Prop Firm Robots: General questions

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Viewing 15 posts - 61 through 75 (of 1,068 total)
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  • #208028
    Trinidad Simmz
    Participant

    Re: suggestion 4.

    If someone can email me through EA Trading Academy, I can give you temporary access to my VPS where you can asess the situation.

    #208109
    Ling
    Participant

    Dear Petko,

    Before I ask my question, I want to thank you. In demo mode, the 7 EA’s have performed so well since October 11 that is up 12.5%. That is 17 days.

    Before I start the FTMO evaluation, I have a question.

    Once I ran all 7 bots, how many days going backwards do I use to identify the top performer? 2 days, 1 week, 2 weeks?

    My biggest fear is for the currency pair to start having a red streak after 12 trades with an 80-90% win rate. Any light you could shed on this would be of great help as I know you have come across this concern in the past.

    Thank you Petko.

    Ling

    #208106
    PrimalSci
    Participant

    I just purchased the bot.
    Is the 30 TF the best one to use?
    Well done on passing the challenges.
    My intention is to start low, $10k on the Funded Trader perhaps, and work my way up.

    Thanks.

    #208167
    Alan Northam
    Participant

    The FTMO Expert Advisors are to be placed on the M1 time frame.

    Alan,

    #208171
    Alan Northam
    Participant

    I would wait 1 week to identify the top performer.  You can change the amount of time to see what works best for you.

    There will always be periods of profits and periods of losses.  There are many strategies that can be used to minimize losses so that over the long term the account will be profitable.  One strategy is to have several Expert Advisors trading.  When one EA is going through a period of drawdown the other EAs may be going through periods of profits.   Another strategy is to have a demo account of the 7 EAs and only move the Top performer to a live account or maybe the top 3 performers.  Then once each week (you can change this time to see what works best for you) review the demo account and move the top performers to the live account.

    Hope this helps!

    Alan,

    #208336
    PrimalSci
    Participant

    Thanks Alan.

    I am running a test right now.
    I intend to try various demos from 10k up to 200k.

     

    #208359
    0xBitpool
    Participant

    Gonna start the challenge on a 25K Swing account tomorrow! I’m excited

    #208472
    Ling
    Participant

    Thank you Alan, much appreciated!

    Ling

    #208551
    PrimalSci
    Participant

    Good luck!!
    I have started testing on a 200k demo account (Alpha Capital Group). So far, hardly any draw-down and 3k up.
    Day one.
    Impressive.

    I will give it a week and then test on a 1ok account and may go for a 10k funded account with The Funded Trader.
    Slow and steady wins the race.

    #208566
    0xBitpool
    Participant

    Thank you! Good luck to you too!!

    Meanwhile, you can check how it’s going here: https://www.myfxbook.com/members/0xBitpool/ftmo-challenge-25k-top-3/10505789

    #208595
    Donghyeok Son
    Participant

    I just purchased the FTMO ROBOT EA, however the link to download it isn’t working

    #208597
    0xBitpool
    Participant

    What do you mean it’s not working? 404?

    #208600
    Donghyeok Son
    Participant

    It says “This site can’t be reached”

    and also gives the error code
    “DNS_PROBE_FINISHED_NXDOMAIN”

    I had VPN running while purchasing the order, I’m not sure if that had anything to do with it.

    #208607
    Donghyeok Son
    Participant

    Never mind, somehow after 1 hr, the link is working. All is good.

    #208612
    0xBitpool
    Participant

    Nice!

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