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Hi Sammy,
As far as I know this is only affecting US traders as FTMO said it only affects the US. Are you seeing this issue starting to occur in the UK?
Alan,
Hi Alan
Yes, plenty of prop firm, like True Forex funds and Funded Trading plus has forced the UK trader (including US ofcourse) to move to another platform and they (their new broker) have comopletely stopped supporting MT4/5. Some are offering CTrader and others offering DXTrader. The trouble with this, EA from MT4 can’t be used their or can’t be made compatible to use their. However, I heard that it is now possible to do a trade copy from a demo MT4 account to CTrader. Again the demo is not provided by these propfirm, so demo account with any broker and copy those trade to CTrader for prop firm broker.
This will cause slippage and discrepancy, but lets see how far we can go with this. At this moment we dont have a choice but to adopt the new platform. FTMO, they will stop providing MT4/4 broker sooner or later. You watch.
Hi everyone, I purchased the FTMO experts, I saw the guide and I don’t understand a thing. When I connect my account to Myfxboox I have to put the seven pairs with the EA in order to see the trend, my question is which timeframe should I choose? is indifferent? Otherwise I would have to open many demo accounts for each timeframe.. m1/m5/m15 etc..? how should I adjust?
Hello Oliver,
Allow Algo Trading: This setting enables or disables the ability of the Expert Advisor to trade automatically. When you check this option, you’re allowing the EA to execute trades on its behalf according to its programmed strategy. It’s essential for the EA to function as intended.
Allow Modification of Signal Settings: This option is a bit more nuanced. It allows the EA to modify the trade levels (entry, stop loss, and take profit levels) of orders it sends based on signals it generates or receives. This capability can be crucial for strategies that adjust trade parameters in response to changing market conditions. Enabling “Allow Modification of Signal Settings” means you’re giving the EA flexibility to adjust its trading signals based on its algorithm’s interpretation of the market. This can include adjusting stop loss or take profit levels after the trade is placed or modifying the entry point of a trade before it’s executed, depending on the EA’s design and strategy.Please watch the FTMO Robot App guide where the settings you need to enable when placing the EAs are explained.
Kind regards,
Marin @ Customer Support
Questions about FTMO robot.
I just purchased FTMO robot from your page and apply FTMO 100K challenge 2 weeks ago, and I saw your “FTMO robot”page has been removed due to the problem of banned account.
May I know:
1. Can I get the money back for the FTMO robot?
2.Do you know can I cancelled my FTMO 100K challenge and get the money back? I haven’t open any trade yet.This is the problem with this industry!
Why sell a product to traders if you are not even sure whether the product you are selling is sound and works like you say it does?
It’s all marketing and sales to entice a person and take their money!
Then you put someone in charge of the Forum that did not build the robot and does not understand how it works?
It sounds like a big money making scheme to me. I have read very few positive comments about the FTMO robot and now I even noticed that it is no longer for sale. Each week the EA’s are updated to new pairs. How on earth is a person meant to run an EA based trading system if they need to change the EA’s on a weekly basis. This is not how EA trading works. I left these robots running on my account for weeks and it has honestly been shocking.I requested a refund and that in itself is a whole other story to get the money back from EA Trading academy.
Alan, sorry you are the one that has to deal with all these comments. This system has obivously not been tested properly before being released to the public.
Hi Perry,
I just checked the FTMO app and found it has not been taken down. If you cannot access the FTMO app make sure you are logged into your account.
Alan,
Hey Richard,
I am sorry to read your disappointment! I am not sure what you mean by the product is not for sale; it is still on the website, and we haven’t put it down for a second.
We developed the app because many were asking for stats, and this was the best way for the traders to see the performance for the different periods. Also, we test each robot before releasing its course.
If you request a refund, my team will respond on time. Recently we have received 100s of e-mails, and it takes a while to go over all of them.
Cheers,
Hi Felipe,
Go to the forum. Select the topic. At the top right side of the webpage select “Unsubscribe”.
Alan,
Hello Traders!
We have taken the next step in our transparency efforts with our students by making the results from our challenges public:
On the new page, you will find all the accounts we trade – challenges and funded accounts!
You can track how the Robots are performing at any given moment with live records! This page aims to test all the robots for you, so you can easily decide which ones you want to trade!
Note: Please do not consider any information on that page as financial advice! Choosing which robot to trade with on which prop firm is a personal decision!
Cheers,
Petko A
PS: We have also changed the name of the FTMO robot app to Prop Firms Robot because we don’t want to be associated with FTMO or any other Prop Firm.
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