[Ilan Vardy]

Hey Treleonbey

 

Iohan is correct. You could add TP and SL to the EA once it’s on the chart, but you won’t know if the values are the best they could be. You could, if you want to, add the TP and SL, and run a backtest on the EA within MT4.

Ilan

[Ilan Vardy]

Hey Iohan,

 

No system error 🙂

The Academy recently passed the 30 000 students milestone, and as a thank you to you and the rest of our students, Petko slashed the prices of all the courses.

Thank you for your ongoing support.

Ilan, and the team at the Academy.

[Ilan Vardy]

Hi Sebastian,

We use the free Historical Data app, or Premium Data (DukasCopy) or Metatrader (JFD) data, as you correctly say. This is because they offer us the most amount of bars in the historical data. But this doesn’t mean that these are necessarily the best brokers to trade with.  That is why, in EA Studio setting, there is the Symbol Settings option. This is where we can customise the asset according to the specifications of our chosen broker. In this way, we have a huge amount of historical data available to us, and we can cutomise it to be suitable for any broker of our choice.

 

Thanks,

Ilan

 

[Ilan Vardy]

Hi Ccwezy,

How many bars of historical data do you have?

Ilan

[Ilan Vardy]

Hey Travis,

 

10 – 15% is great! My advice is to just apply money management, and if your growth continues, your profits will grow.

If you’re comfortable to do it, you can share with the forum which broker you are using, and which EAs?

Thanks,

Ilan

[Ilan Vardy]

Hey Travis,

 

Good to hear from you, and thank you for the kind words. We’re all really happy to hear how much you’re benefiting.

Keep it up!

 

Ilan

[Ilan Vardy]

Hey Nitin,

 

Welcome to the forum, and congrats on starting your Forex Algo journey.

Speaking for myself, to answer your questions:

1. I did many of the courses. In each course I learned something new. Many of the concepts are similar across all Forex Algo courses but there is always something new to learn. But it’s up to you – just the robots with each course are well worth the small investment of each course.
2. I create my own, but at the beginning I used both the provided EAs as well as my own.
3. There is no real minimum amount to invest. It really depends how much you can afford to invest. You can trade smaller lot sizes if you have less capital. And it’s difficult to know how much profit you’d need to cover any losses, because we don’t know how the EAs will perform in the future, only how the strategies performed in the period of historical data we use to create them.
4. I’ve created EAs for some stocks and indices, but the results weren’t great. Actually, on Petko and my list for this year to to continue testing and trying to find good automatic strategies for stocks and indices.

The best advice I can offer is to practice, practice and practice some more on demo accounts until you are confident to start trading live. And start small. Don’t risk too much. And of course, test a few brokers using the same EAs to check if the results are similar, or if some give better results than others.

 

Good luck, and if you have any additional questions, please feel free to post them here in our forum.

 

All the best,

 

Ilan

 

[Ilan Vardy]

Hi Omosisko,

 

You can have a look at pricing for all plans using the link below:

Trading Software

Thanks,

Ilan

 

[Ilan Vardy]

Hi tremosor,

 

You can find guides from the developer on Youtube, as well as their website.

Petko has indicated that he will be developing a course for FSB Pro, but there is no confirmed timeline just yet, as he is currently updating all of his existing courses, as well as recording new crypto trading courses.

 

Cheers,

Ilan

[Ilan Vardy]

So, just a little bit North of Australia 🙂

[Ilan Vardy]

Hey Asser,

 

Oh, sorry, my mistake. I assumed you were an Ozzie.

Where in Europe are you based?

[Ilan Vardy]

Hi Asser,

If I understand your data above:

On D1, over the 4065 bars, or days, there is a TOTAL of 284 trades, which, as CuriousGeo says, is an average of 1 trade every 14 days.

Have you looked in the Journal, in Report to see the trades that were opened and closed in this period?

Ilan

[Ilan Vardy]

Hi Tremosor,

 

You’d need to use Forex Strategy Builder Pro, the other, more advanced strategy building software from Forex Software, the guys who developed EA Studio. Or, get a developer to code it, or code it yourself if you’re able to.

 

Ilan

[Ilan Vardy]

No problem. Living in South Africa, we often have rolling blackouts for months at a time, for up to 6 hours a day. I doubt this is an issue in Australia, but if you do find yourself in a situation where your internet goes down regularly, you could look at setting up a VPS, either with your broker, or a 3rd party VPS provider. Personally, I run my live platforms on my laptop, attached to a UPS, so when we have power failures, and I’m not home to turn on the generator, at least I have a few hours of battery life

[Ilan Vardy]

Hey Scott,

Yes, there is. When you attach your EA to your chart, go to the middle tab: Common. You’ll see a drop down menu in the ‘Common’ box. where you can select if you want the EA to open only long, only short, or long and short positions.

Cheers,

Ilan

 

 

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