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Hi Petko,
Thanks for your reply.
It seems that I can’t load the MT4 indicator into FSB Pro unless it’s coded in #C
I don’t know what that is – I need a programmer to convert the file?
Jie.
Hi Roman,
Sorry, I should have realised that my description of the Quater was any period back 3 months from the beginning of the month from where I’m testing. I just look at the results from where I am, not the exact definition of the true Quarters. Yes, you’re correct in saying that the backtesting of each Quater begins each month based on the FXBlue reports.
Just to clarify, the EA needs to have made at least 300 pips within the last 3 months to qualify a placement in the live account.
Jie
Hi Bart,
I’m able to keep so many EA’s on my computer because I open multiple demo accounts. Each demo can only hold 99 charts, so each month I need to open a new account.
Let me know if you need any help in copying the accounts and I’ll post a web link you can watch how it’s done.
Jie.
Hi Guys,
I couldn’t agree more with Petko and the “3 points” he makes regarding results.
As a conclusion to my opening statement in this post, not so much regarding the money value of the results (profit or loss) but about the EA’s and their longevity. I’m running 1386 of the 99 EA’s provided by Petko in the monthly updates continuously. Each of the 99 per month have their own FX Blue account for analysis. I have 14 demo accounts and create a new one each month – are here’s what’s happened.
Not even ONE of the accounts is in profit, but the losses are minimal.
So, as time went on I realized that what Petko teaches is absolutely correct (funny that) The market changes continuously and the 99 EA’s have no chance to keep up. BUT within the 99 each month are hidden gems and we need to only use those ones. So, I ran the results of each demo since the beginning of their life and chose the only the top Net Pips performers. Guess what? kept on losing money, why? because the back testing time was too long, and the market changed. So, I shortened the filter period to the last 7 days. No good, too short. I’ve now filtered the report to show the best Net Pips in the current quarter. Result – magnificent.
Last quarter filter is not too long that the market changes so dramatically and not too short that there’s not enough performance history for the EA. So what I’ve done is drawn a line under any EA that generates 300 pips or more within the last 3 months. Those EA’s then qualify to go into their own demo account for testing. The results are the best I’ve ever had , quite unbelievable and I’ll be loading them into my live account on the 1st June.
I bought an old laptop (refurbished) from eBAy for $80 and only have the demos accounts on it and run it continuously. This is the only way to assess the true profitability of each EA. The EA’s Petko provides us with each month are brilliant. I’ve not been able to beat them with my FSB generated ones as yet.
So, I hope this gives an insight from another traders angle and thank you Petko for the great site, education and most of all the monthly 99 EA’s
I will keep the forum updated with this strategy.
Jie.
All good, found them under “Local Repository”
Not sure why the collections tab is blank,, but they turned up
Jie.Hi Guys,
Any idea why Collections are not showing? – actually, the tab won’t show anything yet are showing under “collected” at the bottom of the page.
Jie.Hi Petko,
I’ve just finished watching the course EA Studio on AUD/USD which is great.
Will you be releasing something similar which shows step by step using FSB Pro?
Jie.Hi Petko,
Firstly, do all of the EA’s you release have a unique number or are they duplicated from month to month.
Also, some of the courses are not updated with the Jan releases in Udemy (eg EUR top 10 still showing Nov) or are they listed somewhere else?
Thanks.