TA PropX v1

TA PropX v1 by Tripathi Algorithms

Professional Tokyo Session Range Breakout Expert Adviser for MetaTrader 5

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STRATEGY OVERVIEW
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TA PropX trades the Tokyo session range breakout using advanced 
risk management. The EA identifies the range between 03:00-06:00 
server time and trades breakouts with fixed risk per position.

✓ No Martingale | No Grid | No Hedging
✓ One Trade at a Time | Clean Logic
✓ Fixed Risk Model - Consistent Results
✓ Advanced Drawdown Protection System

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KEY FEATURES
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• Fixed Risk Technology: Set exact USD risk per trade
• Virtual Capital System: Trade smaller capital on larger accounts
• Dual Drawdown Protection: Daily & Total DD limits
• Auto Position Sizing: Calculates lot size based on risk
• Session Filter: Trades only Tokyo session range
• Auto Close: All positions closed at 18:00 server time
• Slippage Control: Configurable deviation protection
• News Filter: Optional trading during news events

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BACKTEST PERFORMANCE: 01 Aug 2024 - 31 Jul 2026
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Symbol: USDJPY | Period: M15 | Deposit: $25,000 but used margin $15,000 for this backtest
Modeling: Every tick | Spread: Real ticks

Initial Deposit:     $25,000.00
Total Net Profit:    $2,515.07
Profit Factor:       1.17
Max Drawdown:        5.55% ($1,580.80)
Total Trades:        657
Win Rate:            42.31%
Recovery Factor:     1.59
Sharpe Ratio:        1.72
Expected Payoff:     $3.83

Virtual 15K Account Results:
Net Profit:          $1,509.04 (+10.06%)
Max Drawdown:        5.55% ($832.50)
Daily Drawdown:      Under 4%

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WHY TA PROPX?
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1. PropFirm Ready: 5.55% max DD, well under 10% limit
2. Consistent: 657 trades over 2 years, stable equity curve
3. Safe: Fixed $ risk, max 11 consecutive losses = -$240 only
4. Proven: Tested on real tick data with 0.80 slippage
5. Professional: Clean code, no hidden logic, full transparency

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RECOMMENDED SETTINGS
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Minimum Deposit:     $10,000
Recommended Pairs:   USDJPY only
Timeframe:           M15
Broker:              5-digit, Low Spread ECN
VPS:                 Recommended for 24/5 operation

Default Settings Optimized for:
15K Account: FixedRiskAmountUSD 
25K Account: FixedRiskAmountUSD 
50K Account: FixedRiskAmountUSD 

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INPUTS EXPLAINED
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FixedRiskAmountUSD:  Risk per trade in USD
VirtualAccountPercent: 60.0 - Use 60% of deposit for calculations
MaxDailyLossPercent: 4.0 - Daily DD limit
MaxTotalLossPercent: 9.0 - Total DD limit
SlippagePoints: 80 - Max slippage 0.80

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IMPORTANT NOTES
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• Past performance does not guarantee future results
• Trading foreign exchange carries high risk
• Always test on demo account first for 2+ weeks
• Recommended to use VPS for stable connection
• Results may vary between brokers due to spread/slippage

Developed by Tripathi Algorithms
Professional Trading Solutions Since 2026

Support: Contact via MQL5 Messages
Updates: Free for all buyers
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