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- This topic has 1,069 replies, 228 voices, and was last updated 3 weeks, 6 days ago by
Guenther.
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AuthorPosts
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January 17, 2024 at 12:47 pm #227442
Alan Northam
ParticipantHi 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,
January 17, 2024 at 3:57 pm #227469Sammy Trader
MemberHi Alan
Good luck with the real account then. Hope you pass the challenge soon.
January 18, 2024 at 12:11 pm #227637Bence Bela
ParticipantHello,
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
January 18, 2024 at 12:31 pm #227640Sammy Trader
MemberHi 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.
January 18, 2024 at 1:58 pm #227659Alan Northam
ParticipantHi 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,
January 18, 2024 at 2:21 pm #227661gabiscriba
ParticipantMy 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.
January 18, 2024 at 2:31 pm #227663Alan Northam
ParticipantHi 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,
January 18, 2024 at 2:48 pm #227666Sammy Trader
Member@Gabiscriba – you results are completely different from mine. You mut be with a different broker.
January 18, 2024 at 2:52 pm #227668gabiscriba
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.
January 18, 2024 at 3:10 pm #227669Sammy 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.
January 18, 2024 at 4:28 pm #227693paul4x
ParticipantHey Sammy,
Are you running all the bots for v6? I am only running the top 3 that I downloaded
January 18, 2024 at 4:59 pm #227697Sammy 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.
January 18, 2024 at 5:36 pm #227706paul4x
Participantyeh i only have the top 3 downloaded
so far 1 gbpaud in profit 132
usdcad loss 94
usd cad running at momnet with 62 profitonly running since last sunday
January 18, 2024 at 6:02 pm #227710Sammy Trader
Memberok, keep us updated, is this is your Demo or real challenge ?
January 18, 2024 at 6:09 pm #227713Tanyeem gazi
Participanthow 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
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