What's included

  • Installation guideStep-by-step PDF with screenshots
  • Optimised presetsReady-to-use configuration files
  • Future updatesIncluded free when we receive them
  • Email supportHelp with setup and technical issues
7-day money-back guarantee. If the EA fails to attach to your chart because of errors we can replicate, you get a full refund. Trading results are not covered.
Trustpilot service reviews

What our customers say

Selected Trustpilot feedback about CheaperForex support, setup and service.

Since 2019 in business 28,000+ customers served

Release the Kraken EA MT5

Release the Kraken EA MT5 combines impulse and mean-reversion scalping on gold. Its SURGE and UNDERTOW engines use a shared exposure framework, near-term regime estimates and separate risk allocations.

  • SURGE momentum entries and UNDERTOW exhaustion trades.
  • Coordinated opposing positions with hard stop and target claims.
  • One-chart XAUUSD operation, with low-spread execution essential.

Release the Kraken EA MT5 features and review

Original price was: $499.00.Current price is: $349.95.

 
Card price. Apple Pay and Google Pay accepted.
Pay with crypto and it is  20% off at checkout
  • Instant download from your account the moment checkout completes. The files stay in your customer portal.
  • Official version, with future updates included free when we receive them. You never pay twice for the same product.
  • 7-day money-back guarantee if it fails to install or run. Setup help by email whenever you need it.
Orders over $300 include 3 months of PrismAlgo EA MT5, free Our cloud-connected EA for 28 FX pairs, Gold and Bitcoin. Added to your cart automatically. PrismAlgo.com
View listing
Need Help? Message us on Telegram, or contact us

What's included

  • Installation guideStep-by-step PDF with screenshots
  • Optimised presetsReady-to-use configuration files
  • Future updatesIncluded free when we receive them
  • Email supportHelp with setup and technical issues
7-day money-back guarantee. If the EA fails to attach to your chart because of errors we can replicate, you get a full refund. Trading results are not covered.

Release the Kraken EA MT5 combines impulse and mean-reversion scalping on gold. Its SURGE and UNDERTOW engines use a shared exposure framework, near-term regime estimates and separate risk allocations.

Two engines trading different conditions

SURGE targets acceleration after compression; UNDERTOW targets a retreat from overextended prices. The developer’s Predict Market component estimates near-term conditions to choose participation and allocation. It is described as deterministic statistical logic rather than self-learning AI. The listing says positions have stop loss and take profit from entry, without grid, averaging or martingale.

Opposing exposure is not cost-free protection

The system can hold long and short positions together. Confirm a hedging-capable account for that intended behaviour; a netting account handles opposite positions differently. Both legs incur spread and commission, and each can close at a loss. The developer explicitly warns that wide-spread execution undermines the scalping approach. H1 is the recommended host chart, with suggested capital from $500.

Read the historical evidence carefully

No dedicated public signal or customer reviews were verified at publication. The original backtest image carries a future end-date relative to the review date, so it is not presented as verified historical performance. The detailed review preserves that source discrepancy and distinguishes maximal from relative equity drawdown.

Read the Release the Kraken EA MT5 review and evidence

More from Ivan Pochta

Compare the different markets and strategy designs; sharing a developer does not mean sharing the same performance.

Offer: latest-version standalone file. Follow the delivery instructions supplied with your order. Any separate developer subscription, API usage or privately granted FX Monitor access is not included unless expressly stated.

FAQs

What does Kraken trade?

Gold/XAUUSD through an impulse engine and a mean-reversion engine on MT5.

Why does account mode matter?

The described system can hold opposing positions simultaneously. Check hedging support; a netting account does not maintain separate opposite positions in the same way.

Is the supplied test verified live performance?

No. It is a developer simulation with an unresolved future end-date on the image, not a monitored live account.

What is supplied?

The latest-version standalone file offer, with post-purchase delivery instructions. Separate developer services, API charges and privately granted FX Monitor access are not part of the stated offer.

Pre-Purchase FAQs

Are updates always free?

Yes, all updates are completely free—you'll never pay twice.

We receive updates from developers and upload them to your account when they're available. Please be patient, as we're managing hundreds of products at discounted prices. More popular products are updated more frequently.

All versions are stored in your account for easy access.

What's your refund policy?

We offer a 7-day technical guarantee. If the EA fails to attach to your chart due to verified errors we can replicate, we'll issue a full refund.

However, we cannot refund based on trading performance or profit expectations—forex markets are unpredictable, and results vary by broker, spread, and market conditions. We provide tools, not guarantees.

I need assistance installing this?

Yes, we'd be happy to assist you!

We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.

Please note, however, that we cannot provide advice on how to make money with any of our products.

Can I use this on multiple accounts?

Absolutely. Once you purchase, the EA is yours to use on unlimited live and demo accounts—no restrictions.

You can run it on multiple brokers, VPS servers, or trading accounts simultaneously.

There are no license limits or activation keys. Buy once, use everywhere.

How do I download after payment?

After successful payment, your product will be available for download instantly:

  • Displayed on the screen immediately after checkout
  • Emailed to the address you provided during purchase
  • Stored in your account if you created one at checkout

In rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud. If you don't see a download link, contact us for assistance.

Is this an original product?

Yes, absolutely.

We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.

Why Traders Trust Us

Excellent on Trustpilot
4.5★ from real customers
In Business Since 2019
28,000+ customers served
Instant Access
No group buys or waiting
7-Day Refund Policy
For product errors
Remote Installation
We can install for you
Flexible Payments
Cards, Apple Pay, Crypto

Reviewed by Our Trader

Picture of Peter Jones

Peter Jones

Peter Jones is a full-time trader, forex software developer, and founder of CheaperForex.com. With over 10 years of experience in algorithmic trading, he helps traders gain an edge using reliable EAs and strict risk control.
SKU CHF-RELEASE-THE-KRAKEN-EA-MT5 Categories , ,
Product
— Card — Crypto