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Hi Andreas,
The lot sizes won’t be divided. Each EA runs independently. Once you install the EA onto it’s corresponding chart, you need to load the set file for the specific asset and account size. For the demo, let’s say you have a $100K account with the 8 EAs all on the platform, on 8 charts, run set files for the $10K. Each set file is specific to the asset, including entry lot sizes.
Ilan
Hi Pranav,
This is probably due to the broker. Try running a backtest with a few brokers, and compare results.
Ilan
Hello, Petko already passed the $200k FTMO challenge, you can read more about it here.
We have other users who also passed challenges with the EAs.
Hi,
Is it best to leave this robot running through December, or would you recommend to disable it mid December and enable it mid January?
Thanks,
Anthony
Hi Anthony,
This is a personal decision. Here is my take on it. EA’s created by EA Studio, FSBpro, or ExpressGenerator, create their strategies based upon the total length of the backtest. This backtesing period normally lasts for 1 to 5 years. As such, the strategies are created based upon the market performance over this time period which includes all holidays. In other words, the holidays are baked into the long term performance of the EAs. Now with this fact in mind, sometimes you might gain a little short term profit by trading through the holidays and sometimes you might lose a little. On which holidays you will gain and which you will lose is an unknown. In my opinion, over the longer term they will all average out.
This same analysis applies to economic news events!
Based upon this analysis, I let my EAs trade through holidays.
However, it is my understanding that Petko does not trade during the last two weeks of December.
Alan,
No problem!
To carry the analysis further, there are certain hours of the trading day that are better to trade than others, and there are certain months of the year that are better to trade than others. So to not trade during just a single two week period of the year and continue to trade through monthly economic news events, hours of the day where volatility is low, and months when trading is not a good as other months, makes no sense to me. In my opinion, it is better to trade all year long and just let all these periods average out over the year.
Having said this I recognize that traders have their own opinions and this is what makes trading possible.
Alan,
Similar case for me. I bought the 8 of them during this weekend. Now all of them are active but only 2 of them working. I don’t know what is going on or if something is setup wrong.
I have one open trade from 11/21, one open trade from 11/23, and 2 open trades today 11/27.
I have had two closed trades today 11/27.
Alan,
Dear All,
would like to seek for advise on the FTMO EA V5, is it normal to have such floating loss with 2-3 pair almost hit SL .
last week got 1 trade EURUSD buy at first but it reverse then the EA reverse to sell trade it profit for 1.5K but end up the price reverse and hit SL.
i just use the set file by each pair.
i worry it might hit SL on all these trade then i will blow another account.
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