i think ive watched like 90% of your videos. thanks for always sharing EAs. i'm one month fresh in forex trading, im still studying and you're like a teacher to me.
the 7 consecutive candle robot has been traded for 4 days on 1000 usd demo account. RESULTS: - GBPAUD SL hit -13.66 - GBPAUD TP 0.94 - NZDCAD TP 1.12 - GBPAUD TP 0.95 Still in the hole for 10.65 usd. Still Friday to go. Let's see how it does
When u come to figure of 100 pips Sl for just 10 pips tp it's a no go. That meas that you need to have 11 consecutive trades to break even jus tone SL. Doesn't make any sense.
Hi @MrHawelock, as you see, the strategy hasn't hit SL since the backtesting began. Although the SL is 10 times higher than the TP, it gives room for the price to move significantly and retrace back to TP should it need to
Yes - you're only making 0.1R, and it's a low frequency trade. Costs and the occasional loss will eat up the rest. Even with 10 wins and no losses you're making less an 1% profit on your account @1% risk.
Hi lennybreyt, when we create the EAs in EA Studio or FSB Pro, the backtest gets done automatically. Or, you can use the Strategy Tester which is built into MT4 and MT5
H arinnfc, I don't have a specific technique. I trade EAs that either I have created, using EA Studio or FSB Pro with historical data, or 3rd party EAs. The actual system is less important than the backtest results.
Hello arthursoesman, I haven't checked it for some time now, but run a backtest with your chosen broker, and see what the results would have been over a time period. With scalping especially, the spreads are super important.
Hi, Thanks for the Scalping Bot. I have installed on a trial account and set up as per your instructions. It is all connected. But i dont see any trades being placed or any errors as well. Please let me know if there are any changes to me made.
Hey Petko! Testing the bot at the moment and it opened first two trades today for me, but in the wrong direction! Doesn't seem like we can change it in the settings. Maybe thats why people have gotten bad results in the comments?
Hi harrapukspuu, there is no wrong direction. The strategy has entry rules for both long and short trades, and when those rules are met, trades will open in the direction dictated. When installing the EA onto your chart, you can select whether you want the EA to open long, short, or trades in both directions. By default, it's both.
@@PetkoAleksandrov Thanks for replying! My question was a little bit more specific, but I see that it might have been confusing from the way I wrote it. So let me write it more precisely. I understand from the video that the strategy needs 7 consecutive candles in one direction to open a trade in another direction. Am I right? If thats correct for every pair then for GBPAUD it opened the trade in a wrong direction. So after 7 consecutive candles it opened the trade in the same direction as the candles, not the opposite side. That was my question. In the future I try to be more clear to not sound like a beginner who just doesnt know how to follow instructions on how to use the bot. Thanks again for replying and let me know if GBPAUD should work like that or not.
Same observation. In the video Petko said after 7consecutive bullish candles, the EA will open short position. But instead it open long position in my demo acct.
Y'all should always apply proper RM, i guess most of y'all here are newbies in forex, if you don't understand basic manual knowledge in trading, you're a Jockey. You should use 0.01 lots on an EA, no holy grail, proper RM is what hold you down in the long run
Hello sir do you create robots ? Like I want to order a robot base on supply and demand strategy with liquidity .imbalance. inflaction . Market structure
Hi animeplanet9315, we create robots using EA Studio and FSB Pro. These packages use standard MT indicators, and not custom indicators, as these tend to give errors.
Hi Petko! Thank you for this. During my test on demo, I notice that after 7 bullish candle, instead of taking a short trade, it open long trade. Please help
Hi ericNmay, it could be that the EA got some kind of a different signal from the broker's server or platform. I would suggest running a backtest over the last month or 2, then analyze the results and see if it happened before in the past. If it has, run the same test with a different broker and see if the results are the same. If not, you know the issue lies with the broker
Hi ericNmay, let me look into this and come back to you. Please, if you can, send me some screenshots and your account exported journal to get a better idea.
Hey I’m interested in one of your products on your website. I’m trying to contact you as I have some questions but your email at the bottom of the website doesn’t work. Please fix
Hi trevorblac4943, no EA can guarantee a return. They all go through profitable and unprofitable periods. The goal is to be profitable on the long term. That is why it is best to trade many EAs on a demo account and select those that are profitable in current market conditions.
Hi alizaid7396, please ensure you have enabled auto trading before putting the EA on your chart. If you have followed all of the steps, the EA will trade as soon as market conditions are right and the rules of the strategy have been met.
Hi MrFreddyFX, A pip, or “percentage in point”, is the basic unit of measurement of price differences, while a point is the minimum amount of price change. For example, The difference between 1.23234 and 1.23244 is 1 Pip. The difference between 1.23234 and 1.23237 is 3 Points. A pip relates to movement in the fourth decimal place while a pipette is used to measure movement in the fifth decimal place. A pipette is a 'fractional pip' as it equals a tenth of a pip.
@user-oi6ni2sy1q, this is only if SL is hit, which as you've seen, it hasn't. Also, having a SL much larger than TP gives the strategy time to recover and retrace should things go against you.
Hi @Kingamos2012, this is only if SL is hit, which as you've seen, it hasn't. Also, having a SL much larger than TP gives the strategy time to recover and retrace should things go against you
Hi astronautdali5315, the choice to use the robots is yours. I have shown my results. I've also explained that all EAs will go through profitable and unprofitable periods. The idea is to keep them in a demo account, monitor their performance, and use only those that are currently profitable in prevailing market conditions
All that EA you put here on this video really doesn't work, what are these jokes? What does that mean, only a number of watching or clicking, be serious, we not need theatre !!!!
Hi stanakromi5825, I always provide links to the real results, verified on MyFXBook. But, as I have said many times, no EA can be profitable all the time. The reason we trade with many EAs in our demo account, is so that we can select only those that are profitable in current market conditions, removing those that are not. If you run a backtest over a few years, you'll see that the EA is in fact profitable overall, but not all the time, due to market conditions.
i think ive watched like 90% of your videos. thanks for always sharing EAs. i'm one month fresh in forex trading, im still studying and you're like a teacher to me.
@PetkoAIeksandrov thanks petko. i dont have whats app but i will install it on my smart phone to reach you😇😊
Hi @aeger222, you can reach us via email, it's in the description
Also 90% are click bait.
@@lineage13yes lmao
the 7 consecutive candle robot has been traded for 4 days on 1000 usd demo account. RESULTS:
- GBPAUD SL hit -13.66
- GBPAUD TP 0.94
- NZDCAD TP 1.12
- GBPAUD TP 0.95
Still in the hole for 10.65 usd. Still Friday to go. Let's see how it does
Hi bro. What broker did you use to trade a 1000 usd demo account in mt4/mt5? Ty for ur response
When u come to figure of 100 pips Sl for just 10 pips tp it's a no go. That meas that you need to have 11 consecutive trades to break even jus tone SL. Doesn't make any sense.
Hi @MrHawelock, as you see, the strategy hasn't hit SL since the backtesting began. Although the SL is 10 times higher than the TP, it gives room for the price to move significantly and retrace back to TP should it need to
1:10😮
@PetkoAleksandrov nah bro that's a terrible strategy
Yes - you're only making 0.1R, and it's a low frequency trade. Costs and the occasional loss will eat up the rest. Even with 10 wins and no losses you're making less an 1% profit on your account @1% risk.
here is my review from my back test in a depost of 1000. I incurred a loss of -922.17.
Oh wow. Then it’s not good
Yes i too tested all pairs it always ended in losses
Video is built for getting views.. Waste of time
😂😂😂😂
@wmdigital3326 Can you share how you backtest the EAs. Which model you used and period?
With 3 candles you could flip it around w/ 10 pip sl and 100 pip tp
Hi @12pagni, you could do this with MetaEditor, and run a backtest to see the results.
Has anything changed about the EA or why was the video re-released? Saw the video yesterday or the day before...
Hi sir Petko,thank you for loving us...for sharing your knowledge...GOD bless u always....no1 fans here💓💓💓
My pleasure
This is a repost. How come you took it down?
Take a good look at the test with 3 candles instead of 7. Reverse the buy and sell and it becomes an extremely profitable ea!
Petro, thank you very much for sharing the strategy.
What is the website that you are using to backtest your strategy?
Thank you
Hi lennybreyt, when we create the EAs in EA Studio or FSB Pro, the backtest gets done automatically. Or, you can use the Strategy Tester which is built into MT4 and MT5
What technique do you use? I use the UFO technique taught in my community.
H arinnfc, I don't have a specific technique. I trade EAs that either I have created, using EA Studio or FSB Pro with historical data, or 3rd party EAs. The actual system is less important than the backtest results.
hey petko i was wondering which of your EA udemy courses are your latest/new?
Hi JesseBusiness, the latestst is the FTMO Masterclass. Here is a link to grab it with a 90% discount: eatradingacademy.com/s/JqTnm/qr
Amazing! its very inspiring bro. Please suggest if someone want to trade from India. It would be very helpful
I want to trade from India
Hi Petko. Any updates for this robot? Appreciate your response. Tq
No updates. This is a strategy I found by chance when looking through a number of EAs created in EA Studio. I haven't tried to tweak it.
hello brother so what are the results of the nine EA'S? good performance or not?
Hello arthursoesman, I haven't checked it for some time now, but run a backtest with your chosen broker, and see what the results would have been over a time period. With scalping especially, the spreads are super important.
Hi, Thanks for the Scalping Bot. I have installed on a trial account and set up as per your instructions. It is all connected. But i dont see any trades being placed or any errors as well. Please let me know if there are any changes to me made.
Hey user-wk6zz6jo1h, no changes needed. When market conditions are right, the EA will open trades based on the conditions and rules of the strategy.
Hey Petko! Testing the bot at the moment and it opened first two trades today for me, but in the wrong direction! Doesn't seem like we can change it in the settings. Maybe thats why people have gotten bad results in the comments?
At the least for GBPAUD it opened in the wrong direction. Other pairs havent open any trades yet.
Hi harrapukspuu, there is no wrong direction. The strategy has entry rules for both long and short trades, and when those rules are met, trades will open in the direction dictated. When installing the EA onto your chart, you can select whether you want the EA to open long, short, or trades in both directions. By default, it's both.
@@PetkoAleksandrov Thanks for replying! My question was a little bit more specific, but I see that it might have been confusing from the way I wrote it. So let me write it more precisely. I understand from the video that the strategy needs 7 consecutive candles in one direction to open a trade in another direction. Am I right? If thats correct for every pair then for GBPAUD it opened the trade in a wrong direction. So after 7 consecutive candles it opened the trade in the same direction as the candles, not the opposite side. That was my question. In the future I try to be more clear to not sound like a beginner who just doesnt know how to follow instructions on how to use the bot. Thanks again for replying and let me know if GBPAUD should work like that or not.
Same observation. In the video Petko said after 7consecutive bullish candles, the EA will open short position. But instead it open long position in my demo acct.
I enjoyed watching your video, theres always something to learn.
Glad you enjoyed it
great channel and best content
It was not no loss robot.. I tested it for june 2023..18 Trades 2 profits and 16 losses
few trades places too much emphasis on the trades...spreading the risk over many trades in a decent strategy is always a winning way to go.
reposted?
that's what I thought also..
Hi bogdanrus4493, not a repost. This is a new strategy, and new EA I created
Y'all should always apply proper RM, i guess most of y'all here are newbies in forex, if you don't understand basic manual knowledge in trading, you're a Jockey.
You should use 0.01 lots on an EA, no holy grail, proper RM is what hold you down in the long run
Hello sir do you create robots ? Like I want to order a robot base on supply and demand strategy with liquidity .imbalance. inflaction . Market structure
Hi animeplanet9315, we create robots using EA Studio and FSB Pro. These packages use standard MT indicators, and not custom indicators, as these tend to give errors.
Hi Petko! Thank you for this. During my test on demo, I notice that after 7 bullish candle, instead of taking a short trade, it open long trade. Please help
Hi ericNmay, it could be that the EA got some kind of a different signal from the broker's server or platform. I would suggest running a backtest over the last month or 2, then analyze the results and see if it happened before in the past. If it has, run the same test with a different broker and see if the results are the same. If not, you know the issue lies with the broker
Just in case there is a problem with the broker, what can we do then? Because this happened in 2 demo acct with different broker.
Just now I tested it with the third broker, same result . After 7consecutive bullish candle, it open long position.
Hi ericNmay, let me look into this and come back to you. Please, if you can, send me some screenshots and your account exported journal to get a better idea.
@@PetkoAleksandrov I got your email already, I am the one who send you email. Thank you for your reply. I will try this EA again this Monday.
Where should I find the link for robots, can someone help me?
Hi mirsadadzemovic4105, the link to robots is always in the description below the video.
@@PetkoAleksandrov I installed but SL is 1000 points long and TP 500 points, I don't know where I made mistakes
Many tnx mate :)
Setfile changed test results is not shown
Can share the ea at here because i can't open it
Please use the link in the description. It is not possible to add attachments in a comment in this section
How to download this EA please ?
Hi alainrivier7015, the link to the free robot is in the description below the video.
Hey I’m interested in one of your products on your website. I’m trying to contact you as I have some questions but your email at the bottom of the website doesn’t work. Please fix
Hi AA-vo4ev, you can reach us at info@eatradingacademy.com
Can your studio have feature of max trade per day ???
Hi tradewithmd1858, no. As long as the rules of the strategy are met, the EAs will continue to open trades.
Am really only looking for an ea that can make 40 daily any suggestions
Hi trevorblac4943, no EA can guarantee a return. They all go through profitable and unprofitable periods. The goal is to be profitable on the long term. That is why it is best to trade many EAs on a demo account and select those that are profitable in current market conditions.
Dear
I have followed steps but it didn't start trading please advise
Hi alizaid7396, please ensure you have enabled auto trading before putting the EA on your chart. If you have followed all of the steps, the EA will trade as soon as market conditions are right and the rules of the strategy have been met.
Nice1! Man
can i use this for a 100 dollar account?
One trade can blow your account. If it goes down 100 pips lol. Don’t reply the scammer above
Hi wmdigital3326, you'll need to be trading with an ECN account, a broker that has very low spreads, close to zero or zero, and very small lot sizes
EURCHF was left on 1H TF instead of 1M
why are you talking about PIPS , whne it should be POINTS or PIPPETS ???
Hi MrFreddyFX, A pip, or “percentage in point”, is the basic unit of measurement of price differences, while a point is the minimum amount of price change. For example, The difference between 1.23234 and 1.23244 is 1 Pip. The difference between 1.23234 and 1.23237 is 3 Points. A pip relates to movement in the fourth decimal place while a pipette is used to measure movement in the fifth decimal place. A pipette is a 'fractional pip' as it equals a tenth of a pip.
Its going to be a thrill 😅 lets see ❤
Hi user-ul6rq4on2f, thanks for the comment! Stay tuned and don't forget to subscribe.
The link is not working
Our website was undergoing maintenance yesterday, but all is back up now
Loosing 100 pips to make 10 pips! How smart!
I was wondering who does that? 100 for 10 lol😂. And it opens once in a while too.
@user-oi6ni2sy1q, this is only if SL is hit, which as you've seen, it hasn't. Also, having a SL much larger than TP gives the strategy time to recover and retrace should things go against you.
I like your EAs but this one doesn’t add up. I should game with 100 to get 10.? No way
Hi @Kingamos2012, this is only if SL is hit, which as you've seen, it hasn't. Also, having a SL much larger than TP gives the strategy time to recover and retrace should things go against you
Bogus... 1 loss = 10 win 🤣
Hi sabyasachinag5631, not really. By having a much larger SL, you give the markets time to recover and go in your favour without hitting SL
Robots which you share , not working at all nothing at use from that,
Hi astronautdali5315, the choice to use the robots is yours. I have shown my results. I've also explained that all EAs will go through profitable and unprofitable periods. The idea is to keep them in a demo account, monitor their performance, and use only those that are currently profitable in prevailing market conditions
There is no 100% profitable strategy!
All that EA you put here on this video really doesn't work, what are these jokes? What does that mean, only a number of watching or clicking, be serious, we not need theatre !!!!
Hi stanakromi5825, I always provide links to the real results, verified on MyFXBook. But, as I have said many times, no EA can be profitable all the time. The reason we trade with many EAs in our demo account, is so that we can select only those that are profitable in current market conditions, removing those that are not. If you run a backtest over a few years, you'll see that the EA is in fact profitable overall, but not all the time, due to market conditions.
Reposted ?
Hi abdoutech9252, not a repost. This is a new strategy, and new EA I created