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LionKing

Lion King is an innovative Expert Advisor (EA) for trading, created with the idea that simplicity brings the best results. The latest version of this robot simplifies processes and enables easier usage while maintaining high efficiency and stability in trading. Lion King can be used for testing and trading on the EURUSD currency pair, in the H1 timeframe, making it ideal for those who prefer medium-term trading. The system offers a "Close on Friday" option, allowing users to close all open positions before the weekend, regardless of whether they are in profit or loss. This avoids exposing positions to potential changes during next week.

The default settings within the application are optimized for EURUSD on the H1 timeframe. Exit rules are based on independent ATR indicators, allowing for precise calculation of exit points. Additionally, Lion King has a built-in trailing stop option that automatically follows the position and secures profit, making the system safer and more flexible. The system supports all types of orders. Although Market orders are set by default, Limit orders can also be used with similar results, while Stop orders show slightly weaker performance. Additional adjustments are needed within the MetaTrader strategy tester if a currency pair other than EURUSD or a different timeframe than H1 is used.

One of the important functionalities of the Lion King robot is the ability to set a unique magic number, ensuring that positions are opened independently of other robots that may be used on the same platform. It is recommended that a VPS be used so that the robot can operate smoothly regardless of local internet access conditions. Lion King also has advanced options such as the maximum number of allowed orders during one trading day, which helps in risk control. The "Revers" option allows the reversal of positions, so buy orders become sell orders and vice versa. For pending orders, the robot has an option that helps unactivated orders to expire after a certain period, taking into account the duration of one bar (e.g., one hour for H1 or fifteen minutes for M15).

Another useful option is "Trade Mode," which allows users to choose whether they want the robot to trade only with buy or only with sell orders, or with both simultaneously. Lion King is designed to be a small, customized Expert Advisor that allows efficient trading and optimization, with a quick response to market changes. Everything else is automated, including the "Stop Level" option if the broker requires a specific level.

If you have additional questions about the Lion King robot or need support, feel free to send me a message.

The list of symbols you can trade with default settings is as follows:

  • H1: EURUSD
Basic info
  • Platform type: MT5 
  • Account type: Hedge
  • Check section  >> What's New <<
  • If you buy now, you reserve the right to own new upgraded versions of the robot, which will appear at specific time intervals continuously.  

Note:

Keep in mind that "Lion King" should be tested on a demo account, before any use.

Useful Links:

Installation Guide

Testing

      WARNING: I sell all my products only via MQL5 website. If you see it somewhere else, be aware of scam.



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      Version 1.11 2024.10.08
      new upgrade
      Version 1.10 2024.05.18
      reducing the number of signals
      inplementing Adam NN
      Version 1.9 2023.09.16
      fix lot sizing
      Version 1.8 2023.04.24
      new trade engine
      Version 1.7 2022.11.06
      new and updated version
      Version 1.6 2022.09.17
      General tidying up of the code and reducing the number of adjustable inputs. This is the most advanced version yet.
      Version 1.5 2022.09.15
      Correcting spelling mistake
      Version 1.4 2022.09.10
      Removing unnecessary string
      New Inputs in the signal logic
      Version 1.3 2022.08.22
      New Stuff:
      Trailing Stop
      Break-Even

      Removed:
      Time Days
      Version 1.2 2022.08.13
      Signal logic update
      Version 1.1 2022.08.10
      New things that have been integrated into version 1.1
      input - Trade Mode (BUY, SELL, BUY & SELL)
      input - Draw Indicator (for testing purposes only)
      Now LionKing has 24 available strategies for Entry Rules
      input - entry / Total Strategy. You can choose between one and twenty-four strategy
      input - entry / Minimum Conditions. You can choose between one and twenty-four conditions involved in the design-making logic for signal generations
      input - exit/ Total Strategy. range 0 - 3. If you choose ZERO, that means EXIT signal rules are not active.
      input - exit/ Minimum Conditions. range 0-3. If you choose ZERO, that means EXIT conditions rules are not active.
      - Time Control / Days of Week
      Intraday time and time in the transitions to a new day.
      Seven days in the week