Name: Forex Strategies to pass the FTMO Challenge
SKU: FS-FTMO
Price: 19.95 USD
Availability: InStock

Full Item description:

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Original website: www.ftmostrategies.com

Original price: $969.90

Content: ETH 100K USD.xlsx
ETH 10K USD.xlsx
ETH 25K USD.xlsx
ETH 50K USD.xlsx
ETH 5K USD.xlsx
FTMO Strategies – Ethereum Averaging explained.pdf
FTMO Strategies – Ethereum Averaging.ex4
FTMO Strategies – Installation part 1 (loading files).pdf
FTMO Strategies – Installation part 2 (individual settings).pdf

Forex Strategies to pass the FTMO Challenge: Backtested, Forward tested, and used on FTMO.

The following strategies have been statistically designed, tested, and used on FTMO. All the trade rules and settings are provided transparently for free. They are available as Expert Advisors for those interested in automated algorithmic trading on Metatrader.

Most recent pass result:

Ethereum Averaging

Ethereum Averaging (run #2)

Ethereum Averaging (run #3)

Bitcoin Averaging

ETH + BTC Averaging

Meeting every single FTMO Rule.

When taking on the FTMO challenge, there are clear rules you’ll need to meet as a forex trader. These rules include:

Maximum 30 trade days
Minimum 10 trade days
5% Maximum daily loss
10% Maximum total loss
10% Profit target
1:100 Leverage
Our design rules
Trend following
Profit factor 1.5+
Ranging market filter
Non-repainting
Closed bars only
Varying entries and exits
No curve fitting of parameters
Multi Time Frame Robustness
Can take market blows
Imperfect entry ok
Minimized screen time
Cannot blow an account
Script stability
Frequent trade entries

What is FTMO?

FTMO is a “Proprietary trading firm” meaning a financial firm or commercial bank that invests for direct market gain rather than earning commission dollars by trading on behalf of clients. It’s also called “prop trading”. They recruit talented forex traders to trade with their capital for a 70/30 split of profit (70% for you the trader). To be sure the trader is suitable, they must pass a 2-step evaluation challenge where you meet profit targets and have losses within limits.

What is the FTMO challenge?

The FTMO challenge is the initial test proving your strategy is viable. The profit target is quite high at 10% within 30 days, however this is reduced to 5% in the 2nd stage of the challenge which is 60 days. We passed the challenge by increasing the lots to be a little more aggressive in the 1st stage challenge, then reduced it afterward to be conservative.

What is the best FTMO strategy?

That’s the million-dollar question! There’s no “correct” way. We’ve noticed support and resistance is a popular method, but this is manual trading which doesn’t suit everyone. We prefer automated strategies. Manual trading is more efficient but labor-intensive. The inefficiencies of automated trading need to be overcome with money management, and a system that compensates for imperfect entries. ‘Averaging’ is a method of allowing for imperfect entries. This involves running multiple small trades, adding new positions when the price moves backward. Positions are small, and the trades are definitely closed for a loss at a reasonable threshold. Never infinitely add positions or use martingale etc. It’s guaranteed to blow your account eventually.

Is FTMO worth it?

We believe so, as it’s a source of income. It’s nice trading with up to $200K of other people’s money. It suits those who either don’t have a lot of capital available to trade or are somewhat risk averse. We started with the minimum challenge, and recommend the same. This is €155 for €10,000.

What happens if I fail FTMO verification?

If you don’t fail the drawdown limits (5% daily, 10% total), but have a positive balance under the 10% profit target, you can try again for free. If you fail the drawdown limits, then the challenge is forfeited. It’s best practice to test your strategy on a demo account before proceeding to the challenge to ensure your settings are correct etc. FTMO is actually trading on demo accounts, then they copy trade from that. So demo trading is perfect simulation of the FTMO challenge. All our strategies have been run multiple times on demo accounts, and on real FTMO challenges to hit the profit targets.

What strategies DON’T work?

Far more automated strategies fail than actually work. We have many failed strategies and plan to publish these for our readers in the near future.

How robust are your strategies?

They’re quite robust. Robustness comes from removing sensitivity to assets and timeframes, and design principals that reflect actual trading conditions. Examples include non-repainting, closed bars, no over-optimizing, ability to take market blows, and script stablity.

What qualifies you?

I’m an active FTMO member, a professional coder, and have been forex trading for 5 years. Instead of generic trading scripts available on the internet right now, I have created a set of unique automated trading strategies tailored to FTMO trading only. Check out the trading account results on each strategy.

Are your strategies over optimized?

No. We stay aware of curve fitting data. The strategies are robust meaning not overly sensitive to input changes. An over-optimized strategy fails hard with changes in inputs.

Does FTMO allow multiple people using same strategies?

FTMO needs a balanced set of trading strategies, not a bunch of people copying trading. This is solved by using slightly random settings with EMA’s and profit targets etc. For example, instead of using 1000 EMA, use 970. Instead of a 100 pip profit target, use 95 pips. When everyone slightly randomizes the conditions, then the entries and exits are varied whilst still maintaining the strategy concepts.

Tell me more about your statistical testing?

Montecarlo and ‘risk of ruin’ calculations. This takes the win rate, average win, average loss then mathematically projects forward say 10,000 trades to determine the probability of drawdowns. We use an 8.0% drawdown as a basis as this is inside FTMO’s limit of 10.0%. So the strategy is tuned so that the calculated result is a 0% chance of an 8.0% drawdown.

Are your strategies suitable on all timeframes?

There is no one-size-fits-all as different timeframes have different volatility ranges. However, you can test new settings with backtesting and forward testing on demo accounts. We advise passing a 12 month backtest, and 2 months on a demo account.

Are your strategies suitable on all assets?

There is no one-size-fits-all as different assets have different volatility ranges and spreads. However, you can test new settings with backtesting and forward testing on demo accounts. We advise passing a 12 month backtest, and 2 months on a demo account.

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FEATURES	PRODUCT DETAILS
Compatible with NFA, FIFO and MT4 Build 600+	Platform: MetaTrader 4
ECN Support	Language: English
Perfected For Multiple Pairs	Time Frames: System works with every MT4 TF
Works With Any MT4 Trading Brokerage	Trading Time: Any time \| Recommended London and New York sessions
Unlimited Licenses For All Your MT4 Accounts	Currency pairs: Any pairs \| Recommended major pairs + indexes
No Trading Experience Required	Purchase includes: Indicators \| Templates
US Brokers \| Non-US Brokers	Trading Accounts: Unlimited
No Trading Account Limitations	License: Unlimited
Popup Alerts	Indicators (Unlimited)
No Minimum Leverage Required
* instant delivery (email inbox/account dashboard)

Features	Product details
Compatible with NFA, FIFO and MT4 Build 600+	Platform: MetaTrader 4
ECN Support	Language: English
Perfected For Multiple Pairs	Time Frames: System works with every MT4 TF
Works With Any MT4 Trading Brokerage	Trading Time: Any time \| Recommended London and New York sessions
Unlimited Licenses For All Your MT4 Accounts	Currency pairs: Any pairs \| Recommended major pairs + indexes
No Trading Experience Required	Purchase includes: Indicators \| Templates
US Brokers \| Non-US Brokers	Trading Accounts: Unlimited
No Trading Account Limitations	License: Unlimited
Popup Alerts	Indicators (Unlimited)
No Minimum Leverage Required
* Due to reviews of themegareview.co.uk

Delivery: Instant delivery (email inbox/account dashboard)

Conclusion:

I want to repeat that the system is very effective. It will definitely help you achieve your financial goals whatever they are.

Package include: System Indicators and template in a zip folder

Fast delivery within 24 hours

I’m reseller of unlocking digital good’s

I’m not a trader

All indicator’s,FX strategies and EA’s are working and unlocked for use

Please note: I do not give refunds based on the performance of the product. There are many factors that can affect the performance and results of the product such as brokers, internet connection and the experience of the user. You are receiving a working product that has been tested and all sales are final.

no returns accepted for any reason

Forex Strategies to pass the FTMO Challenge

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