Good. Because you’re about to embark on the most exciting, hilarious, and achievable prop firm conquest of your life.

Tools

✅ The Challenge Breakdown

Let’s understand the battleground first:

• Starting Capital: $10,000
• Leverage: 1:30
• Profit Target: +10% (=$1,000 gain)
• Max Daily Drawdown: 5% ($500)
• Max Total Drawdown: 10% ($1,000)
• Holding over weekends? YES – it’s the Swing account.
• Time Limit: None. You have all the time in the world – but let’s not grow old trying.

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🧠 Step 1: Build Your Robo-Army in StrategyQuant X

StrategyQuant X is your algo-trading Death Star. You don’t need to code – just build, filter, and conquer.

🎯 Choose Your Weapons (Markets)

You want 6–10 uncorrelated instruments. Try this diverse dream team:

• EURUSD – Smooth like butter
• GBPUSD – Volatile and dramatic, like reality TV
• USDJPY – The quiet sniper
• XAUUSD (Gold) – Wild child of the metals world
• NAS100 (Nasdaq) – Zoom zoom, big booms
• GER40 – Europe’s market muscle
• XTIUSD (Crude Oil) – The moody cousin with huge profits
• USDCAD – Mr. Sideways until news hits

Each one gets their own EA. No overlap. No drama. Like a reality show where no one shares the hot tub.

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🧪 Step 2: Filter Like a Savage

Not every EA gets to walk the red carpet. Only the elite survive.

Set these minimum metrics in StrategyQuant X:

• Profit Factor (PF): ≥ 1.5
• Max Drawdown: ≤ 15%
• Annual Return: ≥ 30%
• Return/DD Ratio: ≥ 2.0
• Trades in backtest: ≥ 100
• Stability: No one-hit wonders. We want consistent equity curves, not Mt. Everest followed by the Mariana Trench.

Use robustness testing like:

• Monte Carlo simulations
• Out-of-sample testing
• Multi-market testing
• Parameter sensitivity analysis

Remember, you’re building bots that can survive 2020, 2008, and your cousin’s wedding speech.

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⚙️ Step 3: Risk Management That Would Make a Hedge Fund Blush

You pass by not dying. That’s rule #1.

💸 Risk Per EA

• 0.25% – 0.5% risk per trade.
• If you run 8 EAs, that’s 8 × 0.5% = 4% total risk if they all fire at once. Still under the 5% daily DD limit.

🛑 Daily Risk Limit

• Hard stop at 3.5% daily loss. If you’re down, STOP. Go outside. Touch grass. Pet a dog.

💼 Total DD Buffer

• Plan for a max portfolio drawdown of 6%. We stay well below the 10% allowed. Think of it like driving with airbags deployed at all times.

🔐 Bonus Tip:

Add a “circuit breaker” EA or master dashboard that stops all trading for the day if equity drops 3.5%. Like a personal assistant that slaps the mouse out of your hand if you get emotional.

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🧠 Step 4: The Timeline to Glory

Since there’s no time limit, this is not a sprint. It’s a leisurely hike with snacks.

Ideal Return Pace

• Aim for 4–5% per month.
• That means you pass Phase 1 in ~2 months (or sooner if you catch a big trend on gold or NAS100).

Coasting Strategy

Once you hit +10%, stop all risk and just trade micro-lots for the minimum 4 trading days. Don’t let victory slip away because of “just one more trade.”

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🎮 Step 5: Deploy to MT5 + VPS = The Magic Combo

• Export your EAs from StrategyQuant X to MT5 (.mq5 files).
• Run them on a VPS (Virtual Private Server) 24/7 so your bots don’t nap during a juicy setup.
• Even your toaster gets downtime. Your EAs don’t.

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✅ Checklist: The FTMO Challenge Killer Kit

Element	Goal
Number of EAs	6–10 (one per instrument)
Risk per EA	0.25% – 0.5%
Profit Factor (PF)	≥ 1.5
Annual Return	≥ 30%
Max Drawdown	≤ 15%
Monthly Target	~4–5%
VPS Running?	Always
Leverage (FTMO Swing)	1:30

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🧘 Final Thoughts: You’ve Already Won

This isn’t a get-rich-quick scheme – this is a get-funded-by-robots game plan.

By following this strategy, you will:

• Build a diversified, uncorrelated portfolio of killer EAs.
• Control risk like a pro.
• Use FTMO’s unlimited time to your advantage.
• Show them that yes, automation works – and you’ve got the receipts.

And remember: if your bots can pass the FTMO challenge, they can run a funded account like bosses too.

So go build those bots, launch that army, and pass that challenge. You’re not just a trader anymore. You’re the general of an unstoppable algo legion.

Reach out to me if you have any questions!