FREE Prop GT EA V1.5 MT4

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Prop GT EA V1.5 is an advanced trading robot built for MetaTrader 4 that aims to help traders pass prop firm challenges. With built-in risk management features, it maximizes the chances of hitting profit targets while adhering to strict drawdown limits.



This EA is designed for both the evaluation and funded stages of prop firm accounts, such as FTMO, MyForexFunds, and others. The advanced algorithms and customizable settings make it a top choice for traders seeking consistency and safety in meeting the trading conditions of prop firms.

Recommended Settings​

• Leverage: 1:100 or as required by the prop firm
• Account Type: Standard or ECN
• Starting Balance: Depends on the evaluation phase target (typically $10,000 or higher)
• Risk Settings: Default or adjusted to fit the specific drawdown limits of the prop firm
• Timeframe: M15, M30, H1, H4 (depending on market volatility and challenge phase)
• Currency Pairs: EURUSD, GBPUSD, USDJPY, USDCAD, AUDUSD

Features of Prop GT EA V1.5 for MT4​

1. Built for Prop Firms: Designed specifically to meet the strict rules of prop firm evaluations, such as maximum daily drawdown and overall drawdown limits.
2. Dynamic Risk Management: Automatically adjusts the risk based on current market conditions to ensure compliance with firm regulations.
3. Profit Targeting: Focuses on achieving the required profit target within the evaluation period without taking excessive risks.
4. Low Drawdown: Implements advanced algorithms to keep drawdowns low, staying within prop firm boundaries.
5. High Frequency of Trades: Capable of placing multiple trades during the day, ensuring that the target is reached within the challenge timeframe.
6. User-Friendly Interface: Easy-to-use interface with detailed statistics showing key metrics, such as daily and total profits, number of trades, and current drawdown.

Prop GT EA V1.5 ​

Prop GT EA V1.5 utilizes a blend of trend-following and breakout strategies to capture quick profits in volatile market conditions. By using technical indicators and price action analysis, the EA identifies entry and exit points that provide high-probability trades. The EA is designed to close trades quickly, reducing exposure to the market while ensuring that profit targets are achieved in a short period. Stop-loss and take-profit levels are dynamically set based on real-time market conditions, providing traders with protection while maximizing returns.

Performance and Drawdowns​

As shown in the performance graph, Prop GT EA V1.5 effectively manages drawdowns while maintaining steady growth. During backtesting and live evaluation phases, the EA has demonstrated minimal drawdowns of less than 5%, keeping within the prop firm’s restrictions. The balance curve shows a gradual increase, indicating the EA’s ability to generate consistent profits over time, even in volatile market conditions.

With a maximum daily drawdown of only 0.00% during testing, Prop GT EA V1.5 ensures that traders stay well within the prop firm’s challenge limits while pursuing the profit target. The EA’s risk control ensures that even during losing trades, the overall account equity remains stable.

Conclusion​

Prop GT EA V1.5 is an excellent choice for traders seeking to pass prop firm challenges while minimizing risks. Its unique ability to balance profit generation with strict risk management makes it one of the best tools for traders looking to get funded by prop firms. By leveraging the built-in features, such as dynamic risk management and precise trade entries, you can confidently approach prop firm challenges with a higher probability of success.