Yes, both Kraitos v4.3 and Kraitos Elite use the same magic number enabling either software to take over the trades of the other. Due to the magic number being the same, the two versions of Kraitos should not be used on the same trading account.

What are the differences between Kratios and Kraitos Elite?

Kraitos Elite is an upgrade on many aspects of Kraitos. While Kraitos 4.3 continues to deliver 4+% a month, there were improvements that could be done. The initial and managing trades will be more accurate, a hedging feature has been added, the Quantum Zone has been improved and there is the option to have dynamic lot sizing for positions. Additionally, there is a new entry option and the software will anticipate breakouts with more accuracy.

What is hedging, and how does it help my trading?

Hedging secures initial direction trades with opposite direction trades in cases where the initial trades go into noticeable drawdown. This lowers the risk of getting into a high drawdown overall; it will also minimize losses when a stop loss is hit. It will also help increase profitability by closing opposite direction trades when they are in enough profit and, at the same time, initial direction trades are waiting for a reversal to happen. When the reversal happens, the initial trades will also close out in profit - effectively, Kraitos Elite is capable of winning with every market move.

Can I run Kraitos and Kraitos Elite on the same account?

No, they use the same magic number. This will cause confusion about which software will manage the trades and result in possible losses.

Can I run Kraitos Elite and Kraitos Elite on the same account?

Yes, but you need to keep in mind there is a risk of higher drawdown when using both products on the same account, therefore you should adjust the settings accordingly and decrease the lot size.

Why does Kraitos Elite keep falling off my chart or not stay on my chart?

It is most likely that you have either added a currency pair that is not allowed to be traded with the software or you have entered the currency pair not exactly as it is defined by your broker. To make sure it is entered as your broker requires, look at the currency pairs in the Market Watch window on MT5. Look for a suffix on the currency pair. Some brokers will express, EURUSD as an example, as EURUSD, EURUSD. (did you notice just a period at the end of the pair?), EURUSD.ecn, or some other suffix. This detail is necessary to add the currency pairs to the EA settings in the Instruments field.

How do I keep up to date with Kraitos Elite news and updates?

Make sure you join our Kraitos Elite group on Telegram to stay up to date with all the news and updates.

What kind of monetary returns can I expect?

It's impossible to state the exact returns a user will get with the software because market conditions vary. Users also wholly control the software settings, and the selections will affect trading results.

The amount of trading knowledge users have will also affect the win ratio because of a better quality trade notification being recognized.

How much time does this tool require weekly?

It’s recommended that users check their accounts throughout the day. It’s easy to do on almost any media device. Users should also join the free product support group to discover how other traders use the software and learn about market conditions that could indicate turning off the software to avoid severe market volatility. Ultimately, a few hours a week will suffice to manage trades with Kraitos.

Users in the United States must also approve trade notifications sent to their accounts. This will take a little time throughout the day. Before approving a trade idea, users can glance at market conditions.

What kind of trading skills are required?

The software is designed to operate with minimal involvement and can be used with any level of experience in trading. Auvoria Prime suggests users take time to learn how the software works and become familiar with the fundamentals of trading. The more users understand the more profitable their trading experience will be.

Can I use Kraitos Elite on a Prop Firm?

Auvoria Prime does not promote Prop Firms due to the experiences we have heard about how they are run. Auvoria Prime has no partnerships with any companies that offer Prop Firms and does not recommend Prop Firms unless someone is experienced and familiar with the Prop Firms’ rules.

If an Auvoria Prime member chooses to use software from Auvoria Prime, the company will not accept any responsibility for losses incurred on the Prop Firm. Please do your due diligence if you will use a Prop Firm and, as always, trade with only what you can afford to lose.

Is this software legal to use in trading?

Yes, all of the Auvoria Prime software is legal to use in trading. The MAV (Manual Alert Verification) feature is for users in countries that forbid the use of fully automated software. However, some users prefer to use the MAV feature to give them time to check a trade idea before the software enters the trade.

Which assets can the software be used with?

Kraitos Elite can assist trading in the forex market. The developers are constantly testing new strategies to help users succeed. This information is shared in the support groups and on the weekly insights call.

How much support do I get with the software?

Auvoria Prime believes in the importance of support and provides users with insight calls specific to their software. The Kraitos Elite Setup Course will help users set up and start using the software, and there's always the 24/7 Live Chat and ticketing service along with a robust Help Desk.

Is Kraitos Elite a “set and forget” forex trading software?

Kraitos Elite is a semi-automated forex trading software that utilizes an MT5 expert advisor. It trades based on user inputs, risk appetite, and trading style. It is not a "set and forget" software, and it is essential to monitor it occasionally.

Can I use Kraitos Elite if my broker does not allow hedging?

Yes, you can simply turn off the hedging feature. The software is still powerful but without the hedging, you will want to consider other risk management to avoid drawdown. This is done with the position size, max pairs to trade at one time, and other settings.

When was the Kraitos Elite expert advisor developed?

A team of experts developed the Kraitos Elite expert advisor over several years. The team has been developing expert advisors for the last five years, using extensive backtesting and trial and error. The software is constantly improving based on statistical probability and changing market conditions. The development date of the Kraitos Elite expert advisor is not specified, but it is the latest and most advanced result of the developer team's work, with the best performance to date.

How long has the Kraitos Elite strategy been tested on historical data?

The Kraitos Elitestrategy has been tested on historical data from 2000 to the present on 27 different forex pairs. The team always started backtesting in 2000 to ensure the strategy could survive various market conditions throughout history. The testing and development of the software are ongoing, and the team is continuously monitoring the results to improve the strategy's performance.

How long has Kraitos Elite been running on live accounts?

The very first version of Kraitos Elite was launched on October 23rd, 2019. Since then, 4-5 versions of the software have been released to ensure that the development team is constantly improving it. The software has been running on live accounts since its launch, and the development team has been using the feedback and results from these live accounts to improve the software.

What type of trading strategy does Kraitos Elite use?

Kraitos Elite uses a flexible trading strategy that can adapt to different market conditions. It can perform as both a scalper, making multiple trades quickly, or a swing trader, holding positions for extended periods. Additionally, it uses an elastic scaling method to get out of bad trades. The strategy depends on the management required for a specific trade on a currency pair.

Who is the Kraitos Elite strategy best suited for?

The Kraitos Elite strategy best suits individuals looking for a safe way to diversify their portfolio and avoid impossibly high returns promised by get-rich-quick schemes. It uses a "slow will grow, but fast won't last" method, which aims for steady and consistent profits over time with semi-automated trading software. It can be a lifesaver for those who want to invest in the forex market but need more time or expertise to do it manually.

What makes the Kraitos Elite expert advisor unique?

The Kraitos Elite expert advisor is unique for several reasons. Firstly, the developers who created it are passionate about the tool and use it to manage their finances. This means that they have a vested interest in creating a product that works well and is reliable. Secondly, it has undergone extensive backtesting, which ensures its performance and reliability. Lastly, it can adapt to changing market conditions instead of using a fixed set of algorithms that could eventually lead to an account loss. These features make the Kraitos Elite expert advisor stand out among other trading software.

How much time does Kraitos Elite take to manage every week?

The amount of time required to manage Kraitos Elite weekly varies depending on the user. Some users may add their management techniques to secure higher returns, which would require more time. For those who want to play it safe and accept lower returns, the management time required is minimal, likely at most 15 minutes per week. It's up to the user how much involvement they want to have. Some users prefer to be more hands-on and adjust settings, and others prefer to let the software do most of the work.

Which days of the week should Kraitos Elite be active?

Kraitos Elite should be active on all days of the week to be consistent with the backtest results when optimized for the best performance. The software has been running for 22 years and was never turned off during testing. Kraitos Elite is not designed to trade during news events, volatile market situations, or even higher-than-normal spreads; therefore, the user will most likely never have to turn it off. It's designed to be running all the time to capture maximum profit opportunities.

What is the minimum account size a person should have to use Kraitos Elite?

The minimum account size required to use Kraitos Elite depends on the individual's personal goals and time horizon. Kraitos Elite needs $1,000 to trade. Based on historical data and the account's average 5% monthly growth (past performance does not indicate future results), users should decide how much to start with to ensure they are comfortable with the 5% monthly growth. This should consider the cost of the software and, for larger traders, the cost of living if they use this tool as a primary source of income. It's recommended to have at least a few thousand dollars to start with, which would give room for the system to generate enough profit to cover the cost of the software and also have a good buffer.

Which currency pairs work best with Kraitos Elite?

Based on historical data, Kraitos Elite works best with specific currency pairs when trading one pair at a time. According to backtesting results, the best pairs were AUDCAD, GBPCAD, NZDCAD, USDCAD, GBPUSD, EURUSD, AUDUSD, and NZDUSD. However, it's important to note that the market conditions are constantly changing, and the best pair in the past may not be the best pair in the future. It's recommended to test the software on a demo account with different pairs to see which one works best for you.

Can Kraitos Elite run with multiple pairs?

Yes, Kraitos Elite is designed to automatically scan 27 forex pairs every second to ensure the user can identify the most profitable trades in real-time. This feature allows the user to stay on top of the market conditions and react quickly to any changes, increasing the chances of making a profit. However, it's important to note that running multiple pairs simultaneously and scanning them every second may also increase the risk of loss. It's essential to use appropriate risk management techniques and monitor the trades closely.

What is the maximum number of pairs to be used with Kraitos Elite?

The maximum number of pairs used with Kraitos Elite depends on the user's risk appetite. It can range from 0 to 27 (if the currency shield is turned off). However, based on historical results, using two pairs at a time with the currency shield turned on showing the most optimal results in terms of profitability and risk management. The user needs to consider their risk tolerance and adjust the number of pairs accordingly. It's recommended to start with fewer pairs and gradually increase as the user becomes more comfortable with the software and their risk management strategies.

Is there a best time frame for Kraitos Elite?

The best time frame for Kraitos Elite may vary for every forex pair. The AI server that Kraitos Elite communicates with will decide the best entry time frame based on the strength of the signal, market conditions, and other factors. It uses a combination of short-term and medium-term time frames and is designed to adapt to real-time market conditions. The AI server will decide on the best time frame and entry point to maximize the chances of a profitable trade.

Which trading sessions are the best for Kraitos Elite?

During the 22-year backtest on every pair, no particular trading session was problematic for the Kraitos Elite software performance. The Asian session can have slow movements, which may slow down profitability, but at the same time, the London and New York sessions can have significant movements that Kraitos Elite needs to make a profit. The software is designed to adapt to market conditions in real-time and is not limited to specific trading sessions. It's recommended that it be run continuously to ensure that it sees all profitable trades.

Can Kraitos Elite stay open and run over the weekend?

Absolutely.

When should Kraitos Elite be paused?

Based on the 22-year backtest results, we have not encountered any specific market event that caused problems for Kraitos Elite. Therefore, it's hard to determine when a market event may occur that could cause software problems. However, market conditions constantly change, and future market events could impact the software's performance. Monitoring the trades closely and using appropriate risk management techniques is essential. It's also recommended that a plan be implemented in extreme market conditions.

Can I control my risk using Kraitos Elite?

Yes! Absolutely!

How much of a drawdown is anticipated when using Kraitos Elite?

The drawdown varies based on the 22-year test using historical data on every pair. The best-performing pair was AUDCAD, with only a 17% drawdown. The worst performing pair was EURAUD with 88% max drawdown. However, when using the eight best-performing pairs with optimized settings, the drawdown was at most 35% in 22 years.

What is the ideal market condition for Kraitos Elite?

Kraitos Elite is designed to adapt to different market conditions and perform well in most market conditions. However, the ideal market condition for Kraitos Elite would be moderate volatility and a clear trend or a ranging market, as this allows the software to identify profitable trades easily. The software may not perform well in a market that is trending with very low liquidity, as it can lead to many false signals, called confirmed fake reversals, that trick the software into thinking that a reversal is happening. This could result in multiple trades on a pair, and the user must wait for an actual market reversal. In such cases, it's recommended to use the software with caution and monitor it closely. It's important to note that market conditions are constantly changing, and the ideal conditions for one period may not be ideal for another.

What is the worst market condition for Kraitos Elite?

The software may not perform optimally in a market that is trending with low liquidity, as it can result in a high number of false signals known as "confirmed fake reversals" that mislead the software into thinking a reversal is imminent. This can cause the software to open multiple trades on the same pair, forcing the user to wait for a genuine market reversal. For a situation like this to occur, multiple market factors must align against the software simultaneously, such as already having a trade on a pair where the software focuses on managing it rather than finding a valid entry point. This combination of factors is rare, but it's essential to be aware of and monitor the trades closely in case it happens.

What is the minimum recommended leverage for Kraitos Elite?

The tests for Kraitos Elite were performed on 1:100 and 1:200 leveraged environments. Based on this information, anywhere between 1:100 and 1:500 should be acceptable. However, it's important to note that the higher the leverage, the higher the risk. It is recommended to use the leverage that is comfortable for the user and aligns with their risk management strategy.

Can I add multiple software to trade on one account?

Yes, you can add a different expert advisor (EA) to separate Meta Trader instances and log them into the same account. So, while this is possible, it is very important that you consider your risk allowances.

For example, if your balance is $5,000 and you have two software that will be trading on that account, you will need to adjust your position sizes of trades so that each EA can only trade 50% of the balance. This is suggested but you can create your own strategy. Make sure your risk management strategy is decided and employed in your trading.

What happens if I close a managing trade?

Kraitos Elite has two types of trades that it executes, the first is the initial trade, and you can see this in the toolbox notes. When an initial trade is in drawdown, Kraitos Elite scans for the best entry of a second trade, called a managing trade. This managing trade is typically a higher lot size, designed to get the initial trade closed and maintain profit.

Sometimes, the user may want to close the managing trade to "bag" those pips and keep the profit. If a user does this, Kraitos Elite will continue to scan the market to put another managing trade into it. A user must understand the mechanics of this action before closing trades, which is designed to close out trades in drawdown while maintaining a profit. Misusing this feature could result in a loss of profits.

Kraitos Elite Troubleshooting

Why does my Kraitos Elite not take any trades?

There are a few reasons why this could be happening, and we will list them from the most frequently encountered to the least.

1. Allow WebRequest

a. The URL https://auvoriaprime.com was not added to the Allow WebRequest. Here are instructions to make sure this is done correctly.

b. Go to the Expert Advisors tab. Make sure these boxes are ticked. Add https://auvoriaprime.com to the WebRequest for the listed URL.

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2. Insufficient Account Balance

Your Position Size needs to be appropriate for your account equity. For example, if you've set the Position Size to 0.01/$3500 and your account equity (equity is different than balance; the equity is what is available and not in open trades) is below $3500, your software will not open a trade. This is a risk management feature, so additional trade positions do not overleverage the account. You can adjust the position size if you want to open additional trades. Please trade responsibly.

3. Quantum Zone Strategy

The Quantum Zone Strategy adds more accuracy to trade entries. If this setting is set to True, Kraitos Elite will look at the historical data for a currency over the past 31 days. Kraitos Elite will identify the high and low zone of the price range and prevent a trade from being taken when a Sell signal comes and the currency pair is in the bottom zone, or a Buy signal comes when the currency pair is at the top of the zone. This, however, could prevent you from getting into trades sooner, so putting it to False should enable you to get into trades faster, but this would increase the risk. The software waits for a good entry, and there are days when there are no good entries due to a consolidating market.

Kraitos Elite Support Options

You have several support options available to you that are yours to use.

Insights Call - Once per month and when needed, Dominic streams live and shares updates on the previous week's trading results, sharing updates and more about his own personal use of Kraitos. Call details are on the Events Page. The call is hosted in AP Live; read this article to find out how to access the call live.
YouTube Channel - Recordings of the Weekly Insight calls are available on the Auvoria Prime YouTube channel, and you are highly recommended to watch them.
Help Desk - The Auvoria Prime Help Desk has live chat support, ticket support, and a large knowledge base of articles from which to learn.
Send an Email to Support - support@auvoriaprime.com - Send an email, which will be converted into a ticket and replied to asap by a customer support representative.
Telegram Channel - Join this channel to receive announcements regarding Kraitos Elite. https://t.me/Kraitos-Elitefx

Can Kraitos Elite pick up and manage my open trades from Kraitos v4.3?