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January 8, 2024 at 5:53 pm in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225621
Alan Northam
ParticipantHi Rainer,
What is the current balance of you trail account?
Alan,
January 8, 2024 at 3:01 pm in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225586Alan Northam
ParticipantHi Stephen,
This normally occurs when you have installed the wrong robots on your charts. For examle, if your account size is $10,000 then you need to install the 10K robots. At the top of the FTMO app to the right of Challenge select Account $10,000. Then you can download and install the robots.
Alan,
January 8, 2024 at 2:34 pm in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225577Alan Northam
ParticipantYes I have done this in the past. The problem is that you have to match up the trades in the EA Studio journal to the trades in Metatrader journal. This takes some manipulations. The problem is that EA Studio, being the better backtester, will take more trades than Metatrader backtester. Further, the video is with the older version of EA Studio so you cannot follow the same procedure. When I did this some time ago I found it difficult to do but with sufficient manipulation it can be done. Anyway, this has been my experience. As a result I don’t use metatrader for backtesting with the purpose of getting accurate results, instead, I use EA Studio. I don’t know if Petko has a new procedure to follow. You can contact support for help with this.
Alan,
January 8, 2024 at 1:58 pm in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225566Alan Northam
ParticipantHi Akhil,
The FTMO app results are generated by backtesting done with EA Studio using FTMO historical data. EA Studio does have 5 years of historical data for FTMO but Metatrader does not.
There is a lot of difference in the results of the FTMO V6.0 robots when backtesting between using FTMO historical data and Dukascopy historical data. So this is the reason you are seeing large differences in the backtesting results.
Alan,
January 8, 2024 at 1:27 pm in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225559Alan Northam
ParticipantHi Akhil,
FTMO does not have 5 years of historical data for the M15 time frame, so your backtesting does not start from 5 years ago.
Alan,
January 8, 2024 at 11:13 am in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225533Alan Northam
ParticipantHi Akhil,
I do not understand your question. What are you matching? Can you explain in more detail?
Alan,
January 8, 2024 at 10:54 am in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225523Alan Northam
ParticipantHi Sammy,
I am still trading V5.0 as it is still being profitable.
Alan,
January 7, 2024 at 9:06 pm in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225432Alan Northam
ParticipantHi luce,
Uncheck “Allow live trading”

Alan,
January 7, 2024 at 8:10 pm in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225420Alan Northam
ParticipantHi gabiscriba,
Glad to see you are testing both the 5.1 and 6.0 robots. This shows initiative. Both 5.1 and 6.0 robots can be traded. It appears from your comments you have already demo tested all these different options. So, just pick the ones that work best for you.
Alan,
January 7, 2024 at 7:12 pm in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225409Alan Northam
ParticipantHi Luce,
I would pick EURAUD and/or XAUUSD. Why? When I look at the top right corner of the charts I see the balance/Equity line moving upwards. This means these two pairs are currently profiting. When I look at all the other pairs I see they are all moving sideways or slightly pointing downward. I would not want to trade these pairs as they are not currently generating profits.
Alan,
January 7, 2024 at 6:10 pm in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225379Alan Northam
ParticipantHi Petko,
Comparison between FTMO app and EA Studio is now almost exactly the same:

Alan,
Alan Northam
ParticipantHi Mathew,
You don’t need to worry about the same EA being used by others while in the FTMO Challenge and Verification as the third party EA rule only applies to funded accounts.
Alan,
January 7, 2024 at 1:51 pm in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225316Alan Northam
ParticipantHi Popov,
I tested a robot from the FTMO App, compared it with EA Studio, and received different results:

Alan,
January 6, 2024 at 7:37 pm in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225153Alan Northam
ParticipantHi gabiscriba,
Those settings seem reasonable to me.
Alan,
January 6, 2024 at 7:22 pm in reply to: Prop Firm Robots App & v6.0 – New Features Released! #225147Alan Northam
ParticipantHi Luce,
Sorry for the misunderstanding. The new FTMO app was created so traders can use it to decide which are the best pairs to trade so they don’t have to demo test the robots themselves.
Alan,
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