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Alan Northam
ParticipantHi Fahd,
USDCAD is not breaking into profitability. XAUUSD will most likely take a few more hours to become profitable.
Alan,
Alan Northam
ParticipantHi Morten,
Here are the numbers:
Max Daily Loss 6125
Minimum Equity 112625
Maximum Equity 137563Alan,
Alan Northam
ParticipantHi Morten,
Give me about 30 – 60 minutes and I will figure it out for you.
Alan,
Alan Northam
ParticipantHi Morten,
The problem is you have downloaded the 100K FTMO robots but are not using them on a 100K challenge. Instead you are using them on a 125K challenge. So you get them working you need to change the Maximum Daily loss, the Minimum equity, and the Maximum equity parameters in the robot properties box to agree with your accounts requirements.
Alan,
Alan Northam
ParticipantHi Morten,
The following video is a guide to help traders setup the FTMO app robots and how to modify the parameters. It should help you get your robots up and running.
Alan,
Alan Northam
ParticipantHi fahd,
I too have XAUUSD and USDCAD open for several days and are still at a loss. However, the markets are moving in the right direction so as long as the markets don’t change their trends the losses should be recovered and turn profitable.
Alan,
Alan Northam
ParticipantHi Michael,
The Expert Advisor is set up properly. You can test it using the Strategy Tester. From the results you can look at the results tab to see when the Expert Advisor took its last trade.
Alan,
Alan Northam
ParticipantHi Lester,
I have two open trades today, XAUUSD V6.1, and USDCAD V6.1.
Alan,
Alan Northam
ParticipantHi Emre,
I too have been losing for the last two and a half weeks for a total loss of 2.5%. Fortunately, on my FTMO Challenge where I use Expert Advisors I created with EA Studio it is profitable. It’s good to diversify!
Alan,
Alan Northam
ParticipantHi Emre,
Let me clarify further: I am just looking at the closed losing trades for this week and not the total trades for my Challenge.
Alan,
Alan Northam
ParticipantHi Emre,
I am just looking at the losing trades for this week and not the total trades for my Challenge. Is this what you are doing?
Also are you using an FTMO Challenge or another prop firm?
Alan,
Alan Northam
ParticipantHi Emre,
I am trading the top 3 from the weekly charts on the FTMO app with a risk of 1%. For this week, so far, I am done 1% in my FTMO Challenge.
Alan,
Alan Northam
ParticipantHi Raphael,
You can do a backtest using the Strategy Tester and that will tell you if the prop firm / broker you are using allows the Expert Advisor to trade. You can also look at the journal after using the Strategy Tester to see how often the Expert Advisor is trading.
Alan,
Alan Northam
ParticipantHi Raphael,
The XAUUSDx you are referring to is just the name of the chart. The historical data (candles) are still the XAUUSD pair. As long as you see a blue hat in the upper right hand corner of the chart then the Expert Advisor (robot) is working properly. If you just installed the Expert Advisor on the chart within the last day or two then give it another day for the Expert Advisor to open a trade.
Alan,
Alan Northam
Participant -
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