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Petko Aleksandrov
ParticipantHello Simon,
Did you try to open and close the FSB Pro?
Also, why don’t you import the data of your broker? It is much better to generate EAs using your Historical data.
Cheers,
Petko Aleksandrov
ParticipantHello traders,
I had an interesting conversation via e-mail with one of our traders. And I wish to share it in the Forum. This way, if other traders encounter the same issue, you will know where it comes from.
Question: Just to clarify, once a requote is issued by a broker, the EAs all stop working?
Answer: It is not true. The EA works perfectly. It calculates the strategy rules and sends orders. However, the broker refuses to execute the order and returns “requote,”
Question: Also, it doesn’t explain why new EAs are not opening positions. Why wouldn’t we just adjust the code to compensate if that would be the case?
Answer: There is only one reason – the broker refuses to execute the order by returning “requote.” This condition must describe cases when the price has changed from the time the orders were placed. However, our experts use on;y “market” orders. It means the EA uses the current market price. “Requote” dos happen. The EA reacts to such cases by repeating the order. However, your case is different. No matter how many times the expert sends orders, the broker returns “requote.” The broker has programs that work in their favor against the traders. They send various error messages when they are unable or unwilling to execute an order. “Requote” is a typical malicious broker behavior.
Question: We use … broker and have corporate rates etc. so it would be a lot easier for us to continue with his broker and just pro program the code.
Answer: The expert’s code is perfect. It can be reprogrammed in many different ways. However, it cannot fix the broker’s execution in any way because the problem is in the broker’s backend.
A question to Mr. Popov from ForexSoftare: Do you have any programmers who you can recommend?
Answer from Mr. Popov: We are one of the best Expert Advisor’s programmers with 20 years of experience and more than 12 patents. You already purchased and have the best software for Expert Advisors in the industry. Be sure we do our best to provide the world’s most safe and reliable expert advisers. However, we cannot modify the broker’s behavior.
It is possible that the broker has temporary difficulties. We cannot guess that. Please ask in their support forum for the problem. You may also call their support. However, I’m hugely pessimistic that they will come with a solution.
You may continue trading with your broker with the hope they will recover. You may also try another broker.
Petko Aleksandrov
ParticipantHello traders!
Finally, we have added the Brokers page on our website. It is called Trusted Forex Brokers by Forex Academy students.
My team did the hard work to review all e-mails, forum questions and reviews we got from our traders about brokers and we came up with a list of 3 brokers(for the moment) that are most reliable and many of you have tested.
I hope the page will be useful to everyone, especially if you are new to trading and if you have a hard time selecting a broker.
Again, do not take those brokers as a recommendation, the choice is yours, there are thousands of Forex brokers, we just wanted to make it a bit easier for the beginners and most importantly to keep you away from the Scam brokers.
Cheers,
Petko Aleksandrov
ParticipantYes, the updates are always attached as resources on the same lecture where you saw the initial EAs.
Kind regards,
Petko A
March 21, 2020 at 9:29 am in reply to: Top 10 EURUSD Expert Advisors – Forex Algorithmic trading #42254Petko Aleksandrov
ParticipantThank you for the honest words, Ilan! It makes me really happy that the courses are useful!
Kind regards,
Petko A
Petko Aleksandrov
ParticipantYou are welcome! Let me know if there is anything else.
Cheers,
Petko A
March 20, 2020 at 9:31 am in reply to: Top 10 EURUSD Expert Advisors – Forex Algorithmic trading #42233Petko Aleksandrov
ParticipantHey Ilan,
yep, these are EAs from a different course. I will fix it right away.
Thanks for the info!
Cheers,
Petko Aleksandrov
ParticipantHey Ilan,
I see that the EURGBP trade opened at the same price (2 points difference is normal).
It also opened at the same bar.
But thee different hour comes because the two brokers have different server time.
You can see below the candles the last hour is 16:00 with FXTM and with JFD it is 15:00.
You can see the server time on the top of the Market Watch as well.
Cheers,
Petko Aleksandrov
ParticipantHey Ilan,
I don’t see any issues with the EAs for the moment. Just the opposite, some of the Experts trade better than what I see on the backtest.
This is because there is high volatility, and it is always useful in algorithmic trading.
The market on the lower time frame as M15 is nearly the same, you see a significant difference on the Dialy candles, but we don’t trade there.
Petko Aleksandrov
ParticipantHey Ilan,
Glad to hear from you and welcome to the Forum.
Yes, right, I use different settings when creating the strategies, but this is because I want to create different strategies.
If we always use the same settings, the EAs will be very similar, and we will not have risk diversification.
The ones that are necessary at all times are the Monte Carlo and the Min Count of trades( the bigger number the better).
Petko Aleksandrov
ParticipantHey Gert,
Yeah, that is fine to keep the Monte Carlo with 100.
Petko Aleksandrov
ParticipantHey Jenialy,
Yes, it happened at the end of 2018 and the beginning of 2019 with the Bitcoin. The brokers stopped trading with it because so many traders were profiting. Few of them nearly bankrupted.
These are shock times for the broker because of the clients’ profits. So the only logical and legal thing that can do is to pause or stop the trading of the volatile assets….we can’t do anything about it but to look for a broker that keeps the trading.
This is why it is good to have 2-3 accounts with different brokers so when such opportunities appear, you can take advantage.
Cheers,
Petko Aleksandrov
ParticipantHello Gon-co,
the Forex Historical data app is the same here and on forexsb website.
You need to select the symbol and after that the time frame. Put the timezone of your broker and download the data.
Petko Aleksandrov
ParticipantHey Gert,
If you share what changes you did exactly, it will be useful for the other beginner traders that might face that issue.
Interesting topic here, guys.
Petko Aleksandrov
ParticipantHello Luis,
You are doing an excellent job! It is all about testing and trading with the EAs.
EA Studio, in the beginning, was much simpler without Walk Forward, Normalizer, and other tools. With time, many were added, which makes it a bit more confusing and time-consuming for the traders to find their method of generating strategies.
About the number of trades, that is absolutely correct.
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