Adam FTMO MT5 (Official version) | Unbounded

Product Overview

Adam FTMO MT5 is an automated Prop Firm trading Expert Advisor for MetaTrader 5, developed using a combination of AI-assisted development technology and extensive trading experience.

The EA was created with a specific focus on prop firm trading challenges, with risk management and account protection playing a central role in its design. According to the developer, the system was developed using ChatGPT-assisted brainstorming, coding, testing, optimization, and refinement alongside years of experience in global trading, broker tools development, and prop trading algorithms.

Adam FTMO MT5 is primarily designed for EURUSD and GBPUSD and operates on the 15-minute (M15) timeframe.

The default parameters are designed around a $100,000 prop firm challenge, while recommended maximum lot ranges are provided for different account sizes.

A key part of the system is its emphasis on controlling risk rather than simply maximizing trading frequency or profit. The EA also includes rules for closing trades and disabling automated trading before the weekend.

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About the Developer

• Author: Vyacheslav Izvarin
• Experience: Over +7 years of experience on MQL5.
• Notable Products: FTMO MT5, ADAM for FTMO 40, ADAM for FTMO 5 and other advisors.
• Flagship Product: Adam FTMO MT5 is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

>>Reviewed by Jason Stap <<

Adam FTMO MT5 Overview

Core Features of Adam FTMO MT5

AI-Assisted EA Development

Adam FTMO MT5 was developed using ChatGPT-assisted technology alongside the developer’s trading and algorithm-development experience.

The development process involved brainstorming trading strategies, selecting indicators and concepts, generating MQL code, testing, optimizing, and refining the final system.

Designed for Prop Firm Challenges

The EA was specifically developed with prop trading challenges in mind.

Its risk-management approach is intended to help traders operate within predefined account limits rather than simply pursuing maximum returns.

However, no Expert Advisor can guarantee that a prop firm challenge will be passed.

EURUSD and GBPUSD

Adam FTMO MT5 has been tested on:

• EURUSD
• GBPUSD

These major currency pairs generally offer high liquidity and are commonly used in automated Forex trading.

M15 Timeframe

The recommended timeframe is:

15-Minute (M15)

Using M15 provides a balance between short-term market movements and broader intraday price behavior.

Challenge-Oriented Default Parameters

The default parameters are designed for a $100,000 challenge account.

The developer also provides recommended maximum lot ranges for different account sizes:

These values should be treated as starting recommendations rather than guaranteed safe settings. Actual lot size should depend on the specific prop firm’s drawdown rules, instrument conditions, Stop Loss configuration, and overall risk exposure.

Weekend Protection

Adam FTMO MT5 is configured to close all open trades and disable Auto Trading before the weekend at 12:00 GMT+3 on Friday.

This rule is designed to reduce exposure to weekend gaps and unexpected price movements when the Forex market is closed.

Risk Management Focus

Risk management was one of the key components incorporated during the development process.

The system was designed with the objective of balancing potential returns against the strict risk limits commonly found in prop firm challenges.

EA Name and Magic Number Configuration

For prop firm challenges, users are instructed to change the EA Name and Magic Number according to the required setup.

This can help distinguish different EA instances and trading configurations.

How Does Adam FTMO MT5 Work?

Adam FTMO MT5 is an automated trading system designed to execute its programmed trading strategy on EURUSD and GBPUSD using the M15 timeframe.

The development methodology consisted of several stages.

First, the developer used AI-assisted brainstorming to explore potential:

• Trading strategies
• Technical indicators
• Market concepts
• Risk-management methods
• Prop firm techniques

After selecting a trading concept, the strategy was implemented as an MQL5 Expert Advisor.

The EA was then tested, debugged, optimized, and refined. Risk-management functions and additional trading rules were subsequently incorporated into the system.

The overall development process can be summarized as:

Strategy Research → AI-Assisted Development → MQL5 Coding → Testing → Optimization → Risk Management → Demo Validation → Live Refinement

During operation, the EA automatically manages trades according to its programmed rules.

One of its specific operational rules is to close open positions and disable automated trading before the weekend at 12:00 GMT+3 on Friday.

This is intended to avoid holding positions over the weekend.

Why Choose Adam FTMO MT5?

Designed for Prop Trading

Adam FTMO MT5 was developed specifically with prop firm challenges and funded-account environments in mind.

AI-Assisted Development

The EA combines traditional trading knowledge with modern ChatGPT-assisted development, providing an interesting approach to automated strategy development.

Focus on Risk Management

Rather than focusing only on entry signals, the development process placed significant emphasis on risk control and account protection.

Major Currency Pairs

The EA has been tested on EURUSD and GBPUSD, two highly liquid Forex instruments.

M15 Trading

The M15 timeframe offers a practical environment for intraday automated trading without relying on extremely short-term tick-based strategies.

Weekend Risk Protection

The automatic Friday closing rule is designed to prevent positions from remaining open over the weekend.

Multiple Account-Size Recommendations

The provided lot-size recommendations make it easier for users to adapt the EA to different nominal prop account sizes.

Adam FTMO MT5 Performance Results

Adam FTMO MT5 Live Trading Results

🟢 Backtest Results

🔺EURUSD M15 ( 4 months ):

• Initial Deposit: $100,000
• Total Net Profit: $36,733.56
• Max Balance Drawdown: 4.62%
• Max Equity Drawdown: 6.04%
• Win Rate: 69.13%

Adam FTMO MT5 Backtest Result

Performance and Risk Management

Risk management is one of the most important components of Adam FTMO MT5.

The system was developed with the objective of balancing profit potential and account protection, particularly within the constraints of prop firm challenges.

The developer describes a multi-stage development process involving testing, optimization, risk-management implementation, demo validation, and real-market refinement.

For different account sizes, the suggested maximum lot ranges are:

• $25K account: 0.25–0.75 lots
• $50K account: 0.5–1.5 lots
• $100K account: 1–3 lots
• $200K account: 2–6 lots
• $300K account: 3–9 lots

However, these ranges should not be interpreted as universal risk recommendations. Prop firms can have different maximum drawdown, daily loss, leverage, and trading restrictions.

The EA also applies a specific weekend protection rule:

Friday 12:00 GMT+3 → Close all positions + Disable Auto Trading

This can help reduce exposure to weekend gaps.

Traders should also change the EA Name and Magic Number when configuring the EA for a prop firm challenge, according to the developer’s instructions.

Most importantly, backtesting and optimization cannot guarantee future profitability. Live market conditions can differ significantly from historical data.

Weaknesses and Risk Warnings

No Guaranteed Prop Firm Pass

Although Adam FTMO MT5 was designed for prop firm challenges, there is no guarantee that it will pass FTMO or any other proprietary trading evaluation.

Backtest Results Are Not Guarantees

Historical backtesting can help evaluate a strategy, but it cannot predict future market behavior with certainty.

Limited Instrument Testing

The provided information states that the EA has been tested on EURUSD and GBPUSD. Results on other instruments should not be assumed to be equivalent.

Account Rules Differ

Each prop firm can have different requirements concerning:

• Maximum daily loss
• Maximum overall drawdown
• Minimum trading days
• News trading
• Overnight positions
• Weekend positions
• Lot size
• Leverage
• Automated trading

Users should verify the current rules of their chosen firm before deployment.

Lot Size Requires Careful Management

The recommended maximum lot ranges should not automatically be used without considering Stop Loss distance, volatility, leverage, and the firm’s specific risk limits.

AI Does Not Eliminate Trading Risk

Using ChatGPT or other AI technology during development does not guarantee that an EA will correctly predict financial markets.

Market Conditions Change

A strategy that performs well during one market regime can experience reduced performance when volatility, liquidity, trends, or correlations change.

Pros and Cons

Pros

• Designed specifically for prop firm trading.
• Developed using AI-assisted ChatGPT technology.
• Built with extensive trading and algorithm-development experience.
• Tested on EURUSD and GBPUSD.
• Recommended M15 timeframe.
• Default settings designed around a $100,000 challenge.
• Strong emphasis on risk management.
• Provides account-size-specific lot recommendations.
• Automatic Friday position closing.
• Disables Auto Trading before the weekend.
• Suitable for automated MT5 trading.
• Development process included testing and optimization.
• Can be configured for different account sizes.

Cons

• No guarantee of passing a prop firm challenge.
• No guarantee of profitability.
• Primarily tested on EURUSD and GBPUSD.
• Recommended settings may not suit every broker or prop firm.
• Lot-size ranges must be adjusted according to actual risk.
• Prop firm rules can change over time.
• Historical backtests cannot guarantee future performance.
• AI-assisted development does not eliminate market risk.
• Requires proper testing before live or challenge deployment.

How to Install Adam FTMO MT5

Installing Adam FTMO MT5 on MetaTrader 5 is generally straightforward.

Step 1: Install MetaTrader 5

Install the MetaTrader 5 trading platform provided by your broker or prop firm.

Step 2: Open the MT5 Data Folder

In MetaTrader 5, select:

File → Open Data Folder

Then navigate to:

MQL5 → Experts

Step 3: Copy the EA File

Copy the Adam FTMO MT5 EA file into the Experts folder.

Step 4: Restart MetaTrader 5

Restart MT5 or refresh the Expert Advisors section in the Navigator window.

Step 5: Open the Trading Charts

Open:

• EURUSD
• GBPUSD

Set the timeframe to:

M15

Step 6: Attach the EA

Drag Adam FTMO MT5 from the Navigator window onto the appropriate chart.

Step 7: Configure the Account Size

Select the appropriate settings according to your account size and risk requirements.

The provided recommendations are:

• $25K → Max Lot 0.25–0.75
• $50K → Max Lot 0.5–1.5
• $100K → Max Lot 1–3
• $200K → Max Lot 2–6
• $300K → Max Lot 3–9

Always verify these settings against your prop firm’s current risk rules.

Step 8: Change EA Name and Magic Number

For a prop firm challenge, change the EA Name and Magic Number as instructed by the developer.

Step 9: Enable Algo Trading

Make sure Algo Trading is enabled in MetaTrader 5.

Step 10: Test Before the Challenge

Run the EA on a demo account first and monitor:

• Drawdown
• Daily losses
• Lot sizes
• Trade frequency
• Weekend closing behavior
• Performance during news
• Overall risk exposure

Only consider using the EA in a live prop firm challenge after thoroughly validating the settings.

Real User Reviews and Feedback

🔺Adam FTMO MT5 is highly appreciated by the MQL5 community for bringing stable and reliable profits. Below are 5 star reviews from users:

• Lee79b (2024.06.19): “Had some great results so far and have been using this EA for 2 months and its going well. The guys that developed Adam have been super helpful and the support has been fantastic.”
• Azimum (2024.03.04): “I have been using the bot for a week to test FTMO. The period is short, of course, but the results are already pleasing. Excellent risk management and transaction management. At the end of the test, I will update the review with the results.”

What’s Included in the Download Package?

• Setting (If Any).docx
• Installation Guide.docx

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Final Thoughts

Adam FTMO MT5 is a prop-firm-oriented MetaTrader 5 Expert Advisor developed using a combination of AI-assisted ChatGPT technology and extensive trading experience.

The EA focuses on EURUSD and GBPUSD, operates on the M15 timeframe, and incorporates a development philosophy centered around strategy testing, optimization, risk management, and account protection.

One of its notable features is the automatic Friday 12:00 GMT+3 weekend protection rule, which closes open positions and disables automated trading before the weekend.

The EA also provides recommended maximum lot ranges for account sizes from $25,000 to $300,000, making it possible to adapt the system to different nominal challenge sizes.

However, traders should not interpret the name “FTMO” or the challenge-oriented design as a guarantee of passing FTMO or another prop firm evaluation. Prop firm rules, market conditions, spreads, execution, and drawdown behavior can all affect the final outcome.

For the best risk control, traders should thoroughly test Adam FTMO MT5 on a demo account, use conservative settings, verify the current rules of their prop firm, and monitor the EA’s actual drawdown before committing to a paid challenge.

Risk Disclaimer: Adam FTMO MT5 does not guarantee profits or successful prop firm challenges. Trading involves significant financial risk, and past performance or backtesting cannot guarantee future results. Only trade with risk capital you can afford to lose.