Which prop firm to choose for EA?
I made an EA based on the strategy of reversal. It runs on MT5 and pretty great. I trade only gold. However, the drawdown is little high sometimes when backtasted for years. So in a low risk profile its less than 5% which works for me as it can survive any market condition. So robust basically.
Now, as you guesses the profit is low too. So passing a propfirm challenge is gonna be pretty tough due to low profits too as i have to keep drawdown low. But an instanf funded account of 50k is great as i will only aim 1-2% per month and thats enough for me. And the prop firm will probably like this kind of strategy.
Now to the question, what should i choose? Unbelievable amount of rules for instant funding. Some dont allow Ea, some dont allow overnight trading. As a swing trader i am kind of stuck. Please drop some suggestions. Price is not a problem, but need something reliable.