BlackBird Prop Firm EA MT4 – Pass FTMO Challenges Without Blowing Daily Loss Limits

BlackBird Prop Firm EA is a short-term scalping system built for MT4, targeting GBP pairs on the M1 timeframe with strict prop firm drawdown compliance.

A simulated FTMO $100,000 challenge recorded +8.63% profit across 9 trading days while staying within all evaluation loss limits.

Backtested at 99% quality using Dukascopy tick data across GBPCHF and GBPCAD from 2010 to 2023.

Key Highlights

• ✅ Built specifically for prop firm evaluations — respects FTMO daily and max loss rules by design
• ✅ Simulated FTMO challenge: +8.63% profit, zero rule violations across 9 active trading days
• ✅ Scalps GBPCHF and GBPCAD on M1 using five selectable risk modes — from EasyLow to High
• ✅ Profit target and stop limits set in percent — no manual pip math required per account size
• ✅ 99% backtest quality on 13 years of tick data — not a visual equity curve from low-quality modeling
• ✅ Prop firm challengers: controlled drawdown stayed under 3.88% daily max during evaluation. Browse more prop firm EAs

Performance Results

Simulated FTMO Challenge – $100,000 Account

The FTMO simulation ran from 21 August to 3 September 2023 on a $100,000 evaluation account. BlackBird closed 62 trades and finished with +8.63% net profit ($8,636.40), clearing the $5,000 target. Max daily loss reached -$3,883.20 (-3.88%) — inside the -$5,000 daily limit. Max drawdown from peak hit -$760.90 (-0.75%), well under the -$10,000 absolute limit.

Trade statistics across the 9-day run: 52 trades placed, 62.90% win rate, average profit $264.23 vs average loss -$72.65, producing an average RRR of 3.64 and a Profit Factor of 6.17. Sharpe Ratio was 3.69. Daily results were consistent — every single session finished positive, ranging from $559.90 to $1,427.10.

Backtest – GBPCHF M1, 2010–2023 (99% Quality)

A 13-year backtest on GBPCHF M1 using Dukascopy tick data at 99% modeling quality grew a $1,000 account to approximately $4,976 — a 4.97x gain on fixed 0.01 lots. The equity curve shows a consistent upward trend with minimal visible drawdown periods throughout.

Backtest – GBPCAD M1, 2010–2023 (99% Quality)

GBPCAD over the same 13-year period grew from $1,000 to approximately $4,544 on identical fixed lot settings — a 4.54x gain with the same consistent upward equity trajectory.

The peak daily loss of -3.88% during the FTMO simulation came from an M1 scalping session where multiple short-duration trades hit stop conditions on spread widening — a real risk on volatile GBP pairs during news events. Manage this by trading with an ECN broker (spread under 1.5 pips on GBP pairs), keeping the Stop parameter at 4500 and ProfitInPercent at 1.0 on a $100,000 base, and monitoring during scheduled UK/Swiss economic releases. Under these conditions, daily loss should stay within 4–5% on a bad session, recovering across subsequent trading days.

⚠️ FTMO simulation recorded Aug–Sep 2023 (~2 years ago). Backtest data covers 2010–2023. Market conditions evolve — run a 90-day demo to validate under current spreads and volatility before deploying on a live prop challenge. Backtest results differ from live trading due to slippage and spread variation.

How It Works

Strategy: M1 scalping on GBP pairs (GBPCHF, GBPCAD) — captures short micro-trend bursts with asymmetric reward targeting

Entry: Triggered by price action conditions on M1 bar; five selectable mode presets control trade aggression

Exit: Percentage-based profit target per trade; hard stop at 4500 points as primary loss barrier

Risk Control: ProfitInPercent (1.0 default) governs reward targets; Stop (4500) caps per-trade loss exposure

✅ Best conditions: Low-spread ECN broker • London/New York session overlap • Stable GBP macro environment

⚠️ Caution: High-impact GBP or CHF news events • Spreads above 2.0 pips on execution

Technical Specifications

This EA is MT4 only. Need MT5 platform? Browse MT5 EAs

Who Should Use This EA

✅ Ideal for:

• Prop firm challengers targeting FTMO, MyFundedFX, or similar — drawdown controls align with standard evaluation rules. Browse more prop firm EAs
• MT4 traders with ECN broker access and spreads verified below 1.5 pips on GBP pairs
• Traders comfortable running automated M1 scalping on a dedicated VPS 24/5
• Buyers with 90+ days to demo test before committing a live challenge account

✅ Best results when:

• Using ModeLow or ModeMiddle preset on a $100,000 prop account with default risk settings
• Avoiding trade hours within 30 minutes of high-impact GBP, CHF, or CAD news releases

Download Package Included

• ✅ Experts:
  • BlackBird Prop Firm EA (.ex4)
• ✅ Presets:
  • ModeLow (default conservative).set
  • ModeMiddle.set
  • ModeHigh configurations.set

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Frequently Asked Questions