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KingWalk EA

1. General information and guide:

- KingWalk is a fully automatic Swingtrade Expert Advisor based on price


action and trend.
- All orders are protected by stop loss and open takeprofit followed the trend
strength.
- The EA strategy trades purely price action with no lagging indicators which
has a highly developed trading algorithm programmed that has passed through
extensive testing over many years.
- Best used with GOLD and is best used with reputable Low Spread ECN
Brokers.
Advantages
- Tight stop order, Each order is protected by Stop Loss;
- Low drawdown;
- Indicators are not used;
- No martingale, no grid, no arbitrage;
- Reward/Risk ratio is more than 2. One profit trade can cover serval loss trades.
- Importance: It is mid & long-term trading and not sensitive with any brokers.
So backtest is very realizable, it may be not very good some months in year,
but always profitable in long-term.
Requirements
- Platform: MT4;
- Leverage: 1:300-1:2000;
- ECN account with fast execution and low spreads;
- VPS hosting is recommended.

Settings
- Timeframe: M5;
- Symbol: XAUUSD/Gold only
- Recommended deposit and Max Buy/Sell orders:
Change number of orders based on your balance, high risk high return. I prefer
to change max orders to lot size.
Balance Max Buy/Sell orders Lot size

$500 1-3 orders 0.01

$1000 3-5 orders 0.01

$2000 5-30 orders 0.01

Sometimes we will change Max Buy orders/ Max Sell orders based on current
market situation to optimize profit.
Example: Max Buy orders = 5; Max Sell orders =1. I will inform you in
Discussion Telegram group.
- Other: No need to change anything.
Important Note:
- Download chart history of XAUUSD before setting up EA, it is needed to EA
worked correctly.
Tool => History Center => Find XAUUSD and Download.
- Use ICMarket for best results: http://icmarkets.com/?camp=54306
- Check EA work with broker or not: You should make a backtest to make sure
EA work with your broker. If backtest is ok, then EA will works with your
broker (For me: ICmarket, Tickmill are ok).
Strategy Tester => Choose KingWalk => Start
2. Contact:
- Discussion Telegram Group: https://t.me/KingWalkEA
- Author: https://t.me/phamduythanh

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