Prop GT MT4 is not just another Expert Advisor (EA); it’s your reliable companion in navigating the complexities of forex markets and prop firm challenges. With an innovative architecture and high-performance algorithms, it stands as an epitome of strategy trading designed for success. Let’s delve deeper into its features and benefits.
Key Features
- Symbol and Timeframe: Specifically designed to work on EURUSD with a 15-minute timeframe.
- Prop Controller Module: Ensures risk management and compliance with prop firm rules, such as daily and maximum drawdown limits.
- Breakout Scalper Strategy: Executes trades based on the breakout of support and resistance levels.
- Manual Trading Settings: Allows customization of StopLoss, TakeProfit, and Trailing stop settings.
- +BONUS: Trading Panel: For traders who prefer manual trading, this feature allows high-performance trailing stops.
Unique Selling Points
- Automated Forex Trading: Prop GT MT4 is a culmination of cutting-edge forex trading methods and automated trading system technology.
- Currency Trading Strategies: This EA employs a variety of currency trading strategies, including imbalance and trend following, to ensure that you get the best forex trading experience.
- Pass Your Challenge EA: Designed for passing the prop firm challenge, it’s your go-to prop firm passing EA.
- Risk Management: With settings related to forex auto trading, the EA helps manage your risk levels efficiently.
How Does It Work?
Configuration
- Setting GMT: Crucial for the EA to operate in the correct time zone. Read how to set GMT correctly here.
- Risk Settings: You can define the risk level for each trade.
Strategies
- Breakout Scalper Strategy: Focuses on the breakout of crucial support and resistance levels.
- Prop Controller Module: Collects key parameters like daily and maximum drawdown, sends commands to close all orders to prevent your account from blowing up. This module even adheres to forex currency trading system protocols.
Bonus
- Trading Panel: This bonus feature allows for manual trading with advanced settings, an added benefit for traders who want a bit of hands-on experience.
How to Pass the Prop Firm Challenge?
Prop GT MT4 comes pre-configured for the challenge. Start with a maximum risk per trade of 1% and gradually increase it if you’re not meeting the profit targets.
In Conclusion
The Prop GT MT4 combines the best of forex trading EA and prop firm challenge EAs. It provides a well-rounded, robust forex robot profit system that allows traders to not just survive but thrive in the competitive world of forex trading.
This product is a comprehensive solution for both novice and professional traders looking for an automated forex trading system that can also serve as the best expert advisor for MT4. So, if you’re into forex trading, especially with prop firms, this is the EA you’ve been waiting for.
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