Hey traders, I updated the Robot's parameters to be more relevant to the current market conditions. It is the same strategy, but the settings are Bollinger Bands (Period 17; Deviation 3.09). Standard Deviation ( Period 63; Level 1). The new EAs are in the link below the video. I also backtested the EA with Live spreads which is now available on EA Studio! Make sure to test on a Demo account, and remember that I upload the Robots for educational purposes only! It is not a piece of financial advice! Hope you like it!
I ran it on Tickstory data demo and it seems to have A LOT of drawdown though. I tried changing the settings, but couldn't get anything better happening.
Thank you, brother Petko for the great video and for your great heart and professionalism! Wish you the very best in your trading and please do share your strategy with us, poor traders 😘
thank's for the video and thank's for the EA.it's working ;);););) i used the settings from the video bollinger bands (period 32; deviation 2.80) and standard deviation (period 37) and it's working very well with eurusd it's making 10% to 15% per month on the mt4 tester
All EAs go through profitable and unprofitable periods. It's best to keep the EA on a demo account and only trade it on a 2nd account when it's in a profitable period
You're awesome, what an excellent video on this effective strategy. Best Bollinger Band Strategy explanation, I like it. Definitely going to check out your robot EA.. Thank you ☺
Did you try adding stoploss into the settings? Assume a massive move in one direction can blow ur acc. I wanna use stoploss, but not sure how many pips I'd use.
Hi Petko! Your videos are great, they are super insightful! Just a question about the EA, if you don't add a take profit/stop loss, will the bot take profit/loss on its own? (i.e does it do it automatically?)
Hi catherinejoubert2837, when creating EAs in EA Studio and FSB Pro, you have the option to either add a TP and SL, leave them out of the strategy or allow the software to decide which would be best, based on backtesting. That is why some of our EAs have SL and TP, and some do not.
Yes, you can see it in the history tab in the trade window under your platform. You can also export the history to a file, or you can connect your platform to FXBlue, where you'll be able to see all stats for every trade. Check out this video: ua-cam.com/video/l1gWsPdKM24/v-deo.html
Hi ritchiecomia5269, as you can see from the backtest, it has been profitable. However, market conditions dictate the performance of an EA at the current time. All EAs will go through profitable and unprofitable periods, and there will be drawdowns.
Hi justlibo, I'm not sure I understand your question exactly, but, when we backtest a strategy, it is backtested over a period of time of our choosing. The longer the period, the more and different trading conditions we can test it over. So, we test it over the best and worst conditions to get an idea of it's overall performance. But it's always best to also test over a shorter, more recent period to get an idea of how it would have performed in more current times.
Hi user-ck1zg1qw4z, there aren't any settings to change really. As long as your account balance is big enough, your leverage is not too high, and your entry lot size is set according to your account balance, once market conditions are right, the EA will open and close trades, but market conditions will determine the outcome. I'd suggest running a backtest to get an idea of how it would have performed with your broker in the past.
Hi Petko, What are the parameter that I need to set in This EA, Kindly tell me . that I am using XM broker with 1:2000 liverage Thanks in Advance.........Bro!
Hi santoshithape8652, all of the settings are built into the EA. However, you can play around with a few of the inputs when attaching the EA onto your chart, and if you have a little experience, you can adjust settings in the code using MetaEditor (simply double click the EA in the folder and it will open automatically in MetaEditor). The robot was created using a leverage of 1:100, so I would suggest keeping it that way, but you can change a few settings to the EA in your demo account, run backtests and see which would work best with XM and their trading conditions.
Hey rallenabishek, the robot is available using the link in the video description. You install it the same as any other EA. Take a look at this video: ua-cam.com/video/1GWD8gb6rXw/v-deo.htmlsi=dvgUZd3LZp-rptn0
Hi Familyvlogsuk, unfortunately not. Trading with EAs is only possible on Metatrader running on a PC or laptop. Trading with EAs is not supported on mobile devices.
Hey thank you so much for getting back to me so quickly. I am new to trading so plz help me out here , so I have £1000 account and I would like to set up the robot, which is the best broker ? Who will support the use of robot on my favour. And personally which broker do you use for robot trading? Thank you so much 🙏
Hi Petko, Super insightful and effective strategy. Just a question about EA. Getting Error : EA version End of Life reached on 2023.09.15. Could you help me in this? Thanks!
Hey Petko! Very Good EA 🎉 Need to be adjusted time to time with optimization tools …thank you, other people don’t know how to use mt4 basic stuff, just educate yourself…;) keep going
Hi @chloealfredie9806, all EAs go through profitable and unprofitable periods. That's why we trade with more than 1. When 1 becomes unprofitable, the others will be profitable and compensate
Does a specific broker matter on trading this Gold robot? Same with other forex robots you need to test what brokwr works on demo before going live with that broker?
Hi 1tcoffee , These settings are part of the risk management features that help in optimizing the EA's performance under certain market conditions. Here's what they generally mean: Max Spread Protection: This setting is designed to protect the trader from entering trades when the spread is too high. The spread is the difference between the bid and ask price of a currency pair. By setting a 'Max Spread' value, the EA is instructed not to execute trades if the spread exceeds this specified value. This is particularly useful in avoiding trades during times of high market volatility or low liquidity, where spreads can widen significantly. For example, if you set the Max Spread Protection to 5 pips, the EA will not initiate trades if the spread for the currency pair exceeds 5 pips. This helps in avoiding excessive trading costs. Minimum Currency Protection: The minimum amount of currency balance in the account required for the EA to execute trades. This is a risk management feature to prevent the EA from trading if the account balance falls below a certain level, thus protecting the trader from excessive losses or margin calls.
hi petko i am using this EA on gold 100k DMO account i want to run it on my 100k live funded account should i run it as is? will it auto exit trades using the deviation or do i have to keep an eye on when it enters so i can close it myself? i notice it enters a gold trade usually around midnight. The last two nights it caught a 10k move for me on gold but i closed the trades when I woke up. So i am wondering what I should do before I run it on my funded account.
Hey envo6539. The EA will close trades either when the TP or SL is hit, or when the conditions in the strategy indicators are met. The EA will open and close trades fully automatically, but you can also close trades manually once it gets to a profit level you're happy with. I would however recommend keeping it running in a demo account, and only trade it in your live account when it is in a profitable phase. All EAs will go through profitable and unprofitable periods depending on market conditions.
Hi rasalghul9089, it can happen that a strategy would work on multiple assets and different time frames. It has been created using specific historical data for an asset and timeframe, but could work elsewhere. This is why it's good to backtest on different markets and check. But we cautious, and always test on a demo account.
Congratulations on the start of your journey. We offer educational resources and EAs, though our many courses and UA-cam channel. You can also check out the free 21 day algo program, eatradingacademy.com/algo-program/. Our fiorum is also a great resourse with hundreds of active traders, mentors and team members contributing on a regular basis:eatradingacademy.com/forums/
I ran the bot fine but it blows pretty quickly with default settings. Is there a different set file that I should be using, different time periods, or time lengths, etc? Thank you, enjoy your videos. Passed my first prop firm challenge today!
Oh. a little looking and now I see the tricks to compile my own. Now that I'm into github samples, I'm on a role now. Already have a bot that is profitable for the last 20 years. Thank you for what you published, much appreciate it!
hey i just have a small question does this bot work for accounts who's balance is 100 dollars or less and if it does how much profit woult it generate over a month with 0.01 lots
Nice EA. Trying it out now. Is it possible to add the max amount of trades it can make per day. That's if I don't want it to make more than 2 trades each day
We are not currently trading it. We have hit the limit on our VPS' resources, so we had to remove a few EAs, but you can easily backtest it to see how it would have performed in recent market conditions.
We are not running it currently, because we have limited resources on our VPS, and we are testing hundreds of others. You don't necessarily need a VPS if you can keep your PC/laptop on and connected it the internet 24/7.
The settings are still valid, however, not for all market conditions. Keep the EA in a demo account, monitor it's performance, and put it into a 2nd account only when market conditions are suitable. In other words, only when it has opened and closed several profitable trades.
The broker you select is very important, and could be the difference between a profitable and unprofitable EA. All EAs will go through profitable and unprofitable periods, so it's important to backtest over an extended period to get a better idea of the overall performance of an EA
Hi @p1ngp0ngdelight91, take a look at the link below. There is a video and a guide on how to do this. eatradingacademy.com/guides/expert-advisor-studio/export-ea-metatrader-5/
Hi im_ibb, all of the EAs we create, we keep on our demo accounts, and monitor performance, moving them to our live accounts when they are profitable, and removing them when they are not. All EAs go through profitable and unprofitable periods.
HI @MrHawelock, as you'll see in the video at around 8 minutes, it's being traded on a full 1 lot. The fee structures are very different on cent accounts.
Hi @user-xo6gw7ry8u, It would depend on market conditions, leverage, commissions and fees from the broker. The best advice would be to start trading with small lot sizes, on a demo account and implement good money management. Once you're happy with the results, move on to a live account, but take your time.
Hi thank you so much for this Much appreciated. What is the minimun amount you must have in you trading account to trade gold with a lotsize of 1? What is the SL and TP for this robot?
Hello, when I click the link for the bot it takes me back to UA-cam. I also tried the academy one and it did the same. Can you provide me an updated link in the comments and check you links? Tried on laptop and phone and same result.
Hi skanotz1, I have just checked the link and it goes straight to the EA download page. Seems like there may be something blocking the site on your side.
Could you give it a bit more time? If you do not see trades in a few days, you may have forgotten to enable the auto trading before placing the EA on the chart.
hi petko, So do you recommend king robot by leap fx? please do an honest review. Because their marketing system is so effective and sales talk wise very impressive. And do you offer it for free? Please notice my comment
Hi lawrencel2544, results will vary due to factors like the selected broker and their trading conditions, your account balance, leverage, etc. I'd suggest downloading the EA, placing it on a demo account with a few brokers, and running backtests to see exactly how it performed with each over a specified time of your choosing.
I couldn't completely understand his strategy. and i wasn't able to get those blue boiling bands to show up on the MT4 just the lines and the Horizental adjustment wouldn't work either. Can we just use the robot and it can makes us profit without doing this manually?.
Hey @user-uc6ue9ej8v, this strategy and robot don't rely on TP and SL to close trades, but rather the rules. In other words, trades will open and close when the conditions are met.
Hey mate, I do not want to say No, but my time is really limited and I am not e developer. I use strategy builders like EA Studio and FSB Pro. You can try to implement your idea this way.
tried to back test this on a $500 (because i am poor) with as many settings as possible on the 5min time frame. it straight gives that rubber ducky squeak to zero the next second. what am i doing wrong? please help this poor chap!
You need to extract the files from the zip, then copy the EA, as it is, into the Expert folder of your MT4 platform. Watch this video for a full guide of how to do it: ua-cam.com/video/oJu49jk-vv8/v-deo.html
Hey VikasSingh-rd2sy, check out this video where I explain the process. It's really very simple: ua-cam.com/video/G1nLo8AUjqc/v-deo.htmlsi=b7R9d5aW4KK-bifb
@@PetkoAleksandrov The source code has set the TP/SL to 0, with no suggested values in the code, so this does not help. It will be a matter of running an optimization to determine the best values.
Hi dorokuhn, as long as you've followed the steps,enabled auto trading before placing the EA onto your chart, and have a smiley face, trades will open when market conditions trigger the strategy rules. Ensure you have anough funds, leverage is set low and you're trading with a broker with small spreads.
As long as you have installed it correctly, set it up for your account size, you see a smiley face in the corner, trades will open when market conditions trigger a trade execution based on the strategy rules
The bot will work for ever, but it won't be profitable all the time. Market conditions will determine this. So, keep it on a demo account and trade it only on a 2nd account when it is in a profitable period.
Hey Petrov, you must admit that your Bots does not work well. Ive tried the bots from the Udemy courses and they Clearly do not work. Be honest with your people, please. This is not a very efficient way of making money. I've done many of your udemy courses.... sorry m8. 😞 its a thumbs down. ..
Hi francebootun9598, as we've said many times, not all EAs can be profitable all of the time. We thoroughly backtest the strategies, so you can clearly see the past performance and robustness of the EAs. The idea with providing many EAs is that when one or more become unprofitable, others will compensate by becoming profitable. We do not trade all of the EAs all of the time, but rather monitor them in a demo account, and select the best current performers for our 2nd account.
Hi TradingHub-tp7ic, Gold is not very active, so there won't be many trades. Be patient, when market conditions are right, the rules of the strategy will trigger the EA to execute trades for you.
Hi lipanj1, yes, it's ok. If no SL or TP has been set, the EA will close trades according to the rules of the strategy, when the parameters of the indicators confirm each other and send a closing signal
Make sure you have enabled auto trading before placing the EA onto the chart, and of course, that you have extracted the files from the zip file first. Also, please make sure you have copied the correct version (MT4 or MT5) according to the platform you're using
this does not work. Most of the time after 3 consecutive candles, the price will already be set to move in that specific direction (trend). This EA will open a opposite direction trade against the trend after 3 consecutive candles then you will be trading against the trend
Hi farhanluthfan, all EAs will go through profitable and unprofitable phases according to current market conditions. The ide is to keep many robots in a demo account, monitor their performance and only trade those that are currently profitable in a 2nd or live account
Can i use it on other currencies? the tests on the expert advisor shows a pretty good result but on this two days it didnt open any position on eur/usd
Hi DCKalex, this is a Gold trading robot, created using historical data from that asset only. There may be times when the strategy works with other assets, but the backtest was performed on Gold only, and recommended to be used for Gold only.
There is no name - it's an EA I created. It has a magic number only. It still works, but you'll need to backtest it with your broker, and place it on a demo account first to see if it is profitable in current market conditions. The link to download it is in the video description
Hi can you add some day light mode charts screenshots please... In dark mode standard deviations u added are not visible at all... Just the yellow line appearing there u added manually
Hey traders, I updated the Robot's parameters to be more relevant to the current market conditions. It is the same strategy, but the settings are Bollinger Bands (Period 17; Deviation 3.09). Standard Deviation ( Period 63; Level 1). The new EAs are in the link below the video. I also backtested the EA with Live spreads which is now available on EA Studio! Make sure to test on a Demo account, and remember that I upload the Robots for educational purposes only! It is not a piece of financial advice! Hope you like it!
I ran it on Tickstory data demo and it seems to have A LOT of drawdown though. I tried changing the settings, but couldn't get anything better happening.
Thank you, brother Petko for the great video and for your great heart and professionalism! Wish you the very best in your trading and please do share your strategy with us, poor traders 😘
thank's for the video and thank's for the EA.it's working ;);););) i used the settings from the video bollinger bands (period 32; deviation 2.80) and standard deviation (period 37) and it's working very well with eurusd it's making 10% to 15% per month on the mt4 tester
@@bellalabdelkader2017 how much is the drawdown
@@BlueGTR 3%if you trade conservative settings
Tested it with current settings. On a 1k account I'm losing 135 USD over 120 trades. Not profitable right now.
All EAs go through profitable and unprofitable periods. It's best to keep the EA on a demo account and only trade it on a 2nd account when it's in a profitable period
@@PetkoAleksandrov True. Or run the strategy tester in MT4 to see if you should activate the EA right now. That should get you the same results.
@@PetkoAleksandrov Is there a update on this video? Like new version or something? Thank you.
New fan bro. I need to win with gold trading with your strategy. Thank.
You're awesome, what an excellent video on this effective strategy. Best Bollinger Band Strategy explanation, I like it. Definitely going to check out your robot EA.. Thank you ☺
Can you tell me sl and TP
can you share the Robot for Gold inputs set ?
The code is included. Everything is open. There are no set files for this EA - use it as it is, but you can change the entry lots if you prefer
Did you try adding stoploss into the settings? Assume a massive move in one direction can blow ur acc. I wanna use stoploss, but not sure how many pips I'd use.
depends on whether ur scalping and what ur R:R ratio is
Try not to assume. Perform a backtest and see if would work better.
Don't use this robot .. Save yourself time, money, and effort. If you do..... You will be very disappointed. 😞
Hi Petko! Your videos are great, they are super insightful! Just a question about the EA, if you don't add a take profit/stop loss, will the bot take profit/loss on its own? (i.e does it do it automatically?)
Hi catherinejoubert2837, when creating EAs in EA Studio and FSB Pro, you have the option to either add a TP and SL, leave them out of the strategy or allow the software to decide which would be best, based on backtesting. That is why some of our EAs have SL and TP, and some do not.
@@PetkoAleksandrov i see now yor answer. so it is ok to be emmpty?
Hi. Is there a way to see all trades executed by an EA, but more impotency, see the profit/loss of each EA, please?
Yes, you can see it in the history tab in the trade window under your platform. You can also export the history to a file, or you can connect your platform to FXBlue, where you'll be able to see all stats for every trade.
Check out this video: ua-cam.com/video/l1gWsPdKM24/v-deo.html
hello, good morning. i would like to ask if this ea is profitable for in your experience? thank you!
Hi ritchiecomia5269, as you can see from the backtest, it has been profitable. However, market conditions dictate the performance of an EA at the current time. All EAs will go through profitable and unprofitable periods, and there will be drawdowns.
Hey Petko, on which time chart would it make sense to use the BB strategy? M5-M15-H1-H4 ? Thanks for your Video
Hi AsumanAral, the BB strategy can work on multiple timeframes, but in this video, I am using it on a Gold scalping strategy on M1
Hello which robot can you recommend for free and can work on smart phone
Hi billionfitness, you cannot use EAs on your phone. You need a PC or laptop running MT4 or MT5
@@PetkoAleksandrov okay thank so much
Please i don't see the software, where can i download it? Thanks
The link to download the EAs is in the description below the video
Do we need to add the web request URL in Tools -> Options -> Expert Advisors
No settings in this EA need to be changed, except the lot size according to your account balance and risk tolerance. No URLs are required
Thanks for the robot Petko.
Keep up.
Can you tell me sl and tp
What are the worst conditions for this strategy in your testing?
Hi justlibo, I'm not sure I understand your question exactly, but, when we backtest a strategy, it is backtested over a period of time of our choosing. The longer the period, the more and different trading conditions we can test it over. So, we test it over the best and worst conditions to get an idea of it's overall performance. But it's always best to also test over a shorter, more recent period to get an idea of how it would have performed in more current times.
Hi Petko,
Could you help me with the settings of the EA. I don‘t get any positive results… Thanks a lot. Chris.
Hi user-ck1zg1qw4z, there aren't any settings to change really. As long as your account balance is big enough, your leverage is not too high, and your entry lot size is set according to your account balance, once market conditions are right, the EA will open and close trades, but market conditions will determine the outcome. I'd suggest running a backtest to get an idea of how it would have performed with your broker in the past.
@@PetkoAleksandrov Great Service ! Thank you very much for your answer. I will try again.
Hi Petko, What are the parameter that I need to set in This EA,
Kindly tell me . that I am using XM broker with 1:2000 liverage
Thanks in Advance.........Bro!
Hi santoshithape8652, all of the settings are built into the EA. However, you can play around with a few of the inputs when attaching the EA onto your chart, and if you have a little experience, you can adjust settings in the code using MetaEditor (simply double click the EA in the folder and it will open automatically in MetaEditor). The robot was created using a leverage of 1:100, so I would suggest keeping it that way, but you can change a few settings to the EA in your demo account, run backtests and see which would work best with XM and their trading conditions.
@@PetkoAleksandrov
Thank you very much, I will work on it as you said,
Good morning Sir. i want to download the Robot, what is the promotion code
The robot is free, and you can download it using the link in the video description
Hello petko, is this robot ea still availbale to download and use?? Thanks.!! Also guide me how to install this??
Hey rallenabishek, the robot is available using the link in the video description. You install it the same as any other EA. Take a look at this video: ua-cam.com/video/1GWD8gb6rXw/v-deo.htmlsi=dvgUZd3LZp-rptn0
Is this martingale or grid? What bro do you recommend?
I use indicators for the EAs. It is not a grid and it's not a martingale.
I want to purchase your EA for mt5 for XAUUSD, please advise
Hi thanhtrungnguyen6674, using the link I mentioned below, when you download the top 10 Gold EA pack, both MT4 and MT5 EAs are included.
hello can you please sent the robot parameters and tp and sl reccomended to test it thank you
Hi travelmind12, this strategy doesn't have a fixed TP or SL. It uses the signals from the indicator parameters to exit trades
Hi there, I have downloaded the robot and have downloaded Mt5 demo. Where do I find instructions on how to add it to Mt5? Many thanks
Hey jonwetton876, have a look at this video, which will guide you: ua-cam.com/video/oJu49jk-vv8/v-deo.htmlsi=hr1kw2jcvlhnUG2H
Many tnx Petko, YOU ARE GREAT!
Is this still good?
@@rubbamonkey9221 Hi, I wanted to try myself, but I changed my plan, so I have not tried it yet!
Hi
Can i download this Robot on my phone to trade?
Thank you
Hi Familyvlogsuk, unfortunately not. Trading with EAs is only possible on Metatrader running on a PC or laptop. Trading with EAs is not supported on mobile devices.
Hey thank you so much for getting back to me so quickly. I am new to trading so plz help me out here , so I have £1000 account and I would like to set up the robot, which is the best broker ? Who will support the use of robot on my favour. And personally which broker do you use for robot trading?
Thank you so much 🙏
Hi Petko, Super insightful and effective strategy. Just a question about EA. Getting Error : EA version End of Life reached on 2023.09.15. Could you help me in this?
Thanks!
Hey Petko! Very Good EA 🎉
Need to be adjusted time to time with optimization tools …thank you, other people don’t know how to use mt4 basic stuff, just educate yourself…;) keep going
I apprecite your works, Sabri!
Does it work on mt5 and mt4?
How can someone contacts you for premium robot or educational services?
You can email us at support@eatradingacademy.com, and one of our experienced team members will assist you
Those BB settings are solid ! Thank you !
Can you tell me sl and tp
Can you tell me sl and tp
Hey bro when you record you screen whats the resolution you used?
Hi TodosSomosTraders, we always record our screen at 080P
Thank you ones again, I will love to know if this robot is still profit efficient Sir?
Hi @chloealfredie9806, all EAs go through profitable and unprofitable periods. That's why we trade with more than 1. When 1 becomes unprofitable, the others will be profitable and compensate
@@PetkoAleksandrov how can I use this robot please ?
Does a specific broker matter on trading this Gold robot? Same with other forex robots you need to test what brokwr works on demo before going live with that broker?
Hey mate, well I use a few, you can find them here and compare the results: eatradingacademy.com/trusted-forex-brokers/
Thank you for this EA, if i want to use it on a 3,000$ account, do i change anything in the risk settings or LOT size or keep it the same?
Hi @666kgb666, it would depend on the leverage you're trading. But try with 0.3 lots first, and always on a demo account at tfirst
In the EA settings, what are the "Max spread protection" and the "minimum currency protection", please?
Hi 1tcoffee , These settings are part of the risk management features that help in optimizing the EA's performance under certain market conditions. Here's what they generally mean:
Max Spread Protection:
This setting is designed to protect the trader from entering trades when the spread is too high. The spread is the difference between the bid and ask price of a currency pair.
By setting a 'Max Spread' value, the EA is instructed not to execute trades if the spread exceeds this specified value. This is particularly useful in avoiding trades during times of high market volatility or low liquidity, where spreads can widen significantly.
For example, if you set the Max Spread Protection to 5 pips, the EA will not initiate trades if the spread for the currency pair exceeds 5 pips. This helps in avoiding excessive trading costs.
Minimum Currency Protection:
The minimum amount of currency balance in the account required for the EA to execute trades. This is a risk management feature to prevent the EA from trading if the account balance falls below a certain level, thus protecting the trader from excessive losses or margin calls.
hi petko i am using this EA on gold 100k DMO account i want to run it on my 100k live funded account should i run it as is? will it auto exit trades using the deviation or do i have to keep an eye on when it enters so i can close it myself? i notice it enters a gold trade usually around midnight. The last two nights it caught a 10k move for me on gold but i closed the trades when I woke up. So i am wondering what I should do before I run it on my funded account.
Hey envo6539. The EA will close trades either when the TP or SL is hit, or when the conditions in the strategy indicators are met. The EA will open and close trades fully automatically, but you can also close trades manually once it gets to a profit level you're happy with. I would however recommend keeping it running in a demo account, and only trade it in your live account when it is in a profitable phase. All EAs will go through profitable and unprofitable periods depending on market conditions.
can we use it for mt5 ??
Yes, both versions are provided.
I'm assuming you have to avoid news announcements as always? Ie stop it before etc
Yep, that is a good idea! However, the EAs I icnlude in the videos are all backtested including the data from the news.
Mr Petko your ea works better in the 5m tf in the strategy tester
Hi rasalghul9089, it can happen that a strategy would work on multiple assets and different time frames. It has been created using specific historical data for an asset and timeframe, but could work elsewhere. This is why it's good to backtest on different markets and check. But we cautious, and always test on a demo account.
Please how will I get access with the robot
The link to download the robot is in the video description
Hi I’m a newbie n recently join a broker. I want to learn how I can trade as a professional. Is there a way we can work together
Congratulations on the start of your journey. We offer educational resources and EAs, though our many courses and UA-cam channel. You can also check out the free 21 day algo program, eatradingacademy.com/algo-program/. Our fiorum is also a great resourse with hundreds of active traders, mentors and team members contributing on a regular basis:eatradingacademy.com/forums/
how can i insttelld your robot sir
Check out this video: ua-cam.com/video/oJu49jk-vv8/v-deo.html
Hello, Thank you for this educative video, please how can I get this bot?
Hey @chloealfredie9806, the link to download the robot is in the description below the video
@@PetkoAleksandrov thank you
Can. U tell me how to install the bot in metatrader 5:??@@PetkoAleksandrov
I ran the bot fine but it blows pretty quickly with default settings. Is there a different set file that I should be using, different time periods, or time lengths, etc? Thank you, enjoy your videos. Passed my first prop firm challenge today!
Oh. a little looking and now I see the tricks to compile my own. Now that I'm into github samples, I'm on a role now. Already have a bot that is profitable for the last 20 years. Thank you for what you published, much appreciate it!
hey i just have a small question does this bot work for accounts who's balance is 100 dollars or less and if it does how much profit woult it generate over a month with 0.01 lots
Hi andybutcher2321, this EA is designed to trade a full lot, and would not be suitable for 0.01 lot execution, due to the spreads and fees.
Nice EA. Trying it out now. Is it possible to add the max amount of trades it can make per day. That's if I don't want it to make more than 2 trades each day
Hey mate, we can add anything but what is the point? If the signal is there, trades must be opened.
sir this ea still profitable? or are you using on real still?
We are not currently trading it. We have hit the limit on our VPS' resources, so we had to remove a few EAs, but you can easily backtest it to see how it would have performed in recent market conditions.
I have downloaded your bot but is there any set files for it as by default it starts with lot size 1
There are no set files, however, you can change the entry lots in the properties of the EA
grande PETKO...GRACIAS
Does the robot still running??
Do i need vps to run it???
We are not running it currently, because we have limited resources on our VPS, and we are testing hundreds of others. You don't necessarily need a VPS if you can keep your PC/laptop on and connected it the internet 24/7.
Is this settings still good?
The settings are still valid, however, not for all market conditions. Keep the EA in a demo account, monitor it's performance, and put it into a 2nd account only when market conditions are suitable. In other words, only when it has opened and closed several profitable trades.
in backtesting it's not good. Even if I am using the creator's setup, I am always loosing.
The broker you select is very important, and could be the difference between a profitable and unprofitable EA. All EAs will go through profitable and unprofitable periods, so it's important to backtest over an extended period to get a better idea of the overall performance of an EA
Hello, I just want to know how to insert the bot into my mt5 plz
Hi @p1ngp0ngdelight91, take a look at the link below. There is a video and a guide on how to do this.
eatradingacademy.com/guides/expert-advisor-studio/export-ea-metatrader-5/
Is this something you are still using?
Hi im_ibb, all of the EAs we create, we keep on our demo accounts, and monitor performance, moving them to our live accounts when they are profitable, and removing them when they are not. All EAs go through profitable and unprofitable periods.
Hi Petko, what is the settings for TP and SL, would 0.01 lot size with 1.3 leverage would be good?
Is this for MT4 or MT5?
Hi atiqkh82, you can use either. We include both MT4 and MT5 versions
Is this Ea still working? Does it work on pro cent account. I've added it to mt4 but it didn't open any trade.
HI @MrHawelock, as you'll see in the video at around 8 minutes, it's being traded on a full 1 lot. The fee structures are very different on cent accounts.
How much returns par day with 1000 usd investment
Hi @user-xo6gw7ry8u,
It would depend on market conditions, leverage, commissions and fees from the broker. The best advice would be to start trading with small lot sizes, on a demo account and implement good money management. Once you're happy with the results, move on to a live account, but take your time.
Hi Sir, try to download/via check-out but it is not coming...what to do Sir?
Hi reylozada5637, please try again. We recently launched a new site design. You may have tried while it was updating. Everything is working correctly.
Hi thank you so much for this
Much appreciated. What is the minimun amount you must have in you trading account to trade gold with a lotsize of 1? What is the SL and TP for this robot?
There is no min or max. It depends how much you risk from the account (the lot size)
I tried with 500 leverage and $1,000 was enough. But better test it on the Demo account first.
@@PetkoAleksandrov can I have your number please
Can you tell me sl and tp
Hello, when I click the link for the bot it takes me back to UA-cam. I also tried the academy one and it did the same. Can you provide me an updated link in the comments and check you links? Tried on laptop and phone and same result.
Hi skanotz1, I have just checked the link and it goes straight to the EA download page. Seems like there may be something blocking the site on your side.
sir, there are 2 download, mq4 and mq5, which to download??
Hey @kengs982928, the mq4 file is for Metatrader4, the mq5 file is for Metatrader 5
Hi, Petko, greeting from Indonesia, i can't access your website, got block by government, i used vpn with no luck too, can you help?
I'm afraid I don't know why it is being blocked. We have never had anyone else tell us they are unable to access our website. P
thank you for the video, i have installed in my mt4 but almost 24hrs already no trade has bee initiated.
Could you give it a bit more time? If you do not see trades in a few days, you may have forgotten to enable the auto trading before placing the EA on the chart.
Can't get the robot to work on Meta Trader, I have another bot running already. Any advice?
Hi noobsource5594, you can only run 1 EA per chart. Open an additional chart and attach the 2nd EA to it
hi petko, So do you recommend king robot by leap fx? please do an honest review. Because their marketing system is so effective and sales talk wise very impressive. And do you offer it for free? Please notice my comment
Hi patsilvestre9778, I am currently using it, and will release a video on my results, which will be completely honest and transparent.
@@PetkoAleksandrov i will wait sir petko cant wait on this one :)
I just came across this video. Anyone has any updates on the performance of this EA ??
Hi lawrencel2544, results will vary due to factors like the selected broker and their trading conditions, your account balance, leverage, etc. I'd suggest downloading the EA, placing it on a demo account with a few brokers, and running backtests to see exactly how it performed with each over a specified time of your choosing.
@@PetkoAleksandrov Thanks! I am going to give it a try. Do you have any eas that has been producing steady results over a period of time?
I couldn't completely understand his strategy. and i wasn't able to get those blue boiling bands to show up on the MT4 just the lines and the Horizental adjustment wouldn't work either. Can we just use the robot and it can makes us profit without doing this manually?.
Hey Marco, yes, you do not need to place the indciators on the charts.
which TP and SL you advice to test?
Hey @user-uc6ue9ej8v, this strategy and robot don't rely on TP and SL to close trades, but rather the rules. In other words, trades will open and close when the conditions are met.
@@PetkoAleksandrov ok but you have 2 bot in that one has TP and SL 0, the other one TP 0 SL 2800, all on M1 but got only 1 trade..
is it normal?
@@PetkoAleksandrov becasue was testing end at profit 500$ still havent close the trade and very risky if goes on loss...
where is the roboit attached??? cannot find it !!!
Hi MrFreddyFX, the link to download the EA is in the description below the video.
HI Petro, would be interested in coding an EA idea that I have?
Hey mate, I do not want to say No, but my time is really limited and I am not e developer. I use strategy builders like EA Studio and FSB Pro. You can try to implement your idea this way.
Can I use it to pass my propfirm challenge?
You better check the most recent video instead: ua-cam.com/video/D7M6gc4cXq8/v-deo.html
Thanks for all precious video and advise...
Thank you for your kind words @eta7771
Can you tell me sl and tp
Hello, does this bot pass prop trading challenges?
The conditions for passing are:
Make a profit of 10%
Make a profit of 5%
Do not lose more than 5%
This EA was not designed for prop firms, and does not have the necessary protections in place
Hi Petko, create a US30 ea.
Hey Farid, I have already done it: ua-cam.com/video/V6EQ0ORP7QQ/v-deo.html
hello bro, im not able to download, i go to checkout, and it says 404 page not found
Hi chethnik, the redirect link has been fixed, you can ahead and download the EA.
tried to back test this on a $500 (because i am poor) with as many settings as possible on the 5min time frame. it straight gives that rubber ducky squeak to zero the next second. what am i doing wrong? please help this poor chap!
Hey mate, how much is the spread with your broker?
idont run in my MT4 need the .exc file
You need to extract the files from the zip, then copy the EA, as it is, into the Expert folder of your MT4 platform. Watch this video for a full guide of how to do it: ua-cam.com/video/oJu49jk-vv8/v-deo.html
Can anyone teach me how we setup this gold bot in our mt5
Hey VikasSingh-rd2sy, check out this video where I explain the process. It's really very simple: ua-cam.com/video/G1nLo8AUjqc/v-deo.htmlsi=b7R9d5aW4KK-bifb
Hello, what are the settings for TP and SL? Thanks in advance
Hi YourBBCoach, the settings are all in the included code. If you open the EA in Notepad, you will see all of the settings.
@@PetkoAleksandrov The download didn't include any settings notepad file to read. Mine came with mt5 and mt4 file no instructions.
@@PetkoAleksandrov The source code has set the TP/SL to 0, with no suggested values in the code, so this does not help. It will be a matter of running an optimization to determine the best values.
how to download ?
Hi bestibeats3766, the download link is in the description
hello... dont work in MT4 what did i wrong??
Hi dorokuhn, as long as you've followed the steps,enabled auto trading before placing the EA onto your chart, and have a smiley face, trades will open when market conditions trigger the strategy rules. Ensure you have anough funds, leverage is set low and you're trading with a broker with small spreads.
So .mt5 is not automated?
Both MT4 and MT5 EAs are included. Both are fully automatic
hi petko.thks for sharing the ea. i already run it on my demo acc. however it didnt open any position. pls help
Hello Hasni, give it more time. It will open trades when there are signals. Make sure to enable the auto trading before placing the EA on the chart.
Anyone guide me i have installed this ea but it is not taking trades
As long as you have installed it correctly, set it up for your account size, you see a smiley face in the corner, trades will open when market conditions trigger a trade execution based on the strategy rules
this bot still worlking?
The bot will work for ever, but it won't be profitable all the time. Market conditions will determine this. So, keep it on a demo account and trade it only on a 2nd account when it is in a profitable period.
Hey Petrov, you must admit that your Bots does not work well. Ive tried the bots from the Udemy courses and they Clearly do not work. Be honest with your people, please. This is not a very efficient way of making money. I've done many of your udemy courses.... sorry m8. 😞 its a thumbs down. ..
Hi francebootun9598, as we've said many times, not all EAs can be profitable all of the time. We thoroughly backtest the strategies, so you can clearly see the past performance and robustness of the EAs. The idea with providing many EAs is that when one or more become unprofitable, others will compensate by becoming profitable. We do not trade all of the EAs all of the time, but rather monitor them in a demo account, and select the best current performers for our 2nd account.
Къде е този робот Петко? Влизам в линка ,но няма такива файлове върте ?
Здравей Бранимир, Там са си. Пробвай с друг браузър.
Nice content
Cheers, mate!
HI, Thanks for the robot. I downloaded the mt4 EA but its not executing any trades. Do I need to make any adjustments to the settings?
Hi TradingHub-tp7ic, Gold is not very active, so there won't be many trades. Be patient, when market conditions are right, the rules of the strategy will trigger the EA to execute trades for you.
Is it still working after a year ? Anyone?
You can run a backtest with your broker to see the performance in the last year
what is sl and tp
is it ok if is empty
Hi lipanj1, yes, it's ok. If no SL or TP has been set, the EA will close trades according to the rules of the strategy, when the parameters of the indicators confirm each other and send a closing signal
When I downloaded it in MT4 it doesn't even work with the face 😀
Make sure you have enabled auto trading before placing the EA onto the chart, and of course, that you have extracted the files from the zip file first. Also, please make sure you have copied the correct version (MT4 or MT5) according to the platform you're using
Where fond application ea
You will find the link in the description.
Where to load this EA?
You need to place the Robot on a Gold chart.
I mean in indicator or experts?
EA running but it did not create any profit, loss
Hi @vncis6022, all EAs will go through profitable and unprofitable periods. Have you tried a different broker with lower spreads and commissions?
Can't get it to work. Blows account every single time. Tried different timeframes, everything
Do you mean on the backtest? How do you do it?
@@PetkoAleksandrov I backtested starting in 2020,2021,2022. All blew the account. Did you cherry pick the perfect time period?
@@krispinzaleschuk3489 you should use the timeframe that is meant to be or the one I show in the video. How much is the spread?
@@PetkoAleksandrov I did use 1m
this does not work.
Most of the time after 3 consecutive candles, the price will already be set to move in that specific direction (trend). This EA will open a opposite direction trade against the trend after 3 consecutive candles then you will be trading against the trend
i've tried it and it didnt work. Holding large losses
How long time did you test it? If you have huge losses it means you traded big lots in your account.
@@PetkoAleksandrov I traded big lots like 0.01 lol
i backtested october 2023 until december 2023, its broke the account :D
Hi farhanluthfan, all EAs will go through profitable and unprofitable phases according to current market conditions. The ide is to keep many robots in a demo account, monitor their performance and only trade those that are currently profitable in a 2nd or live account
Can i use it on other currencies? the tests on the expert advisor shows a pretty good result but on this two days it didnt open any position on eur/usd
Hi DCKalex, this is a Gold trading robot, created using historical data from that asset only. There may be times when the strategy works with other assets, but the backtest was performed on Gold only, and recommended to be used for Gold only.
Hi what’s the name of the bot and where can I get it does it still work??
There is no name - it's an EA I created. It has a magic number only. It still works, but you'll need to backtest it with your broker, and place it on a demo account first to see if it is profitable in current market conditions. The link to download it is in the video description
Hi can you add some day light mode charts screenshots please... In dark mode standard deviations u added are not visible at all... Just the yellow line appearing there u added manually
Try to watch the video in 1080p from the UA-cam player. It must be visible.