FTMO Robot V5.0 is Live!

[0xBitpool]

Hey Petko! Let’s say that I want to put all the robots on my trial account. Do the lot sizes from the set files need to be changed? Or the lot size in the set file is only valid if I use only one bot?

[0xBitpool]

Quick math. Let’s take for example EURUSD on a 10K account. Lot size from the set file is 0.37.

I want to put all 8 EAs on my account for test purposes.

Should I then divide that lot size by 8? And then consequently set the new lot size to 0.37 / 8 = 0.0426 ?

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Same logic for the top 3 performers? In this case EURUSD would have a lot size of 0.37 / 3 = 0.1233 

Does that scale like this?

[Alan Northam]

Hi OxBitpool,

That is not going to work with the new FTMO EA’s as the SL sizes are different for each EA.  Petko is suppose to send out a notice as to how to set the SL for each EA based upon different lot sizes.  I haven’t seen that as of yet.

Alan,

[0xBitpool]

Gotcha! Another question: now that the “account percent stop” and “stop trading at min amount” options are gone, how are we supposed to set this up?

My guess is that the “account percent stop” is now internal and that we should use “min equity protection (currency)” like the former “stop trading at min amount” but I may be mistaken.

[Alan Northam]

Minimum Equity Protection!  You can manually adjust this as the account gains profit to limit maximum drawdown.

Alan,

[0xBitpool]

Gotcha again! So for a quick example: my FTMO 10K account is currently at $10,099.40 equity, and today’s permitted loss is $553.16 (as per FTMO dashboard), so I’ll set the Minimum Equity Protection at 10099.4 – 553.16 = 9546.24 that I will round up to 9575 to be safer.

And I’ll check again tomorrow to update the setting if needed.

[dusktrader]

Super exciting and thank you for the efforts Petko!

I am currently demo-trading the v4.3 bots since this week. They are performing well! But I don’t have enough FX Blue data to make any determinations yet.

My plan will be to upgrade everything to v5 today.

If this was an actual upgrade of live trading, I think I would have to think more about the best way to convert. For example, should I let all the v4.3 bots close their positions before replacing? Or should I just kill all positions and let the new bot start fresh.

[Nikolas Coluzzi]

Hi Petko!I purchased the FTMO Robot yesterday. Am I eligible for this update? Thanks in advance.

[Alan Northam]

Yes, check your download folder!

Alan,

[0xBitpool]

Wait I’m confused about the max spread protection option. I used the set files but I see that it is set to 0. With version 4.3, it was set at 30 points. Shouldn’t the V5 option set to 30 points too? What does it mean if it is set to 0?

[David kibirango]

Hi this is urgent i sent an email to support yesterday after buying my challenge with ftmo and a robot to help me pass the challenge but unfortunately i cannot set up the robot on my macbook air and i need help but i have not got any response yet, pleaase i need help

[Ruben Alday]

Hi Petro

You should record a video how did you setup lot size to pass a challenge of 25K.

What lot can we use for 10K as for default is setup on 0.10

Thanks

PS I have FTMO for 6 months and I have never passed a challenge. All my backtest where in drawdown. And I still believe that something wrong I am doing cause if you can pass the challenge maybe I need more education setting up bots.

[Nicholas Coyle]

No Display Panel on the 5.0?

[Alejandro Quesada]

The link and password provided to download the version 5 of Robot is not working for me.

I need help to download it.

Thanks.

 

[0xBitpool]

Nope

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