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You should have received an email with the link and email. This should work. If not, maybe there is some cache on the OneDrive page that makes you see the old version. If that’s the case, try to delete your cache (closing then reopening the browser should do the trick or incognito mode)
What exactly doesn’t work?
HI OxBitpool,
When max spread protection is set to zero it means it is inactive. You can adjust it to an appropriate number of points so that the EA’s will not trade when the spread gets to wide.
Alan,
Hi David,
I am not a MAC user but try this. If you still need help let me know.
https://www.metatrader5.com/en/terminal/help/start_advanced/install_mac
Alan,
Hi Ruben,
With FTMO V4.3 for a 10K account where the first 4 lines in the EA properties box is set to 1.0, you should change all 4 to 0.33 lots. This will limit your risk to 1%.
Alan,
Hi Nicholas,
The FTMO EAs for v5 were created using EA Studio and not FSBpro. EA Studio does not provide the panel you are use to seeing only FSBpro does that.
Alan,
Hello Petko,
I have installed all 8 new EA’s from the newest version of FTMO released yesterday.
They were installed at 8pm EST New York Time and right now it is 13hours later. It has not opened any trades.
With the previous 2 versions of the FTMO EAs, trades would open within a few hours.
I did not install the SET files. I only opened them to get the number of lots for each EA and input them manually.
Do I need to install the set files? If yes, could you teach me how?
Thank you,
Ling
Hi,
I’m considering buying the FTMO EA. One question. If I ended up trading the top 3 performers on a 200k FTMO challenge, would I need to reduce the lot size down from the recommended 6 lots? In other words, each EA gets 2 lots making a potential max of 6? Also, is the equity protection based on floating equity? And would it take into account all 3 EA’s installed?
Thanks,Hi Ling Pan Ren,
You did everything correctly, just give it more time and you should see some trades develop.
Alan,
Hi vinnysvinyl,
Risk is based upon the account balance. You will need adjust the lot size to the amount of risk you are willing to accept for each EA such that the overall risk to the account will not cause your account to be closed out. It is recommended that you limit the account risk to 1%. With FTMO v4.3 EAs you can divide the 6 lot limit evenly between the EAs you are planning to trade. However, with the new V5 EAs you will need to set the lot sizes based upon each EAs SL.
Alan,
Hello all
I would just like to ensure I have clarity on the process.
- Open FTMO free account
- Install all 8 EA’s and ensure they have blue hats (I have done this and one trade opened so far, so all good it seems)
- Link to MyForex account and monitor
- I let the 8 EA’s run for 2 weeks on the free account
- Then select the that did the best and run only this ONE EA on my actual funded account until passed.
- Follow the scaling up rules
Do I understand this process correctly?
Another question, I have my EA’s running on a 50K account since this is what I am aiming for. BUT. Once I have identified the EA that is profitable within the next two weeks, can I then run this on a 10K account first to do a “live” test before spending the bigger money an a 50K account. Does this make sense or would you guys suggest another approach?
Thanks all!
Hi Nicholas,
You understand steps 1 – 6 correctly. You can run the top 1 EA or even the top 3. If you decide on the top 3 you need to adjust the risk so the risk to the account is limited to 1%.
The idea of testing on a 10K account and then moving to a 50K account is a good idea.
Another strategy would be to first test in the 10K account and then move the best performing EA’s to another 10K account. This would give you a chance to learn how to increase lot size and see how the EA’s continue to perform. If you blow the account then you haven’t lost so much. Once you feel confident running the EA’s in the second 10K account then move them to a 50K account.
Another strategy you could just open the 50K account set your lot size to a small size such as 0.01 lots so you won’t do any harm to the account. Then once you identify the best performing EA you can add that EA to a different chart and change its magic number. This way you can still monitor the performance of all EAs because they will all have the same small size lots. This approach would save some money. Hope this is clear!
Alan,
Hello team,
First of all. I can already see how this new Version 5.0 robot is going to do so much better than its predecessor.
As you know, I am a big fan of Petko’s scaling plan. I think it is simply genius.
I would like to ask, since you guys have been testing Version 5.0 for a little while:
1. What is currently the currency pair with the most “2 or 3 trades consecutive winners”?
2. Is Petko still advising to use his scaling plan with currency pairs that have a 1:3 or 1:4 loss to win ratio?
Since it will take a long time to get enough trades to have a good sample due to the higher accuracy of these new robots, would you guys be so kind to share the winning percentage of these currency pairs? I know, just like Petko said, backtesting is hardly accurate and I don’t trust it because I have done it and it gives different results than my real time demo account testing.
Thank you for all that you do.
Ling
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