Obsidian Challenge 5

Live run of the EA:https://www.mql5.com/en/signals/1897352

MT4 version:https://www.mql5.com/en/market/product/95647

Checkout the video of backetest and how to run live properly at the end of the description.

contact me for more information.

Our robot is the result of extensive research and development, utilizing multiple custom-made indicators to create a powerful trading tool that aims to identify the best possible entries in the Forex market.
This advanced robot has successfully passed propfirm's rigorous testing and challenge requirements,making it a reliable and trustworthy tool for traders looking to improve their performance.

The custom indicators used in our robot provide a comprehensive view of the market,analyzing a wide range of factors such as trend direction, support and resistance levels,and key price levels. By combining these indicators, our robot is able to identify high-probability trading opportunities with a high degree of accuracy.

Our robot is designed to adapt to changing market conditions, allowing it to perform well in both trending and ranging markets. This adaptability is a key factor in its success in the prop firm challenge, where consistency and reliability are essential.

In addition to its technical analysis capabilities, our robot also incorporates fundamental analysis into its trading strategy. By analyzing key economic data and market news, our robot is able to adjust its trading strategy to capitalize on potential market-moving events.

Set file for passing challenges is in the comment section.
Please run the Expert on CADCHF and H1 timeframe and the Expert will take care of the rest.
Only run it on one chart.

Inputs details

"Common settings"

• Magic Number: This is a unique identifier for the robot's trades. It allows the robot to keep track of its own trades and differentiate them from other trades placed by the user or other robots.

• Enter the pairs you want to trade: This input allows the user to specify which currency pairs they want the robot to trade. The user can enter one or more pairs separated by a comma.

• Suffix of symbols: This input allows the user to specify a suffix that is added to the currency pair symbol. For example, if the user enters "_m" as the suffix, the robot will trade the EURUSD_m instead of the EURUSD.

• Prefix of symbols: This input allows the user to specify a prefix that is added to the currency pair symbol. For example, if the user enters "X_" as the prefix, the robot will trade the X_EURUSD instead of the EURUSD.

• Order comments: This input allows the user to add comments to the orders placed by the robot. The comments can be used to identify the robot's trades or to provide additional information about the trade

"Trading style"

Trade direction: This input allows the user to specify the direction of the trades. The user can choose to trade only buy positions, only sell positions, or both.

Lot, -1 for automatic calculation: This input allows the user to set the lot size for the trades. If the user sets this value to -1, the robot will automatically calculate the lot size based on the user-defined risk and the account balance.

Trades Risk in case of automatic calculation: This input allows the user to set the risk level for the trades. If the user sets the lot size to -1, the robot will use this value to calculate the lot size.

Automatic calculation type: This input allows the user to choose the method for calculating the lot size. The user can choose from fixed lot size, percentage of the account balance, or percentage of the available margin.

Multiply Stoploss: This input allows the user to set a multiplier for the stop loss value. The stop loss value will be multiplied by this value to set the actual stop loss level.

Multiply Takeprofit: This input allows the user to set a multiplier for the take profit value. The take profit value will be multiplied by this value to set the actual take profit level.

Entry signal strength: This input allows the user to set the strength of the entry signal. The strength can be used to filter out weaker signals and only take trades with higher probability of success.

Not opening multiple trades on the same pair: This input allows the user to specify whether the robot should open multiple trades on the same currency pair. If the user sets this value to true, the robot will only open one trade per currency pair.

Closing orders when Drawdown is high: This input allows the user to set a drawdown level at which the robot will close all open orders. This can be used to prevent large losses in case the market moves against the robot's positions.

FTMO stops changer: This input allows the user to enable/disable the FTMO stops changer feature. FTMO is a proprietary trading firm that has certain rules and restrictions for traders. The stops changer feature automatically adjusts the stop loss level of the trades to comply with FTMO's rules.

FTMO closing trades on Friday at hour: This input allows the user to set a specific time on Friday after which the robot will close all open trades. This is useful to avoid holding positions over the weekend when the market may have unpredictable price movements.

Stop trading after X number of losses: This input allows the user to set a limit on the number of consecutive losing trades after which the robot will stop trading on that day. This is useful to prevent further losses and to give the user an opportunity to re-evaluate the robot's strategy.

Trailing stop pip, -1 for off: This input allows the user to enable/disable the trailing stop feature. A trailing stop is a stop loss level that automatically moves with the market price to lock in profits.

"Trading Time"

Monday trading start hour: This input allows the user to set a specific time on Monday when the robot will start trading.

Monday trading end hour: This input allows the user to set a specific time on Monday when the robot will stop trading.

Tuesday trading start hour: This input allows the user to set a specific time on Tuesday when the robot will start trading.

Tuesday trading end hour: This input allows the user to set a specific time on Tuesday when the robot will stop trading.

Wednesday trading start hour: This input allows the user to set a specific time on Wednesday when the robot will start trading.

Wednesday trading end hour: This input allows the user to set a specific time on Wednesday when the robot will stop trading.

Thursday trading start hour: This input allows the user to set a specific time on Thursday when the robot will start trading.

Thursday trading end hour: This input allows the user to set a specific time on Thursday when the robot will stop trading.

Friday trading start hour: This input allows the user to set a specific time on Friday when the robot will start trading.

Friday trading end hour: This input allows the user to set a specific time on Friday when the robot will stop trading.

Friday closing trades hour: This input allows the user to set a specific time on Friday after which the robot will close all open trades. This is useful to avoid holding positions over the weekend when the market may have unpredictable price movements

past performance does not guarantee future profits.