Important Note
There have to be default settings, so the values chosen are such that Kraitos Elite will be trading a moderate to conservative strategy. The lot size is moderate, but the rest of the settings are set for risk management. You should speak with the person who invited you to Auvoria Prime about the settings to use for your Kraitos Elite trading. Make sure you join our Kraitos Elite group on Telegram to stay up to date with all the news and updates. Understanding Kraitos Elite settings is recommended to improve your trading experience with the software.
Introduction to Kraitos Elite
Kraitos Elite was designed to take your forex trading to the next level. In this article, we will give you an in-depth look at the features and capabilities of Kraitos Elite and show you how to maximize your profits while maintaining proper risk management in the foreign exchange market.
Kraitos Elite is a software built specifically for the forex market, focusing on predicting market reversals and swing trading. It is compatible with any broker that supports the MT5 platform and can be customized to suit your risk appetite.
The software's algorithms have been rigorously tested on various forex pairs and proven effective even in the most challenging market conditions. Kraitos Elite uses a combination of technical indicators and chart patterns to identify entry points and adaptive scaling techniques to manage trades. The ultimate goal of the software is to achieve consistent growth while maintaining a responsible approach to risk management.
Kraitos Elite Settings (v2.2.2)
Take your time to understand the settings and what they do. If you doubt a setting, consider leaving the default value. To understand the settings better, you can reach out to your team members in Auvoria Prime, or reach out to the AP Support Team.
*** Trading ***
Position Size
The position size determines the capital you want to risk per trade. The larger the dollar amount, the more conservative the lot size.
Default - 0.01/$3000
In regards to adjusting the position size value, the selection of the position size does need to be equal to or less than the account balance.
Using the example of a $5000 account, a position size of $5000 will allow the initial trade to be a .01 lot size. On the $5000 account, a position size of $2500 would allow the initial trade to be .02. The last example is a position size of $1000 on a $5000 account balance, allowing the initial trade to be a .05 lot size.
To determine the correct position size for you, consider the account balance, the software’s average performance regarding profit and drawdown, and the risk you are willing to assume.
Note: If you require a smaller lot size than what is available, you can request this from the company or consider purchasing the PRO version for the ultimate flexible experience.
Maximum Instruments to Trade
Default - 4
This feature allows the trader to restrict the number of currency pairs the algorithm can trade at any given time. This risk management tool helps control the account's exposure and prevents overtrading. The trader can adjust this limit based on their trading strategy and risk management plan.
While the default is four and is recommended for risk management, in version 3, a special feature was implemented that allows Kraitos Elite to open more pairs if a trade already has secured profit with a trailing stop-loss.
This means that when Kraitos Elite has secured profit on a trade using a Trailing Stoploss, Kraitos Elite will ignore the Correlation Filter and the Max Allowed Pairs and take another trade. As long as profits are secured, Kraitos Elite will keep opening new trades.
If a person wants to allow more than four instruments to be traded, they can turn the Correlation Filter on, preventing correlating pairs from being traded simultaneously. This will help prevent drawdown and protect the account.
Note: Correlating pairs are pairs that contain one of the same currencies. For example, EURUSD correlates with USDCAD because USD is in both. Two pairs that do not correlate are EURUSD and AUDCAD. The reason for not allowing correlating pairs to be traded at the same time is there could be a correlation in their direction on the charts. This would increase drawdown more quickly.
Instruments
Default - AUDCAD, NZDCAD, GBPUSD, EURUSD, AUDUSD, NZDUSD, USDCAD
The software was designed to evaluate the performance of different currency pairs. The pairs that revealed the best results in terms of profitability and safety were AUDCAD, AUDUSD, GBPUSD, EURUSD, NZDCAD, and NZDUSD.
It is important to note that while these pairs may have optimal results, the software can still perform well on other pairs. However, it's crucial to consider that the number of pairs traded simultaneously can affect the risk level. It is important to remember that these pairs were tested separately, and the results may vary if multiple pairs are traded simultaneously.
Note: If the user does not want to use the Smart Money Concept (SMC), it is advised to remove USDCAD and GBPCAD from the instruments to trade.
Additional Instruments
Default - (blank)
This section is for you to add any other currencies you may want to trade. You will need to get the pairs from your broker so they are entered correctly.
Years of forward testing and decades of backtesting strongly suggest staying away from the JPY and CHF pairs.
Kraitos Elite is not intended to be used with metals, commodities, stocks, cryptocurrency, or indices. If a person wants to “test” any of these, it is important to do so on a demo account.
Spread Filter (Pips)
Default - 3
This Spread Filter determines the spread that you want to allow for Kraitos Elite to open new trades. If the spread of a currency pair is more significant than the value entered here, the trade will not be allowed to execute.The spread for your pairs that your broker has can be found in the Market Watch window in MT5. The spread is constantly fluctuating due to liquidity, varies from broker to broker, and also depends on the type of trading account with the broker. If you can't find the spread in your market watch, right-click in the market watch window, go to columns, and make sure the Spread is ticked.
Note: The spread is the difference between the actual value of the currency pair versus the entry price you will be given. This spread is the fee to the parties that make trading possible. The spread can increase drastically during very volatile markets, costing you more money.
***Trading Style***
Kraitos Elite Uses an Elastic Scaling Strategy
Kraitos Elite uses a complex reversal finder to determine when a reversal (a change in the direction of a currency pair) is confirmed. This reversal confirmation could lead to a scaling trade if the price exceeds the Minimum Required Distance Between Trades in Pips.
Once a reversal is confirmed and outside the Minimum Required Distance Between Trades in Pips, Kraitos Elite will compute the lot size for the scaling trade based on the Decision Units in Pips and the Position Size.
The formula used to calculate the lot size of the scaling trade is:
Initial lot size x 1.3 ^ Decision Units in Pips
The size of the ‘Units’ is determined by the "Decision Unit in Pips" setting. Let's say it's set to 50 pips in the settings, and these zones are all 50 pips (each).
What that means is, if your initial lot size for the first trade is 0.01 because the reversal happened in the 9 Unit, the lot size of the scaling trade that happened in the 9th zone is calculated by this formula
9 Units - 1 = 8
The initial lot is 0.01
0.01 x 1.3 (fixed multiplier) 8 times
0.01 x 1.3 x 1.3 x 1.3 x 1.3 x 1.3 x 1.3 x 1.3 x 1.3 = 0.08157 (rounded down to 0.08 lot)
The reversal happened in zone 9, so the lot size of the scaling trade is = 0.08.
It is important to note that this is just an example, and the actual calculation may vary based on the actual settings used in the software. As you can see, the lot size is directly related to the distance the market moves in the wrong direction before a confirmed reversal happens. If the market moves significantly in the wrong direction and a confirmed reversal happens, with a small zone range, the lot size can become large. If you find yourself in this situation, you may want to consider increasing the Decision Unit in Pips or setting a more reasonable max allowed lot size per trade.
How Scaling Lot Size Is Calculated
Entry Choice
Default - Dynamic Entry
Kraitos-Elite Entry - This requires four confirmations from various indicators.
Smart Money Only - Kraitos Elite will immediately open an initial trade in the direction of the smart money bias. It will not wait for the smart entry confirmations.
Dynamic Entry - Use all the special indicators in the software without the Smart Money.
Buy and Sell at the Same Time
Default - Yes
This option allows the EA to go into Buys and Sells at the same time. If you set this to False, you will only be able to trade one way at a time.
Minimum Required Distance Between Trades in Pips
Default - 70
This option sets the minimum number of pips that the trade must move, in pips, between the last executed trade and the managing trade for the managing trade to execute. The following image shows that the distance between trades is over 500 points, which is over 50 pips.
The purpose of this setting is to prevent excessive managing trades from being opened in case of a sideways market movement.
If the value is smaller than the default, an excessive number of trades could occur, resulting in the account going into drawdown faster.
If this value is too high, the managing trade may not be placed in a better position, which will help close out a losing trade and maintain some profit.
Adaptive Trade Spacing (ADR-Based/ 0 = off)
Default - 0.0
Adaptive Trade Spacing in Forex refers to a trading strategy that uses the Average Daily Range (ADR), where the intervals between trade entries or exits are dynamically adjusted based on market conditions. Instead of placing trades at fixed distances (e.g., fixed pips or time intervals), the spacing adapts to factors like volatility, trend strength, or price action patterns. This approach helps traders optimize trade placement, reduce risk during volatile periods, and capture more opportunities in trending markets. It is often used in algorithms or strategies to enhance efficiency and profitability.
Read this article about Average Daily Range for more information.
Decision Units in Pips
Default - 40
The value entered here determines the distance between hypothetical units in pips. These units calculate the lot size of managing trades in the trading software. The default value is chosen due to years of testing and has shown to be the best value.
This setting allows the user to specify the pip distance between units, which is then used to calculate the appropriate lot size for each trade based on the current market conditions and the user's specified risk appetite.
For example, if this is set to 50 pips, the software will divide the market into units that are 50 pips apart. When a trade is executed, the lot size will be calculated based on the market's current unit and the user's specified risk management settings. This allows the software to adapt to changing market conditions and adjust the lot size accordingly.
Note: The lower the number, the more aggressive every scaling trade will be.
Adaptive Decision Units (ADR-Based/ 0 = off)
Default - 0.0
Adaptive Decision Units (ADUs) in Forex are algorithmic systems or models designed to make dynamic trading decisions based on real-time market data and conditions. These units use advanced techniques like machine learning, statistical analysis, and pattern recognition to adapt their strategies as market trends, volatility, and liquidity change. ADUs aim to optimize trade entries, exits, and risk management, enhancing performance by responding flexibly to evolving market conditions rather than relying on static rules.
NOTE: This is for more advanced traders. Please use this setting on a demo account first to see how it affects the trading behavior instead of using Minimum Distance Between Pips.
Correlation Filter
Default - Off
There are three options for the correlation filter, and they are explained below.
Off - With this value, there is no filtering of correlating pairs.
Forbid Correlating Pairs—With this option selected, Kraitos Elite will not allow correlating pairs to be traded at the same time unless a trade has a profit locked in. This will allow Kraitos Elite to bypass the correlation filter and open a new trade.
Cross Directional Allowed - This value allows Kraitos Elite to trade the pairs with the same currency, but they must be in opposite directions on the charts. For example, you are in a EURUSD Buy trade, and the market reverses, so you are in a drawdown. With Cross Directional Trading allowed, if Kraitos Elite gets a signal for a sell trade with AUDUSD, it will allow it.
So, although USD is in both pairs, because of the opposite direction of the second trade, it is allowed. This opens up the opportunity for more trades.
Periods for ADR
Default - 30
The periods for Average Daily Range (ADR) typically refer to the time frames over which the average range of price movement is calculated. ADR is used in financial markets to measure the average difference between the high and low prices of a security over a specific number of trading days. One period is a Daily (D1) candle, so basically, the value you set will be how many Daily charts in the past will be looked at and considered in your trading strategy.
***Trading Times***
Start Trading Pause
Default - 23:45
This setting allows you to prevent the software from taking a trade. The intention is to avoid trades during the Asia Session when the market tends to range, and entries could be less accurate. If you don't want to use this, you can set the time to 00:00. The time zone used is different based on the broker you're using, so check the market watch to know which time zone your broker is in This value will apply every day the market is open, Sun through Fri.
End Trading Pause
Default - 01:15
The time entered here is when trading will be allowed to resume after the value is entered in the Trading Pause field.
*** Smart Money Concepts ***
Quantum Zone Strategy
Default - True
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.
Quantum Zone Strategy Dynamic Lot Size
Default - False
Dynamic lot size calculates your lot size depending on where the market is in relation to the Quantum Zone. If the market is perceived to be at the top and about to reverse, the lot size will be larger for bigger wins. If the market is perceived to be at the bottom, the lot size will be smaller as a means of risk management.
Close Opposite Direction upon crossing structural levels
Default- False
If turned on, Kraitos Elite will close trades that are going against the market structure. This is a risk management feature.
Initial Trade Take Profit Settings
The initial trade with Kraitos Elite was the first trade taken on a currency pair. If the pair goes into drawdown, Kraitos Elite will open a managing trade. These settings control only the initial trade.
Initial Trade’s Take Profit (Pips)
Default - 30.0
This value only applies when only one trade exists on a pair. The value is the number of pips you want to catch on a trade, and then Kraitos Elite will close the trade. The higher this number, the more potential profit, but you may also be in a trade longer waiting for the Take Profit to be reached, in which time the currency pair could reverse, and the profit or account balance is lost.
Trailing Stop on Initial Trade
Default - True
This is a powerful setting for those who understand how it works. A trailing stop loss will allow you to catch bigger moves and profit on the initial trade.
Here is an example of how the trailing stop loss works. Let's say the Trail Initial Trade by X Pips is set to 5 pips. This means that when Kraitos Elite enters a buy on EURUSD and reaches the value of the Initial Trade’s Take Profit, ten by default, a trailing stop loss will be placed at five pips. As the trade moves more into profit, the trailing stop loss moves with it, securing more pips. If, however, the trade reverses, you could get stopped out at a 5-pip profit.
Note: The value you set in the next setting is the minimal profit you could secure on a trade if the trailing stop loss is activated.
Trail Initial Trade by X Pips
Default: 10.0
If the last setting, the Trailing Stop on Initial Trade, is set to True, then the Initial Trade’s Take Profit (Pips) becomes the point where the Trailing Stop Loss will be activated.
EXAMPLE
Initial Trade’s Take Profit (Pips) - 30
Trailing Stop on Initial Trade - True
Trail Initial Trade by X Pips - 10
In this example, the Trailing Stop Loss will be activated when the initial trade is 30 pips in profit. Kraitos Elite will place a trailing stop loss of 10 pips.
This means that for every pip that the trade moves in profit, Kraitos Elite will secure more profit. If the trade moves 35 pips into profit, the trailing stop loss will secure 25 pips.
***Managing Trade Take Profit Settings***
Take Profit on Managing Trades (Pips)
Default - 30.0
When this setting is activated, if the user has more than one open trade on the same forex pair, these trades will close automatically when the overall equity on that pair reaches a level that is the breakeven point plus an additional five (5) pips, the value set by the user. This functionality is implemented to safeguard profits and manage the risk of having multiple trades open on the same currency pair.
Trailing SL on Managing Trades
Default - True
This is a powerful setting for those who understand how it works. A trailing stop loss will allow you to catch bigger moves and profit on the managing trade.
Here is an example of how the trailing stop loss works. Let's say the Trail Manging Trades by X Pips is set to 5 pips. This means that when Kraitos Elite enters a managing trade and reaches the value of the Take Profit on a Managing Trade, five by default, a trailing stop loss will be placed at five pips. As the trade moves more into profit, the trailing stop loss moves with it, securing more pips. If, however, the trade reverses, you could get stopped out at a 5-pip profit.
Note: The value you set in the next setting is the minimal profit you could secure on a trade if the trailing stop loss is activated.
Trail Managing Trades By X Pips
Default - 10.0
If the last setting, the Trailing SL on Managing Trades, is set to True, then the Trail Managing Trades By X Pips becomes the point where the Trailing Stop Loss will be activated.
EXAMPLE
Managing Trade’s Take Profit (Pips) - 30
Trailing Stop on Managing Trade - True
Trail Managing Trade by X Pips - 25
In this example, the Trailing Stop Loss will be activated when the managing trade is 30 pips in profit. Kraitos Elite will place a trailing stop loss of 25 pips.
This means that for every pip that the trade moves in profit, Kraitos Elite will secure more profit. If the trade moves 35 pips into profit, the trailing stop loss will secure 30 pips.
***Hedge Trade Settings***
Default - False
True - When Hedge Trades is set to True, you will enter Hedge trades, and the settings below will take effect.
False - You won’t be able to enter Hedge Trades, and the settings below will be ignored.
Pips in dd for Hedge Entry
Default - 15
This setting controls when the Hedge Trade will be opened. When the Kraitos Elite Initial trade is 15 pips in Drawdown, a Hedge Trade will be opened.
Multiplier for hedge band
Default 2.0
Protect Hedge with SL - Pips to Trigger (0-off)
Default - 20
This setting controls when the SL is triggered for your Hedge trade. When your Hedge trade reaches 20 pips in profit, the SL will be activated. The next setting, Protext Hedge With SL - Pips Offset, controls the SL.
If you do not want an SL activated, you will want to set this value to 0.
Protect Hedge With SL - Pips Offset
Default - 10
This setting controls the SL once the setting above triggers it. This is how much profit the hedge trade secures once the SL is triggered. This default setting means 10 pips of 80 will be locked in as profit.
Pips in Positive before opening a Hedge
Default - 30.0
This is only for managing trades. This value determines how many pips in profit the managing trade has to be to open a hedge trade.
Because the initial sequence is usually the most accurate, we do not want to open the hedge randomly straight away; we want to give the managing trade space to play out. Usually, the managing trade goes in profit for at least 20 pips before reversing.
You can always lower the value or increase it.
Use Trail on the Hedge Trade
Default - False
When this is set to True, the Hedge Trade will activate a Trailing Stop Loss. The stop loss will move for every pip the market moves in your favor.
If you start trailing at 80 pips and Protect Hedge With Stop loss is 20, you give the trade 60 pips breathing room.
Max Hedge Levels per instrument
Default - 5
Close Hedge when X Hedges trades are in Profit
Default - 15
If X number of your Hedge Trades opened are in Profit, this setting will close them all in profit. This is done so you can secure as much profit as possible and therefore limit the drawdown caused by the initial Kraitos Elite sequence.
***Risk Management***
Automatically Adjust Max Lot Size
Default - Conservative
The value in this setting will prevent KraitosX from opening trades with lot sizes that are bigger than the value specified here. However, It is important to have the right lot size for your balance because KraitosX needs to open managing trades with a large enough lot size to work with an initial trade in drawdown. Here is a formula to use to determine your Max Allowed Lot Size.
Conservative = Balance/60.000
Moderate = Balance/40.000
Aggressive = Balance/10.000
Max Allowed Lot Size (Not Used if Automatic Value Selected)
Default - 0.01
This setting is only in effect when the setting above is set to User Defined. If User Defined is chosen as your setting, you define your own Max Lot Size in this field.
If you instead choose any of the other options for the setting above (Conservative/Moderate/Aggressive), this setting will not have any effect.
Formula
Balance/40,000 = Max Lot Size
$5000/40,000 = .13
Note: If you want a more conservative lot size, you can use Balance/50,000, or a more aggressive lot size would use the formula Balance/20,000.
Relaxing After X Many Trades
Default - 5
Set up the maximum number of trades open per pair. Reducing this number to 2 or 3 will prevent a larger drawdown during a currency pair trend, but Kraitos Elite does use the managing trades to get out of the drawdown without the price returning to the initial trade entry.
Chill Out when a % of DD is Reached on the Balance
Default - 10
The value that you enter here means that when that percentage of drawdown is reached on your account, Kraitos Elite will not open any new initial trades or managing trades until the drawdown drops below the value entered.
Equity Protector (in %)
Default - 25
This value is a percentage the user can specify the maximum drawdown he is willing to enter before having Kraitos Elite close all the open trades. If reached, Kraitos Elite will stop and close all existing positions.
While the default is set to 25%, you are expected to edit this to your risk allowance. Only you can decide this amount. If you have a $1,000 account and you set this to 50%, you risk $500; if that amount is reached, Kraitos Elite will automatically close out your trades and turn the software off.
Keep Trading After EP is Reached
Default - False
With this value set to True, if your account goes into drawdown to the extent that it reaches your Equity Protector percentage and closes out all your open trades, Kraitos Elite will immediately start looking for new trades.
MT5 Notification for a Certain DD
Default - 5.0
If you set this value to 0.0, no notifications will be sent to you from MT5. If you have a value set, a notification will appear on MT5 that you have reached that drawdown level in percentage. Having one more notification to let you know what is happening in your trades is good.
***Trend Conformation Settings***
Trend Analysis Timeframe
Default - 30 Minutes
Trend analysis timeframe refers to the specific chart period used to identify market direction. Longer timeframes (e.g., 1H, 4H, Daily) confirm overall trends, while shorter timeframes (e.g., 5M, 15M) are used for precise entry and exit points.
Trend Fast EMA Periods
Default - 125
Trend Fast EMA Periods refer to the short-term Exponential Moving Average (EMA) settings used to detect quick trend changes and momentum shifts for scalping or day trading.
Trend Slow EMA Periods
Default - 200
Trend Slow EMA Periods refer to the longer Exponential Moving Average (EMA) settings, typically 21, 50, or 200, used to identify the overall market direction and confirm trend strength.
Trend MA Method
Default - Exponential
-
Simple Moving Average (SMA): Calculates the average price over a set period, giving equal weight to all data points, making it smoother but slower to react.
-
Exponential Moving Average (EMA) (default): Gives more weight to recent prices, making it more responsive to price changes and ideal for short-term trend analysis.
-
Smoothed Moving Average (SMMA): A variation of the SMA that reduces noise by averaging data over a longer period, making trends more stable.
-
Linear Weighted Moving Average (LWMA): Assigns the highest weight to the most recent prices, making it the most responsive to market movements.
Trend MA Applied Price
Default - Close Price
-
Close Price The moving average is calculated using the closing price of each candle, which is the most commonly used and reliable for trend analysis.
-
Open Price: Uses the opening price of each candle, making it less common but useful for strategies based on market gaps or initial momentum.
-
High Price: Applies the moving average to the highest price of each candle, often used to identify resistance levels and potential trend reversals.
-
Low Price: Uses the lowest price of each candle, which is helpful for spotting support levels and trend continuation.
-
Median Price ((High + Low) / 2): Averages the high and low prices of each candle, creating a smoother trend indicator that reduces price noise.
-
Typical Price ((High + Low + Close) / 3): Incorporates high, low, and close prices to provide a more balanced view of market trends.
-
Weighted Close (default): ((High + Low + Close + Close) / 4): Gives extra emphasis to the closing price, making it more responsive to final market sentiment.
Candles for Conformation of Trend Change
Default - 4
This setting controls the number of candles the EA will look at before confirming the Trend Change.
Use Trend EMAs for Initial Trade
Default - True
Using Trend EMAs for the Initial Trade means entering a position when the fast EMA crosses above or below the slow EMA, confirming the trend direction and momentum shift.
Use Trend EMAs for Managing Trades
Default - True
Using Trend EMAs for Managing Trade means entering a position when the fast EMA crosses above or below the slow EMA, confirming the trend direction and momentum shift.
***Entry Conditions***
Time Frame for the Entry MAs
Default - 15 Minutes
The time Frame for the Entry MAs refers to the specific chart period, such as 5M or 15M for scalping and 1H or 4H for swing trading. Moving averages (MAs) are used to confirm precise trade entries based on trend direction.
Fast EMA
Default - 10
Fast EMA is a short-period Exponential Moving Average that reacts quickly to price changes, helping traders identify early trend shifts and momentum.
Fast MA Applied Price
Default - Close Price
Fast MA Applied Price refers to the specific price value used for calculating the fast-moving average, such as close, open, high, low, median, typical, or weighted close, which affects its sensitivity to market movements.
Fast MA Method
Default - Exponential
Fast MA Method refers to the type of moving average calculation used for short-term trend detection, such as Simple (SMA), Exponential (EMA), Smoothed (SMMA), or Linear Weighted (LWMA), with EMA being the most responsive to price changes.
Slow EMA
Default - 25
Slow EMA is a long-period Exponential Moving Average that smooths out price fluctuations and helps identify the overall trend direction.
Slow MA Applied Price
Default - Close Price
Slow MA Applied Price refers to the price value used to calculate the slow-moving average, such as close, open, high, low, median, typical, or weighted close, affecting how smoothly it tracks long-term trends.
Slow MA Method
Default - Exponential
The slow MA Method refers to the calculation type used for the slow-moving average, such as Simple (SMA), Exponential (EMA), Smoothed (SMMA), or Linear Weighted (LWMA), with EMA being preferred for its responsiveness to long-term trend changes.
Delayed Entry Candles
Default - 3
Delayed Entry Candles refer to candlestick patterns that confirm a trend change after the initial breakout, helping traders avoid false signals and enter with stronger confirmation.
Use Entry EMAs for Initial Trade
Default - True
If this value is set to True, EMA (Exponential Moving Average) will be used for Initial Trade Entries.
Use Entry EMAs for Managing Trades
Default - False
If this value is set to True, EMA (Exponential Moving Average) will be used for Managing Trade Entries.
Use Entry EMAs for Hedge Trades
Default - False
If this value is set to True, EMA (Exponential Moving Average) will be used for Hedge Trade Entries.
***RSI Entry***
Use RSI for the Entries
Default - True
Using RSI for entries means entering a trade when the Relative Strength Index (RSI) crosses key levels, such as buying when the RSI is below 30 (oversold) or selling when the RSI is above 70 (overbought), ideally combined with trend confirmation.
Trend RSI Timeframe
Default - 15 Minutes
Trend RSI Timeframe refers to the chart period used to analyze the Relative Strength Index (RSI), with higher timeframes (1H, 4H, Daily) for trend confirmation and lower timeframes (5M, 15M) for precise entries.
Trend RSI OverBought Level
Default - 75.0
Trend RSI Overbought Level is typically set at 70, indicating that the asset may be overvalued and a potential reversal or pullback could occur.
Trend RSI OverSold Level
Default - 25.0
Trend RSI Oversold Level is typically set at 30, indicating that the asset may be undervalued and a potential reversal or upward correction could occur.
Trend RSI Periods
Default - 14
Trend RSI Periods refer to the number of candles used to calculate the Relative Strength Index (RSI), with 14 being the standard setting, while shorter periods (7 or 9) increase sensitivity and longer periods (21 or 50) smooth out signals.
***Stochastic Entry***
Stochastic Mode
Default - Stochastic Main
Stochastic Main (also called %K) is the primary line calculated from price data, while Stochastic Signal (also called %D) is a smoothed moving average of %K, used to generate buy or sell signals when the two lines cross.
Use Stochastic on Initial Trades
Default - True
Using Stochastic on Initial Trades means entering a trade when the %K line crosses above the %D line in the oversold zone (buy) or crosses below in the overbought zone (sell), confirming momentum shifts.
Use Stochastic on Managing Trades
Default - False
Using Stochastic on Managing Trades means entering a trade when the %K line crosses above the %D line in the oversold zone (buy) or crosses below in the overbought zone (sell), confirming momentum shifts.
Stochastic K Line
Default - 14.0
The stochastic %K Line is the primary line in the Stochastic Oscillator, representing the current closing price relative to the high-low range over a set period, typically making it more responsive to price movements.
Stochastic D Line
Default - 7.0
The stochastic %D Line is the smoothed moving average of the %K Line, used as a signal line to confirm trend reversals when it crosses %K in overbought or oversold zones.
Stochastic Slowing
Default - 3.0
Stochastic Slowing refers to the smoothing factor applied to the %K line to reduce noise and false signals, with higher values making the oscillator less sensitive to minor price fluctuations.
Stochastic Low Level
Default - 25.0
The stochastic Low Level is typically set at 20, indicating an oversold condition where a potential buying opportunity may arise if the %K line crosses above the %D line.
Stochastic High Level
Default - 75.0
The stochastic High Level is typically set at 80, indicating an overbought condition where a potential selling opportunity may arise if the %K line crosses below the %D line.
Stochastic Time Frame
Default - 4 Hours
Stochastic Time Frame refers to the chart period used for analyzing the Stochastic Oscillator, with lower timeframes (5M, 15M) for scalping and higher timeframes (1H, 4H, Daily) for trend confirmation.
Stochastic MA Method
Default - Simple
The stochastic MA Method refers to the type of moving average used to smooth the %D line, with options like Simple (SMA), Exponential (EMA), Smoothed (SMMA), or Linear Weighted (LWMA), affecting the sensitivity of signals.
Stochastic Price Field
Default - Low/High
Stochastic Price Field refers to the price data used for calculating the Stochastic Oscillator, typically set to Low/High (default for a wider range) or Close/Close (for more sensitivity to closing prices).
DATA Feed ATR
Magic Number
Default-2222
In Kraitos Elite, Magic Numbers are used to uniquely identify and manage different sets of trading parameters.
Each optimized pair settings is associated with a specific Magic Number to help the software recognize which settings are being applied.
For example, for the default Strategy:
The default Magic Number for the initial trade is 2222.
This allows Kraitos Elite to correctly track and manage trades based on the set parameters.
Kraitos Elite Support Options
You have several support options available to you that are yours to use.
- Help Desk - The Auvoria Prime Help Desk has Live Chat support, ticket support, and a large knowledge base of articles to learn from.
- 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