The PROP GT Expert Advisor is meticulously crafted to tackle the challenges set by Prop Firms while adhering to regulations and maintaining predefined drawdown limits effectively.

Important Notes Before Testing:

• Symbol: EURUSD
• Timeframe: M15
• Model: Every tick

Ensuring the Expert Advisor operates within the correct time zone is crucial. Prior to testing, ensure proper configuration of the GMT parameter.

How to Correctly Set the GMT Parameter:

• Set the parameter during active market hours when ticks are received.
• Search for “Current GMT time” on Google and note the time displayed (e.g., 10:53).
• Open your trading terminal and note the server time of your broker (e.g., 12:53).
• Calculate the difference between the broker’s time and GMT, then set the corresponding parameter in the Expert Advisor (e.g., 12-10=2, set +2 in the advisor).

PROP Controller Module:

The Expert Advisor incorporates a specialized module to manage risks and monitor account metrics, including profit and drawdown. Key tasks of the PROP Controller module include:

• Collecting essential parameters of the Prop account.
• Monitoring daily and maximum drawdown, taking preventive measures to close all orders to prevent account depletion.
• Prohibiting order openings if drawdown approaches critical levels.
• Managing profits and issuing commands to close all orders upon reaching specified targets.
• Restricting trading until the Expert Advisor is restarted if the account is already in a profitable position.

Configuration and Features:

• Live Signal: Link

Input Parameters of the PROP Controller Module:

• Broker’s time offset relative to GMT
• Money management type (Fixed lot or Risk per transaction)
• Parameters related to PROP Firm rules

Breakout Scalper Strategy:

The EA’s trading strategy focuses on breakout strategies, complemented by a high-performance trailing stop module, resulting in minimal drawdowns and facilitating the completion of Prop Firm challenges.

PROP GT Configuration:

Fully configured for trading with five currency pairs, with customizable risk levels for each trade. Ensure proper GMT parameter settings as instructed.

Tips for Passing the Prop Firm Challenge:

Start by correctly setting up the Expert Advisor and trading only recommended currency pairs. Initially, maintain maximum risk per trade at 1% to complete the challenge risk-free. In case of rule restrictions, adjust risk levels accordingly for successive weeks.

Bonus: Trading Panel

An additional Trading Panel module is available for manual trading enthusiasts, allowing high-performance trading with trailing stops. Leave a review about Prop GT and send a private message for access.

Signal Strategies:

• Imbalance
• Trend Follow

Utilize the trading panel’s signal indicators for accurate market entry points. Manually monitor news releases and avoid trading near significant support and resistance levels.

Account and Currency Pair Parameters:

• Currency pairs: EURUSD, GBPUSD, USDJPY
• Leverage: 1:100
• Minimum deposit: $300 USD
• EURUSD spread: Up to 8 pips