๐งฉWhat is HFT Challenge Passing EA?
The HFT Challenge Passing EA for MT4 is clearly designed for prop firm challenges, focusing on:
- Tight risk control
- Short-term trading (scalping / HFT style)
- Daily and overall drawdown compliance
The configuration shown targets controlled intraday trading, rather than long-term exposure or grid recovery.
๐งฉMain Settings
โก๏ธTimeframe: M5
- Trades on the 5-minute chart, ideal for:
- Scalping
- Short-term momentum
- Prop firm rule compliance
โก๏ธExpiration_Min: 1
- Orders or signals expire quickly.
- Reduces risk of late or invalid entries.
โก๏ธMagic Number: 98545
- Unique identifier for EA trades.
- Prevents conflicts with other EAs or manual trades.
Evaluation:
โ Clean order management
โ Designed for fast execution
๐งฉTime Settings (Trading Session Control)
โก๏ธUseTimeFilter: true
- EA only trades during defined hours.
- Extremely important for prop firm challenges.
โก๏ธTrading Window:
- Start: 16:30
- End: 17:00
This is a 30-minute trading window, suggesting:
- News-based volatility
- Liquidity spike trading
- Controlled exposure
Pros:
โ Avoids overtrading
โ Limits drawdown risk
Cons:
โ Fewer trades per day
๐งฉLot & Risk Settings
โก๏ธLots (Manual Fixed Lots): 1.0
- Uses a fixed lot size.
โก๏ธRisk Percent: 0.0
- Risk-based position sizing is disabled.
Implication:
- Lot size must be carefully matched to account size.
- Best suited for large challenge accounts (e.g., $100k).
Risk Note:
โ Incorrect lot sizing can violate drawdown rules quickly.
๐งฉOpen Trades & Execution Settings
โก๏ธMax Spread: 300
- Allows trading even during wider spreads.
- Common for news or high-volatility scalping.
โก๏ธGap: 2
- Minimum price movement between trades.
- Prevents duplicate entries.
โก๏ธSleep Mode: 2
- Short pause between trade operations.
- Reduces server overload and execution errors.
โก๏ธSlippage: 1
- Very tight slippage tolerance.
- Indicates high-precision execution.
๐งฉTake Profit, Stop Loss & Trailing Logic
โก๏ธTake Profit (TP_Points): 6000
- Large TP target.
- Designed to capture quick volatility spikes.
โก๏ธStop Loss (SL_Points): 16
- Extremely tight stop loss.
- Prioritizes capital preservation.
โก๏ธTrailing Stop:
- Trailing SL Points: 20
- Trigger Points: 300
Behavior:
- Trade is protected very early.
- Losses are small, wins depend on momentum.
Evaluation:
โ Excellent for challenge passing
โ Very low loss per trade
โ Requires precise market timing
๐งฉBreakeven Settings
โก๏ธBreakpoint: 100
- Moves trade to breakeven after 100 points profit.
โก๏ธBuffer: 50
- Adds safety margin above breakeven.
Result:
โ Strong drawdown protection
โ Prevents winning trades from turning into losses
๐งฉTrend Filter
โก๏ธUseMAFilter: false
- No moving average trend filter enabled.
โก๏ธRestriction MA Length: 3
โก๏ธRestriction MA Timeframe: M15
Although parameters exist, the filter is disabled, meaning:
- EA relies on speed and volatility, not trend confirmation.
Risk:
โ More exposure to fake breakouts
โ Faster entries for HFT logic
๐งฉChallenge & Drawdown Protection Settings
โก๏ธDrawdown Monitoring: false
- EA does not actively stop trading on drawdown.
โก๏ธCapital Challenge: 100,000
- Designed specifically for a $100k prop firm challenge.
โก๏ธDaily Drawdown Percent: 0.05 (5%)
- Matches most prop firm daily loss rules.
โก๏ธMax Drawdown Percent: 0.1 (10%)
- Aligns with standard challenge limits.
โก๏ธDaily Drawdown Reset: 0
- Manual or platform-based reset assumed.
Important Note:
Even though drawdown monitoring is disabled, the parameters are correctly aligned with prop firm rules, meaning external risk control is expected.
๐งฉFinal Conclusion โ Is This HFT Challenge Passing EA Configuration Effective?
โก๏ธStrengths
โ
Optimized for prop firm challenges
โ
Very tight stop loss and breakeven logic
โ
Limited trading window reduces risk
โ
High-precision scalping execution
โ
Compliant with 5% daily / 10% overall drawdown rules
โก๏ธWeaknesses
โ Fixed lot size requires experience
โ No internal drawdown auto-shutdown
โ No trend filter enabled
โ Dependent on spread and execution quality
๐งฉOverall Verdict
This HFT Challenge Passing EA MT4 setup is professionally designed for short-term prop firm challenges, prioritizing risk control, precision, and rule compliance over trade frequency.
It is not a set-and-forget EA, but when used correctly:
- On low-latency brokers
- With correct lot sizing
- During high-liquidity sessions
๐ It can be highly effective for passing funded account challenges.
