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MACD Expert Advisor for Prop Firms

4

MACD EA for Prop Firms is an Expert Advisor designed specifically to overcome Proprietary Firms challenges such as MyForexFunds to obtain a founded account. In fact, it has specific functions to comply with the rules imposed by the companies that offer managed accounts.


- It is based on a strategy with MACD and EMA indicators that signals to the EA when to open positions

- Works on all Forex pairs, recommended on M5, M6, M10 timeframes.

- The EA should work on VPS 24/7

- Write to me privately to get the parameters already optimized by me for the various challenges and the presets to optimize

Functions for prop firm:
  • Daily and monthly drawdown control
  • Possibility to set a maximum profit target in which the EA stops (for example the 8% required by MFF to pass the first phase)
  • Possibility to backtest the number of past months in which it would have passed the challenge (via custom max, e.g. 31001 -> 31 months passed the challenge, 1 month closed positively)
  • If drawdown is reached, the EA stops and the combination of parameters is discarded (the custom max value is set to 0)
Additional features:
  • Choice of percentage to risk of the capital
  • Choice of risk and return
  • Choice of operating days and times
  • Possibility to breakeven
  • Possibility to set one or two partial TPs
  • Limit the number of maximum or minimum pips for the stop loss setting to avoid too long trades


Reviews 1
Livio Yves Chathuant
888
Livio Yves Chathuant 2023.07.21 20:40 
 

I will give my opinion later

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Alligator EA for Prop Firms is an Expert Advisor designed specifically to pass the challenges of Proprietary Firms such as MyForexFunds and obtain a founded account. In fact, it has specific functions to comply with the rules imposed by the companies that offer managed accounts. Link for tutorial, detailed description, manual and presets: https://www.mql5.com/en/blogs/post/751530 - It is based on a strategy with William's Alligator, EMA and ATR indicators that tell the EA when to open positio
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Ultimate EA for Prop Firms
Riccardo Borello
4.33 (3)
Ultimate EA for Prop Firms is an Expert Advisor specially designed to pass the challenges of Proprietary Firms like MyForexFunds and get a funded account. In fact, it has specific functions to comply with the rules imposed by companies that offer managed accounts. Link for tutorial, detailed description, manual and presets:  https://www.mql5.com/en/blogs/post/752189 New (August 2023 ): Time Grid Operativity and SuperTrend Strategy! - Choose the strategy you want to use among 6 different ones
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Livio Yves Chathuant
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Livio Yves Chathuant 2023.07.21 20:40 
 

I will give my opinion later

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Version 3.8 2023.07.21
Updated default parameters with new backtested combination
Version 3.7 2023.05.25
Fixed months counting bug: in rare cases the months closed at target were also counted as months closed in profit
Version 1.60 2023.01.23
-Fixed bug in test mode
-Added ability to recover previous month loss in backtest
-Added possibility to choose the maximum spread with which to open trades
Version 1.50 2023.01.21
- Added spread check before opening trade
Version 1.40 2022.12.07
- Added "live mode": if you attach the bot to the graph, this must be set to true; if you are testing the bot, it should be set to false.
- Added input parameter distance from average: the EA will open positions only if, when the indicator has confirmed, the price is within a certain number of pips from the moving average
Version 1.30 2022.10.11
- Added default best combo parameters for testing: use on GBPUSD M5 from January 2020 to September 2022
- Changed the input parameters: now profit target and drawdown are set as percentages
Version 1.20 2022.09.27
Added the possibility to choose the time zone of the operating hours in the input parameters
Version 1.10 2022.09.27
Aggiornamento 1.1 pubblicato: bug fixati