Prop GT MT4 (Platform build 1420+)
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What is Prop GT MT4?
Prop GT EA is an algorithmic trading system designed to optimize trading strategies and enhance profits. The EA enhances the depth of features, performance and overall value that Prop GT MT4 brings to traders looking for a powerful and efficient automated trading solution. The EA has also shown effectiveness with Prop traders such as FTMO.
- Vendor website: Click here
Key Features
- Professional tools: Advanced strategy integration, capital drawdown stays low and suitable for FTMO traders.
- Professional risk management: All opened buy and sell orders have Stop Loss (SL) and Take Profit (TP) levels automatically integrated.
- Risk Management: Offers features to control risk, such as stop-loss orders, take-profit levels, and customizable lot sizes.
- Strategy Versatility: Capable of implementing various trading strategies, from scalping to long-term trend following.
Outstanding benefits
- Trade effectively with Prop company: Used by professional traders as a key tool to overcome difficult challenges.
- Stable performance: Real account trades are highly rated, profits are stable and drawdowns remain low.
- Compatibility: Designed specifically for the MT4 platform, ensuring seamless integration.
Prop GT MT4 Review
Prop GT MT4 is an Expert Advisor (EA) designed for a breakout scalping strategy. It’s specifically configured to help traders meet the challenges posed by proprietary trading firms (Prop Firms).
Prop GT MT4 Reviews
Prop GT MT4 Reviews
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Trading Specifications
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Minimum / Recommended deposit | $300 |
| Time frames | H1 |
| Currency pairs | EURUSD |
| Product type | NoDLL / Fix |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, HTFX Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
>>> Reviewed by David Easton
What’s in the package?
The download package of the product suite includes:
- Experts: Prop GT MT4_1420+.ex4
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User Reviews
Only logged in customers who have purchased this product may leave a review.
1. What is PROP GT Expert Advisor and what is it designed for?
PROP GT is an automated trading system (Expert Advisor) designed to help you pass Prop Firm challenges and potentially continue trading profitably afterwards. It focuses on minimizing risk and following Prop Firm rules.
2. How does PROP GT manage risk?
The built-in PROP Controller module monitors your account and automatically closes trades if drawdown (losses) reach critical levels set by Prop Firms. It can also stop trading if you reach your profit target.
3. What currency pairs does PROP GT work best with?
PROP GT comes pre-configured for EURUSD, GBPUSD, and USDJPY. You can use other pairs, but these are recommended for optimal performance.
4. How do I set up the GMT parameter?
This is crucial for proper operation. You need to find the difference between your broker's server time and Greenwich Mean Time (GMT) and set that value in the EA settings.
5. What is the recommended risk level for the Prop Firm challenge?
PROP GT suggests starting with a 1% risk per trade to minimize risk and avoid blowing up your account. You can gradually increase risk later if needed.
6. What happens if I want to manually trade with PROP GT?
PROP GT offers a bonus Trading Panel module with stop-loss and take-profit features and even signal indicators for potential entry points. To access this, you need to contact the developer.
7. What trading strategies does PROP GT use?
The core strategy focuses on breakouts of support and resistance levels. The Trading Panel additionally offers imbalance and trend-following signals.
8. What are the minimum requirements for using PROP GT?
You need a trading account with EURUSD, GBPUSD, and USDJPY pairs, a minimum deposit of $300 USD, and leverage of 1:100 (although leverage can vary by broker).
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