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FTMO - For serious traders

  • #5,321
  • Jan 18, 2021 8:08pm Jan 18, 2021 8:08pm
Quoting NewTrader000
Technical Analysis today: EBAY {image} Resistance: 53.50/55.50/57.50… Support: 51.50/49.50
Trade idea: Go long at the support zones.
And...

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Achieved Resistance 2 @55.50 so far...
  • #5,322
  • Jan 18, 2021 9:18pm Jan 18, 2021 9:18pm
Quoting NewTrader000
{quote} And... {image} Achieved Resistance 2 @55.50 so far...
Why is this in the FTMO thread? Relevance please?
  • #5,323
  • Jan 18, 2021 10:32pm Jan 18, 2021 10:32pm
Quoting pipmaster77
{quote} Why is this in the FTMO thread? Relevance please?
Technical analysis for reference.

Hope that helps.
  • #5,324
  • Jan 19, 2021 12:39am Jan 19, 2021 12:39am
i find the most challenging thing in the ftmo account to be NOT TO TRADE ON RESTRICTED EVENTS.

since i never used to check about news, never cared about them nor do i care now.

een lucky till now but need to get my mind in place to chacke for news every day.... dammit.

+2% on real acc in 4 days (200k), see how that goes
offering my system to copy trade. check my link
  • #5,325
  • Jan 19, 2021 12:40am Jan 19, 2021 12:40am
Quoting NewTrader000
{quote} Technical analysis for reference. Hope that helps.
No it does not. Keep that shoddy unrelated analysis off this thread and go show it off else where.
  • #5,326
  • Jan 19, 2021 7:34am Jan 19, 2021 7:34am
Quoting pipmaster77
{quote} I personally don't believe this to be the case. However, to be honest, I really don't care what their business model is. My business model is to get paid from 3-4 different prop firms managing more money than I ever could on my own without the risk. As long as they are paying according to their contract, why should anyone care how they do it? I just don't get why people come in here, either whine about the rules, try to figure out their business model, etc, etc. The way I see the forex business as it is today, there are two options: 1. Risk...
This is all about says it all. Why people come here to whine is beyond my imagination. I got paid over 4000 dollars plus the reimbursement of my challenge fee AND HONESTLY THAT IS ALL I CARE ABOUT. I dont care if they make gazillion other dollars .I just make what i can make,WHICH THEY DO PAY.I pretty much understand their business model and am looking at implementing it for myself!!!!
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  • #5,327
  • Jan 19, 2021 8:10am Jan 19, 2021 8:10am
Quoting navk
I spoke with FTMO. They clarified all payments are normal, and being processed as usual. The ones who complained here, I spoke about that in particular. It seems, it is fabricated. They said, any doubts, need to get clarified thro chat service or support@FTMO. And for those who want to redo challenge, or fresh challenge can do, in my opinion. I am still in my challenge, going on, finishing date 30 th Jan. Hopefully, I shall finish my challenge this time. Good luck guys.
They are wrong. Mine was not a fabricated complaint.Only that i was a little too impatient to get my first cut and all that working days jargon did not seat well with my impatient soul. Lols!!! Got paid according as the system was programmed. See my payment certificate.
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  • #5,328
  • Jan 19, 2021 8:15am Jan 19, 2021 8:15am
Quoting slappymove
{quote} Then what's the point requesting for other people's proof of withdrawal/payout if you still focus on that one guy with issues? Think about it in %. How many people you saw paid by FTMO? 19? Good. How many with issues? 1? Okay what's the probability they would pay you? 95%. Have they fixed the issue with that one guy? If yes, then that's 100% payout then, it's just that there are times payout doesn't go smoothly as we want. There are lots of review websites showing both good and bad reviews. If you are not convinced with the reviews then...
Yeah they have fixed the one guy,me. So i guess we gotta give FTMO the 100%.!!!!!!!
  • #5,329
  • Jan 19, 2021 9:29pm Jan 19, 2021 9:29pm
Hello friends,

It seems that the economic calendar on the FTMO website has the wrong times. I already notified the support team.


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  • #5,330
  • Jan 20, 2021 4:23am Jan 20, 2021 4:23am
[quote=Tomas-ftmo;13364821] [In most cases, the spreads on most instruments will be much tighter and in spite of the new commissions added, the overall trading conditions should be better than the industry-standard.] For the DAX instrument the conditions worsened quite significantly due to the fact that the spread for DE30 was 0.90 eur and for GER30.cash is 0.70 eur + the commission 0.56 is a total of 1.26 eur, in the industry, for example, the Ticmill broker is 0.80 eur spread without commission, so the conditions at FTMO were a bit worse and worsened even more
  • #5,331
  • Jan 20, 2021 5:49am Jan 20, 2021 5:49am
n00b here with lazy question.

MT4, both for TA, and for executing orders, is fkn terrible, compared with virtually any other brokerage or 3rd party platform.

I currently use MotiveWave, albeit getting data from a broker different to the one I trade on. MotiveWave is an awesome charting/trading platform, the best I ever come across, period, but charting with data that doesn't quite match my brokers data, is problematic.

Does FTMO offer APIs to 3rd party trading platforms (I notice it uses various brokers and I know that LMAX do offer API's to corporate clients (of which surely FTMO is one)?

If not, how is CTrader? I like 3 screens, each panel with 7 tabs of the same symbol across multiple time frames, with each of the tabs with 4 separate sub-tab linked analysis panels, as shown in attachment. Can it do stuff like that?
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  • #5,332
  • Jan 20, 2021 5:58am Jan 20, 2021 5:58am
Quoting MatDerKater
n00b here with lazy question. MT4, both for TA, and for executing orders, is fkn terrible, compared with virtually any other brokerage or 3rd party platform. I currently use MotiveWave, albeit getting data from a broker different to the one I trade on. MotiveWave is an awesome charting/trading platform, the best I ever come across, period, but charting with data that doesn't quite match my brokers data, is problematic. Does FTMO offer APIs to 3rd party trading platforms (I notice it uses various brokers and I know that LMAX do offer API's to corporate...
you can make a demo account at any broker that has ctrader and you will see for yourself, but i use ctrader and you can do pretty much everything with it, it even has renko charts included in it
  • #5,333
  • Jan 20, 2021 7:53am Jan 20, 2021 7:53am
for all the new comers here i think u should read this
https://ftmo.com/en/scam-alert/

Quoting MatDerKater
n00b here with lazy question. MT4, both for TA, and for executing orders, is fkn terrible, compared with virtually any other brokerage or 3rd party platform. I currently use MotiveWave, albeit getting data from a broker different to the one I trade on. MotiveWave is an awesome charting/trading platform, the best I ever come across, period, but charting with data that doesn't quite match my brokers data, is problematic. Does FTMO offer APIs to 3rd party trading platforms (I notice it uses various brokers and I know that LMAX do offer API's to corporate...

this is the only chart i use and i only trade 3 pairs. i do get almost 1% / day on funded. indicators are only usefull if you cannot limit yourself, otherwise, apart from 1-2 averages i find them useless
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offering my system to copy trade. check my link
  • #5,334
  • Edited 8:46am Jan 20, 2021 8:17am | Edited 8:46am
Quoting nikosk0
. this is the only chart i use and i only trade 3 pairs. i do get almost 1% / day on funded. indicators are only usefull if you cannot limit yourself, otherwise, apart from 1-2 averages i find them useless {image}
Good for you that you can sit and consistently trade forex with nothing more than a plain old price chart.

Me, I like to identify levels using multiple Fib extension/retracements/projections, TLs, Horizontal support/Resistance levels. I like Pivot Points, both as levels and to indicate trend, and I like momentum oscillators to identify strength or weaknesses of trend, useful in both deciding whether to take a trade in a given direction, and to provide some confirmation signal that the market is showing signs of going in my direction......oh yes, and multi-timeframe analysis is a must......

......all that, requires multiple screens, multiple tabs, and has to be very well organised, easy and clear on the eye, and comfortable to use.
  • #5,335
  • Jan 20, 2021 12:43pm Jan 20, 2021 12:43pm
Hi Thomas,

I have done a few free trials with FTMO. Please see the result of my latest one using an HFT EA. However, when I tried the EA on an actual FTMO challenge, it did not work. Most days ended in a loss. I thought the conditions of your free trials were supposed to replicate your challenge/verification accounts?

Since FTMO are looking to profit from traders doing well, you will agree it would be mutually beneficial to have this EA working to its potential. So why can’t I get the same results as when trading on your free trial account?

I am willing to let you try out the EA to see if we can get it to work but I am unable to share the source code, as I’m sure you will understand. Are you willing to work with me on this? And if yes, how do we proceed? Thanks.
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  • #5,336
  • Edited 2:58am Jan 21, 2021 1:11am | Edited 2:58am
Quoting ia1979
Hi Thomas, I have done a few free trials with FTMO. Please see the result of my latest one using an HFT EA. However, when I tried the EA on an actual FTMO challenge, it did not work. Most days ended in a loss. I thought the conditions of your free trials were supposed to replicate your challenge/verification accounts? Since FTMO are looking to profit from traders doing well, you will agree it would be mutually beneficial to have this EA working to its potential. So why can’t I get the same results as when trading on your free trial account? I am...

Lol man, it baffles me to see people reason this way.. So entitled. FTMO supposedly has thousands of profitable traders who have passed the challenge by themselves and are making them money without FTMO's help but for some reason, you want them to dedicate their time to to see if they can "get your EA to work to it's potential".
Isn't that your job as the trader? They provide the funds and you still want them to "help" your EA pass the challenge that they themselves set up?
Many traders pass the Trials only to fall short on the actual challenge, it could be due to change in market cycle or conditions at the time of challenge depending on if their EA or systems perform better during ranging or trending markets or just something else. Go figure it out and make necessary adjustments.
  • #5,337
  • Jan 21, 2021 2:47am Jan 21, 2021 2:47am
I assume its the aggressive trial challenge or something. And he made $53,000 not $3,146 that means he doubled the account in 5 days.
  • #5,338
  • Jan 21, 2021 2:57am Jan 21, 2021 2:57am
Quoting Rayder4Life
I assume its the aggressive trial challenge or something. And he made $53,000 not $3,146 that means he doubled the account in 5 days.
Oh damn, my mistake, let me edit that out, Also never noticed that the aggressive option was available on trial.

Lol what an EA, over 100% profit in 5 days..
  • #5,339
  • Jan 21, 2021 4:19am Jan 21, 2021 4:19am
Quoting Koop
{quote} Oh damn, my mistake, let me edit that out, Also never noticed that the aggressive option was available on trial. Lol what an EA, over 100% profit in 5 days..
I guessed the same way it will blow the account in less than 10 days when the market condition changed.

This kind of EA is good for private use only. Just plug it with $500 account and become millionaire in less 6 months
  • #5,340
  • Jan 21, 2021 4:33am Jan 21, 2021 4:33am
Quoting ia1979
Hi Thomas, I have done a few free trials with FTMO. Please see the result of my latest one using an HFT EA. However, when I tried the EA on an actual FTMO challenge, it did not work. Most days ended in a loss. I thought the conditions of your free trials were supposed to replicate your challenge/verification accounts? Since FTMO are looking to profit from traders doing well, you will agree it would be mutually beneficial to have this EA working to its potential. So why can’t I get the same results as when trading on your free trial account? I am...

Have you used this your wonderful EA on a live account before?
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