Introduction

Are you fed up with paying hefty subscription fees for forex robots that underdeliver? Meet Lion King EA V2.0 MT4, your new go-to M5 scalping Expert Advisor engineered for consistent gains on gold and major currency pairs. Developed and refined by YoForex’s in-house quant team, Lion King EA V2.0 brings institutional-grade logic to your personal MT4 platform. Whether you kick things off with just $50 or go bigger at $5,000, this EA adapts to your balance and appetite for risk. With dynamic money management, slippage controls, and an easy setup, it’s designed to empower traders—novice or veteran—to seize scalp opportunities without breaking the bank.

How Lion King EA V2.0 Works

At its core, Lion King EA V2.0 fuses multiple custom indicators—trend filters, volatility gauges, and breakout detectors—to pinpoint high-probability entries on the M5 timeframe. Here’s the drill:

  1. Trend Analysis: A combination of moving-average crossovers and a proprietary direction filter confirms the dominant short-term trend.
  2. Signal Generation: Once trend direction is clear, the EA scans for breakouts beyond recent swing highs/lows, validated by a volatility band filter to avoid false alarms.
  3. Risk Management: Position sizing adjusts dynamically based on account equity and recent market noise, capping risk at a fixed percentage per trade.
  4. Trade Management: Orders automatically incorporate break-even stops and trailing mechanisms. If price moves in your favor, the EA locks in profits and reduces exposure to sudden reversals.

Beyond entries and exits, built-in slippage/spread checks ensure you’re not trading during peak spreads or high-impact news, preserving capital and preventing nasty slips.

Lion King EA V2.0

Key Features

• Multi-Symbol Capability: XAUUSD, GBPUSD, EURUSD, AUDUSD & USDCAD
• M5 Timeframe: Balances signal frequency and noise filtering
• Adaptive Lot Sizing: Scales risk to account size in real time
• Profit Targets: Aims for 1–2% daily returns
• Drawdown Control: Hard cap at 5%, with no martingale strategies
• Slippage & Spread Filters: Auto-pause during thin liquidity or news spikes
• Automated Trade Management: Break-even and trailing stops built in
• User Dashboard: Real-time trade overview within MT4
• Alerts & Notifications: Email and mobile push alerts available
• Easy Parameter Tweaks: Modify risk, session hours, and max trades

Backtest Results & Live Performance

Lion King EA V2.0’s credentials aren’t just hype. Backtests on real tick data from January 2018 to April 2025 deliver:

  • Trades Executed: 12,450 across five symbols
  • Net Profit: $23,400 on a $1,000 starting balance
  • Profit Factor: 2.35
  • Max Drawdown: 4.8%
  • Win Rate: 62%

On XAUUSD specifically, a $1,000 demo account grew to $5,200 over six months, with minimal equity curve stagnation during low-volatility stretches. Demo and live-account snapshots confirm parity: over 150 trades per month, consistent slippage metrics under 2 pips, and average hold time of 10–15 minutes. Traders report stable returns even through major FOMC announcements, highlighting the EA’s built-in news filter.

Installation & Configuration

  • Download: Get the LionKingEA.ex4 file from MQL5.software.
  • Install: In MT4, navigate to File → Open Data Folder → MQL4 → Experts, then paste the EA file.
  • Restart MT4: Close and reopen to refresh the Expert Advisors list.
  • Attach to Chart: Open an M5 chart for your chosen symbol, then drag Lion King EA V2.0 onto it.
  • Input Settings:
  1. Risk Level: 0.5–2% per trade
  2. Max Spread: 30 points for FX, 100 points for XAUUSD
  3. Trading Hours: Enable London & New York overlap sessions
  4. Notifications: Toggle email/mobile alerts as desired
  • Enable Algo Trading: Click the Algo Trading button (green play icon).

Lion King EA V2.0

Recommended Settings

• Risk per Trade: 1% of equity
• Max Open Trades: 3 simultaneous orders
• Magic Number: 2020 (default)
• Slippage Limit: 3 pips for forex, 10 pips for gold
• Session Filter: 07:00–17:00 GMT+1

Feel free to dial down risk if you’re running sub-$500 accounts, or increase max trades on larger balances.

Expert Tips for Optimal Performance

• Use a VPS: Latency matters—run your EA on a 24/7 VPS
• Avoid News: Keep the EA paused during high-impact releases
• Demo First: Always test on demo to fine-tune to your broker’s conditions
• Monitor Equity: Manually check drawdown; never risk more than 5% per session
• Stay Updated: YoForex releases periodic updates—install v2.1 or higher when available

Conclusion

Lion King EA V2.0 MT4 combines rigorous backtesting, adaptive risk controls, and lightning-fast execution to deliver a best-in-class M5 scalper for gold and major FX pairs. With low entry barriers ($50–$5,000), no hidden costs, and robust user support, it’s the missing piece in your automated trading toolbox. Ready to lead the pack? Download Lion King EA V2.0 now and start trading like royalty.

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Happy Trading