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Trading King Extended MT5

5

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


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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Yevhenii Mavletbaiev
Temporary sale for $ 379 . Next price 399$ MT4 version You can watch the trading of the Expert Advisor in real time:   Monitoring1     Monitoring 2   Monitoring 3     Currency Pair Presets and Test Results:   Presets and Test Results Breakouts Master   is a fully functional automated system that uses a time-tested strategy for breaking out of important price levels, adapted to modern conditions. This technique has appeared since the inception of financial markets and is still used by
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Waiting Night MT5
Marat Baiburin
4.82 (17)
Limited Offer -50%. The next price is $749. The final price of the adviser is $ 2000 Live signal: https://www.mql5.com/ru/users/bayburinmarat/seller Correct GMT setting: https://www.mql5.com/ru/blogs/post/743531 Waiting Night is a professional advisor with an innovative approach to night scalping. Price Action + author's indicator + unique position tracking make the adviser unique and flexible in customization: You can adapt the Expert Advisor to your preferences: adjust the risk levels or cust
349 USD
The Power of Unity
Pavel Malyshko
5 (4)
Limited time price 399 then price 499 and above! Monitoring   https://www.mql5.com/ru/signals/1431372?source=Site+Signals+My Real Signal   :  https://www.mql5.com/ru/signals/1628666?source=Site+Signals+My The system works in the evening, using the patterns of price behavior in a given trading period. To protect the deposit, the system has a floating take profit, which can be either positive or negative, which allows you to reduce losses. I recommend using it together with my other
399 USD
Gold Harmonic MT5
Renate Gerlinde Engelsberger
3.58 (43)
At the request of the people, 5 copies are sold at the previous price (1 people left) : Next price: $ 500 An expert based on harmonic patterns For gold in time frame 5 and 15 minutes With a large number of signals Has a TP and a SL Without the use of dangerous strategies such as martingales and hedges After purchasing this expert, send me a message to join the buyer group  Symbol  Gold  Timeframes  M5 , M15  Minimum  Deposit  Minimum tested capital: 250$   Brokers  Any broker  L
280 USD
Batman Midnight Hunter MT5
Evgenii Aksenov
4.92 (12)
Batman Midnight Hunter is a fully automatic smart night scalping system that has proven itself on real accounts. It doesn’t adjust the system to use history data (as most creators do), the EA is developed to use the existing market inefficiency. So it’s not a simple hit-and-miss system, it is a fully adapted smart system for night scalping, using real market mechanics to its advantage in order to make a profit. The EA uses fixed Stop Loss and Take Profit. The EA is workds with any broker and sup
299 USD
Great Breakthrough
Pavel Malyshko
5 (8)
Sale at the price of 299 then the price of 399 and above! Trade monitoring :   https://www.mql5.com/ru/signals/1456221 Real Signal   :  https://www.mql5.com/ru/signals/1628666?source=Site+Signals+My The system works in the evening, using the patterns of price behavior in a given trading period. Version on MT4   https://www.mql5.com/ru/market/product/82717 it may have differences from MT5. The tests in the strategy tester will be different for different brokers, this applies to
299 USD
Golden Future mt5
Liudmyla Bochkarova
5 (2)
Golden Future Expert Advisor includes a total of 5 different strategies. This is done with the sole purpose of being able to adapt to any type of market, whether in a trend or in a range.  Golden Future EA was created with the use of an extensive genetic algorithm study.  The EA showed stable results while maintaining a low drawdown, especially during market crashes        No dangerous money management techniques, no martingale, hard grid or scalp. Suitable for all broker conditions - not sensi
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EA Black Dragon MT5
Ramil Minniakhmetov
4.68 (74)
EA Black Dragon runs on the  Black Dragon  indicator. The EA opens a deal by indicator color, then there is the opportunity to increase the network of orders or work with stop loss. Works on accounts that support hedging. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus! Real operation monitoring as well as my other products can be found here:  https://www.mql5.com/en/users/mechanic/seller Inputs Value  ·            Open new series – True/False – EA will op
45 USD
Evening Scalper Pro MT5
Valeriia Mishchenko
4.9 (10)
EA has live track record s with   low drawdown : Live signal - Best Pairs Live signal - All Pairs Only 2 copies of the EA out of 10  left  at $899! Next price --> $1049 Evening Scalper Pro is the state-of-the-art mean-reversion trading system that operates during the American trading session. It's very different from most other scalping systems, since it uses a unique trading logic on cross pairs that have a strong mean-reverting tendency with high profit targets. EA enters the market with ma
899 USD
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. You can make back testing Advanced AI Scalper in MT5 with multicurrency supporting.  - LIVE SIGNAL: https://www.mql5.com/en/signals/1571991 Real operation monitoring as well as my other products can be found here:     https://www.mql5.com/en/users/tuanthang/seller You can find MT4 Version of this EA here:  h
399 USD
Luna MT5
Profalgo Limited
4.44 (9)
Launch promo: Only 1 copy left at 349$ Final Price: 999$ New: choose 1 EA as bonus! (limited to 2 trade accounts) LIVE RESULTS :  Best pairs -> h ttps://www.mql5.com/en/signals/1502590 Luna EA is a very effective night scalper and one of the best you can find on the market.  It was developed using years of experience in live trading with the mean-reverse strategy, and selected only the best pairs and techniques to be included in this EA. Since the EA is build upon existing technology that was
349 USD
Recurse AI MT5
Denis Iliasov
4.75 (4)
RecurseAI MT5       fully automatic system based on an ensemble of artificial neural networks. The training logic was based on a recursive strategy - the movements on the older time charts depend on the younger charts and vice versa. A distinctive feature of the system         RecurseAI MT5       is to close transactions at the most optimal point without holding them for a long time and safely collect profit from the current market, preventing transactions from going into a long and large drawdo
199.99 USD
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Phantom
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Serpent
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Alligator Pro
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Forex Bot
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The Expert Advisor does not use any indicators. It has a virtual trailing stop function and designed for 4-5-digit quotes. The EA opens deals in Market Execution mode. Take Profit and Stop Loss are placed after order execution and modified in accordance with the EA settings. Parameters TimeFrame – timeframe for defining the largest bar's Close price within n time period; StartBar – bar, from which the search for the largest bar starts; FinishBar – bar, at which the search for the largest bar is
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Front Running
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WooHoo
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The entry signals are based on steady price movement for a certain distance within a specified time interval. VSP is required for flawless operation, the recommended minimum deposit is 1000 units of the base currency. The EA is to be used on highly liquid currency pairs with a small spread/commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP and EURCHF). Features Customizable pyramiding, hedging and order grid functions; Position tracking can be one of
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This multicurrency Expert Advisor uses an advanced adaptive trading strategy based on a position averaging. Stop loss can be calculated in currency or by drawdown in % of the balance. I recommend that you withdraw your profit regularly! The product is designed for 4 and 5-digit quotes. VPS server is recommended. Timeframes: M30-H4. Recommended minimum deposit – 1 000 units of the base currency. Setup The EA is launched on several low spread symbols simultaneously (for example, EURUSD, GBPUSD, AU
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MA Channel Pro
Vladimir Gribachev
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Trade System
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This is an adaptive grid Expert Advisor that applies Fractals and Fibo levels and is based on the price behavior. An Average weighted stop loss can be used to limit losses. Average volatility, speed and direction are also applied by the strategy. The Expert Advisor is designed for maximum effective real trading in today's market conditions. It does not require special conditions, does not depend on the trading account type, the broker, or the financial instrument. It works well with small and la
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News Auto Trading
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This is a news Expert Advisor trading by the economic calendar. It features the following working modes: Manual – trader sets the news time on its own Automatic – the EA takes the news release time and its importance from the news website Several modes of customizable parameters allow the EA to conveniently adjust the EA to your trading strategy. The trading robot automatically determines the time zone, the news importance, the currency affected by the news release, displaying the news on a char
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Butterfly Platinum
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This Expert Advisor is designed for effective investment management and medium-term trading. Unlike the usual version of Butterfly , it starts working when the minimum required number of High/Low bars are within the specified price range. The strategy is based on the assumption that the market bounces in the opposite direction several times before the big bids are satisfied. Do not use martingale, grid and other high-risk trading strategies similar to overstaying drawdown by keeping unprofitable
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Snop
Vladimir Gribachev
The Expert Advisor strategy is based on the moving average channel breakthrough. VSP is required for flawless operation, the recommended minimum deposit is 1000 units of the base currency. The EA is to be used on M5-H1 of highly liquid currency pairs with a small spread/commission (for example, EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, NZDUSD, EURJPY, EURGBP and EURCHF). Features The EA features a predictive algorithm based on price patterns, as well as stop loss and take profit levels; Cu
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Super Trader EA
Vladimir Gribachev
Fully automated adviser using an advanced grid algorithm and a function to protect against increased volatility during news releases. The Advisor looks for anticipated levels of reversal / continuation in a narrow price range (the proposed new level of support / resistance) based on previous movements. Applies invisible for the broker dynamic levels of setting new orders, stop-loss, take-profit and trailing stop. If you set MagicNumber = 0, then the expert can be used in semi-automatic trading
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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!

Reply to review
Version 1.6 2022.03.04
update for new build
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