KING EXPERTS - CONFIGURATION & GUIDE
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KING EXPERTS - CONFIGURATION & GUIDE

27 junio 2024, 14:02
Guillem Boix Martin
Guillem Boix Martin
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  • Mail: kingexpertadvisor@gmail.com

  • If you have any questions, please do not hesitate to contact us. We will be happy to help you!

We have created a simple guide for those who have never used an expert advisor:

1.Log in to MQL5: Log in to the MQL5 platform using your login and password.



2. Drag the robot to the chart: Drag the robot to the chart of the "EURUSD" pair to start trading.



3.Check the box: Make sure to activate the algorithmic trading option by checking the corresponding box.


4. Click on "Algo Trading": Click on the button labeled in the image to enable automatic trading.


5. For MT4 users: If you have purchased the MT4 robot, go to Tools > Options > Expert Advisors. In the "Allow WebRequest for the following URLs" section, add the following addresses: (https://ec.forexprotools.com/) and (https://www.worldtimeserver.com/). This is necessary because MT5 has built-in news filters, while in MT4 they are accessed through external calls.


We have created a simple and very practical configuration for everyone:


>General settings<

  • Risk Model (Conservative/Normal): With the normal setting, trades are closed with a specific percentage of the account. With the conservative setting, trades are closed with an average of the trades.
  • Take Profit Percent: Percent profit to close operations.
  • Take Profit Points: Take Profit in points (default is not useful).
  • Stop Loss Points: Stop Loss in points (default is not useful).
  • Maximum Total Orders: Maximum total orders in the account.
  • Magic Close: Magical closing of operations (in defect true).

>Money settings<

  • Set fix lots or percent (Fixed Lot/Percent Lot): Calculation of the lottage in percent of the account or fixed lottage.
  • Lots or percent: Function for lot calculation.
  • To calculate the lots (Balance/Equity): Basis for calculating the lottage.

>News settings<

  • News filter: Filter for news.
  • Currency news (separated by comma): Currencies used for news filtering.
  • Filter the news (minutes): Time to filter the news.
  • Continue trading if an orderis already active: Continue to operate if there is a transaction already open.

>Others settings<

  • Magic Number: Number used to distinguish the expert advisor from the others.
  • Comment: Comment made by the robot when opening operations.
  • Allow Graphics: Enable or disable graphics.
  • Maximum Spread: Maximum Spread allowed.
  • Maximum Slippage: Maximum Slippage Allowed

  • Mail: kingexpertadvisor@gmail.com

  • If you have any questions, please do not hesitate to contact us. We will be happy to help you!

  • HAPPY TRADING, AND MAY YOUR SUCCESS BE AS LIMITLESS AS YOUR AMBITION!