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I also understand the same thing, as on the app we can see the top performers overall from the last 5 years.
I understood that you can see the performances of the robots from the last week directly on the chart of each individual robot. It is the new function of version 6.0. And you set your own top.
Correct me if I’m wrong.
Chris,
> Has anyone personally backtested the files? I am getting quite different results than the ones in the AppI tested the FTMO Robot on the FTMO MT5 to examine the issue you have reported.
The MT5 vs EA Studio backtest differs slightly for the old data, but it is almost equivalent for the newest one.
Here is a backtest comparison for 1 year.MetaTrader has problem with the spread of exported historical data. I assume they average it in some way. The spread is especially broken for the older data.
Anyway, even even for 5 year period on M15 the count of trades matches and the backtest line shape is pretty close. Most probably the discrepancy comes from the exported spread and from the difference in the Account Exchange Rate. (The strategy works on EURAUD, but the user’s account is in USD. It means that the strategy profit must be converted from AUD to USD. EA Studio and FTMO app use the latest AUDUSD price for the conversion.)
Historical Data
Backtest Comparison
Hi Popov,
I tested a robot from the FTMO App, compared it with EA Studio, and received different results:
Alan,
Hey Alan,
The backtest is the same. There is just one order difference.
In the FTMO app, there is a newer version of data horizon compared to EA Studio. We used 1825 days, which is 5 years.
In EA Studio, we set the date, but when you do it, it loads data from the beginning of the day (00:00).
However, in FTMO Robot app, 5 years from the time of calculation (now) which is not from 00:00.
Here are the backtests:
Please, check your symbol settings, and try the the default from FTMO Server Data. Just reset the settings.
Hello Sammy,
petko reccomends to use the best perofrmers of last week.
There i can only see the best performers of the 5 years.
BR Luce
Hello gabiscriba,
yeah i know this feature.
But the thing is people wanted to know the best performing pairs without having to run the bot on an VPS or on their pc 24/5.
BR Luce
Hi Luce.
This is only if you don’t want to use a VPS at all and run the bots on your personal PC, open 24/7.
But if you use VPS, in addition to your challenge account on which you run the top 3 performers, you also run the FTMO trial account with all 8 robots.
At least that’s what I do. The VPS costs me 8 euros per month, which seems very ok to me.Hello, I am still unable to access the V6.0
Asked me to purchase a plan. I used a new browser and had emailed the support as well.
Yes, this is the new feature that you see the performance directly on the chart so you do not need to link your profile to FXBlue or Myfxbook.
@Luce – yes the data is from last 10 years for Top 3 (or Top 5). The idea of this app is that we need to put some effort to find out what worked in the last week for Top (out of those 3 EAs) for our prop firm/broker. Their performance can be different between two. Is it not strictly design for FTMO Prop Firm, but design for all prop firms. We need to find which are top one form last week will work for our challenge. I myself testing it for Instantfunding as their capital allocation is $600k which is higher than other Prop Firms.
Hi Luce,
I would pick EURAUD and/or XAUUSD. Why? When I look at the top right corner of the charts I see the balance/Equity line moving upwards. This means these two pairs are currently profiting. When I look at all the other pairs I see they are all moving sideways or slightly pointing downward. I would not want to trade these pairs as they are not currently generating profits.
Alan,
Hello everyone.
This is a post for both users and moderators.
I’m trying to find the best setup option to use the robots on a live account.
I have 4 topics that I want to mention.First topic:
I tested V5.1 and V6.0, with the same parameters, on an FTMO trial account. I tested 2021, 2022 and 2023 separately and here are the results I got.
The parameters I used are not important, but I used 0 spread and News filter on. I will give you the results so you can understand the differences.
2021 – V5.1 – 1610 profit
– V6.0 – 7600 profit2022 – V5.1 – 15121 profit
– V6.0 – 20485 profit2023 – V5.1 – 7440 profit
– V6.0 – 13130 profit
As you can see, V6.0 is much more profitable in all 3 years.Second topic:
From my tests, with exactly the same parameters, Gold produces much less profit in V6.0 compared to V5.1. In 2021 the profit is almost the same, in 2022 V5.1 produces double the profit of V6.0, and in 2023 V5.1 produces more than double the profit of V6.0. If I’m not mistaken, V5.1 is more profitable than V6.0, right? Maybe XAUUSD V6.0 needs some improvements or should we still use V5.1?
With USDCHF the situation is different: in 2021 both versions have the same profit, in 2022 V6.0 has a much higher profit, and in 2023 V6.0 has a much lower profit. So if we were to use the 2023 results, it would be more appropriate to use V5.1. Or depends, we don’t know what will happen in 2024.
But with all other pairs, V6.0 is definitely more profitable.Third topic:
I did various combinations between news filter off/on and Spread 0/30, testing all 8 robots version V6.0 with the same parameters, for the whole year 2023. What I could observe.
At spread 0, the results are identical on all pairs regardless of whether the news filter is disabled/enabled.
4 pairs have identical results at spread 30 as well and regardless of News filter.
But I obtained a higher profit on 3 other pairs, if I set News filter On and spread 30, but with slightly fewer trades. EURAUD gained more profit with 0 spread, with only one more trade in a year.Fourth topic:
After all these tests, I am inclined to believe that during a whole year it is much simpler to permanently use all 8 robots at the same time. With very low risk, of course.
Maybe I’m wrong, but I’m inclined to believe that we’ll have more profit and less wasted time if we don’t constantly follow top performers.Please if there are other users who have had similar or different results.
I ask the moderators to tell me (or us), what is correct and what is not correct among my results and what advice they have for us regarding these topics.
Thank you very much.Hello Gabiscriba,
> … regardless of whether the news filter is disabled/enabled.
The News Filter accesses news information for the current and future days. It does not have data for past events. For that reason, it is used only during live trading.
The News Filter does not affect the backtesting performance of the robots.
> After all these tests, I am inclined to believe that during a whole year it is much simpler to permanently use all 8 robots at the same time.
The robots have different performances on unknown data. It is probably wiser to test them on a demo and to see which one works best in the current market conditions.
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