King Sniper EA MT4 v1.3 + Presets (Platform build 1431+)

What is King Sniper EA?

King Sniper EA is a fully automated trading robot designed to take advantage of short-term price movements in the GBPUSD currency pair. The Expert Advisor (EA) uses a simple yet effective strategy based on price mechanics, eliminating the need for complex AI or machine learning algorithms.

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Why choose King Sniper EA?

Fully automated advisor designed to simplify the forex trading experience. With powerful features and a simple approach, it is an ideal choice for both beginners and experienced traders:

• Verified performance: The advisor’s profit performance has been transparently verified by MyFxBook and real accounts.
• Fully automated trading: No need for constant monitoring or manual intervention.
• Simple strategies: Based on proven price action principles, avoiding complex algorithms.
• Adaptive stop loss: Adjust stop loss levels dynamically to optimize risk management.
• GMT offset adjustment: Ensure accurate trading across different time zones.
• Risk management: Use reliable stop loss and take profit orders without resorting to risky strategies such as Martingale, Grid or Hedging.

King Sniper EA MT4 Features

Expert Advisors are integrated with core and proven trading features, including:

• No manual intervention: The EA operates independently, requiring no user input.
• Simple strategies: Uses direct price action analysis without complex AI or machine learning.
• Adaptive stop loss: Adjusts stop loss levels dynamically based on market conditions.
• Fixed risk per trade: Uses pre-defined Stop loss (SL) and Take profit (TP) levels to manage risk.
• Avoid risky strategies: Does not use Martingale, Grid, or Hedging techniques.
• No manual intervention: The EA operates independently, requiring no user input.
• Speculatory strategies: Focus on high-frequency, short-term trading.
• Key level analysis: Identify and capitalize on significant price breaches.

King Sniper EA Review

1. King Sniper EA MyFxBook:

The real trading performance of King Sniper EA has been verified by Myfxbook for many years and has achieved impressive performance and effective advisor optimization on accounts with different capital levels.

• MyFxBook verified on a $1,000 deposit account for 2 years (2023 – 2024). The total profit achieved Gian: +46152.69%, the average monthly profit reached 32.68% and the risk level optimized by the advisor was only at Maximum Drawdown: 34.56%.

King Sniper EA MT4 Myfxbook

• MyFxBook verified on a $20 deposit account for 3 months. The total profit achieved Gian: +165.25%, the average monthly profit reached 57.49% and the risk level optimized by the advisor was only at Maximum Drawdown: 0.45%.

King Sniper EA Myfxbook

2. King Sniper EA live results:

The trading performance on the Real Account of King Sniper EA is impressive. The initial deposit is $20, the total profit after 9 weeks of continuous trading is 165% and the risk level is optimized at only 5.9%. The win rate on the total number of trading orders is up to 90.3%.

The advisor can show transparent parameters in real trading, achieve trading efficiency on accounts with small capital, showing unlimited trading potential in the forex market.

King Sniper EA Live Results

King Sniper EA Results

3. King Sniper EA backtest results:

King Sniper EA has demonstrated consistent and impressive performance over the past two years, particularly when trading the GBPUSD pair. Its transparent trading history allows users to easily assess its effectiveness.

Key Performance Metrics:

• Initial capital: $1,000
• Profit after 2 years: $461,000
• Maximum drawdown: 14.36%
• Win rate: 94.85%

King Sniper EA MT4 Backtest

Recommended settings

• GBPUSD specialization: Designed specifically for the GBPUSD currency pair.
• M15 timeframe: Use a 15-minute timeframe for analysis and trading.
• VPS server usage: Use a VPS server to ensure uninterrupted operations.
• Leverage flexibility: Compatible with a wide range of leverage levels, including 1:100 and above.
• Broker selection: Choose a broker with low spreads (0-3 pips) for optimal performance.
• Demo account testing: Test the EA thoroughly on a demo account before trading for real.
• Timezone configuration: Adjust the GMT offset settings to match the broker’s timezone.

Latest product download package includes

The download package includes the official version of the advisor:

• Experts: King Sniper EA MT4 v1.3.ex4
• Presets: GBPUSD_Autolot.set

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About the Author

This product is compiled by Ivan Bebikov. This author has more than +8 years of experience working on MQL5 with many famous products such as King Sniper EA, AlgoTradingNightEA MT4 and other products. Among them, King Sniper EA MT4 is his best performing product in 8 years.

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Conclusion

In short, this Expert Advisor (EA) provides a simple, automated trading solution for the GBPUSD currency pair on the M15 timeframe. Its simplicity, based on basic price action analysis and adaptive risk management, makes it a suitable tool for both beginners and experienced traders.

>>> Reviewed by Jason Stap