Prop Firm EA – Input Parameters Guide

You must understand the input parameters to trade safely and consistently. Therefore, this section explains each setting clearly so you can configure the EA correctly, especially for prop firm accounts.

🔹 Lot & Engine Settings

The trading engines control buy and sell activity. If you disable all engines, the EA stops placing trades.

You can also allow manual trades and let the EA manage them inside the grid system. This feature helps you combine manual and automated execution smoothly.

The EA assigns Magic Numbers to identify buy and sell trades. Always enter a unique 4–6 digit number so the system can track orders correctly.

🔹 Lot Configuration

Choose the Fixed Lot option if you want stable risk control. This setting defines your starting lot size and keeps exposure predictable.

You can select Percent Lot if you prefer automatic lot adjustment based on account balance. However, this option increases risk during volatility.

Set a Maximum Lot Size to prevent the EA from opening oversized positions. This limit protects your account from aggressive scaling.

🔹 Take Profit & Stop Loss

Set the Take Profit in pips to define your target. Set the Stop Loss to control maximum loss.

These two settings define your core risk structure. When you configure them properly, you create a disciplined trading framework.

🔹 Grid Settings

Enable grid mode if you want the EA to add trades at fixed distances. The Grid Distance setting controls the spacing between entries.

If you select martingale mode, the EA multiplies each new trade by your chosen value. If you select step mode, the EA increases lot size only after price moves a defined number of pips.

Adjust these settings carefully to stay within prop firm rules.

🔹 Equity & Drawdown Protection

Enable Equity Stop to close all trades when drawdown reaches your defined percentage. After closing positions, the EA resets and waits for new opportunities.

Activate Floating Drawdown Protection to stop new trades when equity drops to a critical level.

These protections help you maintain strict risk control and avoid rule violations.

🔹 News & Time Filters

Turn on the News Filter to pause trading around economic events. Set the minutes before and after news to control exposure.

Use the Time Filter to restrict trading to specific days and hours. This feature helps you avoid unstable or low-liquidity sessions.

⚠ Final Recommendation

Use Fixed Lot mode, enable Equity Stop, and apply conservative drawdown limits. Keep grid multipliers low and avoid aggressive scaling.

When you follow these principles, you increase stability and protect your prop firm account.