SpaceX Prop EA V1.0 MT4 – Pass Prop Firm Challenges with Confidence

Prop firm evaluations can be nerve-wracking. The strict profit targets, tight drawdown limits, and limited evaluation timeframes push even experienced traders to their limits. One mistake, and you’re back to square one, starting all over again. That’s where the SpaceX Prop EA V1.0 MT4 steps in.

Designed specifically to tackle the unique challenges of prop firm evaluations, this automated trading system is no ordinary Expert Advisor. With a blend of advanced Elliott Triple Combo Wave patterns and Fibonacci Speed Resistance Fan analysis, it has been engineered for precision trading. Running on the MetaTrader 4 (MT4) platform, it focuses on consistent profits while keeping risk firmly under control with its built-in grid recovery mechanism and strict drawdown protection.

In this blog, we’ll break down how SpaceX Prop EA works, why it’s different from regular EAs, its core features, and why it might be the game-changer for traders aiming to pass their prop firm challenges.

Overview of SpaceX Prop EA V1.0 MT4

At its core, SpaceX Prop EA is an automated trading robot built exclusively for MT4 traders who need to meet the strict criteria of proprietary trading firms.

Instead of chasing massive profits with high risks, the EA focuses on:

Low drawdown stability – keeping losses below the 3% threshold.

Steady equity growth – targeting consistent gains without overleveraging.

Fast execution – perfect for the 1-minute timeframe (M1) where speed matters.

It supports three major currency pairs that balance volatility and trend patterns:

GBPUSD

EURNZD

EURAUD

These pairs are carefully chosen to maximize trading opportunities with SpaceX’s wave-based strategy while maintaining manageable risk exposure.

What sets SpaceX apart is its dual-core strategy:

Elliott Triple Combo Wave – mapping market cycles and predicting wave-based price action.

Fibonacci Speed Resistance Fan – providing accurate support and resistance zones for high-probability entries and exits.

Together, these tools create a trading model that adapts dynamically to market structure, rather than relying on outdated static indicators.

Key Features of SpaceX Prop EA

Here’s what makes this EA stand out in the crowded world of trading robots:

Prop Firm Focused Design – Tailored to pass stringent prop firm rules.

3% Max Drawdown Protection – Keeps account safe within evaluation limits.

Multi-Pair Compatibility – Optimized for GBPUSD, EURNZD, and EURAUD.

Elliott Triple Combo Wave Analysis – Advanced price cycle recognition.

Fibonacci Speed Resistance Fan Integration – Accurate trend & reversal detection.

Grid Recovery Mechanism – Intelligent order management to recover from temporary losses.

High-Frequency M1 Scalping – Executes trades on the 1-minute chart for frequent opportunities.

Dynamic Risk Management – Automatically adjusts lot sizes according to account conditions.

Prop Firm Compliance – No martingale, no reckless over-trading.

Set & Forget Trading – Minimal manual intervention required.

Backtesting & Live Proof

When testing an EA, numbers matter more than promises. SpaceX Prop EA has been stress-tested under real-world prop firm rules to ensure compliance.

Equity Growth Curve: Backtests show steady growth without wild fluctuations.

Drawdown Control: Never exceeded 3%, even under volatile market conditions.

Trade Frequency: On average, the EA executes 15–25 trades per day on M1 charts.

Profit Consistency: Demonstrates small but compounding gains across different pairs.

Example Backtest Highlights:

Pair: GBPUSD (M1)

Period: 12 months

Initial Deposit: $5,000

Net Profit: +58%

Max Drawdown: 2.8%

This shows that the EA isn’t designed for overnight riches but for sustainable performance that aligns with prop firm evaluation targets.

How SpaceX Prop EA Works

The EA uses a multi-layered decision-making process:

Wave Detection – Identifies Elliott Triple Combo Wave structures in real time.

Support/Resistance Mapping – Applies Fibonacci Speed Resistance Fan for accurate price levels.

Signal Confirmation – Waits for both wave and Fibonacci confirmation before executing trades.

Position Management – Opens trades with conservative lot sizes and applies grid recovery if price temporarily moves against the entry.

Risk Control – Monitors account drawdown, cutting risk if losses approach 3%.

This system ensures smart entries, disciplined exits, and capital protection, all crucial for meeting evaluation benchmarks.

Installation & Setup Guide

Getting started with SpaceX Prop EA is simple:

Download the EA – (Available on request from official sources).

Open MT4 – Go to File → Open Data Folder → MQL4 → Experts.

Paste the EA File – Copy the SpaceX Prop EA into the Experts folder.

Restart MT4 – The EA should now appear under the Navigator → Expert Advisors.

Attach to Chart – Drag and drop onto GBPUSD, EURNZD, or EURAUD M1 chart.

Configure Settings – Adjust lot size, risk percentage, and grid recovery as recommended.

Run on VPS – For uninterrupted trading and low-latency execution.

Within minutes, you’ll have a fully automated prop firm-ready EA running on your MT4 terminal.

Why Choose SpaceX Prop EA?

Traders often fail prop firm evaluations because of:

Overtrading

Poor risk management

High drawdowns

Inconsistent results

SpaceX Prop EA V1.0 MT4 directly addresses these problems. It’s not just another EA – it’s a prop firm evaluation companion. By combining high-frequency precision trading with strict drawdown protection, it gives traders the edge they need to meet targets without breaking rules.

Disclaimer & Responsible Use

While SpaceX Prop EA has shown strong performance in both backtests and live simulations, remember:

Past results do not guarantee future profits.

Market conditions can change, and even the best EAs can experience losses.

Always test on a demo account before going live.

Prop firm rules differ – ensure your settings comply with the firm you’re applying to.

Trading is risky. Use SpaceX Prop EA as a tool for consistency, not a guarantee of success.

Conclusion

The SpaceX Prop EA V1.0 MT4 is more than just a trading robot. It’s a purpose-built solution for traders looking to conquer prop firm challenges. By combining Elliott Wave logic, Fibonacci analysis, and a risk-controlled grid recovery system, it brings together advanced strategies and compliance-driven execution.