Forex SharkTank FTMO Challenge EA MT4 + Setfiles

Forex SharkTank FTMO Challenge EA MT4 Introduction

Forex SharkTank FTMO Challenge EA MT4 specifically targets the challenge of achieving funded trader status by automating trading strategies that comply with proprietary firms’ strict evaluation criteria. This time-focused MT4 EA employs adaptive algorithms on EURUSD and XAUUSD pairs within a concentrated daily trading window, emphasizing consistent profitability while maintaining stringent risk controls. Performance data indicates the system achieved 11.92% monthly returns while keeping maximum drawdown at just 3.18%, demonstrating a methodical approach to balancing growth with capital preservation requirements.

Key Highlight

• Challenge-Ready Architecture: Delivers pre-configured settings for multiple FTMO account tiers with integrated position management, time controls, and risk parameters designed specifically for evaluation success

• Precision Trading Window: Operates through adaptive algorithms during 13:30-14:30 server time with automatic position closure by 22:00, concentrating activity during optimal market conditions while limiting daily exposure

• Multi-Layer Protection System: Features comprehensive spread protection, order limiting, trailing stops, break-even mechanisms, and drawdown controls calibrated to meet FTMO’s demanding risk management standards

• Validated Results: Backtest data shows consistent 1.99 profit factor performance with win rates around 37% and maximum drawdowns under 3.2% across different account sizes, targeting 4% monthly growth within challenge boundaries

• Technical Requirements: Optimal performance requires ECN or zero-spread account conditions with spreads under 2 pips; higher spread environments may significantly impact profitability and execution quality

Forex SharkTank FTMO Challenge EA MT4 Recommended

• Trading Platform: MetaTrader 4 (MT4)
• Pairs: EURUSD, XAUUSD (Gold)
• Supported Accounts: ECN or Zero Spread mandatory (Exness, HTFX specifically recommended)
• Timeframe: H1 (1 Hour)
• Trading Time: 13:30-14:30 daily session
• Leverage: 1:100 (FTMO requirement – understand leverage risks and confirm broker compatibility)
• Minimum Deposit: $1,000 (based on preset configurations)

Installation and Usage Tips

• Account Configuration: Load appropriate preset file (FTMO EURUSD 10K.set through 100K.set) corresponding to your account size
• Timing Setup: Ensure ‘InRange’ (13:30) and ‘EndRange’ (14:30) parameters match your broker’s server timezone
• Risk Settings: Maintain default ‘SL’ (50) and ‘TP’ (50) configurations unless you have extensive optimization experience
• Profit Protection: ‘UseTrailing’ (enabled) with ‘TrailStart’ (20) secures gains as positions move favorably
• Market Conditions: ‘UseSpreadProtect’ and ‘MaxSpread’ (5) prevent trading during unfavorable spread conditions
• Trade Frequency: ‘Max Orders Day’ (48) controls maximum daily positions for risk management
• Target Management: ‘TP PER MONTH(%)’ (4) sets monthly objectives consistent with FTMO challenge goals

Forex SharkTank FTMO Challenge EA MT4 Review

This system provides methodical FTMO challenge automation with emphasis on capital preservation over aggressive growth, delivering consistent performance through disciplined trading parameters. Most effective for traders seeking systematic challenge completion, though ECN account requirements create accessibility limitations for some users.

Backtest Performance Overview:
• 10K Configuration: $1,192 profit (11.92% monthly), 3.18% max drawdown, 1.99 profit factor

• 25K Configuration: $2,804 profit (11.22% monthly), 3.01% max drawdown, 37.25% win rate

• Testing Scope: May-June 2023, EURUSD H1, comprehensive tick modeling

Why Choose Forex SharkTank FTMO Challenge EA MT4

• Purpose-Built Design: Engineered specifically for FTMO challenge requirements, avoiding the adaptation challenges of generic trading robots
• Exceptional Risk Control: Maximum drawdowns consistently below 3.2% provide superior capital protection compared to high-risk automated systems
• Hands-Free Operation: Complete automation eliminates psychological pressure and time management issues that often sabotage manual challenge attempts
• Transparent Performance: Documented backtest results with detailed metrics offer clear performance expectations unlike many black-box systems
• Scalable Implementation: Multiple account size presets enable seamless scaling from smaller to larger FTMO challenges

Conclusion

Forex SharkTank FTMO Challenge EA MT4 provides specialized automation for funded account challenges with strong risk management and documented performance data. Best suited for methodical traders prioritizing challenge success over speculative high-return strategies.

Ready to Use Forex SharkTank FTMO Challenge EA MT4?

• Website: cheapforexea.com
• Telegram Support: https://t.me/+TT_oy2yBiQZjZjE1 
• Email Contact: [email protected]

Forex SharkTank FTMO Challenge EA MT4 Download Packages:

• Link download experts:
  • Forex SharkTank FTMO Challenge EA MT4.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