Introduction
Category –Â Expert Advisor (EA Robot )
Version – v1.3
Build – 1420+
Platform –Â Metatrader
King Sniper EA MT4 is a fully automated trading system tailored for the GBPUSD pair. Suitable for both novice and experienced traders, it incorporates an adaptive Stop Loss mechanism and avoids high-risk strategies such as martingale. Designed to perform efficiently with default settings, this EA operates seamlessly on the M15 timeframe.
Key Features of King Sniper
Straightforward Price Action: Relies on simple price mechanics rather than AI or machine learning, ensuring reliable and consistent performance.
Dynamic Stop Loss: Uses built-in algorithms to automatically adjust Stop Loss levels for effective risk control.
Safe Trading Approach: Avoids high-risk methods such as martingale, grid, or hedging strategies.
Controlled Parameters: Always applies fixed Stop Loss and Take Profit levels for precise and disciplined trading.
Settings
- Broker Selection: Choose a broker offering ultra-low spreads (0-3 points on 5-digit quotes) for optimal performance.
- Initial Testing: Begin with a demo account or the smallest lot size to evaluate the EA’s functionality.
- Execution Timing: Start running the EA before the StartHour, ideally before 4 a.m. (WinterGMT = 2).
- Broker Compatibility: Test the EA with the broker you intend to trade with, as results may vary. Opt for ECN accounts such as Pro, Raw Spread, or Razor for better outcomes.
- Trading Pair and Timeframe: Install the EA on the GBPUSD pair using the M15 timeframe.
- VPS Usage: For uninterrupted operation, a VPS server is strongly recommended.
- Leverage Requirements: A trading leverage of 1:100 or higher is advised, although lower leverage can be used with reduced Risk or Lotstep AutoLot values.
How to Install and Set Up King Sniper?
- Download the EA: Save the King Sniper EA file to your computer.
- Install the EA:
- Open MetaTrader 4.
- Go to File > Open Data Folder > MQL4 > Experts.
- Copy the EA file into the Experts folder.
- Restart MetaTrader 4: Close and reopen the platform to load the EA.
- Add EA to the Chart:
- Open a GBPUSD chart and set the timeframe to M15.
- Drag King Sniper EA from the Navigator to the chart.
- Set Default Settings: Use the default settings for best results or adjust as needed.
- Enable Auto Trading: Click the AutoTrading button at the top of the platform to activate the EA.
- Use a VPS (Optional): Install the EA on a VPS for 24/7 trading.
- Test First: Start on a demo account or use a small lot size to test its performance.
Follow these simple steps to start trading with King Sniper EA effectively on the GBPUSD M15 pair.
Performance Analysis
Demo Account Testing
Download Free
You can download the tool for free once it arrives in your email.
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