1. EA can trade with every brokers: But I strongly recommend some trusted brokers that I tested it before:
– Tickmill: https://bit.ly/AdvancedTickmill
Live Signal: https://www.mql5.com/en/signals/1587588
– ICMarkets
– Pepperstone
More my reviews about forex brokers in here
2. The fast VPS with low ping: I recommend Chocoping VPS
3. Your time and Your patience: Unlike other risk strategies. When using the strategy with Taking Profit / Stop Loss on each order, profits will not be able to increase in a straight line. There will be ups and downs naturally, but the mid – long term profit from 1 – 2 months will usually always be positive.
4. Set up News Filter:
Add the following 1 URL’s to the MT4/MT5’s settings (Tools -> Options -> Expert Advisors -> Allowed URL’s):
https://nfs.faireconomy.media
These are necessary for the news filter.
5. Money Management: Usually, this time will take place in 1-2 months depending on the stage. If you are still confident and want to use real money, please follow this recommend and minimum capital:
| Minimum Deposit | $300/0.01 lot/ 3 pairs |
| Recommend Deposit | $500/0.01 lot/ 3 pairs for Auto lot |
6. For Brokers with suffix, prefix: You need to type the exact symbol with suffix,prefix in the Symbol seperated by comma field instead of leaving 2 pairs as default. For example: AUDCAD.ecn,AUDNZD.ecn instead of just keep AUDCAD,AUDNZD
7. Panel
Below the information display panel there are 2 function buttons:
– New Orders: The EA will stop opening new orders after closing old orders (users manually close orders or wait for EAs to process and close orders)
– Close Orders: EA closes all existing orders that EA is managing immediately. The EA will then stop opening new orders until the user presses this button again
8. Parameters:
— Account Management (Prop Trading Firms Challenge) Parameters —
Hard Stop Loss Range: Magic (Close all orders when DD is reaching, manage by Magic number)/ Whole_order (Close all orders when DD is reaching, manage by all your account)/ Off
Hard Stop Loss (in Money): Close all orders when DD reaches threshold (in money by balance)
Hard Stop Loss (%): Close all orders when DD reaches % balance
Stop trading after Hard Stop Loss: Stop trading with EA after cutting all loss orders
Stop open New Orders by Panel: Stop open New Orders after cutting all loss orders by push on “New Orders” button on Panel
Stop open New Orders without Panel: Stop open New Orders after cutting all loss orders by inside EA. But you will need re-attach EA to make it can work again
— EA Basic Parameters —
Orders Comment
Symbol Seperated by comma: Multicurrency pairs trading
Lot Size Style: 1. Fixed Lot/ 2. Autolot by Balance
Initial Lot: Lot size that EA can open. Depend on Lot Size Style
Balance Step: The level of capital growth so that the EA can open orders with the function 2. Autolot by Balance. Take for example: Balance Step = 100. Initial Lot = 0.01. This means that every time your Balance increases by $100, the EA will automatically increase the order size to 0.01. Balance is $100, EA opens 0.01. Balance is $200, EA opens 0.02. Balance is $300, EA opens 0.03.
— Chart Parameters —
Information Panel: True/False – Show/Hide panel for information in chart
Draw Profit: Show profit on chart
