https://www.mql5.com/en/market/product/74421
The most typical query I get about HFT Hacker EA is can it move a prop agency problem.
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 dwell 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 targets:
- Revenue goal: 10% revenue on the preliminary account steadiness
- Most drawdown: 5% of the preliminary account steadiness
- Day by 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 move all the buying and selling targets inside 30 days of beginning the problem.
If a dealer passes the FTMO Problem, they are going to then be eligible to take part within the Verification. The Verification is a dwell buying and selling account that’s funded by FTMO. Merchants should commerce the Verification account for no less than 30 days and meet the identical buying and selling targets 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 residing 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 comply with when buying and selling. Your buying and selling plan ought to embody your entry and exit standards, in addition to your danger administration guidelines.
- Be disciplined. You will need to 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 quick.
- Use correct danger administration. Danger administration is an important facet of buying and selling. It is best to by no means danger greater than you may afford to lose on a single commerce.
- Be affected person. It takes time and follow to develop into a profitable dealer. Do not anticipate to move the FTMO Problem in your first strive.
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. Which means that the sign could be very worthwhile, however it’s also vital to notice that there’s nonetheless a 4.73% likelihood 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 supplied has a 95.27% win charge and a revenue issue of two.95. Which means that the sign could be very worthwhile, however it’s also vital to notice that there’s nonetheless a 4.73% likelihood of shedding a commerce.
The sign has the potential to move the FTMO Problem. Nevertheless, you will need to word that there are different components that may have an effect on the result of the problem, such because the dealer’s danger administration expertise and the market situations.
Listed here are some ideas for passing the FTMO Problem with this sign:
- Use correct danger administration. By no means danger greater than you may afford to lose on a single commerce.
- Be disciplined. Comply with your buying and selling plan, even when it’s tough.
- Be affected person. It takes time and follow to develop into a profitable dealer. Do not anticipate to move the FTMO Problem in your first strive.
Right here is an instance of how you might use correct danger administration with this sign:
- Assume that you’ve a $10,000 account.
- You resolve to danger 1% of your account steadiness on every commerce.
- Which means that you’d danger $100 on every commerce.
- If the sign offers you a purchase sign, you’d purchase $100 price of the asset.
- If the sign offers you a promote sign, you’d promote $100 price of the asset.
- You’d then place a cease loss order 1% under your entry worth.
- If the commerce goes towards 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 attainable, should you use your individual optimization inputs and personal information of FX. Every little thing 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. You should do your individual analysis and due diligence.
