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Trading King Lite

Free version of the adviser Trader King . The strategy is based on assessing the strength of the trend and finding the points of correction / reversal. Martingale, the grid is not used. Applies levels of stop-loss, take-profit and breakeven that are invisible to the broker. The indicator displays the graph. Meets FIFO rules.

Options: 

  • TIMEFRAME - working timeframe;
  • NUMBER_BARS - the number of bars to determine oversold / overbought;
  • OVERBOUGHT_PCT - overbought percentage for opening a SELL order;
  • OVERSOLD_PCT - oversold percentage for opening a BUY order;
  • START_HOUR - trading start hour, for the first order;
  • END_HOUR - trading end hour;
  • MAGIC_NUMBER - magic number;
  • MAX_SLIPPAGE - maximum slippage;
  • MAX_SPREAD - maximum spread;
  • FIX_START_LOT   - fixed starting lot for each N amount of balance (FROM_BALANCE);
  • FROM_BALANCE   - N amount of balance to calculate the starting lot (FIX_START_LOT);
  • STOPLOSS - stop loss in pips;
  • TAKEPROFIT - take profit in pips;
  • START_BREAKEVEN - the number of orders in one direction to enable the breakeven close function;
Reviews 25
Vitoria Saddi
409
Vitoria Saddi 2019.09.02 20:07 
 

This is the best free EA i have ever tested. I am running it on a real account, it works great. I also got the paid version (trading king). The paid version is also very good. However, in my opinion, the free one is best because it trades more often and I need to make money with rebate, so i get the best of both words: low drawdowns and lots of trades. Great job!

Stavros Stavrou
234
Stavros Stavrou 2019.04.17 17:06 
 

great ea !! is there a paid version for MT4?

rabiosanchez
77
rabiosanchez 2019.03.23 11:10 
 

Highly profitable

Filter:
Andrei Toader Micu
604
Andrei Toader Micu 2020.07.04 21:21 
 

Fails in 2020

darius19801408
56
darius19801408 2020.06.20 23:52 
 

User didn't leave any comment to the rating

rodrism
142
rodrism 2020.06.09 13:36 
 

Not recommended, if the market moves against you the drawdown increases a lot to the extreme of maybe loss all your money

SweetLindsey
126
SweetLindsey 2019.12.27 16:02 
 

dd to high...super risky!

Vitoria Saddi
409
Vitoria Saddi 2019.09.02 20:07 
 

This is the best free EA i have ever tested. I am running it on a real account, it works great. I also got the paid version (trading king). The paid version is also very good. However, in my opinion, the free one is best because it trades more often and I need to make money with rebate, so i get the best of both words: low drawdowns and lots of trades. Great job!

Mohamed Soufiane Bengoudifa
578
Mohamed Soufiane Bengoudifa 2019.06.12 22:30 
 

Très rentable jusqu'à ce qu'il fasse une perte énorme

Stavros Stavrou
234
Stavros Stavrou 2019.04.17 17:06 
 

great ea !! is there a paid version for MT4?

Aydin
170
Aydin 2019.03.31 12:58 
 

Highly profitable until it made a huge loss (-40%). Fortunately still on Demo.

rabiosanchez
77
rabiosanchez 2019.03.23 11:10 
 

Highly profitable

Lev Lunin
129
Lev Lunin 2019.03.20 11:42   

User didn't leave any comment to the rating

Aleksej Kravcenko
1887
Aleksej Kravcenko 2019.03.14 20:48 
 

Good EA!

Marcel Pfeiffer
237
Marcel Pfeiffer 2019.02.24 09:24 
 

I still testing but in backtest for 2018 looks great

claram70
14
claram70 2019.02.22 19:00 
 

User didn't leave any comment to the rating

Quang Mai Van
1153
Quang Mai Van 2019.02.21 10:33 
 

User didn't leave any comment to the rating

Brunno Barbosa
942
Brunno Barbosa 2019.02.20 17:29 
 

Very good for GBPUSD.

rodrigonrlins
34
rodrigonrlins 2019.02.20 11:22 
 

User didn't leave any comment to the rating

Jean Carlo
938
Jean Carlo 2019.02.19 23:15 
 

User didn't leave any comment to the rating

lins_thais
751
lins_thais 2019.02.19 15:53 
 

The Best Free EA, i have found! Works Great at GBPUSD.

And Also Wladimir is very professional and answer all the questions.

Valter Oliveira
2054
Valter Oliveira 2019.01.25 15:02 
 

The EA opens new deals to recover open losing positions by making an average price strategy. Therefore, SL is set to a relatively high value.

It can be profitable, but you have to accept the risk involved in this type of strategy.

Petr Prohorow
887
Petr Prohorow 2019.01.15 13:56 
 

Прекрасный советник.Ставлю на реальный счёт.

Johanes Hermanto
156
Johanes Hermanto 2019.01.12 17:40 
 

Hi Vladimir, BT looks good! Thank you for providing this EA for free.

I notice that this EA does hedging. Unfortunately, US brokers are not allowed hedging. Can you make an option to disable hedging, please?

Meanwhile, the FIFO works great! Thanks.

PS. As Giordan says, it would be good if we can set a max number of orders.

ZERO9898
1323
ZERO9898 2019.01.07 14:29 
 

I just try on demo accounts for few different symbols, all with profits! Interesting!

But the trades opened in different brokers' MT4, are very different, need times to figure out!

Victor Manuel Valderrama Zamora
4191
Victor Manuel Valderrama Zamora 2018.12.14 18:03 
 

A little bit dangerous but with a good MM you can be in profit

Francisco Guerra
566
Francisco Guerra 2018.12.13 18:39 
 

Super Profitable.

Giordan Costa
695
Giordan Costa 2018.12.09 14:43 
 

Profitable and dangerous ea at same time.Recommendations 0.01 lot for 1000 balance for safer trading.

For now 4 stars for the good results in the BTest and Free EA 5 stars if add option to select a max number of order.

Thanks Vladimir

Version 1.1 2019.03.14
Добавил параметр MAX_ORDERS - максимальное количество ордеров в одном направлении