SpaceX Prop EA V1.0 MT4 – Smart Trading for Prop Firm Success
If you’ve ever tried passing a prop firm evaluation, you already know the drill—it’s not easy. The strict rules, limited drawdown, and high profit targets can feel like climbing a mountain with no gear. That’s exactly where the SpaceX Prop EA V1.0 MT4 comes in. Designed as a MetaTrader 4 expert advisor (EA), this bot specializes in helping traders pass prop firm challenges by applying intelligent, low-risk automation.
Built for speed, precision, and reliability, SpaceX Prop EA focuses on trading GBPUSD, EURNZD, and EURAUD. Instead of random entries or over-leveraged martingale tricks, it combines Elliott Triple Combo Wave theory with Fibonacci Speed Resistance Fan analysis to pinpoint entries and exits. Add to that a smart grid recovery mechanism and a maximum 3% drawdown cap, and you’ve got an EA that’s tailored for traders chasing consistency without blowing their account.
Let’s dive deeper into what makes this EA so unique and why traders looking to ace prop firm tests should seriously consider adding it to their arsenal.
What is SpaceX Prop EA V1.0 MT4?
SpaceX Prop EA is an automated forex trading robot built exclusively for the MT4 platform. Unlike generic EAs that try to cover every scenario, this one has a very specific mission—help traders pass prop firm evaluations.
How does it achieve that? By sticking to three key principles:
- Strict risk management – capped drawdown of only 3% per cycle.
- Disciplined trade selection – leveraging wave theory and Fibonacci tools.
- Controlled recovery logic – grid entries, but with safety brakes.
The EA works on the M1 (1-minute) timeframe, making it fast, adaptive, and precise. Yet, thanks to its technical foundation, it avoids the typical “scalper trap” of over-trading with no clear strategy.
Key Features of SpaceX Prop EA MT4
Here’s what sets SpaceX Prop EA apart:
- Prop Firm Focused – Optimized to meet strict evaluation requirements.
- Elliott Triple Combo Wave Patterns – Identifies strong price movement zones.
- Fibonacci Speed Resistance Fan Analysis – Confirms trend continuation or reversal.
- Low Drawdown (3% Max) – Keeps accounts safe within prop firm limits.
- Grid Recovery System – Smoothly averages positions without reckless martingale.
- Pairs Optimized: GBPUSD, EURNZD, EURAUD.
- Timeframe: M1 (scalping precision with structured signals).
- Fully Automated – No manual input needed once installed.
- Customizable Risk Settings – Adjust lot size, recovery step, and profit target.
- Broker Friendly – Works with most ECN/low-spread brokers.
- Prop Firm Compatibility – Designed to avoid violations in challenge rules.
The Strategy Behind SpaceX Prop EA
Unlike many bots that rely on a single indicator, SpaceX Prop EA combines multiple technical models:
- Elliott Triple Combo Wave – This advanced wave theory maps market cycles, identifying both impulse and corrective waves. The EA uses this to forecast high-probability entry points.
- Fibonacci Speed Resistance Fan – Instead of relying only on static retracements, the EA uses fan projections to measure speed and strength of price moves. This gives it an edge in detecting trend continuation.
- Grid Recovery Logic – When the market shifts unexpectedly, the EA activates its grid recovery system. Unlike martingale, which doubles lot sizes recklessly, this bot uses calculated lot progression within risk-managed limits.
Together, these systems create a hybrid model—a mix of predictive analysis and adaptive positioning.
Why Prop Firm Traders Love It
Passing a prop firm evaluation isn’t just about making profits. It’s about surviving without breaking rules. SpaceX Prop EA shines here because:
- 3% Drawdown Cap → Most firms allow 5–10% daily or total drawdown. This EA stays well under that.
- No Overtrading → Only executes when the market meets strict technical confluence.
- Steady Growth → Targets small but consistent profits instead of chasing big wins.
- Automated Discipline → Removes emotional trading mistakes (fear, greed, revenge).
For traders struggling to stay consistent during challenges, this EA provides robotic discipline with human-like logic.
Backtest & Performance Results
While every market condition is unique, backtests on GBPUSD, EURNZD, and EURAUD show promising results.
- Equity Curve: Smooth upward slope, minimal drawdowns.
- Average Daily Profit: Between 1%–2% (depending on broker conditions).
- Win Rate: Approx. 70% on tested timeframes.
- Recovery Efficiency: Grid system closed >90% of recovery sequences in profit.
These results make it clear—the EA isn’t chasing massive single wins. Instead, it aims for consistent profitability with risk control, which is exactly what prop firms look for.
Installation & Setup
Getting started with SpaceX Prop EA on MT4 is straightforward:
- Download the EA (provided file for MT4).
- Copy into MT4 Folder → Navigate to
MQL4/Expertsand paste the EA file. - Restart MT4 → Load the platform so it detects the new EA.
- Attach to Chart → Open GBPUSD, EURNZD, or EURAUD (M1).
- Adjust Settings → Set lot size, recovery parameters, and risk level.
- Enable AutoTrading → Let the EA handle trades automatically.
Pros & Cons
Pros:
- Tailored for prop firm challenges.
- Advanced strategy blend (Elliott + Fibonacci).
- Low, capped drawdown.
- Fully automated with easy setup.
Cons:
- Optimized only for 3 pairs.
- Best suited for short-term traders (M1).
- Requires a stable VPS for uninterrupted execution.
Final Thoughts
The SpaceX Prop EA V1.0 MT4 is not just another forex robot—it’s a specialized prop firm tool. With intelligent risk control, Elliott Wave logic, Fibonacci confirmation, and grid recovery safety, it’s built to handle the unique pressure of evaluation challenges.
If you’ve been struggling to maintain discipline, avoid large losses, or simply need an edge to pass prop firm tests, SpaceX Prop EA could be your solution.
