Question 1

What is the main strategy of Prosperity MT5?

Accepted Answer

It is a Hedging Recovery EA that opens simultaneous Buy and Sell positions to recover from drawdowns while trading the stable EURGBP pair.

Question 2

Which currency pair does this EA trade?

Accepted Answer

It is designed exclusively for EURGBP, taking full advantage of its low volatility and predictable behavior.

Question 3

Does the EA use hedging?

Accepted Answer

Yes. It fully supports hedging by allowing Buy and Sell orders at the same time and includes a dedicated “Add Hedge to Recovery” feature.

Question 4

What is the risk level?

Accepted Answer

It operates at a medium risk level (Risk Factor 3) with fixed lot sizing for balanced and controlled exposure.

Question 5

Is it suitable for Prop Firms?

Accepted Answer

Yes. It features virtual stop loss, drawdown protection, and prop-friendly settings, making it highly suitable for funded account challenges.

Question 6

Does it have Virtual Stop Loss?

Accepted Answer

Yes. Every trade is protected by an invisible virtual stop loss, which makes it extremely difficult to blow your account.

Question 7

What trading style does it use?

Accepted Answer

It is a relaxed, set-and-forget intra-day system designed for consistent performance with minimal monitoring.

Prosperity MT5Premium