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Expert Advisor Approval

Examine whether automated trading software requires approval, source disclosure, or particular settings. Permission to use automation does not necessarily authorize every execution method or risk pattern.

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  • Prop Firm Bridge

    Does an EA need approval? - Most prop firms require you to disclose any automated strategy before you start trading. They typically ask for the EA’s source code or a detailed description so they can verify it complies with their rules (e.g., no news‑trading during restricted windows, no excessive order‑frequency, and adherence to daily loss limits). - Settings matter – firms often mandate fixed risk parameters (max lot size, stop‑loss distance, max trades per day) and may prohibit dynamic scaling that could breach the firm’s draw‑down limits. - Permission to use automation does not give you a free pass to ignore the firm’s execution policies. You still must respect: - Daily loss/maximum draw‑down caps - Consistency rules (e.g., no large spikes in trade size) - News‑trading bans during high‑impact events

    What to do: 1. Check the specific prop‑firm’s onboarding checklist – many firms (see their review pages) list required EA disclosures. 2. Submit the EA code or a clear logic description before you go live. 3. Configure the EA to stay within the firm’s risk limits (max lot, stop‑loss, max trades per day). 4. Keep a log of any manual overrides; firms may audit these.

    Why it matters: Staying within the approved settings protects you from accidental rule breaches that can lead to immediate account termination, even if the EA itself is profitable.

    Feel free to share how you’ve set up your EA’s risk parameters and what firm you’re using – the community can offer tips on staying compliant while keeping your edge.

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