FRZ Prop Trading Master MT4

(5 customer reviews)

$495.00

FREE DEMO

MT5 VERSION

There is no guarantee that you will pass each and every time. Please read the FAQs at the end of the page before purchasing.

Qty Discount Price
1 License @ $495.00
2+ Licenses: each @ $396.00

SPECIAL OFFER: Now you can buy this EA along with four other top performing EAs as a bundle with staggering 50% discount!

NB: This EA can be used for both passing prop firm challenges/verifications and trading after getting funded.

FRZ Prop Trading Master is a fully automated advanced EA robot designed to pass prop firm funding challenges such as FTMO. The EA trades based on a unique algorithm and works on the 15-minute timeframe on an advanced scalping strategy. The EA includes a prop trading account monitoring module that will monitor the daily and maximum loss levels. The EA can be used for passing challenges and verifications and also trading after getting funded.

This EA also makes use of an advanced external live data analytics server that analyzes fundamental and sentimental data. Therefore part of the strategy is executed on an external server to improve the accuracy and performance.

It is designed to work on all currency pairs and also includes a news filter. We recommend you use it on all available forex pairs on your broker’s platform to increase trading. If you use it on a few pairs, you may not get the required no of trades to reach the target. However, the EA does not take simultaneous trades on related pairs. For instance, if a trade is taken on EURUSD, the EA would not take another trade on any pair that has EUR or USD.

Also, the trading pairs are randomly selected by the EA, and take-profit levels are randomly altered automatically. This would ensure that two users using the same EA on the same prop firm would not get the exact same trades.
The EA uses DCA averaging on the default settings but you may change the settings in such a way that it does not use DCA. However, we recommend using the default DCA settings for better performance.

NB: If your prop firm has any account type that allows keeping trades over the weekend, we recommend you select that type as this EA would perform better in such accounts. 

Some successful prop accounts of our clients*:

Please note our software is provided “as is”, without any warranty or condition of any kind, express, implied, or statutory. The past performance of any trading system is not necessarily indicative of future results.

*We always recommend starting with the recommended lot sizes and gradually increasing later on if necessary.

All the EA settings are explained in the user manual in our knowledge base.

How to Install:

Salient features:

  • External data analysis server – EA uses an advanced external analytics server for live fundamental and sentimental analysis.
  • Daily loss & max loss guard – the  EA will monitor these limits and close the trades before the account hits any of those limits.
  • Trade randomization: Trading pairs are randomly selected and also take profit levels are also randomly altered automatically. This would ensure that two users using the same EA on the same prop firm would not get the exact trades.
  • Target management: EA will close all the trades when the profit target is achieved.
  • Weekend auto trade close:  You may opt to close trades at the end of the Friday trading to ensure trades are not kept over the weekend if your prop firm does not allow that.
  • Info panel: You can see all the main statistics on the screen to easily understand the current situation.

EA Specs

Product name FRZ Prop Trading Master
Platform Supported MT4 & MT5 Versions Available
Time frames supported 15 Minute Charts
Trading pairs EA is designed to work on all currency pairs with USD, GBP, JPY, CAD, EUR, AUD, and NZD.
License  

The license quantity represents the no. of trading accounts that you can use the software simultaneously. You can download the software instantly after the payment but you need to notify us of your account number/s for activation. The account licenses can be transferred to a new account free subject to licensing policy. Existing customers are entitled to free lifetime updates subject to our terms. The full terms and conditions including the refund policy are given on this page.

FRZ Prop Trading Master MT4
Support

Personalized support (remote desktop/providing set files) on first installation/automation (please request within 14 days of purchase). General live chat, support ticket and email support are available thereafter. However if you need personalized support (remote desktop/providing set files) for any installation/automation beyond this scope, you can always hire one of our experts at an additional fee. More details on support is given here.

FRZ Prop Trading Master MT4
Current Version 2.2

Frequently Asked Questions

>>Is there a guarantee that I pass each and every prop firm test I take? 

Obviously No. There is no guarantee that this software will pass prop firm challenges each and every time you try.

Please note our software is provided “as is”, without any warranty or condition of any kind, express, implied, or statutory. The past performance of any trading system is not necessarily indicative of future results.

>>Do you refund me if I fail or do not reach my prop firm target?

No. We do not offer any refunds in that case as we do not guarantee that you pass. 

>>What are the expected pass rate, monthly returns, and drawdown? 

It will depend on the market and the settings used. The past performance of any trading system is not necessarily indicative of future results. But there is a good possibility that you could pass or at least qualify for a free repeat as offered by most prop firms. The EA will monitor your loss limits and it will close trades whenever they are too close. The returns/drawdown is usually dependent on lot sizing and other settings. You can try out our free demo to have an understanding of its trading patterns.

There is always a risk of failure as no one can make guarantees in trading.

>>How long would it take to complete a challenge?

It depends on your settings and market conditions. The EA scalps the market with small gains on each trade. You may always increase the lot size and other settings to increase trading but on the other hand, it will increase the risk.

>>Can I use the EA on any prop account size?

Yes. Prop account size does not matter. It can be a $2,500 account or $500,000 or any other amount. You just need to adjust the lot size and account details under settings according to your account size.

>>Is this a subscription or a one-time payment?

This is a one-time payment subject to our licensing policy where the number of licenses you purchase determines the no of simultaneous accounts you can run the EA. However, even if you buy a single license, you can always transfer the license to a new account at any time.

>>Can I use it on any prop firm? 

The basic requirement is that your prop firm should allow the use of EAs. However, please read all the FAQs to fully understand how the EA works. Also, read all the rules provided by your prop firm. If you have any concerns, please contact us for clarifications before you buy.

>>Will it follow all of my prop firm’s rules?

There are so many prop firms and they may have various rules. Our EA has provided for general rules like loss limits, news filtering, not keeping trades over the weekend, etc. However, you must carefully read the rules of your prop firm and then consider our manual to see if you can safely use the EA on your prop account. If you have any concerns, please contact us for clarifications before you buy.

>>Do you use martingale, grids, hedging, tick scalping, arbitrage, or high-frequency trading (HFT)?

The EA does not use any martingale, grids, hedging, arbitrage, high-frequency trading (HFT), or tick scalping methods. But it uses DCA averaging, which is usually allowed by prop firms. However, if you do not like to use DCA averaging, you can make the settings in a way that does not use DCA but we recommend using the default DCA-based settings for better performance.

>>Can I backtest on Strategy Tester before I use it on the live prop account? 

The full version makes use of an external analytics server, which will not work on back-testing. However, you may use our DEMO version to do back-testing, which does not use the external server data; in this case, the accuracy would be impacted but you can have a general idea of how it trades.

>>Does it need any particular leverage?

We recommend you have at least 1:30 leverage.

>>If more than one is going to use this EA on the same prop firm, will that be an issue?

Yes, this can pose some risks that you need to take. However, the trading pairs are randomly selected, and entry prices, stop loss levels, and take profit levels are also randomly altered automatically by the EA. This ensures that different users using the same EA on a single prop firm would not get the exact same trades.

>>Which lot size should I select? 

We recommend you start with 1 lot per each $50,000 balance. For instance, if your account is $100,000, then start with 2 lots. You may increase the lot size gradually if you see you may not reach the target within the given time period. This is the conservative approach.  However, you can always have a bigger lot size if you want to speed up things. Please note higher lot sizes can increase the risk of reaching the loss limits.

>>Do you provide set files? 

No. Set files are not necessary; you simply need to update your account details, lot size, and other settings to suit your prop account.

>>Can I use this EA to trade after getting funded?  

Yes. We recommend you set a conservative monthly target after getting funded; most funded users lose their account in a few months when they try to achieve unrealistic targets. We recommend you use a lower lot size than what you used in the challenge after getting funded so that you have a better chance of keeping your account active in the long term.

>>I hit my daily loss limit. Now what? 

We recommend you keep using the EA. EA will start trading the next day automatically. If you hit the daily loss limit and also you have a time limit approaching, your immediate target should be revised as securing a free repeat if that is available with your prop firm.

>>On how many MT4 accounts can I use the EA?

The EA license is based on the trading account number. The software use is limited to the account number it was licensed (The licensed account can be either a demo or a real account). The number of account licenses (license quantity) you purchase determines the number of prop trading accounts that you can run the software simultaneously.

License use examples:

  • If you buy one (License Quantity=1) account license, then you can use the software only in one trading account at any given time.
  • If you buy two account licenses (License Quantity=2), then you can use the software for up to two trading accounts simultaneously.
  • If you buy three account licenses (License Quantity=3), then you can use the software for up to three trading accounts simultaneously.

You can change the licensed account number at a nominal transfer fee of $2. This means even if you buy only a single license you can get the license transferred to a new account as you go along with the prop firm.

>>How many trades would it take a week?

This EA does not frequently trade. There can be days without a trade. The number of trades will depend on market conditions and the no of pairs you use. To increase the trading activity, you need to increase the no of charts that you use the EA on.  Please use the EA on all forex pairs you have. However, EA will not take simultaneous trades on related pairs as mentioned before.

>>Do you use a stop loss?

Under the default settings, we do use a stop loss for the sake of having a stop loss and we do not expect it to hit. The virtual stop loss we assume is simply your daily stop loss which will always be smaller than the stop loss under default settings. Also, under default settings, the EA will add more trades to the pair on a DCA strategy.

*However, you may change the settings if you need a real stop loss without DCA

>>Do I need to change the magic number for each chart/pair?

Yes, this is recommended. But please use the same magic number for all charts/pairs. You may change it for different prop accounts but not for different charts on the same Meta Trader account.

>>How long would an EA typically keep a trade?

It depends on market conditions. A typical trade can last for a few hours or close within the day or even last for a few days.

>>Does EA keep trades overnight? 

Yes, it is possible if TP is not reached.

>>Can EA keep trades over the weekends? 

This is possible. But, EA can be set to automatically close trades on Friday’s end if your prop firm does not allow keeping trades overnight.

NB: If your prop firm has any account type that allows keeping trades over the weekend, we recommend you select that type as this EA would perform better in such accounts. However, it is not compulsory. You can always set to close trades if any at the end of Friday. 

 

Please note that the past performance of any trading system is not necessarily indicative of future results. Full terms and conditions are given here.

FRZ Prop Trading Master MT4

5 reviews for FRZ Prop Trading Master MT4

  1. Ken P

    Using it on my prop firm on vps. So far it is good. It uses DCA by default. If the price goes far away against you you may get many trades. but it still doing very well

  2. helena dans

    I am using it on TFF so far it is doing good. low DD and good entries.

  3. Jason M

    I am impressed with the performance. 6% up in 10 days. Used it on 24 pairs.

  4. Hemak Koi

    It passed my ftmo in 22 days. It did get close to my daily loss limit but somehow recovered. thank you for the support

  5. Jonathn M

    It is doing better than I expected. Currently in verification. hopefully it will pass it too

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