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Forex EA for prop firm

  • #1
  • First Post: Oct 11, 2023 10:41am Oct 11, 2023 10:41am
Hi all,

I am currently looking for a fx EA that passes prop firm challenges and can make consistent money. Can anyone recommend one with the settings etc.

thanks!
  • #2
  • Oct 11, 2023 12:39pm Oct 11, 2023 12:39pm
Yeach...who isn't.
  • #3
  • Oct 11, 2023 7:31pm Oct 11, 2023 7:31pm
Quoting fx.II
Hi all, I am currently looking for a fx EA that passes prop firm challenges and can make consistent money. Can anyone recommend one with the settings etc. thanks!

You do not need any fx EA.

You need a strategy that has a Winning Statistical Edge.

Attached Image (click to enlarge)
Click to Enlarge Name: 2R Expectancy.png Size: 45 KB


You also do not need any prop firm funding.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #4
  • Oct 12, 2023 1:43am Oct 12, 2023 1:43am
Quoting BataviaTrade
Yeach...who isn't.
why so bitter?
  • #5
  • Oct 19, 2023 7:38pm Oct 19, 2023 7:38pm
Quoting fx.II
Hi all, I am currently looking for a fx EA that passes prop firm challenges and can make consistent money. Can anyone recommend one with the settings etc. thanks!
Yeah I do have one, and you can see the account I linked it is ran by an EA
  • #6
  • Oct 24, 2023 4:18am Oct 24, 2023 4:18am
Quoting emmanuel7788
{quote} You do not need any fx EA. You need a strategy that has a Winning Statistical Edge. {image} You also do not need any prop firm funding. ...

Without knowing probabilities of outcomes this is useless. Try to play coin toss game with this knowledge when probabilities of heads and tails are unknown..
  • #7
  • Oct 24, 2023 5:53am Oct 24, 2023 5:53am
Quoting pizd0s
{quote} Without knowing probabilities of outcomes this is useless. Try to play coin toss game with this knowledge when probabilities of heads and tails are unknown..
You are right.

We can simply use any candle like it is a coin and toss that 'coin' to decide buy or sell and with a Risk: Reward 1:5, the outcome would be good. If the previous candle is bull, that would be buy trigger and if the previous candle is bear, that would be sell trigger .... and use SL -1R and TP +5R.

Example
Attached Image (click to enlarge)
Click to Enlarge Name: YourEA AJn H4 jan to Oct 2023 RR1-5 24-10-2023 2-20-54 pm.png Size: 20 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #8
  • Jan 30, 2024 8:41am Jan 30, 2024 8:41am
A strategy is more crucial than an expert advisor because it sets the overall plan and logic, while an expert advisor only automates specific tasks within that plan. Without a solid strategy, an expert advisor can't perform effectively.
  • #9
  • Jan 30, 2024 10:22am Jan 30, 2024 10:22am
Quoting fx.II
{quote} why so bitter?
Cos Novice optimism reminds more experienced traders of their own starry eyed and totally misguided beginnings...

....and it's painful to us.
  • #10
  • Last Post: Jan 31, 2024 12:47pm Jan 31, 2024 12:47pm
Quoting fx.II
I am currently looking for a fx EA that passes prop firm challenges and can make consistent money.

LOL - if you had one that worked, what would you do with it? Sell multiple copies of it for $100 or $200, or use it yourself and get $1,000,000 or $2,000,000 in funding?

Are you really naïve enough not to have thought it through, or are you just trolling?
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