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aaronpriestParticipant
If you can’t trade with the platform you BOUGHT it with, then it is no longer the SAME product you purchased. It has substantially changed to something you did NOT purchase, and you don’t have the tools and experience to desire to use a diminished product. If they refuse, call your bank and look into a charge back (but that would be a very last resort). Usually if you are a bit more stern and put it in those terms, IF they are a reputable prop firm, they should give you a refund.
aaronpriestParticipantI got refunds of all my MT5 prop firm accounts too. And I’m trying to get a refund of every indicator and EA I have bought from MQL5’s store as well, but that will probably require a class action law suit against Metaquotes. It’s only a matter of time, probably 1-3 months, before DXTrade bans US citizens or the US government shuts them down. cTrader already did years ago, and the new Match Trader just banned US citizens as well this week. The only prop firms that US citizens can use are the futures market, it’s the only market that the CFTC (Commodity FUTURES Trading Commission) and the NFA (National FUTURES Association) want US citizens trading–do you see the conflict of interest here?!
aaronpriestParticipantDo the FTMO robots use close conditions? Would it be better to set the number of trades to 0 to prevent it from opening new ones, but leave the EA on the chart to still close a trade based on exit indicators? At least that’s what I do with my own strategies/EAs that I create.
aaronpriestParticipantThe5ers High Stakes account would be the next best option. They are the second oldest (second to FTMO) with a good reputation.
aaronpriestParticipantCan you use The5ers? They are the second oldest and most reputable prop firm (after FTMO).
aaronpriestParticipantYou aren’t going to be able to run this on Alpha Capital Group (I have accounts there). You’ll need to share the source code of your EA to get permission to run it on your account, which means you’ll have to create your own EA and strategies instead of a ready made one. EA trading is disabled by default on their accounts until they enable it.
aaronpriestParticipantThe .ini file would use “server = FTMO” if you go with that method. If you do it via variables on a command line script as I do then it would be “–server FTMO”. Both work. You do need a newer version of Express Generator though, I can’t remember which build number added it without looking it up.
aaronpriestParticipantThere should be two hyphens there before server, but the forum removes one in the comments after hitting submit.
aaronpriestParticipantSure, you just have to define it in your scripts or .ini file, such as –server FTMO or server = FTMO, depending where you do it.
aaronpriestParticipantPlace it on a demo account for a month and keep the strategies that do well to run live the following month.
aaronpriestParticipantYou just have to open a second chart. Each chart can only have one EA attached at a time. To run multiple EAs just requires multiple charts open at once.
aaronpriestParticipantThis would only apply to weekends for Forex pairs because overnight rollover is minutes and not 2hrs, however for indices it might be nightly, I’m not sure. I use the swing account with FTMO for just this reason so I don’t have to worry about closing for news or weekends.
aaronpriestParticipantRegarding Question 3, it is generally a really bad idea to just disable auto trading entirely or to remove the EAs, because now the trades are not being managed at all and will have to hit either full stop loss or full take profit before they are closed. By leaving trading enabled, and leaving the EAs attached to the charts, but setting Max Open Positions = 0, then you are preventing the EA from opening any new trades, but still allowing it to manage and close out open trades based on indicators, which is often more profitable than risking a full stop loss.
aaronpriestParticipantWell, I congratulate them then! It’s 5yrs late, but better than never (looking at you Oanda), LOL!
aaronpriestParticipantTrading . com has had MT5 for USA citizens for over a year now. Forex . com has had MT5 for many years, but not for USA citizens. Did they finally change that? I tried logging in to find out, because the last time I had asked they said they had no plans at all for USA citizens to have an MT5 account, but it looks like they closed my account and I can’t log in anymore without creating a whole new account.
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