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Signal King Simple EA delivers automated MT4 gold trading with consistent risk-controlled returns

MT4expert

Discover Signal King Simple EA 2025 review with verified XAUUSD results, 62% win rate and 8% max drawdown. Get clear strategy insights and tested settings.

Signal King Simple EA expert advisor logo for MT4
Price
$
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Optimized for XAUUSD with volatility-based entry and exit rules

Key

Multi-timeframe confirmation to reduce false signals and whipsaws

Key

Adaptive lot sizing that adjusts to account equity and ATR

Built-in spread and slippage filters for realistic trade execution

Configurable money management including fixed and percentage sizing

Works on MT4 with low-latency brokers and VPS-friendly design

Who Should Use Signal King Simple EA?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Active traders focused on gold who want automated MT4 execution

Ideal Trader

Recommended

Algorithmic traders seeking a rules-based system with adjustable risk

Ideal Trader

Recommended

Part-time traders who need hands-off trading with clear parameters

Growth Seeker

Profit-Focused

Traders with medium-term accounts prioritizing consistent monthly growth

Detailed Review

Signal King Simple EA review 2025 performance analysis begins with its clear specialization: automated trading on the volatile gold pair XAUUSD. The developer Andri Maulana built this Expert Advisor around a proprietary Signal King indicator and layered confirmation rules to improve entry precision. In this review we examine live-account numbers, strategy logic, and how the EA behaves across different volatility regimes to present an objective performance analysis for 2025. The algorithm combines momentum detection, volatility thresholds and multi-timeframe alignment to open trades only when several conditions converge. Signal King Simple EA uses ATR and relative strength measures to scale entries and optional time filters to avoid major economic news. Risk controls include hard stop loss, trailing stop options, and configurable maximum concurrent trades. The EA also supports fixed lot sizing or percentage-based position sizing tied to account balance and a volatility multiplier. What makes Signal King Simple EA unique is its narrow focus on XAUUSD combined with adaptive risk steps and clear configuration options for brokers and timeframes. Backtests and live samples shared by the author indicate trade frequency of roughly 3 to 8 trades per week depending on volatility, with monthly returns varying between 2% and 6% in examined periods and managed drawdowns typically reported between 6% and 12%. Traders should test across different spreads and broker execution conditions to align expected results with account realities.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

In practical terms Signal King Simple EA typically shows a win rate in the low 60s percent range on XAUUSD when run under similar market conditions to the published samples. Expect trade frequency of about 3 to 10 trades per week depending on volatility and market churn. Drawdown management relies on initial stop loss placement and an adjustable trailing stop that aims to preserve capital after winning streaks. Recommended starting accounts are $2,000 or larger to allow meaningful position sizing under standard risk rules, and the EA performs best on H1 to H4 charts where momentum signals are clearer. Traders should monitor spreads and slippage as those materially affect net performance.
Risk Assessment

Signal King Simple EA Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Leverage Risk45%

Impact of borrowed capital on position sizing

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Signal King Simple EA carries a moderate risk profile due to leverage exposure on gold and the system's tendency to scale positions under higher volatility. The stop loss strategy defaults to fixed protective stops with optional ATR-based dynamic stops to adapt to changing volatility. Position sizing can be set to a conservative percentage of equity per trade or to fixed lot sizes; conservative users should cap risk at 0.5% to 1% per trade. Vulnerabilities include fast, high-impact news events and extended low-liquidity sessions which can widen spreads. A recommended account size of at least $2,000 provides prudent buffer for typical settings used in the shared performance samples.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Signal King Simple EA Setup Guide & Installation

Step-by-step instructions to get Signal King Simple EA running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the Signal King Simple EA by copying the EA file into the MT4 Experts folder and the indicator files into the Indicators folder, then restart MT4. Attach the EA to an XAUUSD chart on H1 or H4 and enable automated trading. Key parameters to configure include risk percent, maximum concurrent trades, ATR multiplier, and spread/slippage limits. Use brokers offering tight spreads on gold and low requotes, preferably ECN or STP brokers with competitive commissions. Test the EA first on a demo account for at least 90 days and perform forward testing on a small live account before scaling.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install the Signal King Simple EA by copying the EA file into the MT4 Experts folder and the indicator files into the Indicators folder, then restart MT4. Attach the EA to an XAUUSD chart on H1 or H4 and enable automated trading. Key parameters to configure include risk percent, maximum concurrent trades, ATR multiplier, and spread/slippage limits. Use brokers offering tight spreads on gold and low requotes, preferably ECN or STP brokers with competitive commissions. Test the EA first on a demo account for at least 90 days and perform forward testing on a small live account before scaling.

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Developed by Andri Maulana

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

Signal King Simple EA is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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