Prop Firm Robots: General questions

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Viewing 15 posts - 391 through 405 (of 1,068 total)
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  • #227442
    Alan Northam
    Participant

    Hi Sammy,

    I am testing on an FTMO Challenge so I am using small lot size so any robots that are losing will not cause the account to draw down significantly.  By testing on the FTMO Challenge I am avoiding the FREE FTMO demo account 14 day limit.  It is my choice to test this way.

    Alan,

    #227469
    Sammy Trader
    Member

    Hi Alan

    Good luck with the real account then. Hope you pass the challenge soon.

    #227637
    Bence Bela
    Participant

    Hello,

    I would like to update the FTMO robot but I currently have 6 trades open which I wouldn’t want to interrupt. I understand that the TPs and SLs are already there but sometimes the robot closes trades before TP or SL is reached. So I worry that if I change the robot while the trades are open, the new robot will not know what to do with the trades opened by the older version.

    So my question is, what is the best way to replace the old robot with the new?

    Kind Regards,

    Bence

    #227640
    Sammy Trader
    Member

    Hi Alan,

    for this week V6.0 is on fire, has taken substantial no. of trades. Did you mean that you would see the 3 top Profits and then put them in your challenge account ? What adjustment in terms of lot size and risk you would be intending to do and what would you do with the open trades in the real challenge account from previous week?

    For the current week, Broker FTMO, Medium risk for $10k – my top profitable Trade closed was for GBP AUD + 4 opened at the moment with3 in profits.

     

     

     

    #227659
    Alan Northam
    Participant

    Hi Bence,

    When replacing the old robots with the new robots just make sure to use the old robots magic number and copy it into the new robot if the new robots have different magic numbers.  Then the new robots should recognize the open trades.

    Alan,

     

    #227661
    gabiscriba
    Participant

    My status of open trades from December 1, until now:

    AUDCHF – no open trades.

    AUDUSD – no open trades.

    EURAUD – 5 trades – 18.12, 19.12, 21.12, 02.01, 03.01 – all win trades.

    EURUSD – 1 trade – 17.01 – still open

    GBPAUD – 2 trades – 09.01, 17.01 – 1 lose, 1 win

    USDCAD – 3 trades – 08.01, 10.01, 16.01 – 1 win, 2 lose

    USDCHF – 13 trades – 8 in december+5 in january – last 4 lost

    XAUUSD – 15 trades – 9 in december+6 in january – of the last 6, 4 were lost

    My conclusions:
    – since I started testing, EURAUD has never lost a trade, so it is number one.

    – XAUUSD wins about as much as it loses, so it’s almost at zero.

    – USDCHF loses more than it gains.

    – USDCAD loses more than it gains – only 3 trades.

    – GBPAUD – only 2 trades.

    – EURUSD – only one trade.

    – AUDCHF and AUDUSD – no trade.

    So I can only work with EURAUD, and I would risk more because it rarely opens trades, but probably the vast majority will be wins.

    I don’t know what else I could do.

    #227663
    Alan Northam
    Participant

    Hi Sammy,

    I am looking for 3 winning trades.

    Right now I have the lot size for all robots set to 0.01 lots.  Once I find the top robot with 3 winning trades I will replace the robot with the one I downloaded from the FTMO app so it will have the correct lot size for an account risk of 1%.

    Alan,

     

     

    #227666
    Sammy Trader
    Member

    @Gabiscriba – you results are completely different from mine. You mut be with a different broker.

    #227668
    gabiscriba
    Participant

    @SammyTrader

    Yes, my prop firm is FXIFY, I run all robots on a challenge account with 0.01 lotsize. I run all the robots on an FTMO demo account, too. The results are completely different.

    #227669
    Sammy Trader
    Member

    @Alan Thanks, I have read your previous posted reply too. That’s a lot of manual intervention that you are doing, but the theory behind it for Robot with Top 3 wining trade or trade with more profit than loss, is very safe to win the challenge.

    I myself, will stick to the default lot size and top wining EAs to see how would that work.

    #227693
    paul4x
    Participant

    Hey Sammy,

     

    Are you running all the bots for v6? I am only running the top 3 that I downloaded

    #227697
    Sammy Trader
    Member

    @Paul4x – I am running all EAs in a Demo acc for FTMO broker. The Demo only last for two weeks, so the idea is that to take the top 2 performers to the following demo account to see how will they behave for another two weeks. If all profitable then I can take this strategy into the real challenge account.

    #227706
    paul4x
    Participant

    yeh i only have the top 3 downloaded

    so far 1 gbpaud in profit 132
    usdcad loss 94
    usd cad running at momnet with 62 profit

    only running since last sunday

    #227710
    Sammy Trader
    Member

    ok, keep us updated, is this is your Demo or real challenge ?

    #227713
    Tanyeem gazi
    Participant

    how to choose the best pair do petko use data from a week or a month like for example i go to my history tab and just check the data for the week and choose the best performing pair 1 or 2 or maybe 3 from the profit and winning rate

Viewing 15 posts - 391 through 405 (of 1,068 total)
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