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Hello Hamselv,
no, the time zone on the VPS or on your computer does not have impact with these EAs.
The EAs are on M15 chart and this chart is one and the same on all time frames. Same as M1, M5, H1 chart. Now the H4, D1, W and M charts have differences as their open and close prices are different with the different time zones.
For example, here in Bulgaria we are two hours earlier than UK. So our H4 candles open 2 hours earlier, just in the middle of the UK H4 candles.
So if you are trading on any of the lower times frames, you can select any Forex VPS that works for you.
Kind regards,
Hey Petko, you are right about that. If humans trade it will be impossible to have portfolio of strategies.
Imagine for one day trading with 2-3 strategies you will need 3 people trading 8 hours each.
Hello Jacpin I tried to do it so I can answer you but failed to do it…I did it before but also can’t remember
Thank you indeed, I missed to see your answer Petko.
So should I reduce my Historical data? I guess this way I will put more weight on the recent market data.
And by the way FSB is the best tool I have ever used in trading.
Hey Petko,
Thanks for the updates, a bit late this month but the previous month was great for me. Thanks for all the work!
So as far as I get it, we need to start slowly with couple of EAs and when one gets confident to increase it.
Does this mean that if I start trading with 1k account and I want to trade with 0.1, and I have some eas, if I want to add more eas, I should reduce the trading amount of all eas but summery to have 0,1 lots?
Guys, keep in mind that it is not said you need to place all the EA I provide..take it easy. Place 2-3 system(10-12 EAs each). When you are into it, know what you are doing, separating properly the best performers, making some profits, than you can add another asset with different EAs, or different portfolio of my courses.
As they say ” Do not jump in the deep water from the beginning”
Hello Jacpin,
thank you for sharing your experience. That is really great information for the other traders from US that might be reading this topic.
Now keep in mind that trading with different lot sizes will not change the strategy.
The only hard thing could be the decision which EAs to trade with smaller/bigger lots.
But possible solution could be the ones that are having better results on the Demo to be used with a bit bigger lots.
For example, if you have 10 EAs on Demo for one currency pair, and you want to take the Top 3 from there, you can trade with 0.13 the one with highest profit, with 0.12 the second one, and with 0.11 the third.
However, once placed on the live account you will need to follow pips result, and not net profit.
Also, if you keep them on Demo account, you can follow their performance there(having in mind that Demo and Live should open same trades).
Anyway, this gives kind of freedom to the US traders around the FIFO violation.
As said most of the times the issue comes when the whole History is not shown in Meta Trader. This is because the FX BLue takes the data that is displayed over there. To make it all visible, you need to click right mouse over the result:
Hey Sisi,
thank you for the kind words! Well yes, this is the idea of optimization, to make the losing EAs profitable.
Kind regards,
Hello Jacpin,
can you please share your experience regarding the FIFO Violation? Is it same with your broker as David said, possible to trade one asset in one account but with different lots?
Kind regards,
Petko AMost of the time when you get such a bonus there is some hidden information like “You need to trade X number of lots before you can redraw your funds”
This is a little bit tricky because they hold your money. Normally they can’t, if they are regulated. So once you make a redraw they will just take the bonus.
So it is more of a tool to hold you money longer..anyway these are practices of the regulated broker, and these are not Scam brokers.
Some of the regulated brokers do actually provide bonus when you fund the account, but it should be 10-20% anyway it might be Scam brokers
Yes, you are right al_kuwait! I have noticed that as well.
I placed each course from Petko on a separate Meta Trader. It took me quite of space, because I placed different monitors for each computer, this way I know which is which. Very clearly and easy to see the top performers from each courses. Also, I consider taking lifetime to EA Studio and building my own.
I go slowly but steady results in my small live accounts.
Hello al_kuwait55, Thank you for the kind words! I am very happy that I succeed to answer all questions. Of course sometimes when it is something on the technical side I do not know the answer, but I do my best to find it out, and inform the students.
Everyday for me is a new challenge to learn new things, and we should never stop learning…
