Prop GT MT4 EA Review
Prop GT MT4 EA is an expert advisor designed specifically for passing prop firm challenges and generating profits while trading. It operates on the MetaTrader 4 platform and focuses on the EURUSD currency pair with a 15-minute timeframe. The EA uses a combination of strategies, including a breakout scalper strategy and a proprietary controller module that monitors key parameters of the prop account, daily and maximum drawdown, and profit targets.
Key Features
- Symbol: EURUSD
- Timeframe: M15
- Model: Every tick
- Breakout Scalper Strategy
- PROP Controller Module
- Monitors daily and maximum drawdown
- Monitors profit targets
- StopLoss distance and trailing stop functionality
Performance
The Prop GT MT4 EA has received positive reviews from users, but there is limited information available on its actual performance. It is essential to test the EA on a demo account before using it on a live account to ensure it meets your trading requirements and expectations.
Pricing
The Prop GT MT4 EA is priced at $225. It is essential to consider the cost of the EA and weigh it against the potential benefits and profits it may generate.
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Pros and Cons
Pros:
- Designed specifically for passing prop firm challenges
- Monitors key parameters of the prop account
- Breakout scalper strategy
- Customizable settings
Cons:
- Limited information on actual performance
- Relatively high price
Prop GT MT4 Conclusion
The Prop GT MT4 EA is an expert advisor designed to help traders pass prop firm challenges and generate profits while trading. It offers a combination of strategies and monitoring features to ensure the trader stays within the prop firm’s rules. However, there is limited information on its actual performance, and the price may be a concern for some traders. It is essential to test the EA on a demo account before using it on a live account to ensure it meets your trading requirements and expectations.