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Hi guys I just joined and set up the FTMO ea’s with the set files. Wondering if anyone has updated results; which pair/s are performing for you?
Nice one Luke.
I am still testing V5. It is 50 50 my end. Still running on a 200k demo.We should set up a Discord Group.
Maybe share additional info etc.Hello Team FTMO 🙂
I think a Telegram group is a great idea. We can continuously share best results. I recently joined, on the 9th of November. I have been running V5 on a VPS since then. Just makes sense to me to have a VPS, running my own PC all the time is not feasible, also execution times on the VPS are MUCH faster.
Since I activated the EA, V5, my results have been as follows:
Three closed trades:
EURUSD x 2: Both in profit
AUDUSD x 1: loss
Six open trades:
AUDCHF: in profit
AUDUSD: in small loss
EURUSD: currently in a big loss
GBPAUD: strong profit
USDCHF: strong profit
XAUUSD: strong profit
Planning on running the EA’s for the prescribed 10 days and then putting the most profitable ones on my current 10K account to test things out. Hopefully all goes well.
Has everyone just literally plugged V5 in and run with it? Just to test?
Or have people been back testing and amending?
I am not sure if we should make any amendments as the EA Trading Team have done all the hard work and supplied the set files.
I assume this is correct all?Thank you.
Hello guys, for anyone who wants to download an older version of the FTMO EA, please write through our contact form here or drop us an email at the technical support email and we will assist you further.
I only installed yesterday, but I notice that the relatively far SL/TP numbers mean that some trades may be open for long periods of time. You might want to use FTMO swing account for this if going FTMO route.
On another note, thanks to the CPI news this morning my trial that I started yesterday already surpassed the 5% lol. But this really means nothing; if the news had been the other way then I would have hit a few stoplosses
Hi Kevin,
The FTMO swing accounts are the way to go!
The fact that the CPI news caused your demo account to surpass the 5% level tells me you are taking too much risk. Like you say, if the CPI went the other way, or your trade was in the opposite direction it could have caused you to get locked out for the rest of the day.
Alan,
Thanks Alan, however this was just a demo free trial with standard set files attached. Running all 7 EAs as instructed.
CPI was pretty crazy today.
You should receive an email with link to v5.0. If you do not receive an email then email support.
Alan,
It depends upon the robot. Basically, the way to reduce risk is to keep lot size small. How small? This is where backtesting or testing in a demo account can help. Backtesting, or demo trading for a month or two, will give a good idea of how much is the typical drawdown. From this information you can then determine the lot size you should use.
What robot are you referring too and I can give you an idea of the lot size you should use.
Alan,
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