ADAM For FTMO 5

Overview of ADAM For FTMO 5

ADAM For FTMO 5 is a specialized Expert Advisor (EA) designed to help traders pass the FTMO challenge. This EA is a product of merging cutting-edge AI technology, specifically ChatGPT, with 17 years of experience in global trading, broker tools development, and prop-traders algo trading. 🎯

Key Features

• Trade only with good and verified prop firms.
• Default parameters are set for a $100,000 challenge account.
• Tested on EURUSD and GBPUSD currency pairs.
• Operates on a 15-minute time frame.
• Automatically closes all deals and stops auto-trading before the weekend at 12:00 GMT+3 on Friday.
• Includes a special Protector tool for prop firms.

Risk Management

• For a $25K account, use Max_LOT = 0.25-0.75.
• For a $50K account, use Max_LOT = 0.5-1.5.
• For a $100K account, use Max_LOT = 1-3.
• For a $200K account, use Max_LOT = 2-6.
• For a $300K account, use Max_LOT = 3-9.

Development Process

• Brainstorming ideas, indicators, strategies, and techniques.
• Selecting a concept and coding the EA accordingly.
• Thoroughly testing and fixing any bugs or issues.
• Optimizing the EA to achieve positive results over a few months.
• Adding risk management features and other functionalities.
• Conducting further optimization and proving the concept on a demo account.
• Moving on to real trading and refining manual rules.

Usage Recommendations

• Close all deals and auto-trading before US high news and reopen 2 minutes after.
• Recommended trading time is from 09:00 to 21:00 GMT+3.
• For prop firms, it is mandatory to use the special Protector tool.

Risk Disclaimer

• There are no guarantees of profit from trading.
• It is crucial to monitor the load on your trading account and make decisions about averaging positions only when justified by the market situation and your trading strategy.

Final Thoughts

ADAM For FTMO 5 is a robust trading bot designed to help traders pass the FTMO challenge. It combines advanced AI technology with extensive trading experience to provide a powerful tool for both brokers and prop firms. However, it is essential to understand the risks involved and use the EA responsibly. 🚀