Algoprofx FTMO BST16 EA with Equity Protector

The Algoprofx FTMO BST16 EA operates using the highly effective GOLD currency instrument. Its unique algorithms calculate the most favorable times to enter and exit the market, minimizing risks while maximizing potential returns. By continuously analyzing market conditions, the EA ensures that trades are executed with impeccable timing, optimizing profitability.

Equipped with sophisticated algorithms, the EA eliminates emotional biases that often plague manual trading. It makes rational decisions based on data and market analysis, ensuring consistent and reliable performance even in volatile conditions.

Key Features and Benefits of Algoprofx FTMO BST16 EA

• Automated Trading: The EA handles all aspects of trading, from analysis to execution, allowing you to focus on strategy development.
• Risk Management: Built-in risk management features help protect your capital and maintain consistent performance.
• FTMO-Optimized: Specifically designed to meet the stringent requirements of the FTMO Challenge.
• User-Friendly: Easy to set up and use, even for traders new to automated systems.
• Continuous Market Analysis: The EA constantly monitors market conditions to identify optimal entry and exit points.

Algoprofx FTMO BST16 EA Features

• Used on platform: Meta Trader 4.
• Curency pairs: XAUUSSD (Gold).
• Time frame: Any time (Recommend M5, M15, H1).
• Minimum deposit: 500$.
• Recommend use leverage: 1:100 or higher.
• Expert Advisor trading automated 100%.
• Recommend use VPS (Click see here).

How the Strategy Works

The Algoprofx FTMO BST16 EA operates primarily on the GOLD currency instrument, leveraging its unique characteristics for maximum profitability. Here’s a breakdown of its strategy:

• Market Analysis: The EA continuously scans the market, analyzing various indicators and price patterns.
• Entry and Exit Calculations: Using sophisticated algorithms, it determines the most favorable times to enter and exit trades.
• Risk Assessment: Before executing a trade, the EA evaluates potential risks and adjusts position sizes accordingly.
• Trade Execution: Once optimal conditions are met, the EA automatically opens or closes positions.
• Position Management: The EA actively manages open positions, applying stop-loss and take-profit levels as needed.
• Equity Protection: The built-in Equity Protector feature monitors your account balance and can halt trading if predefined risk levels are reached.

How to install and run the Algoprofx FTMO BST16 EA Trading Bot in Metatrader 4?

• Open the Metatrader 4 platform
• From the top menu, click on “File”
• Now click on “Open Data Folder”
• Open the “MQL4” folder
• Open the “Experts” folder
• Copy the Algoprofx FTMO BST16.ex4  file here
• Then close and restart the MT4 platform
• Attach the Expert Advisor to the chart

What’s in the package?

Experts:

     BST_16A_GOLD.ex4

     FTMO Protector 3.0_fix.ex4

Presets

• bst 16a low risk 1h.set
• bst 16a normal risk 15m.set
• bst16a agressive 5m.set

User Manual PDF

Important information!

For the first 2 weeks, trade on a demo account or a cent account (to choose the best trading conditions for yourself)

Install a trading advisor on a VPS

Real Account Profit Recorded every Friday (end of the trading week)

****Please note:

All Trading involves risk. Leveraged trading has large potential rewards, but also large potential risk. Be aware and accept this risk before trading. Never trade with money you cannot afford to lose. All forecasting is based on statistics derived from past performance of any trading methodology is no guarantee of future results.