Prop target EA
- Experts
-
Bala Israel Aji
A fan of what doesn't exit -perfection! - Version: 1.6
- Activations: 10
Prop Target EA – Automated Trading Based on Your Desired Profit Goal
Trade Smarter with Goal-Based Automation
This Expert Advisor is designed for traders who prefer a simple and objective approach to automated trading. Instead of using traditional Stop Loss and Take Profit levels, the EA allows you to define a specific profit amount you want to achieve.
Simply enter your desired profit target in the EA inputs, and the system will automatically manage trades until the specified profit objective is reached.
Key Features
- ✅ Fully automated trading
- ✅ User-defined profit target amount
- ✅ Simple and easy-to-use settings
- ✅ No fixed Stop Loss or Take Profit required
- ✅ Designed for traders seeking profit-goal-based automation
- ✅ Suitable for testing on personal, demo, and evaluation accounts
- ✅ Minimal user intervention after setup
Unique Profit Target Input
Unlike many Expert Advisors that require traders to configure multiple trade management parameters, this EA simplifies the process.
In the EA settings, you can enter the exact profit amount you wish to achieve.
Example:
- Profit Target = $50
- Profit Target = $100
- Profit Target = $500
Once the target is reached, the EA manages positions according to its programmed logic, helping traders maintain a disciplined and objective trading approach.
Backtest Highlights (EURUSD M15)
- Total Trades: 88
- Winning Trades: 93.18%
- Profit Factor: 3.25
- Net Profit: $1,706.40
- Short Trade Win Rate: 97.83%
- Long Trade Win Rate: 88.10%
- Maximum Winning Streak: 57 Trades
- Maximum Relative Drawdown: 16.06%
These historical test results demonstrate strong profitability and consistency under the tested market conditions.
Who Is This EA For?
- Traders who prefer automated profit-based trading.
- Traders looking for a simple "set your goal and let the EA work" approach.
- Traders evaluating strategies for funded account programs.
- Traders who want to remove emotional decision-making from trading.
Important Notice
⚠️ This EA must be thoroughly tested on a Demo Account before being used on any Live Account.
Market conditions vary, broker conditions differ, and historical performance does not guarantee future results. Every trader should verify the EA's behavior, risk profile, and compatibility with their broker before deploying it on real funds.
Risk Disclaimer
Trading foreign exchange and CFDs carries a high level of risk and may not be suitable for all investors. You are responsible for your own trading decisions and risk management. Always perform adequate testing and understand the EA's operation before live deployment.
MQL5 Market Short Description
Prop Target EA is an automated trading solution that allows traders to specify the profit amount they want to achieve directly from the EA inputs. The system then executes and manages trades according to its internal strategy logic. Easy to configure, fully automated, and designed for traders who prefer a goal-based approach to trading.
Demo testing is strongly recommended before live trading.
