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The King EA

3.75


If you are looking for a Best Grid EA. DON'T MISS IT!


The King EA combine 2 Strategy, which strategy in all top Grid EA Include in The King EA.

With only 1 EA, you can change setting to use many Strategy you want to get good result.

SETTING #30 for EURUSD H4, GBPUSD/ GBPJPY M30/H1, Gold M1/M15


⚡ Recommend ECN broker with LOW SPREAD: IC Market , Exness, NordFX , FXPRIMUS , Alpari , FXTM

⚡ It good to combo with Buy Sell Signals  to follow Trend and Sellect Buy Only/Sell Only for EA work Semi-Automatic.


Strategy 1:

A professional Grid advisor works according to RSI ( Relative Strength Index ) indicators. And has the function of Reducing the Drawdown on the account by overlapping unprofitable orders. The chart displays information about the profit.


Strategy 2:

The utility for Semi-Automatic trading, order management, can also be used to restore losing positions on the account. Has the function of Reducing the Drawdown on the account by overlapping unprofitable orders. It can work with manual orders, orders opened from the panel or orders opened by another EA. It has a minimum of parameters, is easy to configure, and works with any number of orders. For testing, use the visual mode in the strategy tester.


OPTIONS:


MODE                     : BUY= 0, SELL = 1, BOTH = 2
STRATEGY                 : RSI = 1, PIPS = 2, STUFF = 3, MANUAL = 4
REVERSE                  : REVERSE BUY/SELL
NEW_CYCLE                : Open new cycle
USE_HEDGING              : HEDGING ON/OFF

//---
VOLUME                   : initial lot;
FROM_BALANCE             : Balance for initial lot
RISK_PER_TRADE           : % Risk for 1 trade
LOT_MULTIPLIER           : lot multiplier in the order grid;
MAX_LOT                  : maximum lot;

//---
STEP_ORDERS              : order grid step;
STEP_MULTIPLIER          : order step multiplication factor, if = -1 then it is not used;
MAX_STEP                 : maximum order grid step;
MAX_ORDERS               : maximum order

//---
OVERLAP_ORDERS           : from which order to enable the order overlap function;
OVERLAP_PIPS             : minimum profit in pips for closing unprofitable orders;

//---
STOPLOSS/TAKEPROFIT      : stop loss/take profit in pips, if = -1 is not used;

//---
BREAKEVEN_STOP/STEP      : level and step of breakeven, if = -1 is not used;

//---
TRAILING_STOP/STEP       : trailing stop level and step, if = -1 is not used;

//---
MAGIC_NUMBER             : magic order number
ORDERS_COMMENT           : "The King EA";

//---
START_TIME / END_TIME    : time at which it is allowed to open orders. if = "00:00", then not used;
CLOSE_ALL_ON_FRIDAY      : "00:00";

//---
STR1="STRATEGY RSI
RSI_PERIOD               : period for calculating the relative strength index;
UP_LEVEL                 : upper bound;
DN_LEVEL                 : lower bound;
RSI_TIMEFRAME            : timeframe for calculation;

- When you set RSI 70-30: over 70 sell - bellow 30 buy. And EA can switch change to over 70 buy - bellow 30 sell and vice versa when you use REVERSE BUY/SELL.

STR2="STRATEGY PIPS
DISTANCE                 : distance that the price must travel in N seconds;
TIMER_SEC               : timer in seconds after which the distance will be updated;

- EA turn on the timer, if in 15 seconds the ena has not passed 15 points, then all over again is a new starting point. If the price has passed 10 points in 15 seconds, then EA open a deal in the direction of the price movement. This is an impulse, a sharp jump in price.

STR3="STRATEGY STUFF
FASTER_PERIOD            : Faster Period Moving Average:
SLOWER_PERIOD           : Slower Period Moving Average;

- Buy when the Faster Period Moving Average crosses the Slower Period Moving Average from below. 

- Sell when the Faster Period Moving Average crosses the Slower Period Moving Average from above.

//---
EQUITY_TAKEPROFIT        : the function of closing all orders upon reaching the specified profit on the account. If = -1, then not used;
EQUITY_STOPLOSS          : the function of closing all orders upon reaching the specified loss on the account. If = -1, then not used;
RE_START                 : restart the EA after closing orders;


Note: You shoud demo and Cent account First. When you know how EA work and finding the DD you can accept then you will Live Account.

Reviews 13
predictcrude
338
predictcrude 2021.06.19 09:19 
 

Best expert if handled properly ..The coder is a genius as i read above need a proper manual to understand how the input works in live mkt conditions.. Great work team ...

j73wa
44
j73wa 2021.03.20 00:41 
 

This EA is worth 5 stars but I am giving it 4 because it lacks a comprehensive manual. I made back my money in 3 days. I am using the RSI strategy which works very well. I have figured out that it places counter-trend trades when the RSI meets the criteria set in the input settings. The two other strategies, I cannot figure out as there is no documentation. I really wish someone would take the time to write a manual for this EA.

herbieliang
44
herbieliang 2021.02.15 10:59 
 

How can I set a fixation lots, now the lots is automatic calculate with balance, I want the new positions always open at the lots which I set.

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Mohammadmahdi Sanei
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Elif Kaya
5 (1)
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Sairoong Kidtook
649
Sairoong Kidtook 2021.10.03 09:59 
 

User didn't leave any comment to the rating

NGUYEN NGHIEM DUY
34994
Reply from developer NGUYEN NGHIEM DUY 2021.11.17 01:46
Pls set the stoploss for any trading
Frederic Wauters
233
Frederic Wauters 2021.10.03 07:40 
 

After many hours of testing I really like the product, nevertheless I confirm the lack of explanation, the guy does not break his ass to make a clear and precise explanation, the hedge on what basis does it work? with what strategy? only with the risk? without the risk ?, the reverse how to understand in which case it is to be used? It is not the simple fact of copying the configuration with three words of explanation in the description which makes it possible to understand. I will not risk using it on a real account and playing at the casino ... I only put two stars for the reasons mentioned above.

predictcrude
338
predictcrude 2021.06.19 09:19 
 

Best expert if handled properly ..The coder is a genius as i read above need a proper manual to understand how the input works in live mkt conditions.. Great work team ...

NGUYEN NGHIEM DUY
34994
Reply from developer NGUYEN NGHIEM DUY 2021.10.03 09:16
Pls share yours setting for everyone
j73wa
44
j73wa 2021.03.20 00:41 
 

This EA is worth 5 stars but I am giving it 4 because it lacks a comprehensive manual. I made back my money in 3 days. I am using the RSI strategy which works very well. I have figured out that it places counter-trend trades when the RSI meets the criteria set in the input settings. The two other strategies, I cannot figure out as there is no documentation. I really wish someone would take the time to write a manual for this EA.

NGUYEN NGHIEM DUY
34994
Reply from developer NGUYEN NGHIEM DUY 2021.09.23 02:25
Pls read Strategy 2 & 3 at overviews
herbieliang
44
herbieliang 2021.02.15 10:59 
 

How can I set a fixation lots, now the lots is automatic calculate with balance, I want the new positions always open at the lots which I set.

NGUYEN NGHIEM DUY
34994
Reply from developer NGUYEN NGHIEM DUY 2021.10.03 10:10
LOT_MULTIPLIER = 1.0
It will fixed Lot, not increase lot
Alik
513
Alik 2020.12.26 13:07 
 

User didn't leave any comment to the rating

jdelgrande
168
jdelgrande 2020.12.08 13:32 
 

Hi Pail I bouht the ea and put in the chart and nothings happens. Anything to do??

NGUYEN NGHIEM DUY
34994
Reply from developer NGUYEN NGHIEM DUY 2021.02.15 12:39
Try GBPJPY M5 with defaul (change TP to 50), my clients using and working normal
Itnas
334
Itnas 2020.12.04 03:10 
 

User didn't leave any comment to the rating

Cezar Lazar
501
Cezar Lazar 2020.11.22 19:13 
 

User didn't leave any comment to the rating

NGUYEN NGHIEM DUY
34994
Reply from developer NGUYEN NGHIEM DUY 2021.02.15 12:39
Try GBPJPY M5 with defaul (change TP to 50), my clients using and working normal
Ahmed Sarıkaya
2724
Ahmed Sarıkaya 2020.11.16 19:13 
 

User didn't leave any comment to the rating

NGUYEN NGHIEM DUY
34994
Reply from developer NGUYEN NGHIEM DUY 2020.11.16 20:56
Try in Cent account. Have good trading!
Dr Waleed Mahdy
2434
Dr Waleed Mahdy 2020.11.16 12:09 
 

User didn't leave any comment to the rating

NGUYEN NGHIEM DUY
34994
Reply from developer NGUYEN NGHIEM DUY 2020.11.16 12:32
If you are looking for a Best Grid EA. DON'T MISS IT!
agnani123
493
agnani123 2020.11.15 16:21 
 

User didn't leave any comment to the rating

NGUYEN NGHIEM DUY
34994
Reply from developer NGUYEN NGHIEM DUY 2020.11.16 00:16
Have a good trading.
I hope every members can earn money, when them can earn money, im will happy....
BBQGOIN
246
BBQGOIN 2020.11.14 15:05 
 

User didn't leave any comment to the rating

Reply to review
Version 5.0 2022.03.06
Add CHECK_MODE_BAR: Open next order when open new Bar
Version 4.2 2021.10.01
Update defaul setting
Version 4.1 2021.05.14
Update comment
Version 4.0 2021.04.21
Zero Divide erro fixed
Version 3.5 2021.04.15
Bug fix some issue
Version 3.0 2021.04.07
Update default setting
Version 2.2 2021.03.20
Update default setting to RSI Strategy
Version 2.1 2020.12.10
Bug Fixed
Version 2.0 2020.12.08
Update Protect Equity Function
Version 1.16 2020.11.23
Update Lots Volume opening show to Panel
Version 1.15 2020.11.22
V1.15 update some Functions:

1. Add direct button to the panel:
- Only Buy/ All/ Only Sell: when you choose, that EA will work follow.
- Close Buy/ Close Sell: Close all Buy or Sell order.
- Buy/ Sell order Qty: Show Qty Buy/Sell order qty.

2. Add switch: REVERSE
REVERSE = false : It working Normal.
REVERSE = True: It will work REVERSE all Strategy (that mean if you choose True, EA will REVERSE Buy/Sell position).

Note: when you choose REVERSE = True, Strategy = RSI --> That EA work same V1.14
Version 1.14 2020.11.22
RSI Strategy Update
Version 1.13 2020.11.21
Improved version, higher profits for same risk level
Version 1.12 2020.11.18
Bug Fixed
Version 1.11 2020.11.14
1. Remove lock code popup: "Wrong MT4 account number"
2. Make some more Improvements
- Close orders on Friday - Enable/Switch Off
- Stoploss and Takeprofit based on total Equity, with restart function
- Hedging - Allow both to Sell and Buy
- Maximum number of orders - limited
- Add similar Stuff strategy as in the advisor. There are used 2 medium slides.
Version 1.10 2020.11.13
Update the function of reducing the drawdown on the account