General trading articles
Introduction to Trading Robots In a world where markets never sleep, spending your days in front of a screen has become a high-level sport. Fortunately for us, machines don't need coffee to stay awake! Trading robots (or Expert Advisors, EAs) are software programs that automate the execution […]
Trading robots, programs that execute trading strategies on your behalf, are the stuff of dreams for many individual investors. They are presented as miracle tools, capable of generating passive income while you sleep. But between marketing promises and market reality, confusion reigns. Why do some robots fail while others survive?
Difference between a good and a bad trading robot The automation of trading strategies has revolutionized the financial markets. On MetaTrader 5 (MT5), traders can create or purchase Expert Advisors (EAs) capable of opening and managing positions without human intervention. But not all trading robots are created equal. A good
Ideal risk parameters for an FTMO robot on MT5 Passing an FTMO challenge automatically is not a matter of luck but of risk management. An MT5 trading robot (EA) can remove a lot of emotion, but it cannot circumvent the rules of prop firms: 5% daily drawdown, total drawdown of
How to succeed at FTMO with an MT5 robot: Complete method and suggested settings Introduction: A demanding challenge Passing an FTMO challenge is a step that many traders dread. The objectives are clear: Achieve a certain performance (often +10% in the first phase, +5% in the second) while adhering to strict loss limits. The Maximum
