What is Prop Firm EA MT4?
Prop Firm EA is a powerful automated trading tool specifically built to help traders succeed in Prop Firm challenges. Designed to comply with strict trading rules, this EA combines advanced technical analysis, price action strategies, and proprietary algorithms to deliver smart, rule-compliant trade execution and increase the chances of securing funded accounts.
Key Features of Prop Firm EA
🔺 Prop Firm Drawdown Control:
🔺 Customizable Risk Management:
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Adjustable lot sizes, stop loss, daily loss limits, and max risk settings to tailor the EA to each firm’s rules and trader preference.
🔺 Multi-Strategy Engine:
🔺 Backtesting Support:
🔺 User-Friendly Interface:
- Simple setup with preconfigured set files, suitable for both beginner and experienced traders.
Why choose Prop Firm EA MT4?
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Built for Prop Firm Compliance: Designed to help traders pass funded account challenges by meeting key evaluation criteria.
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Fully Automated Trading: 24/5 hands-free trading on MetaTrader 4 with real-time market execution.
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Capital Protection: Equipped with advanced risk controls to minimize losses and manage account exposure.
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Adaptable to Multiple Pairs: Compatible with major and minor forex pairs, enabling portfolio diversification.
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Flexible Strategy Customization: Traders can modify settings to match their trading style or the rules of different firms.
Prop Firm EA MT4 Review
- Positive user feedback highlights its drawdown control, consistent trade execution, and ease of use.
- While no EA guarantees profits, Prop Firm EA’s structure is aligned with prop firm evaluation requirements, making it a competitive solution.
Prop Firm EA v2.0 MT4 REVIEW
What’s Included in the Download Package?
- Experts: Prop Firm EA v2.0.ex4
- Indicators:
- EA_Prop_Firm_V1.ex4
- EA_Prop_Firm_V1_Indicator_Fixed.ex4
- urdala_news_investing.com.ex4
- Presets:
- Prop Firm EA USDJPY M15.set
- Prop Firm EA USDCAD M15.set
- Prop Firm EA GBPUSD M5.set
- Prop Firm EA GBPNZD M15.set
- Prop Firm EA GBPAUD M15.set
- Prop Firm EA EURUSD H1.set
- Prop Firm EA EURNZD M15.set
- Prop Firm EA EURJPY M15.set
- Prop Firm EA EURGBP M15.set
- Prop Firm EA EURAUD M15.set
- Prop Firm EA CADJPY H1.set
- Prop Firm EA CADCHF M5.set
- Prop Firm EA AUDUSD M30.set
- Prop Firm EA AUDCAD M15.set
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How To Set Up EA
🔺Prop Firm EA v2.00 is a specially designed Expert Advisor (EA) built for proprietary trading firm challenges and funded account management. It focuses on strict risk control, consistency, and capital preservation—key requirements for passing prop firm rules like those from FTMO, MyForexFunds, or MFF.
Prop Firm EA MT4 SETTING
🔺Download & Extract
- Download Prop Firm EA v2.00 and extract it to your computer.
🔺Install to MetaTrader 4
- Open MT4 > Go to File > Open Data Folder > MQL4 > Experts
- Paste the EA file into the Experts folder and restart MT4.
🔺Attach to Chart
- Open a chart for a major forex pair (e.g., EURUSD) on M15 or H1 timeframe.
- Drag the EA onto the chart and enable DLL imports if prompted.
🔺Configure Key Settings
- Lot Size: Fixed at 1.0 (MinLot: 0.1, MaxLot: 5.0)
- TP/SL: 150 pips each (1:1 risk-reward ratio)
- Max Trades Count: 1 (only one open trade at a time)
- Risk: 10 (internal risk metric – manage based on account size)
- Trailing Stop: Disabled (set to 0)
- News Filter: Enabled (no trades 30 min before/after news)
- Friday Close: Active – EA stops trading or closes all trades on Friday
🔺Enable AutoTrading
- Activate AutoTrading in MT4 and ensure the EA panel shows active status with real-time trade monitoring.
🔺Start Trading
- Prop Firm EA MT4 now trades low-risk, rule-compliant strategies designed for FTMO, MFF, or other prop firm challenges, using fixed TP/SL and strict news filtering.
Conclusion
In summary, Prop Firm EA MT4 is a purpose-built automated trading solution specifically designed to help traders pass Prop Firm challenges and secure funded accounts. With built-in drawdown control, real-time market analysis, and multi-strategy adaptability, it delivers consistent performance while staying compliant with strict proprietary trading firm rules.
This EA stands out for its strong risk management, fully automated trade execution, and flexible customization options, making it suitable for both novice and experienced traders. Whether you’re targeting FTMO, MyForexFunds, or other prop firms, Prop Firm EA gives you a competitive edge with features tailored to pass evaluations confidently and efficiently.
>>> Reviewed by Jason Stap <<<
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