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Hello everyone,
I’m excited to share some significant updates to the Prop Firm Robots app that have just been rolled out in the last few weeks, aiming to significantly improve how we generate, test, and deploy trading strategies. These changes are designed to enhance the app’s responsiveness to market conditions and provide you with more robust and profitable trading strategies.
1. New Strategy Generation Process: Our enhanced process starts with the Express Generator, a powerful tool that now creates thousands of new strategies daily for various markets. This means fresh strategies are continuously entering the testing pipeline, ensuring a vibrant and up-to-date selection.
2. Rigorous Validation and Robustness Testing: Each strategy undergoes a stringent validation process using specific Acceptance Criteria to ensure they meet our high standards for profitability and risk management. Additionally, strategies are subjected to some Monte Carlo simulations to test their robustness under various market scenarios, ensuring that only the strongest strategies survive.
3. Regular Updates: Post-testing, the best strategies are selected and run in a virtual trading environment. This allows us to observe their performance in real-time simulations, ensuring they perform as expected under live market conditions. The best strategies are added to the Prop Firm Robots app every weekend. We have strategies which were created few months ago and are still being present in the app.
4. Transparent Performance Metrics: We’ve also introduced new metrics that enhance transparency and help you track the performance and maturity of each strategy. For each strategy, you can now see when it was “Created” and when it was “Added” to the app. These metrics are crucial for understanding the lifecycle of our strategies and their long-term viability.
These enhancements mean you can expect strategies that are not only up-to-date but also rigorously tested for performance and durability. The frequent updates ensure that our strategies can adapt quickly to changing market conditions, providing you with a dynamic and effective trading tool.
If there are other improvements or features you would like to see, you can post them in the Suggestions & Ideas topic, where we can discuss them. We are looking forward to your feedback and to continuing to improve the Prop Firm Robots app together!
Thank you for being a part of our community.
Best regards,
Marin @ EA Trading Academy team
Dear EA Trading Academy Support Team,I hope this email finds you well.I recently downloaded and installed the new Top 3 Robot from your platform onto my MetaTrader 5 account. However, since the installation, the robot has not opened any positions. I have checked the settings and ensured that all necessary permissions are granted, but the issue persists.I would appreciate your assistance in resolving this issue as soon as possible. If there are any specific settings or configurations that need to be adjusted, please let me know.Thank you for your support.
Dear Marin Stoyanov
<p style=”text-align: left;”>Since installing the new update for the prop firm Robot on MetaTrader 5 yesterday, it has not opened any positions. I have checked the settings and permissions, but the issue persists.Could you please assist me in resolving this?Thank you.</p>Dear Marin,
I wanted to inform you that the issue I was experiencing with the Prop Firm Robot not opening positions has been resolved. After 24 hours, the robot has started functioning correctly and is now opening positions as expected.Thank you for your support.
Glad to hear that Shekeb. Don’t forget that your trading platform must be running 24/7 to be connected to the broker’s server and execute trades.
Thanks for reply,I am using VPS,
Why don’t all robots trade, only one or two of them work?All three or five robots should be active. Only 1 or 2 of them is active.In the times they should be, especially in European or American sessions, which are not.
Two of the top 3 robots right now are both EUR/JPY , if I want to use the top 3 do I use two robots of the same pair ? or I choose one of these and other pair not from the top 3 ?
Thanks /…
Hello, we know that some traders prefer to diversify the risk and don’t pick EAs from the same pairs. Also some traders don’t like to trade certain assets like gold or cryptocurrency and skip those pairs. It’s a personal choice what pairs you will choose.
Our traders approach is to pick the top 3 EAs, no matter if there are EAs from the same pair.
Hi Petko,
When you change the pair to use the lastest top 3 ea’s.
Do you close all ongoing trade for the old top 3 ea’s ?Hello Michael, it’s a personal choice but here you can see how we manage the EAs. Currently, if there is an open trade with an EA that we have to remove, we just close that trade, no matter if it’s on a loss or on a profit, and we replace it with the new expert advisor that we want to trade in the account.
The app backtests every 30 minutes, so it doesn’t really matter when you might change the EAs. We try to do it at the same time every day.
These are not HFT EAs. Otherwise the won’t comply with most prop firms requirements. The EAs will open trades when they receive a confirmation from the underlying indicators.
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