Complete guide to use PROP FIRM Expert Advisor
Prop Firm EA is a Forex trading robot with a very low unrealized drawdown of 4.20% and an estimated monthly profit margin of 10% to 20%. The Expert Assitant is compatible with finance companies such as FTMO, MY FOREX FUNDS, etc.
What is a test to be funded by a trading company ?
A test to be funded by a trading company is to achieve goals set by the company to verify your ability to maintain a certain percentage of unrealized loss while successfully closing trading positions with the goal of gaining marginstable beneficiary.
After passing the test, you will be able to receive a funded trading account up to $ 200,000. The profits generated will be shared between you and the company.
What is the strategy of Prop Firm EA ?
Prop Firm EA uses a top-down reverse trading strategy as well as a grid. Internal smart indicator signals and a news filter are part of its trading strategy.
Prop Firm EA works on 25 pairs and comes with 4 predefined files :
1. Low unrealized loss (drawdown) for tests
2. Aggressive mode for testing
3. Low unrealized loss for personal accounts
4. Aggressive mode for personal accounts
Works on 2000, 5000, 10,000, 50,000, 100,000 and 200,000 USD accounts
What are the 25 pairs used by Prop Firm EA ?
USDCHF, AUDUSD, GBPCHF, AUDCHF, CADCHF
GBUSD, EURGBP, CADJPY, AUDJPY, NZDJPY
EURUSD, EURAUD, GBPJPY, CHFJPY, NZDUSD
USDJPY, EURCHF, AUDNZD, EURNZD, GBPCAD
USDCAD, EURJPY, AUDCAD, EURCAD, XAUUSD
Important information about Prop Firm EA
Prop Firm EA uses a top-down reverse trading strategy with a grid, internal smart indicator signals and a news filter as its trading strategy.
Prop Firm EA will work for FTMO and all similar finance companies. Start with a test account to learn how to use the Expert Advisor, then register to take the trading test.
Yes of course, to do this, the Expert Advisor has an aggressive mode that will help you to have an expected profit of more than 20% per month.
The maximum is done to respect all the rules imposed during the trading test. The Expert Advisor is considered a third party service and they have the right to suspend any account.
No, orders are placed normally with realistic targets without taking quick positions on small movements in the Forex market.
Prop Firm EA does not require Stop Loss due to the unrealized drawdown limit of less than 5%.