Prop Firm Pass EA MT4
Introduction
The Prop Firm Pass EA MT4, also known as the “Green Man,” is a specialized Expert Advisor crafted for prop firms. It aims to pass their evaluation challenges efficiently while maintaining low drawdown and stop loss. Here are the key features:
- Purpose: Overcome prop firm evaluations.
- Strategy: HFT strategies.
- Platform: MetaTrader 4 (MT4).
- Minimum Deposit: $100 (recommended: $500).
- Timeframe: M1-H1 (recommended: M1).
- Supported Currencies: XAUUSD, EURUSD, GBPUSD (recommended).
Strategy
The Prop Firm Pass EA MT4 combines martingale and scalping techniques. It also employs stop loss (SL) and take profit (TP) levels. Let’s delve into how it takes trades:
- High-Frequency Trading (HFT): The EA detects rapid market movements and executes trades autonomously.
- Martingale: It increases position size after losses, aiming for eventual profit.
- Scalping: It targets small price movements for quick gains.
- Risk Management: SL and TP levels protect against excessive losses
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