Ultimate EA for Prop Firms

Ultimate EA for Prop Firms is an Expert Advisor specially designed to pass the challenges of Proprietary Firms like MyForexFunds and get a funded account. In fact, it has specific functions to comply with the rules imposed by companies that offer managed accounts.

Link for tutorial, detailed description, manual and presets: https://www.mql5.com/en/blogs/post/752189

New (August 2023): Time Grid Operativity and SuperTrend Strategy!

- Choose the strategy you want to use among 6 different ones available based on the following indicators: MACD, Alligator, MACD+RSI+Stoch, Parabolic SAR, Ichimoku or SuperTrend!

- Works on all Forex pairs and indices, recommended on M5, M6, M10 timeframes.

- EA should work on VPS 24/7

- Pm me to get the parameters already optimized by me for the various challenges and presets to optimize. Also, some of them are already available on the blog!

Functions for prop firms:

• Daily and monthly anti drawdown control
• Possibility to set a maximum profit target in which the EA stops automatically (for example the 8% required by MFF to pass the first phase)
• Possibility to backtest the number of past months in which it would have passed the challenge (via custom max, e.g. 31001 -> 31 months passed the challenge, 1 month closed positive)
• If the drawdown is reached, the EA stops and the parameter combination is discarded (the custom max value is set to 0)
• Advanced drawdown features, detailed in the blog post

Additional Features:

• Choice of percentage of capital to risk
• Possibility to use Martingale operation
• Choice of the type of take profit: with fixed return risk or with inverse signal of the indicators
• Choice of days and hours of operation
• Possibility to set a breakeven
• Possibility of setting one or two partial TPs
• Limit the number of maximum or minimum pips for setting the stop loss to avoid too long trades
• High anti spread control