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Introducing Upload Thirty Eight

Funded Quantum EA is a fully automated trading bot designed to execute transactions using the most accurate and complex technical strategy. This expert adviser has been modified to solve the challenges of Prop company, including FTMO, MyFundedfx, and FundedNext. It will do its work best on the Metatrader 4 trading platform. Automatically performing such advanced trading strategies and working strictly at the request of Prop, the quantum companies of Funded EA. Success possibility of multi-chemical traders in these high shares.

Darren's Trading Academy: Funded Quantum EA

Key Settings and Configuration

ParameterDescriptionRecommended RangeNotes

Lot SizeInitial trade volume0.01 - 0.05 per $1000Adjust based on the Prop Firm’s maximum risk level.

Risk PercentPercent of account risked per trade1% - 2%Set according to the Prop Firm’s drawdown limit.

Max Daily LossMaximum daily drawdown in currency or percent2% - 4%Adjust to ensure daily risk is below Prop Firm limits.

Stop Loss (SL)Distance to stop loss per trade20 - 100 pipsTight stops are best to comply with Prop rules.

Take Profit (TP)Distance to take profit50 - 150 pipsAllows the EA to exit profitable trades according to the Prop Firm's guidelines.

Trading Time RestrictionSet trading hoursActive market hoursAvoid trades during high-impact news events.

Magic NumberUnique identifier for the EA’s tradesUnique to each EAHelps manage trades separately from other EAs or manual trades.

Key Recommendations for Prop Firm Compliance

Risk Settings: Keep risk levels low to align with Prop Firm requirements (usually no more than 1% per trade).

Stop Loss and Take Profit: Use tighter stop losses and realistic take profits.

Trade Timing: Set specific trading windows if Prop Firm has time restrictions (e.g., avoid trades over weekends or during holidays).

Lot Size Management: Keep lot sizes conservative, especially during the evaluation phase.

Risk Management and Best Practices

Set Conservative Lot Sizes: This is particularly important during Prop Firm evaluation stages where drawdown rules are strict.

Use Protective Stop Losses: Keep stop losses within a range that balances between maximizing profits and adhering to Prop Firm guidelines.

Check for Overleveraging: Ensure that trading multiple pairs simultaneously doesn’t lead to overexposure.

Optimizing Fundedea Quantum EA for Prop Firms

Leverage Market Conditions:

Trending Markets: Use longer timeframes (H4) for extended trade potential.

Range-Bound Markets: Test shorter timeframes (H1) and adjust the take profit for tighter profit capture.

Backtest Regularly:

Use MT4’s Strategy Tester to evaluate performance on preferred pairs and adjust based on results.

Stay Within Prop Firm Rules:

Always monitor and configure settings like Max Daily Loss and lot sizes to remain compliant.

Many Prop Firms may have restrictions on lot sizes, daily losses, and overall drawdowns, so adjust accordingly.

Overview

Fundedea Quantum EA is a fully automated trading bot designed specifically for traders aiming to pass Prop Firm evaluations and maximize funded accounts. It operates on a refined, technical trading strategy that meets strict risk management and trading style requirements for Prop Firms like FTMO, MyFundedFX, and FundedNext. This module will guide you through the setup, configuration, and best practices to help ensure consistent performance and compliance with Prop Firm trading rules.

Installation of Fundedea Quantum EA on MT4

Download EA: Obtain the Funded Quantum EA file (.ex4 or .mq4 format) from the source.

Load EA into MT4:

Open MT4, click File > Open Data Folder.

Go to MQL4 > Experts and paste the EA file here.

Restart MT4 to allow the EA to load.

Attach EA to Chart:

Open your Navigator, find the EA under “Expert Advisors.”

Drag and drop it onto a chart (e.g., H1 or H4 timeframe, as per the EA’s recommendations).

Enable Algo Trading to activate the EA.