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Glad to hear you managed it, James.
I know it is hard sometimes to start, to find the best broker, to get more Historical data, to fit the acceptance criteria and all, but no one said it is easy to do it. 🙂
This is why I am here, and the other fellows in the forum to help each other out.
Do not hesitate to drop any other questions or share your experience.
Kind regards,
Petko A
Hi Adam,
why do you want to change the SL and TP manually? There is no sense in this. if you want to use exact SL and TP for your EAs you can set them in the strategy and optimize the other parameters with the Optimizer. But if you have a generated strategy and after that, you change the SL and the TP do you get better results with EA Studio backtest? I doubt it…
I see you are putting some manual trading emotions in your EA Trading. i guess everyone does that at the beginning. If the price reaches towards the TP, you should not hurry to close the trade or to get angry if the price gets the other way. That is exactly what causes manual traders to lose.
Leave the EAs do their work, and just monitor them on Demo and live account. if you see which ones are profitable(as you have some already) you can place them on a live.
Have a nice weekend!
Hello Petko,
thank you! All the progress I did is because of your precious education and the EA Studio software. I would not imagine anymore trading another way. Before I was just losing in manual trading. Here is the real thing and I am very glad I found you and the Academy almost two years ago.
Hi Sharapova,
thanks for the kind words. I would be glad if my work motivates the others. Of course, these are some quick profits I did. I aim at the longer-term trading so let’s see how it goes.
Cheers,
Hello Adam,
thank you for writing in the Forum. Appreciate you have attached pictures which makes it easier for me and the others to see.
Now, first of all, keep in mind that this software is coded for many years now and thousands of users are using it. All bugs and mistakes were fixed long ago. Of course, its a code, there could be something always.
Now here is what you are missing:
1. The SL and TP are generated according to the Historical data you have and the acceptance criteria you have selected to use. From my experience, I saw that it does not really have to be an SL smaller then TP. I know the “old trading” rule for having Sl 3 times smaller than the TP, and many people realize it was quite wrong when using the EA Studio backtester. Of course, you can find some strategies with such SL and TP but not too many.
Now, what I see on your picture is normal. It will always happen that the price will go towards the TP and turn the other way around. But the SL and the TP are set based on many trades(not only one situation that you have in your case).
Regarding the trailing SL, you can set it when generating the strategies:
If you select to use it, all the EAs will be with a trailing SL.
2. In the second picture, you are looking at two different EAs.
On the right up corner, you have the number of the EA that is attached to the chart. In this case, it is 01843265, not 99186720.
So for me, I do not see anything wrong in the pictures you shared. Make sure you look at the right EAs.
Regards,
Yes, since you are from US, there is the FIFO regulation. Which means that you can not trade more than one EA per currency pair.
Now there was a discussion about that in the Forum. Some students shared they can trade but with different lots. For example, if you have 3 EAs on EURUSD, one can be with 0.1 lots, the other one with 1.11 lots, and the third one with 0.12 lots. Or any similar combination.
Also, there are some brokers that allow US clients. Maybe some of the students from there can share it.
Cheers,
P.S they wrote to you about the number of trade, not the number of EA. Each trade, no matter how you opened – manually or automatically, has a number.
Hello James,
The Read-only password is the same as the Investor password. Normally this is a second one you get, that you can share to someone(investor) who can only monitor the account without managing any trades. So they can just watch into your account. This same password is used to connect FX Blue with your MT terminal.
Hello James,
make sure yo select the exact same server(sometimes the difference is very small). Also, use the Investor password or the Read-Only password.
Kind regards,
Hello Simon,
Actually, this is the normal price of the courses for the last 1 year. We had a long summer discount on the courses which is now over. Anyway, there will be promotions again.
Cheers,
Hello James,
Welcome to the Forum. Sharapova gave you a great answer.
If you have started the generator or the reactor and after that, you see that it did not complete, closed or no results(did not reach to 100% of the progress) it means that the computer most probably restarted. In this case, the work if EA Studio will not be saved.
If it reached 100% then all the work is in the collection. There you will see the strategies. The best thing is to download them.
Regarding the trades in MT, really hard to say what happened. If you see the smiley face on your chart with the EA, it means that the EA works.
Let us know how it goes!
Cheers,
Hey Andi,
Glad to hear you are into the Portfolio EAs. You results look great! Good job! Very proud of you and the progress you did!
Hey Andi!
Very motivating to see your results. They are really amazing. You did 3k for 2 weeks, man! Very aggressive and successful! Good job!
My best results for 2 weeks with the Portfolio EAs is 1600EUR in a 15k account. So still much to reach you.
Happy to see such results!!!
Hello James,
what you had of total 3 trades is just normal especially if you trade with few EAs. Probably the ones that you saw last night are the ones you see in the account history today.
Regarding EA Studio, if your computer restarted it will now keep the work. With me sometimes, when there is an update, the computer restarts and I see the browsers reopened but no strategies in the collection. So this is normal.
Anyway, I prefer not to switch off the updating because I do not want to miss updates. The best for the trading, of course, is to keep the EAs and the generator/reactor running all the time.
I trade all the time as well. If you pause or stop the EAs, it will be harder to follow precise results after that. What if you are unable to do that one weekend? It will become a mess.
As Petko said the generator wors over all the Historical data. Now if you want your trades to close on Friday, you can select that when you generate strategies:
If you select it. You will generate strategies that actually closed on Friday. And you will have a better backtest.
