SpaceX Prop EA V1.0 MT4

SpaceX Prop EA V1.0 MT4 – Pass Prop Firm Challenges with Ease

Tired of grinding demo challenges, only to fail at the last step? You’re not alone. Passing prop firm evaluations is one of the toughest tasks for traders today. Strict profit targets, tight drawdown rules, and psychological stress make it nearly impossible for many to succeed. That’s exactly why tools like SpaceX Prop EA V1.0 MT4 were built.

This EA isn’t just another scalper or random grid bot—it’s a purpose-designed Expert Advisor that focuses on helping traders pass prop firm evaluations consistently. By combining Elliott Triple Combo Wave logic with Fibonacci Speed Resistance Fan levels, SpaceX Prop EA makes precise entries on volatile pairs. Add to that a grid recovery mechanism and a strict 3% max drawdown, and you get a disciplined system that fits the rules of most prop firms like FTMO, MyForexFunds, or FundedNext.

In this post, we’ll dive into how it works, the trading strategy, its main benefits, and why it could be a game-changer if you’re struggling to pass prop firm tests.

Overview of SpaceX Prop EA

Platform: MetaTrader 4 (MT4)
Pairs Supported: GBPUSD, EURNZD, EURAUD
Timeframe: M1 (1-Minute Chart)
Min Deposit: $200 (recommended higher for prop firm accounts)
Risk Model: Max 3% drawdown
Strategy Type: Elliott Wave + Fibonacci Fan + Grid Recovery

The SpaceX Prop EA V1.0 has a clear mission—help traders meet prop firm profit goals without breaking the strict risk rules. It does this by using a multi-layered trading approach.

Elliott Triple Combo Wave: Helps the EA identify wave structures and predict market reversals or continuation phases.
Fibonacci Speed Resistance Fan: Adds confirmation levels for entry and exit points.
Grid Recovery System: If trades go against the initial setup, the EA manages recovery intelligently, without reckless martingale behavior.
Risk Control: A hard limit of 3% drawdown ensures your account stays within prop firm rules.

In short, it’s not just about profits—it’s about surviving and winning evaluations.

Key Features of SpaceX Prop EA

• Designed for prop firm challenges (FTMO, MFF, etc.)
• Max 3% drawdown limit for compliance
• Works best on GBPUSD, EURNZD, EURAUD
• Uses Elliott Triple Combo Wave theory for trade logic
• Integrated with Fibonacci Speed Resistance Fan confirmation
• Grid recovery system that avoids reckless martingale blowups
• Optimized for M1 timeframe (fast execution, small stops)
• Adaptive lot sizing based on account size and risk rules
• Smart stop loss & trailing logic to secure gains
• Plug-and-play—minimal configuration required
• Suitable for live trading and backtesting
• Fully automated—hands-free trading once attached to chart

How the Strategy Works

The strategy of SpaceX Prop EA is built on a blend of technical analysis + recovery mechanisms.

Wave Identification: Using Elliott Triple Combo Wave logic, the EA maps the ongoing structure of the market to spot high-probability moves.
Fibonacci Fan Confirmation: The EA checks confluence zones to confirm whether the market is about to continue or reverse.
Trade Entry: Once signals align, it opens trades with strict lot sizing and small risk.
Grid Recovery: If the market turns against the initial entry, the EA places recovery trades at strategic levels. This keeps the account from taking large immediate losses.
Risk Cap: A built-in 3% maximum drawdown means the EA will stop trading if things go wrong—ensuring the account doesn’t fail a prop firm evaluation.

This risk-first mindset is what makes SpaceX Prop EA different from most high-risk bots floating around online.

Backtest & Live Performance Insights

Backtests of SpaceX Prop EA show steady results when run on the M1 timeframe for GBPUSD, EURNZD, and EURAUD. The strategy focuses on smaller pip movements, averaging multiple small wins per session instead of relying on one big trade.

Key observations from backtests:

Drawdown stayed under 3% even during volatile sessions.
Pass rates for evaluation targets (8–10% in 30 days) were consistently achieved.
Grid recovery worked effectively without oversized lot jumps.

Live demo testing with prop firm account conditions also highlighted consistent behavior. Traders saw that even on volatile news days, the EA stayed within rules and managed trades smoothly.

Installation & Setup Guide

Installing SpaceX Prop EA on MT4 is simple:

Download the EA from MQL5.software (link below).
Open MT4 → Go to File → Open Data Folder.
Paste the EA file into MQL4 → Experts folder.
Restart MT4.
Drag SpaceX Prop EA V1.0 onto a chart (preferably GBPUSD, EURNZD, or EURAUD on M1 timeframe).
Allow AutoTrading in MT4.
Set your account size and risk % according to your prop firm rules.

Recommendation: Use a low-latency VPS to avoid execution delays, especially on the 1-minute timeframe.

Why Choose SpaceX Prop EA?

There are tons of EAs claiming to help pass prop firm evaluations—but most either overtrade, blow accounts with martingale, or ignore strict rules. SpaceX Prop EA stands apart because:

It’s built specifically for prop firm challenges.
Risk is capped at 3% drawdown, no exceptions.
It uses proven Elliott + Fibonacci strategies, not just random entries.
Smart recovery keeps accounts alive instead of blowing up.

Backed by YoForex’s philosophy of empowering traders with free tools, this EA is another step in making pro-level automated trading accessible for everyone.

Support & Disclaimer

If you run into issues, you’re never alone. The YoForex team provides free support via:

WhatsApp: https://wa.me/+443300272265
Telegram Group: https://t.me/yoforexrobot

Disclaimer: Past performance does not guarantee future results. All trading carries risk. Always test on demo before going live, and ensure compliance with your prop firm’s rules.

Call to Action

Ready to finally crush your prop firm evaluation? Download SpaceX Prop EA V1.0 MT4 today and experience intelligent trading designed to keep you within the rules while hitting your profit goals.

Download SpaceX Prop EA Free on MQL5.software

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