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PropEA MT5 – Full Input Settings Analysis

PropEA MT5 is an Expert Advisor (EA) specifically designed to meet the strict trading criteria of proprietary trading firms (prop firms). The settings below showcase its configuration for automated trading within capital protection limits, with strong visual feedback and trade verification features.

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PropEA MT5 – Full Input Settings Analysis 4

⚙️ Common Settings

ParameterValue
Working ModeReal (slave)
Auto-Tradetrue – EA is allowed to trade autonomously
Logging LevelInfo – Records essential activity logs
Magic Number123456 – Unique ID to distinguish EA trades
Stage Started At1970.01.01 00:00:00 (placeholder date)

🔎 These settings define the EA’s operational state and tracking mechanisms. The “slave” mode may indicate a monitoring or execution-only role in a master-slave EA network.


📊 Prop Account Settings (Prop Firm Challenge Settings)

ParameterValue
Drawdown Calculation ModeSelect type (user-defined logic)
Verification Level1 – Indicates phase or stage of evaluation
Minimum Trading Days4 – Enforces trading activity duration
Target ($)1,000 – Profit target to pass challenge
Max Daily Loss ($)490 – Limits intraday loss to stay within prop firm rules
Max Summary Loss ($)990 – Caps cumulative losses across the challenge
Total Cost ($)155 – Represents challenge fee or cost of test

🔐 These parameters align with typical FTMO, MyForexFunds, or similar prop firm evaluations, ensuring loss limits and profit targets are managed automatically.


📌 Trading Rules

ParameterValue
Trading ModeNormal – Standard mode of trade execution
Support SL (Stop Loss)500 points – Default SL per trade
Support TP (Take Profit)500 points – Default TP per trade

🎯 This configuration ensures consistency in risk-reward across all trades and may be adjusted for tighter or looser risk control depending on prop firm conditions.


💡 Visual Settings (User Interface Display)

ParameterValue
Background Transparency230 (on a scale from 0–255) – Semi-transparent UI
Text ColorWhite
Background ColorNavy
FontArial, Size 20
Chart Display PositionRight upper chart corner

🖥️ These visual preferences enhance readability and ensure clear on-screen tracking during live trading or evaluations.

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