HFT Passing Prop EA MT5

HFT Passing Prop EA is a fully automated expert advisor for MetaTrader 5. It places short-term scalping trades at a high rate and is intended for traders who work through prop firm challenges and evaluations. It was tested mainly on the US30 index on the M1 chart.

How it works

The EA opens and closes positions on its own, with no manual input once it is attached to a chart. The store tags it under scalping, grid and support and resistance, which points to short trades that react to price levels and may place several orders near one another. Because the exact entry and exit logic is not set out in full detail, you should watch how it behaves in the Strategy Tester and on a demo account. Pay particular attention to how many positions it can hold at once and how it handles a losing streak.

The author states that the robot does not rely on martingale or hedging. Even so, verify the lot sizing and position count yourself with your own settings before you trust it with a paid evaluation.

Markets and timeframes

• Primary symbol tested: US30, the Dow Jones index CFD.
• Reference chart: M1. The EA can be loaded on other timeframes, but behaviour may change.
• Other symbols may be possible with adjusted inputs. Check your broker's spread, commission, contract size and symbol name first.

Settings

All inputs are available to the user, so the EA can be fitted to a given firm's limits. The exact list and default values can vary, so read the Inputs tab after loading the EA. Before you start, check these areas:

• Lot size or risk per trade, relative to your account size and the firm's maximum loss rules.
• Profit target and stop-loss distances.
• Maximum number of open trades at one time.
• Allowed trading hours and any spread filter.
• Daily and overall drawdown limits, if the EA offers them.

If a preset file is available from the author, load it through the Inputs tab and then review each value instead of accepting it blindly.

Risk

High-frequency scalping depends heavily on execution quality. Spread, slippage, latency and the broker's order rules can all change the results. A backtest that uses 1-minute OHLC modelling is less precise than one that uses real tick data, so do not treat it as a forecast.

Installation

1. Download the files after purchase and open MT5.
2. Choose File, then Open Data Folder, and go to MQL5, then Experts.
3. Copy the EA file there, then restart MT5 or refresh the Navigator panel.
4. Add US30 (or your chosen symbol) to Market Watch and open an M1 chart.
5. Drag the EA onto the chart, allow algorithmic trading in the dialog and review the inputs.
6. Make sure the Algo Trading button on the toolbar is enabled, and test on a demo account first.

If the EA does not start, check the Experts and Journal tabs for error messages, and confirm that your broker allows automated trading on the account.