Forex King Lite Robot

Free version of the adviser Trader King. The strategy is based on assessing the strength of the trend and finding the points of correction / reversal. Martingale, the grid is not used. Applies levels of stop-loss, take-profit and breakeven that are invisible to the broker. The indicator displays the graph. Meets FIFO rules.

Test results:

Forex King Lite Robot

  • Parameters:

    • TIMEFRAME – working timeframe;
    • NUMBER_BARS – the number of bars to determine oversold / overbought;
    • OVERBOUGHT_PCT – overbought percentage for opening a SELL order;
    • OVERSOLD_PCT – oversold percentage for opening a BUY order;
    • START_HOUR – trading start hour, for the first order;
    • END_HOUR – trading end hour;
    • MAGIC_NUMBER – magic number;
    • MAX_SLIPPAGE – maximum slippage;
    • MAX_SPREAD – maximum spread;
    • FIX_START_LOT   – fixed starting lot for each N amount of balance (FROM_BALANCE);
    • FROM_BALANCE   – N amount of balance to calculate the starting lot (FIX_START_LOT);
    • STOPLOSS – stop loss in pips;
    • TAKEPROFIT – take profit in pips;
    • START_BREAKEVEN – the number of orders in one direction to enable the breakeven close function;

Free Download

Forex King Lite Robot for MetaTrader 4

Installation

Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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