21 Day Program: General questions

Hi Duane,

Thanks for your concerns.

Petko has a Facebook page and is on Youtube:

https://www.facebook.com/eaforexacademy/

https://www.youtube.com/channel/UCdJ3OOOoIyEy3SabxKbrPaw

However, the forum is a concentrated place where traders can get together and discuss their problems and experience.  This keeps the place where traders get together from being fragmented all over the internet allowing all traders to see all traders questions.  If some traders posted over here and other traders posted over there then you may miss some of the issues facing certain traders unless you scoured all the sites.  This doesn’t make sense.  Why have some traders posting on this site over here and others posting on this other site over there.  Why not bring all traders to one place to discuss their issues and experiences.  This is what the forum does!

Hope this helps,

Alan

Hello Everybody,

First of all I’d like to thank Petko for designing this very informative and helpful course. I have a few questions to ask.

Q.1    I have generated many strategies on the generator and I currently have them running on my demo account on MT4. Let’s say I want to stop all my strategies from trading so I disable Algo-Trading. What happens to all of the current standing orders that the EAs haven’t yet finalised? Will they auto finalise when they reach their stop-loss / stop-profit or will I just have open orders on my account indefinitely?

Q.2. Petko has said that MT4 can run up to 100 EAs on one terminal. What about running portfolio EAs? If I have 10 portfolio EAs running on 10 separate charts, with 10 EAs in each portfolio… does MT4 count it as 100 EAs or 10 EAs?

Q.3 This question is somewhat similar to Q.1. After a few days of running 60 EAs, my demo account has generated a net profit of about 300 euro. However, my EAs are constantly buying new equity in order to sell later, so I am actually at a loss of 400 euro. What can I do to make the EAs finalise all the trades when they seem fit without them opening any new trades? So if it was a live account, I could withdraw all the profit I’ve made.

Q.4 This is a question regarding hardware. I am using Forex VPS. I am running a VPS with 3GB of memory, 2 CPU cores and 80GB of SSD disk space. If I have multiple MT4 terminals open and I max them out with 100 EAs on each, how many operating MT4 terminals would my system be able to handle? What does MT4 actually use in order to function, Ram or the CPU or both?

Q.5 The generator on Expert Advisor Studio calculates strategies much faster on my Mac than on the VPS. Which piece of hardware impacts the generator’s performance? I’ve also noticed that it calculates strategies faster when you actually have the window open. If I log out of my VPS, would the generator keep generating them at the same pace or slower, as if I have the window closed?

Thank you Petko and anyone who answers my questions.

Hello Alan,

Thank you very much for answering the questions. Yes, you understood Q.3 correctly :).

Kind Regards,

Daniil

Unfortunately, when I tried to make my 20 minute mentor session for the program I ran into technical problems and was unable to connect.  My apologies.  So I still have questions.  1.  I created some great bots with EA studio and put them on a demo account.  However, they are not taking any positions.  When I back test them for the same period they have been on the platform it shows that they took positions.  I have checked everything.  Mt4 says they are working and I understand the process clearly.  I am not having problems getting other bots to work, I have them on several demos.  This also happened for some of Petkos bots like the set of three portfolio EAs that he had us download and run in the course.  I had them on a demo for more than 2 weeks and they wouldn’t take a position, but they would backtest.  Any ideas on what might be causing this? I really want to resolve this as these are the best algo’s I have come up with that are geared specifically to current market conditions trading in the U.S. and the backtests are excellent. 2. What happens when you manually interrupt an algo trade?   If you close a position opened by a bot does it cause any problems?  Does anything particular need to be done to avoid issues?  I have been letting the bots go and not stopping them, but I have manually traded for 5 years and see times when I am checking on trades that I should intervene to minimize loss and maximize profit.  Any clarification on this would be great.  3.  Can you upload an EA that was made on EA studio back onto the program and test/manipulate it further?  I hadn’t gotten to that point yet.    Thanks

Hello Alan,   I have all of my demos on their own mt4 platforms running on a VPS system so that they never shut off.  All of the EA’s that are not taking positions have smiley faces.  I have tried everything I can think of.  I removed and reinstalled them and checked all of the inputs.  I can’t find any reason for them not to work.   Do you have any other possibilities? Thanks, Robert

Hi there,

I am currently have a few EA’s setup on a demo account and have moved the top performers to another demo account to test out “live” conditions. But I have come accross something which I am hoping can be explained here.

In the demo account EA #82631093 is the top performer and I moved to the demolive account once it passed the criteria of over 4 trades and 1.2 profit factor. I then monitored for 1 week.

After 1 week the results showed that the EA had placed 2 trades both losing. But when I check the stats in the demo account it shows it is the top performer winning 7 trades, losing 1.

So not sure why the EA on the demoliveaccount has placed 2 losing trades, but on the main demo account only 1 trade has been lost? I have checked the currency pairs, charts and everything is the same.

Any help would be appreciated.

Thanks,

Hi Alan,

Thanks for your reply.

The live account isn’t actually a live account, it is a demo account which I am treating as a live account so should use the same servers as it is still a demo account.