What is SpaceX Prop EA MT4?
SpaceX Prop EA MT4 is a sophisticated automated trading system specifically engineered for proprietary trading firm challenges, combining Elliott Wave analysis, XABCD harmonic patterns, and Three Drives formations with Fibonacci Speed Resistance Fan technology for precise market timing. This advanced EA achieved a 17.76 profit factor with 87.18% win rate while successfully passing a $100K prop firm challenge. The system maintains rigorous 3% maximum drawdown compliance and features comprehensive risk management specifically designed for FTMO, MFF, and similar prop firm requirements.
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Key Takeaway
• Comprehensive Pattern Analysis: Utilizes Elliott Wave strategies (Triple Combo WXYXZ, Double Combo WXY, Impulse formations) combined with harmonic patterns (XABCD, Three Drives) and Fibonacci Speed Resistance Fan calculations for multi-layered market structure identification
• Prop Challenge Specialization: Purpose-built for proprietary firm compliance with integrated challenge monitoring, 3% maximum drawdown enforcement, and automatic parameter adjustment for FTMO/MFF requirements
• Sophisticated Risk Management: Implements forced exit mechanisms at 8.9%, trailing stop capabilities, and news event filtering, though some configurations utilize “Stop Loss: 0.0” depending on global drawdown protection rather than individual trade stops
• Optimized Currency Focus: Specifically calibrated for GBPUSD, EURNZD, EURAUD, and GBPCAD trading on M1 timeframe with alternative M15 configurations, requiring stable VPS connection and appropriate broker conditions
• Validated Performance: Demonstrates 87.18% win rate with $311.77 average profitable trades versus $119.40 average losses across 39 trades, though based on limited 15-day testing period requiring extended market validation
• Strategic Advantages: Multiple confirmation systems provide robust signal validation and reduced false entries, but complexity may create parameter sensitivity and optimization challenges
• Implementation Considerations: Advanced algorithmic structure requires experienced oversight and may face adaptability challenges during significant market regime changes
Recommendations for SpaceX Prop EA MT4
• Platform Requirement: MetaTrader 4 (MT4) exclusively – ensure broker platform compatibility and system stability before purchase
• Optimized Pairs: GBPUSD, EURNZD, EURAUD, GBPCAD supported – GBPUSD demonstrates strongest optimization results, additional pairs may require parameter adjustment
• Broker Compatibility: Universal broker support with “All Broker: true” configuration – ECN accounts recommended for superior spread conditions and execution quality
• Timeframe Selection: M1 (1-minute) primary operation with M15 alternatives available – M1 requires reliable VPS hosting for consistent order execution
• Operating Hours: Server time 00:15:00 to 09:00:00 with 30-minute news avoidance windows – coordinate with broker timezone and major economic announcements
• Leverage Configuration: Minimum 1:20 leverage recommended by developer – higher leverage magnifies both profit opportunities and potential losses, requiring comprehensive risk understanding
• Capital Optimization: $100K recommended for proper lot scaling (0.10-0.15 per $100K) – smaller accounts can utilize 0.01 fixed lots but may limit scaling effectiveness and profit potential
SpaceX Prop EA MT4 Review
SpaceX Prop EA MT4 combines advanced Elliott Wave analysis with comprehensive prop firm compliance, delivering exceptional short-term results including successful $100K challenge completion and 87.18% win rate. The system addresses prop firm requirements through sophisticated pattern recognition and strict risk management, though complex algorithmic structure requires experienced oversight. Optimal for advanced traders familiar with Elliott Wave principles and prop firm environments. Consider the 15-day performance limitation and ongoing optimization requirements before live implementation.
Documented Results:
• Exceptional Statistics: 17.76 profit factor achieving 87.18% accuracy over 39 trades – strong performance requiring longer-term confirmation
• Challenge Completion: $100K prop account successfully passed with $10,003 profit target and zero compliance violations
• Risk Excellence: 3% maximum drawdown maintained with 8.9% forced exit protection throughout testing period
Why Choose SpaceX Prop EA MT4
• Prop Firm Excellence: Specifically engineered for FTMO/MFF success with documented $100K challenge completion, though effectiveness across different prop firms and varying market conditions requires validation
• Advanced Technical Analysis: Implements proven Elliott Wave theory and harmonic pattern recognition providing scientific trading approach, but multiple pattern dependencies may create complexity requiring ongoing parameter management
• Source Code Transparency: Complete MQ4 file access enables customization and strategy comprehension, requiring programming expertise for effective modifications and optimization
• Multi-Layer Protection: Comprehensive risk management including global drawdown limits, news filtering, and forced exits, though some configurations depend on system-wide protection rather than individual trade management
• Professional Development: Provides advanced technical analysis education while delivering practical results, combining learning opportunities with profit generation potential
Conclusion
SpaceX Prop EA MT4 represents sophisticated automated trading combining Elliott Wave mastery with prop firm compliance, achieving remarkable 87.18% win rate and successful challenge completion within strict risk parameters. Ideal for experienced traders seeking prop firm qualification through advanced pattern recognition and comprehensive risk management. Traders preferring simplified systems or lacking Elliott Wave knowledge should carefully consider the algorithmic complexity and ongoing optimization requirements essential for optimal performance.
SpaceX Prop EA MT4 Download Packages:
- Link download experts:
- SpaceX Prop EA MT4.ex4
- Presets:
- SpaceX_Prop_EA_EURAUD_M1.set
- SpaceX_Prop_EA_EURNZD_M1.set
- SpaceX_Prop_EA_GBPUSD_M1.set
FAQs
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