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

Community Forums Forums Ready-to-use Robots Prop Firm Robots Prop Firm Robots App & v6.0 – New Features Released!

Viewing 15 posts - 466 through 480 (of 520 total)
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  • #237077
    Alan Northam
    Participant

    Hi Pjilippe,

    From what I understand this is an issue can occur when your broker cannot place trades, an invalid symbol, or an account not set up properly. So, did you log into your MT4/MT5 with the master password and not the investor password? Also, some brokers have two forms of chart names, for example, where the chart tab shows on of these two names EURUSD or EURUSD.i (or some other name with a dot suffix). If your broker uses these two forms of chart names contact your broker to make sure which form you are to use. The first thing I would suggest is to close your terminal and log back in with the master password and make sure you are using the correct chart name. Then try to place a small trade manually when you know the market is open.

    Let me know how it goes!

    Alan,

    #237422
    Joseph Yong
    Participant

    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

    #237485
    Alan Northam
    Participant

    Hi Joseph,

    Max Daily Loss 234
    Minimum Equity 5646
    Maximum Equity 6363

    Alan,

    #238342
    Joseph Yong
    Participant

    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

    #238384
    Alan Northam
    Participant

    Hi Joseph,

    Those are extensions to the currency pair and are part of the name on the tab identifying the chart. You do not need to be concerned about them. When you add an Expert Advisor to the chart just use the normal symbol name such as EURUSD.

    Alan,

    #238393
    Philip Adjei
    Participant

    Hi, How to use the FTMO robot for a challenge with $90,000. On the app there is no provision for such an amount.

    Let me know any input changes I can make for  it to be suitable for the challenge.

    Thanks

    Philip

     

    #238396
    Alan Northam
    Participant

    Hi Philip,

    You can download the $10,000 robots and then multiply the Max Loss, Max Daily loss, and Profit Target by 9 in the robots properties box.

    Alan,

    #238402
    Philip Adjei
    Participant

    Hi Alan,

    thanks for your prompt reply very much appreciated.

    Philip

    #240432
    Sheldon Butler
    Participant

    Hi Alan i would like a refund please, what Petko states in his videos and what is given to us is way different we cant be out here testing and looking at every robot we asked for a reliable trading robot not one that cant close in profit cajn you please ask the support for my refund and i appreciate your help.

    NB;I would like my refund please

    I wouldn’t  recommend this to any one

    Thank you

    #240447
    Alan Northam
    Participant

    Hi Sheldon,

    Sorry to hear you are giving up. Did you know that 90% of traders never become successful? It takes time and effort to become a successful trader. Let me state “There are not any Expert Advisors that do not go through periods of stagnation (not opening trades for a period of time) and draw down (showing losses). Stagnation and draw downs are a fact of life the trader has to learn to deal with. The other thing I should point out is that ALL brokers or prop firms servers are somewhat different. One server can show an open trade during the week while another server with the same Expert Advisor may not show a trade for that same week. This is why I have come up with my own trading strategy where I test all the Expert Advisors for a week to see how they perform on the server I am using. By following my trading plan you will drastically increase your odds of being a successful trader. I encourage you to hang in there and learn to become a successful trader. You can communicate with me regularly and together we can get you to be a successful trader if you will put in the time.

    Also, let me state I have been trading since 1985 and I have made all the mistakes. Over time I learned how to become a successful trader. I just wanted to share this with you so you would know where I am coming from when it comes to knowing how to trade.

    Now about the refund. I am not an employee of EATradingAcademy. I am an independent trader and live in the United States. I am contracted to moderate the forum. Therefore, I do not have direct communications with the support team. To ask for a refund please contact [email protected].

    Alan,

    #242844
    alison35
    Participant

    The release of the FTMO Robot App v6.0 with its new features marks a significant milestone in trading technology. Traders can now access enhanced tools for smarter decision-making and improved efficiency. This update reflects FTMO’s commitment to empowering traders with cutting-edge solutions, fostering better trading experiences and outcomes.

    #243609
    Gregor Cieplak
    Participant

    Are you sure that all Prop Robots works correctly? I am testing all of them on demo account  and in last three weeks I noticed loss about 5 %. On my life account I use only 8 best from last week and month. And I have only three of them in profit. The best results are with XAUUSD M15, but all EAs don’t meet my expectations and your promises. I think they require updating to current market conditions.

    #243695
    Alan Northam
    Participant

    Hi Gregor,

    The best way to determine which robots to trade is to look at them with the Y1 selected. This will show you how the robots have been performing over the last one year. Notice the robots go through periods of stagnation and drawdown. What you also want to look at is the overall trend line. You want to concentrate on those robots that have an upward sloping trendline. Next would be to see how often they trade by looking at the “Count of Trades” You can now divide that number by 52 to see how many trades are taken in one week. Next look at the upper right hand corner of the chart for each robot. What you want to see is the trendline moving in an upward direction. These are the robots you would want to select for trading as they show current profitability. Right now I see XAUUSD M5, XAUUSD M15, XAUUSD M30 that meet the criteria. I also see EURAUD M30, USDCAD M5 moving in a sideways direction or stagnation period. Eventually these robots will most likely continue to trad in a upward direction so I would watch this one one a daily basis. If it starts to move higher then it would be a candidate for trading. I also see AUDUSD M15 has most likely completed its drawdown and is starting to move upward. As soon as this robot makes a new higher high it will become a good candidate for trading so I would also watch this robot on a daily basis. Hopefully is gives you a good idea on how I would select these robots for trading. Keep an eye on each robot on a daily basis and when the robots start moving higher or has made a new higher high consider them tradable candidates. Also with the robots you decide to trade watch them on a daily basis and if they start to move lower like AUDCHF M30 or GBPAUD M30 I would close out any open trades and replace them. Hopefully, this description will give you some good ideas on how to trade the robots.

    Alan,

    #244909
    alison35
    Participant

    The FTMO Robot App has released version 6.0, introducing a host of new features. From enhanced trading algorithms to improved user interface, this update promises to elevate trading experiences. Traders can now optimize strategies and navigate markets with greater efficiency. Don’t miss out on these innovations

    #244919
    Marin Stoyanov
    Keymaster

    Hello traders,

    So, we’ve set up the Prop Firm Robots on a $100,000 challenge account with Infinity Forex Funds, and we’ve selected the top 5 robots from the Prop Firm Robots App with High-Risk settings and from the Weekly timeframe. It has now reached a 5% profit, and we’ve scaled it from High Risk to Higher Risk, which means doubling the lot size of the High-Risk settings. You can check the image below for more information on the performance.

    Prop Firm Robots Top 5 High Risk
    Here is the link as well so you can see even more:

    https://www.fxblue.com/users/ftmorobottop5hirisk

    Kind Regards,
    Nikos

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