An adaptive auction-driven EA that reads live tick order flow to classify the market as TRENDING or RANGING, then deploys three coordinated roles — SWORD, SPIKE, and GHOST — to attack, recover, and extend positions with full daily profit-lock and drawdown protection.
THRONE OF THORNS doesn't trade off indicators — it builds its own live auction from raw tick data, tracking accepted price, failed auctions, and migration in real time to determine whether the market is TRENDING or RANGING before it ever considers an entry. Three roles work the throne together: SWORD — the primary structural attack. Enters on failed auctions or accepted breakouts with a fixed stop/target and a five-stage progressive profit lock into full trailing. SPIKE — the recovery wave. Activates when SWORD needs rescuing, sized and triggered by live recovery sensitivity rather than a fixed martingale ladder. GHOST — the continuation wave. Only fires once SWORD is protected, extending the position in the direction the auction has already confirmed. Every role is gated by the same live awareness layer: an attached-chart structural veto that can hard-block a role regardless of what the tick auction says, an accepted-price migration check, and adverse-creep detection that cancels a role's purpose the moment the thesis turns against it. Risk is layered on top: a daily profit target with trailing lock and surplus continuation, circle and account drawdown protection, a spread/volatility filter, a full high/moderate/low-impact news calendar gate with configurable before/after windows, broker-session trading-time controls (including a rollover-window block), and a USD Index conflict veto that blocks trades running directly against dominant dollar strength. A built-in dashboard shows live auction phase, role tactical status, risk gates, the economic calendar, and a rolling equity curve. Requires a hedging account when running multi-position waves. Single-instance authority locking prevents two copies from fighting over the same account/symbol/magic number.
Estimate potential monthly returns and drawdown margins based on your starting capital.
Free algorithmic calculation tools to manage your position sizing, leverage, and drawdown.
Calculate exact lot sizes based on account balance & risk %.
Calculate exact dollar value per pip for Forex, Gold & Indices.
Project monthly compound returns over 1 to 5 years.
Master key terminology: Drawdown, Profit Factor, Sharpe Ratio.
Everything you need to know about THRONE OF THORNS EA (CON) setup, licensing, and trading performance.
Download the complete quantitative guide: Position Sizing Formulas, Prop Firm Drawdown Rules, and MQL5 Parameter Cheat Sheets.
