Hi JamesZolos-jd8cm. It's really very easy. All you do is go to the Strategy tab in EA studio from there you will see all of the available indicators and on each one of these you can set custom parameters so that it matches your manual trading strategy. Take a look at this video: ua-cam.com/video/536s-216LfI/v-deo.htmlsi=au1pKUfgokeY-Bwc
Hi MikesHouseOfMods, with EAs created in EA Studio and FSB Pro, there is no option to connect to an economic calendar and stop / start trading before, during or after news events.
Hi jerine1516, there is no Metatrader 7 platform, unless someone has created a new 3rd party platform with this name. Officially, there is only Metatrader 4 and Metatrader 5
Petko, what is the real difference between FSB Pro and EA Studio? Why go more with one than the other? I feel like FSB Pro is more complete? But there are insteresting options in EA studios that are not in FSB. I also feel like FSB will not be supported eventually.
Hi backgroundgraffiti9597, they are similar in many ways, but also have several differences. This article goes into more specifics about the differences: forexsb.com/wiki/forex-strategy-builder-pro-and-expert-advisor-studio. There is no need to worry about FSB Pro not being supported moving forward. Many professional traders use both apps, and the developer is constantly upgrading, updating and tweaking both.
Hi fendz00, the apps we use - EA Studio and FSB Pro are suitable for creating EAs for MT4 and MT5 only. They cannot create EAs for use on any exchanges or proprietary trading programs.
Hi eddiebowes6137, within EA Studio and FSB Pro, in the Premium Data, there is historical data on several indices. You can use this data to create strategies for these markets. In addition, you can import historical data fro your broker on any indices they offer into EA Studio and FSB Pro, and create strategies using that too, as long as the broker offers CFD trading on indices.
Guys, this is just called CURVE FITTING. It will not produce robust strategies. You see how the “data start” is 2007-09-10 and the “data end” is 2023-09-15. This leaves no out-of-sample data! AT THE VERY LEAST, you want to lhave the strategy generator run from, for example, 2007-01-01 until 2016-12-31 (10 years is plenty of data for in-sample), then take the code that it produces, put it into MT4/MT5, and then run a backtest on 2017-2023 and see if it still produces an upwards-sloping equity curve on data which is hasn’t seen. I would bet almost all the money I own that it will not.
Hi seanissomething, I just touched on the basic options in this short video. When setting up the Generator, there are options for Complete Backtest, In Sample and Out of Sample, in each of which you can select hundreds of parameters, including the percentage of each and all metrics that you want calculated. Also, you will only see backtest results based on the historical data you're using
Hi dineshkumarkunapuram6453, when creating or generating the EAs using EA Studio, you can select session times, including closing the trade at the end of a session or on a Friday. This will generate strategies with those parameters taken into account. This will then be coded into the strategy / EA.
Hi mohamedaliferchichi6887, I have already downloaded and installed it. I have several videos on this EA. (ua-cam.com/video/sS1KlQO7JZM/v-deo.html, ua-cam.com/video/RStkveW97Ns/v-deo.html, ua-cam.com/video/KARbrizWgKs/v-deo.html). I have bought it, as there isn't a free version available, however, it does come with a 30 day money back guarantee.
Hi SiphoBhiya.Online, markets are closed over the weekend, so there is no movement with the asset, which means nothing will happen. If yo have a trade that is open over the weekend, as soon as markets opens again, the EA will look for it's exit signal, and close the trade when the rules of the strategy dictate it to. The EA is not made up of an algorithm, but rather indicators and parameters of them.
Hi larrybobis5059, not with EA Studio, but you can using FSB Pro, a similar program by the same developer. It also has a free 15 day trial available. Check it out here: eatradingacademy.com/software/forex-strategy-builder-professional/
Hello hope you are doing good. Just watched your channel video and subscribed it. Do you have EA (that you think is better) to test in my account that is free to download. I hd gone thru your video list it is very long ... Your suggested EA will save my time... Thanks for the video ... Hope to see you soon with next video👍 Enjoy your day ☺️
Hi bhagatkalra5822, as you correctly say, we have hundreds of free EAs. All EAs will go through profitable and unprofitable periods, so the idea is to put many on a demo account, link it to a website like FXBlue, and monitor their performance. It also depends on the asset you'll be trading, but to start, try these 3 EA that are attached to the video I recently posted: ua-cam.com/video/LRHHYz26YXg/v-deo.html. But download several more to see which would be best suited for your trading style and objectives.
@@PetkoAleksandrov Thank you very much. I will go thru the said video and give my feedback from my Analysis. Hopeing to see you in your session LIVE some day. Have a nice weekend👍 Thank-you☺️
Hi luyanda5, you cannot trade with EAs on the mobile MT platforms. You'll need a PC/laptop or a VPS with the desktop versions running in order to install and use EAs
Thank you so much. I have a question: how do I enter my own manual strategy in EA Studio?
Hi JamesZolos-jd8cm. It's really very easy. All you do is go to the Strategy tab in EA studio from there you will see all of the available indicators and on each one of these you can set custom parameters so that it matches your manual trading strategy. Take a look at this video: ua-cam.com/video/536s-216LfI/v-deo.htmlsi=au1pKUfgokeY-Bwc
I will check it, thank you very much
Looks interesting, thank you
Hello. Looks interesting. Is there a way to keep it from trading during news events?
Hi MikesHouseOfMods, with EAs created in EA Studio and FSB Pro, there is no option to connect to an economic calendar and stop / start trading before, during or after news events.
HI Petko how are you? One question tho, Can this Expert Advisor Studio create EA for MT7? Thank you.
Hi jerine1516, there is no Metatrader 7 platform, unless someone has created a new 3rd party platform with this name. Officially, there is only Metatrader 4 and Metatrader 5
Petko, what is the real difference between FSB Pro and EA Studio? Why go more with one than the other? I feel like FSB Pro is more complete? But there are insteresting options in EA studios that are not in FSB. I also feel like FSB will not be supported eventually.
Hi backgroundgraffiti9597, they are similar in many ways, but also have several differences. This article goes into more specifics about the differences: forexsb.com/wiki/forex-strategy-builder-pro-and-expert-advisor-studio.
There is no need to worry about FSB Pro not being supported moving forward. Many professional traders use both apps, and the developer is constantly upgrading, updating and tweaking both.
can you tell us how to make easy spot crypto for binance or another exchange using APY thanks
Hi fendz00, the apps we use - EA Studio and FSB Pro are suitable for creating EAs for MT4 and MT5 only. They cannot create EAs for use on any exchanges or proprietary trading programs.
Hi Petko, is there a bot builder for Indicies strategies? I wanted to try building a bot for a DAX strategy.
Hi eddiebowes6137, within EA Studio and FSB Pro, in the Premium Data, there is historical data on several indices. You can use this data to create strategies for these markets. In addition, you can import historical data fro your broker on any indices they offer into EA Studio and FSB Pro, and create strategies using that too, as long as the broker offers CFD trading on indices.
Can i use the EA for mobile trading robot ?
Unfortunately not. You need a PC, laptop or VPS to trade with robots on Metatrader
Guys, this is just called CURVE FITTING. It will not produce robust strategies. You see how the “data start” is 2007-09-10 and the “data end” is 2023-09-15. This leaves no out-of-sample data! AT THE VERY LEAST, you want to lhave the strategy generator run from, for example, 2007-01-01 until 2016-12-31 (10 years is plenty of data for in-sample), then take the code that it produces, put it into MT4/MT5, and then run a backtest on 2017-2023 and see if it still produces an upwards-sloping equity curve on data which is hasn’t seen. I would bet almost all the money I own that it will not.
Hi seanissomething, I just touched on the basic options in this short video. When setting up the Generator, there are options for Complete Backtest, In Sample and Out of Sample, in each of which you can select hundreds of parameters, including the percentage of each and all metrics that you want calculated. Also, you will only see backtest results based on the historical data you're using
Hello Petko, how to run the EA on the specific time like on London and Newyork sessions?
Hi dineshkumarkunapuram6453, when creating or generating the EAs using EA Studio, you can select session times, including closing the trade at the end of a session or on a Friday. This will generate strategies with those parameters taken into account. This will then be coded into the strategy / EA.
@@PetkoAleksandrovCan you create a strategy that avoids red folder news?
When will you download king robot 👑 and will you download for free or for a fee?
Hi mohamedaliferchichi6887, I have already downloaded and installed it. I have several videos on this EA. (ua-cam.com/video/sS1KlQO7JZM/v-deo.html, ua-cam.com/video/RStkveW97Ns/v-deo.html, ua-cam.com/video/KARbrizWgKs/v-deo.html). I have bought it, as there isn't a free version available, however, it does come with a 30 day money back guarantee.
Does an EA’s algorithm continue working with trades left running over the weekend
Hi SiphoBhiya.Online, markets are closed over the weekend, so there is no movement with the asset, which means nothing will happen. If yo have a trade that is open over the weekend, as soon as markets opens again, the EA will look for it's exit signal, and close the trade when the rules of the strategy dictate it to. The EA is not made up of an algorithm, but rather indicators and parameters of them.
@@PetkoAleksandrov thank you for the clarity
Can we produce martingale strategies?
Hi larrybobis5059, not with EA Studio, but you can using FSB Pro, a similar program by the same developer. It also has a free 15 day trial available. Check it out here: eatradingacademy.com/software/forex-strategy-builder-professional/
Hello hope you are doing good. Just watched your channel video and subscribed it. Do you have EA (that you think is better) to test in my account that is free to download. I hd gone thru your video list it is very long ... Your suggested EA will save my time...
Thanks for the video ... Hope to see you soon with next video👍
Enjoy your day ☺️
Hi bhagatkalra5822, as you correctly say, we have hundreds of free EAs. All EAs will go through profitable and unprofitable periods, so the idea is to put many on a demo account, link it to a website like FXBlue, and monitor their performance. It also depends on the asset you'll be trading, but to start, try these 3 EA that are attached to the video I recently posted: ua-cam.com/video/LRHHYz26YXg/v-deo.html.
But download several more to see which would be best suited for your trading style and objectives.
@@PetkoAleksandrov Thank you very much. I will go thru the said video and give my feedback from my Analysis. Hopeing to see you in your session LIVE some day. Have a nice weekend👍
Thank-you☺️
Sorry Sir Can You Show Us How to Create Mobile Forex Robot
Hi luyanda5, you cannot trade with EAs on the mobile MT platforms. You'll need a PC/laptop or a VPS with the desktop versions running in order to install and use EAs
Are you rich? And did you make your riches off of your self created robots?
Hi botlhokwamaluleka, trading with EAs and teaching others how to is what I do full time. Rich is a relative term, and quite personal.