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FTMO Protector 7, a revolutionary tool in the Forex trading sphere, is designed to secure your Forex Prop Trading account from unexpected drawdowns. This expert advisor for MT4 or MT5 platforms allows you to manage trades, control your profit and loss, and even calculate your daily balance and real-time profit or loss.
Forex Strategies with FTMO Protector 7
The FTMO Protector 7 is not just a tool, but a robust strategy enabler. It allows you to use multiple Expert Advisors (EAs) and instruments, adding flexibility to your trading strategies. The Protector calculates your midnight balance (01:00 System time) and your real-time daily profit or loss. When your target profit or loss is achieved, the Protector will disable all active EAs and close all open deals and orders.
Simple Input Parameters for Enhanced Forex Trade Protection
FTMO Protector 7 is designed with simplicity in mind, making it accessible for both new and experienced traders. It has clear input parameters such as Max daily loss, Minimum Equity, and Equity target. You can set these parameters as per your risk management strategy. For example, you can set a max daily loss at 3,000, minimum equity at 91,500, and equity target at 100,050.
FTMO Review: Time Settings and Auto Trading
A unique feature of the FTMO Protector 7 is its time-based control. You can define two time frames for your trading activities. For instance, if you set the frames at 08:00-14:00 and 16:30-21:00 (MT5 time), the Protector will automatically turn on the auto trading button at 08:00. At 14:00, it will close all open trades and disable the auto trading button. The process repeats for the second time frame, giving you more control over your trading activities.
Why Choose the FTMO Challenge?
The FTMO Challenge is an excellent opportunity for traders to prove their skills and earn a funded account. The FTMO Protector 7 is a must-have tool for any trader participating in the FTMO Challenge, as it provides essential safeguards and controls to prevent unexpected losses.
FAQs
Where can I see the independent testing of FTMO Protector 7?
Independent testing of this product is available on the forexroboteasy.com website.
Can I subscribe to updates on the results of testing this product?
Yes, you can subscribe to updates on the testing results of FTMO Protector 7 on the same website.
We invite all users of the FTMO Protector 7 to share their experiences and insights. Your reviews can help other traders make informed decisions and optimize their trading strategies. Remember, this is an independent product review, and your feedback is highly appreciated.
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