DJI Prop MT5

The DJI Prop MT5 is a specialized software tailored for professional trading of the Dow Jones index (US30) under the conditions set by proprietary trading (PROP) firms. This software is designed to meet the stringent standards of PROP firms, which include: a maximum drawdown per day of less than 5%, an overall drawdown of less than 10%, a minimum monthly profit of 10%, and leverage of 1:100 or less.

Optimizing Trades with DJI Prop MT5

The DJI Prop MT5 is more than a trading software. It is a tool that optimizes trading by calculating the lot size based on the risk level set by the PROP firms. This feature allows traders to maximize profits while keeping within the risk parameters set by their PROP broker.

While primarily designed for PROP firms, DJI Prop MT5 can also be used with any broker. This flexibility makes it a versatile tool for traders regardless of their brokerage affiliation.

Forex Market Analysis and Trade Optimization

One of the standout features of the DJI Prop MT5 is its built-in news filter. This feature blocks the opening of trades during the release of significant news. By doing so, it helps traders avoid potentially unprofitable trades during periods of high market volatility.

The DJI Prop MT5 is optimized for the M15 chart of the Dow Jones index, and there’s no need for an additional set file. However, users have the flexibility to adjust the risk conditions to meet the requirements of their PROP broker.

Proprietary Trading Firms and the DJI Prop MT5

For those intending to pass the PROP challenge, a minimum deposit of $5,000-$10,000 is recommended. However, the DJI Prop MT5 can be used with a smaller deposit from a regular broker. Keep in mind that in such a scenario, the drawdown value might be larger as the lot size is calculated based on the deposit size and the minimum allowable lot.

During testing, a $10,000 deposit with default settings was used. When the risk parameter is adjusted, the risk/profit ratio will change. Higher risk may lead to higher profit, but also to an increased allowable drawdown.

DJI Prop MT5 Parameters

DJI Prop MT5 provides a number of parameters for customization, including trade direction, take profit, stop loss, maximum orders at the same time, and spread protection. It also features functions for closing by opposite signal, pausing after a stop loss, news filtering, and controlling trading times and days.

FAQ

Can I use DJI Prop MT5 with any broker?

Yes, while DJI Prop MT5 is designed for PROP firms, it can also be used with any broker.

Can I adjust the risk settings on DJI Prop MT5?

Yes, you have the flexibility to adjust the risk conditions to meet the requirements of your PROP broker.

Independent testing of the DJI Prop MT5 can be viewed on the forexroboteasy.com website. Users can also subscribe to updates on the results of testing this product. We invite readers to share their experiences with using DJI Prop MT5. Please note that this is an independent product review and is not affiliated with the creators of DJI Prop MT5.