Prop Firm Robots: General questions

[Alan Northam]

Hi Joseph,

With FX2 you will need to make some adjustments to the Expert Advisors parameters.

A trailing stop is a stop the moves higher as the profit moves higher and always stays 6% behind whatever the profit currently is.

Alan,

[Alan Northam]

Hi Jotaele1,

Petko also says you can also slightly change some of the indicator parameters.

Alan,

[Fontana]

How can i change please the magic number and ticket number on the bot please ?

 

[Alan Northam]

If you are using MT4 then you can change the magic number.  MT5 does not use a magic number.   To change the magic number right click on the smiley face, go to expert advisor, and click on properties.  Double click on the magic number and you can then change it.

If you are using MT5 then right click on the blue hat, click on properties and you can change some of the parameters.  I would suggest just changing the take profit and stop loss slightly.

Alan,

[Fontana]

So basically it’s better to use the bot on MT4 that’s right ?

[Joseph Yong]

Hi Alan

What kind of adjustment do I need to make to the EA to meet the FX2 requirements?

If you have a sample image of the set file adjustment that would be fantastic.

Thank  You Alan for your valuable advice.

 

[Alan Northam]

Hi Joseph,

Make these changes:

Maximum daily loss (currency) 380
Minimum equity (currency) 9420
Maximum equity (currency) 11010

Alan,

[Alan Northam]

Hi Fediox,

I prefer MT4 when trading EAs!

Alan,

[Sergio Sanchez]

Hello all,

I bought the FTMO robots, and the app i think is very good, but i have a little issue, i started a challengue in FundedNext, in this prop firm the challengues amount changes, so i have a challengue of 15k, how i can configure the robots to this amount? Is possible?

Thanks in advance,

Regards!

[Alan Northam]

Hi Sergio,

Which plan?

Alan,

[Tanyeem gazi]

hey so the last weeks best performers were AUDCHF,USDCAD,XAUUSD all v6.1 and now the USDCAD has dropped from the list but we do not change the robot right?As we are changing the robots based on the performance of an overall week and if we did change the robot then it would be a chase to changing and getting to the best robots so i don’t think we change like that

[KindWhale]

Hello, Is there a specific program I need to install in order for the icons for the MT4 advisors to change after unzipping them? they do not seem to be active as explained in the you tube video by Petko on the procedure for installing.

 

Thanks

 

 

[Alan Northam]

Hi KindWhale,

Before installing the Expert Advisors on the MT4 charts the Auto Trade button in the toolbar needs to be pressed. After pressing the Auto Trade button then install the Expert Advisors.

Alan,

[Alan Northam]

Hi Tanyeem,

I would wait until the end of the week to make any changes.

Alan,

[Tanyeem gazi]

yes that’s what petko does seen in the videos

[Author]

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