Community Forums › Forums › General Discussion › EAs no longer work with prop firms, solution?
- This topic has 26 replies, 9 voices, and was last updated 9 months, 1 week ago by
Alan Northam.
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AuthorPosts
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May 3, 2024 at 9:20 am #253056
pratik cource
ParticipantWhich copier is good can you pls suggest me.. I want to copy mt4 to c trader
May 3, 2024 at 12:57 pm #253097Alan Northam
ParticipantHi pratik,
I don’t have any experience with trade copiers so I cannot recommend one.
Alan,
May 8, 2024 at 1:50 am #253873shlangster
ParticipantI use the copier from http://dxcopier.net . 1 month – no failures so far. It is limited to 2 mt accounts though, but I can run unlimited instances on one account and configure them to copy to different dxtrade accounts.
May 13, 2024 at 8:19 pm #254854Muhammad Usama
ParticipantHey Alan. I am currently thinking of buying a 100k ftmo challenge along with an EA (costing about 1200$) developed by one of my mentors who teaches the SRC strategy. Since I’m currently in Pakistan where we’ve got no issue yet with regards to mt4/5, my only concern remains the fear of 3rd party breach that I believe must’ve also occured with Petko (Although I’m confident that the EA I’m looking to use is not very public). Could you kindly pitch me in on the current situation of ftmo with EA’s and if your suggestion of slightly changing tp/sl level and magic number of EA still stands?
May 16, 2024 at 1:28 pm #255328pratik cource
ParticipantIf I send trades to DX traders from MT4, will the prop firms company come to know that he is using a tarder copier?
shlangster
May 16, 2024 at 2:05 pm #255332Alan Northam
ParticipantHi pratik,
As far as I know most prop firms allow you to use a trade copier as long as you are copy trading your own EAs from your forex broker. What they don’t accept is for you to be using trade signals from a third party. Ask your prop firm if it is OK for you to copy trades from your own brokerage account.
Alan,
May 16, 2024 at 2:08 pm #255333Alan Northam
ParticipantHi shlangster,
I am happy to hear you are having success using a dxtrade copier.
Alan,
May 30, 2025 at 4:23 am #453774David
ParticipantHola Alan, respecto a tu respuesta a hemmy sabes si aún sigue vigente para FTMO?
May 30, 2025 at 4:35 am #453776David
ParticipantHi Alan, regarding your response to hemmy, do you know if it’s still valid for FTMO?
May 31, 2025 at 11:21 pm #454015Alan Northam
ParticipantHi David,
Sorry I do not know. I am in the United States and FTMO has not allowed US traders for quite some time. I have been spending my time trading my own accounts using US forex brokers.
Alan,
May 31, 2025 at 11:36 pm #454019David
ParticipantAlan, But I mean, if I modify the parameters and magic number of the third-party EA, it currently still works and there is no problem with FTMO?
June 1, 2025 at 1:24 pm #454078Alan Northam
ParticipantHi David,
I cannot say for sure if that would work as I do not know the algorithm they use to detect if expert advisors are highly correlated.
Alan,
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