Overview — finally, an MT5 robot that behaves


Overpriced robots that promise 50% a month and then nuke your balance on one weird Friday? Hard pass. BKP EA V1 MT5 takes the opposite path: risk first, entries second. It’s a YoForex-powered, free forex EA designed for traders who value steady growth, tidy journals, and way less screen-time. The engine combines a trend-aligned bias with pullback entries—so it hunts for higher-quality R:R instead of chasing noise.


You download, drop it into MT5, attach to a chart, pick your risk… done. BKP EA does the meticulous watching while you focus on the plan (and your sanity).


📥 Download (Free): BKP EA V1 MT5
Can’t spot the post instantly? Check Free Forex EAs or use site search.


Introduction — the “why” behind BKP


If you’ve ever installed a hyped bot that doubled down into drawdown (coz “it’ll come back”), you already know what not to want. BKP EA V1 MT5 is engineered around calm execution and risk discipline. It reads higher-timeframe structure to set a directional bias, then times entries on lower-timeframe pullbacks where stops can be tighter and targets sane. No martingale. No grid spam. No revenge trading.


It’s not a “trade 100 times a day” system. It’s fewer, better trades, with volatility-aware exits and guardrails to sit out bad conditions. You’ll likely notice fewer dramatic swings in the equity curve, and—more importantly—fewer heart attacks.


What exactly is BKP EA V1 MT5?


BKP EA V1 MT5 is a MetaTrader 5 expert advisor that:



  • Determines bias on higher timeframes (structure, session momentum, volatility profile).

  • Takes pullback entries on lower timeframes aligned with that bias.

  • Uses hard SL/TP on every trade, with ATR-aware dynamic sizing of stops/targets.

  • Can stand down during abnormal spread spikes, news bursts, or messy regimes.

  • Keeps your journal clean, which is great for prop challenges and sanity.


Best pairs: EURUSD, GBPUSD, XAUUSD (Gold)
Timeframes: M15–H1 (H1 = calmer, M15 = more active)
Account types: Standard/ECN; hedging-enabled preferred
Minimum deposit: ~$300–$500 (broker lot step dependent)
VPS: Yes—24/5 uptime matters



Key Features — the good stuff (no fluff)



  • Trend + Pullback Logic: Higher-TF bias + lower-TF retracement entries for better average R:R.

  • No Martingale / No Grid Spam: Optional micro-scaling only, never exponential, never reckless.

  • Strict Risk Controls: Hard SL/TP, equity guard, and daily loss cap so a bad day stays a day.

  • ATR-Aware Exits: Stops/targets flex with volatility instead of vibes.

  • Spread & Session Filters: Skip nasty spreads and early session noise.

  • Prop-Friendly Behavior: Clean journal, limited concurrent trades, configurable throttle.

  • Presets Included: Conservative / Balanced / Aggressive (start Balanced).

  • Lightweight & VPS-Ready: Stable execution around the clock.

  • Free Forever: YoForex + FxCracked.org keep essential tools open for the community.


Strategy (human explain, not hype)


BKP’s bias engine checks the big picture: higher highs/lows, session momentum, and volatility bands. If the bias is bullish, it waits for discount pullbacks; if bearish, it seeks premium rallies to short. The entry engine then looks for micro-exhaustion or imbalance to time the trigger, setting tight ATR-based stops and dynamic take-profits.


When spreads blow out or news turns the order book into a trampoline, BKP can pause. It doesn’t play hero. It won’t flood your logs with 50 tiny orders, and it won’t “average down forever.” The result: fewer, more intentional trades that are easier to risk-manage, track, and explain.


Backtest Results & Forward Feel (how to judge it properly)


Do multi-year backtests (e.g., 2018–2025) on M15/H1 for EURUSD and XAUUSD using tick data + variable spread. Then run a 2–4-week demo forward test with your broker to capture slippage, spread behavior, and execution quirks.


Illustrative balanced-risk targets (not promises):




  • Average monthly gain: ~4–7%




  • Max drawdown: ≈10–14%




  • Win rate: ~52–60%




  • Average R:R: ~1:1.2 to 1:1.6




  • Trade frequency: moderate, throttled around high-impact news




Compare with other community bots here: Top Free Forex EAs



How to Install & Configure BKP EA V1 MT5 (step-by-step)



  1. Download the EA → BKP EA V1 MT5 (Free) (you’ll find it under Free Forex EA).

  2. In MT5, go to File → Open Data Folder → drop the EA file into MQL5/Experts/.

  3. Restart MT5 or right-click Navigator → Refresh.

  4. Drag BKP EA V1 MT5 onto your chart (start with EURUSD M15).

  5. Turn on Algo Trading.

  6. Select the Balanced preset (or set risk per trade = 0.5–1.0%).

  7. Enable Equity Guard and a Daily Loss Cap (e.g., 2–3%) so one day can’t wreck the week.

  8. Save your template so the setup is repeatable across charts.


Need visuals? See How to Install Expert Advisors in MT5 for screenshots and a quick walkthrough.


Recommended Settings & Best Practices



  • Pairs: Start EURUSD, add GBPUSD next; add XAUUSD once comfortable (size down on gold).

  • Timeframes: M15 (more trades) or H1 (calmer stats).

  • Risk/Trade: 0.5–1.0% (Conservative: 0.25–0.5%).

  • Max Concurrent Trades: 1–3 per pair to keep the journal clean.

  • Daily Loss Cap: 2–3% equity; if hit, the EA stands down.

  • Filters: Spread ≤ your broker’s typical + a small buffer; avoid first minutes after session opens.

  • Leverage: 1:200–1:500 (be mindful of margin + costs).

  • VPS: Yes, always recommended.

  • Broker: Low-spread ECN (test on your own data—every feed behaves differently).


If you’re new to risk, skim the risk section in our Beginner Guide—it’s simple and practical.


Risk Management — coz this is the real edge



  • Fix your % risk first; don’t chase lot size.

  • Withdraw profits on a cadence (weekly/monthly) to bank gains.

  • Respect news calendars; pause if your broker slips hard around announcements.

  • Scale slowly; equity growth ≠ instant risk bump.

  • Don’t tweak mid-drawdown; stick to the plan you tested.


Want more EAs to diversify your basket? Browse Free EAs & Indicators.


Prop-Firm Friendly Setup


BKP’s tidy behavior helps with most evaluation rules:



  • Clean execution (no 50-order spam).

  • Daily drawdown guard to avoid breaches.

  • Moderate lot sizing tied to balance and rulebook.

  • Optional news filter to skip restricted periods.


Read our quick tips section inside the Free Forex EA category for challenge do’s/don’ts.


Why Choose YoForex-Powered Tools?


Because we keep things free, transparent, and supported. The YoForex team behind FxCracked.org ships community-first tools with clear install guides, risk-aware defaults, and actual humans on support. No paywalls for essential features, no vanishing acts after release.


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Support & Disclaimer


Need help with install or tuning? Ping us—fast, friendly replies:



Disclaimer: Trading forex/CFDs involves risk. Past performance doesn’t guarantee future results. Always demo test before going live and risk only what you can afford to lose.


Call to Action — your next step


Ready to automate steady, rule-based trading?
Grab BKP EA V1 MT5 for free and start on a balanced preset. Scale only after you’ve seen it behave on your feed.


👉 Download: BKP EA V1 MT5 (Free)
If that direct post moves, you’ll always find it under Free Forex EAs.


Happy Trading