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King Pro EA is an MT4 expert advisor that uses EMA trend direction to choose trade side, adds averaging positions, and closes losing sequences early when price turns sharply. It suits M30 charts on GBPUSD, EURUSD and gold.
Get one message the moment it launches, with its price.
King Pro EA is an automated expert advisor for MetaTrader 4. It reads trend direction from an exponential moving average, opens trades in that direction, and manages losing positions with averaging, an early exit routine and a recovery step.
The EA uses EMA readings to decide whether the market is leaning up or down and then opens trades on that side. If price moves against an open trade, the EA can add further positions at different levels, aiming to close the whole group once price returns part of the way. This is an averaging approach, so exposure can build up during a prolonged move in one direction.
When the market changes direction sharply, the EA can close the losing side earlier instead of waiting for a full recovery. It then trades with the new direction to work back part of the loss. This reduces the time spent in some bad sequences, but it also locks in losses and does not remove the risk of a larger drawdown.
The EA can size positions from your account balance, so lots grow as the balance grows and shrink as it falls. A cap on the number of open trades is also available. Check the exact lot ratio and trade limit in the inputs before running it live, because these two settings have the largest effect on risk.
Exact input names and defaults can differ, so open the inputs tab after attaching the EA and read each field. These are the areas worth checking first:
| Area | What to check |
|---|---|
| Lot sizing | Fixed lot or automatic lot, and the balance amount used per base lot |
| Maximum trades | How many positions may be open at once in one sequence |
| EMA trend filter | Period and timeframe used to judge direction |
| Averaging distance | How far price must move before another position is added |
| Early exit and recovery | Conditions that close a losing group and start the recovery trades |
| Magic number | Use a different value for each chart if you run several |
Trading carries risk and past results do not predict future ones. Averaging and recovery systems can accumulate large floating losses in a strong one-way market. Test on a demo account, start with small lots and never risk money you cannot afford to lose.
For continuous operation, many traders run the terminal on a VPS. Monitor the account regularly, particularly around major news releases when spreads can widen.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor, .ex4) |
| Strategy focus | Gold or XAUUSD, Trend |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Trade style | Trend following with averaging and recovery |
| Main indicator | Exponential moving average (EMA) |
| Suggested symbols | GBPUSD first; EURUSD and XAUUSD (gold) as alternatives |
| Suggested timeframe | M30 |
| Lot sizing | Fixed lot or automatic lot based on balance |
| Requirements | Algo trading enabled, stable connection or VPS, hedging-capable account advised |
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No. This build is made for MetaTrader 4 and will not load in MetaTrader 5. If you use MT5, look for a product listed for that platform instead.
The developer points to GBPUSD on the M30 chart as the main setup, with EURUSD and XAUUSD as alternatives. Symbol names differ between brokers, so check yours, and test on a demo account before using real funds.
It uses averaging and a recovery approach, which means position size or trade count can grow while price moves against the first entry. This can lead to large drawdowns. Review the maximum trades and lot settings carefully and only risk money you can afford to lose.
Copy the file into the MQL4/Experts folder through File > Open Data Folder in MT4, restart the terminal or refresh the Navigator, then drag the EA onto a chart and allow algo trading. The steps are listed on this page.
Yes. Spreads, execution speed, stop levels and symbol suffixes all affect an averaging system. The developer notes it can cope with wider spreads, but you should confirm conditions on a demo account with your own broker first.
It trades automatically, but it still needs the terminal to stay online, so a VPS is a common choice. You should still check open trades, drawdown and news events regularly rather than leaving it entirely alone.
King Pro EA
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