Pass The Prop Firm EA ReadMe File

Pass The Prop Firm EA is a Forex trading Expert Advisor (EA) designed to help traders pass the challenges of proprietary trading firms. This EA aims to assist traders in achieving consistent profits while managing the risks associated with proprietary trading. The Pass The Prop Firm EA is not developed by Forex Robot Easy Team. This code is a sample that can work similarly to the official product.

Features

• Daily maximum drawdown percentage: Input the maximum drawdown percentage for each trading day.
• Total maximum drawdown percentage: Input the maximum drawdown percentage for the entire trading period.
• Profit target: Set a specific profit target in the account currency.
• Initial lot size: Specify the initial lot size for trading.
• Account balance, equity, and currency: Get the current account balance, equity, and currency.

How It Works

1. The EA calculates the current drawdown and maximum drawdown in pips.
2. If the total drawdown exceeds the specified percentage, all positions are closed, and a message is printed.
3. If the daily drawdown exceeds the specified percentage, all positions are closed, and a message is printed.
4. If the profit target is reached, all positions are closed, and a message is printed.
5. The EA continuously calculates the drawdown based on the current price.

Usage

1. Download and install the Pass The Prop Firm EA from the official developer using MQL5.
2. Set the desired daily and total drawdown percentages, profit target, and initial lot size.
3. Run the EA on the MetaTrader platform.
4. Monitor the EA's performance and adjust the parameters as necessary.

For more detailed reviews and trading results of the Pass The Prop Firm EA, please visit Forex Robot Easy - Review: Pass The Prop Firm EA.

Please note that Forex Robot Easy Team is not the official developer of this product. We only provide a sample code that can work similarly to the official Pass The Prop Firm EA. To find the official developer and obtain the full product, please refer to MQL5.

For any questions or support regarding this code, please contact the official developer of the Pass The Prop Firm EA.