What is TS Prop Firm EA?
TS Prop Firm EA is meticulously designed to cater to the needs of High-Frequency Trading (HFT) Prop Trading Firms, specifically tailored to meet challenge conditions, work on Meta Trader 4 platform. Expert Advisor supports trading on the EURUSD, XAUUSD, and US30 pairs, with time frame H1, offering flexibility and versatility. Traders can select from three risk levels: Low, Medium, and High, enabling customization based on individual risk tolerance. A notable feature of the EA is its protection mechanism during significant news events. When high-impact news is released, the robot refrains from opening positions for 60 minutes before and after the news, ensuring optimal risk management during volatile market conditions.
Vendor website: https://www.mql5.com/en/market/product/107965
Original price: $499
ForexEAsMall price: $23 (you save 96%)
Key Takeaways:
- TS Prop Firm EA is designed for High-Frequency Trading (HFT) Prop Trading Firms, supporting EURUSD, XAUUSD, and US30 pairs on the Meta Trader 4 platform with customizable risk levels.
- The Expert Advisor includes a protection mechanism during high-impact news events, refraining from opening positions for 60 minutes before and after the news to manage risk during volatile market conditions.
- It is recommended to run the robot on a VPS for 24-hour connectivity and to test it on a demo account before deploying it on a real account, with a minimum deposit of $1000 and leverage of 1:30 up to 1:1000.
TS Prop Firm EA Setting / Feature
- Used on platform: MetaTrader 4
- Currency pairs support: EURUSD, XAUUSD, US30.
- Time frame: H1.
- Minimum lots: 0.01.
- Minimum deposit of $1000.
- Leverage of 1:30 up to 1:1000.
- Recommend running the robot on a VPS so that it stays connected for 24 hours and testing the robot on a demo account before adding it to a real account.
TS Prop Firm EA Review
How to install and run the TS Prop Firm EA Trading Bot in Metatrader 4?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the TS Prop Firm v1.0.ex4 file here
- Then close and restart the MT4 platform
- Attach the Expert Advisor to the chart
Now, you are ready to start using the TS Prop Firm v1.0 MT4!
Note Important Parameters:
- Filter news – USD, EUR
- Custom comments – the ability to specify your own trade comments
- Risk percent – selecting the size of the lots based on the risk percentage
- Select risk mode – three modes to select the risk, low, medium and high
- Trailing Stop and Step – Trailing options for Low, Medium and High mode
- Orders Step – distance in points between trades
- Trade Hours – choose the days and hours that EA will work (Local time-PC)
- Max Spread – spread filter is an additional safeguard for trading
- Lots – lot size of opened trades
- Take Profit – take profit in pips
- Stop Loss – stop loss in pips
- Max Drawdown – the maximum drawdown on the account is set at 4%
- Orders Profit – profit in account currency for a positions to be closed
- Magic No – identification number for trades opened by the instance of the strategy
- Allow trading in holidays – when news filter is active, this function allow to open new trades from new cycles during holidays
- NewsFilter – activation of news filter for blocking new trades
- Disable EA after loss – after reaching the MaxDD loss, the robot will stop opening new positions until the following day
doNotTradeBefore/AfterInMinutes – minutes before and after the news during which EA cannot place new trades - ReportFor USD/EUR (true/false) – choice of the currency for which the news are included in the filter
AllowTradingOnHolidays – when news filter is active, this function allow to open new trades from new cycles during holidays
Please use a demo account before trading with a real account.
TS Prop Firm EA Download
Link download TS Prop Firm EA v1.0 MT4 Without DLL Build 1420+ will be sent to your email after purchase.
+ Expert :
- TS Prop Firm v1.0.ex4
- Unlimited / NoDLL
- Free 1 Year Updates
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Check EA on Demo Account:
- The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.
- Before use, please test the EA on a demo account first.
- Profits are not guaranteed, and for success, risk management, emotional control, and a steadfast attitude are crucial.
Please test in a demo account first for at least a week. Also, familiarize yourself with and understand how this EA works, then only use it in a real account.
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