Prop Challenger EA

5

Prop Challenger EA is based on candlestick formation and trading time. Prop Challenger EA's strategy is to recognize the candlestick formation and position yourself approximately 3 minutes after the New York Stock Exchange opens. The positions that are in plus are accompanied by additional purchases and tight traillingstop! EA was tested in the XAUUSD M5, H1 strategy tester and adapted to this symbol. Experience trading at the highest level. With very small draw-down and the certainty of large losses, algorithm! Please suggest your ideas in discussion. I will implement this as quickly as possible.


This EA offers features:

Test results:

Test results came from Brocker ICMarketsSC MT5 with a leverage of 500.

Recommend:

Time frame: M5, H1

Minimum lots: 0.01

Platform: MetaTrader 5

Minimum deposit: 1000

Leverage: 1:30 up to 1:1000

Account type: Hedging, Zero, Micro, Standard, Premium or ECN

Pairs: XAUUSD


Customizable Settings:

General

  • Magic number
  • Commentar

Challenge

  • Is that a challenge? (false/true)
  • Challenge Account Balance
  • Minimum Trading Days
  • Minimum Position of Day
  • Maximum Daily Loss (money)
  • Maximum Loss (money)
  • Profit Target (money)

Risk- and Moneymanagement

  • Slippage (points)
  • Max Spread? (points)
  • Fixed Lots
  • Select Risk
  • Multiply volume?

Trading start and end (00:00) Filter

  • Trading start period
  • Trading end period (Close positions at this time!)

News Filter

  • High News no trading?
  • No trading minutes before and after high news

Trading days Filter

  • Monday
  • Tuesday
  • Wednesday
  • Thursday
  • Friday

Panel Setting

  • Panell on/off? (true/false)
  • Fonts and Design

Parameter:

  • Start time 16:33 and end time 16:59 (Adjust in each country!)
  • Traillingstop very tight! (Stops level should be ZERO!)
  • Negative positions are closed by percentage or candle reversal formation!
  • Open positions will be closed at 4:59 p.m. (Adjust in each country!) Is very important for protecting the account! (Because of big spreads!)
  • Positive orders are closed percentage (strategy) depending on the risk mode
  • Entry strategy: If the current candle closes below the previous low, sell orders are placed and if the current candle closes above the previous high, buy orders are executed
  • Subsequent purchases (market) are only carried out in plus (no averaging)!!

Note: Different results can be achieved in the strategy tester with other Brockers! I take no responsibility for this!

I hope you have fun with the EA and good trades!


Avis 1
Harvey Franco
212
Harvey Franco 2025.11.14 10:02 
 

I just started backtesting, and I must say the results are amazing. I will test on live and update.

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As an experienced trader, it's crucial to have the right tools and resources to succeed in the market. Pro Trader EA offers a professional and efficient trading solution. With our innovative software, you can automate trading strategies, receive precise trading signals, and eliminate emotions. Pro Trader EA enables trading across multiple asset classes, offers real-time analytics, and a user-friendly interface. Our support team is available to answer any questions. Use Pro Trader EA to take you
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Range Breakout Box The Range Breakout Box is a powerful indicator for implementing the popular range breakout strategy. It automatically marks price ranges, detects upside or downside breakouts, and provides clear trading signals. A special highlight: The indicator simulates trades directly on the chart and statistically evaluates them. This gives you immediate insights into the hit rate, profit/loss ratio, and strategy effectiveness – transparently and practically. Use the Range Breakout Bo
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Harvey Franco
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Harvey Franco 2025.11.14 10:02 
 

I just started backtesting, and I must say the results are amazing. I will test on live and update.

Igor Widiger
25510
Réponse du développeur Igor Widiger 2025.11.14 14:06
Thank you for your feedback and best of luck with the EA. Regards, Igor.
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