The Quick Funding EA (Expert Advisor) has made a significant mark in the world of Forex trading. It is purposefully designed to swiftly conquer the challenges associated with proprietary trading firms (prop firms) that permit the use of High Frequency Trading (HFT) strategies. Itโs a tool that offers swift trading, efficient profits, and a unique forex strategy.
A Swift Path to Forex Profits
Using the Quick Funding EA, it is not uncommon for traders to hit their profit targets within an hour. In most instances, users can secure their funding within just a day. This swift realization of trading profits is a testament to the high-frequency trading strategy embedded in this Forex software. The in-built equity protector adds an extra layer of security by halting the EA as soon as the profit target is met, thus safeguarding your equity.
High Frequency Trading with Quick Funding EA
The Quick Funding EA employs a specific High Frequency Trading (HFT) strategy. It is designed to detect large movements in the market, initiating trades at key points, and ensuring a stop loss is in place to protect the traderโs equity. This specialized HFT strategy is invaluable in prop trading, where swift, large movements can mean the difference between profit and loss.
Range Breakout Strategy: A Valuable Addition
Included with the Quick Funding EA is a valuable gift: the Range Breakout strategy. It identifies daily support and resistance levels and automatically initiates both long and short trades at these key points. This strategy is a powerful tool for hitting profit targets within a short period of days with a remarkably low drawdown.
The Backtest: Reassuring Results
Backtesting the Quick Funding EA using default settings with Symbol: US30, Timeframe: M1, and Spread: 100 shows promising results. If any issues arise during backtesting, the creators of the software are readily available for contact via private message.
Compatibility with Proprietary Trading Firms
The Quick Funding EA is compatible with a wide range of proprietary trading firms, including Fast Forex Funding, Infinity Forex Funds, Nova Funding, Quantec Trading Capital, and Kortana Fx. It can also pass evaluations for Social Trading Club and M Solutions, among others. However, it is not recommended or supported for other Prop firms, other brokers, and all funded prop firms.
Important Points to Note
Using VPS is necessary for successful operation, with latency less than 30ms being ideal. The lower the latency, the sooner you can meet your profit target. The recommended timeframe is 1 Minute or 5 Minute, and the advised symbol is US30 (DJ30, WS30), GER30 (DE30), or other indices which your prop firm offers. A setfiles for US30 is provided upon purchase activation of the EA.
FAQs about Quick Funding EA
Is Quick Funding EA a martingale or grid EA?
No, Quick Funding EA is neither a martingale nor a grid EA. It opens one trade at a time, and it will close a trade before opening another one. Every trade has a stop loss setting.
What is the purpose of the HFT Prop Firm EA?
The HFT Prop Firm EA is intended to help pass HFT prop firm evaluations and challenges. However, it is not tested to work with other types of challenges, funded prop firm accounts, or live/real broker accounts. The Range Breakout strategy, on the other hand, has been tested successfully for demo and real accounts after obtaining funding from any proprietary firm or any broker account.
Where can I find independent testing of the Quick Funding EA?
You can find independent testing of this product on the forexroboteasy.com website. Moreover, you can subscribe to updates on the results of testing this product.
Can I share my experience using the Quick Funding EA?
Absolutely! We invite all users to share their experiences using this product. Your insights can help other traders make informed decisions.
This review is an independent analysis of the Quick Funding EA. We do not have any affiliation with the product or its creators. We encourage you to conduct your own research before making a decision to use this product.
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