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Karla One is an MT5 expert advisor that looks for price action entries on a set of forex pairs and sizes trades by a percentage of balance. It is meant to run on an AUDCAD H1 chart with default settings.
Get one message the moment it launches, with its price.
Karla One is an expert advisor for MetaTrader 5 that trades forex using price action. It waits for several conditions to line up before opening a position, and it sizes trades by a percentage of your account balance when money management is on.
The developer describes the system as the result of several years of manual trading, turned into automated rules. Entries are chosen with a machine learning component, and a trade is only placed after a set of separate conditions have all been met. The logic is based on price action, meaning it reads price behaviour rather than relying on a stack of lagging indicators.
Each trade is opened with a stop loss. With money management enabled, the lot size is calculated so that a stopped-out trade loses roughly the chosen percentage of balance, which is 1% by default. This store lists the product under a grid tag, although the developer states that it avoids grid and martingale methods. Because those descriptions do not match, you should confirm in the strategy tester and on a demo account how many positions it can hold at the same time.
The EA was developed with seven currency pairs in mind:
It is started from a single AUDCAD chart on the H1 timeframe. Check that your broker offers all of these symbols and note any prefix or suffix in their names.
The developer recommends keeping the default inputs and leaving money management on. Exact input names can differ, so read the Inputs tab after attaching the EA and compare it with the table below.
| Area | What to check |
|---|---|
| Money management | Keep it on if you want lot size tied to balance |
| Risk per trade | Default is about 1% of balance; raising it increases possible losses |
| Symbols | Confirm broker symbol names match the EA's list |
| Chart and timeframe | AUDCAD, H1 |
| Magic number and comments | Keep unique if you run other EAs on the same account |
Any automated system can lose money, and drawdown figures from back tests are not limits on what may happen live. Spreads, slippage, swap and broker execution all affect results. Test on a demo account with your own broker before risking real funds, and only trade amounts you can afford to lose.
Trading carries risk, and past results do not predict future ones. Nothing on this page is a promise of profit or a guarantee against loss.
The developer suggests an account with a reliable broker and a starting balance of around 1000 USD. Treat that as a guide, and confirm margin and lot size requirements with your own broker.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Strategy tag in this store | Grid |
| Markets | Forex: AUDCAD, GBPJPY, USDCHF, AUDJPY, USDCAD, CADCHF, NZDUSD |
| Chart to attach | AUDCAD, H1 timeframe |
| Trade style | Price action entries with multiple entry conditions |
| Lot sizing | Money management mode, default risk 1% of balance per trade |
| Suggested starting balance | Developer suggests about 1000 USD; confirm with your broker |
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Open an AUDCAD chart in MetaTrader 5, set the timeframe to H1 and drag the expert advisor onto it. Make sure Algo Trading is enabled in the toolbar and that automated trading is allowed in the expert's properties. If the EA is running, the icon in the top right corner of the chart is shown in colour rather than greyed out or crossed.
This listing is for the MetaTrader 5 edition only. The developer has published a separate MT4 version, which is a different product and will not run in MT5. Check the platform before you buy, because MT4 and MT5 files are not interchangeable.
It was built around AUDCAD, GBPJPY, USDCHF, AUDJPY, USDCAD, CADCHF and NZDUSD. The developer's instruction is to attach it to a single AUDCAD H1 chart. Check the input tab and your Market Watch to confirm that every pair is available at your broker and that symbol names match, since some brokers add suffixes.
The developer suggests starting with about 1000 USD. This is a guideline only. The right amount depends on your broker, leverage, contract sizes and how much risk you accept. Test on a demo account first and review the strategy tester results for your own broker's data.
The store lists it under the grid tag, while the developer describes the logic as price action with entry filters and a stop loss on each trade. Because descriptions differ, run it in the strategy tester and on demo, and look at how many positions it holds at once and how it behaves in losing periods before using real money.
The developer recommends the default settings with money management switched on, which risks about 1% of balance per trade if the stop loss is hit. You can change this, but higher risk means larger drawdowns. Check the input descriptions in the EA for the exact options.
Karla One
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