[Ilan Vardy]

Hi Petko,

 

Where are the new EAs? I have checked the resource file, and it’s still the EAs created in November. Have you just modified some of the settings in the existing EAs?

 

Thanks,

Ilan

[Ilan Vardy]

Hi Petko,

 

Thanks for getting back to me.

How would I create an EA with the specific set of rules for the formula?

Thanks,

 

Ilan

[Ilan Vardy]

Hi Petko,

 

Thanks for getting back to me.

 

I have used MetaEditor to check the EAs that were used to open the trades in question, and you are correct. I have no idea why, but the stop losses have been set to 515 and 633 pips, which is crazy. I will try and locate the EA Studio collection that these EAs are from, and check the settings, although I think they have been deleted.

Anyway, it is what it is. I’ll take it as a lesson (an expensive one :-)) and try recoup the losses using your suggestion above.

Thanks, as always.

 

Regards,

Ilan

[Ilan Vardy]

Hi Petko,

 

Thank you for replying. I will look at article you shared, and if need be, change brokers. My portfolio is down a bit since yesterday, so I will have to wait and adjust EAs as needed to get my balance back up, before withdrawing funds if need be. I’m finding it challenging at the moment with the volatility. My portfolio value is moving quite a lot from hour to hour, so hopefully the markets stabilize soon.

 

What I meant by my demo accounts have more than my live, is that when opening a demo account on JFD, you have the option of opening with $500, $3000, $5000, etc. I had $1,500 available to open a live account, so that is what I did. So if the market turns against my trades (and it did already more than once), I start to run out of free margin , so trades don’t open on my live account, but they do on the demo account, as there was more margin available.

 

For now, with the volatility, I will keep monitoring my demo accounts, and use FX Blue to analyze the EAs and update my live account as needed.

 

Thanks,

 

Ilan

 

 

 

[Ilan Vardy]

Hi Petko,

 

Just to add to point 1 above, I am now using the brokers you teach with, i.e. JFD and Pepperstone. I assume the brokers you use in the courses, are the same ones yo use to create the EAs you provide monthly when creating the strategies. I know you don’t recommend brokers, but if you use different brokers to create the EAs you provide in the courses, could you please let me know, so that I use the EAs that you have created or updated monthly on the same broker’s platform, to get the same results.

 

I hope this makes sense.

 

Thanks again,

 

Ilan

[Ilan Vardy]

Hi Petko,

Thanks for your reply, sorry for my delay.

 

1. For the most part, yes, they are the same. Last week, I changed most of my demo account to correspond with my live accounts. In other words, I now use the same broker for demo and live, to ensure trades are opened and closed at the same time in live and demo. I haven’t done a full comparison but I will using FX Blue later this week.

2. Yes, I did find that. As mentioned above, I will compare trades using FX Blue and time range filter to make sure they’re all the same. The other issue I think I may find is that my demo account has more money than my live, so there may be times when trades don’t open in live because of limited margin.

3. I’m following the rules you taught in the courses. I use FX Blue, check strategy, and replace EAs as required.

 

On the last point, with the current volatility, is it better to use a date range filter, for example the 3 days before only, to get a more accurate idea of how the EAs are performing, rather than a long time frame?

 

Thanks,

 

Ilan

[Ilan Vardy]

Hi Petko,

I see the “Top 10 EURUSD Expert Advisors – Forex Algorithmic trading”, and the link to the EAs from “Forex trading course: Get new 12 Forex Robots every month” are both working, however the 50 EAs o the EURUSD course are still March. Is this correct?

Regards,

 

Ilan

 

 

[Ilan Vardy]

Hi Petko,

Thanks for the update.

I noticed some EAs have not been changed. AUDUSD and XAUUSD are still November 2019 EAs, USDCAD is Feb 2019, there is no link to the EAs on “Top 10 EURUSD Expert Advisors – Forex Algorithmic trading”, and the link to the EAs from “Forex trading course: Get new 12 Forex Robots every month” is not working.

Thanks,

Ilan

 

 

[Ilan Vardy]

The data / script file is the same for all brokers. It’s the file included in the course – EA Studio Data Export MT4/MT5.mq4/mq5. When you add it to your chart, just check your broker’s commission and spread and fill in accordingly.

 

 

[Ilan Vardy]

Hi Petko,

 

Thanks for the advice.

 

Could strategies based on historical data from one broker  have different results with trades on a platform of a different broker?

 

 

[Ilan Vardy]

Is it too soon, after 2 days, to start changing EAs, i.e. check the demo account, and replace the EAs in the live account with the better performing EAs in my demo account?

 

[Ilan Vardy]

Hi Petko,

Thanks for replying. I understand – what you say makes sense. The point of the courses is to teach people to trade, rather than copy trades.

 

I know there is a forum topic where people share their EAs they’ve created, that seem to be working, but perhaps we could start a topic where you share the EAs that you are using, that are currently yielding good results, or maybe the settings you’re using in EA Studio and FSB Pro to create these strategies, if they have been adjusted since the course material for that currency pair was recorded. The reason I ask this, is that, as mentioned, I have now begun live trading, but I’m finding that the EAs that were working well in my demo accounts over the past 10 days or so, are not performing as well any longer on my live account. I know from the courses that the EAs need to be monitored and replaced as needed from the demo accounts on a regular basis, and that you update the EAs regularly, but if you could give me some advice on how to adjust my EAs to perform better in current market conditions, I would be very grateful. As a new trader, my emotions around trading are still quite high.

 

Currently, I am using EAs on the following pairs:

AUDUSD

EURGBP

EURUSD

GBPUSD

USDCAD

 

 

Thanks again,

 

Ilan

 

 

[Ilan Vardy]

Thanks Petko,

 

I must also just tell you, for the past month or so, I have doing many Forex courses, and yours are, by far the best. Thank you for all the hard work. It is very clear you want all your students to succeed. It’s very much appreciated.

[Ilan Vardy]

Thanks Petko, that makes sense.

 

[Ilan Vardy]

Hi Petko,

With the current COVID-19 panic and country shutdowns, how accurate, or effective is it to use historical data and back testing for algorithmic trading? The current climate in the markets is so different to the past few months or years. Is algorithmic still a good, or best way to trade in your opinion?

[Author]

Posts