Prop Firm Robots: Errors and Solutions

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Viewing 15 posts - 601 through 615 (of 784 total)
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  • #258277 Reply
    Faisalaldoseri
    Participant

    In the symbols there is only one USDJPY and i attached it already

    #258361 Reply

    I see. Can you try to compile the EA?

    Kind Regards,
    Nikos

    #258362 Reply

    Hey Embi,

    Can you please explain more on that or maybe provide screenshots of the issue?

    Thank you!

    Kind Regards,
    Nikos

    #258573 Reply
    Faisalaldoseri
    Participant

    No still

    #258682 Reply

    Alright. Can you try to download the EA again and try?

    Kind Regards,
    Nikos

    #258767 Reply
    Jordan Miller
    Participant

    For some reason the ea is opening duplicate trades on usdjpy and eurusd it wasnt doing this before i got the vps what can i do to prevent this from happening

    #258781 Reply

    Hey Jordan,

    Can you please share a screenshot?

    Thank you!

    Kind Regards,
    Nikos

    #259229 Reply

    What do you mean by Trading Strategy I thougnt the bots used a backtested strategy. I know how to trade but I didnt think we would be using a strategy with the bot and how would we go about using technical analysis with a bot I know how to use TA when I am manually trading using indicators support and resistance Price action etc but how does that work with a bot?

    #259895 Reply

    Hey Derek,

    You need to test the robots in demo first to see their performance and then set them in a challenge if you are happy and believe that they will perform well.

    And with that, you do not need manual trading here, it’s all automatic once you set it.

    Kind Regards,
    Nikos

    #260380 Reply
    Mihajlo Jovanovic
    Participant

    I downloaded the robot for the 10k account but the robots are not working how to fix it?

    #260395 Reply
    Marin Stoyanov
    Keymaster

    1Hello,

    The forex market is open 24 hours a day during weekdays but closes on weekends. Because this market operates in multiple time zones, it can be accessed at any time except for the weekend break.

    That being said, please check the Journal and Experts tab for any errors messages that might help to identify the problem and post some screenshots here so we can assist you if there are setup issues.

    #268654 Reply
    Marin Stoyanov
    Keymaster

    Hi guys,
    I wonder if you could tell me where I am going wrong please?
    I am testing the prop firm robots on a demo account and am getting very different results to what you are showing.
    Last week I used the USDJPY M15 #2013751115 and it said that it had 15 trades with a profit of $8 165.
    It ran for the week and I made a loss of $4 408.
    I went to choose the top 3 for this week and it shows 15 trades for the same pair with a profit of $6 176.
    I was expecting it to show a higher number of trades and less profit.
    All the other account settings were the same and I am looking at M1.
    Would really appreciate your help as I need to be sure of the figures you are displaying.
    Much appreciated
    Steve

    #268957 Reply
    Marin Stoyanov
    Keymaster

    I am in the same boat using the top robots shown on weekly chart and literally every trade is a losing trade I have nearly blown nearly two accounts using the tope robots. It worked for  about two weeks with this strategy now today I checked and it shows on Weekly these are the top assets to trade according to the Prop Robot App: XAGUSD M15 #1637565497, EURJPY M15 #1446236375, XAGUSD M15 #57633752. Today for XAGUSD M15 #1637565497 I am down $-520. I looked on my trading history and it shows 4 of my trades all of them hit TP but all TP in a loss!! I set my parameters as follows its a $200k account 3% max daily loss and 8% ($16,000) Target. Total max loss is 8% ($16,000). The 4 trades that took a loss were tiny scalp trades with very close TP near the entry price and all ended in a loss!! The trades are as follows: ALL were .26 Lot size for XAGUSD. Trade 1. SELL ORDER Entry price = 30.9617  SL = 30.9984  TP=30.9818. LOSS of $25.61. Trade 2. SELL ORDER Entry price = 30.6667  SL = 30.6995  TP= 30.6829. LOSS of $19.11. Trade 3.  BUY ORDER Entry price = 30.6207  SL = 30.5879  TP = 30.6045. LOSS of $19.50. Trade 4. SELL ORDER Entry price = 30.6592  SL = 30.6920  TP = 30.6754. LOSS of $20.15.

    #268986 Reply
    Marin Stoyanov
    Keymaster

    Why is the bot taking Profit in a loss EVERY SINGLE Time before my SL is even hit the bot changes the TP then takes a loss every time in a loss!!

    #268992 Reply

    Hello Steve,

    So, what is the broker that you are using?

    Kind Regards,
    Nikos

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