Prop Firm Robots: General questions

[Robby Mesenberg]

Wouldnt recommend that. They wont Pay out. Please read the trustpilot Reviews. Hundreds if Not thousands with the Same Problem…

[Alan Northam]

Hi Robby,

I reviewed page 1 of the Trustpilot reviews for Infinity Forex Funds which are the most recent reviews over the last 5 day. Out of the 20 reviews there were 12 traders that received payouts and 0 traders complaining they did not receive payouts. Although they may have had problems in the past with payouts it now looks like they are paying out on a regular basis.

Alan,

[Callum Dice]

Hi Moderator,

Please can I start the 30day refund I am entitled to for my account, could you please reply with how long this refund will take to hit my bank and when it will be started.

Nothing against the bot I am going to create my own EA.

[Alan Northam]

Hi Callum,

For refunds please contact [email protected]

I am in Texas and not connected to the support team.

Alan,

[Callum Dice]

I have not received a response yet writing to the support team, could you please advise.

[Alan Northam]

Hi Callum,

I have sent your request for a refund!

Do you plan on using EA Studio, the best software for creating EAs in the industry, for creating your EAs?

Alan,

[Marin Stoyanov]

As Alan said, you can use the robot on EUR account but if the challenge size is different you need to recalculate the lots and protections accordingly, this is well explained in another forum post: https://community.algotradingspace.com/forums/topic/ftmo-robot-app-v6-0-new-features-released/#post-225623

 

[Marin Stoyanov]

Hello Callum, for transparency, we already replied to your refund request.

[Tanyeem gazi]

Yet again the robot is consistently losing oever and over again no winning streak the winrate is 0% now
-3 percent drawdown and other one -4percent drawdown

[Marin Stoyanov]

hello new here just purchased ftmo robot. i am looking for something stable that trades with low realitive DD on a prop firm acc of 500k & 1 mil acc size. just getting started i downloaded the low gold and aud robots for the 200k challenge. what if any are your suggestions and/or recommendation? i am starting with the process. i like to ask always get valuable feedback which helps out alot just wanted to run that by you to see if im missing something or not doing something correctly. im not as concerned about making big profits as i am not blowing the account. been trading gbp/usd with the weak market im looking at other avenues to rely less on my current bot in times of high DD.  really excite about ea trading academy. thanks. please advise

[Alan Northam]

HI AAron,

Sounds like you are on the right track. Did you download the robot from the FTMO app? Since you are taking the 200K challenge did you download the 200K robots? Also did you chose the correct Max Loss, Max Daily Loss, and Profit Target to match the prop firm specifications so you won’t blow your account?

Alan,

[Marin Stoyanov]

i ll likely do some challenges, i have 500k funded acc ive been doing HFT. im looking for something to place trades and stay in profit on my funded acc. even 1% a month is fine. whats most important to me is realitive DD lower the better. i have a 5% cap and the higher win rate the better. im following the video im backesting the gold on mt4 and having trouble getting good results im thinking i must be doing something wrong. right now im trading gbp/usd even if i can give myself a few weeks till it bounces back id be happy

[Marin Stoyanov]

im looking at some 200k challenges in the future that dont allow HFT and am thinking ill be able to use these. i have to place trades to stay acctive and may turn my current bot to long only and reduce its trading days till the strength of the gbp returns.ill make it as is not dire circumstances though if i figure out an alternative. i like to have options

[Marin Stoyanov]

sometimes beginning some thing there is something apparant im not aware of. or a better solution im unaware of. i like to ask  I find it to be most beneficial at times to have input first day on the site

[Alan Northam]

Hi Aaron,

Risk is associated with the lot size so the smaller the lot size the lower the risk. Sometimes what I do is make the lot size 0.01 this keeps the account active and does not affect the account balance significantly. I then track the results with FXblue. Then when I see one of the robots starting to make profits I increase the lot size until the profits start to drop off. Then I reduce the lot size back to 0.01 and start all over again.

Alan,

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