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Hey Ilan
But you see, that’s what I do not get. We DO NOT use different brokers, we all use FTMO. Or at least in THIS forum, it is an FTMO EA that does ONLY FTMO.
So why can you not publish to this community focused on FTMO, the best-performing pair for FTMO. FTMO is the same anywhere in the world.
Explain this to me please? And do not say since brokers are different and some people may use different brokers. I think most people here would be intelligent enough to KNOW that the best performing EA’s you are really supposed to send to us is actually for FTMO.
Note the name of the forum: “FTMO Robot”
So why not just share on a weekly basis the best performing EA’s? And that’s what I get really angry with, on these “EA’s” – there is always some bloody excuse why they do not work as SOLD. We paid for the FTMO bot. We have the EA files. Give us the best weekly performing EA’s as tested by you, a professional team, and we can then swop out as required. SIMPLE. Those that cannot afford a VPS but runs on their local systems now ALSO have the weekly best performers.
Hey, what are the top 3 best performing bots for this week to turn on since I bought the bot a couple of days ago?
Hi Malik,
There is no guarantee that if an EA is profitable today, it will be profitable tomorrow. It is determined entirely by the market. As Nicholas has said, and you mentioned too, you should keep all 8 on a demo account, link your demo account to a website like MyFXBook (Check out this video: https://youtu.be/H19yWrotTVg), and monitor the performance, even daily, putting only currently profitable EAs onto your challenge account.
Cheers,
Ilan
He guys,
I have some question before I turn on Algo Trading with the EA’s. Hopefully you can answer them.
1) First question is: what are the top 3 best performing pairs right know. I installed the EA’s on a demo, but since Monday so I don’t have enough results, but I would like to start with my 100K Funding Pips account (challenge).
2) If I trade the best 3 performing pairs, is it necessary to decrease the risk, or are the normal setfiles enough for the top 3? So let’s say the top 3 are: Gold (o,49 lots), EUR/USD (3,87 lots) and USD/CHF (1,78 lots). Can I just rely on these setfiles given lot sizes, or do I have to decrease them since I’m using 3 of them?
3) When there is news, especially red USD folder news, do I always have to close all positions? And when im not at home, it’s difficult to turn off Algo trading. Does the EA’s have a setting it won’t place any trades in the radius of like 30 minutes around news, or is the Algo trading turn off a must?
Thanks in advance!
You have to test the 7 EAs+Gold EAs and see which one performs best currently, we can’t say which is the top performer because tomorrow it may not be.
Hello Lucas, straight to your questions.
1) You have to test the 7 EAs+Gold EAs and see which one performs best currently, we can’t say which is the top performer because tomorrow it may not be.
2) If you use the default set files then it’s okay to trade with 3 EAs. The set files will allow a maximum daily drawdown of 1% per robot. If you want to be on the safe side, you can additioanly decrease the lots. For example if you want to have no more that 1% daily drawdown then you would need to divide every lot by 3 becuase you have 3 EAs running.
3) It is a personal choice if one will close trades manually. But personally we do not close trades during news. We are working on implementing the news into the EA.
Kind regards,
Marin @ Customer Support team
I will need to answer here to clarify it! 🙂
As far I understand you got ‘angry’ because we do not publish the trial/testing account with the FTMO Robots so everyone can see which is the top performer.
To do this, it should be on myfxbook, with all green checks and Live updates (which is easy to do).
BUT if we do this it will become a signal provider – a FREE Signal provider. It will be easy for everyone to copy the trades. Which is something we want to avoid.
Plus, it is super easy for everyone to open a trial account with FTMO and place the 8 EAs and track the performance. It’s nothing hard, and everyone can do it.
And I don’t think you saw fake promises with us because we never said that we would provide the weekly performers. You can not find in the landing page of the FTMO Robot, and it has never been in there.
So I hope you understand why we can’t do publicly BUT we will try to figure it out how to make it private for everyone who purchases the FTMO Robot. Then even if one uses it for signals, that is alright. We will let you know.
But don’t be angry, because we never promised that! 🙂
This is such a crappy answer…my goodness. So we switch on a robot that was a top performer for the past two weeks. BUT tomorrow it may not be. This is ridiculous…
Hello Petko
I am NOT angry about you not posting top results. Although your comment on signals does NOT make sense AT ALL. Here is your post from earlier called “FTMO v5 results” what am I missing? Is this not “signals” but asking for top performers are signals…sorry, but you would have to give me a better answer. I do not care about MyFX and green ticks and all that jazz. Are you not constantly testing the FTMO Robot on your end to ensure you can make updates etc? If you are not, this would be VERY concerning. Please share these results with us on an ongoing basis. Why not? Do you NOT trust your results?
Here is what IS making me super angry though. And this comes from my past experience with EA sellers that make big promises and then do not deliver. As a reminder, please read your sales page.
You state: The Robot will help you pass challenges faster and stress-free!
It has NOT been stress-free AT ALL. In fact, it has been very stressful. I do not get answers, I do not get clear and concise guidance, I have to DO MY OWN TESTING. I mean…really. And then I get statements from you and your team like:
We cannot provide the top performers because tomorrow this might change. So what is the point of running a bloody three-week “test” and then “oh but wait, we cannot take responsibility, since this might change tomorrow” – bullshit.
Another favorite response from you and team: Test the robot on a testing account and use the top performers. I have been “testing” for three weeks now, no clear winners.
Another one: The market might change and the robot might stop working. Might, might, might. No. I remind you: The Robot will help you pass challenges faster and stress-free!
And the best one yet, we cannot provide the best performers because people might be using other brokers. WHAT! Really, on an FTMO Robot forum, this is an answer we get from your team. No, we are NOT using other brokers. We are using FTMO
The Robot will help you pass challenges faster and stress-free!I have yet to even make a small dent using your robot in any live account. No accounts passed yet. Not stress-free. None of your promises on your sales page have applied. But, and I am purposefully being SUPER sarcastic here. I have probably not passed any challenges because: I have not tested enough. I might be using a different broker. The market might change. All these excuses are either me not doing things right or some external factor. Not you and your team NOT delivering on the promises on your sales pages.
THAT is what is making angry.
I am NOT passing challenges stress-free, instead, I am constantly in the bloody forum asking for help and writing essays for answers!!!!!
You wont get assistance on this. I have asked. I keep on getting responses basically sating I have to keep on testing someone elses robot until I get a “winner” and even then I am told, this might not work. As per the response from Marin.
We all have the same problem…I have been running a an FTMO test for 3 weeks, no clear winners and very few trades opened. Hopefully I will get somewhere soon with this. The only answer you will get from the team here is that “you need to test” they do not seem to be willing to help us with the top EA’s on a weekly basis.
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