Forum Replies Created
-
Posts
-
Hi smartkary,
Everything looks good, you just need to give it more time. Like I have been telling others you can do a backtest using the Strategy Tester and the results will give you an idea on how often the robots trade.
Alan,
You can do a backtest on each of the robots using the MetaTrader Strategy Tester. This will give you an idea when the last trades were taken and how often trades are taken. From this info it will give you an idea how long you may need to wait for each robot to take the next trade.
Alan,
Hi Robert,
You can do a backtest on each of the robots using the MetaTrader Strategy Tester. This will give you an idea when the last trades were taken and how often trades are taken. From this info it will give you an idea how long you may need to wait for each robot to take the next trade.
Alan,
You should watch the video again. The majority of the video describes how to set up the robots on an FTMO demo account and how to determine the top 1 and top 3 robots to trade. In one of his challenges he trades with just 1 robot and in a second challenge he trades with the top 3. Near the end of the video he then mentions he also passed a challenge by trading all 8 robots. If you decide to trade all 8 robots pay attention to the account risk.
Alan,
The Maximum Equity Protection has been triggered. When this happens all open orders for that EA will be closed and the EA will be removed from the chart.
If demo trading V6.0 make sure you downloaded the robots that match your account size.
If demo trading V5.1 make sure you load the setfile that matches your account size.
Alan,
The Maximum Equity Protection has been triggered. When this happens all open orders for that EA will be closed and the EA will be removed from the chart. To correct this go the the EA Properties dialog box and scroll down to the Max Equity Protection line and change the value to a lower amount.
Also I notice you installed the 100K EA on the chart. Is the demo account a 100K account? If not, you can correct the error problem by installing the EA that matches your account size.
Alan,
You would need to contact [email protected] to answer that question.
Alan,
Hi Johann,
If you have purchased on the the several FTMO plan options go to your Account, click on the FTMO robot app Tab, select the robots you want to download. If you cannot download the robots then you need to contact [email protected] .
Alan,
Hi Danny,
It has been typical in all the FTMO robots created by Petko that they don’t necessarily place a lot a trades in a short period of time but the trades that are placed have a higher probability of being winners. Also, we are still in the latter days of the holiday period when volatility is low. I would expect volatility to start picking up next week and you may start to see more trades. Hang in there!
Alan,
Hi Miguel,
I have addressed this with FTMO support. They do not block traders until there is a total of all traders accounts adding up to $400,000. Once this amount is reached they will send emails to all traders trading the same strategy and ask them to change their strategy. It is only after they send out the email and the traders refuse to change their strategy that they will lock out your account. So, there is really nothing to worry about when trading with FTMO. Petko has started in another Topic you can change the strategy by changing the indicators settings by a small amount and it will not significantly change the performance of the EA. Petko also says you can change the strategy by changing the Magic Number.
Alan,
Hi David,
Petko suggests trading the top 1 to 3 performers. Petko has indicated in another topic he has never failed a challenge when trading the top 1 performer. He says it just takes longer.
Please keep in mind when you trade just the top 1 performer your account risk is limited to 1%. When trading the top 3 your account risk becomes 3%. Trading the top 3 performers can help you pass the challenge sooner but comes at a cost of increasing risk to 3%.
Alan,
Hi David,
When testing to find the best performing robots Petko suggests one to two weeks. Petko has also indicated he likes to see from three to five closed trades on the top performing robots with a profit factor of 1.2 or greater.
Alan,
