Prop Firm Robots App & v6.0 – New Features Released!

[gabiscriba]

Thank you so much.

I also have this message and I don’t know what the difference is compared to the previous one
USDCAD.r: history synchronized from 2020.01.02 to 2023.12.29

[paul4x]

Hi,
Yes thats my understanding, i am finishing my 2 week trial on the 8 tests pairs this week.
Then from there i should be using the top 3 going forward on a challemge.

However we need to keep the demo going to monitor the pairs as they can change weekly.

[ochoanel]

I have a week and none have closed with three open operations it reaches $1000 and it returns to $0 if it lasts the week

[ochoanel]

If I close one but at a loss I have minimum risk configured and it closed with medium risk I don’t understand

[Alan Northam]

Its the time period start to end you entered into the settings.

Alan,

[Alan Northam]

Hi ochoanel,

Sorry, I don’t understand your comments and what you don’t understand.  Please provide explanatory detail.

Alan,

[ochoanel]

I bought the bot a week ago, it opened 3 operations and not taking prifit, it reaches $1000 and then drops to $0, the operations only wait for it to reach the TP or SL, it does not lower the SL to ensure profit

[Alan Northam]

Hi ochoanel,

Got it!

I started demo testing the FTMO V6.0 robots on 01/08/2024 Monday.  So far I have had 3 trades close all at a loss.  I will continue to test the robots for the rest of the week.  I will then look at the closed trade results.  If I can find one robot that closed with a profit and had at least 3 closed trades I will start trading it next Monday.  If not, I will continue to test the robots.  Each day I will look at the results of the number of closed trades with a look back period of 5 days.  When I find a profitable robot with at least 3 closed trades I will then start to trade it.  This is how I test and trade the robots.  I don’t pay much attention to the MetaTrader charts.  What I look at is the daily results as tabulated in FXblue.

As to why not use a trailing stop, Petko has found that using a trailing stop does not improve the long term performance of the robots.

Alan,

 

[Gary Wenger]

If I have a larger Prop Account of $500,000 how would I utilize this new setup when it only goes to $200,000 as the maximum?

[Alan Northam]

Hi Gary,

Watch the video by Petko as he explains how the FTMO app calculates the settings for a particular account size.  You can then use this info to calculate the settings needed for your account.

https://www.youtube.com/watch?v=5EWNP9L2q5U&t=1s

Alan,

[ochoanel]

ok thanks I’ll keep trying

[Alan Northam]

I will keep you updated on my progress.

Alan,

[Kasnecijoseph95]

My Ftmo Robot 6 month Trial was purchased and my order Number is 220946 and my account ays i have zero active orders PLEASE PLEASE ASSIST ME I NEED HELP UPDATING MY BOT TO 6.0

[Alan Northam]

This is a support issue.  Please contact [email protected]

Alan,

[Alan Northam]

HOW TO TEST AND TRADE THE FTMO V6.0 ROBOTS

https://community.algotradingspace.com/forums/topic/how-to-trade-the-ftmo-v5-1-robots/#post-219413

Note:  The link was written when FTMO V5.1 robots were published but it applies to all FTMO robots!

Alan,

 

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