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DJI Prop MT4
Overview of DJI Prop MT4
- DJI Prop MT4 is a specialized trading robot designed for high-frequency trading (HFT) prop firms.
- It is optimized for passing challenges set by these firms quickly, often within 1-2 days.
- This EA is not meant for live trading due to slippage and high spreads experienced on funded accounts.
Key Features
- Offers three types of lot calculations: Fixed, Automatic, and Risk-based.
- Includes a Max Loss/Daily deviation function to monitor drawdown.
- Utilizes additional activity and time filters to execute trades during optimal market conditions.
- Built-in news filters that pause trading during significant news events.
- Designed to ensure that trades are only executed with a standard spread, preventing unprofitable trades. 🚀
Performance Indicators
- Most brokers and prop firms exhibit higher risks on real accounts compared to demo accounts.
- While the EA shows robust performance in testing, real environments often bring unexpected challenges.
- Users are encouraged to conduct thorough research on HFT prop firms, including their specific requirements and payout structures.
Recommendations for Use
- The bot is particularly effective when utilized in prop challenges, given its structure and design for those environments.
- Users are advised against employing the EA on funded accounts due to profit limitation risks associated with high spreads.
- For optimal performance, run the EA during busy market hours and avoid trading during major news announcements. 📈
Customer Insights and Experiences
- Users have noted significant success in passing prop firm challenges with the DJI Prop EA.
- Feedback highlights the need for clear instructions regarding setup and market conditions for maximum effectiveness.
- Many customers stressed the necessity of following the provided guidelines closely to avoid pitfalls. ⚠️
Introducing DJI Prop MT4: the latest miracle EA making waves in the prop trading world. With promises of sweet financial rewards, it's supposedly a quick fix for passing those daunting prop firm challenges. But before you strap on your trading helmet, let’s sift through the hyp ...
Release Date: 20/05/2023