[Joseph Yong]

Hi everyone,

I wanted to share some insights based on my own testing of the Top 5 EA from The Prop Firm Bot, which I’ve been using on over 25 FTMO trial accounts with varying balances: 10K, 25K, 50K, and 100K.

I used the default settings for these trials, and what I’ve found is that as the account size increases, the Bot tends to hit the equity protection levels, particularly on the higher-tier accounts (50K and 100K). This is where the issue arises—there seems to be no recovery mechanism that I know of once this equity protection is triggered, and the trades are closed.

Unfortunately, despite reaching out to EA Trading Academy Support, I have not received any solutions or feedback. It has been over 2 months since I first contacted them, and still, no response. I’m beginning to wonder if this issue is something that others are experiencing as well.

If anyone has found a workaround or received any helpful updates from support, I’d love to hear your thoughts!

Thanks for reading!

[Joseph Yong]

Hi  Guys/Support,

I am about to use Prop Firm robot on a  6K or a 10K challenge with funded Next. These are the requirements of this challenge. Can someone please advise me on how to change the setting to meet these requirements?

Account Balance: $6,000 Stellar 2 phase challenge

Profit Targets:
Phase 1: 8%
Phase 2: 5%
Max Daily Loss: 5%
Max Overall Loss: 10%
Account Balance: $6000  Stellar 1 Phase challenge
Profit Target: 10%
Maximum Daily Loss: 3% ($180)
Maximum Overall Loss: 6% ($360)
Minimum Trading Days: 5
Account Balance: $10,000( Stellar lite)

Profit Targets:
Phase 1: 8%
Phase 2: 4%
Max Daily Loss: 4% ($400)
Max Overall Loss: 8% ($800)
Balance Based Drawdown
Minimum Trading Days: 5

Thanks in advance.

[Joseph Yong]

Hi  Guys

Just wondering if it’s possible to use EA studio to improve another EA’s feature to make it more effective.

Appreciate any constructive inputs

Joeforex

 

[Joseph Yong]

Hi  Guys,

I am coming across a “consistency rules” on a few challenges now.

How do we use the EA to overcome this issue?

Appreciate your advice!

Joseph

 

[Joseph Yong]

Hi Guys,

My small turbo challenge just got knock out by The Funded Engineer not because of the FTMO EA but I think this Prop firm is not dishonest.I have  checked my  dasboard and I didn’t break any rules of their rules . So stay away from this prop firm.

Hello Joseph ,

I hope this message finds you well.

Thank you for reaching us out via email, As per checking you are trading during market rollover, during this time spreads and slippage tends to widen unpredictably.

Price didn’t need to close down your allowed Max Daily / Daily drawdown for account to be breach as soon as price hit your allowed max equity drawdown then the account will be breached.

If you are wondering why your dashboard show a value above the allowed loss limit that is because at some point your account went below the allowed equity limit then got breach after that price went in your favor and got close above it.

It’s designed that way otherwise people would continue to hold to a losing trade until it becomes positive if this is not the case.

Should you have other questions and query, please feel free to contact us via live chat available in the website.

Best regards,

Funded Engineer Team

[Joseph Yong]

HI Alan,

This is some images from my trading account. As you can see from the image trading stopped on the 05/03/2024. No new trade has been taken by the FTMO APP.

As you can see Alan no trades have been taken.

Do you have any solution to resolve this issue?

Thanks in advance

Joseph

 

[Joseph Yong]

Hi Alan

This is your current data requested.

What was the beginning account balance?$6000
What is the daily loss limit?$240/4%
What is maximum loss limit?$5640
What is price target?$6600

Thank you for your quick response

Joseph

 

[Joseph Yong]

Hi Alan,

How do I change the setting to keep the EA trading to reach my profit target $6,650 without losing the Equity produced?

I need your help to get 3 set file from a youtube video produced by Petko on Percept trader to:

Perceptrader AI verified MyFxBook records:

https://www.myfxbook.com/members/Misc…

https://www.myfxbook.com/members/Misc…

https://www.myfxbook.com/members/Misc…

Hope you can help me out as well

Thank you again.

Joseph

 

 

[Joseph Yong]

Hi  Guys,

I am running Ftmo APP on a small challenge, but notice the EA has stopped trading.

It says that the EA is turned off but the EA is on, but trading has stopped since 05/03/2024.

Has the Prop turned off my EA?

Any advice?

[Joseph Yong]

Hi Alan,

The currency was US$

Thanks for the quick reply

Joseph

[Joseph Yong]

Hi Lee,

You posted a question on this forum on the23 oct 2023
“As I know prop firms have a max allocation? when passed and if i want to use this on the actual live account already using perceptrader on one funded account. But do these ftmo bots randomize the trades at all? i can see from broker to broker they are different but im not sure if it would be on same broker… ALSO MASSIVE THANKS as its performing very well! Just one certificate from last week”

Just wondering if what was the challenge size, which EA was use and the set file used.

I am sure all of us would love to know,

Regards

Joe

[Joseph Yong]

Hi Alan,

My FTMO stop trading after it hit $6200 on a $6000 challenge.

How do I get the FTMO EA start trading again?

Here are the challenge requirements and settings on my FTMO App.

Account Challenge Size:$6000
Profit target 10%
Simulated Max Daily Loss:4%
Simulated Max Overall Loss:6%
Trading Level 1:100

Ftmo setting set to:

Entry lot 0.19
Stop loss:50
Take Profit:95
Minimum equity: 5646
Maximum Equity: 6750

Regards

Joe

[Joseph Yong]

Hi Alan and Guys,

I am trying to enter .Pi or .p symbol in the ftmo app setting area.

Does anyone know where I can find it?

Regards

Joseph

[Joseph Yong]

Hi Alan and Guys

I am doing another small challenge testing FTMO APP.

What is the formula to setting FTMO app?

Account size: $6000

Target: 10%

Max Daily Loss 4%

Max Overall Loss:6%

Trading leverage 1:100

Appreciate your support guys

[Joseph Yong]

Hi  Guys

Is support still available for FTMO App 6 month update?

Does FTMO app work on another trading platform other than MT 4 or MT5?

FTMO is moving towards DXtrade!

Your advised is appreciated.

Joe

 

 

[Author]

Posts