[Ilan Vardy]

Hi Petko,

 

After going through the course today, my question is, is the EA optimised for current BTC market conditions and price? The reason I ask is I see the course was recorded in 2017, right before the insane climb of the Bitcoin price, and again in June 2018, when there was a big downward trend. Currently, the price is trading in a relatively narrow channel. Of course, there are still big moves, where we can take good profits, but when backtesting the EA in MT4 (fully automatically), from Jan 2019 to current, the graph doesn’t look great, and the losses are more than the profits.

Please see the screenshots below.

 

Thanks as always,

 

Ilan

[Ilan Vardy]

Thanks Petko, based on the above, I have bought the new course.

 

Ilan

[Ilan Vardy]

Hi Andi,

Do you work for EA Forex Academy, or are you answering as a forum participant only?

Ilan

[Ilan Vardy]

Hi Andi,

 

Thanks for the reply. What then would be an acceptable range when generating strategies in EA Studio and FSB Pro?

 

Ilan

[Ilan Vardy]

Sorry Petko, I mean entry at $9200, as I see the price already hit $9150, and $9200 also has much support and resistance.

Or would it be better to TP at the Fibo levels of $9493 (1.618) and $9904 (2.618), as per the image below?

Thanks again,

 

Ilan

[Ilan Vardy]

Hi Petko,

 

One more item I thought of, although it’s more general than specific to the FSB Pro course. Could you do a short explanation of what the draw down is, and what the acceptable range is when generating strategies?

 

Thanks,

 

Ilan

 

[Ilan Vardy]

Hi Petko,

 

I’m happy to have helped.

 

To be honest, I haven’t completed the course Mr Popov has uploaded, so it’s difficult to say at this stage what I would like added or explained in more detail. I guess for me, I’d just like to understand the various indicators and signals that you use based on your many years of experience and hundreds of thousands of strategies created and tested, and how to optimise them using knowledge of the signals and indicators rather than just putting in random numbers and hoping for the best. At the end of the day, I would like to have the most effective, optimised and robust EAs that produce more profitable trades.

 

Thanks as always,

 

Ilan

[Ilan Vardy]

Thanks Petko!

 

I’m looking forward to the FSB course

[Ilan Vardy]

Thanks Petko – email with report sent.

[Ilan Vardy]

Hi Petko,

 

That’s great news. Thank you

[Ilan Vardy]

Hi Desi,

Thanks for your reply. I completely understand not wanting to share your trading results.

Which email address should I use to send my results?

 

Thanks,

 

Ilan

[Ilan Vardy]

Hi Petko,

Please ignore my questions above – after watching the videos again, with the live trading example, it all makes sense.

[Ilan Vardy]

Hi Petko,

 

I’m sorry, but I have one more question on the formula that I’m not clear on. Do we ONLY open the next buy stop and sell stops (1.0 and 1.4 lots respectively), as well as the final 1.95 lot buy stop IF the price reverses past our opening trade price?

In other words, we open the 1st buy stop(1.0 lots) and sell stop (1.4 lots). If the price goes up then reverses past our opening price, we then open the 2nd buy stop (1.0 lots), and if it reverses again back down we open the 2nd sell stop (1.4 lots). If it reverses a 3rd time back up, we open our final buy stop of 1.95 lots?

Thanks,

 

Ilan

[Ilan Vardy]

I think I have found a calculator to work it out…

 

[Ilan Vardy]

One more question – if the swap long and short are both -20, does this mean $20, 20 pips or 20 points?

Thanks,

 

Ilan

 

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