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Hello Jospjn!
Glad to hear from you. I am surprised that you got 200k bars on M15? From where?
Also, my recent tests show that the more bars we have the slower EA Studio generator becomes.
Try generating strategies with about 50k-70k bars.
Let me know.
Dear traders,
I really hope that you are having a great summer!
I have just uploaded all the EAs for August. You can find them as resource files attached to the lectures where I show how to place those on MetaTrader.
Please, make sure to practice first on a Demo account.
Cheers,
Petko a
Hello Leonard,
At the current moment, the Bitcoin is very volatile and the brokers keep huge spreads.
I see that at the moment you have opened the trade you have + $150 spread.
Now, the spread is the Ask price – Bid price.
When you sell you are selling on the Bid price. In your case, this was $10959. At the moment of the picture, the bid price is $10899. Also, you see this price on the chart.
And because you have a spread of + $150(I think around $155), your Ask price at the moment is $11054. And this price is higher than your entry price – $10959.
Your sell trade will be closed on the sell price. The sell price must get below the entry price so that you can see a profit in the account.
In simple words, I would not trade using brokers at the moment. And Pepperstone is a broker with one of the lowest spread for the Bitcoin.
If you are trading manually, you better use Exchanges like Coinbase. But even with Expert Advisors, it is really hard to do any profits on such a huge spread.
Hello FXtadeusz,
Glad to hear your ideas. Marin gave you a detailed answer on the first 2. For the last, I have put it in my to-do list, and I will do my best to record such videos next week!
Kind regards,
Hello Jospjn,
It is a fantastic idea to test a few different brokers. And as well I would appreciate it if you share with us which broker showed the best results.
Of course, if you want to compare them you need to generate EAs using each brokers’ data but test them on all brokers.
This is something we prepare to show in the upcoming course.
Cheers,
Hello Fxtdeusz !
It is great if you share results. I asked at the beginning many times the students to start sharing results because this way it is useful for everyone.
Everyone can see how others are doing, and I can see how the EAs that I provide are doing on different brokers. Because I can not really test on many different brokers, just a few.
So do not hesitate to share results no matter good or bad! It is always useful!
Cheers,
Dear students,
I hope you are doing great!
I have updated the Basic Cryptocurrency trading course!
Some of the EAs are new, and some are updated. The BTC is again above the $10, and we are excited to see what will happen.
However, trading with the EAs is still the method to trade without emotions on the market.
Safe trading!
Petko A
Hello Ramsojay!
Welcome to the Forum, and I am happy to hear that you want to learn!
You can’t believe how important it is to learn first and then to trade.
Most of our students first lose and then they come to learn.
Good luck and let me know if you have any questions!
Regards,
Hey Christian,
To be honest with you this month July was very hard. Many of the traders reported to me that they did losses.
It is because the EURUSD broke the long-range and it is very bullish. This affected the EAs because they were generated over Historical data that is for the range of the EURUSD.
Now I am working on updating the EAs with more recent Historical data – no more than 50 000 bars (keeping all the acceptance criteria).
There are always such months – I am at around 10% this month, but with much more from the Cryptocurrencies system that I show in my latest course the Cryptocurrency Investment strategy.
Anyway, what you can do is just to lower the lots to 0.01 ot live or spend more time on Demo until you figure it out how exactly you want to do it.
Regarding the trades, you might want to give it longer time and not to try catching a consecutive profit because this is hard. At the same time, if you see that everything goes down, you have to pause the trading for a while because obviously the problem is from the market itself. It took an unexpected and opposite direction.
This is why we use different strategies – to catch the different market conditions, but if at one moment it goes bad for all of the EAs, it is better to stop.
Hello Jospin.
You need to change the timezone if your broker changes it.
Have a look at this video so you will know how to synchronize it:
Hi there!
The free EA Studio allows you to use all the features – generator, optimizer, robustness tools, Historical data, etc. The thing you can not do with it is to export Expert Advisors (Robots).
But you can test it for 15 days with the free trial. You can export as many EAs as you wish. There is no limitation.
The only difference better the EA Studio license and the trial is that you can not export Portfolio EAs with the trial.
Hey Christopher,
Glad to hear from you. Welcome to the Forum and don’t worry about the English, it is just fine, and as you can see mine is not good as well 🙂
It is hard to manage the EAs. That is true.
But it doesn’t really mean that the good EAs wills tart losing, it really depends on many things. Mainly from the market.
When you put the EAs on the live account do you follow the results with FX Blue and how do you decide when to remove them?
Let me know.
Regards,
Hello Thomas,
Welcome to the Forum!
The EA Studio works on the current market conditions. This means that all strategies open the trades when the entry conditions are met. For example, when 2 moving averages cross each other. When the next bar opens, the trade will be executed.
Using pending orders is popular if you are using Support and Resistance or price levels. But when using indicators and there is an event (crossing of the MAs) which will place a Pending Order, the market could change until the Order is executed.
In simple words, the EAs that are generated with EA Studio trading at the moment according to the current market. And this is how it should be.
