ADAM for FTMO 40: Our First EA Created Using ChatGPT Technology
– Trade only with reputable and verified PROP FIRMS.
– Default parameters for $100,000 Challenge.
– Tested exclusively on EURUSD and GBPUSD pairs.
– Utilize 15-minute time frames.
– Close all trades and disable auto-trading before the weekend at 12:00 GMT+3 on Friday.
– For Prop Firms, use the special Protector: https://www.mql5.com/en/market/product/94887
Signal using ADAM: https://www.mql5.com/en/signals/2190554
When cutting-edge AI technology, ChatGPT, merges with our 17 years of experience in global trading, broker tools development, and prop-traders algo trading, the result is a powerful system designed to pass the FTMO challenge and create an algorithmic trading system for brokers and prop firms.
We brainstormed strategies, debated the most effective indicators, and refined our approach for the FTMO challenge. After extensive discussions with AI, we generated hundreds of lines of code, fully compiled in MQL at lightning speed.
Key steps in our process included:
- Brainstorming ideas, indicators, strategies, and techniques.
- Selecting a concept and coding an EA (Expert Advisor) accordingly.
- Thoroughly testing and fixing any bugs or issues.
- Optimizing the EA to achieve positive results over several months.
- Repeating steps 1-4 if initial results are not promising in terms of profit/risk ratio.
- Adding risk management features, functionalities, and manual rules, followed by thorough testing on a demo account.
- Refining and optimizing ideas, removing unnecessary components.
- Proving the concept on a demo account to verify its effectiveness.
- Transitioning to real trading and refining manual rules, such as closing positions during risky times or news events.
Starting the real challenge at Step 7 may seem risky, but after extensive testing and refining, we have taken the leap. While back-testing provides valuable insights, it cannot guarantee future trading results. Our goal is to continually innovate and share our experiences and products with you. Some traders have already provided positive feedback on using the AI Broker version.
Account Settings:
- For a $25K account, use Max_LOT = 0.25-0.75.
- For a $50K account, use Max_LOT = 0.5-1.5.
- For a $100K account, use Max_LOT = 1-3.
- For a $200K account, use Max_LOT = 2-6.
- For a $300K account, use Max_LOT = 3-9.
Risk Disclaimer:
We do not guarantee any profits from trading. Our focus is on creating quality products to help you pass Prop trading challenges to the best of our abilities.
Read more on our blog: https://www.mql5.com/en/blogs/post/752978