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Hey Chris,
I am not sure about which course you are asking – the 99 Forex EAs, 99 Bitcoin EAs or the 99 Ethereum EAs, but for the three of them I create new EAs every month.
So the new EAs that come are totally new and different.
Now, to make it a bit clearer the courses with Top 10 EAs for the EURUSD, GBPUSD and USDJPY, I update the EAs every 2-3 months when ever it is needed.
Let me know if there is something else.
Kind regards,
Petko AHello Andi,
all updates for the courses will be released as always by the end of the first week in January.
Kind regards,
Hey Petko, such a topic will be great. This way we can follow along with the new courses and all of the automated trading you do.
That is quite interesting information Petko. Last days I was around the brokers, asking different questions, I saw that some offer bonuses and I decided it was scam. Thanks for the info!
I think brokers should do it more accessible and transparent.
We fund accounts and we do not know where are actually our money, which bank? Some say they are guaranteed, by who?
We open trades and we do not know where are the servers? Even they say in USA, where? US is so so big…
Feel like those are doing their game, and we are struggling even to start the real trading…
WHY THEY DO NOT HAVE FORUMS????
What I liked really about EA Forex Academy and Petko is that they are so transparent. Here is the Forum, every one can write, share, complain…and actually i did not see complains so far..
I know the courses, I know the lectures, the EAs, Petko answers all questions, all is really transparent, nothing to doubt about.
I have spend 2 days reading and looking for Forex VPS, brokers, where are the servers, the support of the brokers are really not competent. Anything I asked was answered not precisely…
Just, in nowadays I do believe that everything should be clear and opened, so we can feel safe trading. Even I succeed to make profits from the EAs of Petko, I feel like I can not start relaxed…
Hello Jacpin,
yes, it is good to have couple of EAs ready because sometimes it might happen that few of your EAs on real account lose. And if you have ready ones, you just replace them, and if you do not have you will lose few more days until you prepare them and test them…or even weeks.
EA Studio really gives freedom to the trader not to be limited with the number of EAs he is using.
Imagine you buy EAs from the market, you will be far away from what you are doing now, and you will need spend thousands of dollars, and still you will not have so many EAs daily, weekly, monthly.
Cheers, Jie! It is important all to be clear! When to exit a trade is as much important as when to enter into it.
Guys, when I say in the course different browsers I mean different tabs. So you can use the EA Studio simultaneously in few tabs in one browser, for example Chrome.
I noticed that if I separate in new tab windows it works faster.
As well you can leave it generating at home, and use it at your work, or you can leave it at work generating for 12-15 hours and in the same time use it at home…there are no limitations with EA Studio.
Hello Jacpin,
thank you so much for the information again!
I hope soon you will not need to work full time and you can depend on the income from the trading. of course if you like your job it will be great to combine it and have double or triple income 🙂
I run it as well on Chrome and Mozilla and it works fast with me..I did not have an issue with the speed of the generator or the reactor.
May be I missed the different browsers because initially I started learning FSB Pro, and there it is one license for one computer. So I decided that EA studio works on one computer in one browser.
I have used some of the BTC EAs before I traveled from the course of Petko, and they did well.
I will test your 70% method for sure!
Have a great weekend!
Andi
Hehehe, sounds so logical to ask 🙂
I will make sure to find out as much as I can before deciding with FOREX VPS to use, or if I will go with Petko’s suggestion about having it all at home.
Thanks for your help, Hamselv!
Hello Chris,
Glad to hear from you.
Yes, some of the EAs do not have SL and TP, so when to exit a trade?
They have exit conditions. These normally are indicators which give an exit signal.
Also, all of the EAs in this course are with Reverse option. This means that when there is an opposite directional signal, it will reverse the trade.
So if you have a long trade opened with some of the strategy, and the same entry conditions(same as those that opened the trade) happen for sell signal, it will close the trade, and it will open a short trade.
And yes, the idea of algorithmic trading is to leave the EAs do their job. Anyway if you decide to touch them when there are opened trades, you will put some emotions in which is exactly what we want to avoid.
About the TP, I guess you are talking about the strategy ending on 007. Yes, this is realistic TP and if you run a back test you will see in the journal that there were times when the TP was reached:
Also, when I use such a huge TP, I combine it with Trailing Stop Limit to make sure if the price goes on profit and reverse, some profit will be taken.
In this case I used 70 pips. So if the price goes on profit of 170 and reverses, we will still have 100 pips.
So there are many options when to exit a trade and how. FSB pro gives many possibilities when creating the EAs.
Hey Hamselv,
Good to know that…and a bit worried because I chose an Asian broker which is on the other side of the Earth. But they actually have offices in UK, so I do not know where are the servers, and I do not think I can find that out…
Thanks for sharing that, anyway I do not trade M1, except the EAs from Petko, but I have not noticed issues with execution.
