Lion King EA MT4 V2.0

System Introduction:

• The EA uses a peak-bottom detection system based on price action and trend-following to achieve a high win rate. It is also integrated with a capital management mechanism to handle strong counter-trend situations.
• Profit rate: 10% ~ 20% per month.

Advanced Features:

• Autolot: Automatically manages order sizes based on account balance.
• TIME TRADE: Manages trading time.
• ACTION PROTECT SETTING: Protects the account when the drawdown exceeds the allowed limit.
• On-screen control panel: Close buy/sell: Close all buy/sell orders.
• Disable buy/sell: Stop opening new buy/sell orders when the trend is incorrect (useful during major news events).
• Pause buy/sell: Lock buy/sell orders from opening (used when you manually identify a clear trend).
• Close First – Last Function: When trading against the trend, the system will automatically close the highest and lowest orders based on profit ratios to reduce drawdown.
• Dynamic Step Function: Automatically increases the order-opening distance.

Recommendations:

• The system has been tested directly on a VPS with MT4: Best used for XAU/USD, EUR/USD, GBP/USD.
• Timeframe: M5
• Recommended account: Minimum of $5,000 (or 5,000 Cent).
• Verified broker: Exness.

Note:

• The system uses the M5 timeframe and executes trades quickly (every 500ms), so using the “Strategy Tester” in MT4 with “Every Tick” is very time-consuming.
• It is recommended to use “Open Prices Only” or test directly on a demo account.
• The set file for XAU/USD needs to be adjusted by increasing/decreasing the number of zeros depending on the broker for the following parameters: “Takeprofit”, “Step Order”, “Dis Candle”

Example:

• Exness Cent – Standard account: “Takeprofit = 8.000”, “Step Order = 5.000”, “Dis Candle = 5.000”
• IC Markets Standard account: “Takeprofit = 800”, “Step Order = 500”, “Dis Candle = 500”

Support:

• Telegram : https://t.me/+ONP88eTBi1ZkYWU1

File set:

• Onedrive: https://1drv.ms/f/c/ad9ce460e8b61947/EhHu9Iu8kWRMv3iiIlD2SK0BooJMvU-YELrpBkAzHNjH0A?e=SRb9q7