FUNDEDBRIDGE EA FOR PROP FIRMS
Presentation and Information
Welcome to FundedBridge, the Knowledgeable Advisor designed for prop agency challenges.
Be taught the way it works and find out how to configure it for constant execution on MT5.
The place can I exploit it?
FundedBridge is constructed to go prop agency challenges. Backtests had been carried out on FTMO knowledge, however the identical logic applies to different corporations with comparable guidelines. MT5 solely.
Obtainable Methods
All methods had been backtested previous to launch. Extra could arrive through updates.
- MACD
- Alligator
- MACD + RSI + Stochastic
- Parabolic SAR
- Ichimoku
- SuperTrend
Problem Options
Day by day anti-drawdown
If the configured each day drawdown is reached, the EA closes present trades instantly.
Whole drawdown (BT)
For backtests: discard a set if complete drawdown is reached.
Revenue goal
When the month-to-month goal is hit, shut all and pause new entries for the remainder of the month.
I bought the EA — what now?
1) 24/7 VPS
Use a dependable 24/7 VPS to keep away from interruptions.
- Home windows VPS 2GB+ RAM advisable
- Secure connection & MT5 all the time open
- Allow MT5 auto-start on reboot
2) Connect to MT5
Discover the EA within the Navigator and fix it to the advisable image/timeframe (see Backtesting).
3) Key parameters
Select essentially the most appropriate (.set), import it, then regulate these fields:
| Parameter | Abstract |
|---|---|
| Beginning account capital | Preliminary stability (e.g., 20000). Drives lot dimension calculation. |
| Month-to-month revenue goal (%) | Shut all at goal (e.g., 8% Section 1, 5% Section 2, customized for funded). |
| Asset | Instrument to commerce (FX pair or index). |
| Max unfold (tick factors) | No entries when unfold exceeds this threshold. |
| Month-to-month Restart | Backtesting solely. Preserve “false” in stay buying and selling. |
| Earlier month loss restoration | Backtesting solely. Use with Month-to-month Restart to simulate restoration. |
| Take a look at mode | Inner exams solely. Disable earlier than stay. |
| Day by day drawdown restrict (%) | Set barely beneath agency rule (e.g., 4.9% if 5%). |
| Month-to-month drawdown restrict (%) | General loss cap for the analysis (usually 10–12%). |
| Magic Quantity | Distinctive ID for this EA’s trades. Use totally different numbers per chart/EA. |
Vital: You may regulate different inputs, however defaults are advisable for finest efficiency.
4) Allow AlgoTrading (EA + Platform)
EA “Widespread” settings
- Double-click the EA → Properties → “Widespread” tab
- Test “Enable Algo Buying and selling”
MetaTrader button
- Click on “Algo Buying and selling” on the MT5 toolbar
- It ought to flip inexperienced when lively
Vital: If AlgoTrading isn’t enabled in each locations, the EA can not open trades.
Different Enter Parameters
| Parameter | Abstract |
|---|---|
| Threat/Reward issue (Mounted RR) | e.g., 1.5 = danger 1 to focus on 1.5. |
| Threat per commerce (%) of beginning capital | Typical vary: 0.5%–1%. |
| Take-profit mannequin | Mounted RR goal or reverse indicator sign. |
| Technique selector (entry/exit) | Choose the inner logic used to open/shut trades. |
| Martingale | Will increase lot after a loss; not advisable for prop accounts. |
| Shut trades on unfold improve (0=off) | Closes all if unfold (ticks) exceeds the edge. |
| Breakeven | Mounted RR: fraction to BE. Reverse: R degree to BE. 0 = off. |
| Partial TP1 & TP2 | TP2 is lively provided that strictly higher than TP1. |
| Further pips on cease loss (FX solely) | Small security buffer (≤ 1 pip). |
| Max & Min SL dimension (pips) | Ignore trades outdoors these bounds. |
| MA distance (pips; FX solely) | Minimal worth↔MA distance required to permit entry. |
| Buying and selling days | Weekday filter for entries. |
| Time | Intraday window throughout which new positions may be opened. |
| Indicators | Customise the indicator inputs for the chosen technique. |
Breakeven & Partial Take Income
Enter a worth between 0 and 1. Instance: RR=5, BE=0.5 → transfer SL to BE at +2.5R. 0 or 1 = disabled.
Enter an R-multiple. Instance: BE=1 → BE at +1R. 0 = off.
Use decimals strictly in (0,1). Examples:
- TP1=0, TP2=1 → each off
- TP1=0.5, TP2=0.7 → shut 1/3 at 50% RR; 1/3 at 70% RR
- TP1=0.6, TP2=0.2 → TP1 on; TP2 off
- TP1=0.3, TP2=1 → TP1 on; TP2 off
Use R-multiples strictly > 0. Examples:
- TP1=0, TP2=0 → each off
- TP1=1, TP2=2 → shut 1/3 at 1R; 1/3 at 2R
- TP1=1, TP2=0.2 → TP1 on; TP2 off
- TP2 is legitimate provided that strictly higher than TP1.
- If each partials are on: TP1 closes one third, TP2 one other third; final third runs to ultimate TP.
- If solely TP1 is on: it closes half.
Time Grid
Opens a base lot, then provides trades every bar as much as a restrict. Closes all when aggregated P/L reaches the set percentages. No SL/TP, no BE/partials.
- Preliminary lot dimension: First commerce lot
- Subsequent trades lot dimension: Lot for subsequent trades
- Max trades: Higher certain of positions
- Combination TP %: Mixed revenue to shut all
- Combination SL %: Mixed loss to shut all
Scale tons with account dimension (e.g., double tons when you double stability).
Backtesting
Advised workflow
- MT5 Technique Tester (CTRL+R) → optimization
- Use 1m OHLC for velocity → validate with each tick
- Optimization = customized max (rank by months at goal & optimistic months)
- Month-to-month restart resets P/L except DD; Earlier Month Loss Restoration marks subsequent month at goal provided that it recovers the loss
- When ON: reset month P/L provided that no DD was touched
- When OFF: losses carry; DD detected even after a number of months
- Use with Restart OFF: subsequent month should recuperate prior loss to rely as “at goal”
- Instance: −5% in January, goal 8% → February should do +13%
- OnTester encodes goal months & optimistic months (e.g., 30005 = 30 goal + 5 optimistic)
- Any DD → end result = −1 (auto-discard)
- Repair problem guidelines first (capital, goal, each day/month-to-month DD)
- Optimize with 1m OHLC → validate winners with Each Tick
- Embody unfold & commissions (e.g., $3/lot)
- For funded accounts: reasonable targets (≤3%), multi-year knowledge, Restart OFF
Telegram Integration
Non-compulsory: notifications and fundamental instructions.
Safety: Preserve your Bot Token non-public. Regenerate if uncovered.
1) Create the Bot
- Search @BotFather → /newbot → title + username ending with “bot”
- Copy Bot Token for EA inputs
2) Create a Channel
- New Channel → Public → decide unique_name
- Add your bot as admin (can put up)
You’ll reference this channel within the EA.
3) WebRequest in MT5
- Instruments → Choices → Knowledgeable Advisors
- Enable WebRequest for listed URL
- Add:
Required for Telegram messages.
4) EA Inputs
- Allow Telegram = true
- Paste Bot Token + channel unique_name
5) Take a look at
- /begin → bot replies
- /assist → command record
- /stopbot → channel posts disabled; /enablebot to re-enable
Optimized Presets
Decide the chance profile that fits your targets. Every preset was examined to maximise the chances of passing.
Conservative
Decrease month-to-month targets; superb for funded accounts or multi-month phases. Much less strain and decrease drawdown publicity.
Low danger, regular development
Balanced
Intermediate targets, e.g., go section 2 (5%) in a single month or cut up section 1 throughout two months.
Threat/return stability
Aggressive
Increased month-to-month targets (e.g., 8%) in a single month; sooner however riskier with extra false indicators and drawdown.
Excessive danger, excessive return
Want optimized presets tuned to your account dimension, danger and goal? Contact me through my MQL5 profile.
FAQ
It hasn’t opened any trades in two days. Regular?
Sure. The EA runs on M5/M6/M10 and opens one commerce at a time. Few trades per week are regular. Endurance is required.
