I get over 1000 without a problem, and with other 500 is the level. But at the end of the day, I get better strategies for any asset.

 

[Andi]

That is a piece of smart advice!

I still think that there should be a Page on Forex Academy where Petko can place 2-3 reliable brokers. This will make it much easier for the beginner traders, and it will protect many from the scammers.

[Andi]

O, really? From where is that Historical data?

[Andi]

I am looking for the Bitcoin Expert Advisors. The recent month was fantastic! 20% in the account from the Top 10 EAs.

[Author]

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