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Hi Stan,
you should change the following settings:
– Magic Number (please invent a new one)
– Take Profit & Stop Loss by 1-2 Pips
– Lots
If you close a trade manually from time to time, you should be fine.
Best,
Sandor
Hey Stan,
Petko was banned for using the Waka Waka, which is a MQL5 commercial EA. With the prop firm robots, you can make your EAs and trades completely unique by changing the magic number, SL and TP, risk, etc.. We haven’t had any reports of any users using the Prop Firm Robots on FTMO having any issues.
In addition, there’s a very cool new feature in beta testing – randomization! This automatically randomizes the settings of the EA to make it unique, while maintaining the integrity and profitability. It will be released soon.
Cheers,
IlanHi Valentina,
I’m not sure I understand your question, but every strategy from EA Studio or the Top 10 App, uses the exact opposite rules for long and short entries and exits.
If you mean the EA is opening a long position in one account and a short in another account, I can’t say why. The EA will open a position according to the market and the information it’s receiving from the broker/platform.
Thanks,
Ilan
I am planning prop firm robots, but not sure which prop firm will work with the BOT without any issue or compliance..
any suggestions please?
I have some in mind, like. FundedNext, GoatFundedTrader, The5%ers.
Anyone from the above or any other apart from these, please do suggest.. Would be really helpful further.
Hi Orlando,
The servers generate and validate robots 24/7. Every Saturday, the collections in the app get updated with any new strategies that have been found and have a better backtest. The EAs in the the collections get updated every 30 minutes with the latest historical data.
Cheers,
Ilan
Hi everyone,
some update from my accounts:
1. Personal Roboforex Cent Account: Stopped (as described before).
2. Personal Roboforex Cent Account: The past week went well and I recovered some losses. Currently -3% in loss, but some floating profits. It will probably recover in the next weeks.
3. Personal BlackBull Account: Did some wrong config, went down -10%, got “fear” and stopped it 😀
4. FTMO 10k Account: Currently 1,73% in profit, floating profits are waiting
5. 5%ers 5k challenge: Currently 5,6% in profit, floating profits are waiting
6. FundedNext 6k challenge: Currently 1% in profit, floating profits are waiting.
7. Personal Roboforex Demo Account (for testing bots): 10k with 2% in profit.
Hope this helps you to reach your goals as well! I will keep this post updated 🙂
Hi, Everyone. I’m new to the Prop App. Testing is going very well this week on my demo accounts. I’m applying Petko’s daily top 3 methodology a few hours after the market opens, changing out MT4 EAs as needed, and closing any open trades if swapping out an EA.. all using high risk. Silver (XAGUSD) had a nice run today and is still in the top three.
Hello – how do the Prop Firm Robots work with other EAs.? Once the profit target is reached, are all EAs suspended or just the Prop Firm Robots?
Hi Orlando,
Each EA is attached to a separate Symbol chart and works independently from other EAs. Same with the Prop Firm Robots. All EAs work independently from other EAs.
Alan,
Hey Orlando,
Great to hear! While you’re testing on a demo account, try a few other methods. You may be surprised by the results 🙂
Trade safe,
Ilan
Hi Orlando,
Just to add to Alan’s answer, before downloading the Prop Firm Robots, we select the profit targets and risk settings. This is added into the code / settings of the Prop Firm Robots, so once the profit target is reached, all prop firm robots will stop trading. They do work independently of each other, but because they have the same account profit targets coded into them, they’ll turn off at the same time, when the targets (or drawdown limits) are reached. Any other EAs will not because they don’t have the profit targets included.
Ilan
Hi Orlando,
Ilan brings up an important point which may be the correct answer to your question. However, keep in mind that besides the Account profit target, that is set when you download the prop firm robots, each EA also has it own profit target built into it. When the Account profit target is hit then all the prop firm robots open positions will be closed. However, when an individual EAs profit target it hit only that EA will be closed.
Alan,
Hi,
I have been using the application for about 1 month and every time I place a crypto robot on a chart it does not work, unlike forex robots. I’m on a FTMO account. Recent example: the BTC robot whose code ends in 443 has not opened any trade in the platform while on the application we see an open and winning trade very recently. What’s going on? Thanx
The usdjpy bot #1599046594 for quite some time used to appear at the top of the ranking of the best performing bots in the last year and the last 5 years.
Now I don’t see it in the ranking anymore, it disappeared from the list of bots.
Can anyone tell me by what criteria bots are removed from the ranking of the best performing bots?
I don’t think the criteria is for performance because until recently (two weeks ago) it was the best performing bot with a big gap over the second one (btcusd).
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