Retro Kingsman

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:

• Buy positions are opened when price is trading above the previous candle open.

• Sell positions are opened when price is trading below the previous candle open.

• 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:

• Configurable Grid Distance

• One Grid Entry Per Candle

• Entry Delay Protection

• Spread Filter Protection

• 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

• Consistent lot size for every entry.

Progressive Step Mode

• Lot size increases gradually according to configured entry levels.

Emergency Recovery Multiplier

• Activates only after a specified number of grid positions.

• 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:

• Independent trade management

• Separate recovery calculations

• Better control over directional exposure

• Compatible with Hedging Accounts

Daily Profit Lock

Built-in protection system to preserve gains.

When the daily profit target is reached:

• All new entries are paused.

• Existing positions can be managed according to EA logic.

• 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:

• Avoid opening new positions when spread exceeds the user-defined limit.

• Reduce exposure during unstable market conditions.

• Improve execution quality.

Entry Delay Protection

To prevent overtrading:

• Minimum time delay between entries can be configured.

• Helps avoid rapid-fire orders during volatile conditions.

Symbol-Aware Volume Handling

The EA automatically adapts to broker specifications:

• Minimum Lot Size

• Maximum Lot Size

• Lot Step Requirements

• Filling Mode Compatibility

This ensures broader broker compatibility and improves stability during live trading and Market validation.

Fully Customizable Settings

Users can adjust:

• Initial Lot Size

• Grid Distance

• Maximum Grid Levels

• Martingale Settings

• Emergency Multiplier

• Daily Profit Target

• Maximum Spread

• Entry Delay

• 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:

• Automated trend-following entries

• Controlled grid recovery management

• Flexible lot progression

• Daily profit protection

• 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