King ElChart EA MT5 – Latest version | Group Buy

Introducing the Expert King ElChart EA MT5

Name: King ElChart
Version: Latest Version
Developer by: Mohammed Maher Al-sayed Mohammed Ahmed Saleh
The Right Platform: Meta Trader 5 (MT5)
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• This product is Group Buy, Please read the instructions carefully

What is King ElChart EA MT5?

With more than 20 years of trading experience, I can confirm that King ElChart EA MT5 is a dual-system Expert Advisor (EA) designed to adapt to different market phases. Unlike traditional EAs that rely on a single method, King ElChart integrates two complementary strategies:

1. Grid Recovery with Hedging – providing stability and drawdown recovery.

2. EMA + Stochastic Indicator Entries – offering precision-based signals for cleaner entries.

This combination makes the EA not just an automated tool, but a flexible trading framework that balances between high-probability entries and risk recovery logic, suitable for Gold (XAUUSD) and major forex pairs.

• Official Website: See here

Core Features of King ElChart

✅ Dual-Trading System

• Grid + Hedge Recovery Mode with up to 3 recovery stages.

• Indicator Mode using EMA crossover + Stochastic filter for trend-confirmed entries.

⚡ Full Control & Flexibility

• Switch between manual or automated operation.

• On-chart control panel & live dashboard for real-time management.

• Unique Magic Numbers for multi-pair trading.

🔒 Advanced Risk Management

• Trailing Stop per trade & basket trailing stop.

• Basket-level profit/loss management.

• Daily profit/loss limiter.

• Trading session filter to restrict execution to active hours.

⚙️ Additional Tools

• Protective trades after final recovery stage.

• Martingale logic (optional).

• Basket-based equity management.

• Fully customizable indicator inputs.

Benefits of Using King ElChart EA

1. Adaptability for Different Traders – Grid + Hedge gives recovery safety, while indicator entries provide precision for conservative traders.

2. Strong Risk Management – Daily limits, trailing stops, and basket-level controls protect accounts from runaway losses.

3. Proven Performance – With a solid Profit Factor (1.50) and low Drawdown (13.55%), the EA demonstrates efficiency in balancing profit and safety.

4. Flexibility Across Markets – Optimized for Gold (XAUUSD), but effective on other major forex pairs with tuning.

5. Ease of Use – From fully automated mode to customizable manual controls, it suits both beginners and professional traders.

6. Stability with Transparency – Unlike black-box systems, King ElChart provides real-time dashboards and full configuration options.

Performance of King ElChart EA MT5

The King ElChart EA MT5 has been thoroughly evaluated through a backtest on the XAUUSD M30 timeframe, and the results highlight both its profitability and disciplined risk management. Let’s break it down in detail:

Performance-Backed Results (Backtest)

• Net Profit: $736.45

• Profit Factor: 1.50

• Maximum Drawdown: 13.55%

• Win Rate: 54.32%

• Sharpe Ratio: 7.87

• Recovery Factor: 2.16

• Period: Jan 2025 – May 2025 (XAUUSD, M30, Raw ECN account, $1000 balance).

The backtest confirms that King ElChart EA is:

• Profitable over time with controlled risk exposure.

• Well-suited for traders who prefer systematic, rules-based strategies.

• Strong at balancing recovery trades with precision indicator entries.

• A reliable EA for XAUUSD on M30 timeframe, provided users maintain sufficient capital (≥ $1000) and proper settings.

Recommended Configuration for King ElChart EA MT5

What do you get After Downloading?

• Setting (If Any).docx
• Installation Guide.docx
• Detailed installation instructions.dpf

🤗WISH YOU SUCCESSFUL TRADING🤗