Sick of burning challenge fees because one bad news candle nuked your account? Or trading “perfectly” for 12 days… then overtrading on day 13? I feel you. Prop firm rules are tight, spreads jump, equity swings hurt—and most paid EAs still fail coz they ignore the two killers: daily drawdown and consistency. That’s exactly why we built Funded Firm EA V1 MT4 and released it 100% free on ForexFactory.cc, powered by YoForex. The idea is simple: trade less, win more, protect equity first—especially when your whole future evaluation depends on not crossing -5% on a single day.


In this post, I’ll walk you through what Funded Firm EA V1 MT4 does, the strategy logic behind it, what our backtests and live runs show, and how to install it on MT4 in two minutes. You’ll also get a direct download link, recommended settings, and our WhatsApp + Telegram support if you get stuck. No fluff, just what works.


Download (Free):
👉 Funded Firm EA V1 MT4 on ForexFactory.cc


Overview


Funded Firm EA V1 MT4 is a risk-first, rules-aware MT4 expert advisor engineered for prop firm evaluations and funded account rules (think: daily DD caps, equity consistency, and news-risk avoidance). The EA focuses on high-probability entries with tight trade management: partials at structure, dynamic trailing to protect open equity, and a hard daily equity guard so you never violate that dreaded daily loss limit.


Under the hood, it blends momentum confirmation with a mean-reversion safety net. In normal sessions, the bot takes A-setups only (confluence of trend filter + volatility gates + session timing). Around high-impact news, it simply stands down—no hero trades five minutes before NFP. The position logic targets a 1R–2.2R window, compounding gradually while maintaining a stable equity curve that meets typical prop “consistency” checks.


A few quick notes before we dive deeper:



  • Built for major FX pairs (EURUSD, GBPUSD, USDJPY) and XAUUSD.

  • Timeframes: M15–H1; our default is M30 for stability.

  • Designed to respect daily and overall drawdown rules.

  • No martingale, no grids, no “revenge entries.”

  • Fully back-tested and forward-tested by YoForex; we run it live, too.


Remember, it’s free to download on ForexFactory.cc, and we keep pushing updates as prop firm rules evolve.


Key Features



  • Prop-Rule Guardrails: Daily equity shutdown (e.g., 4%–5%), overall equity cap, and per-trade risk caps align with common prop firm rules.

  • News-Smart Behavior: Auto flat during high-impact events; configurable buffer minutes before/after.

  • No Martingale / No Grid: Linear risk only; compounding only from realized profit, not by doubling down.

  • Session Filters: London + New York preference; optional Asia filter.

  • Volatility Gate: ATR-based volatility “lane” to avoid chasing wicks.

  • Trend + Structure Confluence: Uses a higher-TF trend lens with lower-TF timing entries.

  • Smart Partial Profit: Scale out at 1R and trail the remainder behind structure to protect equity on runners.

  • Dynamic SL/TP: ATR-adaptive stops; RR typically 1:1.8–1:2.2 depending on pair/timeframe.

  • Daily Trade Quota: Caps the number of trades per day to avoid overtrading.

  • Broker-Friendly: Fast execution, low CPU; works on standard MT4 brokers that support algo trading.

  • Multi-Pair Ready: Tested on EURUSD, GBPUSD, USDJPY, XAUUSD; you can add others with caution.

  • Small Account Friendly: Works from $200+ (for practice or personal), but it’s really tuned for prop challenges.



Backtest Proof & Live Performance


We ran a series of backtests and forward tests to mirror the stress you’ll face in a real challenge.


Backtest Setup (Core Run):



  • Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD

  • Timeframes: M30 (primary), H1 (confirmation)

  • Period: January 2023 – September 2025 (multi-market cycles)

  • Model: “Every tick” with variable spreads (spread profile to match prop conditions)

  • Risk: 0.5% per trade baseline; max 3 trades/day

  • News Flat: 10 minutes pre/post high-impact events


Highlights:



  • Win Rate: 48%–55% depending on pair; mean around ~51%.

  • Payoff Ratio: Average winner ~1.9R–2.2R; average loser ~1.0R (no averaging down).

  • Drawdown: Max peak-to-valley ~6%–9% across pairs; daily DD rarely breached 3.5% with default settings.

  • Profit Factor: 1.45–1.72 (pair-dependent).

  • Consistency: Equity curve rises in steps rather than spikes—perfect for phase-1/phase-2 rules where consistency matters.


Live/Forward Notes:
On our YoForex “live-monitored” accounts, Funded Firm EA V1 MT4 stayed within daily limits on red-news days and took fewer trades on thin liquidity sessions—exactly what you want for evaluations. You’ll see periods of quiet, then a clean sequence of A-setups producing steady growth. No fireworks… which is kinda the point if you’re trying to pass without stress.



Installation & Setup (MT4)



  1. Download the EA
    Go to ForexFactory.cc and grab the latest file:
    👉 Funded Firm EA V1 MT4 – Free Download

  2. Copy to Experts
    MT4 → File → Open Data Folder → MQL4 → Experts → paste the .ex4/.mq4 file. Restart MT4.

  3. Attach to Chart
    Open EURUSD M30 (or your chosen pair/timeframe). From Navigator → Expert Advisors, drag Funded Firm EA V1 MT4 onto the chart. Enable Algo Trading.

  4. Import Settings (Set File)
    Load the recommended .set file (included or from the product page). This sets risk %, session times, news buffer, daily loss, and trade quota.


Key Inputs to Check



  • RiskPerTradePercent: 0.25–0.75% (default 0.5%).

  • DailyLossLimitPercent: 4%–5% (don’t exceed your firm’s daily cap).

  • MaxTradesPerDay: 1–3 (start with 2 for phase-1).

  • NewsFilter: True; PreNewsMinutes=10, PostNewsMinutes=10.

  • SessionFilter: London+NY = True; Asia optional.

  • Pairs: Start with EURUSD and XAUUSD; add others when comfortable..


Why Choose YoForex-Powered Tools?


Because we actually trade this stuff. YoForex builds free tools that fit real prop firm constraints, then we battle-test them before sharing on ForexFactory.cc. You get:



  • Free lifetime updates (prop rules change; we adapt).

  • Ongoing optimizations as spreads/volatility shift.

  • Transparent performance notes—we show you the boring parts too, not just the moonshots.


Curious about more freebies? Check Newest EAs on ForexFactory.cc, browse the Indicator section, or peek at User Reviews to see what other traders say.


Support & Disclaimer


Got setup issues or want help tuning risk for your specific prop firm?



We reply fast during London/NY overlaps. Drop your MT4 build, broker, symbol, and a screenshot of your inputs; we’ll troubleshoot in plain English.


Disclaimer: Trading involves risk. Past performance is not a guarantee of future results. Even with risk controls, losses can occur. Always demo-test before going live and align inputs with your firm’s exact rules (daily DD, max EA lots, news restrictions, etc.). You’re responsible for your own trading decisions.


FAQ (Schema-Friendly)


Q1: Will Funded Firm EA V1 MT4 pass a challenge automatically?
A: It’s designed to increase the odds by controlling risk, filtering news, and capping daily exposure. No EA can guarantee a pass—discipline and correct settings still matter.


Q2: What pairs and timeframes are best?
A: Start with EURUSD M30 and XAUUSD M30. Add GBPUSD/USDJPY later. H1 is fine if you prefer fewer, higher-quality signals.


Q3: Can I use this on a funded/live account?
A: Yes—just verify your firm allows EAs and doesn’t restrict news trading or lot behavior. Use conservative risk (0.25%–0.5%).


Q4: Does it use martingale or grid?
A: No. It’s linear risk with optional partials and ATR-based dynamic stops.


Q5: How does the daily loss limit work?
A: The EA tracks daily equity change and auto-stops trading if your preset daily loss threshold hits (e.g., 4%–5%).


Q6: Is there a VPS requirement?
A: Not required, but recommended for best uptime/spreads during London/NY sessions.


Call to Action


Ready to try it? Download your free copy now—no strings attached.
👉 Funded Firm EA V1 MT4 – Free on ForexFactory.cc


If you want hand-holding on setup (risk %, session filters, news buffers) or you hit a snag with your prop firm’s rules, ping us on WhatsApp or hop into our Telegram—we’re there daily. Free updates, real support, and a tool that actually respects the rules you’re judged by.


Happy Trading