https://www.mql5.com/en/market/product/74421
The commonest query I get about HFT Hacker EA is can it move a prop agency problem. Stear clear from EA’s claiming passing in minutes or a day. No legit agency or dealer permits this.
First the problem,
FTMO Swing account kind
The FTMO Problem is a two-step analysis course of that FTMO makes use of to evaluate the buying and selling expertise of potential merchants. Step one is the FTMO Problem, which is a simulated buying and selling account that merchants can use to show their buying and selling expertise and self-discipline. The second step is the Verification, which is a reside buying and selling account that merchants can use to earn as much as 90% of their income.
To move the FTMO Problem, merchants should meet the next buying and selling aims:
Revenue goal: 10% revenue on the preliminary account steadiness Most drawdown: 5% of the preliminary account steadiness Each day loss restrict: 2% of the preliminary account steadiness
Merchants have an infinite period of time to finish the FTMO Problem, however they need to move the entire buying and selling aims inside 30 days of beginning the problem.
If a dealer passes the FTMO Problem, they’ll then be eligible to take part within the Verification. The Verification is a reside buying and selling account that’s funded by FTMO. Merchants should commerce the Verification account for not less than 30 days and meet the identical buying and selling aims because the FTMO Problem. If a dealer passes the Verification, they are going to be supplied a funded FTMO account.
The FTMO Problem is a difficult analysis course of, however it’s a nice alternative for merchants to show their expertise and earn a dwelling buying and selling the markets.
Listed below are some ideas for passing the FTMO Problem:
Have a buying and selling plan. A buying and selling plan is a algorithm that you’ll comply with when buying and selling. Your buying and selling plan ought to embrace your entry and exit standards, in addition to your danger administration guidelines. Be disciplined. It is very important comply with your buying and selling plan, even when it’s tough. This implies not overtrading, not revenge buying and selling, and never chopping your winners brief. Use correct danger administration. Danger administration is a very powerful side of buying and selling. You must by no means danger greater than you’ll be able to afford to lose on a single commerce. Be affected person. It takes time and follow to turn into a profitable dealer. Do not count on to move the FTMO Problem in your first attempt.
Let’s examine if HFT Hacker might move: https://www.mql5.com/en/alerts/1974138
Over 1300 trades with numerous quantities of margin and a number of pairs, traded inconsistently over 18 weeks.
HFT Hacker has a 95.27%-win charge and a revenue issue of two.95. Because of this the sign may be very worthwhile, however it is usually essential to notice that there’s nonetheless a 4.73% probability of shedding a commerce.
The FTMO Problem requires merchants to realize a ten% revenue goal with a most drawdown of 5%. The sign you’ve gotten offered has a 95.27% win charge and a revenue issue of two.95. Because of this the sign may be very worthwhile, however it is usually essential to notice that there’s nonetheless a 4.73% probability of shedding a commerce.
The sign has the potential to move the FTMO Problem. Nonetheless, you will need to observe that there are different elements that may have an effect on the end result of the problem, such because the dealer’s danger administration expertise and the market situations.
Listed below are some ideas for passing the FTMO Problem with this sign:
Use correct danger administration. By no means danger greater than you’ll be able to afford to lose on a single commerce. Be disciplined. Observe your buying and selling plan, even when it’s tough. Be affected person. It takes time and follow to turn into a profitable dealer. Do not count on to move the FTMO Problem in your first attempt.
Right here is an instance of how you would use correct danger administration with this sign:
Assume that you’ve got a $10,000 account. You determine to danger 1% of your account steadiness on every commerce. Because of this you’d danger $100 on every commerce. If the sign provides you a purchase sign, you’d purchase $100 value of the asset. If the sign provides you a promote sign, you’d promote $100 value of the asset. You’ll then place a cease loss order 1% beneath your entry worth. If the commerce goes in opposition to you and hits your cease loss order, you’d lose $100. If the commerce goes in your favor and reaches your revenue goal, you’d take income.
Conclusion:
It could be doable, in case you use your individual optimization inputs and personal information of FX. The whole lot is hypothetical and none of that is recommendation, it’s simply to research the chances, of utilizing the EA to move a prop buying and selling problem. It’s essential to do your individual analysis and due diligence.