Forum Replies Created
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Petko Aleksandrov
ParticipantHey Veejay,
I think you are missing something with the historical data. Could you please attach a screenshot so we can see better?
For the Gold, you need to place a wider range for sure. Try 10-10000. And see what values will be there in the strategies that are generated.
Usually, the gold is with different count of digits with the brokers. Usually, it would 200 pips= $20. But it might be different.
Strange you don’t get strategies for EURUSD….you can test if the issue is with the broker. Just remove the acceptance criteria, and generate. If still nothing, it is something from the Historical data. If it works, just start adding acceptance criteria slowly, one by one and you will see what stops you…
Petko Aleksandrov
ParticipantHey Junaid,
Please, do not post links of brokers(especially scammers) in the Forum. Anyway, you are welcome to ask.
I would also suggest you stick to the popular huge brokers.
Petko Aleksandrov
ParticipantThat is the next course I am looking at 🙂 I don’t understand the walk forward and I believe that this course will help me understand it.
Petko Aleksandrov
ParticipantI have a friend in the US, and he uses an Australian broker to avoid the FIFO rule. It was something like Blueberry or something close.
Petko Aleksandrov
ParticipantI can’t believe what I read… how come the people do not recognize the Scam Brokers??
Looks like they do Wolf on the Wallstreet nowadays but in a modern way – forex and robots.
June 15, 2020 at 11:22 pm in reply to: How satisfied are you with the automated trading software EA Studio? #51142Petko Aleksandrov
ParticipantHey Van! Fifty percent!!! You rock man!
Can you share more of your trading with us? How many EAs do you test on Demo and how many you trade on live? What lots? Money management?
Check out the new video in the Historical data app. Petko shows how to use that data for other brokers. it is awesome.
Petko Aleksandrov
ParticipantYeah, I would be interested to test their MT as well.
Cheers,
Petko Aleksandrov
ParticipantHello Leonard,
If you change the entry lot from 1 lot to 2, you don’t change the distances. Keep the distance 210 dollars which will bring you $420 when trading with 2 lots.
And yes, Petko modifies that robot when it is needed. I did a backtest of it and it shows nice results. Regarding the other questions, I can’t get them so Petko will answer 🙂
Petko Aleksandrov
ParticipantHello, and welcome to the Forum!
I think you are doing a pretty good job and you realize what you are doing.
However, the min count of trades are small, you need to keep at least 300 as a min.
If you tried and you fail to get any strategies it is because you have a small number of bars?
If you use the Free Forex Historical Data app, there are more bars, why would you use less than 15k?
Also, you may want to try generating EAs not just for the GBPUSD because this will bring you more diversification.
Cheers,
Petko Aleksandrov
ParticipantHello Faraz,
I am glad to hear that you were compensated.
This happened because the brokers offer the futures price. Not the spot price.
Anyway, regarding the brokers…it is up to you. I am a bit skeptical of IC Markets because some students reported losses with my EAs, while they were actually profiting with me on JFD, for example.
But you can give it a try.
Also, if you are satisfied with your broker (Interactive Brokers) I do not see a reason to look for a different one.
The margin is like that with most brokers, so it is not something special with IC.
Cheers.
Petko Aleksandrov
ParticipantSure, let me know if there is anything else.
Cheers,
June 13, 2020 at 12:23 am in reply to: Bitcoin trading course: Cryptocurrency never losing formula #50902Petko Aleksandrov
ParticipantHey Ilan,
Glad to hear from you, and that you figured it out. Sorry for the late replay, I just don’t succeed sometimes answering everyone everywhere – forum, Facebook, youtube… but I did it to myself 🙂
Regarding the broker, it is really up to you. I avoid recommending it. Even the brokers on the website, I do not recommend them, I asked my team to place regulated brokers so it is easy for the beginners. Coinbase does not offer MetaTrader. Just exchange.
Above the swap, you have Swap Type – in percentage in your case. I think it is a percent of the position size.
Regarding the formula. let me know if there comes something new that is not clear.
June 13, 2020 at 12:12 am in reply to: Identifying Similar EAs during Multiple Strategy Generation Sessions #50901Petko Aleksandrov
ParticipantGreat topic here guys, and a good idea for a video. I will do it next days!
Petko Aleksandrov
ParticipantHey guys,
I have been using EA Studio every single day, and I don’t see any issues with the speed.
Faraz, keep in mind that when EA Studio is loaded, it does not have anything to do with the server. It works just on the browser.
It works as it is on your computer.
It might calculate fewer strategies on the lower time frames because you have more bars. On the higher time frames, it will calculate millions. Of course, it depends on the acceptance criteria which will pass.
The logic is simple – the more bars you have the more calculations it does. It is a lot of mathematical formulas behind the generator… The more values there are (bars) the fewer strategies will be calculated.
Petko Aleksandrov
ParticipantHey Leonard,
Glad to hear from you in the Forum. For the cryptos I use Pepperstone broker. But don’t take it as a recommendation.
I am not really sure that I understand your question about the NLF.
Where did you get these numbers from? Did you change the distances or?
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