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FTMO - For serious traders

  • #7,501
  • Apr 25, 2021 11:26am Apr 25, 2021 11:26am
Quoting ForexGalVA
Just paid for the 100k challenge. I will start on Tuesday as long as I'm set up by Monday afternoon. Does anyone recommend a small news indi to put ON my chart? I know that FTMO has the news events listed on their website. Forgetting the news is not usually a problem. I just don't want to screw up. Thanks.
Otakar,
can you have programmers write an indi that warns of just FTMO's prohibited news? It would pay for itself very quickly, no doubt.
  • #7,502
  • Apr 25, 2021 11:39am Apr 25, 2021 11:39am
Quoting doyathink
{quote} Otakar, can you have programmers write an indi that warns of just FTMO's prohibited news? It would pay for itself very quickly, no doubt.
they have one, every account gets it you put it on a chart it has the news + your metrix data on it. But it freezes, lags and disconnects a lot .
  • #7,503
  • Apr 25, 2021 12:16pm Apr 25, 2021 12:16pm
ah...
for the "funded" only, or have I somehow missed it?

Sounds like it needs improvement, somehow...
  • #7,504
  • Apr 25, 2021 1:23pm Apr 25, 2021 1:23pm
Quoting doyathink
ah... for the "funded" only, or have I somehow missed it? Sounds like it needs improvement, somehow...
it might be at the verification stage you get it? I dno, I still have it and i dont even trade there anymore.
  • #7,505
  • Apr 25, 2021 9:29pm Apr 25, 2021 9:29pm
Quoting Tomas-ftmo
Hi traders, the heat has sort of settled off since the last update, however, the forum recently became rather a group chat between a couple of members, often repeatedly going over the same speculations over and over again. That is definitely not the intention of our thread and many of you have expressed your dissatisfaction with the current situation. In the last post, I’ve covered topics such as how does the FTMO Account work, the position of FTMO in regards to regulations, or how does the FTMO Solution work, so if you’ve missed the last update,...
Hi Tomas sir
I well understand that FTMO has an experienced support team and email support.I have request there already so many time but They replied that they can't help me in the situations I am presently facing so I want to discuss my issue directly to you or Otakar Sir.I humbly request to you or Otakar sir to share your Mail ID here or display it at FTMO website so that if any FTMO trader like me direct communications to you in any unsorted situations by support team end.If you not want to share it here in this forum please share it at my personal mail id [email protected].
Regards
  • #7,506
  • Apr 25, 2021 11:52pm Apr 25, 2021 11:52pm
Successfully recieved my second profit split. Efficiency at its very best. Still the top prop firm among the rest. Thumbs up.
  • #7,507
  • Apr 26, 2021 11:02am Apr 26, 2021 11:02am
Quoting Koop
By the way, I just saw something pretty nice relieving but also a little worrying about trading around news violation. https://youtu.be/dPK2mOhm1jE Turns out this guy opened a trade within the restricted timeframe of a news event and violated that rule on his funded account. But it turns out that FTMO were kind enough not to disqualify him or strip him of the account, instead the gains of that particular trade were voided/cancelled and he was still eligible for pay out on other profits for the month. That's great compared to losing the...
So is it possible for those who are running EAs to have their trades which open during restricted events get cancelled and the profits/losses be disregarded rather than the account get suspended or closed, therefore, a complicated and tedious modification to the EA would not be required that bars it from not trading during FTMO restricted news events only? Would highly appreciate an answer from someone from FTMO officially.
  • #7,508
  • Apr 26, 2021 11:56am Apr 26, 2021 11:56am
Quoting Ehsaan1999
{quote} So is it possible for those who are running EAs to have their trades which open during restricted events get cancelled and the profits/losses be disregarded rather than the account get suspended or closed, therefore, a complicated and tedious modification to the EA would not be required that bars it from not trading during FTMO restricted news events only? Would highly appreciate an answer from someone from FTMO officially.
Although I am an ordinary trader, and not from the FTMO, I can tell you one thing - the rules are the same for everyone, no one will rewrite risk management for you.


P.S. how to attach an account here to trade explorer? For some reason, in MT4, the investment password, which is required to attach an account, does not change.
sorry for my English, using google translator.
  • #7,509
  • Apr 26, 2021 12:14pm Apr 26, 2021 12:14pm
Quoting LoveScalping
{quote} Although I am an ordinary trader, and not from the FTMO, I can tell you one thing - the rules are the same for everyone, no one will rewrite risk management for you. P.S. how to attach an account here to trade explorer? For some reason, in MT4, the investment password, which is required to attach an account, does not change.
If it's an FTMO account, use the master password.
Don't try to change it too.
  • #7,510
  • Apr 26, 2021 12:23pm Apr 26, 2021 12:23pm
Quoting Koop
{quote} If it's an FTMO account, use the master password. Don't try to change it too.
I'm talking about the fact that in order to get an investment password, you need to change it in MT4 using the main password, I enter the correct password, but for some reason there is an error (does not change).
For other brokers, I did this all the time to verify the account in Myfxbook, with FTMO I tried it for the first time and nothing.
I did not try to change the master password)
sorry for my English, using google translator.
  • #7,511
  • Apr 26, 2021 1:25pm Apr 26, 2021 1:25pm
Quoting LoveScalping
{quote} I'm talking about the fact that in order to get an investment password, you need to change it in MT4 using the main password, I enter the correct password, but for some reason there is an error (does not change). For other brokers, I did this all the time to verify the account in Myfxbook, with FTMO I tried it for the first time and nothing. I did not try to change the master password)
Yeah I understand. But with normal brokers, they give you two passwords once you open the account, master & investor. Then you can change either one if you want.
Doesn't FTMO give only one password? I don't know, but
If they give only one (master) then you can't "change" investor password on MT4 because FTMO doesn't provide it in the first place.

So if you want to hook up a trade explorer, you should use the Master password.
  • #7,512
  • Apr 26, 2021 3:31pm Apr 26, 2021 3:31pm
Quoting LoveScalping
{quote} I'm talking about the fact that in order to get an investment password, you need to change it in MT4 using the main password, I enter the correct password, but for some reason there is an error (does not change). For other brokers, I did this all the time to verify the account in Myfxbook, with FTMO I tried it for the first time and nothing. I did not try to change the master password)
In your terminal click "mailbox" then "new account registration" and there you will find the investor password already set
Pride always comes before destruction.... -Proverbs 16:18
  • #7,513
  • Apr 27, 2021 1:35am Apr 27, 2021 1:35am
Quoting Ehsaan1999
{quote} So is it possible for those who are running EAs to have their trades which open during restricted events get cancelled and the profits/losses be disregarded rather than the account get suspended or closed, therefore, a complicated and tedious modification to the EA would not be required that bars it from not trading during FTMO restricted news events only? Would highly appreciate an answer from someone from FTMO officially.
I use another indicator that stops all eas at "x" period before red news events and restarts at "x" period after the event. Never had an issue and quite often works in my favour ( I would say 6 out of 10 trades I end up better off than if the trade closed during the event).

Why not look into that as a solution for yourself?

cheers
maahome
  • #7,514
  • Apr 27, 2021 1:41am Apr 27, 2021 1:41am
Quoting LoveScalping
{quote} I'm talking about the fact that in order to get an investment password, you need to change it in MT4 using the main password, I enter the correct password, but for some reason there is an error (does not change). For other brokers, I did this all the time to verify the account in Myfxbook, with FTMO I tried it for the first time and nothing. I did not try to change the master password)
Most likely because FTMO will be using the investor password to copy the trades - nearly all prop firms issue you a demo account and then copy from your demo account will tell you to never change the investor password - just my guess though.

cheers
maahome
  • #7,515
  • Apr 27, 2021 2:54am Apr 27, 2021 2:54am
Hello guys! who knows, maybe they already wrote about it? When you go through the challenge is it possible to leave deals for the weekend?
  • #7,516
  • Apr 27, 2021 5:05am Apr 27, 2021 5:05am
Quoting maahome
{quote} I use another indicator that stops all eas at "x" period before red news events and restarts at "x" period after the event. Never had an issue and quite often works in my favour ( I would say 6 out of 10 trades I end up better off than if the trade closed during the event). Why not look into that as a solution for yourself? cheers maahome
I see, does that indi derive economic news from here at FFs economic calender or otherwise?
  • #7,517
  • Apr 27, 2021 5:24am Apr 27, 2021 5:24am
Quoting Hxs
Hello guys! who knows, maybe they already wrote about it? When you go through the challenge is it possible to leave deals for the weekend?
when you go through a challenge or verification, you can leave trades open on any news, as well as postpone trades through the weekend.
On the account that is provided after passing the tests, these rules come into force.
sorry for my English, using google translator.
  • #7,518
  • Apr 27, 2021 5:31am Apr 27, 2021 5:31am
Quoting LoveScalping
{quote} when you go through a challenge or verification, you can leave trades open on any news, as well as postpone trades through the weekend. On the account that is provided after passing the tests, these rules come into force.
thank you very much for the clarification, I thought so) but was not sure about it
  • #7,519
  • Apr 27, 2021 6:29am Apr 27, 2021 6:29am
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  • #7,520
  • Apr 27, 2021 7:11am Apr 27, 2021 7:11am
Quoting Ehsaan1999
{quote} I see, does that indi derive economic news from here at FFs economic calender or otherwise?
Yes it uses FF news.

cheers
maahome
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