Trading libraries for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
Note: EA has been completely redesigned. New backtests are coming soon. Range breakout strategy added.
King Trader EA is based on candlestick formation and trading time. The strategy of King Trader EA is to create the range according to time and position accordingly. The positions that are in plus are accompanied by additional purchases and tight traillingstop! EA was tested in XAUUSD M15 in the strategy tester and defaulted to these symbols. Please suggest your ideas in discussion. I will implement this as quickly as possible.
This EA offers features:
Low, medium and high risk. Tralingstop and Tralling-Step (according to set points and spread). Closing the order (strategy, or by time), and much more.
Brocker with a min lot of 0.01!!!!
Recommended Timeframe M15 - H1
Test results:
Test results came from Brocker ICMarketsSC MT5 with a leverage of 500.
Recommend:
Timeframe: H1 or M15
Minimum lots: 0.01
Platform: MetaTrader 5
Minimum deposit: 1000
Leverage: 1:30 up to 1:1000
Type of account: Hedging, Zero, Micro, Standard, Premium or ECN
Pairs: XAUUSD and other possible
Customizable Settings:
General
- Magic number
- Commentar
- Slippage (points)
- Number of orders
- Deals of Day
Risk- and Moneymanagement
- Stoploss in points
- Takeprofit in points
- Max Spread? (points)
- Select Risk (Fixed, Low, Medium and High volume)
- Multiply volume?
- Close position after time?
- If position is in the negative, close after (minutes)?
Range lines
- Range height greater than SL x RR, do not trade
- Lines widht
- Line stil
- Lines high color
- Lines low color
Trading start and end (00:00) Filter
- Range start in hours
- Range start in minutes
- Range end in hours
- Range end in minutes
- Position close by time?
- Close position in hours
- Close position in minutes
Trailing stop
- Trailing stop (true/false)
- Trailing stop
- Trailing step
News Filter
- High News no trading?
- No trading minutes before and after high news
Trading days Filter
- Monday
- Tuesday
- Wednesday
- Thursday
- Friday
- Saturday
- Sunday
Panel Setting
Parameter:
- Start time (adjustable in each country!)
- Trailing stop is customizable!
- Negative positions are closed with a stop loss or by time!
- Positive orders are closed with a trailing stop or take profit.
- Entry strategy: Breakout strategy based on the world-renowned range breakout strategy!
- Follow-up purchases (market) are executed according to a secret strategy.
Note: Different results can be achieved in the strategy tester with other Brockers! I take no responsibility for this!
I hope you have fun with the EA and good trades!
