The FSZ FTMO EA V1.0 for MT4 is an Expert Advisor designed to assist traders in navigating proprietary trading challenges, such as those offered by FTMO. Below is a detailed overview of its key aspects:

Key Features:

Minimum Deposit:

• The recommended minimum deposit for the FSZ FTMO EA V1.0 is $100. This fee is refundable upon successful completion of the FTMO Challenge and is returned with the first profit split.

Time Frame:

• H1(1 Hour)
• The EA is optimized for use on the MetaTrader 4 (MT4) platform. While specific time frames are not explicitly mentioned, it is advisable to select a time frame that aligns with your trading strategy and the EA’s configuration.

Currency Pairs:

• XAUUSD(GOLD)
• The FSZ FTMO EA V1.0 is versatile and can be applied to various currency pairs. However, it’s essential to choose pairs that complement the EA’s strategy and your trading objectives.

Trading Strategy:

The FSZ FTMO EA V1.0 employs a sophisticated trading strategy that integrates both fundamental and sentimental analysis. Key features include:

• External Data Analysis: The EA utilizes an advanced external analytics server to perform live fundamental and sentimental analysis, ensuring informed decision-making.
• Risk Management: It monitors daily loss and maximum loss limits, automatically closing trades before these thresholds are breached to safeguard the account.
• Trade Randomization: To prevent uniform trading patterns among users, the EA randomly selects trading pairs and adjusts take profit levels, ensuring unique trading activities.
• Target Management: Upon achieving the profit target, the EA closes all open trades, securing gains efficiently.
• Weekend Trade Management: Traders have the option to enable automatic closure of trades at the end of the trading week, preventing positions from being held over the weekend if not permitted by the prop firm.
• Information Panel: An intuitive on-screen panel displays essential statistics, allowing traders to monitor the current trading situation effortlessly.

These features collectively ensure that the EA operates within the predefined risk parameters and adapts to dynamic market conditions, enhancing the potential for successful trading outcomes.

For optimal performance, it’s recommended to start with the suggested lot sizes and consider gradual adjustments based on individual trading experiences and objectives.

Please note that while the FSZ FTMO EA V1.0 offers advanced trading capabilities, it’s crucial to thoroughly understand its functionalities and align them with your trading strategy. Always ensure compliance with the specific rules and guidelines of the proprietary trading firm you are engaging with.