Forex Prop Firms Yields EA — Multi-Pair GBP Trading, FTMO-Verified Challenge Pass

Forex Prop Firms Yields EA is a multi-pair automated trading system for MetaTrader 4 that uses technical signals to trade GBP-based instruments including XAUUSD across prop firm evaluation accounts.

A live real-money account returned +39.07% over seven months at 23.37% drawdown; a separate live XAUUSD account gained +26.96% over 10.5 months at 17.19% drawdown.

Key Benefits

• ✅ FTMO-Verified: Passed a £10,000 FTMO Phase 1 challenge in 9 days — max daily loss stayed at –£485.96 against a –£500 limit, so challenge sizing leaves almost no buffer. Browse more prop firm EAs
• ✅ Dual-Instrument Coverage: Live accounts document both GBP currency pairs and XAUUSD — broader instrument scope than single-pair EAs, but each additional pair adds correlated exposure during trending USD sessions.
• ✅ Drawdown Containment on Gold: The XAUUSD live signal ran 10.5 months at 17.19% peak drawdown — the lower of the two live accounts, making it the more conservative configuration for prop firm use.
• ✅ Long-Track Live History: The demo signal has run since September 2023 (19+ months), giving more behavioral data than most competing EAs show — though the 62.94% peak demo drawdown visible around July 2024 is the primary risk to size for.

Forex Prop Firms Yields EA Performance

Live verified Myfxbook signals are available for this EA — view the live Myfxbook records here.

The primary live account (GBP currency pairs) ran February–September 2023 on IC Markets MT4 at 1:100 leverage, starting from £4,100 and reaching +39.07% total gain with 23.37% peak drawdown over 22 tracked periods.

A second live account trading XAUUSD ran January–November 2024 on IC Markets MT4, depositing £5,203.43 and returning +26.96% gain at 17.19% peak drawdown over approximately 10.5 months.

Performance Snapshot

The critical risk signal is the demo account’s July 2024 drawdown event, where equity dropped approximately –60% before recovering. This level of drawdown does not appear on the shorter live accounts — the July 2024 event either predates the XAUUSD live signal or reflects demo-specific lot sizing. The divergence between demo (62.94% DD) and live XAUUSD (17.19% DD) is structural: the demo account is running higher effective risk than the live configurations. Do not use demo DD figures as a guide to what your live account will experience — use the live signals at equivalent lot sizing.

The FTMO challenge pass with –£485.96 max daily loss against a –£500 limit confirms the EA can stay inside strict prop firm rules, but the margin is £14.04 — one outlier trade on a bad-spread session could have failed the challenge. Prop firm deployment requires verified low-spread execution; high-spread brokers introduce failure risk that the FTMO result does not eliminate.

Both live accounts closed before 2024 ends and have not been updated since — the most recent live data is approximately 7 months old at time of writing, meaning current market conditions are unvalidated by live evidence.

Both live accounts are real-money verified — your broker’s spread, execution speed, and current market regime will shift these figures, and neither live account covers post-2024 conditions.

How It Works

Mechanism: The EA applies technical signal logic across GBP-based forex pairs and XAUUSD on MetaTrader 4, targeting momentum and mean-reversion setups depending on instrument. Gold and GBP pairs are traded in separate account configurations, each calibrated to the volatility profile of that instrument — XAUUSD runs at lower effective risk, reflected in its 17.19% live DD versus 23.37% on the GBP pairs account.

Signal Trigger: Entry conditions are technical and automated — specific indicator thresholds are not publicly documented, but live account behavior shows the EA opens positions across trending and range conditions rather than filtering exclusively for one regime.

Position Close: The EA closes positions at defined take-profit levels. The FTMO challenge data shows profit-taking within daily limits, confirming fixed-exit logic rather than open-ended trailing that risks daily loss breach.

Exposure Limits: The FTMO challenge pass demonstrates the EA operates within a –5% max daily loss constraint. At live account lot sizing, peak drawdown reached 23.37% on the GBP configuration — the specific maximum position or basket size setting is not documented in available data.

✅ Optimal conditions: Trending GBP pairs with normal IC Markets spread; XAUUSD during active London/New York sessions with low slippage execution.

⚠️ Avoid when: High-spread brokers or market-maker accounts — the FTMO pass margin of £14.04 daily headroom disappears under elevated spread; demo account behavior in July 2024 shows the strategy can accumulate severe drawdown during sustained adverse conditions at higher lot sizes.

This EA requires MT4. Need MT5 platform support? Browse MT5 EAs

Recommended Settings

Who Should Use This EA

• ✅ Purchase this EA if you: Are running MT4 with an ECN broker at 1:100 leverage and have £4,100+ capital — the minimum the live account ran.
• ✅ Running a prop firm challenge with a daily loss limit of –5% or stricter — the FTMO pass confirms the EA can operate within those rules, though spread conditions must match IC Markets-level execution.
• ✅ Trading XAUUSD or GBP pairs and want a dual-instrument system with separate account configurations for each — not a single-pair setup.
• ✅ Prepared to complete 60–90 days of demo testing on your specific broker before going live, given both verified live accounts are now 7–24 months old and current-market behavior is unconfirmed.

Performance verified with: IC Markets, MetaTrader 4, real-money GBP account, 1:100 leverage.

Product Download Package Includes

• ✅ Expert Advisor:
  • Forex Prop Firms Yields EA (.ex4)
• ✅ Setfiles:
  • 500$_M15_hight risk.set
  • 500$_M5_low risk.set
  • 1000$_M5_low risk.set
  • 2000$_M5_low risk.set
  • 5000$_M5_low risk.set
  • 10.000$_M5_low risk.set

The download link will be sent to your email immediately after purchase, along with a video tutorial on how to install it.

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