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You should be using the Full tick based on real ticks for the most accurate backtesting results. The app uses blackbull data, I have found some dont backtest well on darwinexdata too at times and if that happens I pick a different EA from the app personally
Yes just make sure your mt5 account is a hedging and not a netting account and portfolio EAs will run as expected.
These will be a download link for the EAs on one of the course videos I believe, should see a little paperclip underneath one of them
If using these then you would need to run a backtest with the smallest lot size (I would suggest using mt5 with full tick based on real tick model) . And then make sure that the worst equity drawdown in the report is not greater than 50% of the account size. That way you can assess if there are suitable robots. For that size account its likely only 1-2 robots trading together will be appropriate but you need to perform a backtest to determine the risk
Hi, that seems strange. I dont understand how there could be a martingale. Can you elaborate more on why you have come to this conclusion please?
Can you share your entry protection inputs also please. And what you current account balance and equity is that you are trading this on?
Okay, thanks for the additional information. That is disappointing to hear. What was the asset with the crazy spreads and how high were they? Presumably this was not during the normal low liquidity high spread period that happens every 24 hrs
Hi Xavier, yes it sound like you have a lot of questions and a coaching session would be useful. Please email [email protected] to ask how to set that up. These EAs can be used in many different way to trade really, but the way the app is designed the most common way is to trade them for a short time and select new ones to replace the old ones regularly. Also they don’t communicate with each other, so when compiling a portfolio a simple way is to sum the drawdowns of each and make sure that this isnt greater than the available drawdown on your account (wiht a bit of a buffer of course)
Hi Lourens, to add to this. You should try backtest some of your strategies that you generated on 10k account in EA Studio with reduced lot size and account balance. I am assuming you generated with 10k, 100 leverage and 0.1 lot size. So a strategy that works well on that should perform the same on a 1k account if you change the lot size to 0.01.
Ah, I have never tried to run metatrader on a Mac. I did once using parallels but that’s different as it emulates Windows. I can suggest only to try running portable mode and see if that resolves the issue. To do this do the following:
1 – Navitage to your terminal64.exe file and create a shortcut
2 – Open the properties of the created shortcut and add /portable at the end after the “…..terminal64.exe”
3 – Then run Mt5 using the shortcut and open the fie folder and try again to copy the EAs.
Let me know how you get on 🙂
Hi, the top 10 app is continually updating but it sounds like you are referring to EAs from a course? Is this correct? Markets are always up and down, are you trading on demo or live? Can you give a brief summary of your trading experience too please as this will allow me to help you better.
Hi, just a suggestion. Why not just use google translate? Then you can communicate with everyone here?
Hi, Usually these EAs have a pretty short life and so should be changed regularly (approximately monthly). Did you run the same EAs that you did last month?
Hi, that makes zero sense. I would restart my computer and try again. If that doesnt work then I would try install mt5 to a different location (C Drive rather than the default location which can have admin issues). Let me know how you get on and if that doesn’t work I can help further
Hi Xavier, first of all yes the EAs are absolutely allowed on the funded accounts. Its usually just a matter of checking the FAQ for the prop firm but certainly FTMO, 5ers, hola prime, funded next etc all allow.
As to how would the firm know. They only see the trade history so really its all down to if something is included in the comments. Technically this would be easy enough to turn off with a small code modification so no comment was made and therefore no trace of algo trading but its better to have the comments. Its just not a problems though as its allowed.
Just trade them on FTMO and you wont have a problem. The only REAL issue when it comes to EAs is that IF another user is trading the exact same portfolio of robots then correlation will flag up and they don’t like that if its too close. The chances of that are EXTREMELY low with the prop firm app even without using the randomization feature however.
I put together a topic here a while back which I think will be very useful for you: https://community.algotradingspace.com/forums/topic/method-for-profiting-with-top-10-and-prop-firm-app/#post-465905
