Best Forex EA for Prop Firms (+ FREE ROBOT)

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  • เผยแพร่เมื่อ 10 ก.พ. 2025
  • ✨ Check out the Trading Challenges from TheTradingPit:
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    Please, do not consider this video as financial advice. It is purely for informational purposes only.
    I shared in the video the Robot that worked well for me during the FTMO challenge and the challenges from the other Prop Firms.
    At the end of the day, it is a personal choice which strategy you will trade with!
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ความคิดเห็น • 376

  • @PetkoAleksandrov
    @PetkoAleksandrov  8 หลายเดือนก่อน +7

    The EA was updated in May 2024. I've added MACD as an entry indicator for confirmation and a Bullish Pin Bar as an exit indicator.

    • @inviaggioconandrea
      @inviaggioconandrea 3 หลายเดือนก่อน

      Hey Petko, i would like to try it. I must only calculate the lot size and the settings leave default? Thanks!

  • @mchiang0027
    @mchiang0027 ปีที่แล้ว +18

    I ran the EA and back tested it, using a spread of 2 pips, $10,000 EUR H1 lot 0.5, July 16 to Aug 15, max DD 5.13%, profit 7.8%. So that should pass the 1st phase. On Monday I will put the EA on VPS and run it for 1 month and see.

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +5

      Hi mchiang0027, great stuff! Good luck!

    • @nicobachmann8372
      @nicobachmann8372 ปีที่แล้ว +4

      How is it going? 💪🏻

    • @A_th
      @A_th ปีที่แล้ว +5

      Yeah how it was ? Tell us update

    • @quartamile
      @quartamile ปีที่แล้ว +2

      How'd it go? Thank you for sharing.

    • @vaibhavkelwade2562
      @vaibhavkelwade2562 ปีที่แล้ว +2

      Hey bother Pls Give Us update

  • @emmanuelcooke
    @emmanuelcooke ปีที่แล้ว +2

    I'm an algo trader and based on my experience and backtesting, this strategy does not work in the short or long term. I've built almost all EAs based on indicators and it fails.

  • @rcbmoneymakers
    @rcbmoneymakers ปีที่แล้ว +5

    When back testing with the robot it ended with continuous loss in June 2023. Let me know if any settings need to change

  • @jerine1516
    @jerine1516 ปีที่แล้ว +1

    Good mornig my friend, thank you for free EA. What time frame didt you used to oprn the trade? 😁

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +2

      Hi jerine1516, this EA is designed for H1, but version 4 of the FTMO robot trades on M1 with higher time frame filters to confirm entry.

    • @silasdavis24
      @silasdavis24 11 หลายเดือนก่อน

      ​@@PetkoAleksandrovwhere is this version

  • @Shurredz
    @Shurredz ปีที่แล้ว +7

    Love your content and appreciate you sharing this one for free!!

  • @AnthonysTradingChannel
    @AnthonysTradingChannel ปีที่แล้ว +4

    This video was refreshing, I enjoyed it. Keep up the good work.

  • @mtvmix0259
    @mtvmix0259 ปีที่แล้ว +4

    I do a backtest for this ea i found that it have only 32% winrate so it's not profitable for me ( 5 ans test )

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Which model do you use, what time frame and for how long?

    • @mtvmix0259
      @mtvmix0259 ปีที่แล้ว +1

      ​@@PetkoAleksandrov i used eurusd 1 H timeframe in my mt5 period 5 ans .the results 32% winrat 😮

  • @nealpearson1274
    @nealpearson1274 หลายเดือนก่อน

    Hi I have loaded the EA and back tested it. All works fine on the tests. I have changed some settings and on test it has been taking around 30 trades per month. I have it on my broker, but no trades for 2 days. All looks to be set up ok. Any ideas please. Thanks.

    • @PetkoAleksandrov
      @PetkoAleksandrov  หลายเดือนก่อน +1

      If the EA is attached correctly and you see the smiley face or blue hat in the top corner of your chart, trades should execute when market conditions trigger the strategy. I'd suggest running a backtest to see if using the current settings, trades should have opened. If yes, then the issue lies with the broker not executing the trades. Also, check the journal for any errors

  • @arijitadhikary2902
    @arijitadhikary2902 ปีที่แล้ว +7

    Thanks sir , I will definitely buy the course , and please provide some more FTMO type EAs so that we can diversify our ftmo portfolio with different robots

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi arijitadhikary2902, we will create new EAs when they are required. This one works well for now

    • @arijitadhikary2902
      @arijitadhikary2902 ปีที่แล้ว +2

      @@PetkoAleksandrov sir I checked the free EA , in some months it has given good results but few months it resulted in loss

    • @tradeinnifty6606
      @tradeinnifty6606 ปีที่แล้ว +4

      ​@@arijitadhikary2902 bro need your help

    • @arijitadhikary2902
      @arijitadhikary2902 ปีที่แล้ว +1

      @@tradeinnifty6606 yes tell

    • @rcbmoneymakers
      @rcbmoneymakers ปีที่แล้ว

      @petkoaleksandrov The EA was making continious lossess when back testing June 2023

  • @jeremymeldrum5318
    @jeremymeldrum5318 ปีที่แล้ว

    I watch all your videos, do you have set files to pass the FTMO challenge?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi jeremymeldrum5318, there is no set file for this robot. You can use it as it is, and simply adjust the entry lot sizes according to the challenge you're going for. For a 10K challenge, start with 0.3 lots, 100K = 3lots, 200k challenge = 6 lots. Then scale up as needed.

  • @tjbabs
    @tjbabs ปีที่แล้ว

    Hello Great project and I am so great full to have been on your TH-cam page today, please after downloading the EA how do I install it please, is there any video that shows how?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hey tjbabsowolabi7734. I have recently recorded a video showing the entire process, and will publish in the next few days on our other channel: www.youtube.com/@eatradingacademy. Check it out and subscribe so you don't miss the upload. However, in the meantime you can watch this video which will help you: th-cam.com/video/G1nLo8AUjqc/w-d-xo.html.

  • @bigpapa1472
    @bigpapa1472 ปีที่แล้ว +1

    Love your videos mate. 👍👍

  • @Propfxhub
    @Propfxhub ปีที่แล้ว

    Can I use it for ordinary trade without prop firm and does it work on any broker?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      You can, and you can adjust the settings to suit your needs and goals. It will work with any regulated broker that allows algo trading, which is most of them

  • @johnw6648
    @johnw6648 ปีที่แล้ว

    the trade at 12.09 has the wrong set up. the long trade should be after the price has exhausted, started to go long, and has a step in it, entering above the high of the B leg of the step just like the trade you show at the one minute mark in your video. the trade at 12.09 can keep going short. the point of this entry to confirm the reversal. if you set your robot up like this, the success rate will be very very high. you should also automate the news block and the friday close option. use extra confirmation from a higher time frame chart trend direction as well..stop loss goes under the low of the band break candle. tp is 2x distance between sl and entry

    • @isakiisak2668
      @isakiisak2668 11 หลายเดือนก่อน

      You have this??

  • @quartamile
    @quartamile ปีที่แล้ว

    You mentioned this bot is used for passing the challenge. How about a bot that correctly trades with the funded account while abiding by the rules? Thank you.

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi quartamile, I have several videos showing the EAs I'm trading on my funded accounts. You can see them here: www.myfxbook.com/members/PetkoA

  • @anthonyhamilton1053
    @anthonyhamilton1053 2 หลายเดือนก่อน

    Will FTMO notice tho as you are not allowed to use eas ?

    • @PetkoAleksandrov
      @PetkoAleksandrov  2 หลายเดือนก่อน

      Since publishing this video, there have been many updates, including Randomization, which makes the trades unique. Yu are allowed to use EAs with FTMO, but not commercial or 3rd party EAs

  • @docdz1976
    @docdz1976 ปีที่แล้ว +2

    Well done !!! Congratulation !!!

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Thank you so much 😀 Give it a try and let me know what you think. :)

    • @docdz1976
      @docdz1976 ปีที่แล้ว +1

      @@PetkoAleksandrov For sure! I'll do back testing and I'll share results.

  • @ioannismichailidis4110
    @ioannismichailidis4110 ปีที่แล้ว

    Hello! Is this only for the Challenge? Or you can continue with this EA when you passed the challenge?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi ioannismichailidis4110, this EA was developed to meet the needs of the challenges, however, you can continue to use it once funded. But always test on a demo account first to make sure it suits your trading style.

  • @dipbuys
    @dipbuys 11 หลายเดือนก่อน

    is it possible to make the robot stop trading during news automatically? maybe there is a news ea i can add to stop it during news? thankyou

    • @PetkoAleksandrov
      @PetkoAleksandrov  11 หลายเดือนก่อน

      Some EAs do include news filters, linked to economic news sites, and pause trading before, during and after major news events. Others do not. Our Prop Firm Robots do include a news filter

  • @acesfull702
    @acesfull702 ปีที่แล้ว

    Is this still working? What type of settings do you suggest? Is there content of yours that I can purchase since you’re providing value the way you are?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi acesfull702, thank you. The EAs for the prop firms are updated whenever I have found a better system, and tested it, and are attached to my FTMO Masterclass, to which all lifetime updates are free.. You can grab it here with a 90% discount: eatradingacademy.com/s/JqTnm

  • @Blaiserboy
    @Blaiserboy ปีที่แล้ว

    Thanks for the efforts, this is great!!

  • @JohnPerkins42
    @JohnPerkins42 ปีที่แล้ว

    thank you. awesome that you give this to us. i am testing now. question - does it adjust to current time frame? does it work best on a specific time frame? thank you so much.

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +2

      Hi JohnPerkins42, this EA is specific to EURUSD, on the H1 timeframe. It has been designed and coded for that asset and time frame only.

    • @shelmkamp
      @shelmkamp ปีที่แล้ว

      Did you pass a challenge?

    • @JohnPerkins42
      @JohnPerkins42 ปีที่แล้ว

      I have not attempted a challenge yet. I hope to be able to very soon.

    • @charliericker7127
      @charliericker7127 ปีที่แล้ว

      @@JohnPerkins42 Have you started the challenge yet?

    • @philippbraun
      @philippbraun ปีที่แล้ว

      @@JohnPerkins42 have you attempted one by now?

  • @andereastjoe
    @andereastjoe ปีที่แล้ว +7

    Hi Petko. Thank you for your dedication.
    As for the trading time, should we choose specific timing? Or we just on the robot and let it trade by itself?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +4

      H @andereastjoe, the robot will only trade during times when the market is open, however, it's best to pause trading before major news events that affect the market.

    • @andereastjoe
      @andereastjoe ปีที่แล้ว +1

      @@PetkoAleksandrov ok noted. Thank you very much

    • @Clarkedavidchibuikem
      @Clarkedavidchibuikem ปีที่แล้ว

      Please sir how can I get the robot

  • @achille1577
    @achille1577 ปีที่แล้ว +3

    GREAT JOB!!! Is the choice of period 25, SL 30, TP 75 based on prop firm rules of 50K you used in your demo? What would be the setting for a FTMO 100k account size?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi achille1577, it can be used for both challenge sizes, but change the entry lot settings accordingly

    • @Tom-jz3zm
      @Tom-jz3zm ปีที่แล้ว

      how is it working out for u

  • @dediatib6573
    @dediatib6573 ปีที่แล้ว +1

    Thank you, your video is so valueable for the novice trader like me, :)

  • @Rosser-hs4pv
    @Rosser-hs4pv ปีที่แล้ว

    Hi, does this robot work on accounts that have been passed?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi Rosser-hs4pv, yes, it does. It has been created for prop firm challenges taking into account capital protection and drawdown protection, but it can be used on any MT4 or MT5 platform as a regular robot. You can also change the settings to suit your trading style, risk tolerance and goals.

  • @dunknow9486
    @dunknow9486 ปีที่แล้ว

    So 8 months has passed, did you pass with this EA?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi dunknow9486, I have passed several challenges using the FTMO robot. You can see the videos on the channel. However, the FTMO robot has been updated several times since the one in this video.

  • @Onche518
    @Onche518 ปีที่แล้ว

    Thanks for the value

  • @sukscool
    @sukscool ปีที่แล้ว

    Hi.. what envelope is this? Kinda curious! Thanks fir sharing the insights 😊

  • @davosfx
    @davosfx 9 หลายเดือนก่อน

    Hello Petko :)
    I have a problem with this, I downloaded, compiled and configured in MT5, but when I attach the bot to the chart, it doesnt change, and no add the indicator for work correctly. :( What can i do for solve this problem?

    • @PetkoAleksandrov
      @PetkoAleksandrov  8 หลายเดือนก่อน

      This is not an indicator, it's an EA, so make sure you're adding it to the Experts folder, not the indicators folder. Also, make sure you enable algo trading before placing the EA onto your chart. If it is not in the Experts list in the Navigator window after you compile it, close and re-open your platform.

    • @FactOc-RandomFacts
      @FactOc-RandomFacts 5 หลายเดือนก่อน

      Why is the cupun code

  • @johnw6648
    @johnw6648 ปีที่แล้ว +2

    i agree with kobus. this strategy is normally traded as this: once the price hits the bollinger band and comes back inside you look for a small "step" in the price action and trade the "step break" of that step. that makes sure (in the case of price going short hitting the band and reversing) that the sellers have failed twice and price is really going long. your strategy is obviously prone to trends that just blast right thru the band. you also need a news filter and a time of day filter. this strategy is unlikely to go well for long. "everything should be as simple as possible but no simpler". to quote a very smart man.

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Thanks, mate! I am already working on the better version of the strategy.

    • @accordingtoo
      @accordingtoo ปีที่แล้ว

      How do you add a news filter?

  • @alaouimehdi3753
    @alaouimehdi3753 ปีที่แล้ว

    hello the ftmo robot is intended for the passage of tests and the founded account and is there no risk that it will be detected by ftmo and have its account canceled since the use of bot is not authorized

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi alaouimehdi3753, I have never had any issues, but if you are concerned, you can change some of the settings of the indicators very slightly, or change the TP and SL by a few points.

  • @babbagamevers3782
    @babbagamevers3782 ปีที่แล้ว

    Most definitely would love to see that 🎉

  • @mackenshaw8169
    @mackenshaw8169 ปีที่แล้ว +2

    Hello Petko, I have downloaded the EA and pasted it into the MT4 in the Experts file. But I cannot then install the EA so that when I close and reopen MT4 it is dsiplayed in Navigator. Can you please suggest what I should do?

    • @mackenshaw8169
      @mackenshaw8169 ปีที่แล้ว +1

      Thank you but the problem has fixed itself.

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi @mackenshaw8169, next time, once you've pasted in into the folder, right click on Expert Advisors in the Navigator window, and click Refresh. It simply need to compile.

    • @mackenshaw8169
      @mackenshaw8169 ปีที่แล้ว

      Hello Petko, I passed the challenge and moved onto verification. However all week I've lost money and have had to pull the plug. Any idea why? What should I do?

    • @Propfxhub
      @Propfxhub 11 หลายเดือนก่อน

      @@PetkoAleksandrovDo I need to extract the file before copy and on the expert files and how much is the minimum I can start with because I’m trying to copy n paste on my Exness mt4 account.

  • @oanastoica2285
    @oanastoica2285 10 หลายเดือนก่อน

    Thank you for the EA and the video. I will test it. Hopefully I pass.

  • @franciscorodrigues8822
    @franciscorodrigues8822 ปีที่แล้ว +1

    Hi I tried to use the robot for 3 days and didnt open yet any trade...this is normal?? Thanks

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi @franciscorodrigues8822, the robot will open trades when market conditions are right. Try running a backtest to see how often it opened trades in the past.

  • @kushpraveentyagi8407
    @kushpraveentyagi8407 ปีที่แล้ว

    How do we get the new version of this EA whenever you update it?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      The FTMO Robot is available on our website, and depending on the license you select, you will have access to all updates in that time. However, even if your license expires, you can still use the robot, but you won't have access to the updates or the FTMO Robot app. eatradingacademy.com/premium-robots/ftmo-robot/

  • @bnotion2274
    @bnotion2274 ปีที่แล้ว

    is this still working? also when does the robot automatically start the trades? it doesnt auto start for me

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi bnotion2274, The EA will open trades as long as auto trading is enabled, it was enabled before placing the EA onto the chart and market conditions are right, and your trading conditions, leverage, account balance, etc. are all correct. Make sure you place it on a demo account first

  • @sergio6532
    @sergio6532 ปีที่แล้ว

    So is this better fpr passing than the ftmo robot sold on your website?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi sergio6532, in my Masterclass I show and teach you how to trade using both a manual strategy as well as using the EA. With the course, I constantly update the EA, so as soon as I find better settings, I create, test and then make the EA available.

    • @sergio6532
      @sergio6532 ปีที่แล้ว

      @@PetkoAleksandrov ok thank you

  • @gaznorton3088
    @gaznorton3088 ปีที่แล้ว

    I’ve just downloaded and added the EA. I got a smiley face but no red and blue lines

    • @The100Percentwinners
      @The100Percentwinners ปีที่แล้ว

      Those are the indicators. You received just the EA files

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi gaznorton3088, all of the indicator settings are built into the EA and run in the background, however, if you want to visually see the indicators on your chart, you can add them manually using the Indicator option in the Insert menu on MetaTrader, select the indicator and put in the settings, including values and colours.

  • @1krey847
    @1krey847 ปีที่แล้ว

    Does the trading pit allow bots ?? For the challenge and trading after passing ?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi 1krey847, we have never had any issues with trading with EAs on prop firms.

  • @JohanKorthout
    @JohanKorthout ปีที่แล้ว

    Thanks very much for the info and the EA's. Question; where do I find the Money management video? I don't see the link in the description as told in the video...Thanks very much. - Johan

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi JohanKorthout, here you go:
      th-cam.com/video/ZMcLGieGJDg/w-d-xo.html

  • @matteolucabassi7240
    @matteolucabassi7240 ปีที่แล้ว

    Hi Petko, I don't find anymore the free bot for prop firm. the Link u put in the comment is not reachable anymore. thx in advance

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      The website was undergoing maintenance yesterday, but all is back up

  • @abdumavlonkodirov2346
    @abdumavlonkodirov2346 ปีที่แล้ว

    Можно использовать этот робот в проп аккаунтах, или только для челленджей ?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi abdumavlonkodirov2346 , Вы можете использовать его для обоих и настроить параметры в соответствии с вашими потребностями. Но всегда сначала тестируйте на демо-счете

    • @abdumavlonkodirov2346
      @abdumavlonkodirov2346 ปีที่แล้ว

      @@PetkoAleksandrov а у вас есть готовый сет файл для проп аккаунта ?

  • @nox6765
    @nox6765 ปีที่แล้ว +1

    is this viable to pass the challenge on a 100K or 200K account?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      The EA has no limitations. However, it is a personal choice how you will be using it.

  • @warrenschaaf4425
    @warrenschaaf4425 ปีที่แล้ว

    Hi. Great video. I downloaded the robot and added it to MT4, Nothing is happening as far as auto trading and has been on for the last 24 hours.. Is there something i'm missing? Thanks 🙂

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi warrenschaaf4425, as long as you have followed all of the steps, and your account balance is sufficient and leverage set correctly, trades will open as soon as the rules of the strategy are met by market conditions.

    • @rishabmk
      @rishabmk ปีที่แล้ว

      How much minimum balance need to trade by Bot ?

  • @fxshy4049
    @fxshy4049 ปีที่แล้ว

    what is the difference between the free "best ea for prop firm" and the Ftmo EA for $149?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi fxshy4049, the free EA is one I created some time ago using EA Studio . The FTMO EA is more advanced, created using FSB Pro. This is updated regularly for the latest market conditions, includes 7 robots for 7 currency pairs and is currently in it's 5th version.

  • @zzerxes
    @zzerxes ปีที่แล้ว

    Why would anyone pay 999 Euro for a 100k challenge from the Trading Pit?
    That’s insanely high.

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi zzerxes, if you are confident in your trading abilities, and believe you can pass, many traders would see this as a good investment.

  • @chrisharb11
    @chrisharb11 ปีที่แล้ว

    Hi, I have the bot on for a few trading days now and still no trades have happened.

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      It was the weekend. The Forex market is closed. Give it some time during the week.

  • @eldeloscuerosyelfull41
    @eldeloscuerosyelfull41 10 หลายเดือนก่อน

    Hey man, it's not taking any trades for me, could you help me out?

    • @PetkoAleksandrov
      @PetkoAleksandrov  10 หลายเดือนก่อน

      It's not an active robot. In fact, even the best performers for the week only take 1 or 2 trades.

  • @UubGamingTv2.0
    @UubGamingTv2.0 3 หลายเดือนก่อน

    i install to mt4 free bot but dont open any trades and when try backtesting nothing going on

    • @PetkoAleksandrov
      @PetkoAleksandrov  3 หลายเดือนก่อน

      Check the journal for errors. Make sure you have selected the correct asset and timeframe, and your modelling option is set to Open Prices Only

  • @510akland90
    @510akland90 ปีที่แล้ว

    Are there any EA's that are friendly towards funded accounts?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hey liams3981. Yes, there are many, including my FTMO robot, which can be traded in a funded account once a challenge is passed. Take a look at this video where I discuss the EAs on my live accounts. th-cam.com/video/SktOEiHSr58/w-d-xo.html

  • @Sebastian-xx5fx
    @Sebastian-xx5fx ปีที่แล้ว

    Can it be used for funded account? The live one?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hey Sebastian-xx5fx, while the FTMO robot has been created specifically for prop firm challenges, and includes many protections, it can be used on a funded account. You can adjust the settings for your account type, size and trading objectives.

  • @BlaBlah000
    @BlaBlah000 ปีที่แล้ว

    So I got the robot, and I have uploaded it my Experts folder, is this correct? do i need to do anything else? does it begin trading it self?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi omarmuzaffar774, if you are using MT4, once it's in the Experts folder, right click on the Experts in the Navigator and select Refresh. Open a chart for the asset. Then enable Auto Trading on the top, and place the EA onto your chart by dragging it in from the Expert Advisor list. You should get a smiley face in the top right hand corner of your chart signalling it's working.

  • @ROKALUX
    @ROKALUX ปีที่แล้ว

    I have downloaded but only h1 eur comes out. There is no ex4 bot file.

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi Kathsierra, when you copy the file into the Experts folder and it complies. it will create the ex4 file.

  • @mckleincalvinoliver3237
    @mckleincalvinoliver3237 10 หลายเดือนก่อน

    Can it automatically place trades even when I'm not opening the mt4?

    • @PetkoAleksandrov
      @PetkoAleksandrov  10 หลายเดือนก่อน

      No, your PC/laptop must be on an connected to the interne 24/7, or you can use a VPS

  • @RohitGupta-619
    @RohitGupta-619 ปีที่แล้ว

    Are you giving same ea which you used in this video?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi RohitGupta-kf2is, yes, it's the same.

    • @RohitGupta-619
      @RohitGupta-619 ปีที่แล้ว

      @@PetkoAleksandrov thank you. Soon I'm going to apply for funded account ;)

  • @NickMayled
    @NickMayled ปีที่แล้ว

    Hi Petko, how do I get the bot? Great video btw.

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi user-ks4fu3sr6q, In my FTMO Masterclass, I include the EAs, as well as all updated EAs, as I develop and test them. You can access the course with a 90% discount here: eatradingacademy.com/s/JqTnm/

  • @hamadxRL
    @hamadxRL 5 หลายเดือนก่อน

    Bro you are casually showing your FTMO account passing with EAs when not allowed aren't you banned already now ?

    • @PetkoAleksandrov
      @PetkoAleksandrov  5 หลายเดือนก่อน +1

      This video was published almost a year and half ago, before the accounts were terminated

    • @hamadxRL
      @hamadxRL 5 หลายเดือนก่อน

      @@PetkoAleksandrov I mean I looked up and they allow EA but obviously not HFT
      Fair play if u just keep it to yourself sharing will always cause troubles

  • @tradingautomatexpertadviso8072
    @tradingautomatexpertadviso8072 ปีที่แล้ว

    Great video like always ❤

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi tradingautomatexpertadviso8072, thank you for your kind words.

  • @neo.troyan6910
    @neo.troyan6910 ปีที่แล้ว +1

    Guys this is scam, please aware about that, without being profitable trader first don't waste your money, why this is scam? look at the headline (maybe it will be changed) NOTHING is free, risk is unlimited and he is showing his shop with falsfied info -

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi @neo.troyan6910 =, what exactly is scam here? What money are people wasting? I am giving away a FREE robot. You are a sceptic. And that's ok. If you don't want the robot, you don't have to download or use it.

    • @neo.troyan6910
      @neo.troyan6910 ปีที่แล้ว +1

      @@PetkoAleksandrov I have checked, sorry there is no free robot or EA, I'm sorry to say you're cheating -

    • @awaisahmad8446
      @awaisahmad8446 ปีที่แล้ว +1

      Yeah there is not. Scammmmmmmmm!!!!!

    • @SiphokaziNtayithetwa-jr3uc
      @SiphokaziNtayithetwa-jr3uc ปีที่แล้ว

      Scam is when someone is advertising for money..but in this case there is no scam cause is not talking about money all is free...just try it bro...

  • @TradingTheBias
    @TradingTheBias ปีที่แล้ว

    The Trading Pit needs to have a demo account. You should be able to try the platform before buying a challenge.

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi TradingTheBias, have you looked at the others?

    • @TradingTheBias
      @TradingTheBias ปีที่แล้ว

      @@PetkoAleksandrov Yes, I have looked at the other platforms that have demo. I passed FTMO demo many times. I don't need a funded account myself. I am looking for something for beginners. I like that the trading pit has futures. I wanted to try it on demo.

  • @vrajpatel2916
    @vrajpatel2916 ปีที่แล้ว

    does it effect the EA if you open or close a trade in the middle ?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi vrajpatel2916. No. You can close the trade whenever you want to. When market conditions are right to meet the rules of the strategy, the EA will open trades again

  • @mobsvlog9465
    @mobsvlog9465 ปีที่แล้ว

    Is it only for ftmo or other propfirm too

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi mobsvlog9465, all of our FTMO / Prop Firm robots are suitable for any prop firm. You may just need to adjust a few settings to have it suitable for you. For example, the drawdown protection is set to under 5%, but if you're trading with a prop firm where the daily drawdown limit is 3%, you can set that in the settings of the EA

  • @GiovanniMadeo-ql8sc
    @GiovanniMadeo-ql8sc 9 หลายเดือนก่อน

    whic time frame do you rzecoomended?

    • @PetkoAleksandrov
      @PetkoAleksandrov  9 หลายเดือนก่อน

      With the Prop Firm Robots App, we look at performance of all robots on all time frames and use the best performer. The Free EA from this video is for the H1 time frame

  • @revsamajibade
    @revsamajibade ปีที่แล้ว

    i can only find the file extension in the download, the eas are not in the downloaded folder. pls help.

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi revsamajibade, both the Mt4 and MT5 EAs are in the Zip file. Once you copy them into the Experts folder of either platform, and refresh, they will appear in the list in Navigator window. In MT5, you'll just need to compile it first. Simply open it once it's in the folder, and press compile at the top. Once you refresh the Navigator, you'll see the EA in the list.

  • @rakshithvs2498
    @rakshithvs2498 ปีที่แล้ว

    what about vps? any suggestion Petko.?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi rakshithvs2498, it would depend where in the world you are. But a good VPS starts at around $15 per month. You can check out Contabo, but please don't take it as a personal recommendation.

  • @maxalgo8237
    @maxalgo8237 ปีที่แล้ว

    Is this the best EA you would recommend for any Prop firm challenges?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi maxalgo8237, market conditions which EAs perform best at certain times. FOr best results, a manual and auto strategy is best. Check out my masterclass here, with free EAs included: eatradingacademy.com/s/JqTnm

  • @RohitGupta-619
    @RohitGupta-619 ปีที่แล้ว

    Hi sir, is this EA compatible with all funded site policy?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi RohitGupta-619, this EA will work on any MT4 or MT5 platform, and is suitable for all prop firm challenges.

    • @RohitGupta-619
      @RohitGupta-619 ปีที่แล้ว

      @@PetkoAleksandrov thank you soo much 🙂. You made my day 😄

  • @sayandutt5443
    @sayandutt5443 ปีที่แล้ว

    Good evening Pet, hope you’re doing well.
    Could you please help me with setting up the EA to my account please as I’m struggling to setup? Thank you!

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi sayandutt5443, check out this video: th-cam.com/video/qEB_xGCeIVU/w-d-xo.html

  • @ayoubes-salehy8980
    @ayoubes-salehy8980 ปีที่แล้ว

    Thanks bro for tge video . About money management can 1% should be fixe in all trades ?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi @ayoubes-salehy8980, smaller is always safer, but keep in mind this is a challenge with a time limit

  • @bryteogba4708
    @bryteogba4708 ปีที่แล้ว

    Nice.. so I did try the robot and it’s smiling but not trades yet, am I doing something wrong?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi bryteogba4708, as long as you've done all the steps, and it sounds like you have, trades should open when the strategy rules are met. You could also try a different broker and compare.

  • @kanal-techniczny-i4r
    @kanal-techniczny-i4r ปีที่แล้ว +4

    Hello. I tested this EA and unfortunately it's not so colorful, it loses money. Tested on H1 intervals. 62% of losing positions. What could be wrong?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hey Tomaz, please, share how you backtested the strategy? Which model did you use?

  • @unomas9893
    @unomas9893 ปีที่แล้ว +1

    This EA actually works on FTMO and MFF with no problem?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Should be...however make sure to backtest it and test it on a trial period! Cheers,

    • @unomas9893
      @unomas9893 ปีที่แล้ว +1

      @@PetkoAleksandrov I try and don't open trades

  • @ArneWikstrm
    @ArneWikstrm ปีที่แล้ว

    Hello! what are your prefered sl/tp settings for this ea?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi ArneWikstrm, it depends on market conditions and the asset price, but I use a SL/TP ratio of 1:2 or 1:3

  • @Sujithmangari
    @Sujithmangari ปีที่แล้ว

    i hope this can be used in the funded trader (royal challenge ) ?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi Sujithmangari, the EA is suitable for all prop firm challenges

  • @SimplyKross95
    @SimplyKross95 ปีที่แล้ว

    Can you use the EA on different pairs or only on EU pair H1

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi SimplyKross95, the EA was designed and created specifically for EURUSD M15 using the historical data. It could be that the strategy within the EA would be effective on different assets and timeframes, but you would need to install it onto those charts and run a backtest to see what the results would have been in the past.

  • @Dihogold
    @Dihogold ปีที่แล้ว

    Can i pass With HFT Arbritage like i pass Others Prop Firms?
    THX !

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi LilDihogo, this EA is not suitable for arbitrage trading.

  • @Fxdon-jq4pu
    @Fxdon-jq4pu ปีที่แล้ว

    Which EA is this one? I don't see a free one?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi Fxdon-jq4pu, the download link to the free EA is in the description.

  • @ryzz80
    @ryzz80 ปีที่แล้ว +1

    Does this EA require set files or additional indicators?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi ryansloane6953, you can use the robot as is, all indicators are included.

    • @ryzz80
      @ryzz80 ปีที่แล้ว

      @@PetkoAleksandrov thanks I actually started the test yesterday, I can happily say even though it's been two days it's been the most uncomplicated and simplest EA I've ever used and I will definitely be looking to sign up soon once this test is over. Amazing job - if this is what a free EA of yours can do I can wait to try the others.

  • @rubenheimark9391
    @rubenheimark9391 ปีที่แล้ว

    Can you use this on a regular live account?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi rubenheimark9391, yes, this is a fully functional EA and can be used on any MT4 or MT5 platform.

  • @estebanzavala7682
    @estebanzavala7682 ปีที่แล้ว

    Hey Petko,
    I’m currently trying to install this EA to my MT4 but it’s not working. The EA doesn’t show up under EAs. What should I do?
    Thanks,
    Esteban Z.

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi estebanzavala7682, have you extracted the files from the zip files? If you did, you'll have both the MT4 and MT5 version. Copy the mql4 file into your Experts folder in MT4. Then refresh your Navigator by right clicking and selecting Refresh, and it should be there. Then drag it onto your chart. Make sure to enable Auto Trading before copying the EA onto your chart.

    • @estebanzavala7682
      @estebanzavala7682 ปีที่แล้ว

      I wasn’t able to configure the experts settings to match my $1million demo Account. The settings kept resetting, every time I tried to save the new lot size. What should I do?

  • @Rationalist101
    @Rationalist101 ปีที่แล้ว

    So you're trying to make 2.5% profit everyday???

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi Rationalist101, not necessarily. Of course, I want to make as much as possible, but if my EAs are not currently profitable, I don't trade at all

    • @Rationalist101
      @Rationalist101 ปีที่แล้ว

      @@PetkoAleksandrov Have you heard of the pip collector EA and if so what do you think of it

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi Rationalist101, I have about it, and it's on our list to test. Should the results match the promises by the developer, we'll record a review

    • @Rationalist101
      @Rationalist101 ปีที่แล้ว

      @@PetkoAleksandrov Okay

  • @waltertrujillovallejo4838
    @waltertrujillovallejo4838 ปีที่แล้ว

    Hello sr, is it possible that it doesn’t make a trade in 24h ?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi waltertrujillovallejo4838, it is possible that a trade won't open in a 24 hour period. It will open a trade when conditions are met according to the strategy rules in the EA, however, please ensure auto trading is enabled, and you enabled it before installing the EA onto your chart, and you see the smiley face in the top right hand corner of your chart.

  • @kestutisgalkus137
    @kestutisgalkus137 ปีที่แล้ว

    Hi. What's the robot strategy?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi kestutisgalkus137, if you download the robot, you will have access to the source code, I don't hide anything, so you can go through it and see for yourself. I also describe it in the video.

    • @Clarkedavidchibuikem
      @Clarkedavidchibuikem ปีที่แล้ว

      How can I get the bot sir

  • @AyoubOuchene-zd7dq
    @AyoubOuchene-zd7dq 8 หลายเดือนก่อน

    bro but if i have th real funded acount
    can i use the robot on the acount

    • @PetkoAleksandrov
      @PetkoAleksandrov  8 หลายเดือนก่อน +1

      The EA will work on a funded account, although it's been specifically created for challenges. If you do want to use it, I would recommend putting it on a demo account, monitoring it's performance, and only trading with it when it is in a profitable phase. And even then, with very small lot sizes to minimise your risk

  • @cristiannembrini1008
    @cristiannembrini1008 ปีที่แล้ว

    Hi, I downloaded your EA, I attached it to my MT4 EURUSD H1 chart, but I don't see the 2 blue and red channel lines. can you help me?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      If you wish to place the indciator over the chart you should do it yourself from the MT platform.

  • @achille1577
    @achille1577 ปีที่แล้ว

    So what is the formula to determine the lot size of a given account size?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi achille1577, this will depend on a few factors. What is your risk appetite, leverage used, asset being traded. But you should never risk more than 5% of your total account on a trade.

    • @achille1577
      @achille1577 ปีที่แล้ว

      @@PetkoAleksandrov typical FTMO 100k account rules BUT DURATION IS UNLIMITED - daily drawdown is

  • @abr.4419
    @abr.4419 ปีที่แล้ว

    How to get for free this ea, i have looking to download it but it was not possible?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi abr.4419, the download link is in the video description.Simply click on it and follow the instructions to download and use for free.

  • @invisuno68
    @invisuno68 ปีที่แล้ว +1

    I don’t quite understand, does the robot scale up the lot size, or do you choose the lot size personally and put the robot to work?
    Is it possible to keep the robot trading on the same lot size and same risk management?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi invisuno68, the older EAs I created for the challenge did not scale up, the newest one does. Yes, in the properties, you can select whether it scales up, and by how much, or not at all.

  • @UubGamingTv2.0
    @UubGamingTv2.0 3 หลายเดือนก่อน

    hello why its not working on mt 4 demo account ?

    • @PetkoAleksandrov
      @PetkoAleksandrov  3 หลายเดือนก่อน +1

      As long as you have installed it and attached it to the correct chart and timeframe, and you see a smiley face in the top right hand corner of your chart, the EA is active and will open trades when market conditions trigger the rules of the strategy

    • @UubGamingTv2.0
      @UubGamingTv2.0 3 หลายเดือนก่อน

      @@PetkoAleksandrov maybe I hold not long enough that’s why not open trades probably thank you for response will try again

  • @ffplayer7697
    @ffplayer7697 ปีที่แล้ว

    Sir I have doubt in nft, then my nft sold in polygon blockchain in opensea and then I have pay fees for buyers?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Please, drop your comments below the relevant videos so I can assist you better.

  • @kanawasweribin4918
    @kanawasweribin4918 ปีที่แล้ว

    45 candels in a 1h timeframe? the challenge rules are broken "no trades overnight"

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      I am not really sure to which moment of the video you reffer to?

    • @kanawasweribin4918
      @kanawasweribin4918 ปีที่แล้ว

      there was a trade with 45 hours , but i looked in the rules, challenge and verfication must not closed over night ..
      sry for my fail

    • @kanawasweribin4918
      @kanawasweribin4918 ปีที่แล้ว

      i just downloadet this EA to test it, but after DL und just compile it didnt open any trade..
      du i have to do something with the sourcecode ?

  • @ZendoOficial
    @ZendoOficial ปีที่แล้ว

    please make a video of how install it ???

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi ZendoOficial, we have many video showing you how to install EAs onto your platform. Most of our videos include this

  • @victordrums
    @victordrums ปีที่แล้ว

    Can i use the EA on fundednext prop firm?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi victordrums, yes you can, on any prop firm. However, try it out on a trial or demo first. The EA has been updated several times since this video was released.

    • @victordrums
      @victordrums ปีที่แล้ว

      How do i get the updated version

  • @TradeTest-pl8bz
    @TradeTest-pl8bz ปีที่แล้ว

    Is it ok to use EA Bots during challenge?

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว +1

      Hi TradeTest-pl8bz, I have been using EAs to pass prop firm challenges with no issues

    • @TradeTest-pl8bz
      @TradeTest-pl8bz ปีที่แล้ว

      Thanks @@PetkoAleksandrov

  • @nitindubeynikhil8131
    @nitindubeynikhil8131 ปีที่แล้ว

    can i use 25 pips sl and 100 pips tp and use it on 26 pairs

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi nitindubeynikhil8131, the EA has been optimised for the currency pair it's trading. But the EA is yours to download and test in any way you wish. But, make sure to test on a demo account first, and run some backtests to get an idea of how it would perform with the new settings and assets

  • @samblu88
    @samblu88 ปีที่แล้ว

    Please the bot can't run for me, any People help me please, i'm french

    • @PetkoAleksandrov
      @PetkoAleksandrov  ปีที่แล้ว

      Hi samblu88, what do you mean it can't run? Have you followed the necessary steps? Copied it to the Experts folder, compiled the EA, refreshed the Navigator, enabled auto trading, dragged it onto the chart?

  • @GiovanniMadeo-ql8sc
    @GiovanniMadeo-ql8sc 9 หลายเดือนก่อน

    thanks!!!!!