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The FTMO M1 AUDEUR FILTERR M30 robot is backtested to be profitable. However, there will be periods when all robots will go through a drawdown period.
To test the robot use MetaTrader Strategy Tester from the first of the year to present.
It is advised to always test EA’s on a demo account until you become comfortable to how it performs.
Also, make sure you install the EA on the M1 timeframe and not the M30 time frame and use the appropriate lot size for a given account size.
As a side note I am testing the EURUSD EA on an FTMO demo account. You can find my results in the forum under Prop Firms.
Click on Help>Optimizer
Click on Help>Normalizer
Click on Help>Data Import
Basic workflow: https://www.transfernow.net/dl/202308314NWA9SyM
Free EA Studio course: https://platform.algotradingspace.com/courses/algorithmic-trading/expert-advisor-studio-free-course/
Can you show a screenshot of your settings? You should be seeing at least on average one trade every other day!
Should be good to go as long as lot size is adjusted properly so you don’t go over the margin limit and you don’t have more than 100 EAs!
Looks like you are trying to close a position that has already been closed. Remove EA from chart. Close MetaTrader and reload. Add EA back to chart. This should give you a fresh restart.
The following is the results of my testing the FTMO robot on an FTMO 15 day free demo account from August 16, 2023 through August 29, 2023. Account size $10,000. Lot size was 0.3 and 0.3 the recommended lot size for this account size. The profit was 1.2% with a drawdown of 1.9%. If I combine the two test for August the results would show a profit of 3.78%. If future testing shows the same rate of profit each month it would take 2.5 months to reach the target profit of 10% to pass the challenge.
I will now start another 15 day demo and continue to test the FTMO EA.
Just for comparison between using Waka Waka and EAs created by EA Studio here is my results over this last month:
I back-test the FTMO Robot on an FTMO Demo account. My results from Aug 1, 2023 through Aug 15, 2023 shows the robot took approximately one trade per day. My back-test from Aug 16, 2023 through Aug 29, 2023 shows the robot approximately one trade every other day. Here is a link to my back-testing:
You are not setting up the back test correctly. Here is what I get on MT4 from May 1, 2023 to Aug 28, 2023.
You should be getting more trades than that.
Be sure before you install the EAs on the charts you clicked on the AutoTrading button in the Tool bar. Be sure you are installing the H1 EAs attached to H1 charts and do not change time frames, M30 EAs attached to M30 charts and do hot change time frames, and M15 EAs attached to M15 charts and do not change the chart time frames. Further, be sure that you keep MetaTrader open 24 hours per day during the trading week.
I think the problem is that you need to update to version v23.8.16. To do this open up EA Stidop and click shift + F5.
If the robot you purchased was the FTMO robot then the following are the recommended low-risk settings based on the account balance:
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 = 0.30If you have more questions please post them and they will be answered asap!
