Market / MetaTrader 5 / Experts /

Ronex King MT5

199 USD

Demo downloaded: 14

Published: 18 June 2026

Current version: 1.20

Ronex King MT5

Experts
Santhosh M
Santhosh M
India

523
- https://ronexalgo.com/
Senior Algorithmic Trader & MQL5 Developer
Version: 1.20
Activations: 10

Multi-Strategy Consensus and Dynamic Grid Expert Advisor

Ronex King MT5 is a fully automated Expert Advisor designed for trading Gold (XAUUSD). The system utilizes a multi-strategy consensus engine combined with a volatility-adaptive grid recovery mechanism. Rather than executing trades based on a single indicator, the EA requires a voting consensus among several built-in modules before entering a primary position, filtering out low-probability setups.

IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions.

Broker Execution: https://ic.com/?camp=93956 (Recommended: IC Markets Raw Spread ).

Core Functionality & Logic

1. Multi-Strategy Consensus Engine (M15 Timeframe)

The EA monitors 12 built-in trend, momentum, and mean-reversion models at the open of each new M15 bar.

Consensus Filter: A primary order is initialized only when a minimum 50% consensus threshold is reached among active models.
Market Filters: Integrated filters adjust trade permissions based on active trading session times, high-spread rollover periods, and volatility spike metrics.

2. Dynamic Recovery Grid (Every Tick Execution)

If a position enters drawdown, a directionally isolated recovery grid is activated:

ATR-Based Spacing: Grid steps are dynamically calculated using the Average True Range (ATR). Distances automatically expand during high volatility and contract during low-volatility conditions.
Independent BUY and SELL Grids: The EA manages long and short recovery states completely separately, ensuring full compatibility with hedging accounts.
Averaging-Down Only: Recovery grid positions are strictly opened when price moves against the active basket direction.

3. Unified Basket Management

Unified Take Profit: When multiple grid levels are active, the EA calculates a volume-weighted average price and sets a single, unified take-profit target at the broker level for all trades in the active direction.
Equity Drawdown Protection: Features a capital protection limit ( MaxDrawdownPercent ). If the combined floating loss of the EA's open positions reaches this user-defined limit, all trades are automatically liquidated.

Recommended Settings

Symbol: XAUUSD (Gold)
Timeframe: M15 (15 Minutes)
Account Type: Hedging (ECN / Low Spread recommended)
Execution Mode: Analytical consensus runs on bar open; trailing stops, break-even targets, grids, and drawdown protections run on every tick.

Main Input Parameters

RiskPercent: Lot size calculated dynamically based on account balance (set to 0 for fixed lot size).
GridStep / MaxGridLevels / GridLotMultiple: Parameters to configure the step distance, maximum active levels, and lot multiplier for grid recovery.
TakeProfit / StopLoss: Targets for single trade exits and average basket targets.
MaxDrawdownPercent: Global equity cut-loss threshold percentage.
MaxSpread: Maximum allowed spread in points to filter entries during high volatility or rollover hours.

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MILESTONE: 100+ Downloads in Week 1! From an explosive community launch to a premium trading asset. Thank you to the trading community! Within just 7 days of release, Ronex Gold surpassed 100+ downloads . The live feedback has been unanimous: "This algorithm is too accurate to be free." To protect the strategy from broker tracking, prevent market crowding (which causes bad slippage), and fund dedicated premium support, the free public beta is now officially closed. Ronex Gold has transitioned

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Ronex King MT5

Santhosh M

IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup instructions.

Core Functionality & Logic

1. Multi-Strategy Consensus Engine (M15 Timeframe)

2. Dynamic Recovery Grid (Every Tick Execution)

3. Unified Basket Management

Recommended Settings

Main Input Parameters