The King Sniper EA is a fully automated Expert Advisor crafted specifically for the GBPUSD currency pair. Renowned for its simplicity and ease of use, this EA eliminates the need for complex configurations or manual adjustments. By utilizing the default settings, traders can achieve optimal performance with minimal effort.
How King Sniper EA Works
King Sniper EA employs a straightforward price-action-based strategy, avoiding the use of advanced technologies like artificial intelligence or machine learning. Its primary focus is on identifying and exploiting significant price levels to capture quick scalping opportunities.
The EA features an adaptive Stop Loss mechanism that dynamically adjusts risk management based on built-in algorithms. It offers two modes for Stop Loss, with AutoSL Mode 1 recommended for most market conditions. 
Specialized for GBPUSD, King Sniper EA focuses on key-level breakouts, ensuring it captures meaningful price movements while maintaining a robust risk management system.
Key Features of King Sniper EA
- Stop Loss and Take Profit
- Every trade is equipped with a Stop Loss and Take Profit to clearly define exit points, ensuring disciplined risk and profit management.
- Risk-Free Strategy
- The EA avoids high-risk trading methods like Martingale, grid, or hedging strategies, ensuring a safe trading environment.
- GMT Offset Functionality
- Includes a GMT Offset setting to sync with the broker’s server time. The default value of 2 is compatible with most major brokers, such as IC Markets, requiring no adjustments during trading or backtesting.
Recommendations for Optimal Use
Minimum Account Balance:
- Recommended starting balance: $50 (can operate with as low as $25).
Preferred Currency Pair:
- Works best on GBPUSD (can also be used with other currency pairs).
Timeframe:
- Optimized for the M15 timeframe (functional on other timeframes as well).
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
