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gabiscriba
ParticipantWhat do you mean by “FTMO is moving towards DXtrade”? That FTMO will abandon MetaTrader? Do you have information about this?
FTMO has been using DXtrade for a long time.gabiscriba
ParticipantHello everyone.
I intend to buy a challenge at FTMO.
I have a question for those who have accounts at FTMO.
Do the robots have identical trades and results both on the FTMO demo account and on the challenge account?On the FTMO Robot App I saw that some of the robots have good results on the FTMO demo account. But on my challenge account at another prop firm, all robots have bad results, except for EURAUD. For two months I haven’t been able to get almost anything, I’m just wasting my time chasing bots with 0.01 lotsize. Only using EURAUD is too little, because it opens trades very rarely.
Thank you for help.gabiscriba
ParticipantThat’s right, this happened.
Thank you.gabiscriba
ParticipantHello everyone.
I have a recent situation, which appeared 20 minutes ago, at 16.45 (my time is GMT+2).
All 8 V6 version robots have closed and disappeared from the charts (they are on VPS). All trades were closed automatically. V5 version robots works normally.
I have several other robots that run on the same account, but on different charts, which run without problems.
Has anyone else experienced this?
What could be the cause?gabiscriba
ParticipantYes, I know this strategy, I saw the video, it is a very good strategy.
But Pranav risked on the top 1 performer, not on the top 3 like Petko. Basically, his risk was 50-50, that’s why I say it’s a coincidence that he passed. And that this approach with top 1 is very risky.
I would like to be able to use the strategy with the top 3 performers. But in my case, as I posted yesterday, I don’t have a top 3 performer in the last month. And that’s why I can only wait for this top to appear. The problem is that I don’t know how long I have to wait. At this rate, I can only trade with EURAUD, which opens a trade every two weeks (more or less).gabiscriba
ParticipantUnfortunately, this is not encouraging at all. Passing the challenge happened accidentally and with a special strategy, risking more on the top 1 performer. It is not something that can be applied in the long term, except by relying on luck. I am curious if on the funded live account he will be able to continue to obtain profit and make withdrawals.
gabiscriba
ParticipantHello everyone!
Today marks the end of two weeks since I carefully tested all 8 V6 robots on a live challenge account, with 0.01 lot, on a Vps.
My prop firm is FXIFY and I carefully monitored each individual trade of the 3 robots.
My problem is that I cannot choose a top performer because apart from one robot (which made two consecutive win trades), none of the others made more than one win trade.
AUDCHF – 1 lost trade + 1 open trade
AUDUSD – 1 win trade + 1 open trade
EURAUD – 1 win trade
EURUSD – 2 lost trades + 1 open trade
GBPAUD – 2 win trades + 1 lost trade
USDCAD – 2 win trades + 3 lost trades
USDCHF – 3 lost trades
XAUUSD – 3 lost trades + 2 win trades + 1 open trade
The point is that I don’t know what to do with these robots. I have been testing them since the V6 version appeared, and before that I also tested the V5 version for a long time. However, the only one that makes constant profit is EURAUD, which very rarely opens trades. This is the only one I can use.
I am very curious if the rest of you can share your experience with your brokers or your prop firms.
Who is successful with these robots? Who made some relatively steady profits?
Because I don’t know how much time it takes to be able to use these robots, how much patience I should have.
Thank you.gabiscriba
ParticipantIt seems that everyone using FTMO is getting the same results.
gabiscriba
ParticipantThanks Petko, everything seems to be clear now.
I was misled by the fact that no trade appears on D1 for GBPAUD and I have one open. But in W1 two trades appear, which is correct.By the way, I run everything on VPS.
gabiscriba
ParticipantI have a confusion related to the last feature on the FTMO App.
I run all robots with 0.01 lotsize, both on an FTMO demo account and on a challenge account at another prop firm.
Referring strictly to the FTMO demo account, from what I have seen, I think that the trades that are running and have not yet closed also appear in the trade history. I selected D1 and in the App history the following appear: USDCAD – 1 trade – running, AUDUSD – 1 trade – running and XAUUSD – 2 trades – 1 closed and 1 running. At least this is the status of trades on my FTMO demo account.
But an extra trade is running on my account, which does not appear in D1 of the app history. GBPAUD sell, opened last night at 19.30.00, which is running at a loss at the moment.
My question is if the situation is the same for those of you who use FTMO account.gabiscriba
Participant@SammyTrader
Because I already have a challenge account with another prop firm. And even if it weren’t like that, we can’t all work with the same company. FTMO is the most expensive, it is an aspect that matters a lot.
Apart from that, the best tactic to make profit from Prop firms is to have accounts with several of them, for diversification and risk sharing. It may happen that you lose an account, you still have two or three.
And one more very important thing. Do you remember MFF? Until it closed it was the best and reputable too.I lost a 50K live account at MFF
gabiscriba
ParticipantI saw the new feature in the Robot App. It is a very helpful feature, but only for those who use FTMO prop firm.
For the rest of us, the results are very different and we cannot use this new feature.I wanted to specify this for those who still do not know that the results of robots are very different from one broker to another.
gabiscriba
Participant@SammyTrader
Yes, my prop firm is FXIFY, I run all robots on a challenge account with 0.01 lotsize. I run all the robots on an FTMO demo account, too. The results are completely different.
gabiscriba
ParticipantMy status of open trades from December 1, until now:
AUDCHF – no open trades.
AUDUSD – no open trades.
EURAUD – 5 trades – 18.12, 19.12, 21.12, 02.01, 03.01 – all win trades.
EURUSD – 1 trade – 17.01 – still open
GBPAUD – 2 trades – 09.01, 17.01 – 1 lose, 1 win
USDCAD – 3 trades – 08.01, 10.01, 16.01 – 1 win, 2 lose
USDCHF – 13 trades – 8 in december+5 in january – last 4 lost
XAUUSD – 15 trades – 9 in december+6 in january – of the last 6, 4 were lost
My conclusions:
– since I started testing, EURAUD has never lost a trade, so it is number one.– XAUUSD wins about as much as it loses, so it’s almost at zero.
– USDCHF loses more than it gains.
– USDCAD loses more than it gains – only 3 trades.
– GBPAUD – only 2 trades.
– EURUSD – only one trade.
– AUDCHF and AUDUSD – no trade.
So I can only work with EURAUD, and I would risk more because it rarely opens trades, but probably the vast majority will be wins.
I don’t know what else I could do.
gabiscriba
ParticipantOn MT5 there is no smiley face.
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