FTMO Smart Trader EA

4

Prop Smart Trader EA is a EURUSD scalping Expert Advisor for MetaTrader 4 with a conservative risk profile, built for traders who work within prop firm drawdown and consistency rules.

How it works

The EA looks for short-term momentum entries on EURUSD (M1) during a quiet session window, 00:00–04:00 GMT+3. Trading only in this window avoids most high-impact news and the widest spreads. Every trade has a fixed Stop Loss and a Take Profit set at entry.

What it does not use

  • No Hedging
  • No averaging down

Key features

  • Time filter, so it only trades inside the set window
  • Spread filter to skip poor conditions
  • Fixed Stop Loss on every trade
  • Risk-based lot sizing, or a fixed lot if you prefer
  • Optional daily loss limit and maximum drawdown protection, to help you stay inside your prop firm's rules
  • Low trade frequency and strict risk control

Requirements

  • Platform: MetaTrader 4
  • Symbol: EURUSD
  • Timeframe: M1
  • Trading window: 00:00–04:00 GMT+3 (adjust the GMT offset input to match your broker's server time)
  • Minimum balance: $200. For prop firm accounts, $5,000 or more is recommended
  • A low-latency VPS and a low-spread ECN or raw-spread broker are strongly recommended

Setup

  1. Attach the EA to an EURUSD M1 chart.
  2. Allow automated trading.
  3. Set your risk percentage and GMT offset.
  4. Leave it running on a VPS.

Default settings are ready to use. Set files are available on request.

Prop firm use

The risk controls are designed to help you stay within common prop firm limits. Rules differ between firms and change over time, so check your firm's current rules on EAs, news trading and trade duration before using any automated system.

Backtest note

Backtest on EURUSD M1 using real ticks, with [period] and [broker/quality], showed a maximum drawdown of about [X]%. Past results do not guarantee future performance, and results vary by broker, spread and slippage. Test on a demo account first.

Support

Send questions or set-file requests by private message or in the Comments section. I reply to everything there.

Risk warning: Trading leveraged products carries a high risk of loss. This EA does not guarantee profit or that you will pass any prop firm challenge. Prop Smart Trader EA is not affiliated with or endorsed by any prop trading firm.

Reviews 4
Darryl Brown
358
Darryl Brown 2023.04.19 03:22 

Looking good so far....bought it yesterday and will try it on a prop firm soon.

Livio Yves Chathuant
1018
Livio Yves Chathuant 2023.02.13 23:01 

GREAT

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247stocknow
192
247stocknow 2024.02.01 14:01 

Bought this product after asking the developer if this would work on my prop firm account(s) and they said yes. Once I bought the product, the developer said the product don't work and I would have to buy another one. I asked if I could get my money back and they said no. They kept wanting me to buy the other product from a different site. I asked why they have this product up if it don't work anymore and they didn't give me a response on why they have this product up if it don't work. They just told me to buy another program. Wish I could show the screenshots of our conversation.

Tshivhidzo Moss Mbedzi
3921
Reply from developer Tshivhidzo Moss Mbedzi 2024.02.01 15:04
I DIDN'T SAY YOU HAVE TO BUY ANOTHER ONE I SAID I WOULD TRY TO MAKE THINGS WORK, AND I WILL MAKE SET FILES FOR YOU. YOU JUST MISUNDERSTOOD ME
Mohammed Sadeq Ahmed
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Mohammed Sadeq Ahmed 2023.10.16 01:04 

User didn't leave any comment to the rating

Darryl Brown
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Darryl Brown 2023.04.19 03:22 

Looking good so far....bought it yesterday and will try it on a prop firm soon.

Livio Yves Chathuant
1018
Livio Yves Chathuant 2023.02.13 23:01 

GREAT

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