BKP EA V1.0 MT4

Introduction — tired of drama trading?

If you’ve ever installed a flashy bot that crushed a week’s gains overnight, same here. BKP EA V1.0 for MT4 takes the opposite path: risk first, entries second. It’s a YoForex-powered, free forex EA that combines trend bias with pullback timing, so you aim for higher-quality trades—not frantic scalps with widening spreads. The goal? Calmer drawdowns, clean execution, and hands-off consistency (at least when markets behave).

Setup is quick, performance is transparent, and you keep full control of risk. Download it, plug it into MT4, and let BKP EA do the meticulous watching while you focus on the plan.

📥 Download BKP EA V1.0 MT4 (Free) →

Overview — what exactly is BKP EA V1.0?

BKP EA V1.0 is a MetaTrader 4 expert advisor designed for trend-aligned pullback entries with strict risk governance. Think of it as a patient assistant: it reads higher-timeframe structure to set bias (bullish/bearish), then times entries during short-term dips/rallies to secure tighter stops and cleaner reward:risk.

Best Pairs: EURUSD, GBPUSD, XAUUSD (Gold).

Timeframes: M15–H1 are the sweet spot.

Minimum Deposit: From $300–$500 (broker dependent).

Account Types: Standard/ECN; hedging-enabled accounts preferred.

VPS: Recommended for reliability and lower latency.

Want fundamentals of EAs first? Start here: Beginner’s Guide to Expert Advisors

Key Features — at a glance

Trend + Pullback Logic: directional bias on HTF, entries on LTF retracements.

No Martingale / No Grid: scaling is optional and limited—never exponential.

Strict Risk Controls: hard SL/TP, equity protection, and optional daily loss cap.

ATR-Aware Stops & Targets: exits adapt to volatility, not vibes.

Spread & Session Filters: avoids poor conditions and early session noise.

Prop-Friendly Behavior: tidy journal, limited concurrent positions, rule-aware.

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

Lightweight: VPS-ready and low on CPU.

Free Forever: because YoForex champions community-first tooling.

Strategy Notes — human explain, not hype

BKP’s bias engine reads higher-timeframe structure (swing highs/lows, momentum slope, session context). When bias is bullish, it waits for discount pullbacks; when bearish, it hunts premium rallies for shorts. The entry engine looks for micro-exhaustion around imbalance zones, then sets tight ATR-based stops and dynamic targets.

No “revenge grids,” no doubling down coz “it’ll come back.” If conditions degrade—spreads widen, volatility spikes—BKP can throttle or stand down. Yes, it trades less than noisy scalpers… but the trades it does take are more intentional.

Backtest & Forward-Look (how to assess)

Run multi-year backtests on your broker’s tick data and validate with a 2–4-week demo forward test. Prioritize shape over speed:

Equity Curve: smooth progression with limited chop.

Max Drawdown: aim ≤12–15% on Balanced risk.

Win Rate & R:R: expect ~52–60% win rate with 1:1.2–1:1.6 R average.

Condition Sensitivity: fewer trades during high-impact news is good (discipline).

Cross-pair Consistency: EURUSD tends to be cleaner; XAUUSD can be spikier—size down.

How to Install & Configure (MT4)

Download the EA: https://fxcracked.org/download-bkp-ea-v1-0-mt4/

In MT4: File → Open Data Folder → MQL4/Experts/ and paste the .ex4 file.

Restart MT4 or right-click Navigator → Refresh.

Drag BKP EA V1.0 onto a chart (start with EURUSD M15).

Enable AutoTrading and confirm “Allow live trading” in EA settings.

Load the Balanced preset (if included) or set risk = 0.5–1.0% per trade.

Recommended Settings (start here)

Pairs: EURUSD (primary), then GBPUSD; add XAUUSD once comfortable.

Timeframes: M15 or H1 (H1 = fewer trades, calmer stats).

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

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

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

Filters: Spread ≤ typical broker average + small buffer; avoid first minutes of session open.

VPS: Yes, 24/5.

Broker: Low-spread ECN (IC Markets, Exness, etc.); test with your own data.

Risk Management — coz this is the real edge

Fix your % risk first, don’t chase lots.

Withdraw profits on a cadence (weekly/monthly)—bank your edge.

Respect news calendars; pause if your broker slips hard.

Scale slowly; equity growth ≠ instant risk bump.

One plan, one preset; don’t mash settings mid-drawdown.

Prop-Firm Friendly Setup

BKP’s behavior aligns well with popular firm rules:

Clean execution (no 50-order spam).

Daily DD guard to avoid rule breaches.

Moderate lot sizing linked to balance.

Optional news filter to sidestep restricted periods.

Also see our general EA Best Practices for Challenges to set expectations before Phase 1.

FAQ

Does BKP EA use martingale or grid?
No. Scaling is optional, limited, and never exponential.

What’s the best pair to start with?
EURUSD on M15 or H1 for cleaner structure and costs.

Do I need a VPS?
Highly recommended for uptime, especially if your PC sleeps.

What account size should I start with?
From $300–$500 is fine—focus on risk % not big lots.

Can I run multiple pairs?
Yes, but keep one chart per pair, unique magic numbers.

Why Choose YoForex-Powered Tools?

Because we keep it free, transparent, and actively updated. The team behind YoForex + FxCracked.org ships community-first tools with clear install guides, risk-aware defaults, and real humans in support. No paywalls for critical features, no disappearing acts after release.

Explore more:

🔹 Beginner’s Guide to Forex Trading

🔹 Top Free EAs & Indicators

🔹 About YoForex

Support & Disclaimer

Need help with install or tuning? Ping us—real people, quick replies:

WhatsApp: https://wa.me/+443300272265

Telegram Group: https://t.me/yoforexrobot

Website: https://fxcracked.org/

Disclaimer: Trading forex/CFDs carries risk. Past performance is not indicative of future results. Always demo test before going live and risk only what you can afford to lose.