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Forex SharkTank FTMO Challenge EA MT4 + Setfiles

SKU: Forex-SharkTank-FTMO-Challenge-EA-MT4

Shark Tank FTMO EA targets 11.2-11.9% in 30 days via session-overlap scalping on EURUSD and XAUUSD – backtested under 3.2% drawdown on MT4

Original price was: $2,500.00.Current price is: $49.00.

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Description

Table of Contents

    Shark Tank FTMO Challenge EA – Automated Prop Firm Challenge Passer for MT4

    Shark Tank FTMO EA executes session-based trades on EURUSD and XAUUSD within a defined London–New York overlap window on MT4. Backtests across two capital levels show ~11.9% net profit in approximately 30 days with a maximum drawdown under 3.2%, using every-tick modeling at 99%+ quality. No live verified account is available; results reflect backtest simulations only.


    Key Highlights

    • FTMO-specific presets included for 10K, 25K, 50K, 100K, and 200K challenges—load and trade.
    • ✅ Backtests indicate ~11.9% gain (10K) and ~11.2% (25K) within a 30-day window, every-tick modeling.
    • ✅ Session-based strategy trades EURUSD and XAUUSD during the 13:30–14:30 entry window, closing by 22:00.
    • ✅ Fixed stop-loss of 20 pips, trailing stop active at 40 pips—no martingale, no grid doubling.
    • ✅ Maximum drawdown stayed below 3.2% across both tested capital levels, well within FTMO’s 10% daily limit.
    • ✅ Prop firm challengers targeting FTMO, MFF, or similar funded accounts. Browse more prop firm EAs

    Performance Results

    Both backtests ran on RoboForex-ECN using every-tick modeling (99%+ quality) over roughly 30 days in May–June 2023. The 10K preset produced $1,192 net profit (11.9%) with a 3.18% max drawdown. The 25K preset produced $2,804.81 net profit (11.2%) with a 3.01% max drawdown. Profit factor was 1.99 on both runs; win rate was 37.25%, offset by a favorable risk-reward ratio.

    The low win rate (37.25%) reflects a high-reward, lower-frequency approach—each winning trade targets 120 pips TP against a 20-pip stop. Max drawdown remained well under FTMO’s thresholds across both presets. These are backtest results only—no live verified account exists. Results may differ under live conditions due to spread variation, slippage, and execution latency.

    Backtest disclaimer: Simulations differ from live trading. Demo-test minimum 60 days before running on a funded challenge account.

    Shark Tank FTMO EA EURUSD 10K backtest report - 11.9% net profit, 3.18% max drawdown, May-June 2023
    May–Jun 2023 backtest – $10,000 capital, 99%+ quality
    Shark Tank FTMO EA EURUSD 25K backtest report - 11.2% net profit, 3.01% max drawdown, May-June 2023
    May–Jun 2023 backtest – $25,000 capital, 99%+ quality
    Shark Tank FTMO EA broker and account requirements - ECN spread settings and preset list
    Broker requirements and included preset overview

    How It Works

    Strategy: Session-overlap scalper on EURUSD and XAUUSD (H1), targeting the London–New York crossover for directional momentum moves.

    Entry: Market orders placed between 13:30–14:30 server time; BuyBidPrice parameter active for precise entry pricing.

    Exit: Fixed 120-pip TP as primary target; trailing stop activates at 40 pips, trailing by 40 pips with 40-pip step.

    Risk Control: Fixed 20-pip SL from entry, trailing lock-in after 40 pips, all trades closed by 22:00 daily.

    ✅ Best conditions: Trending London–NY session • Spread ≤2 pips • ECN/zero-spread account

    ⚠️ Caution: High-spread standard accounts • Low-volatility consolidation periods • Major news spikes

    Shark Tank FTMO EA MT4 input parameters - lot size, session times, SL 20 pips, TP 120 pips, trailing stop settings
    Default input parameters – 1.0 lot / FTMO preset setup

    Technical Specifications

    SpecificationRequirement
    PlatformMT4 (any build)
    Currency PairsEURUSD (primary), XAUUSD (secondary)
    TimeframeH1 (recommended)
    Minimum DepositPer preset (10K, 25K, 50K, 100K, 200K challenge size)
    Recommended DepositMatch your FTMO challenge account size exactly
    Leverage1:100 minimum
    Broker TypeECN or zero-spread account, spread <5 pips (ideally ≤2)
    VPSStrongly recommended (session timing critical)

    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—challenge-specific presets handle sizing automatically.
    • MT4 traders who want a defined session strategy with hard daily close times and no overnight exposure.
    • Traders comfortable with a 37% win rate and wide TP targets trusting R:R over frequency.
    • Best results when:
    • Running on an ECN or zero-spread account with spread consistently at or below 2 pips on EURUSD.
    • Deployed on a VPS to ensure orders execute within the 13:30–14:30 session window without interruption.

    Download Package Included

    • ✅ Experts:
      • Shark Tank FTMO EA (.ex4 )
    • ✅ Presets:
      • XAUUSD 1K.set
      • XAUUSD 10K.set
      • FTMO EURUSD 1000.set
      • FTMO EURUSD 10K.set
      • FTMO EURUSD 25K.set
      • FTMO EURUSD 50K.set
      • FTMO EURUSD 100K.set

    Product download link sent immediately via email after purchase.


    Frequently Asked Questions

    >>> Curated/Reviewed by Steven Cohen (Founder).

    ⚠️Risk Disclaimer:

    Forex trading and EAs carry high risk of loss. Only invest what you can afford to lose. Past performance does not guarantee future results. 70-90% of retail traders lose money.

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