JFX EA is a fully automated Prop Firm Robot suitable for prop firms like FTMO. It works using a proprietary indicator. This indicator, a part of the core structure of PropFirm EA, is also available for manual trading if the user prefers a more hands-on approach.

JFK EA operates through a combination of Averaging and Hedging trading methods. On default settings, Averaging is turned on while Hedging is disabled. However, users can modify these settings according to their trading strategy. They can disable Averaging if they wish for JFK EA to trade only one order. Users can also set Take Profit (TP), Stop Loss (SL), and trailing stop for each trading position, allowing for a more customized trading experience.

The PropFirm EA provides a comprehensive set of settings that users can experiment with, facilitating traders to discover the best and most profitable settings for each currency pair. For example, users can understand the average volatility of each instrument and, based on this, set appropriate stop loss and take profit values for each currency pair.

This level of adaptability enables traders to optimize their strategies according to market conditions and volatility, thereby potentially increasing profitability.

Prop Firm Robot also has an MQL4 Signal account. As observed from the attached screenshots, there is a considerable maximum drawdown of 75%. However, despite this significant drawdown, the account has successfully operated for three months.

It’s important to note that this significant drawdown is primarily caused by small deposit size. The account monitoring author trades seven pairs on a deposit of $1000, while the recommended deposit should be at least $500 for each currency pair. This implies that a minimum deposit of $3500 is advised for trading on seven pairs.

Please test in a demo account first for at least a week. Also, please familiarize yourself with and understand how PropFirm EA works, then only use it in a real account.

Recommendations for this Prop Firm Robot

• Minimum account balance of 500$ for a single pair or FTMO challenge accounts.
• Work best on GBPUSD, EURUSD, USDJPY, USDCAD, AUDUSD, USDCHF, and NZDUSD. (work on any pair)
• Work best on H1 TimeFrame. (work on any TimeFrame)
• The Best Prop Firm Robot should work 24/7 on VPS to reach stable results. So we recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
• Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)

	Low Spreads Leverage up to 1:500* No Commission	Free TradingView Premium* Register label FREE VPS for Traders*
	Min Deposit of 50$ Allow USA Traders Levergae up to 1:2000	Register label

Download a Collection of Indicators, Courses, and EA for FREE

This EA Comes with Settings for FTMO Funded Trader Program, But it also works on other funding programs. We recommend FTMO. (Learn how these trading firms work HERE.)

Updated 2023/07/29

• Read More FTMO Review & Breakdown – Is it the BEST Funded Trader Program?

Conclusion of this JFK EA

JFK EA is a robust and adaptable trading system that uses proprietary indicators and unique trading methods. With its customizable settings and MQL4 account monitoring, PropFirm EA provides traders with an innovative approach to Forex trading, promising increased potential for profitability and improved risk management. The future of automated Forex trading certainly looks promising, with tools like Prop Firm Robot leading the charge.