Those are the July 2024 Top 3 EAs from the Prop Firm Robots App. The settings are optimized for a $100K challenge using high risk (2% per trade), with a daily drawdown protection of 4% and a profit target of 10%. If you’re using them on a challenge with different settings, please adjust the settings accordingly. Each of the three prop firm robots is optimized for a specific instrument and trading timeframe. These prop firm robots trade on the M15 timeframe and employ different technical indicators and risk management strategies to align with proprietary trading firm requirements. Here is an overview of the strategies:1. EURJPY EA
Lot Size: 4.02
Stop Loss: 76 pips
Take Profit: 98 pips
Indicators Used:
Awesome Oscillator (AO)
Bears Power (Period: 6)
Average True Range (ATR) (Period: 50)
Commodity Channel Index (CCI) (Period: 29, Level: -406)
Risk Management:
Max Daily Loss: $3,900
Max Spread, Open Positions, and Open Lots: Configurable
2. USDJPY EA
Lot Size: 5.28
Stop Loss: 58 pips
Take Profit: 100 pips
Indicators Used:
Bulls Power (Period: 34)
Bulls Power (Period: 32)
Awesome Oscillator (AO)
Candle Pattern Confirmation
Risk Management:
Max Daily Loss: $3,900
Max Spread, Open Positions, and Open Lots: Configurable
Average True Range (ATR) (Period: 27, Level: 0.0054)
Risk Management:
Max Daily Loss: $3,900
Min Equity Requirement: $92,100
Max Equity Cap: $110,050
For instructions, you can download our Free Expert Advisors Startup Guide before trading with the robots.Disclaimer: This Collection of Prop Firm Robots is for educational purposes and is free to download. Get the EAs collection and test it on a Demo account. Traders should regularly monitor the performance to ensure it aligns with expectations.
