Retro Kingsman
- Experts
- Version: 1.2
- Activations: 10
Overview
RETRO V5 is an advanced automated trading system for MetaTrader 5 designed to combine trend-following entries with intelligent grid recovery management. The EA is built to identify market direction, execute controlled entries, and manage positions using adaptive lot progression while maintaining strict risk-control mechanisms.
The system supports both single-direction trading and dual-direction trading, making it suitable for a wide range of market conditions and trading styles.
Key Features
Trend-Based Initial Entry
RETRO V5 opens the first trade based on market direction confirmation:
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Buy positions are opened when price is trading above the previous candle open.
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Sell positions are opened when price is trading below the previous candle open.
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Designed to follow market momentum rather than blindly opening positions.
Smart Grid Recovery System
The EA automatically adds recovery positions when price moves against existing trades.
Features include:
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Configurable Grid Distance
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One Grid Entry Per Candle
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Entry Delay Protection
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Spread Filter Protection
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Independent Buy and Sell Recovery Logic
This helps prevent excessive order clustering while maintaining recovery efficiency.
Advanced Lot Management
RETRO V5 offers flexible position sizing options:
Fixed Lot Mode
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Consistent lot size for every entry.
Progressive Step Mode
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Lot size increases gradually according to configured entry levels.
Emergency Recovery Multiplier
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Activates only after a specified number of grid positions.
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Designed to accelerate recovery during deep market retracements.
Independent Buy & Sell Engine
The EA manages Buy and Sell positions separately using dedicated Magic Numbers.
Benefits:
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Independent trade management
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Separate recovery calculations
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Better control over directional exposure
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Compatible with Hedging Accounts
Daily Profit Lock
Built-in protection system to preserve gains.
When the daily profit target is reached:
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All new entries are paused.
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Existing positions can be managed according to EA logic.
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Trading resumes automatically on the next trading day.
This feature helps traders maintain disciplined profit-taking.
Spread Protection
RETRO V5 continuously monitors market spread.
The EA will:
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Avoid opening new positions when spread exceeds the user-defined limit.
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Reduce exposure during unstable market conditions.
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Improve execution quality.
Entry Delay Protection
To prevent overtrading:
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Minimum time delay between entries can be configured.
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Helps avoid rapid-fire orders during volatile conditions.
Symbol-Aware Volume Handling
The EA automatically adapts to broker specifications:
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Minimum Lot Size
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Maximum Lot Size
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Lot Step Requirements
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Filling Mode Compatibility
This ensures broader broker compatibility and improves stability during live trading and Market validation.
Fully Customizable Settings
Users can adjust:
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Initial Lot Size
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Grid Distance
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Maximum Grid Levels
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Martingale Settings
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Emergency Multiplier
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Daily Profit Target
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Maximum Spread
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Entry Delay
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Trade Direction Mode
Trading Modes
Buy Only
Trades long positions only.
Sell Only
Trades short positions only.
Buy & Sell
Trades both directions independently.
Recommended Usage
RETRO V5 is best suited for traders seeking:
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Automated trend-following entries
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Controlled grid recovery management
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Flexible lot progression
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Daily profit protection
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Hands-free trade execution
For optimal performance, it is recommended to use adequate account balance, appropriate leverage, and risk settings that match your trading objectives.
Platform: MetaTrader 5
Account Type: Hedging
Execution: Fully Automated
Broker Compatibility: Multi-Broker Supported
