[Nicholas Grobler]

Hello all

I asked this in another thread, but wanted to get the groups feedback. I have not moved any EA onto my live account. Been running on a test account for two weeks now. The EA’s started off performing great, but they have not been doing so great the past week. I am now unsure which one to use. For those running on version 5, what does your reults say, here is mine:

[Nicholas Grobler]

Hey Petko, okay, that helps. Yes in the videos you state how long, but I got mixed messages in the forum. I have been running them for two weeks now. The results started of great, but its not looking good now. Which EA should I use according to your tests? Because I do not know from the results:

[Nicholas Grobler]

Hello

So here is a screenshot of my account. It is a 50K FTMO test account. I am going to be honest here, this process is getting a bit frustrating to me. I bought this EA to help me pass the FTMO challenge because that is what it is sold as “an FTMO EA that helps you pass challenges”. Right now, it’s not doing that on the test account and I do not see what my next steps are I know that results are never guaranteed, of course I know that. Here’s the issue though. The test account on FTMO only runs for two weeks. At this point in time, I have no clear EA’s to use. None of them are obvious top performers from the rest. I am also not getting straight answers on “how long do I run the test before I can take the EA to my live account”. Is it two weeks? Is it four weeks? As in I have to run the test account twice, what EXACTLY is the process here? It does not help me that statements like “if it does not work now, then keep on running tests, maybe someday in some market conditions you will find your EA”. I need to understand from the experts in this group when do I do what. I watched the two videos from Petko where he passed two challenges. That’s great. Please help me apply this to MY account to pass the FTMO evaluation. I will look into other bots from Petko to run on the account once passed to spread risk and adapt. But right now this is the FTMO challenge bot, it is not passing the FTMO test challenge, so what do I do next? Thanks.

[Nicholas Grobler]

Hey Alan

Thanks for your response.

On question 2, I may not be clear in my question. So according to Petko, we must run the EA’s on a test account on FTMO before we use the best-performing ones to pass the account challenge. I would like to know if the 2 weeks we run the test enough. We then take the top 3 and add them to our live account, is this correct?

I will keep in mind of course that if I run 3 or more, which makes sense to me, but then adjust to compensate for no more than 1% risk over all three. I would assume I adjust the lot size? So if I then take my top three EA’s over the two week test period, for a 10K account, then the lot size for 1 EA is 0.05 – I would then divide 0.05 by three and use that lot size on each EA. Am I correct in this Alan?

I am planning on only running on FTMO live account s only.

I do have all EA’s running on a different broker demo account just to have a continuous updated best performance on the EA’s.

Still learning…relatively new to trading, been a heck of a journey this far though. As the saying goes, trading is simple, but definitely not easy.

Thanks again.

[Nicholas Grobler]

Hey Petko.

Hope you are doing very well!

I have been running the EA for about a week now, these are my current results:

I asked a few questions in a different thread, but was mainly wondering how long do I run before I can add the EA to my FTMO live account?

[Nicholas Grobler]

Hello All

Could someone from the team please help me out here?

Much appreciated.

[Nicholas Grobler]

Hello All

I want to just double check, the MT4 and MT5 EA’s are exactly the same right? Even though I am running my FTMO screening test on MT5 I can use the best pair on MT4 with the MT4 EA?

Also, how long do we run the FTMO test phase for ideally? I have seen a few different mentions, like a week, 2 weeks, before we take the best one and enable it on our live account.

Lastly, what is the best approach, from experienced users that has passed their evaluations, do I use just the one best EA with set lot size, or do I use the top 2 or top 3 with split lot sizes?

Thanks!

[Nicholas Grobler]

Hello Team FTMO 🙂

I think a Telegram group is a great idea. We can continuously share best results. I recently joined, on the 9th of November. I have been running V5 on a VPS since then. Just makes sense to me to have a VPS, running my own PC all the time is not feasible, also execution times on the VPS are MUCH faster.

Since I activated the EA, V5, my results have been as follows:

Three closed trades:

EURUSD x 2: Both in profit

AUDUSD x 1: loss

Six open trades:

AUDCHF: in profit

AUDUSD: in small loss

EURUSD: currently in a big loss

GBPAUD: strong profit

USDCHF: strong profit

XAUUSD: strong profit

Planning on running the EA’s for the prescribed 10 days and then putting the most profitable ones on my current 10K account to test things out. Hopefully all goes well.

[Nicholas Grobler]

Hey Alan

Thank you very much for your in depth answer, much appreciated and it does make sense. Always a good thing to have a support community thats been through the process! Thanks agin.

[Nicholas Grobler]

+1

[Nicholas Grobler]

Hello all

I would just like to ensure I have clarity on the process.

1. Open FTMO free account
2. Install all 8 EA’s and ensure they have blue hats (I have done this and one trade opened so far, so all good it seems)
3. Link to MyForex account and monitor
4. I let the 8 EA’s run for 2 weeks on the free account
5.   Then select the that did the best and run only this ONE EA on my actual funded account until passed.
6. Follow the scaling up rules

Do I understand this process correctly?

Another question, I have my EA’s running on a 50K account since this is what I am aiming for. BUT. Once I have identified the EA that is profitable within the next two weeks, can I then run this on a 10K account first to do a “live” test before spending the bigger money an a 50K account. Does this make sense or would you guys suggest another approach?

Thanks all!

[Nicholas Grobler]

Hey Alan

Running on MT5 and just got everything setup and running. I do not see a Smiley Face though, I do see a little blue graduation hat. Is that what we need to see?

[Nicholas Grobler]

Hello All

I just bought the FTMO EA, busy with the setup. Very much looking forward to this process, being that I have failed two previous evaluations with other prop firms…the journey of trading is not an easy one 🙂

Quick question though. Once the challenge has been passed, can I continue with the EA’s on my live (funded) account as well?

[Nicholas Grobler]

Hello

I had to restart my system and did not save the order complete page. I also did NOT receive an email with the download information. Please help.

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