FTMO Smart Trader EA MT4 – Free Educational Version

0
(0)

FTMO Smart Trader EA Review

In the dynamic world of forex trading, staying ahead of the curve requires innovation and a deep understanding of market dynamics. The FTMO Smart Trader EA emerges as a groundbreaking solution, blending cutting-edge AI technology with 17 years of experience in Global Trading, Brokers Tools Development, and Prop-Traders algo trading.

The Birth of a Powerful System

Merging AI Technology with Expertise

Imagine the fusion of ChatGPT's AI prowess and the wealth of experience in trading. The result? A sophisticated system tailored to conquer the FTMO challenge and craft an algo trading masterpiece for both Brokers and Prop Firms.

Strategic Brainstorming

In the inception phase, we engaged in extensive brainstorming sessions, deliberating over strategies, indicators, and effective techniques to tackle the complexities of the FTMO challenge.

FTMO Smart Trader EA

FTMO Smart Trader EA MT4 - Free Educational Version 2

FTMO Smart Trader EA MT4 - Free Educational Version 3

Version: 5.25

Terminal: MT4
Year of issue: 2023
Working pairs: EURUSD, GBPUSD
Recommended timeframe: M15
Minimum Deposit: $1000 USD

Best Brokers List

FTMO Smart Trader EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAMEREGISTERYear Founded Headquartered LeverageMinimum Deposit Regulating
FTMO Smart Trader EA MT4 - Free Educational Version 4Register2007
🇦🇺 Australia
🇨🇾 Cyprus
🇧🇸 The Bahamas
🇸🇿 Seychelles
1:1000$200ASIC, SCB, FSA
FTMO Smart Trader EA MT4 - Free Educational Version 5Register2008
🇨🇾 Cyprus
1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
FTMO Smart Trader EA MT4 - Free Educational Version 6Register2009
🇧🇿 Belize
1:2000$10FSC
FTMO Smart Trader EA MT4 - Free Educational Version 7Register2009
🇧🇿 Belize
1:3000$1IFCS
FTMO Smart Trader EA MT4 - Free Educational Version 8Register2009
🇨🇾 Cyprus
🇦🇺 Australia
🇧🇿 Belize
🇦🇪 Emirates
1:1000$5 ASIC, CySEC , IFSC
FTMO Smart Trader EA MT4 - Free Educational Version 9Register2010
🇦🇺 Australia
1:500$200FCA , ASIC, DFSA
FTMO Smart Trader EA MT4 - Free Educational Version 10Register2011
🇬🇧 England
1:500$25CySEC
FTMO Smart Trader EA MT4 - Free Educational Version 11Register2006
🇪🇭 Ireland
1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

FTMO Smart Trader EA Settings

FTMO Smart Trader EA MT4 - Free Educational Version 12

Lot Size Recommendations

  • For 25K Account: Max_LOT = 0.25-0.75
  • For 50K Account: Max_LOT = 0.5-1.5
  • For 100K Account: Max_LOT = 1-3
  • For 200K Account: Max_LOT = 2-6
  • For 300K Account: Max_LOT = 3-9

Code at the Speed of Thought

Harnessing the capabilities of AI, we generated hundreds of lines of code, meticulously compiled in MQL. This process, remarkably swift, laid the foundation for our FTMO Smart Trader EA.

Crafting a Winning Trading Bot

Key Steps to Success

  1. Brainstorming:
    • Ideation of concepts, indicators, strategies, and techniques.
  2. Coding the EA:
    • Developing an Expert Advisor aligned with the chosen concept.
  3. Testing and Debugging:
    • Rigorous testing to identify and rectify any bugs or issues.
  4. Optimization:
    • Fine-tuning the EA for positive results over several months.
  5. Iterative Refinement:
    • If initial results fall short, repeat steps 1-4 until a promising approach is found.
  6. Risk Management Integration:
  7. Feature Addition and Testing:
    • Enhancing the EA with additional functionalities, manual rules, and testing on a demo account.
  8. Further Optimization:
    • Refining ideas, eliminating unnecessary components, and conducting comprehensive optimization.
  9. Demo Account Verification:
    • Proving the concept's effectiveness on a demo account.
  10. Real Trading Commencement:

Conclusion

The FTMO Smart Trader EA is not just a trading bot; it's a culmination of innovation, experience, and relentless refinement. As it continues to navigate the

intricacies of the forex market, it stands as a testament to the power of merging AI technology with human expertise in the pursuit of trading excellence.

Download FTMO Smart Trader EA

Please try for at least a week an XM demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.

122.21 KB

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

We are sorry that this post was not useful for you!

Let us improve this post!

Tell us how we can improve this post?



Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.