SpaceX Prop EA MT4 (Source Code MQ4)

SpaceX Prop EA is a Forex Expert Advisor (EA) designed to utilize diverse strategies such as Elliott Wave patterns, Fibonacci tools, and forced exit settings, promising stable performance in trading environments. Emphasizing risk management, the EA proposes a maximum drawdown of 3%. Recommended currency pairs include GBPUSD, EURNZD, and EURAUD, with a 1-minute timeframe. The suggested configuration involves leverage above 1:20, a minimum deposit of $5,000, and a lot size of 0.10 or 0.15 per $100,000. After purchase, installation instructions are provided, and the EA can be used on both demo and real accounts. It is optimized for compatibility with all Prop Firm companies and brokers and is recommended to operate continuously online using a Virtual Private Server (VPS).

Vendor: https://galaxyprofit.co.uk/products/spacex-prop-ea

Key Takeaways:

• Robot’s Capabilities: The robot asserts its ability to exert robust risk control and navigate challenges with low risk. It employs various strategies, including the Elliott Wave model, Fibonacci tools, and constraint exit configurations.
• Risk Management: Suggests a maximum risk level of 3% and recommends using constraint exit settings at 3% or 4%. Provides different risk levels: high risk (15 days), normal risk (40 days), and low risk (60 days).

SpaceX Prop EA Feature

• Currency Pairs and Time Frame:
  • Run the EA on GBPUSD, EURNZD, and EURAUD currency pairs.
  • Select a 1-minute time frame on your MetaTrader 4 (MT4) platform.
• Auto Trading and Timeframe:
  • Ensure the Auto Trading option is enabled on your MT4 platform.
  • Avoid switching timeframes after launching the EA.
• Continuous Operation:
  • Keep the EA always online for optimal performance.
  • Utilize a Virtual Private Server (VPS) or ensure your PC is consistently online.
• Trading Parameters:
  • Use leverage above 1:20.
  • Maintain a minimum deposit of $5,000.
  • Set the lot size to 0.10 or 0.15 for every $100,000.