Zafiro EA MT4 – Automated FTMO-Ready Forex Trading with Built-In Drawdown Caps

Zafiro EA is a risk-controlled automated trading system for MetaTrader 4, built with hard drawdown limits designed to survive prop firm evaluation rules.

A 2020–2023 backtest recorded approximately 646% growth from a starting balance of ~$6,500 — with the equity curve showing consistent upward progression across all three years.

Key Highlights

• ✅ Hard daily loss cap (0.5%) and max drawdown limit (0.5%) encoded directly into EA parameters — not optional settings
• ✅ Backtest shows ~646% return over 2020–2023 with visually controlled drawdown across the full period
• ✅ Operates on MT4 with a magic number system (2222) — clean multi-EA deployment without trade conflicts
• ✅ Risk drops automatically to 0.1% per trade once profit target ($22,000) is reached — protects gains after objective
• ✅ Labeled FTMO EA in input parameters — drawdown architecture mirrors prop firm challenge rules by design
• ✅ Post-target drawdown ceiling tightens to 0.1% — most EAs offer no equivalent profit-protection mode

Prop firm challengers seeking a drawdown-first architecture will find the rule structure here unusually explicit. Browse more prop firm EAs if you want to compare before deciding.

Performance Results

The primary evidence for Zafiro EA is a backtest covering 2020–2023 — a three-year period that includes the March 2020 volatility spike, the 2021 trending markets, and the 2022 rate-hike environment. The equity curve moved from approximately $6,500 to $48,466, representing roughly 646% growth. Drawdown activity, visible as a green histogram beneath the equity curve, remained relatively low throughout — no single visible trough dominates the chart.

No live or demo Myfxbook signal is available for this EA. The backtest image shows the equity curve only — detailed statistics including win rate, profit factor, maximum drawdown percentage, and modeling quality are not visible in the provided data. These are the numbers that define whether a backtest is robust or decorative, and their absence is a meaningful gap.

What the input parameters confirm independently: maximum drawdown is hard-capped at 0.5% and daily gain is capped at 0.5%. If these limits trigger during live trading, the EA stops trading for that session. This structural constraint limits both upside and catastrophic loss — a trade-off that suits capital-preservation mandates more than aggressive growth targets.

The core risk to understand: without documented modeling quality, the backtest could reflect curve-fitting to historical price data rather than a genuinely robust strategy. A backtest that hasn’t been stress-tested against out-of-sample data or verified on a live account carries real uncertainty. Run a minimum 60-day demo before committing live capital. Match the demo broker’s spread and execution conditions to your intended live environment — spread differences above 1.5 pips can materially affect a low-risk-per-trade system like this one.

Backtest results differ from live trading due to slippage, spread variation, and execution quality. Modeling quality for this backtest is not documented. Demo validation of 60+ days is required before live deployment.

How It Works

Strategy: Automated trend or mean-reversion system on MT4 — specific pairs and entry logic not fully documented in available inputs.

Entry: Trigger conditions not publicly documented — entry logic is encoded within the EA file.

Exit: Exits tied to profit target completion ($22,000 objective) and session-level daily gain cap (0.5%).

Risk Control: 1.0% risk per trade during challenge phase; drops to 0.1% post-target. Hard daily loss and drawdown caps at 0.5% each — EA halts automatically on breach.

✅ Best conditions: Trending markets with defined sessions • Low-spread ECN brokers • Stable VPS execution

⚠️ Caution: High-spread brokers (>1.5 pips) • Major news events that spike spreads beyond normal ranges

Technical Specifications

This EA runs on MT4 only. If you need a MetaTrader 5 compatible system, browse MT5 EAs here.

Who Should Use This EA

✅ Ideal for:

• Prop firm challengers targeting FTMO or similar funded accounts — the 0.5% daily loss cap directly mirrors standard evaluation rules
• Capital-preservation traders who prioritize surviving drawdown over maximizing short-term return
• MT4 users who want hard-coded risk limits rather than relying on manual discipline
• Funded account holders who need automatic profit-protection once a target is hit

✅ Best results when:

• Running on a low-spread ECN broker with spreads consistently below 1.5 pips
• Demo-validated for 60+ days before live or funded account deployment

Prop firm challengers will find the drawdown architecture here unusually well-matched to evaluation rules. See more prop firm EAs to compare options before committing.

Download Package Included

• ✅ Experts:
  • ZAFIRO EA (.ex4 )
• ✅ Presets:
  • XAU Risk 1%.set
  • XAU Risk 5%.set
  • XAU Risk 10%.set

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Frequently Asked Questions