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The King Advisor MT5

7 purchases per month

499 USD

Demo downloaded: 889

Published: 27 June 2024

Current version: 8.0

The King Advisor MT5

Name: The King Advisor MT5
Price: 499.00 USD
Rating: 4.5471697 (53 reviews)
Author: Guillem Boix Martin

4.55

Experts
Guillem Boix Martin
Version: 8.0
Updated: 23 October 2024
Activations: 10

The King Advisor is a highly advanced neural network algorithm. Its strategy is based on the identification of support levels, resistance and trend lines through a sophisticated self-learning system and a trading system devised with years of experience and work. Developed by a team of experienced traders.

PLEASE NOTE THAT THERE WILL BE A LIMIT OF 200 EXEMPLARS --> Total copies sold updated: 195

We have a promotion offering our next EA. Please contact us after purchase to receive it. This is a limited-time offer.

The King Advisor is capable of execution control. Before making a trade, the robot evaluates the liquidity absorption for the trading pair, minimizing slippage and ensuring that trades are made in the best conditions. The King Advisor has very good risk management, thus controlling orders. This expert advisor has proven its ability to adapt to different market scenarios having undergone rigorous testing in the worst market conditions. In addition, the expert has been optimized and tested over a period of more than 20 years with a modeling quality of 99.9% using data from Dukascopy.

A detailed review of The King Advisor.

Configuration & Guide

FAQ

CONFIGURATION

Symbol	EURUSD
Time period	H1
Recommended leverage	1:30 or more
Minimum balance	$100
Possibility to work with other experts	Yes

ABOUT THE PRODUCT

Once you have purchased the product send us a message, we will send you the manual.
In accordance with mql5.com standards, our team is continuously working on the implementation of new features and capabilities in order to keep the algorithm up to date.
Once you have purchased the product send me a private message directly. All our users will receive a specialized and personalized treatment. We will also help you if you have never used an EA before. In addition, you will have the right to join our community.

more...

kyuniz 2024.10.05 08:54 #

It seems to have stable performance when backtested

stalker755 2024.10.02 16:08 #

Отличный советник. В нем есть различные настройки для контроля рисков. Недавно установил его на реальный счет, с настройками под минимальные риски, но результат уже очень радует. Спасибо большое разработчикам. Добавлю только, что хотелось бы, чтоб были настройки и для других популярных инструментов. Всем профитов!!!

1115

Avinash Reddy Kummetha 2024.10.01 23:33 #

Best EA I have used or using in the market. Less DD and accurate trades, Closes trades mostly in day. No Martingale, safe advisor.

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The King Advisor is a highly advanced neural network algorithm. Its strategy is based on the identification of support levels, resistance and trend lines through a sophisticated self-learning system and a trading system devised with years of experience and work. Developed by a team of experienced traders. PLEASE NOTE THAT THERE WILL BE A LIMIT OF 200 EXEMPLARS --> Total copies sold updated: 195 We have a promotion offering our next EA. Please contact us after purchase to receive it

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FREE

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Hako11 2024.10.25 20:55 #

The seller, Guillem Boix Martin, promised me another EA as a bonus if I wrote a review. Here comes the review: So far I am disappointed with the King Advisor. At first he did not open any positions. Then finally. Since the EURUSD fell, the King Advisor has constantly bought more, only to close all positions at a loss. So I made a big loss. Now there is an update. I asked Guillem Boix Martin a question about the new features, but haven't received an answer yet. The King Advisor is not opening any positions again. So far I've paid $600 for the EA for nothing. I wonder how the good result in the backtest came about. Now I would like an answer and the extra EA that was promised to me. I will update my review. So far I can only give each one a star.

16940

Reply from developer Guillem Boix Martin 2024.10.27 12:54 #

We are very sorry to hear that you have had a negative experience with King Advisor. We understand your frustration with the lack of open positions and the losses you experienced. However, we would like to point out that we did not receive any communication from you about these issues prior to your review. We appreciate your feedback and are here to help.

3903

Evren Caglar 2024.10.16 10:29 #

I have been using this EA for 2 months. Unfortunately, the EA is 'history reader'. 5 years backtests with 99.9% ducascopy data was showing max $119 risk. Now, it is above x2 times of it. Basically, this is clear indication of over optimization and curve fitting approach.

It is a pity that MQL5 still support brokers and put this and many other history reader EAs to the top page.

Almost all the times during these 2 months, the position management was quite good and it really made me think this developer did something really different.

But it was badly failed in this last cycle and it reveal the curve fitting approach. Any good EA with a 'good' neural network algorithms would actually could not create x2 times DD of the last 5 years with 99.9% ducascopy + darwinex + data suite simulations.

I also add, we asked some questions about this overfitting issues to the author but he averted to answer, instead of facing the issue.

Update on OCT 14: Now x6 times of the DD that of the max of the last 5years.

Update on OCT 13: Now x8 times of the DD that of the max of the last 5years.

Update on OCT 21 = Very helpful answer from the developer. Supposedly he would help me with the rubbish positioning of his 'history reading EA.'

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Reply from developer Guillem Boix Martin 2024.10.20 11:39 #

We are very sorry to hear about your negative experience with the EA. We did not receive any prior notification of your concerns, had we known, we would have done our best to help you.

kyuniz 2024.10.05 08:54 #

It seems to have stable performance when backtested

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Reply from developer Guillem Boix Martin 2024.10.08 23:31 #

Thank you for your feedback! We're glad to hear that you found the performance stable during backtesting. If you have any specific insights or questions about your experience, feel free to share!

stalker755 2024.10.02 16:08 #

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Reply from developer Guillem Boix Martin 2024.10.02 23:45 #

Спасибо большое за отзыв! Мы рады, что вы довольны работой советника и его возможностями по управлению рисками. Здорово слышать, что даже при минимальных рисках результаты уже радуют! Ваше пожелание о добавлении настроек для других популярных инструментов обязательно примем к сведению. Мы всегда работаем над улучшениями, чтобы сделать продукт еще более универсальным. Желаем вам дальнейших успехов и стабильных профитов!

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Avinash Reddy Kummetha 2024.10.01 23:33 #

Best EA I have used or using in the market. Less DD and accurate trades, Closes trades mostly in day. No Martingale, safe advisor.

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Reply from developer Guillem Boix Martin 2024.10.02 23:45 #

Thank you for your review! We are very happy to hear that you are satisfied with the EA and that you have noticed its accuracy and low drawdown. We strive to provide a safe expert advisor, without high-risk strategies like Martingale, and it's great to hear that it's working well for you. We will continue to work to maintain and improve its performance - your feedback is very valuable!

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David 2024.09.30 11:26 #

The best EA on MQL5!!! The back tests are amazing and the live results are the same. Really excited to see the potential of this EA going forward. This is certainly a game changer. Would give it more stars if I could.

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Reply from developer Guillem Boix Martin 2024.09.30 22:46 #

Thank you so much for your enthusiastic review! We're thrilled that you're enjoying the EA and that both the backtests and live results are exceeding your expectations. We're just as excited as you are about its potential moving forward. Your support means a lot to us!

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Bi Zhou 2024.09.29 17:57 #

this NN EA is best so far! back test mach real market performance!

After use for over 2 month, and with comments update below:

1/ if you use magic close = false, the you may probably blow your account with 10% risk, or huge loss with 2% risk

2/ if you use magic close = ture, the you will get a scalper EA, it will never reach expected profit percent

since last update, EA seems not very confident with its trading, EA will close order ASAP there is a litter profit if magic close = ture, I use demo account with 6000 USD, and risk 10%, EA only get 10-30 USD per trade

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Reply from developer Guillem Boix Martin 2024.09.30 22:46 #

Thank you for your feedback! We're thrilled to hear that you're finding this EA to be the best so far.

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Yan Jie Guo 2024.09.28 06:23 #

Huge dd and a lot of Open positions,After a month of use I revised my comments.

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Reply from developer Guillem Boix Martin 2024.09.30 22:45 #

Thank you for your review! We're glad you're enjoying the EA. Patience and risk control are indeed key to long-term success. Keep up the good work!

DStohl 2024.09.26 18:00 #

Backtests match live performance. Highly Recommend

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Reply from developer Guillem Boix Martin 2024.09.27 22:12 #

Thank you for sharing your experience. If you have any comments or questions in the future, we are here to help, we appreciate your trust!

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kingzley2012 2024.09.25 05:02 #

I have closely backtested each and everyday & compared it to live testing , the backtest matches the live test thats a plus. So far, the ea has been consistent with the entries. Performance has been good, i have no complaints.

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Reply from developer Guillem Boix Martin 2024.09.27 22:11 #

Thank you for your detailed review. If at any time you have any questions or suggestions, please don't hesitate to contact us, thank you for trusting our EA!

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Takeshi Shibuki 2024.09.23 02:34 #

The backtest results seem to match the results of actual trading. It's working well so far. Thanks for developing a great EA.

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Reply from developer Guillem Boix Martin 2024.09.24 21:43 #

Thank you for your comments! Success in your trading and thank you for trusting in our development!

S-RE 2024.09.21 22:47 #

It's an awesome product and the seller Guillem gave me 6 star plus customer support and precious advises. I really can recommend the product and also the seller's professional customer support! Thank you Guillem

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Reply from developer Guillem Boix Martin 2024.09.24 21:42 #

Thank you so much for your very positive review! We take pride in providing quality support and are delighted to see that it was helpful - thank you for your recommendation and for trusting us!

Davin China 2024.09.20 13:12 #

Have been using the EA for awhile already and everything seem good

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Reply from developer Guillem Boix Martin 2024.09.20 13:15 #

Great that everything is going well with the EA after using it for a while. Good to know it's working as you expected. Regards!

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Chun Kin Kan 2024.09.19 09:09 #

I made money on the first day I used this EA and opened 2 orders. I will observe and share the results with you later.

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Reply from developer Guillem Boix Martin 2024.09.20 13:14 #

Good thing you had success with the EA from day one! We'll be watching for the results you share after your observations.

Qoheleth 2024.09.17 14:42 #

I bought this EA because, like everyone else, the backtests I did were impressive. I have been testing it on a demo account for more than a month now (only EURUSD H1 as recommended). I have seen it employing both short-term and more medium-term trades. At some point, I thought it was just going to hang on to a number of open trades, some of them in the red at that stage, but a few days later it closed everyone one of them in profit. For the past week or so, I have been using it on a small real account, where it has achieved a profit factor of just under 2 so far. I am impressed, and have high hopes for this EA. It is also easy to use, and easy to adjust the risk if you want to. The developer offers excellent support and quickly responds with real answers to my questions.

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Reply from developer Guillem Boix Martin 2024.09.18 09:57 #

Thanks for sharing! I'm glad to hear that the EA is giving you good results, both in demo and real, and that it's easy to use. It's great to hear that the support is good. Regards!

hheath3 2024.09.16 04:59 #

The King Advisor does do well in back testing. It also seems to be doing well in live trading as well. I've been trading with it for a short period of time, and it has produced positive results. Not that it's needed, but I look forward to any future improvements.

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Reply from developer Guillem Boix Martin 2024.09.16 13:12 #

Благодарим вас за отзыв! Мы рады слышать, что советник The King показал хорошие результаты как в бэктестинге, так и в реальной торговле. Приятно знать, что вы уже видите положительные результаты за короткий период времени. Приятно слышать, что советник оправдывает ваши ожидания, но мы постоянно работаем над улучшениями, и надеемся, что они еще больше улучшат ваш торговый опыт!

maksimeoao 2024.09.15 05:22 #

Создатель этого советника гений. Тестировал 2 недели всё просто супер.

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Reply from developer Guillem Boix Martin 2024.09.16 13:12 #

Спасибо за отзыв! Мы рады, что вы остались довольны результатами тестирования советника. Ваши слова мотивируют нас продолжать совершенствовать наши продукты!

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Aadel Lahdili 2024.09.12 00:55 #

The results in demo are incredible. I’m proceeding to test it in real conditions.

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Reply from developer Guillem Boix Martin 2024.09.12 10:12 #

Thank you for your feedback! We are very happy to hear that the demo results have been so positive. We look forward to hearing how your test goes under real conditions - good luck and don't hesitate to contact us if you need anything!

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Mr Georgi Grozdev 2024.09.11 11:09 #

I tested this robot and I am very satisfied with the result, which is why I bought it. It has been running on a demo account with default settings for 3 days now, and there are 3 trades in profit. Each order has a stop loss, and there is no Martingale. It does have a grid, which I prefer. The author responds very quickly to questions. I recommend this robot.

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Reply from developer Guillem Boix Martin 2024.09.12 10:12 #

Thank you for your very detailed review! We are very happy to hear that you are satisfied with the robot's performance and that you have had positive results. We appreciate your comment about the author's quick response and the robot's performance according to your preferences. Your recommendation means a lot to us, thank you for trusting our product!

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Paul Eric Ceniza Pingkian 2024.09.10 04:45 #

Backtest was pretty impressive. So far so good with live trades. Quick response for any inquiries from the seller as well. Highly recommended!

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Reply from developer Guillem Boix Martin 2024.09.10 22:46 #

Glad to hear that you are satisfied and highly recommend the product - I hope the performance continues to be good for you!

1 2 3

Version 8.0 2024.10.23

Now you can change whether the advisor can buy or sell.

Version 7.0 2024.10.13

This new change allows the EA to better identify opportunities and minimize the impact of adverse movements in volatile or uncertain market environments.

Version 6.0 2024.09.24

Performance improvement: Optimization of the execution of the strategies so that the robot processes data more efficiently.

Error (bug) correction: Error in the operation of the robot.

Adaptation to market or strategy changes: Adjustment of the strategy to operate efficiently in new conditions.

Version 5.0 2024.08.30

Compatibility has been improved in some brokers.

Version 4.0 2024.08.18

We have implemented the following improvements:

- Resolved the issue with the “Magic Number”, allowing compatibility with other advisors.
- Optimized and improved the code to improve its overall efficiency.
- Expanded the functionality to operate on more accounts.

Version 3.0 2024.08.04

- New entry parameter: For those who wish to trade with a higher level of risk can now do so by disabling Magic Close.
- Visual bug fix: We have fixed a small visual bug. Version 3.0 now matches the original chart.

Version 2.0 2024.07.22

Improved and added some new functionality in the code.