Forum Replies Created
-
Posts
-
The developer of the news filter suggest removing the EA, closing MetaTrader, restart MetaTrader, and then reinstall the EA. I would even suggest to uninstall MetaTrader, download MetaTrader from your broker website, and install.
Alan,
Hi Wealth,
The news outlet should work! What problem are you having? Did you watch the video for FTMO v6.0? It shows how to configure the news filter.
Also did you add the following (see the red rectangle in the image below):
Alan,
Hi Paul4x,
The robots are created such that over many trades they will provide optimum return. Changing the settings will most likely result in less than optimum return over many trades. It is best to demo trade all the robots over a one to two week period and then pick the top performer or up to the top three performers to trade on a Challenge.
Alan,
Can you manually place trades? Place a trade with 0.01 lot size and then close it. This will indicate MetaTrader is communicating with the brokers server. Also, are you sure the broker you are using allows trading with Expert Advisors? For example forex.com does not allow using EAs on their demo accounts but you can use them on their live trading accounts. Crazy!
Alan,
Hi Sammy,
Yes, if you are going to use FTMO robots v6.0 you no longer need to load the set files.
As to whether or not to close open trades, that is a personal decision. Maybe, leave the robots that are in profit continue to trade and let them hit their TP, and close out the losing trades, as an example of how to handle this situation.
Alan,
Hi Mustafa,
The Maximum Equity Protection was hit at $50195.48, so the open trade is closed and the EA/robot is removed. This is done to keep the robot from turning downward causing your account to start losing money. This is a handy feature when using in an FTMO Challenge. To pass the challenge your FTMO account has to gain 10%. So it your account reaches 10% profit it will close the open trade and remove the robot to complete the challenge.
Alan,
Each robot works independently from all other robots. So if robot ‘A’ hits the daily loss only that EA will close the open trade and the robot will be removed from the chart.
Alan,
