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Content: Expert: King Sniper EA MT4-1.3-fix.ex4 (Unlocked-Unlimited), NO MANUAL.
Fully Automatic Expert Advisor for GBPUSD (M15) — No Complex Settings Needed
This Expert Advisor is designed for simplicity and effectiveness, requiring no additional settings—the default configuration works best for trading the GBPUSD pair on the M15 timeframe.
Key Highlights:
Based on simple price mechanics — no AI, machine learning, or complex algorithms
Strategy: Quick scalping using breakdowns of important support and resistance levels
Adaptive Stop Loss: Stop loss size adjusts dynamically using built-in algorithms (AutoSL MODE 1 recommended)
No risky money management methods: No martingale, grid, or hedging strategies employed
GMT Offset setting: Default is 2, suitable for major brokers (e.g., IC Markets) to ensure accurate trading hours without manual adjustments
Main Features:
Always uses Stop Loss and Take Profit to manage risk
Optimized for low-spread brokers (0-3 points in 5-digit quotes) to maximize efficiency
Recommended to run the EA before the StartHour (4 a.m. with WinterGMT=2) to ensure proper session alignment
Best used with ECN accounts offering raw or razor spreads for optimal execution
Designed to work on GBPUSD pair with M15 timeframe
Supports trading leverage 1:100 or higher (can work on lower leverage with adjusted risk settings)
Recommended to use a VPS server for reliable 24/7 operation
Recommendations for Traders:
Start testing on a demo account or with minimum lot size to familiarize yourself with the EA’s behavior
Use a broker with the lowest possible spreads to enhance performance
Always test on the broker you intend to trade with since performance can vary across brokers
If you have questions or need help configuring GMT settings or other parameters, feel free to contact me via private message — I’m always happy to assist
This Expert Advisor offers a straightforward, reliable, and risk-conscious way to trade GBPUSD scalping opportunities on M15. It’s perfect for traders who want automation without complicated settings or risky strategies.