Technical Indicators for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
OPTIMIZE BEFORE TEST AND USE FOR VALUES. THE EA STOPS WHEN THE DRAWDOWN OR PROFIT TARGET IS REACHED ON A CLOSED TRADE
Prop Challenge Expert is a high-performance trading system designed specifically for proprietary trading. It’s engineered to maximize profits while adhering to strict risk management rules.
Key Features:
- Dynamic Trade Management: Utilizes Average True Range (ATR) to set adaptive stop loss (SL) and take profit (TP) levels, ensuring trades are optimized for market conditions.
- Profit Target & Drawdown Control: Automatically stops trading if the account drawdown hits % or if a % profit target is reached, safeguarding your capital and locking in gains.
- Strategic Entry Signals: Employs a trend strategy to identify lucrative trading opportunities.
