great ea !! is there a paid version for MT4?
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.
💼 Telegram chat for questions and discussion: https://t.me/forex4up_chat
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;



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

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

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!

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.

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.

The Best Free EA, i have found! Works Great at GBPUSD.
And Also Wladimir is very professional and answer all the questions.

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

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

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!

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