Market Prop MT4

Market Prop is a fully automated trading expert advisor based on artificial intelligence. This EA analyzes multiple timeframes simultaneously, allowing it to find entry points for trades with a 90% probability of profit.

The Market Prop EA is ideal for trading on prop firm accounts due to its advanced algorithmic strategy, which successfully passes prop firm challenges. In each trade, the EA automatically sets stop-loss and take-profit levels, ensuring reliable risk management. The risk level for each trade can be adjusted individually.

Main Advantages:

1. AI-based Trading Strategy: The trading strategy of the EA is based on artificial intelligence for analyzing and interpreting market data, ensuring high accuracy in market entries.

2. Suitable for Prop Firms: The EA can be used both for passing prop firm challenges and for further trading on prop accounts.

3. Automatic Stop-Loss and Take-Profit Settings: In each trade, automatic stop-loss and take-profit settings ensure reliable risk management.

4. Ease of Use: Very easy to use: simply attach it to a chart and set the desired maximum allowable drawdown.

5. News Filter: The news filter prevents the opening of trades during important news events, helping to avoid volatility and unpredictable market movements.

How to Use the EA for Passing Prop Firm Challenges:

To use the Market Prop EA on a prop firm account, you need to enable the Use a drawdown limiter setting — this setting is responsible for the drawdown limiter. Also, configure the Max daily drawdown and Max drawdown based on the conditions of the prop firm you are using the EA with. These settings will prevent exceeding the allowable drawdown.

Account Parameters and Currency Pairs:

• Currency Pairs: EURUSD

• Leverage: 1:100

• Minimum Deposit: 100 USD

• Timeframe: H1

To test the EA, all you need to do is install the demo version of the EA in the terminal. The settings are already preset in the EA and can be used by default.

EA Settings Description:

• Lot: Lot size (if 0, it is determined based on the risk per trade)

• Risk percentage: Risk per trade

• Use a drawdown limiter: Enable drawdown limiter

• Max daily drawdown: Maximum daily drawdown

• Max. drawdown: Maximum account drawdown

• Use a spread limiter: Maximum spread size

• Max. number of transactions: Maximum number of simultaneous trades

• Use same signal: Open similar signals

• Use ATR filter: Use ATR indicator filter

• Period ATR: ATR averaging period

• ATR Level: ATR indicator level

• SL/TP calculation: Type of StopLoss and TakeProfit calculation

• StopLoss: StopLoss size

• TakeProfit: TakeProfit size

• Trailing calculation: Type of Trailing Stop calculation

• Trailing distance: Distance from the stop to the price for the trailing stop

• Trailing min. profit: Minimum profit in points at which the trailing stop starts working

• Slippage: Maximum slippage when opening a trade

• MagicNumber: Unique number of the EA

• Comment: Order comment