Prop Farmers EA
480 USD
Versione demo scaricata:
678
Pubblicato:
19 ottobre 2023
Versione attuale:
999.41
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Hey, I just bought the strategy and I'm looking forward to testing it! Could strict TP and SL settings be added please?
yes i will write that down and put it on my desk! thanks for purchasing the Prop Masters EA! Dont hesitate to ask any questions in the DM and if you need any optimizations done to the EA for your broker or any other reason please reach out to me! i plan on updating the version if Prop Masters EA in the very near future! :)
For now I am having no issue and the bot does what it is programmed to do, which is winning the hell out of this game!
But the protection part is really important and I am struggling to understand how to tweak the parameters to make them perfect. For instance I left all zeros all the way down and I don't know if it's a good idea, I need some help to figure this out on your bot Michael, I hope you can help me out,
Thank you in advance,
Stef
For now I am having no issue and the bot does what it is programmed to do, which is winning the hell out of this game!
But the protection part is really important and I am struggling to understand how to tweak the parameters to make them perfect. For instance I left all zeros all the way down and I don't know if it's a good idea, I need some help to figure this out on your bot Michael, I hope you can help me out,
Thank you in advance,
Stef
yes that is the default the EA is optimized with i optimize them all internally with the individual strategies one by one so you dont have to worry about any optimization you can however set the max spread protection between 1 and 10 to eliminate volatile entries in whipsaw markets and during market shifts. you also can limit the number of open positions to control risk and lower exposure. i find between 1 and 10 positions opened with spread protection to 10 can give you a good buffer against DD and bad trade entries. do not change the other parameters as i have found it to be not as effective against DD and harsh markets compared to lowering trade volume, lowering positions allowed, and setting spread protection between 1 and 10 to get the most precise entries. yes doing this will lower the amount of trades and Make them more infrequent but the quality Of the trades that are placed are of a higher quality with better accuracy And a higher chance of success I hope this helps I am doing my best to answer everybody's questions as fast as possible thank you for taking the time to leave feedback in the comments section now everybody will have this information
yes that is the default the EA is optimized with i optimize them all internally with the individual strategies one by one so you dont have to worry about any optimization you can however set the max spread protection between 1 and 10 to eliminate volatile entries in whipsaw markets and during market shifts. you also can limit the number of open positions to control risk and lower exposure. i find between 1 and 10 positions opened with spread protection to 10 can give you a good buffer against DD and bad trade entries. do not change the other parameters as i have found it to be not as effective against DD and harsh markets compared to lowering trade volume, lowering positions allowed, and setting spread protection between 1 and 10 to get the most precise entries. yes doing this will lower the amount of trades and Make them more infrequent but the quality Of the trades that are placed are of a higher quality with better accuracy And a higher chance of success I hope this helps I am doing my best to answer everybody's questions as fast as possible thank you for taking the time to leave feedback in the comments section now everybody will have this information
Yes this helps me out tremendously, as I am new to this and every bit of info is helpful, especially if it comes from a professional. This community is extraordinary and also your product. Right now I am in a loss with the bot but I am going to set the parameters as you suggested and will let you know. Thank you for taking the time for me I really appreciated it! Have a great evening ! :)
Stef
back testing using the original settings prior to update using 1 lot produced about $75,000.00 profit in 2023 so far but now back testing only shows $4500.00 only 7 Trades in a year and if you turn show indicators off it does 0 trades
sent you a pm also
Hi i just updated now its not doing many trades at all
back testing using the original settings prior to update using 1 lot produced about $75,000.00 profit in 2023 so far but now back testing only shows $4500.00 only 7 Trades in a year and if you turn show indicators off it does 0 trades
sent you a pm also
update it again i just uploaded a fixed update. sorry for the confusion. its now the same great EA with additional risk methods and strategy tester capabilities. i also worked in 10 all new strategies on a 5K you should be pulling 1 million dollars with 1:100 leverage this year alone using the RISK PERCENTAGE WITH STOPLOSS METHOD
update it again i just uploaded a fixed update. sorry for the confusion. its now the same great EA with additional risk methods and strategy tester capabilities. i also worked in 10 all new strategies on a 5K you should be pulling 1 million dollars with 1:100 leverage this year alone using the RISK PERCENTAGE WITH STOPLOSS METHOD
ok no new update showing yet i will look again shortly
Hi Mike, pls dm me. What are the set files for 10k and 50k prop. I do not want aggressive settings. How to put a stop loss on each trade?
stop losses are optimized in every trade for the Prop Farmers to fit the algo here are the sets!
PROP FARMERS SET FILES
DISREGARD THESE SETS USE THE PROP FIRM SET FILES BELOW!!!
Hi Michael
Do you have plans to provide some customization (parameters the user can change to make the EA trade in a unique way)?
This is necessary to use this EA in prop firm challenges and funded accounts.
I bought this EA to use it with prop firms, but I cannot use it as it is because it will generate the exact same trades as any other trader using this EA on the same prop firm.
Hi Michael
Do you have plans to provide some customization (parameters the user can change to make the EA trade in a unique way)?
This is necessary to use this EA in prop firm challenges and funded accounts.
I bought this EA to use it with prop firms, but I cannot use it as it is because it will generate the exact same trades as any other trader using this EA on the same prop firm.
Just to add to this, Michael, it is better to sacrifice a bit of performance (as one tweaks the parameters) if by doing so one significantly reduces or eliminates the chances of losing the prop challenge/funded account due to infringement of copy-trading rules.
I paid but I can't set you please give me MT5 file
yes will send to you in 10 mins when i get to my desk :)
Just to add to this, Michael, it is better to sacrifice a bit of performance (as one tweaks the parameters) if by doing so one significantly reduces or eliminates the chances of losing the prop challenge/funded account due to infringement of copy-trading rules.
Hi again, Michael,
It seems my question is not important enough for you to deserve a reply.
Please Michael. This EA is named "Prop Farmers" but as it is at the moment it cannot be used in Prop challenges or funded accounts, and you must surely be aware of this.
In case you are not aware, prop firms have rules that will detect identical trades from different traders and those traders will most likely lose their accounts.
This EA, at the moment, is not customizable and will generate the same trades for everyone using it.
This is a serious issue for an EA intended for prop firm use and would deserve a bad review. I have not given a bad review because I believe you are hard working and honest, but please at least give some reply.
If you are planning to add customization parameters please let us know.
If you are not planning to add them, please explain why not and concede that, in fact, this EA is not to be used with prop firms.