Prop firm Strategies

Hi does anyone have a good system to pass prop challenges?

Yes. I know of 3 good systems.

Focus on position sizing. Use a half decent boundary indicator. Check with mladen threads, you should be able to find something there; even a basic 20 smma channel should be enough. Stick USD and JPY pairs. Focus on position sizing; daytrading anything is hard as hell.
ex: 100K FTMO account; you risk 1% per trade. You have 5 trades to make a profit; that's a lot to expect.
Spend more time on getting your position sizing right and less time on looking for a system.
Good luck hope you find it; the statistics consistently profitable traders looks a bit grim.

Good Morning Emmanuel, care to share or at least point us into the right direction?! Thanks in advance

there are no systems, you will fail.
simple rule use your mind.

thank you boss

can you share these with us?

a smile is always welcome.

Check out this YouTube channel:

https://www.youtube.com/@futurestradingjourneyofroberta

Whatever trading system you use, adapt it to trade higher time frames; Daily ,weekly and monthly time frames. That is what I do. Less stress and pressure. For example the last two weeks have been very very good on D1 charts.

what fx value do you mean ???
but you are right
see example

No info shared,jus a d**k measuring contest

The thread is nearly 2 years old...

You might find more information here if you're really looking into prop firms.
https://www.forexfactory.com/thread/...op-firm-hub-20

Good luck.

bro i want to learn from you, the strategy, rissk management and more...... how to connect, where to look ??

There is a post in MQL5, which doing some experiment using EA for Prop firm
https://www.mql5.com/en/blogs/post/764088

best strategy is learn to trade. Prop firm is not instant money glitch

I will leave my contribution here.
I like to analyze the chart by finding patterns that tend to occur from time to time.

Since I’m a developer, I create many ideas, and during these creations I often observe situations that might be interesting. Below is a theory I created in just one day, but it may be useful:
THE STRUCTURE:

1. First, I choose a moving average, my preference is the 9-period exponential moving average (EMA).
2. From this moving average, I apply a mathematical principle called PHI (φ), where I increase the initial average by a power and repeat this 7 times, obtaining the periods of the other EMAs I need.
3. The sequence is:

9
12
15
18
21
24
27
30

This gives me eight exponential moving averages, distributed with the PHI factor. Each level can provide information about the current Fibonacci momentum, even without adding Fibonacci levels to the chart. That’s right—the distribution of EMAs through the PHI factor provides this information and much more.
For now, however, I will focus only on structuring this strategy to trade in a Prop Firm.

Time Frames
Mainly starting from the 1H chart, I like to observe when the current candle fully crosses through all these EMAs.
This means the candle will start in one extension and finish in another extension composed of all the moving averages, as shown in the image below:

Right after this trigger occurs, find the nearest low that happened in the past.
In the case of this trigger, it was this low marked in the image below:




The BUY order will only occur when this low is broken, as can be observed in the image below.



Other technical factors can be used as a filter. I will make more posts on this subject later, explaining it in detail.
However, try analyzing your chart with this simple yet very effective strategy, and you will see that in more than 95% of the cases you will achieve a beautiful victory — calm, unhurried, and very consistent.

I have only 2% drawdown left what should i do???

You have to built your own system.

What might work for others, might not work for you. This is why traders usually either learn themselves or go through different courses and create their own strategy. What is very important is proper risk management, knowing your risk appetites and risk limits. How much you are willing to lose to win, a good risk to reward. Specific pairs, specific session.

There are many factors to consider, and only you can decide this.

TIME TO LOCK IN.