Prop Firm Robots: Errors and Solutions

[Michael Walsh]

Are you running a VPS for the issue, I ran my for a week without a VPS with no trades.  as soon as I put my account on the VPS it started trading

[James]

Its on a VPS.

[James]

thanks for checking.

[Nchele P]

Hi Alan,

I’m a big fan of EA Trading Academy, unfortunately your ftmo robot it doesn’t work and I’ve send you numerous messages trying to get answers, tried all the trouble shooting answers you gave, to this day no improvements at all. I’ve come to a conclusion that the robot doesn’t work for me as prescribed, kindly I would like my refund, please advise on the process. Thank you

[Alan Northam]

Hi James,

The question you asked at the beginning of this thread was “I have been running the robot for 4 days now and it hasn’t trade even once. Anything I missed?”. You then showed AUDCHF.pi – 1 sell & 1 buy @ m5 -$750 since January 1.2024.

I used the MT4 Strategy Tester on an FTMO Challenge to test AUDCHF V6.1 M5. It shows 16 trades over the last 30 days or about 1 trade every other day and a profit $784.49. So it looks like there is an issue using your broker. You can verify my results by testing the AUDCHF Expert Advisor on a FREE FTMO demo account.

Alan,

[Alan Northam]

Hi Nchele,

I too have not had any profit in the robots over the last two months. Sometimes, as traders, we will go through a protracted stagnation period, but as I have learned since starting my trading career in 1985, yes I am an old man, after the dry spell comes the rain. I am expecting some good profits in the near future. I am sorry to hear you giving up on the robots!

Please send your refund request to [email protected]

Alan,

[Nchele P]

What do you need from me for refund? How long does it take?

[Tanyeem gazi]

IT’S BEEN 2 MONTHS NO SIGN OF PASSING IN DRAWDOWN THIS BOT IS PERFORMING REALLY BAD AND YES I HAVE TRIED EVERY WAY PETKO MENTIONED

[Alan Northam]

Hi Nchele,

It took me several years to learn how to be a successful trader. What I have learned over the many years of trading is Patience. I wish you would stick it out and learn how to be a successful trader.

Just ask for a refund at [email protected]

Alan,

[Alan Northam]

Hi Tanyeem,

I too have been waiting for two months for the robots to start profitable trades. I have learned over many years of trading that there will be some extended periods of stagnations / drawdowns but I have also learned that after this period is over huge profits usually come. I am anxiously awaiting for the profits!

Alan,

[Nchele P]

Hi Alan,

You are mixing the two, ftmo robot is not opening trades that’s the issue, this has nothing to do with patience. All you need to do is to look into your EAs problem of not opening trades. I’m not the only person raising this problem, by now you can see this problem is common and your EA as advertised it doesn’t work with all prop firms that I can confirm.

NB: please I asked, how long does it take to receive my refund, you didn’t answer me on that question? Kindly advise.

Thank you

[Aretri]

Hello Alan.

Thanks for your support and attention.

I also have this issue. My 8cap broker, set on a vps, does not take all the trades that are sent. It is frustrating, because it is impossible to replicate the FTMO robot.

If I took a challenge on FTMO prop firm, would this issue be resolved? On my part, there does´nt seem to be much that I can do.

Thanks again for your support.

[Alan Northam]

Hi Nchele,

This chart shows I have two open trades in my FTMO 50K Challenge. As can be seen the FTMO robots do open trades.

For better clarity right click on image and click on open image in new tab.

As to how long it takes to get your refund I do not know the answer. You would have to ask that question when you ask for a refund.

Alan,

[anthony attwood]

I am having the same problem as above smiley faces all round but no trades

[Alan Northam]

Hi Anthony,

I have an FTMO Challenge with two open trades USDCAD and XAUUSD. Are you using FTMO another prop firm?

Alan,

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