🔢 DOW King EA MT5 – Complete Settings & Parameters Guide
DOW King EA is an automated trading Expert Advisor (EA) developed specifically for trading the US30 (Dow Jones Index) on MetaTrader 5.
The EA combines risk-based position sizing, recovery management, gap protection, trailing stop technology, broker adaptation, correlation analysis and news-event filtering.
Designed for both retail traders and prop firm challenges, DOW King EA includes advanced trade management tools to help optimize entries, exits and overall account protection.

🔢 DOW King EA MT5 Settings Explained
Below are the details of the parameters in the advisor’s trading system settings table:
🔶 Based Settings
🔹 SHOW INFO = true — Displays EA information and statistics on the chart.
🔹 CLOSING SLIPPAGES OF BAD BROKERS = true — Activates protection against excessive broker slippage.
🔹 YOUR COMMENTS FOR DEALS = DOW KING — Comment attached to all trades opened by the EA.
🔹 RISK % [0=FIXED] = 5.0 — Uses 5.0% risk per trade; set to 0 for fixed lot trading.
🔹 FIXED LOT [IF RISK=0] = 0.1 — Fixed lot size used when Risk % is set to 0.
🔹 MULTY RECOVERY RISK [0=DISABLE] = 2.0 — Recovery risk multiplier used for recovery positions.
🔹 MAX SPREAD = 700 — Maximum spread allowed for trade execution.
🔹 MAX FIRST LOT = 70.0 — Maximum permitted size for the initial position.
🔹 DEALS DIVISION [0=DISABLE] = 0 — Trade splitting feature disabled.
🔹 MAX BROKER SLIP [0=DISABLE] = 350 — Maximum slippage allowed before trade rejection.
🔶 FTMO Delay For Unique Deals
🔹 RECOVERY MONDAY DEALS [MONDAY GAP PROTECTION] = true — Enables Monday gap recovery protection.
🔹 MAX % DD [ONLY EA DEALS] = 100.0 — Maximum drawdown limit applied to EA-managed trades.
🔹 STOP FRIDAY DEALS [GAP PROTECTION] = false — Friday trade suspension is disabled.
🔶 TP/SL Based Settings
🔹 GAPS CHANNEL DEFENCE = true — Activates protection against large market gaps.
🔹 ONE DEAL PER HOUR = true — Restricts the EA to opening only one trade per hour.
🔹 REAL-TIME CORRELATION = true — Enables real-time correlation analysis before trading.
🔹 [BUY] FIXED TAKE PROFIT = 12200 — Fixed Take Profit level for Buy trades.
🔹 [BUY] BUY STOPLOSS = 5000 — Fixed Stop Loss level for Buy trades.
🔹 [SELL] FIXED TAKE PROFIT = 9800 — Fixed Take Profit level for Sell trades.
🔹 [SELL] SELL STOPLOSS = 5000 — Fixed Stop Loss level for Sell trades.
🔢 Trailing Settings
🔶 Buy Trade Trailing
🔹 [BUY] LEVEL = 12 — Buy trailing level parameter.
🔹 [BUY] TRAILING START = 1300 — Profit level at which Buy trailing begins.
🔹 [BUY] TRAILING STOP = 100 — Trailing stop distance for Buy trades.
🔹 [BUY] ORDER SHIFT = -320 — Order adjustment value for Buy positions.
🔹 [BUY] TRAILING % = 12 — Percentage-based Buy trailing calculation.
🔶 Sell Trade Trailing
🔹 [SELL] TRAILING START = 1600 — Profit level at which Sell trailing begins.
🔹 [SELL] TRAILING STOP = 90 — Trailing stop distance for Sell trades.
🔹 [SELL] ORDER SHIFT = -160 — Order adjustment value for Sell positions.
🔹 [SELL] TRAILING % = 12 — Percentage-based Sell trailing calculation.
🔹 [SELL] LEVEL = 12 — Sell trailing level parameter.
🔶 Real-Time Broker GMT Adaptation
🔹 AUTO GMT = true — Automatically detects broker GMT offset.
🔹 START HOUR = 13 — Trading begins at hour 13.
🔹 START MIN = 30 — Trading begins at minute 30.
🔹 STOP HOUR = 18 — Trading stops at hour 18.
🔹 MANUAL SUMMER GMT = 3 — Manual summer GMT offset value.
🔶 News Filter Settings
🔹 USE NEWS FILTER = false — Economic news filtering is disabled.
🔹 NEWS SYMBOL = EUR,AUD,USD — News events monitored for EUR, AUD, and USD currencies.
🔹 SLEEP MINUTES BEFORE HIGHT NEWS = 120 — Trading pauses 120 minutes before high-impact news.
🔹 SLEEP MINUTES AFTER HIGHT NEWS = 120 — Trading resumes 120 minutes after high-impact news.
🔹 SLEEP MINUTES BEFORE NONFARM / FOMC = 180 — Trading pauses 180 minutes before NFP or FOMC events.
🔹 SLEEP MINUTES AFTER NONFARM / FOMC = 180 — Trading resumes 180 minutes after NFP or FOMC events.
🔹 CURRENCY = $ — Main trading instrument category is USD-based.
🔶 Identification Settings
🔹 MAGIC = 911917 — Unique Magic Number used to identify and manage DOW King EA positions.
🔹 STOP CHRISTMAS DAYS = true — Automatically suspends trading during the Christmas holiday period.
🔢 Conclusion
DOW King EA is a specialized US30 trading Expert Advisor that combines advanced risk management, correlation analysis, gap protection, trailing stop mechanisms, broker adaptation and optional news-event filtering.
With configurable risk percentages, recovery systems, and session controls, the EA is designed to help traders manage volatility in the Dow Jones market while maintaining disciplined trade execution and account protection.
🔢 FAQs
❓ What market is DOW King EA MT5 designed for?
DOW King EA MT5 is optimized for trading the US30 (Dow Jones Index), particularly on the M15 timeframe.
❓ Does DOW King EA MT5 use percentage-based risk management?
Yes. The default setting uses RISK % = 5.0, allowing dynamic position sizing based on account balance.
❓ Can the EA automatically detect broker GMT settings?
Yes. AUTO GMT = true enables automatic broker time detection and adjustment.
❓ Does DOW King EA MT5 include news protection?
Yes. The EA includes a comprehensive news filter system, although USE NEWS FILTER = false in the current configuration.
❓ How does the EA protect against market gaps?
The EA includes GAPS CHANNEL DEFENCE, MONDAY GAP PROTECTION, and optional Friday gap protection features to reduce risks associated with weekend and session-opening gaps.










