Kraken V4

Kraken v4 – Smart Trend Scalper

Kraken v4 is a fully automated Expert Advisor built for disciplined trend-following and precise entry timing.

The EA combines multi-timeframe EMA confirmation with an internal Schaff Trend Cycle trigger to identify momentum entries aligned with the broader market direction. To reduce weak entries, Kraken v4 can also filter trades using recent support and resistance levels.

Main Features
- Multi-timeframe trend confirmation
- Schaff Trend Cycle entry logic
- Dynamic lot sizing based on account balance
- Built-in Stop Loss and Take Profit
- Automatic break-even protection
- Spread filter for trade quality control
- Support and resistance distance filter
- One-position-only logic for cleaner risk control
- Max trades per day limiter

How It Works
1. The EA checks trend direction using EMAs on two higher timeframes.
2. It waits for a Schaff Trend Cycle cross on the signal timeframe.
3. It validates available room to target using support/resistance filtering.
4. It opens only one trade at a time.
5. It can move the stop loss to break-even when the position reaches the configured profit threshold.

Recommended Usage
- Best used on Step index instruments with stable execution conditions.
- Recommended on brokers with low latency and acceptable spread.
- Start on demo before using real capital.
- Optimize settings for your symbol and broker conditions.

Inputs Overview
- MaxTradesPerDay: daily trade cap
- RiskManagementFactor: dynamic lot sizing coefficient
- MinLot / MaxLot: lot boundaries
- TakeProfitPips / StopLossPips: trade exits
- BreakEvenPips: profit threshold for stop movement
- MaxSpreadPoints: spread protection
- TrendEMAPeriod: trend filter strength
- TrendTF1 / TrendTF2 / SignalTF: timeframe structure
- Schaff settings: signal sensitivity
- SR settings: market structure filter

Disclaimer
Trading involves risk. Past performance does not guarantee future results. Use proper risk management and test settings before live deployment.

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