#1 Free FTMO EA (Robot)

today I'll share the number one free FTMO EA  with you I will show you the performance what the strategy behind it is and how you can start  trading with it stay with me until the end to see how you can download it for free on the FTMO  Robot App Trading Academy you can select between 14 different expert advisors trading on different  assets and time frames it is the same strategy behind each one which I will show in a second but  they are optimized for different assets and time frames so on the

top you can see that the Euro  Aussie on M30 is performing the best for the last 5 years and if I switch to yearly you will  see that Euro Aussie on M15 shows better results but if I go down to the monthly you will see that  Euro Aussie on M30 is again the top performer as well as weekly and even on daily chart so that is  the expert advisor I decided to put on a brand new 100K Challenge and before I do that I need to make  sure that I'm downloading it with the appropriate settings so with the

Infinity Forex Funds which  I've selected to use you can see that the target is 10% daily drawdown is $5,000 and Max drawdown  is $15,000 so I'll make sure to change max loss to 15,000 max daily loss is $5,000 and the profit  target is 10% now I'll be trading this one expert advisor on 100K challenge alone so I can afford  to put it with a high risk of 2% per trade and I want to avoid new trades during the high impact  news then I will just click on MT4 download MT5 download and the expert advis

or is downloaded  so then I'll just copy the MT4 version and as I said by the end of the video you will see how you  can get this robot for free so then I'll open the Metatrader platform where I have the challenge I  will click on file, open data folder I will select MQL4 Experts and I will paste it in here then I  will right click on Expert Advisors and I will hit on refresh this will compile the expert and  before I place it on the chart I need to enable the Auto Trading and as well I need to

go to tools  options expert advisors and I need to allow web requests and add the website of ForexSB so we can  use the news filter in the expert then I will drag and drop it over the chart and from the inputs you  will see that I have the appropriate lot size the stop loss and the take profit and the lot size  is exactly that much so it will not risk more than 2% per trade this is the high risk in the  FTMO App and below are all of the indicators and the parameters I will click on okay and it w

ill be  attached on the chart with information about the robot the active protections and the upcoming  news now as I said this robot trades on M30 time frame so you make sure to put it on M30 time  frame now because I'm trading this expert advisor alone in this account I'm planning to scale it  up once it reaches 2% or if it reaches 2% of a profit so right now it is trading with 7.31 lots  and if I achieve 2% profit in the account I will double the lot size so I will be risking 4% in  total but

I will keep the protections to make sure I don't lose the challenge now let me show  you how the strategy looks on EA Studio so you will learn more about it you can see the very same  backtest like the one we have in the robot app or that would be the same backtest if you do it on  Metatrader and if you prefer Metatrader I would suggest you to backtest with Metatrader 5 because  there are the live spreads during the backtest and at EA Studio we have imported the FTMO data  with live spreads so

it's the very same backtest but the huge difference here is that if I want to  change the stop loss for example from 40 to 30 I can immediately see the difference or if I want to  increase it again I see immediately the difference and I found that for this asset and time frame  the robot works best with stop loss of 40 Pips and as well I can change any of the inputs for  example with the Envelopes we have the bar opens above lower band after opening below it and if I  click on the graph you will

see that we have very clear examples of where the trades are opened for  example right in here we have a long trade that went on the loss and if I go earlier you can see  that there is a short trade one more long trade was opened in here so this is a good example of  the entry condition where we can clearly see that we have a bar that opened below the lower band  and once the bar was opened above the lower band of the envelopes a long trade was opened and the  take profit was reached however th

is condition should be confirmed with more indicators and we  have the DeMarker that should be higher than the level line MACD line rises at the same time RSI  is higher than the level line and RSI changes its direction upwards and besides the stop- loss and  the take profit we have an exit condition as an indicator and that is the average true range which  crosses the level line upward with the following parameter so if that happens the trade will close  before hitting the stop loss or the take

profit and if I go to the report and I click on stats  information you will see a lot more about strategy performance the profit factor is 1.72 profit per  day is nearly $120 we have the system quality number for 25 and win loss ratio is 0.46 you can  see how the strategy is is performing during the week and as well during the day plus we can see  the position profit by position holding time so mostly the stop loss or the take profit is hit and  on the bottom we see the monthly performance so t

here will be losing months but as well there will  be profitable months and I will see how this robot will perform in my challenge and before you go  check out the link down below in the description because we have uploaded this robot absolutely for  free for you guys our subscribers and we really thank you for following the channel and watching  the videos before you go don't forget to have a look at this video because it will teach you  more about the FTMO Robot and you will see how I passed t

he challenge fully automatically with the  scaling system have a great day and safe trading