https://www.mql5.com/en/market/product/74421
The commonest query I get about HFT Hacker EA is can it go 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 sort
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 stay buying and selling account that merchants can use to earn as much as 90% of their earnings.
To go the FTMO Problem, merchants should meet the next buying and selling goals:
- 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 a vast period of time to finish the FTMO Problem, however they have to go all the buying and selling goals 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 stay 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 goals because the FTMO Problem. If a dealer passes the Verification, they are going to be provided 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 here 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 observe when buying and selling. Your buying and selling plan ought to embody your entry and exit standards, in addition to your threat administration guidelines.
- Be disciplined. It is very important observe your buying and selling plan, even when it’s troublesome. This implies not overtrading, not revenge buying and selling, and never reducing your winners brief.
- Use correct threat administration. Danger administration is an important side of buying and selling. It is best to by no means threat greater than you may afford to lose on a single commerce.
- Be affected person. It takes time and follow to grow to be a profitable dealer. Do not anticipate to go the FTMO Problem in your first attempt.
Let’s examine if HFT Hacker might go: https://www.mql5.com/en/indicators/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 fee and a revenue issue of two.95. Because of this the sign could 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 attain a ten% revenue goal with a most drawdown of 5%. The sign you might have supplied has a 95.27% win fee and a revenue issue of two.95. Because of this the sign could 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 go the FTMO Problem. Nonetheless, you will need to be aware that there are different components that may have an effect on the end result of the problem, such because the dealer’s threat administration expertise and the market situations.
Listed here are some ideas for passing the FTMO Problem with this sign:
- Use correct threat administration. By no means threat greater than you may afford to lose on a single commerce.
- Be disciplined. Comply with your buying and selling plan, even when it’s troublesome.
- Be affected person. It takes time and follow to grow to be a profitable dealer. Do not anticipate to go the FTMO Problem in your first attempt.
Right here is an instance of how you might use correct threat administration with this sign:
- Assume that you’ve got a $10,000 account.
- You resolve to threat 1% of your account steadiness on every commerce.
- Because of this you’ll threat $100 on every commerce.
- If the sign offers you a purchase sign, you’ll purchase $100 price of the asset.
- If the sign offers you a promote sign, you’ll promote $100 price of the asset.
- You’d then place a cease loss order 1% under your entry value.
- If the commerce goes in opposition to you and hits your cease loss order, you’ll lose $100.
- If the commerce goes in your favor and reaches your revenue goal, you’ll take earnings.
Conclusion:
It could be attainable, in case you use your individual optimization inputs and personal information of FX. All the things is hypothetical and none of that is recommendation, it’s simply to investigate the chances, of utilizing the EA to go a prop buying and selling problem. You could do your individual analysis and due diligence.
