SpaceX Prop EA V1.0 MT4 – The Smart Way to Pass Prop Firm Challenges
Prop firm evaluations have become the gateway for many traders who dream of scaling their capital. The challenge, however, is that passing these evaluations is no easy task. Traders must adhere to strict rules, maintain disciplined drawdown levels, and deliver consistent performance. This is where SpaceX Prop EA V1.0 for MT4 steps in. Designed as a highly intelligent Expert Advisor (EA), this automated trading system makes prop firm passing easier, safer, and smarter.
Built with advanced Elliott Wave Triple Combo patterns, Fibonacci Speed Resistance Fan analysis, and a grid recovery mechanism, the EA provides traders with everything they need to trade profitably and responsibly within the demanding conditions of prop firm evaluations.
What Is SpaceX Prop EA V1.0 MT4?
The SpaceX Prop EA V1.0 is an automated trading robot for MetaTrader 4. Its primary objective is to help traders pass prop firm evaluations by combining precision entry strategies with conservative risk management. Unlike conventional scalping or martingale bots, it focuses on sustainable profit generation with a maximum drawdown protection of just 3%, which is crucial for firms with strict risk rules.
Key highlights:
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Platform: MetaTrader 4 (MT4)
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Supported Pairs: GBPUSD, EURNZD, EURAUD
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Timeframe: M1 (1-minute charts)
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Strategy: Elliott Wave + Fibonacci + Grid Recovery
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Goal: Pass prop firm challenges and achieve consistent profitability
Why SpaceX Prop EA Stands Out
Many EAs claim to work well with prop firms, but very few can handle the balance between profitability and strict evaluation requirements. SpaceX Prop EA stands out for four main reasons:
1. Elliott Triple Combo Wave Strategy
The EA uses Elliott Wave theory in a triple combination pattern, which improves accuracy in identifying market cycles. This allows the system to anticipate short-term corrections and long-term impulses, increasing the likelihood of precise entries and exits.
2. Fibonacci Speed Resistance Fan Integration
By integrating Fibonacci Speed Resistance Fan, the EA aligns its entries with natural market retracement and extension levels. This ensures that trades are executed where probability is highest, reducing unnecessary risk.
3. Grid Recovery System
Unlike reckless grid systems, SpaceX Prop EA uses a disciplined grid recovery approach. It opens calculated positions in case the market moves against the initial trade, ensuring controlled recovery without exceeding the 3% risk cap.
4. Prop Firm Friendly Risk Management
The EA is designed with prop firms in mind. With 3% maximum drawdown protection, it respects the strictest trading rules while maintaining consistent profits. It avoids over-leveraging, dangerous martingale multipliers, or unrealistic lot sizing.
How It Works
SpaceX Prop EA works in a three-step cycle:
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Signal Detection
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The EA scans GBPUSD, EURNZD, and EURAUD pairs on the 1-minute timeframe.
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It applies Elliott Triple Combo patterns alongside Fibonacci fan levels to detect potential reversal or continuation zones.
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Trade Execution
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Once a trade opportunity is identified, the EA opens positions with predefined risk settings.
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Lot sizes are automatically adjusted to ensure capital protection.
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Recovery & Risk Control
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If the market moves unfavorably, the EA initiates its grid recovery mechanism.
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All trades are managed within the 3% maximum drawdown rule, ensuring compliance with prop firm risk policies.
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Benefits of Using SpaceX Prop EA
✔ Perfect for Prop Firm Evaluations
Passing evaluations requires consistency and discipline. SpaceX Prop EA is built for this exact purpose, allowing traders to trade stress-free and focus on funding goals.
✔ Works on Fast Timeframes
Running on the M1 chart, it captures quick market moves, leading to higher trading frequency and faster account growth.
✔ Multi-Pair Trading
By supporting GBPUSD, EURNZD, and EURAUD, the EA spreads trading opportunities across different markets, reducing reliance on a single currency pair.
✔ Minimal Drawdown
The 3% maximum drawdown cap ensures that traders do not fail challenges due to unexpected market volatility.
✔ Fully Automated
No manual intervention is required. The EA takes care of entries, exits, recovery, and money management automatically.
Recommended Settings
To maximize performance, here are the recommended settings for SpaceX Prop EA V1.0 MT4:
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Platform: MetaTrader 4
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Pairs: GBPUSD, EURNZD, EURAUD
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Timeframe: M1 (1-minute)
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Minimum Deposit: $200 for personal accounts; follow prop firm requirements for challenges
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Account Type: ECN / Raw Spread with low commission brokers
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Leverage: 1:100 or higher for optimal trade execution
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Risk Settings: Default 3% maximum drawdown (customizable if firm rules allow)
Who Should Use SpaceX Prop EA?
1. Prop Firm Traders
If you are attempting to pass FTMO, MyForexFunds, The Funded Trader, or other prop challenges, this EA can be your perfect tool.
2. Beginner Traders
New traders who lack time or knowledge for manual trading can rely on SpaceX Prop EA’s automated strategies.
3. Experienced Traders
Seasoned traders can integrate the EA into their portfolio for diversification and consistent performance.
4. Risk-Conscious Investors
If capital preservation is your top priority, this EA’s 3% risk cap ensures your funds remain protected.
Backtesting & Performance
In historical backtests, SpaceX Prop EA demonstrated:
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High win rate trades on short timeframes.
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Controlled drawdown under 3%.
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Steady equity curve growth without extreme spikes or crashes.
The grid recovery system ensured that even losing trades were recovered effectively without blowing the account. While past performance is not a guarantee of future results, the EA’s risk management features make it a reliable choice for evaluation accounts.
Tips for Best Results
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Always run the EA on a VPS to avoid internet or power interruptions.
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Use low spread brokers for better accuracy.
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Follow the default risk settings to stay within prop firm requirements.
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Avoid manual interference with trades, as it may disrupt the strategy logic.
Conclusion
The SpaceX Prop EA V1.0 MT4 is more than just a trading robot – it’s a complete solution for traders aiming to pass prop firm challenges. By combining Elliott Triple Combo Waves, Fibonacci Fan levels, and a disciplined grid recovery system, it delivers sustainable profits while strictly managing risk.
If you’ve been struggling to pass prop evaluations, SpaceX Prop EA could be the missing piece in your trading journey. With its 3% maximum drawdown cap, multi-pair trading capabilities, and prop firm-oriented strategy, this EA offers a clear path to success.
Take the next step and experience how SpaceX Prop EA V1.0 MT4 can transform your trading career.
