Forex Prop Firms AI EA MT5 - The Power Of Artificial Intelligence

Forex Prop Firms AI EA MT5 – The Power Of Artificial Intelligence

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Forex Prop Firms AI EA Review

In recent years, the use of automated trading systems has increased significantly in the Forex market. With the rise of technological advancements, traders are now able to trade the financial markets with ease and convenience using trading robots. Among the trading robots available in the market, Forex Prop Firms AI EA stands out as one of the most innovative and efficient trading robots.

What is Forex Prop Firms AI EA?

Forex Prop Firms AI EA is a trading robot designed to help Forex traders maximize their performance in the financial markets. The robot is equipped with advanced algorithms and artificial intelligence that analyze market data and make informed trading decisions. It can identify market movement patterns and trends and execute trades quickly and precisely.

The name "Prop Firms AI EA" is inspired by the legendary bird that rises from its ashes. This symbolizes the robot's ability to adapt to changing market conditions. The robot is designed to help traders achieve the performance targets required to receive funding from Prop Firms. The robot's risk management system is designed to minimize losses and protect capital, which is essential for long-term success in the Forex market.

Best Brokers List 

The Forex Prop Firms AI EA 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
Forex Prop Firms AI EA MT5 - The Power Of Artificial Intelligence 2
Register2007
🇦🇺 Australia
🇨🇾 Cyprus
🇧🇸 The Bahamas
🇸🇿 Seychelles
1:1000$200ASIC, SCB, FSA
Forex Prop Firms AI EA MT5 - The Power Of Artificial Intelligence 3Register2008
🇨🇾 Cyprus
1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
Forex Prop Firms AI EA MT5 - The Power Of Artificial Intelligence 4Register2009
🇧🇿 Belize
1:2000$10FSC
Forex Prop Firms AI EA MT5 - The Power Of Artificial Intelligence 5Register2009
🇧🇿 Belize
1:3000$1IFCS
Forex Prop Firms AI EA MT5 - The Power Of Artificial Intelligence 6Register2009
🇨🇾 Cyprus
🇦🇺 Australia
🇧🇿 Belize
🇦🇪 Emirates
1:1000$5 ASIC, CySEC , IFSC
Forex Prop Firms AI EA MT5 - The Power Of Artificial Intelligence 7Register2010
🇦🇺 Australia
1:500$200FCA , ASIC, DFSA
Forex Prop Firms AI EA MT5 - The Power Of Artificial Intelligence 8Register2011
🇬🇧 England
1:500$25CySEC
Forex Prop Firms AI EA MT5 - The Power Of Artificial Intelligence 9Register2006
🇪🇭 Ireland
1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

Forex Prop Firms AI EA Settings

Forex Prop Firms AI EA MT5 - The Power Of Artificial Intelligence 10

 

Symbols setting

symbols = Name of the pairs on which you wish the bot to trade
symbol suffix = A string to be appended at the end of the symbol name
symbol prefix = A string to be added at the start of the symbol name

Performance

balance risk % = The percentage of the balance that will be used for each trade
minimum lot size = The minimum trading lot size
maximum lot size = The maximum trading lot size
Market Fluctuation = Higher number will reduce the open positions in the same symbol
max spread allowed for opening trades = set the maximum spread for you trades
Min distance between trades of same pair (points) = you can set the minimum distance between the opening price

Bot identification settings

magic number = A special value associated with each position this EA takes
order comment  = If desired, write a brief comment on the orders

Trailing settings

Trailing pips, 0:off = Trailing pips means the SL will follow the price with tihs distance
Trailing Start in pips  = When the current price is above the open price about X pips the trailing starts

Martingale main settings

Turn on Martingale = This option activates the martingale.
Method for calculating TP for martingale*  = You may select how to set the TP of martingale orders using these inputs

  1. Set on average of all TPs = Establish the closing level in the average of all TPs *
  2. Set all TP at initial TP = Put every TP at the final order TP level
  3. Set TP on previous order open price = TPs are set to the last order open price
  4. Distance of previous order open price = Set the TP in percentage terms from the last order open price and the current price

Continue Martingale based on signal settings

Only continue Martingale when the signal comes = This option uses the RSI to determine when to begin new trades
Timeframe_rsi_martingale_signal = RSI timeframe setting
RSI period = Period of RSI for filtration
RSI low value = Low filter value level for RSI
RSI high value  = High filter value level for RSI
Reverse RSI = In this case, the high and low numbers are reversed

Profit calculation setting for Martingale

Profit type = How much money you'll make after all martingales are closed. where you can select whether it's in percent of the balance or in US dollars
Profit (USD) after closing Martingale positions = If you choose USD, the profit is calculated using this number
Profit (% of balance) after closing Martingale positions = If you choose % of balance, this amount is used to determine the profit

Prop Firms Options:

Not open trades after max draw down = if equal -1.0 disable, if you set for instance on 20 then reaching 20% drawdown it will not open positions
Close open trades after max draw down = Set it on true and If draw down reaches the specified draw down above, it will close the positions
Add TP and SL random pip = Set it on true, the EA will  Add random pip to SL and TP in case of making difference between open positions
Closing on Weekend at hour = if equal to -1.0 disable, if for instance set it on 19 it will close trades Friday on 19 hour (0-24 hour scale)

Main Features of Forex Prop Firms AI EA

Forex Prop Firms AI EA has several features that make it stand out from other trading robots. These features include:

  1. No Grid or Martingale: Forex Prop Firms AI EA does not use the Grid or Martingale trading strategy. These strategies are often associated with high-risk trading and can lead to significant losses.
  2. Standard TP/SL Ratio: The robot uses a standard Take Profit/Stop Loss ratio to ensure that profits are locked in and losses are minimized.
  3. Stop-Loss Orders for Each Trade: Forex Prop Firms AI EA uses stop-loss orders for each trade to minimize losses and protect capital.
  4. Capital Risk Management: The robot's risk management system is designed to minimize losses and protect capital, which is essential for long-term success in the Forex market.
  5. User-Friendly Expert Advisor: Forex Prop Firms AI EA is user-friendly and can be easily integrated with the Meta trader platform, making it accessible to traders of all experience levels.
  6. Default Optimized Settings: The robot's default settings are optimized for maximum performance, and no further optimization is necessary.
  7. Full-Service Forex System: Forex Prop Firms AI EA is a full-service Forex system that manages all elements of automatic trading.
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Advantages of Forex Prop Firms AI EA

Forex Prop Firms AI EA offers several advantages for Forex traders. These advantages include:

  1. High Efficiency: The robot's advanced algorithms and artificial intelligence allow it to analyze market data and make informed trading decisions quickly and precisely.
  2. Risk Management: The robot's risk management system is designed to minimize losses and protect capital, which is essential for long-term success in the Forex market.
  3. User-Friendly: Forex Prop Firms AI EA is user-friendly and can be easily integrated with the Meta trader platform, making it accessible to traders of all experience levels.
  4. Customizable Features: The robot's flexible settings and customizable features make it a versatile tool that can be adapted to different trading styles and preferences.
  5. No Optimization Required: The robot's default settings are optimized for maximum performance, and no further optimization is necessary.

Forex Prop Firms AI EA Results

Forex Prop Firms AI EA MT5 - The Power Of Artificial Intelligence 11 Forex Prop Firms AI EA MT5 - The Power Of Artificial Intelligence 12 Forex Prop Firms AI EA MT5 - The Power Of Artificial Intelligence 13

Conclusion

Forex Prop Firms AI EA is an innovative trading robot designed to help Forex traders maximize their performance in the financial markets. The robot is equipped with advanced algorithms and artificial intelligence that analyze market data and make informed trading decisions. Its risk management system is designed to minimize losses and protect capital, which is essential for long-term success in the Forex market. The robot is user-friendly and can be easily integrated with the Meta trader platform.

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Forex Prop Firms AI EA Free Download

We highly recommend trying The Forex Prop Firms AI EA with ICMarket demo account. Also, familiarize yourself with and understand how this system works before using it on a live account.

To ensure the proper functioning of this forex robot, please note that it requires the “missing32.dll” DLL file to be placed in the root of MT5. However, we are not the authors of these files. To keep your PC safe, we highly recommend installing MT5 on a virtual machine and running the EA through it.

 

9.06 Mb

Password: Forexwikitrading.com

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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.