Queen and King MT4

Queen and King EA is a highly specialized, fully automated trading system built strictly for traders who understand market probabilities and risk management.

Currently optimized exclusively for XAUUSD on the M5 timeframe, this Expert Advisor operates by waiting for precise price action confirmation patterns. Once a valid market setup is confirmed, the EA strategically executes trades based on calculated Fibonacci Retracement levels. Support for additional Forex and Crypto pairs is currently under development, and the algorithm will receive continuous updates and optimizations moving forward.

Key Features and Mechanics

High Reward-to-Risk Ratio This is a probability-driven system. It is designed to cut losses early and let winning trades run. Depending on the Fibonacci extension targets, the Reward-to-Risk (RR) ratio is exceptionally high, ranging from 1:5 up to 1:12.

Dynamic Order Management and Hedging Because the EA strictly follows signals on the M5 chart, it executes a new order every time a valid confirmation appears. In highly volatile conditions, this means the EA can naturally enter a hedging state if opposing signals form. However, every single position is strictly and independently managed with its own predefined Stop Loss and Take Profit.

100% Authentic Algorithm This is not a gimmick EA designed to produce a perfect, straight-line backtest to trick buyers. There is absolutely no history data injection or curve-fitting hidden in the code. It is a real trading engine that takes real losses and capitalizes on high-probability wins.

Broker Differences and Recommendations

I highly recommend using the default settings, as they are the result of extensive testing and represent the best configuration available right now. Please be aware that trading results may vary from broker to broker. Differences in tick volume, spread, and slight variations in candle closes will affect how breakout confirmations are read by the EA.

Strict Risk Disclaimer

Trading XAUUSD carries a massive potential for financial loss. Due to the frequency of M5 signals and the potential for multiple open orders, the drawdown can be significant.

You must extensively backtest this EA on your chosen broker before purchasing. This system is created specifically for experienced traders who are comfortable with high-risk, high-reward scenarios. If you are hesitant, easily panicked by floating drawdown, or lack strict money management, it is highly recommended that you do not buy this EA.

Pricing and Expectations

You can secure your copy now at this low introductory price before it increases as new features and supported pairs are rolled out.

Please read this carefully: This is not a holy grail. The EA is designed for long-term monthly and yearly accumulation. It relies on statistical edge, which means you will experience losing months. If you are a trader expecting a system that guarantees profits every single month without fail, do not purchase this expert advisor.

Recommendations for Testing and Small Capital

I highly recommend testing this EA on a Cent account first to understand its dynamic behavior safely. The minimum recommended capital is 1000 USD for a Standard account or 10,000 Cent (equivalent to 100 USD).

If you are trading with a smaller balance, you can easily adjust the parameters to lower your risk exposure. You can set Use Entry Partial to false, which commands the EA to close the entire order immediately at TP1. To further reduce risk, you can disable the second entry level by setting Use Golden Entry to false in both the Queen and King settings.

Understanding the Partial Close and Breakeven Logic

If your capital allows it and you choose to enable the partial close feature (Use Entry Partial = true), the EA will secure a portion of the profit at TP1, leaving the remaining lot size to run toward the maximum target at TP2.

Additionally, if you set Use BE to true, the Stop Loss for that remaining position will automatically be moved to Breakeven (entry price) once the partial close is triggered. Because of these flexible options, please backtest the EA thoroughly to discover which setting combination best fits your trading style and risk appetite.

Account Management Tip

To accurately evaluate the performance of this system, do not mix this EA with other EAs on the same account. Let it run independently so you can clearly monitor its actual results, win rate, and drawdown. You should only combine it with other trading systems if you are an expert trader who fully understands the compounded margin risk.

ATTENTION! Download the free demo before purchasing. Backtesting is mandatory before trading on a REAL account.

--- MT4 Version is here ---
https://www.mql5.com/en/market/product/194541

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