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Viewing 15 posts - 1,246 through 1,260 (of 1,534 total)
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  • in reply to: Error in mql5 USDJPY #201415
    User AvatarAlan Northam
    Participant

    Are the pairs you are referring too the FTMO Version 4.2 pairs? If so, make sure the pairs are attached to the correct chart and attached to the M1 period.

    in reply to: Prop Firm Robots: Errors and Solutions #201372
    User AvatarAlan Northam
    Participant

    Does M1 historical data go back to Oct 1, 2023?

    Also start with smaller lot size such as 0.3, and 0.3.

    Also I must advise that MetaTrader does not do a good job with backtesting!  The creator of FSBpro recognized this years ago and decided to develop a much better backtester.  FSBpro and EA Studio are the best backtesters available!

    in reply to: FTMO Robot: V4.3: What’s new? #201362
    User AvatarAlan Northam
    Participant

    Does M1 historical data go back to Oct 1, 2023?

    Also start with smaller lot size such as 0.3, and 0.3.

    Also I must advise that MetaTrader does not do a good job with backtesting!  The creator of FSBpro recognized this years ago and decided to develop a much better backtester.  FSBpro and EA Studio are the best backtesters available!

    in reply to: MFF EVALUATION #201339
    User AvatarAlan Northam
    Participant

    Thanks Aaron!

    in reply to: Prop Firm Robots: Settings and Inputs #201318
    User AvatarAlan Northam
    Participant

    The only change you need to make is to adjust the lot size based upon your account size to reduce risk!  The following recommendations limit risk to 1%.  You can adjust the recommended based upon your tolerance to risk.

    200K Account: Amount for new position = 6.0 / Maximum position amount = 6.0
    100K Account: Amount for new position = 3.0 / Maximum position amount = 3.0
    50K Account: Amount for new position = 1.5 / Maximum position amount = 1.5
    25K Account: Amount for new position = 0.75 / Maximum position amount = 0.75
    10K Account: Amount for new position = 0.30 / Maximum position amount = 0.30

    in reply to: Error in mql5 USDJPY #201317
    User AvatarAlan Northam
    Participant

    Upgrade to latest version of MT5. This should fix this problem.

    in reply to: EA Studios Related Questions #201314
    User AvatarAlan Northam
    Participant

    Reduce minimum count of trades to 100 or less and try again. After generator stops running you can go to Collections and further filter the count of trades to a higher number. If you still have problems add new comments and we can help you further.

    in reply to: MFF EVALUATION #201299
    User AvatarAlan Northam
    Participant

    MyForexFunds. com is now formally gone!

    in reply to: FTMO DEMO #201224
    User AvatarAlan Northam
    Participant

    The following is the results of my third test of the FTMO robot V4.1 on an FTMO 14 day free demo account from Sept 12, 2023 through Sept 25, 2023.  Account size $10,000.  Lot size was 0.3 the recommended lot size for this account size.  The profit was 3.69% with a drawdown of 0.89%.   If I combine the three test together the results would show a profit of 7.6%.   If future testing shows the same rate of profit it should take just a total of 2 months to reach the target profit of 10% to pass the challenge.

    I will now start another 14 day demo and continue to test the FTMO EURUSD EA version 4.1 and should theoretically complete the challenge within the next 14 day demo period.

    Note I continue to test FTMO EURUSD version 4.1 and not version 4.2.  What I am trying to test is how long will a single EA continue to show good results.

     

    in reply to: Prop Firm Robots: Settings and Inputs #200524
    User AvatarAlan Northam
    Participant

    It looks like overall the FTMO robots are showing profit from how I read your comments. I recommend testing the robots with an FTMO Demo account over at least one month. Since the FTMO Demo account only last for 14 days you would have to do it twice. After one month review the results. I have been doing this since the first of August for the FTMO EURUSD EA version 4.1. You can review my results in the forum.

    in reply to: Something’s wrong… #200504
    User AvatarAlan Northam
    Participant

    I have seen big losses with my account this week also and my account is made up of EAs I created using ExpressGenerator and EA Studio.  This is not a problem with the EAs (robots) this just is not a good trading week.  Hang in there and profits are ahead in the weeks to come.  You do not need to make any changes to your EAs.

    in reply to: Weekley EA’s Discontinued? #200264
    User AvatarAlan Northam
    Participant

    Which course are you referring too so I can look it up in order to answer your question?

    in reply to: Management of robots #200262
    User AvatarAlan Northam
    Participant

    200K Account: Amount for new position = 6.0 / Maximum position amount = 6.0
    100K Account: Amount for new position = 3.0 / Maximum position amount = 3.0
    50K Account: Amount for new position = 1.5 / Maximum position amount = 1.5
    25K Account: Amount for new position = 0.75 / Maximum position amount = 0.75
    10K Account: Amount for new position = 0.30 / Maximum position amount = 0.30

    in reply to: Management of robots #200260
    User AvatarAlan Northam
    Participant

    From which course are you referring too?

    in reply to: Something’s wrong… #200257
    User AvatarAlan Northam
    Participant

    Nothing is wrong. Give the strategies more time to open and close trades. I recommend back-testing to 30 days and then review the results!

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