Spready PropEdge MT5

This forex robot is designed to follow all critical conditions of a Prop Firm, which is safest way for trading. This is a Multi Currency Forex Robot .  If there is a 1M trend then EA will place an order at the beginning  of the trend based on Algorithm. This version is preliminary release with signal strength only 20%, updated version will be 100% signal strength compared with this version.

R&D is going on for next update; updated version will be release continuously with more trading functionality, mainly more strategy will be added.Update is free.

Exclusive Feature:

• Trades 28 forex pairs from 1 chart
• RISK : REWARD = 1:1 Per Trade

• Trend following EA (trend is friend for trading)
• Only 1 trade at a time for each pair
• Plug-N-Play : No optimization required, No set file required
• Every trade has SL and TP which some Prop firm requires
• Order closes based on hidden stop loss to avoid manipulation by broker
• Hard Stop Loss if hidden stop loss misses
• Daily and Account level Max Drawdown/Profit settings available for safety
• It follows Consistency rules according to Prop firm because all trades has same SL and TP amount
• Built in Spread control, no trade if the spread is too high
• New trade only between 2:00-22:00 everyday and all trade closes at 23:30 (broker server time)

• If News filter is enabled the following will happen;
• It will not open any new trade before 25 minute of Major news
• It will not open any new trade after 5 minute of Major news
• It will close all open trade before 5 minute of Major news
• If you want to activate news filter then you have to add the following link as WebRequest 
• https://www.forxanalytics.com/calendar/

• No Martingale
• No Grid
• No Averaging
• No Hedging
• No dangerous methods of money management are used

• Pairs : 1-28 Pairs (user can choose how many pairs, by default it is 28)
• Forex pair listed on the EA, has to be exactly same with the Forex Broker; but you can choose which pair you want to trade.

• If anyone wants to use this EA with other EA then do not use any Magic number which starts 11

• Timeframe: M1

• Minimum trade risk per order : 5$
• Leverage: 1:100 or higher for small initial balance (1:500 or higher is recommended)
• Recommended Initial Balance : 50$ for 1 pair (200$ for all 28 pairs)
• Type of account: Any type but Standard account is recommended (without any commission)
• Recommended Forex broker which server time is UTC/GMT +2-3 (most MT4/MT5 server time is UTC+2)

Open EURUSD 1M chart and connect the EA. No need to change anything. after 1 week trading then update other information.

About Back Test:

Back test result is mostly applicable if the EA is a grid and martingale but this EA is trend following. You can do the back test to get an idea how the EA works; but in live trading it doesn't match.