Forum Replies Created
-
AuthorPosts
-
Alan Northam
ParticipantThe suffix has nothing to do with the bars/candlesticks (historical data) on the chart. The suffix is simply part of the chart name. Check to make sure the EA is active. In the top right corner of your chart window, you should see a smiley face. Also do a Strategy Tester backtest. If you see a balance chart line then it shows the EA is taking trades. If you do not see a balance line then you most likely need to change your lot size.
100K 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 = 0.30Alan Northam
ParticipantDoes backtest show trades?
EA only takes on average one trade per day. According to my backtest in FSBpro the last trade was on Friday 8/4/2023. Wait another day or two to see if you get a trade. Then report back!Alan Northam
ParticipantReduce lot size
==========
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 = 0.30Alan Northam
ParticipantYes, this will open only one lot and will not add to it!
Alan Northam
ParticipantThe FTMO EA does not use martingale. It does however add to the lot. Martingale works differently. To stop adding make “Amount for a new position” and “Maximum position amount” the same.
Alan Northam
ParticipantYes! EURUSD.i is just the name of the chart and has nothing to do with the historical data displayed.
Alan Northam
ParticipantYes, you can overwrite the EA. It is up to you if you want to close out any open positions.
Alan Northam
ParticipantSee Petkos’ video on this topic on August 2 entitled “FTMO Robot Backtesting”.
Alan Northam
ParticipantHere is how the software creator suggests to solve this problem:
https://forexsb.com/forum/topic/7505/error-invalid-order-filling-type/
Alan Northam
ParticipantFor smaller accounts scale Entry Lot Size, Max Lot size, Amt to Add on lot size, Stop loss, and Take profit proportionally.
Alan Northam
ParticipantHi Kevin,
When doing the backtest on MT4 you have to set up the Strategy Tester correctly. This video will walk you through the process.
As for the FTMO settings, what questions do you have?
The Envelopes can be added to the MT4 chart. You can find the indicators in the list of indicators on MT4.
Alan,
Alan Northam
ParticipantEither one!
Alan Northam
ParticipantHave you tried this solution as I suggested earlier?: https://forexsb.com/forum/topic/7505/error-invalid-order-filling-type/
Try using MT4 instead of MT5. I am thinking MT4 does not have this issue.
Alan Northam
ParticipantTry this solution: https://forexsb.com/forum/topic/7505/error-invalid-order-filling-type/
Alan Northam
ParticipantTest the EA using the MetaTrader Strategy Tester. Test over the last 1 month and determine how many trades there are over that time period. This can give you an idea of how many trades per day you should get on average.
You can also add the indicators to the chart and identify the points on the indicators that should trigger an Entry and then determine if an Entry was actually applied to the price chart.
-
AuthorPosts