FTMO Protector 8

The FTMO Protector 8 is a must-have tool for any prop-trading account and challenge. This forex software is designed to protect your forex prop trading account from unexpected drawdowns, a significant concern in forex trading. It uses MT4/MT5 Expert Advisors, allowing you to manage trades and control your profit and loss across multiple robots and currency pairs using straightforward parameters and settings.

Key Features of FTMO Protector 8

The FTMO Protector 8 offers several key features that aim to optimize forex account security. These include calculating your midnight (01:00 System time) balance and real daily profit/loss. Moreover, the software will close all Expert Advisors (EAs) once it reaches your target profit or loss. It can also close all open deals and orders, providing a comprehensive layer of forex investment protection.

How Does FTMO Protector 8 Work?

The FTMO Protector 8 allows you to use as many EAs and instruments as you need. Its input parameters are simple and user-friendly. For instance, the maximum daily loss is set at 3,000, the minimum equity at 91,500, and the equity target at 100,050.

The software also offers flexibility in terms of trading hours. Users can define two time frames, for example, 08:00-14:00; 16:30-21:00 (MT5 time). The Protector will enable the AUTO trading button at the start of each period and close all open trades and turn OFF the AUTO trading button at the end of each period. This automated process contributes significantly to risk management in forex.

Why Choose FTMO Challenge?

The FTMO Challenge offers a unique opportunity to test the FTMO Protector 8’s capabilities. During the challenge, the Protector manages your trading activities based on the time frames you set, ensuring that you neither exceed your maximum daily loss nor fall below your minimum equity.

Independent Testing and Updates

For those interested in the FTMO Protector 8, independent testing of this product can be watched on the forexroboteasy.com website. Here, users can also subscribe to updates on the testing results of this product.

FAQs

Q: Can I use multiple EAs and instruments with the FTMO Protector 8?
A: Yes, the FTMO Protector 8 allows for the use of as many EAs and instruments as needed.

Q: Can I define my trading hours?
A: Yes, with the FTMO Protector 8, you can define two time frames for trading.

Q: Where can I see independent testing of the FTMO Protector 8?
A: Independent testing can be watched on the forexroboteasy.com website.

We invite all users of the FTMO Protector 8 to share their experience and feedback about the product. This information could be invaluable for prospective users and provide helpful insights into the software’s real-world performance.

Remember, this is an independent review and the text does not endorse the product as “ours” or “my” product. The objective of this review is to provide an impartial assessment of FTMO Protector 8.