RazorEdge trades three currency pairs - AUDJPY, USDCAD and USDCHF - with four strategies and a prop-firm guard built in. Choose how you use it - a prop firm challenge, a funded account or your own account - and, for a firm, its programme and phase: the guard loads that programme's limits, the risk per trade is set for that phase, and the robot stops before any limit is reached.

HOW IT TRADES

Four strategies run side by side from one chart on one account, each on its own pair and timeframe. AUDJPY, daily: when a day opens far from the previous day's close - more than 0.3 of the previous day's range, most often at the weekly open - it trades back toward that close; stop 1.2 ATR, target 1.5 R. USDCHF, four hours: when a candle pierces a Bollinger band (14, 1.8) and closes back inside, it trades the return to the middle; stop 2.5 ATR, target 1.5 R. USDCAD, 30 minutes: a close beyond the range of the 22:00 to 06:00 GMT session by more than 0.2 ATR opens a breakout trade; stop 2.5 ATR, target 1.5 R, closed after 48 bars (one day) if neither has been reached. USDCAD, four hours: a close through the highest high or the lowest low of the last 40 bars - a break of structure - opens a trade in the direction of the break; stop 1 ATR, target 2 R. In three of the four, half the position is closed at 1 R and the stop then moves just past the entry. All four trade only while the pair's daily volatility is in the quieter half of its last 60 days. Every order carries its stop loss and take profit, each strategy holds at most one position, and no new trade opens once the open positions already risk three times the risk per trade. The four-hour and 30-minute strategies are flat by Friday 20:00 GMT. No grid, no martingale, no averaging down.

THREE MODES

Prop challenge (the default): the risk per trade is the one tested for your programme's phase on cTrader's own backtester (1.5 % on a two-step programme's first phase); a phase that got too close to its loss limit in testing was given a lower risk. When the profit target is reached, new entries stop: the phase is passed. Funded account: the firm's funded rules at 0.5 % per trade. Own account: no firm rules, 0.5 % per trade. Your own Risk per trade replaces the automatic risk, never above the firm's own per-trade limit. The 3 programmes it did not pass safely in its tests are not traded automatically: the robot stops at the start and says why.

THE GUARD

On every price change the guard checks the whole account: the daily loss measured the way the firm measures it and reset on the firm's own clock, the maximum loss (static or trailing), the profit target with the minimum trading days. It stops before each limit by a buffer, refuses an entry whose full stop would no longer fit inside the room that is left, and says why on the chart panel and in the log. Where a firm's terms ask for it, the guard also keeps its conduct rules in code: news windows for the currencies involved, no new trade before a long market closure, never a buy and a sell together, a constant risk per trade, a limit on open positions. One guard covers all four strategies.

FIRM PROFILES, CUSTOM RULES

The Prop firm rules list holds 39 programme profiles of the 9 firms whose published terms allow a purchased robot on cTrader, phase by phase, read on the firms' own pages. The 24 firms whose terms do not allow it are in the list too: choosing one stops the robot at start with the firm's own words. Any other firm, or a programme that changed, is set up in the Custom rules group. A robot you buy takes the same trades for every buyer, and some firms flag identical trades across accounts: read your firm's rules on this before you buy a challenge.

RESTARTS

The guard's progress (the day's start, the trading days, a reached target) and the open positions' management are kept when cTrader restarts, per account and per programme phase.

BACKTEST

cTrader's own backtester, IC Markets tick data from the server, from 2 January 2026 to 6 November 2026, 100,000 USD starting balance, commission 27.5 USD per million, the default settings: a two-step programme's first phase (10 % profit target, 5 % daily loss, 10 % maximum loss), Mode Prop challenge at 1.5 % per trade. The target was reached on 27 January 2026 (25 days): net profit +10,158.05 USD (+10.16 %), profit factor 1.93, 38 trades (25 won), maximum balance drawdown 4.27 %, maximum equity drawdown 5.15 %; after that the robot opened nothing, as a passed phase requires. The same release in Own account mode over the full window: +26,560.99 USD (+26.56 %), profit factor 1.97, 262 trades, maximum equity drawdown 2.63 %; on Blueberry Markets' tick data +14.37 %, profit factor 1.52. Whole challenges on cTrader, every programme it trades automatically, a fresh 100,000 USD account per phase, five start dates from 5 January to 1 September 2026: 92 of 150 passed every phase (median 86 days, 18 within 30 days), 0 lost; the starts from July passed 10 of 60, compared with 82 of 90 before. The strategies and their risks were chosen on 2026 prices, so this shows how they traded the year they were chosen on; it is not a forecast. On 2025 prices, which played no part in choosing them, Own account mode gained +3.15 % with a profit factor of 1.07 over the year, and lost money in the last quarter.

WHAT IT DOES NOT PROMISE

Passing a challenge is not promised, and neither is a fixed number of days. In some months the strategies trade less and pass slower, a run of losing trades is normal, and a year can end close to even. The guard keeps the robot inside the limits; an account can still end at a loss limit rather than at the target. A price gap can fill a stop beyond its level. Firms change their rules; compare the profile with your firm's current rules.

TECHNICAL NOTES

No access rights required. Run it on one chart, any symbol and timeframe: it finds AUDJPY, USDCAD and USDCHF on your account as your broker spells them (AUDJPY, AUDJPY.i and similar), loads their history at start and builds its own 30-minute, four-hour and daily bars. Hedging accounts only: two strategies trade USDCAD and would share one position on a netting account, so the robot refuses to start there. In live trading it reads a public economic calendar through cTrader's own networking service for the firms' news windows; on a programme with a news or closure rule you can add your own news times and market closures. Recommended from 5,000 USD; in Own account and Funded account mode a smaller account skips the trades whose 0.01-lot minimum would risk more than the set risk. Every parameter is documented.

SUPPORT

Questions go to the discussion on this page; please attach the instance log and your parameter values.

Trading leveraged products involves risk of loss; backtest results are hypothetical and past performance does not indicate future results.