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Trading King Extended

Extended version of Trading King MT 4 Expert Advisor. Indicators used: ATR, RSI, Stochastic, CCI, WPR, DeMarker, RVI. Each indicator can be used optionally on / off. MT5 version is available here

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 4
metaangel
197
metaangel 2020.10.02 21:21 
 

Very nice EA, thank you!

Uwe Peters
1562
Uwe Peters 2019.05.01 22:06 
 

Good EA and very helpful developer. Recommended!

CESAR RODRIGUEZ
107
CESAR RODRIGUEZ 2019.03.18 07:09 
 

Excellent AE. Great job Vlad!!

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Tickmill DE30 Dax30
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The expert advisor Tickmill DE30 was developed exclusively for the DAX 30 index and can only be used at the tickmill broker in the DE30 index in the M30 time period, the automated strategy contains a complex trading system that does not use any form of risky trading, does not use grid, does not use martingale and any form of dangerous trading, being used a powerful capital management with Stop Loss, Trailing stop and leverage balance, the system has been developed for 3 years and only now we hav
3 000 USD
Hunter nighty
Keyvan Naserian
This is an automatic Expert Advisor designed for scalping during the period of low market volatility( in night ) . The EA uses an advanced algorithm to find the entry points, as well as several additional filters for entering and exiting the market. The Ea does not require optimization or any additional configuration. MaxSpread - Maximum allowable spread for opening a position MaxSlippage - Slippage HourStart - Trading start time (calculated by the terminal time) HourEnd - Trading end time (calc
1 250 USD
Breakthrough Strategy
Konstantin Kulikov
This system was developed to work with a large number of sets and after a certain time showed itself well when working at the close of trading on Friday. As a result, this direction of trading has become the main one for working with this expert. There are 25 current sets for different currency pairs, as well as a profile for quick setup   (download in comment #96 ). You can analyze the statistics of the work of an expert for different currency pairs at my signal:  https://www.mql5.com/en/signal
280 USD
Aura Gold EA
Stanislav Tomilov
Limited number of copies will be sold on MQL5 market.   Price: $799 only 1 copy left at this price Next 10 copies for $899, and final 10 at $999. Later the price will increase drastically just to keep the actual users up-to-date and save exclusivity of EA. Live signal#1   https://www.mql5.com/ru/signals/837273 Live signal#2   https://www.mql5.com/ru/signals/836017 Aura Gold EA  is a fully automated EA designed to trade GOLD only. It is based on machine learning cluster analysis and genetic al
799 USD
EA Gold Stuff
Vasiliy Strukov
EA Gold Stuff is an Expert Advisor designed specifically for trading gold. The operation is based on opening orders using the Gold Stuff indicator, thus the EA works according to the "Trend Follow" strategy, which means following the trend. Real-time results can be viewed  here . Telegram group  here  telegram channel  here  SETTINGS Open new series -  on / off beginning of a new series of orders. Start lots -  start lot. Trade Buy -  allow the adviser to buy. Trade Sell -  allow the adviser to
149 USD
EA Antivirus
Vasiliy Strukov
I am glad to welcome you on the page of my product - I am its author Vasily Strukov. EA Antivirus is a conceptually new automated trading advisor using a scalping strategy. The trading system is multicurrency and is able to trade on  many pairs - recommend  settings at №109 comment   The trading system is suitable for both experienced traders and beginners. EA Antivirus uses  pending orders on the broker's server, which initially reduces the risk through delays and slippage. EA need bro
199 USD
EA Dream Catcher
Vitali Vasilenka
  EA Dream Catcher - is a professional automated mid-term expert. Telegram   g roup here   telegram   channel here To select the optimal entry points, the adaptive price movement analysis module is used. Each transaction is accompanied by take profit and top loss; a system is also introduced without loss at a specified distance from opening a transaction. All open transactions are accompanied by an advanced management algorithm, which is based on a two-stage trailing stop and a multi-step
99 USD
Red Hawk EA
Wim Schrynemakers
!! RED HAWK - LAUNCH PROMO !! ONLY 2/10 COPIES AVAILABLE AT 99$ NEXT PRICE -> 149$ Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. My recommended broker for this strategy :  https://www.icmarkets.com/?camp=48
99 USD
GerFX Momentum Capture EA
Exler Consulting GmbH
Before you buy this EA, please be aware that: 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 do not give a realistic prediction of future profitability. The EA tries to detect the start of a new trend after bank events and speeches. It has multi-currency and multi-timeframe capabilities. After detecting strong price action and momentum, it wi
600 USD
Dark Scalper
Sau Nok Leung
LAUNCH PROMO: ONLY 4 COPIES OUT OF 5 LEFT AT $259! Next price:        $319 Price will be kept high to limit number of users for this strategy Latest Setfiles   |   Backtest Report  | QA Portfolio Report  | Demo Signal  |  Live Signal Dark scalper is a night scalping expert advisor to trade in the quiet hours of the day. Unlike other night scalping expert advisors, dark scalper can passed at least 5 years of backtest with the tick data from Tick Data Suite (TDS) which offers the real spread and
259 USD
CheckPoint
Vasiliy Strukov
⭐⭐⭐⭐⭐ I am glad to welcome you on the page of my product - I am its author Vasily Strukov.⭐⭐⭐⭐⭐ Midnight is the closing time of the daily candle; it is the time of equilibrium between sellers and buyers. It was at this time that the adviser opens two orders in opposite directions. It is also possible to open the user at a specified time, or trade non-stop in the "enter right now" mode. Real-time results can be viewed  here . Manual for EA at comment  #21 Set files at comment #52 Telegram group 
45 USD
Filter:
metaangel
197
metaangel 2020.10.02 21:21 
 

Very nice EA, thank you!

Uwe Peters
1562
Uwe Peters 2019.05.01 22:06 
 

Good EA and very helpful developer. Recommended!

CESAR RODRIGUEZ
107
CESAR RODRIGUEZ 2019.03.18 07:09 
 

Excellent AE. Great job Vlad!!

sulaquesta
130
sulaquesta 2019.02.24 19:52 
 

Great support and great trades within the first week. Recommend it very much.

Reply to review
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