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KingWalk is a fully automatic Swingtrade Expert Advisor based on price action and trend. It is such as an investment.
HURRY UP, ONLY FEW COPIES LEFT AT $ 299 !
After that, the price will be raised continuously!
All orders are protected by stop loss and open takeprofit followed the trend strength.
The EA strategy trades purely price action with no lagging indicators which has a highly developed trading algorithm programmed that has passed through extensive testing over many years.
Best used with GOLD and is best used with reputable Low Spread ECN Brokers.
Account Monitoring: https://www.mql5.com/en/signals/1039323
- Tight stop order, Each order is protected by Stop Loss;
- Low drawdown;
- Indicators are not used;
- No martingale, no grid, no arbitrage;
- Reward/Risk ratio is more than 2. One profit trade can cover serval loss trades.
- Importance: It is mid & long-term trading and NOT sensitive with any brokers. So backtest is very realizable, it may be not very good some months in year, but always profitable in long-term.
- So many EAs have fake backtest results, they look good but can not use in real. I don't do that, what you test is the same trading in real.
- Platform: MT4;
- Recommended deposit: $500 - Default setting
- ECN account with fast execution and low spreads;
- VPS hosting is recommended.
- Timeframe: M5;
- Symbol: XAUUSD only
- Max orders: Change number of orders based on your balance, high risk high return. I prefer to change max orders to lot size.
- For $500 - 0.01 lot: Better set less than 3 orders;
- For $1000 - 0.01 lot: 5 0rders
- For $2000 - 0.01 lot: 5-30 orders
- Other: No need to change anything.
Download Chart history of XAUUSD before install EA, it is needed to EA worked correctly. (Tool => History Center => Find XAUUSD and Download). Version 11 does not need any set file. Telegram group for any questions: https://t.me/KingWalkEA
- Add RSI setting: Not open buy/sell order when overbought/oversold;
- Improve Auto Takeprofit feature and Not use trailing anymore: Now EA can keep orders for the whole trend, normal trade can reach 300-1000pips.
- Change Breakeven point: 50pips
- Improve stoploss strategy 1: When we have profit 30pips, trailing function will be active, We may hit stoploss at break even sometimes, it is fine. There is so many chances to get profit, at least we don't lose much money.
- Improve stoploss strategy 2: Close positions sooner in some bad cases;
- Add takeprofit strategy: EA will automatically calculate and set take profit. No need trailing.
- Bring back visible stoploss.
- Added new strategy to have more safe orders;
- Improve stoploss
- Improve stoploss: Stoploss is bigger but profit in longterm is more stable