Prop Firm EA V2.0 MT4

Ever blown a prop firm account just a few trades before the finish line? Happens to the best of us. The daily drawdown rule, the 10% overall limit, no scalping loopholes—it’s a minefield. That’s exactly why Prop Firm EA V2.0 MT4 was created.

Designed by the YoForex team to beat the system (legally, of course), this expert advisor is tailor-made for prop firm evaluation accounts like FTMO, MyForexFunds, The5ers, and more. It trades smart, stays within risk, and adapts to news—all on autopilot. And guess what? It’s 100% free on MQL5.software.

Overview

Prop Firm EA V2.0 MT4 is a fully automated trading bot engineered for prop firm rules. That means no martingale, no over-leveraging, no gambling setups. Just clean trades, tight stop-losses, consistent risk management, and smart filters that help you survive and thrive in evaluation phases.

• Compatible with major prop firms: FTMO, MFF, The5ers
• Safe for real accounts and demo challenges alike
• Risk parameters aligned to daily and total drawdown caps
• No high-frequency noise or dangerous hedging tactics

Dark Nova EA MT4NODLL 7

Key Features

• Drawdown Control Logic: Auto-stops if daily or max DD is triggered
• FTMO & MFF Compatible: Meets the strictest evaluation rules
• No Martingale, No Grid: Trades come with SL/TP, no over-exposure
• Daily Profit Target Algorithm: Stops trading after reaching your % goal
• Built-in News Filter: Avoids trading around NFP, CPI, and FOMC
• 1–3% Daily Profit Range: Consistent returns without high risk
• Supports Multiple Pairs: EURUSD, XAUUSD, GBPUSD, USDJPY
• Time Filter: Avoids low-liquidity and news-susceptible hours
• Broker Friendly: Works on Exness, IC Markets, FBS, RoboForex
• Lightweight Code: Runs smooth on any MT4 VPS
• Free for Life: No trials, subscriptions, or account links

Backtest Results & Proof

Total Trades: 765
Net Gain: +132.6%
Max Drawdown: 4.3%
Pass Rate: 92% of FTMO Phase 1 simulations
Profit Factor: 2.2

Dark Nova EA MT4NODLL 1 5

How to Install & Configure

Download the EA from MQL5:
➔ Download URL: https://mql5.software/prop-firm-ea-v2-0-mt4
Copy PropFirm_EA_V2.0.ex4 to MQL4/Experts
Restart MetaTrader 4
Attach to a chart (e.g. EURUSD M15)
Open Inputs Panel and set:
RiskMode: Safe / Moderate / Aggressive
MaxDailyDrawdown: 5%
TargetDailyProfit: 2%
EnableNewsFilter: true
TradeStartTime/EndTime: 06:00 – 20:00

Why YoForex?

YoForex has a proven track record in developing reliable, rule-compliant, and totally free forex automation tools. We understand how frustrating prop firm challenges can be—and that’s why we’ve tested Prop Firm EA V2.0 under real conditions.

We don’t charge subscriptions, licenses, or monthly fees. Just download and trade. Check out our About Us to see our story and browse our library of free tools.