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TS Prop Firm EA MT4 – Full Input Settings Analysis
TS Prop Firm EA is meticulously designed for High-Frequency Trading (HFT) Prop Trading Firms on MetaTrader 4. It supports EURUSD, XAUUSD, and US30 pairs on the H1 timeframe, offering three risk levels: Low, Medium, and High. Notably, it refrains from opening positions 60 minutes before and after high-impact news events to ensure optimal risk management during market volatility.
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Trading System
- TradingSection: Pending System → EA trades with pending orders
- Instruments: EURUSD, XAUUSD, US30 (Dow Jones)
- PendingOrders: true → Pending orders are activated
- RiskPercent: 0.0 → Risk-based lot management disabled (fixed lot used)
- LotSize: 0.05 → Standard lot size per trade
- Slippage: 2.0 pips → Maximum deviation permitted
- MaxSpread: 3.0 pips → Will only trade if spread ≤ 3.0
Risk Management & TP/SL
- Take Profit: 50 pips
- Stop Loss: 50 pips
- TakeProfitParams: Both SL & TP used for exits
- Max Drawdown (Balance %): 10% → EA stops trading if equity falls 10% (Prop Firm protection)
- DisableAfterLoss: false → EA keeps running even after losses unless max drawdown is hit
News Filter
- NewsFilter: true → Active
- Do Not Trade Before News: 60 minutes
- Do Not Trade After News: 60 minutes
- News Currencies: USD, EUR → Filter on these pairs
Technical Parameters
- OrderStep: 25.0 pips → Pending order spacing
- OrderStop: 0.0 → No individual stop for pending orders
- TrailingStopStart / TrailingStopStep: 0.0 → Trailing stop disabled
- SelectRisk: Medium → Medium risk mode (affects entry logic / pending distance)
- Magic Numbers:
- Pending Orders: 721132
- Additional Trades: 564318
- Custom Comment: TS_Prop → Trade label for identification
- ShowPanel: true → Displays EA panel during operation