Prop Firm Robots: Errors and Solutions

[Ruben Alday]

The same as some above traders, the FTMO ea does not take any trades; I set it up according to videos. Please advise. Thanks

[Alan Northam]

Hi Ruben,

I see you just installed the FTMO EA on Oct 11.  The FTMO EAs don’t necessarily place trades everyday because of the M30 filter.  Give it another day or two and you should see a trade being placed.

Alan,

 

[Gary Wenger]

What is the minimum number of bars that are needed for the M30 filter to work properly? My demo account only provides 30 days of history on the M30 chart. I tried holding down the home button and it did not make any difference. Is there something else I can do to add more data for the M30 timeframe?

Gary

[Alan Northam]

Hi Gary,

Go to Tools>options>Charts

Then go to ‘Max bars in history’ and fill in the white space with 999999999999999

Then go to ‘Max bars in chart’ and fill in the white space with all 999999999999999

Then go back to chart and hold down HOME key and see if you get more data.

If this does not work then you will need to add premium data to the chart.  Let me know how it goes!

Alan,

[rodwick solomon]

can someone tell me why the robot has not made any trades with my settings? i have these disabled notes in the journal section and no codes under expert.

 

[Alan Northam]

This is most likely an issue with your broker.  Try a much smaller lot size.  Also, does your broker allow auto trading with EAs?

[rodwick solomon]

yes broker allows EA’s

[Alan Northam]

Good!  So maybe there was a reason your broker wouldn’t allow trades to be taken at that time.  Maybe wait and see if it will take trades in the future.  I would close your computer and restart it and then see if it will start taking trades.  There is nothing wrong with the EA and it looks like it is installed correctly so the issue has to be with the broker.  Keep me posted!

[Diego Del Castillo]

Hi, I purchased the FTMO robot and tried it for 1 week in a demo account with good results. Then I attached it to my live account and it’s been 36 hours and not 1 trade even if the market has provided opportunities. My broker uses a suffix BTW (EURUSDx) I am thinking that could be it…also my journal shows no errors upon loading…. Please help! Using EURUSD only…

[Alan Northam]

The suffix is just the name of the chart and has nothing to do with the chart history data, so that is not the problem. As long as the EA has been properly attached to the chart it will open a trade. I have seen the FTMO EAs not open a trade for two days. So hang in there the EA will most likely open a trade soon.

Alan,

[Diego Del Castillo]

Thanks for your answer. I’ll excessive patience. It’s just strange that on the demo account it even opened up to 2 trades a day and now…nothing…

[Lee Wagstaff]

Are the charts loaded. on mt4 i have to load them twice as the first time it will say loading bars.

[Alan Northam]

Is the demo account still opening trades?  Does the demo account and the live account use the same broker?

[Trinidad Simmz]

I’ve been running the 7 FTMO ea’s on an mt4 demo account for 6 days now, my aim was to track the results on FX Blue as I do for all my EA’s.

However none of them have entered a trade, and this is weird to me. I was thinking maybe the EA’s are just stagnant for long periods at times. However, after seeing some other reviews/results from people on YouTube/ blogs, it seems the EA’s are normally fairly active, (including this last week based on what I could gather)

I think between the 7 currency pairs- there is surely enough volatility for at least one trade on any pair to trigger. So Im wondering if there is something I have done incorrectly.

To ensure I remove any potential issues I did the following;

All data bars from M1 & M30 was loaded first,
Ive used 3 separate MT4 terminals,
Tried 2 different demo accounts,
Tried 3 different Brokers (Eightcap, Foreign Clearing House, Oanda)
Tried both M1 and M30 windows open

Auto Trading is ON, (both in the options and on the main interface window)

MT4 terminal is functional as I have other EA’s that enter trades,

The MT4’s smiley face confirmation is active on all the FTMO Robot pair windows

No errors in the Expert section of MT4

Acc sizes: 10,000k & 100,000k

The dates tested since purchase so far was the 18th, 19th, 20th, 23rd, 24th and today the 25th of Oct.

Can anyone using the FTMO robot confirm they had entries during these dates??

I would appreciate some guidance, as maybe I have done something wrong.

[Alan Northam]

Based on MT4 Strategy Tester backtest of EURUSD on live FTMO account from the 18th until today there were 16 trades. I am not using Petkos FTMO EAs on the live FTMO account. I am using my own EAs. So all I can say is that backtesting with Strategy Tester shows there were 16 trades.

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