Prop Firm Trading Tools for FTMO, E8 & More | Trade Algorithm
For Prop Firm Traders

Pass the Challenge.
Stay Funded. Trade at Scale.

Trade Algorithm Elite gives prop firm traders the risk management controls, TradingView indicators, and 24/7 automation they need to pass evaluations, protect funded accounts, and build a repeatable edge the rules actually allow.

400+
Active Elite traders
4.8★
Trustpilot rating
50+
Compatible prop firms

Compatible with all major prop firms and evaluation programmes

FTMO
E8 Funding
FXify
The5ers
FundedNext
Funding Pips
True Forex Funds
Instant Funding
Lux Trading Firm
Alpha Capital Group
City Traders Imperium
+ any MT4 / MT5 firm
Why Most Traders Fail

The three reasons prop firm traders don't stay funded

Most traders lose funded accounts for the same reasons. Elite is built to solve all three.

One bad day wipes the account

Without hard daily loss limits enforced automatically, a single revenge trading session or news spike can breach the rules and cost you the funded account in minutes.

Inconsistency fails the evaluation

Discretionary trading produces erratic results. Prop firms want to see consistent performance across the challenge period. Without a structured system, most traders can't replicate their best days.

Missing risk rules by accident

Different firms have different drawdown limits, lot size restrictions, and time-based rules. Manually tracking these across multiple accounts while trading leads to mistakes.

Trade Algorithm risk management controls showing daily loss limits and drawdown protection
Risk Management

Automated risk controls that enforce prop firm rules for you

Set your daily loss limit and maximum drawdown once. The system monitors every live trade and pauses automation automatically when the threshold is reached. No manual monitoring required.

  • Daily loss limit engine stops trading when your limit is hit for the day
  • Maximum drawdown kill switch triggers at your configured account-level threshold
  • Consistent position sizing keeps your risk per trade fixed regardless of account balance changes
  • Time-based closures auto-close open positions at a scheduled time each week
  • News filter option avoids automated entries during high-impact macro events
  • Fully configurable to match any firm's specific rules and percentage limits
Trade Algorithm TradingView indicators showing structured prop firm trading signals
TradingView Indicators

A structured trading system that prop firms want to see

Prop firms are not just looking for profit. They want to see consistent decision-making and controlled risk. The Elite indicator suite gives you a repeatable framework that produces that kind of track record.

  • Clear, rule-based entry and exit signals remove guesswork from every trade
  • Works across Gold (XAUUSD), Forex pairs, and indices in the same consistent way
  • Multi-timeframe confluence filters reduce low-quality signals during the challenge phase
  • Built-in stop loss and take profit guidance keeps every trade within your risk parameters
  • Fully compatible with TradingView free and paid accounts
See every indicator in detail
Trade Algorithm automated trading running on prop firm challenge accounts
24/7 Automation

Run your challenge 24 hours a day without watching the screen

Our webhook automation connects your TradingView strategies directly to your MT4 or MT5 challenge account. Signals execute automatically while you sleep, work, or travel.

  • Server-side execution means your PC does not need to stay on
  • Automate strategies across multiple challenge accounts simultaneously
  • Each account has its own independent risk configuration
  • The automation respects your daily loss limit and stops itself if triggered
  • Compatible with FTMO, E8, FXify and most MT4/MT5 evaluation accounts
Learn how the automation works

Automation requires an optional third-party API connection of approximately $15-30/month.

Getting Started

How Elite works for prop firm traders

From purchase to funded account in four steps.

Step 1

Join Elite and access your toolkit

Get immediate access to every TradingView indicator, the automation system, the risk management controls, and the full tutorial academy.

Step 2

Configure your risk settings

Set your daily loss limit, maximum drawdown threshold, and position sizing to match your chosen prop firm's specific rules to the percentage.

Step 3

Trade or automate the challenge

Use the indicators manually or connect the webhook automation to your MT4/MT5 challenge account. The system runs within your rules every session.

Step 4

Get funded and scale

Pass your evaluation with a consistent track record. Scale to larger funded accounts using the same system, with the same risk controls protecting your capital.

Risk Reference

Elite risk controls configured for major prop firms

Every setting in the Elite platform can be configured to match your firm's exact rules. Here's how the key parameters map to the most popular programmes.

Prop Firm Daily Loss Limit Max Drawdown MT4 / MT5 Automation
FTMO 5% of starting balance 10% of starting balance Both
E8 Funding 4% of starting balance 8% of starting balance Both
FXify 5% of starting balance 10% of starting balance Both
The5ers 4% of account equity 6% of account equity MT5
FundedNext 5% of initial balance 10% of initial balance Both
Funding Pips 4% of starting balance 8% of starting balance MT5

Prop firm rules change periodically. Always verify current rules directly with your chosen firm before starting an evaluation. This table is for general reference only.

Member Results

Prop firm traders using Trade Algorithm Elite

See all reviews on Trustpilot →

Individual results may vary. Past performance does not guarantee future results. Trading carries significant risk of loss.

FAQ

Prop firm questions answered

Yes. Trade Algorithm Elite uses standard MT4 and MT5 execution via webhooks. It does not use any prohibited HFT methods, tick scalping, or latency arbitrage. The approach is fully rule-based systematic trading which all major prop firms explicitly permit. If you are unsure about a specific firm's policy on automated trading, we recommend confirming directly with them before starting an evaluation.

Yes. You set the daily loss limit to match your firm's specific rule (for FTMO, 5% of starting balance). The system monitors your live P&L in real time and pauses all automated activity when that threshold is reached. You can also use it for manual trading sessions by reviewing your account drawdown before opening each position. It is not a guarantee, but it is a strong safeguard for both challenge and funded phases.

Yes. The automation runs server-side via webhooks. Your computer, MetaTrader platform, or TradingView window does not need to be open. Signals fire from TradingView, route through our webhook system, and execute on your connected MT4 or MT5 account automatically. This makes it practical to run challenge accounts across multiple time zones and sessions without being at your desk.

Premium members can connect up to 1 account. Elite members can connect up to 5 accounts simultaneously, with each running its own independent strategy and risk configuration. This means you can have a live challenge running on FTMO while also trading a funded E8 account with different risk settings, all from the same dashboard.

Yes. The Elite indicator suite is designed to work across XAUUSD (Gold), major Forex pairs including EURUSD and GBPUSD, and indices such as US30, NAS100, and SPX500. Most prop firm challenges allow trading across all of these instruments. The same rule-based entry and exit framework applies across every market the indicators cover.

All members get ongoing access to Ross and our support team to review what went wrong and refine the approach. Many members retry challenges with adjustments to their risk configuration and timeframe selection. Trade Algorithm Elite is a toolkit and education platform, not a signal service or a guarantee of passing. Success depends on how you configure and apply the system to your own trading approach.

We do not offer a money-back period on our plans. However, you can claim our free Trade Algorithm tools at tradealgorithm.co.uk/claim-tools as a genuine taster of our technology. This gives you access to our core indicators so you can test them on your own charts before committing to any plan.

Book a Demo

See how Elite works for prop firm trading

Get a personal walkthrough of the risk controls, indicators, and automation setup specifically for prop firm challenges and funded accounts.

No obligation Prop firm setup walkthrough