King Sniper EA MT4 v1.3 + SetFiles | Original & Unlimited

King Sniper EA – GBPUSD Breakout Scalper with Live Myfxbook Monitoring

King Sniper EA is a GBPUSD breakout scalper for MetaTrader 5, developed by Ivan Bebikov and listed on the MQL5 marketplace, operating on the M15 timeframe. A publicly accessible Myfxbook real-account page and MQL5 signal reference the same live Tickmill account, with documented data limitations noted in both sources. Review the Performance Results section carefully before purchasing.

Key Highlights

• ✅ Single-pair breakout scalper — GBPUSD M15 only
• ✅ MetaTrader 5 (MQL5 product 124990); MT4 version referenced by developer but not independently confirmed
• ✅ No martingale, no grid, no hedging — per vendor documentation; every trade carries a stop loss and take profit
• ✅ ECN/Raw/Pro account required; maximum 0–3 points spread on 5-digit GBPUSD quotes
• ✅ VPS recommended; GMT Offset must be set correctly before first run

Performance Results

The primary proof source is a real-account Myfxbook page (KingSniperLive, Tickmill, MetaTrader 5) showing +504.43% gain, 1.50 profit factor, and 38.10% maximum drawdown across 230 trades. A linked MQL5 signal for the same account reports 141.16% gain, 1.44 profit factor, and 38.04% maximum drawdown over 86 weeks. The gain figures differ because the MQL5 platform excludes a period where the developer documented a strategy change — the drawdown and trade count are consistent across both sources. The gain figures are not comparable on a like-for-like basis.

A secondary Myfxbook page shows a shorter 9-week run from an initial $20 deposit, returning 165.25% with a 5.9% maximum drawdown and 90.3% winning trade rate. The Myfxbook platform itself flags this account with a warning that results on a newly opened account may be of random nature. Treat it as context only, not corroborating evidence.

Several Myfxbook data sections on the primary account are private, limiting independent audit depth. View the KingSniperLive Myfxbook account directly to assess current figures.

A 38% drawdown on a live account is a real capital risk figure. On a $5,000 account, that level could see equity fall below $3,100 before recovery. Start with minimum lot sizes, use an ECN account with tight spreads, set GMT Offset correctly before the EA runs, and monitor the first two to four weeks on a demo or cent account before scaling up.

Past performance does not guarantee future results. Live data has documented limitations: partial Myfxbook privacy and an MQL5 signal with excluded historical periods.

How It Works

Strategy: Level-breakout scalping on GBPUSD M15. The EA identifies important and local price levels, then enters on confirmed breakdowns. Most trades close quickly, with the majority holding under 35 minutes based on live signal data.

Entry: Triggered by price breaking through a defined level on M15. An adaptive stop loss adjusts to market conditions at entry; exact indicator inputs are not publicly documented.

Exit: Fixed take profit and stop loss applied at entry. No documented trailing mechanism beyond the adaptive stop loss component described by the developer.

Risk Control: Stop loss and take profit on every trade — stated explicitly by the vendor. No martingale, grid, or hedging per vendor documentation. AutoSL MODE 1 is the recommended setting. Position sizing scales with the Risk/Lotstep AutoLot parameter; reduce this value if account leverage is below 1:100.

✅ Best conditions: Active GBPUSD London/New York session overlap • ECN account with 0–3 point spread on 5-digit quotes • EA running before 4 a.m. server time with WinterGMT = 2 and GMT Offset set to 2.

⚠️ Caution: High-spread or market-maker broker conditions will degrade entry quality. Incorrect GMT Offset setting shifts session timing and will affect trade execution.

Technical Specifications

Who Should Use This EA

✅ Ideal for:

• MT5 users running an ECN account with consistent sub-3-point GBPUSD spreads who can host on a VPS
• Traders comfortable actively managing a system with a documented high-drawdown live record
• Buyers willing to start on minimum lots and verify GMT and broker conditions before scaling up

✅ Best results when:

• Broker spread on GBPUSD stays consistently at 0–3 points on 5-digit quotes
• EA is deployed on a VPS with GMT Offset correctly matched to your broker’s winter server time

Not suited for traders who require low drawdown or cannot monitor a live account through its first weeks of deployment. Browse other Forex EA options or explore the MT5 EA category if you need a different risk profile.

Download Package Included

• ✅ Experts:
  • King Sniper EA MT4 v1.3.ex4
• ✅ Presets:
  • GBPUSD_Autolot.set

Product download link is sent immediately via email after purchase.