Prop GT EA V2.4 MT4 NoDLL
-
Minimum Deposit:
The recommended minimum deposit for using the “Prop GT EA V2.4 MT4 NoDLL” is not explicitly specified. However, it’s advisable to start with a reasonable amount to ensure effective trading.
-
Timeframe:
The EA operates on the H1 (1-hour) timeframe. This means it analyzes price movements and executes trades based on hourly candlestick data.
-
Currency Pair:
The recommended currency pair for running the “Prop GT EA V2.4 MT4 NoDLL” is EURUSD. This pair is widely traded and offers good liquidity.
-
Strategy Overview:
- Breakout Scalper Strategy: The EA’s trading strategy is primarily based on breakouts of support and resistance levels. When price breaks out of these key levels, the EA identifies potential trading opportunities.
- Minimal Drawdowns: The strategy aims to keep drawdowns to a minimum. This helps protect the trading account and ensures smoother performance during challenging market conditions.
- No Grid, No Martingale, No Risky Money Management: The EA strictly adheres to these rules, emphasizing risk management and stability.
-
PROP CHALLENGE:
- The “Prop GT EA V2.4 MT4 NoDLL” is specifically designed for passing Prop Firms’ challenges.
- It maintains specified drawdown limits and follows all rules set by the Prop Firm.
- The EA includes a PROP Controller Module to monitor key account parameters:
- Collects Prop account metrics.
- Monitors daily and maximum drawdown.
- Sends commands to prevent excessive drawdown or close orders if necessary.
- Prohibits trading if profit targets are reached.
- Ensures adherence to challenge requirements.
-
Download Links:
- You can download the “Prop GT EA V2.4 MT4 NoDLL” from our website: https://mahakaryadigital.com/product/prop-gt-ea-v2-4-mt4-nodll/
- Join our Telegram channel for updates and discussions: https://mahakaryadigital.com
Remember, successful trading involves disciplined execution, risk management, and adherence to the specified rules.
