Trading utilities for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
FTMO Challenge Algo Bot
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Achieve consistent returns with a diversified portfolio EAs, solid backtesting and ongoing customer support.
The concept is to offer the combination of 2 worlds: portfolios EAs (optimising profit vs risk, minimizing drawdowns), and single optimized EAs (more risky of course but globally maximizing your trading potential).
10 copies left at $99 then $199. After purchase, please send us a private message to get the other set files.
Designed specifically to meet the rigorous requirements of FTMO’s prop firm challenges, this automated trading bot follows strict risk management and position sizing rules to pass the challenge efficiently.
The bot is programmed to respect the maximum 5% daily drawdown limit and target the 10% profit goal, using advanced news filtering to avoid volatile market conditions.
With precise risk controls and strategic trade management, this algo ensures compliance with FTMO’s guidelines, giving traders a reliable tool to successfully complete the challenge and qualify for funded accounts.
Ideal for traders looking to automate their strategy with cutting-edge market analysis techniques.
Settings
Instrument/Symbol: EURAUD an EURUSD but feel free to DM me with specifics.
Timeframe: M30 and M20
Set Config: Default Settings + News Filter + https://c.mql5.com/31/1202/ftmo-algo-challlenge-bot-screen-3943-preview.jpg
Note
Dont forget to enable the news filter and add the url on MT5 > TOOLS > OPTIONS > Expert Advisors > Allow WebRequests for Listed Url > https://forexsb.com
Support:
For support please ping our support on the chat and we will help you get things started.
DM me for Best set config that i have tested.
We recommend you optimize the EA towards your specific Pair or for the targeted condition you might prefer, whether that is Drawdown considerations
or Profit Factor, Recovery Factor, Total Trades correlated with Drawdown and Profit Factor Results.
To do this we recomend you go with the logic of Chapter 2. Testing the Expert Advisor so you can obtain the best results towards what you are looking for.
We can provide a generic optimization normaly for Major Pairs EURUSD, GBPUSD, GBPJPY but in the end its up to you to get the code, test it and optimize it towards what you are keen on having.
There is no single click and its done for everyone, that is a true misconception that its required to understand before actually trading live.
Only do so when you have sustainable support metrics for that purpose and the road to reach them is to undergo optimization.
Looking forward to hear from you.
Release Roadmap and Lifecycle:
We do weekly updates as part of our development lifecycle and we value your input in which we translate it into a better functionality.
