“Prop Firm Busters” Manual and Guidelines – My Trades – February 6, 2024

adminFebruary 6, 2024

1. How to easily pass the Prop Firm challenge.

all) Connect the EA to the chart and click “How to trade: Try it simply“. EA starts trading with minimum lot size.

rain) Now, if your EA is working ideally and your profit is positive or zero, you can change the lot size. setting “To adjust lot size: Lot by Deposit Load %“. setting Deposit Load % =90 and the lot size will be 90% of the maximum size available.

Seed) The best challenge passing time is new york session Opening hours. It is also important to follow your broker’s warnings about hyperactivity. If you receive a hyperactivity warning – Disable EA for 24 hours. Good luck!

2. Parameters.

=Settings========================

short name – A short name identifier for the trading system.
Magic – Magic number that identifies trades placed by professional advisors.

=Method Setting===============

How to trade: – Select transaction method:

Adaptive Challenge – All parameters can be changed according to specific challenge rules.
Try it simply – The fastest way to beat the Easy Challenge (the Easy Challenge prop company is listed in the description). You can only change “Magic” and “Lot Sizing Method”. (Disadvantage – you have to follow your broker’s notices about hyperactivity).

=Lot size calculation========

To adjust lot size: – Choose how to size your lot depending on the risk you are willing to take.

fixed lot – Always use fixed lots.
Account Balance Stages – EA uses minimum lot sizes for clear steps. Example: If broker minimum lot size is 0.01 and account balance is 750, then account balance step=250, EA will open 0.03 lots.
Lot by Deposit Load % – Lot sizes based on account assets and margin requirements.

fixed lot – Fixed trading position size;
Account Balance Stages – Clear steps to calculate lot size from account balance;
Deposit Load % – Value for adjusting the initial lot size.

=Input Settings=================

Initial price (points) – Orders are placed at this distance from the market.
Initial StopLoss(point) – SL is placed at this distance from the order price.

=Trailing stop settings=========

Trailing stop (point) – A SL that tracks the price when it moves in one direction (profitability) but does not move in the opposite direction (loss-making).

=Time Settings==================