FTMO Smart Trader EA — EURUSD Scalping Robot for MetaTrader 4
FTMO Smart Trader is a momentum-based scalping robot for MetaTrader 4 that trades EURUSD only, on the M1 chart, inside a fixed low-volatility window. It was written for proprietary trading firm evaluations — FTMO, Funded Next, My Forex Funds and firms with comparable rulebooks — where the way you lose matters as much as the way you win.
No martingale. No grid. No hedging. Every position opens with a fixed stop loss already attached.
How it trades
- Symbol: EURUSD, exclusively — the logic is tuned to one instrument rather than spread thin across many
- Timeframe: M1
- Window: 00:00 – 04:00 GMT+3, the quiet hours between the New York close and the London open
- Entry: momentum continuation, filtered so the robot sits out when there is nothing to trade
- Exit: fixed stop loss with a dynamic take profit that adjusts to the move it caught
Trading a single session on a single pair keeps the exposure profile flat and predictable, which is exactly what an evaluation account needs.
Risk controls
- Fixed stop loss on every position, set at entry — never widened
- Dynamic take profit
- No compounding-into-losses behaviour of any kind
- Conservative sizing profile, designed around a target of roughly 2% maximum drawdown
That drawdown figure is the design target the strategy was built to, not a guarantee — your broker, spread and account size all move the real number.
Requirements
- MetaTrader 4 with an ECN broker and EURUSD
- Minimum balance $200; $1,000 or more recommended
- Suits accounts from $5,000 to $50,000 and above
- A low-latency VPS is strongly recommended — this is an M1 scalper and fill quality is the whole game
Delivery and licensing
Sold, licensed and delivered through the MQL5 Market, including activations, automatic updates, the MQL5 buyer guarantee and a free demo you can run in the Strategy Tester before you buy.
