Prop Buying and selling – Buying and selling Methods – 5 October 2023

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https://www.mql5.com/en/marketplace/product/74421

The commonest query I am getting about HFT Hacker EA is can it cross a prop company problem.

First the problem, 

FTMO Swing account sort

The FTMO Problem is a two-step analysis procedure that FTMO makes use of to evaluate the buying and selling talents of possible buyers. Step one is the FTMO Problem, which is a simulated buying and selling account that buyers can use to turn out their buying and selling talents and self-discipline. The second one step is the Verification, which is a are living buying and selling account that buyers can use to earn as much as 90% in their earnings.

To cross the FTMO Problem, buyers should meet the next buying and selling targets:

  • Benefit goal: 10% benefit at the preliminary account steadiness
  • Most drawdown: 5% of the preliminary account steadiness
  • Day-to-day loss restrict: 2% of the preliminary account steadiness

Investors have an infinite period of time to finish the FTMO Problem, however they should cross the entire buying and selling targets inside 30 days of beginning the problem.

If a dealer passes the FTMO Problem, they’re going to then be eligible to take part within the Verification. The Verification is a are living buying and selling account this is funded via FTMO. Investors should industry the Verification account for no less than 30 days and meet the similar buying and selling targets because the FTMO Problem. If a dealer passes the Verification, they’re going to be presented a funded FTMO account.

The FTMO Problem is a difficult analysis procedure, however this can be a nice alternative for buyers to turn out their talents and earn cash buying and selling the markets.

Listed here are some guidelines for passing the FTMO Problem:

  • Have a buying and selling plan. A buying and selling plan is a algorithm that you’re going to observe when buying and selling. Your buying and selling plan will have to come with your access and go out standards, in addition to your possibility control regulations.
  • Be disciplined. It is very important observe your buying and selling plan, even if it’s tricky. This implies now not overtrading, now not revenge buying and selling, and now not slicing your winners quick.
  • Use correct possibility control. Chance control is a very powerful side of buying and selling. You will have to by no means possibility greater than you’ll manage to pay for to lose on a unmarried industry.
  • Be affected person. It takes time and apply to turn into a a success dealer. Do not be expecting to cross the FTMO Problem for your first take a look at.

Let’s have a look at if HFT Hacker may cross:    https://www.mql5.com/en/indicators/1974138

Over 1300 trades with more than a few quantities of margin and more than one pairs, traded unevenly over 18 weeks. 

HFT Hacker has a 95.27%-win fee and a benefit issue of two.95. Because of this the sign may be very winning, however it is usually necessary to notice that there’s nonetheless a 4.73% probability of dropping a industry.

The FTMO Problem calls for buyers to reach a ten% benefit goal with a most drawdown of five%. The sign you could have equipped has a 95.27% win fee and a benefit issue of two.95. Because of this the sign may be very winning, however it is usually necessary to notice that there’s nonetheless a 4.73% probability of dropping a industry.

The sign has the prospective to cross the FTMO Problem. Alternatively, you will need to notice that there are different elements that may have an effect on the result of the problem, such because the dealer’s possibility control talents and the marketplace stipulations.

Listed here are some guidelines for passing the FTMO Problem with this sign:

  • Use correct possibility control. By no means possibility greater than you’ll manage to pay for to lose on a unmarried industry.
  • Be disciplined. Apply your buying and selling plan, even if it’s tricky.
  • Be affected person. It takes time and apply to turn into a a success dealer. Do not be expecting to cross the FTMO Problem for your first take a look at.

This is an instance of the way you must use correct possibility control with this sign:

  • Think that you’ve a $10,000 account.
  • You make a decision to possibility 1% of your account steadiness on every industry.
  • Because of this you possibly can possibility $100 on every industry.
  • If the sign offers you a purchase sign, you possibly can purchase $100 value of the asset.
  • If the sign offers you a promote sign, you possibly can promote $100 value of the asset.
  • You possibly can then position a forestall loss order 1% underneath your access worth.
  • If the industry is going in opposition to you and hits your forestall loss order, you possibly can lose $100.
  • If the industry is going on your prefer and reaches your benefit goal, you possibly can take earnings.

Conclusion:

It can be imaginable, should you use your individual optimization inputs and personal wisdom of FX.  The entirety is hypothetical and none of that is recommendation, it’s only to investigate the chances, of the use of the EA to cross a prop buying and selling problem.   You should do your individual analysis and due diligence. 

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