Prop Firm Robots: General questions

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Viewing 15 posts - 676 through 690 (of 1,068 total)
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  • #241979
    Alan Northam
    Participant

    Hi Skeltor0906,

    I didn’t like the gold investor because when I reviewed the videos by Petko I saw it had a stagnation period of about one year.

    Alan,

    #242173
    Joseph Yong
    Participant

    Hi  Guys,

    I am running Ftmo APP on a small challenge, but notice the EA has stopped trading.

    ftmoapp stopped trading

    It says that the EA is turned off but the EA is on, but trading has stopped since 05/03/2024.

    Has the Prop turned off my EA?

    Any advice?

    #242188
    Alan Northam
    Participant

    Hi Joseph,

    The robot stopped trading because the Minimum Equity Protection at 6200 has been activated by the price on the chart has moved down to this price level. This Minimum Equity Protection keeps your challenge from failing and you losing your account.

    Alan,

    #242382
    Joseph Yong
    Participant

    Hi Alan,

    How do I change the setting to keep the EA trading to reach my profit target $6,650 without losing the Equity produced?

    I need your help to get 3 set file from a youtube video produced by Petko on Percept trader to:

    Perceptrader AI verified MyFxBook records:

    https://www.myfxbook.com/members/Misc…

    https://www.myfxbook.com/members/Misc…

    https://www.myfxbook.com/members/Misc…

    Hope you can help me out as well

    Thank you again.

    Joseph

     

     

    #242389
    Alan Northam
    Participant

    Hi Joseph,

    I am not familiar with Preceptrader AI but I will try to help. The links you provided only give me error message as I do not have access to that account.

    What was the beginning account balance?
    What is the daily loss limit?
    What is maximum loss limit?
    What is price target?

    Alan,

    #242426
    Skeltor0906
    Participant

    The EA still hasn’t set a trade for me, it’s been running since last Thursday. Maybe I installed something wrong. I installed AU 6.0 and Xauusd 6.0/6.1

    #242458
    Alan Northam
    Participant

    Hi Skeltor0906,

    I haven’t had much success picking the top 1 to top 3 from the Prop Firm Robots W1 or M1 settings. So I changed the way I select the robots. I set the Prop Firm Robots settings to Y5 and download and install all 14 robots in a Challenge. I then set the lot size to 0.01 for each of the 14 robots. This way when they trade they will not change the account balance significantly. I then let them all trade for 1 week. I then find the one or two robots that have traded during the week. I then set the lot size for these robots back to their normal value they had when downloaded. This way you let the market pick the robots that are performing well in the current market environment instead of you picking them. This will probably work better for you!

    Alan,

    #242489
    Joseph Yong
    Participant

    Hi Alan

    This is your current data requested.

    What was the beginning account balance?$6000
    What is the daily loss limit?$240/4%
    What is maximum loss limit?$5640
    What is price target?$6600

    Thank you for your quick response

    Joseph

     

    #242537
    Alan Northam
    Participant

    Hi Joseph,

    Just put those numbers into your robot properties and the robot should start working.

    Alan,

    #242571
    Joseph Yong
    Participant

    HI Alan,

    This is some images from my trading account. As you can see from the image trading stopped on the 05/03/2024. No new trade has been taken by the FTMO APP.

    As you can see Alan no trades have been taken.

    Do you have any solution to resolve this issue?

    Thanks in advance

    Joseph

     

    #242589
    Alan Northam
    Participant

    Hi Joseph,

    It looks like you have things setup correctly and as long as the MT4/MT5 has a smiley face or a blue hat in the upper right corner of the chart it should be placing trades. Can you do a backtest with the Strategy Tester to see how often trades are being taken?

    Alan,

    #244838
    Gent Gashi
    Participant

    Should I stop the position that the robot entered or does it stop itself (the position has been active for 24 hours)

    #244888
    Matt
    Participant

    Hi Gent,

    The EA should have placed a TP and SL on for the trade, meaning you could let it ride to conclusion, until either one of those is hit, or close it whenever you like.
    Your trading style and risk profile is up to you.

    Does that help?

    Warmly
    Matt

    #245160
    Gent Gashi
    Participant

    I saw some comments that EA passed their stages but then FTMO refused their payout, has this happend to you?

    #245399
    Marin Stoyanov
    Keymaster

    Hello Gent,

    Yes, this did happen to Petko, and he has also uploaded a video about it. You can watch it here:

    Kind Regards,
    Nikos

Viewing 15 posts - 676 through 690 (of 1,068 total)
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