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Petko Aleksandrov
ParticipantHey Faraz,
Glad to hear that you are working on finding the right broker for yourself.
However, do not take the listed brokers as recommendations, I just asked the team to build the page so it will be easier for our students to find a regulated broker. As you already know there are many scammers around.
What is your experience with Interactive Brokers? I know they are reliable for stocks but I have never used them. Don’t they have MetaTrader with Automated Trading?
Petko Aleksandrov
ParticipantHey Faraz,
I stick to the brokers that are listed on the brokers’ page and I did not have an issue. Even I am not sure if Dukascopy is a market maker or not???
Anyway, what Richard says is right.
Also, did you watch the new video from Petko where he shows how to fit the Historical data from the App for your broker? It works fine with JFD. Here is the video:
Petko Aleksandrov
ParticipantHey Faraz,
It looks like you have a very powerful VPS!!! Are you using it just for trading?
If you have something else in there which uses the RAM(even you have a lot) this might slow down the process.
EA Studio runs on a server and on the browser at the same time. Make sure you use Chrome.
June 9, 2020 at 2:30 pm in reply to: Identifying Similar EAs during Multiple Strategy Generation Sessions #50513Petko Aleksandrov
ParticipantThat is quite interesting, I have never thought about it 🙂 I didn’t think it is an issue because I usually run the Reactor for different currencies, and then I come back to the first one, but yeah, some of the strategies might be similar this way…
So we should be downloading the collection as well, and save it for the next time we tun the reactor for this asset and this time frame, right?
Petko, would you mind making a video about this 🙂 🙂 🙂
Petko Aleksandrov
ParticipantHey Ilan,
In the navigator, we see the names of the Expert Advisors. It might be the case, that you have changed some of the magic numbers from the Inputs. This will not display as a change in the Navigator. The name of the EA will not change, just the magic number inside.
The other reason that comes to my mind is that you have that EA running on another MT on another PC/VPS. And if you are logged in there, that EA results will show in this MT that you have captured in the screenshot.
Petko Aleksandrov
ParticipantHello Faraz,
yes, in the collection you will always the top 100 strategies. You can not see the rest. Anyway, you can set on the side additional acceptance criteria, and while the Reactor is working you can filter the EAs so it won’t reach 100 by using your extra criteria.
If you want to have just more strategies than 100, you will need to download the collection when it reaches 100, and delete the strategies so you will collect the new ones.
By the way, you use a very small value for count of trades. Go for 300 as a minimum.
Cheers,
June 7, 2020 at 2:27 pm in reply to: What should I aim for in terms of returns? Setting Expectations #50411Petko Aleksandrov
ParticipantHello Jbcdk,
Glad to hear from you in the Forum. It looks like you are doing a great job with the EAs in the account. And the profits you have are nice.
I upload back the EAs in EA Studio and recalculate with the recent Historical Data. That is the easiest and fastest way to see the statistics with the EAs.
Also, you can drop many EAs in the collection using the Validator.
June 7, 2020 at 9:08 am in reply to: Identifying Similar EAs during Multiple Strategy Generation Sessions #50405Petko Aleksandrov
ParticipantHey guys,
Interesting topic here! I was thinking about recording such a video. And, yes, what Andi says is correct. That is the only way to make sure you have different strategies when running a generator multiple times.
But keep in mind that this is only for one and the same currency pair, and for one and the same time frame.
Petko Aleksandrov
ParticipantHello Janiealyinvest,
Can you make your questions clearer?
Petko Aleksandrov
ParticipantHey Leonard,
Petko launches updates during the first week of the month. Here you can follow them:
The Experts come in zipped files that are named with the month and year.
June 5, 2020 at 9:06 am in reply to: Identifying Similar EAs during Multiple Strategy Generation Sessions #50380Petko Aleksandrov
ParticipantHello Faraz,
Welcome to the Forum! Yes, Petko’s courses made many lives easier. I had been trading many years before that and never had constant success.
Anyway, your question is quite logical. I got your point, and I think there is a way to go around it.
If you run the Generator on the second day, just don’t delete the strategies from the collection. This way, the correlation analysis will apply.
So, for example, if you have ten strategies from the first day, add them to the portfolio but leave them in the collection. Write down in excel the IDs for these strategies, so you will recognize which are the new ones from the second day. And the correlation analysis will do its work this way.
Give it a try and let me know. I never thought about that.
Petko Aleksandrov
ParticipantHey Ilan,
Yes, you are right. Glad to hear that the account recovers.
Anyway, there is a saying in trading that “History repeats itself” I never saw that in a 100% happening, but there are times when similar moves happen.
When using the EA Studio or FSB Pro we have the chance to generate EAs that take the average best parameters for the indicators and SL and TP.
So there is no guarantee that the values we use will work in the future, but at least we know which values worked the best for many cases – exactly the Count of Trades. These are the events that repeat with the EAs, and this is what we need to focus on.
So the more count of trades the strategy has, the bigger chance this event will work for the future as well.
I hope that makes it a bit clearer.
Cheers,
June 3, 2020 at 2:22 pm in reply to: What should I aim for in terms of returns? Setting Expectations #50329Petko Aleksandrov
ParticipantHey Simon,
Glad to hear from you again!
Yes, 2% is the smartest you can keep. I allow myself sometimes to go to 5%. Anyway, it depends on the lots as well.
What I always suggest as a good approach s to trade with 0.01 and just add more and more tested (on a Demo) EAs.
Cheers,
Petko Aleksandrov
ParticipantHello Leonard,
the difference is that in the 99 EA Bitcoin robot course I include 99 EAs int he course itself every month.
The Free start-up course with EA Studio teaches you how to generate EAs by yourself, and there are no EAs included.
Cheers,
Petko Aleksandrov
ParticipantHello Leonard,
Welcome to the Forum. I would suggest you first complete the course, and I am sure you will find the answers to most of your questions.
However, here are the answers.
1. You can use the Robot and the NLF with any loss you wish. obviously, if you use smaller lots, the profit will be smaller. For example, if you trade with 0.1, the profit will be $21 instead of $210(trading a complete 1 lot).
2. You can trade in both directions, it is up to you. In the course, I show how I combine it with the trend, so the entries are stronger.
3. This robot is designed to work with the NLF. That is why it has a TP of $210. Also, there is not SL, because we use the NLF. This is why you might see the loss because there is no SL and you didn’t use the formula to exit.
Cheers,
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