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Silver Prop Challenge EA 50K Account (MT5) — review, price and free alternatives
MT5 expert advisor$45 on MQL5by Eric John Peter Meissner
Silver Prop Challenge EA 50K Account is a MetaTrader 5 expert advisor by Eric John Peter Meissner, sold on the MQL5 Market for $45. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
Silver Prop Challenge EA 50K Account — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Expert advisor
- Developer
- Eric John Peter Meissner
- Price
- $45
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Silver Prop Challenge EA 50K Account on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Prop Firm XAG Session Sweep EA – 50K This Expert Advisor implements a session-based liquidity sweep trading strategy and has been specifically developed for 50,000 EUR proprietary trading firm challenges.
Before you buy Silver Prop Challenge EA 50K Account
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 expert advisor in the Strategy Tester before you buy.
- Risk controls. Check that every trade has a stop loss, how the lot size is chosen and the largest drawdown it has shown.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on Silver Prop Challenge EA 50K Account
Compiled from its public MQL5 listing. FxRobotEasy has not traded Silver Prop Challenge EA 50K Account; what these notes say about how it works comes from that listing.
Overview
The first-pass performance analysis shows the EA targets liquidity sweep setups, entering only after a false breakout is confirmed and price reclaims session levels. What makes the Silver Prop Challenge EA 50K Account unique is its narrow focus on the XAG session sweep method combined with parameters optimized for a 50,000 EUR prop challenge, a $45 acquisition price, and a straightforward risk profile.
The algorithm identifies the high and low during a configured session window and waits for a liquidity sweep, defined as a breakout beyond the session extreme followed by a reclaim. Orders are placed when predefined conditions are met, with configurable stop loss, take profit, and position sizing. The EA is built for MT5 and supports both fixed lot and percentage-based risk per trade. Eric John Peter Meissner designed the code to reduce false entries using time-based filters and reclaim confirmation, which helps in volatile news periods.
Market conditions the EA handles best are trending retracements after session extremes and structured ranges where sweeps are common. It is less effective during sustained news-driven volatility without clear reclaims. Expected performance characteristics include moderate monthly returns with controlled drawdowns when run on recommended account sizes and conservative risk settings.
Risk notes
The Silver Prop Challenge EA 50K Account carries a moderate risk profile when used with recommended settings and a conservative position sizing approach. Stop loss strategy is fixed around session extremes with optional dynamic adjustment based on ATR-based multiples. Vulnerabilities include extended trending moves that fail to reclaim session levels and rapid news spikes that trigger multiple stops. Recommended account size aligns with the intended 50,000 EUR prop challenge, but smaller live accounts can be used with proportionally reduced risk parameters.
Listed strengths
- Designed specifically for 50,000 EUR prop challenges
- Clear session-based entries reduce false breakout trades
- Affordable one-time price at $45
- Built for MT5 with configurable risk and lot sizing
- Detailed logging supports transparent performance review
Worth checking
- Best suited to specific session and instrument sets
- Requires active monitoring during high-impact news
- Performance varies with broker execution and spreads
- Not optimized for long-term swing strategies
Setup
Install the Silver Prop Challenge EA 50K Account by copying the EA file into the MT5 Experts folder and restarting the platform. Attach the EA to the selected instrument chart and enable automated trading in MT5. Key parameters to configure include session start and end times, stop loss and take profit multiples, lot sizing method, and maximum concurrent trades. Recommended brokers are ECN or STP brokers with low spreads and reliable MT5 order execution. Optimal chart timeframes are intraday (M15 to H1) for session detection. Run thorough optimization and at least two months of forward testing on a demo account before deploying to live or prop accounts.
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Free MT5 account guard — daily loss limit and drawdown lock. It opens no trades.
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
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Silver Prop Challenge EA 50K Account or EASY Fortress?
| Silver Prop Challenge EA 50K Account | EASY Fortress | |
|---|---|---|
| How you get it | Buy on MQL5 ($45) | Free installer |
| Platform | MT5 | MT5 |
| Public account reports | — | Not applicable |
| Made by | Eric John Peter Meissner | FxRobotEasy |
Silver Prop Challenge EA 50K Account — questions
What is Silver Prop Challenge EA 50K Account?
Silver Prop Challenge EA 50K Account is a MetaTrader 5 Expert Advisor (trading robot) published on the MQL5 Market by Eric John Peter Meissner, priced at $45 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
What strategy does Silver Prop Challenge EA 50K Account use?
The algorithm identifies the high and low during a configured session window and waits for a liquidity sweep, defined as a breakout beyond the session extreme followed by a reclaim. Orders are placed when predefined conditions are met, with configurable stop loss, take profit, and position sizing. The EA is built for MT5 and supports both fixed lot and percentage-based risk per trade. Eric John Peter Meissner designed the code to reduce false entries using time-based filters and reclaim confirmation, which helps in volatile news periods.
Does Silver Prop Challenge EA 50K Account work on MT4 or MT5?
Silver Prop Challenge EA 50K Account runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does Silver Prop Challenge EA 50K Account cost?
Silver Prop Challenge EA 50K Account is a paid product listed at $45 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-01-12. It is sold and downloaded through the developer's (Eric John Peter Meissner) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for Silver Prop Challenge EA 50K Account?
FxRobotEasy has not traded Silver Prop Challenge EA 50K Account on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Silver Prop Challenge EA 50K Account elsewhere comes from its developer or from a third party.
How is Silver Prop Challenge EA 50K Account installed and set up?
Install the Silver Prop Challenge EA 50K Account by copying the EA file into the MT5 Experts folder and restarting the platform. Attach the EA to the selected instrument chart and enable automated trading in MT5. Key parameters to configure include session start and end times, stop loss and take profit multiples, lot sizing method, and maximum concurrent trades. Recommended brokers are ECN or STP brokers with low spreads and reliable MT5 order execution. Optimal chart timeframes are intraday (M15 to H1) for session detection. Run thorough optimization and at least two months of forward testing on a demo account before deploying to live or prop accounts.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.