Alpha Striker SMC KING EA V2.0 MT4

Ever wondered how the big players—banks, institutions, and hedge funds—seem to always know when to strike?

That’s the power of SMC—Smart Money Concepts—and now, with Alpha Striker SMC KING EA V2.0 MT4, you can tap into that same institutional logic… fully automated.

This EA doesn’t just chase candles or RSI crosses. It uses smart money principles like liquidity grabs, order block detection, and market structure shifts to execute sniper-accurate trades. And thanks to the YoForex devs, it’s 100% FREE to download via MQL5.software.

Overview

Alpha Striker SMC KING EA V2.0 is an MT4 Expert Advisor that automates institutional-level trade logic using Smart Money Concepts (SMC). It identifies liquidity pools, breaker blocks, BOS/CHOCH patterns (Break of Structure/Change of Character), and executes trades with sniper precision.

Whether you’re a swing trader or scalper, this bot adapts dynamically to price behavior. It only pulls the trigger when the smart money would—after price manipulation, stop hunts, or structural shifts.

Optimized for major pairs like EURUSD, GBPUSD, and XAUUSD, it’s best used on M15 to H1 charts with a recommended deposit of $500+ and 1:500 leverage.

Key Features

• Free on MQL5.software – no license or subscription
• Built-in Smart Money Concepts (BOS, CHOCH, OB, liquidity grabs)
• Works on major pairs: EURUSD, GBPUSD, XAUUSD, USDJPY
• Supports M15, M30, and H1 timeframes
• No martingale, no grid – only institutional-style trades
• Targets 1:2 to 1:3 risk/reward per trade
• Dynamic SL/TP based on market structure
• Max 1–2 trades per day per pair (quality > quantity)
• Entry confirmation from internal SMC engine
• Break-even and partial TP system
• Prop firm ready: FTMO, MFF, MyFundedFX
• Fully customizable input parameters
• Low CPU usage – suitable for VPS environments

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Backtest Results & Real-World Insights

Backtest Parameters:
• Pair: GBPUSD
• Timeframe: H1
• Period: Jan 2021 – Dec 2023
• Initial Deposit: $5,000
• Win Rate: ~73%
• Max Drawdown: 5.3%
• Avg Monthly Gain: 10–15%
• Profit Factor: 1.96
• Average Trade Duration: 4–12 hours

Live Market Notes:
Alpha Striker SMC KING EA performs best in trending + volatile markets. Its built-in liquidity detection helps avoid premature entries. It shines during London session and performs exceptionally during market open/close traps.

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How to Install & Set Up

Getting started is easy, even if you're not familiar with SMC manually.

1. Download the EA
Download Alpha Striker SMC KING EA V2.0

2. Add to MT4
• Open MT4 → File → Open Data Folder → MQL4 → Experts → Paste .ex4 file
• Restart MetaTrader 4

3. Attach to a Chart
• Open EURUSD, XAUUSD, or GBPUSD on M15 or H1
• Drag the EA onto the chart → allow automated trading

4. Recommended Settings:
• Risk: 1.5–2% per trade
• Max trades/day: 2
• Leverage: 1:500
• Broker: ECN, low-spread
• VPS latency: <10ms (recommended for best performance)

Why Choose YoForex Smart Tools?

• Built with real strategies used by funded traders
• Updated regularly based on market shifts
• Designed for prop firm compatibility
• Backtested AND live-trading verified
• Always FREE to download – no nonsense

Check out our full suite of free EAs and indicators at https://yoforex.org

YoForex – empowering traders worldwide, one free tool at a time.

Support & Disclaimer

Need help installing or optimizing?

• Telegram Support: https://t.me/yoforexrobot
• WhatsApp: https://wa.me/+443300272265

Disclaimer: Trading carries risk. This EA uses institutional logic, but there are no guarantees. Always test on demo and trade with proper risk management.