Prop EA V1.20 MT5 – Your Prop Firm Challenge Partner

Tired of blowing up your prop firm challenges because your EA either takes too much risk or doesn’t respect the rules? You’re not alone. Most traders get knocked out not because they can’t trade, but because their tools don’t fit the strict risk parameters these challenges demand. That’s exactly why Prop EA V1.20 MT5 exists — to help you meet profit targets, respect drawdowns, and pass those challenges without the unnecessary drama.

Built for MetaTrader 5 and tuned specifically for prop trading firm evaluations, this Expert Advisor balances consistent profitability with ultra-low risk. Whether you’re going for FTMO, MyForexFunds, The5ers, or any other popular prop firm, Prop EA V1.20 MT5 is tailored to keep you inside their trading limits while still moving you toward your goals.

Overview

Prop EA V1.20 MT5 isn’t just another “magic strategy” bot. It’s engineered with risk-first logic — meaning it’s programmed to prioritize survival before chasing profits. The EA works across major Forex pairs and Gold, adapting its lot size, trade frequency, and stop-loss positioning according to both market volatility and your chosen risk settings.

Some EAs focus purely on backtest beauty, but this one has been tested in both demo and live market conditions for prop firm challenges. The developers at YoForex ensured it runs on brokers with tight spreads, fast execution, and the ability to handle the sudden market swings that can blow accounts overnight.

Its main edge? The ability to trade within strict risk parameters — like a maximum 5% daily drawdown — while still giving you a shot at hitting the 8–10% monthly profit target many firms require.

Key Features

  • Prop Firm Rule-Friendly – Built to follow most challenge conditions (drawdown limits, max lot sizes, etc.).
  • Multi-Asset Support – Works on Forex majors, minors, and XAUUSD.
  • Adaptive Lot Sizing – Adjusts position sizes automatically to account balance.
  • Volatility Filter – Avoids entering trades during extremely high-risk news events.
  • Drawdown Protection – Auto-pauses trading when a set loss level is hit.
  • Low Risk, Steady Growth – Designed for 1–3% monthly drawdown with consistent profits.
  • Time Filters – Only trades during optimal market sessions.
  • No Martingale or Grid – Uses clean entries and exits without toxic money management.
  • Works with Most Brokers – Especially those offering raw or ECN spreads.
  • Easy to Install – Straightforward setup on MT5.

Backtest Results & Live Proof

Backtests of Prop EA V1.20 MT5 on EURUSD, GBPUSD, and XAUUSD over the past five years show steady, controlled equity growth.

  • EURUSD M15 (2019–2024): Average monthly gain ~7%, max drawdown 4.2%.
  • GBPUSD M15 (2019–2024): Average monthly gain ~6.5%, max drawdown 4.5%.
  • XAUUSD M15 (2019–2024): Average monthly gain ~8%, max drawdown 5%.

Live trading accounts with FTMO demo environments have confirmed its ability to pass challenges in as little as 14–18 days, without breaching the risk rules. The equity curve remains smooth, avoiding the large spikes and dips typical of aggressive bots.

Installation & Configuration

Getting Prop EA V1.20 MT5 up and running is straightforward:

  1. Download the EA file from MQL5.software.
  2. Open MT5, go to File → Open Data Folder → MQL5 → Experts.
  3. Paste the EA file into the folder and restart MT5.
  4. Attach it to the desired chart (M15 or H1 recommended).
  5. Load the Prop EA set file or adjust settings manually.
  6. Enable “AutoTrading” and let it work.

Recommended:

  • VPS for 24/5 uptime.
  • Raw/ECN broker account.
  • Minimum $500 capital for personal trading, or follow prop firm’s provided capital.

Why Choose YoForex-Powered Tools?

YoForex has built a reputation for free, high-quality trading software that doesn’t compromise on performance. Their team doesn’t just focus on creating profitable strategies — they focus on tools that work in real market conditions, not just on paper.

By choosing a YoForex-powered EA like Prop EA V1.20 MT5, you’re getting:

  • Ongoing updates and bug fixes.
  • A community of traders sharing results.
  • Support through WhatsApp and Telegram.

Support & Disclaimer

Need help installing or optimizing Prop EA V1.20 MT5? Contact the team:

Disclaimer: Past performance is not a guarantee of future results. Trading in leveraged products like Forex involves risk. Always test on a demo account before using live capital.

Call to Action

If you’re serious about passing your next prop firm challenge, Prop EA V1.20 MT5 might just be your best partner. No over-trading, no risky doubling down — just steady, rules-friendly profits.

Download Prop EA V1.20 MT5 now from MQL5.software and start trading smarter.

YoForex – empowering traders worldwide, one free tool at a time.

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Happy Trading