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Trading King Extended MT5

Extended version of Trading King MT5 advisor. Indicators used: ATR, RSI, Stochastic, CCI, WPR, DeMarker, RVI. Each indicator can be used optionally on / off.

MT4 version of advisor Trading King Extended

Work monitoring: link

The set file and optimization results will be posted in the discussion of the advisor.

The strategy of the adviser is based on an assessment of the strength of the trend and the finding of correction / reversal points; it compares the absolute values of the rise and fall of the market over a certain time period. Filters are used for news, delay, spread expansion, increased volatility, slippage and day of the week. The strategy uses short-term trading - night scalping, not using martingale

Suitable for all brokers, including American brokers with FIFO. All orders are accompanied by virtual stop-loss and take-profit in pips. The graph displays various information and indicators indicators. The recommended minimum deposit is $ 200 for 0.01 lot. A trading lot is calculated using the formula: Balance / FROM_BALANCE * FIX_START_LOT. Take Profit set 50-100 pips with a spread of 20 pips. The timeframe is set in the parameters of the adviser, the default settings are optimized for EURUSD

If STOPLOSS_IN_PIPS = TRUE, then STOPLOSS is set in pips, otherwise in% of balance. STOP_TRADING = TRUE, the EA stops trading when a loss is received and sends a notification to MetaQuotes ID and E-Mail. If, at the time of the loss, orders are opened in the opposite direction, the adviser will switch to the closing mode for all orders at the breakeven level.

Take profit is initially set from the opening price of the first order. If N is the number of open orders specified in the START_ZEROLEVEL parameter, take profit will be set from the breakeven level. If the number of orders has reached the specified value in START_BREAKEVEN - then the adviser will close all orders in breakeven

If the day of the week is set as FALSE, and there are open positions in the market, the adviser will go into the mode of closing orders on a breakeven basis, a new cycle of orders will not be opened

To use the news filter, you need: In the trading terminal, in the menu, open "Tools" ---> "Settings" ---> "Advisors" ---> add the address "http://calendar.fxstreet.com" in the "Allow WebRequest for the following URLs ".

The time of the expert is set by your broker's server time in the "Market Watch".

For the first acquaintance with the advisor, I recommend enabling the visual mode in the strategy tester.

Main settings: 

  • START_HOUR , START_MINUTE - hour and minute to start trading;
  • STOP_HOUR , STOP_MINUTE - hour and minutes for the end of trading;
  • NEWS_FILTER - enable news filter;
  • NEWS_IMPOTANCE - the importance of news;
  • STOP_BEFORE_NEWS , START_AFTER_NEWS - stop, before and after the news. set in minutes;
  • MAX_ORDERS - the maximum number of orders in one direction;
  • IGNORE_SIGNAL - if = TRUE, and there are already open positions, the signal to open the opposite order will be ignored until the number of orders becomes 0 or MAX_ORDERS;
  • MAX_SLIPPAGE - maximum slippage;
  • MAX_SPREAD - maximum spread;
  • USE_BALANCE_PCT -% of funds from the balance used by the advisor for work, is set for each character separately;
  • FIX_START_LOT - fixed starting lot for each N amount from the balance (FROM_BALANCE);
  • FROM_BALANCE - N balance amount for the calculation of the starting lot (FIX_START_LOT);
  • STOPLOSS_IN_PIPS - if TRUE, then STOPLOSS is set in pips, otherwise in% of balance;
  • STOPLOSS - stop loss
  • STOP_TRADING - stop trading when a loss is received
  • TAKEPROFIT - take profit in pips
  • START_ZEROLEVEL - if N is the number of orders, take profit will be set from the breakeven level
  • START_BREAKEVEN - close all orders in breakeven if the number of orders has reached the specified value
  • TIMEFRAME_BAR - timeframe for defining a new bar
  • MAGIC_NUMBER - magic number
  • SHOW_INFORMATION - display information on the chart


Reviews 1
CESAR RODRIGUEZ
107
CESAR RODRIGUEZ 2019.03.18 04:58 
 

I just purchased the extended version. Great ea!

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This EA trades a weekly gap, opening trades on the Friday before the market close and closing trades on Monday morning. I have been using this strategy for a long time with my "Breakthrough Strategy" EA. I intentionally did not over-optimize the sets for "Breakthrough Strategy", as they have been showing good results for a long time on a real account: https://www.mql5.com/en/signals/395124 . Therefore, as an alternative or addition to the "Breakthrough Strategy" I created this Expert Advisor "F
280 USD
Bancomat
Vladimir Khlystov
The expert Advisor does not require configuration and optimization of parameters. At the same time, the expert Advisor trades on 20 currency pairs. The trading principle is hedging (insurance of transactions). Thanks to this principle, the EA does not enter large drawdowns. The regulation of profitability is achieved through changes in the lot. The minimum recommended Deposit is from 500 usd with a lot of 0.01. At the same time, the expected profit will be 7-15% per month. You can leave the oth
1 100 USD
Unlimited
Mohammadjavad Barzegar
Master of mt5 Hello, I am Mohammadjavad Barzegar and I want to introduce my new EA. This is my best expert. If the expert does not answer correctly, send a message. This trading system is suitable for both experienced traders and beginners. The EA includes protection against high spreads, and allows you to trade with a fixed or automatic lot size. Timeframe is not limited. The EA is very easy to setup and use Using complex internal algorithms, it follows institutional market movements. Wo
490 USD
EA Pending order Spider
Svetlana Kavyrshina
EA Pending order Spider places BUYSTOP and SELLSTOP pending orders or the grid of pending orders (Setka parameter) at the specified distance or at the distance equal to the arithmetic mean value of the last bars' height (or at the minimum allowed distance) from the current price. The Expert Advisor places orders within the specified number of seconds before candle closing (TimeStart parameter) and removes non-activated orders within the specified number of seconds after a new candle is opened (T
33 USD
Stock Trader Pro MT5
Ivan Pochta
Stock Trader Pro v.1.1 Launch Promo 5 / 5 additional copies by price $750 Next Price $990 Normal Price $1250 Stock Trader Pro   is a fully automated trading advisor designed to work in the   Stock Markets , in particular, to trade shares of the largest companies in the   US Stock Market . The system is based on the author’s trading strategy. Unlike Forex systems,   Stock Trader Pro     opens only LONG positions on the global trend on price pullbacks (corrections), analyzing data from several ti
750 USD
EA Scalper MT5
Valerii Gabitov
IMPORTANT: Please contact me after buying for the correct paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected news or flash cras
499 USD
Exp TickSniper PRO FULL
Vladislav Andruschenko
Exp-TickSniper -  high-speed tick scalper with auto-selection of parameters for each currency pair automatically. Do you dream of an adviser who will automatically calculate trading parameters? Automatically optimized and tuned? The full version of the system for MetaTrader 4:   TickSniper  scalper  for MetaTrader 4 The EA has been developed based on experience gained in almost 10 years of EA programming. The EA strategy works with any SYMBOLS. The timeframe does not matter. The robot is based o
229 USD
MACD Master
AMS Trading
MACD Master Our MACD Master is the Expert Advisor you were searching for. It is easy to set up and brings Money Management such as automated or fixed Stop loss, risk management with fixed amount or percentage on the Account Balance or Account Equity and the most important for a solid system, the definition of the risk ratio - CRV. How does the system work? The system is based on the original idea of the MACD. Whenever the fast EMA and the slow EMA of the MACD are crossing a sell or buy signal
99 USD
Do IT MT5
Ildar Kabirov
DO IT MT5 - it is a Secure Automated Software for generation of daily profits for Forex market and indices. The architecture is a Fully Automatic Autonomous Robot Expert capable of ⭐⭐⭐⭐⭐   independently analyzing the market and making trading decisions   ⭐⭐⭐⭐⭐ The Trading system is Multi-currency and is able to trade on charts:  EURUSD, USDJPY, GBPUSD, DAX30, GOLD, SPX500  🔥   The Best and Latest settings for DOIT v9.77        🔥  🔥  You Can additionally contact me Instagram          🔥 
490 USD
TrendLine GRID
Evgenii Aksenov
⭐   ⭐   ⭐   ⭐   ⭐  LAST WEEK PROMO PRICE!!!   🏃   🏃   🏃   This is a grid EA based on the signals of the Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 📢   Telegram channel " Profit every day "   https://t.me/   INFINITY_PRO_ED    🚩   Live signals here:  https://www.mql5.com/en/users/neurofx/seller  🔥🔥🔥   Promo "Buy one Get one free ►     https://www.mql5.com/en/blogs/post/740436 Trend Line GRID EA trade the first order based on the indicator signal and buil
125 USD
Exp5 The xCustomEA for MT5
Vladislav Andruschenko
Universal trading adviser on custom indicators for  MetaTrader 5 . Builder of strategy. Write the name of your indicator with Arrow and signal buffers, and our EA xCustomEA trades on these signals. You can also use many of our built-in functions. Version for MetaTrader4:  The xCustomEA  version  for MetaTrader 4 terminal The functionality of the universal trading adviser The xCustomEA exactly duplicates all the parameters of our advisor  The X  except one: The xCustomEA  works on a custom indica
499 USD
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CESAR RODRIGUEZ
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CESAR RODRIGUEZ 2019.03.18 04:58 
 

I just purchased the extended version. Great ea!

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Version 1.2 2019.02.01
Добавлен параметр CLOSE_ZEROLEVEL - по окончанию разрешенного для торгового времени закрывать все ордера в "0".
Version 1.1 2019.01.29
Added parameter COMMENT - order comment