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Viewing 15 posts - 691 through 705 (of 1,534 total)
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  • in reply to: Prop Firm Robots: Errors and Solutions #227488
    Alan Northam
    Participant

    Hi Mustafa,

    Can you provide a complete screenshot of the MetaTrader screen along with the robots properties box to start with so I can see what is going on?

    Alan,

    in reply to: Prop Firm Robots: Errors and Solutions #227444
    Alan Northam
    Participant

    There are not any set files for FTMO V6.0 robots.  If you download the 10K robots the robot parameters already have the correct settings for a 10K account.

    Alan,

    in reply to: Prop Firm Robots: General questions #227442
    Alan Northam
    Participant

    Hi Sammy,

    I am testing on an FTMO Challenge so I am using small lot size so any robots that are losing will not cause the account to draw down significantly.  By testing on the FTMO Challenge I am avoiding the FREE FTMO demo account 14 day limit.  It is my choice to test this way.

    Alan,

    in reply to: Prop Firm Robots App & v6.0 – New Features Released! #227440
    Alan Northam
    Participant

    Hi dear,

    I see you downloaded the 10K robot files but your account size is 5K.  Did you change the robot properties so the robots will work with a 5K account?  If not let me know and I will calculate the changes you need to make.

    Alan,

    in reply to: Prop Firm Robots App & v6.0 – New Features Released! #227342
    Alan Northam
    Participant

    Hi Gaurav,

    The reason you are not getting trades is the hat in the upper right corner of the chart is not blue.  You need to remove the robot then press the Algo Trade button in tool bar to activate auto trading then reinstall the robot.  The hat should now be blue.  Do this for each robot.

    Alan,

    in reply to: Prop Firm Robots: General questions #227299
    Alan Northam
    Participant

    Over the last 5 trading days I have 2 profitable trades for USDCAD and 2 profitable trades for XAUUSD for FTMO V6.0 robots .  The profits are small as the lot sizes are 0.01.  I am just testing the robots.  I am looking for a robot with 3 profitable trades to confirm the trend is profitable.  Then I will adjust the lot size for medium risk.

    Alan,

    in reply to: Prop Firm Robots: General questions #227296
    Alan Northam
    Participant

    to unsubscribe contact [email protected]

     

    in reply to: Best Forex Brokers in the US #227218
    Alan Northam
    Participant

    Hi Julio,

    All brokers in the US have to obey the FIFO rule.

    Alan,

    in reply to: Prop Firm Robots App & v6.0 – New Features Released! #227213
    Alan Northam
    Participant

    Hi Nicholas,

    The FTMO app shows the results of backtesting using EA Studio so you do not have to do the backtesting yourself. Petko is working on an updated version of the FTMo app to show backtesting results over 1Y, 1M, 1W, and 1D which I think is suppose to be available next month. As far as I understand it will still be up to each trader to look at the backtest results and decide which robots to trade.

    As to what to do:  I have been demo testing since 01/08/2024 and have not yet found a top performer to trade.

    Alan,

    in reply to: Prop Firm Robots: Errors and Solutions #227204
    Alan Northam
    Participant

    Hi Denis,

    If you are using MT4 then you need to make sure the Auto Trade button in the tool bar is pressed before installing the robots.

    If you are using MT5 then you need to make sure the Algo Trade button in the tool bar is pressed before installing the robots.

    Alan,

    in reply to: Prop Firm Robots: Errors and Solutions #227202
    Alan Northam
    Participant

    Hi Gaurav,

    The problem is your account size does not match the account size you have chosen for the FTMO V6.0 robots.  To get the robots working you will need to make these changes to your robots:

    Make the following changes to all the robots:

    Maximum daily loss (currency) = 299
    Minimum equity (currency) = 4550
    Maximum equity (currency) = 5505

    Also each of the following robots need to have these changes made to the Entry lots which will limit your account risk to 0.5% or low risk:

    AUDCHF Entry lot = 0.04
    EURUSD Entry lot = 0.05
    AUDUSD Entry lot = 0.05
    EURAUD Entry lot = 0.07
    GBPAUD Entry lot = 0.07
    USDCAD Entry lot = 0.07
    USDCHF Entry lot = 0.05
    XAUUSD Entry lot = 0.01 (0.01 Entry lot is the smallest lot size you can use.  Unfortunately the risk to the account is 1% instead of 0.5%.  So it is your choice if you want to trade this robot.)

    Alan,

    in reply to: 21 Day Program: General questions #227178
    Alan Northam
    Participant

    I guess I don’t understand what your problem is.  How do you know the smoothing is not working?

    in reply to: Prop Firm Robots App & v6.0 – New Features Released! #227177
    Alan Northam
    Participant

    Hi Sergio,

    You need to change all the FTMO V6.0 robots perameters as follows for your account size of $70,000:

    Maximum daily loss (currency) = 3450
    Minimum equity (currency) = 63050
    Maximum equity (currency) = 77025

    Also each robots lot size need to be changed as shown below to adjust the account risk to low risk:

    AUDCHF  Entry Lots = 0.6
    EURUSD  Entry Lots = 0.7
    AUDUSD Entry Lots = 0.7
    EURAUD Entry Lots = 1.05
    GBPAUD Entry Lots = 1.05
    USDCAD Entry Lots = 0.94
    USDCHF Entry Lots = 0.6
    XAUUSD Entry Lots = 0.07

    Alan,

    in reply to: 21 Day Program: General questions #227095
    Alan Northam
    Participant

    Hi Fabian,

    Indicators do not show up with MT4 only on MT5.

    Alan,

    in reply to: 21 Day Program: General questions #227063
    Alan Northam
    Participant

    Hi Fabian,

    Oh OK, that is plenty of historical data.  All I had to go on was the historical data you showed on your first chart.  Why do you not have the robot installed on the chart?  Can you install the robot and then do a screenshot of its properties?

    I may be away from the computer for the rest of the day.  I will get back to you asap!

    Alan,

Viewing 15 posts - 691 through 705 (of 1,534 total)
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