Prop Firm EA V2 is a Forex robot for Metatrader 4 that finds interesting trend reversal signals using tops and bottoms with news filter.
Enjoy low drawdowns and steady growth with the Prop Firm EA.
Experiment with the default stop loss and take profit settings by modifying the inputs values.
This trading robot can be used with any Forex broker and should perform equally well across all time frames.
As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
The picture below shows the Prop Firm EA V2 expert advisor attached to the EUR/USD 1-hour chart.
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Recommendations & Specifications
- Trading instruments: 14 currency pairs, including EUR/USD, USD/CHF, NZD/JPY, GBP/USD,…
- Time frames: All time frames should works
- Minimum account balance: $500
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Magic, lots, maximum lot, risk, profit, stop loss, take profit, trailing stop, step, step type, slippage, avoid news, offset, prop period, channel period, channel deviation, signal method
How to install and run the Prop Firm EA V2 Forex robot?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the EA_Prop_Firm_V2_Fixed.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the Prop Firm EA V2!