📌 Introduction

Prop Firm EA V2.0 is a sophisticated dual-engine grid trading robot designed for MT4. Built specifically to tackle the volatility of XAUUSD on the M15 timeframe, this EA doesn't just predict direction—it creates a matrix of buy and sell orders to capture profits from market oscillations. With integrated News Filters, Time Filters, and Daily Equity Targets, it is engineered to meet the strict risk management rules required to pass prop firm challenges.

🔥 Key Features

⚙️ Dual Trading Engines (A & B): Run separate Buy and Sell strategies simultaneously with unique Magic Numbers (7799 / 7977).
📊 Advanced Grid Logic: Choose from Martingale (Summ Lot), Fixed Lot, or Step Lot progressions with a customizable Step Size (e.g., 100 pips).
🛡️ Prop-Firm Focused Risk: Built-in Daily Target (Equity Money), Max Floating Profit, and Max Equity Drawdown stops to protect your capital.
📰 News Filter: Automatically detects high-impact events and can close trades or stay out of the market to avoid slippage.
⏰ Time Filter: Define exact trading hours for each day of the week to target high-liquidity sessions.

⚙️ Recommended Settings (XAUUSD M15)

📈 Grid Setup: Step Size: 100-150 pips | Lot Mode: Fixed Lot (0.01) | Take Profit: 50-100 pips.
🎯 Daily Target: 1-2% of account equity (e.g., $20 on a $1000 account).
🛑 Safety Stops: Max Equity: 4% (Keep this below your prop firm's max drawdown).
📅 Filters: Enable News Filter (Close on High impact) | Time Filter: 08:00 - 17:00 GMT (London/NY overlap).

✅ Advantages

✔️ Sophisticated Risk Management: Daily targets and equity stops align perfectly with prop firm rules.
✔️ Market Versatility: Performs exceptionally well in the range-bound nature of Gold (XAUUSD).
✔️ Full Automation: Once configured, the EA handles grid placement, hedging, and take-profit management automatically.
✔️ External Safety Nets: News and Time filters prevent trading during unpredictable volatility.

❌ Disadvantages

❗ Grid Risk: In a strong, one-directional trend, the grid can accumulate significant drawdown if safety stops are not set.
❗ Complexity: The high number of variables (Dual engines, Grid types, Factors) can be overwhelming for beginners.
❗ No Trend Filter: The EA relies on price averaging rather than technical indicators to confirm trend direction.

🌐Support & Disclaimer

Support

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

WhatsApp: https://wa.me/+443300272265

Telegram Group: https://t.me/yoforexrobot

Disclaimer: Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.

Prop Firm EA V2.0 MT4

Description