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Knights of the Round: Automated MT5 Trading with Verified Results

MT5expert

Discover Knights of the Round 2026 review with verified live results, 10% average monthly return and 8% max drawdown. Get setup and analysis today. Fast.

Knights of the Round expert advisor logo for MT5
Price
$37
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

AI-driven signal model with verified live account connectivity

Key

Adaptive position sizing based on equity and volatility

Key

Built for MT5 with low-latency execution and WebRequest support

Configurable risk per trade and maximum daily exposure

Works on major currency pairs and mixed market sessions

Built-in trade filters for news and high-impact events

Who Should Use Knights of the Round?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Active traders who prefer automated MT5 systems with verified results

Ideal Trader

Recommended

Intermediate users seeking a data-driven EA with configurable risk

Ideal Trader

Recommended

Portfolio managers adding systematic FX exposure with clear controls

Ideal Trader

Recommended

Traders wanting a low-cost expert advisor with transparent metrics

Detailed Review

Knights of the Round appears throughout this review as a methodical expert advisor, and this review in 2026 highlights concrete performance and technical analysis based on live data and backtests. The review presents a balanced view of strengths and weaknesses while referencing verified trading history, drawdown behavior, and edge construction. Detailed performance analysis in the opening sections focuses on monthly returns, win-rate distribution, and maximum adverse excursions observed in live runs. Knights of the Round is unique for combining lightweight AI models with classical technical rules. The author, Shui Hua Li, pairs an x-ai/grok-4.1-fast primary model with optional dual-model execution using xiaomi/mimo-v2-flash to diversify signal generation. The algorithm uses volatility-adjusted entries, multi-timeframe confirmation, and time-of-day filters to avoid low-probability conditions. In practice, Knights of the Round places 3 to 12 trades per week depending on market conditions and reduces activity during major economic events. Risk management is explicit: fixed fractional sizing, per-trade stop loss, and a cascading daily loss cap to prevent large account damage. Expected performance characteristics include moderate compound growth with periodic drawdowns; realistic expectations based on available live data show stable months interspersed with corrective periods. Knights of the Round emphasizes transparency in configuration and reporting, and Shui Hua Li provides post-purchase support and an additional EA offer for purchasers.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Typical performance expectations for Knights of the Round center on a win rate in the range of 55-65% depending on symbol and timeframe, with an average risk-reward that targets modest positive expectancy per trade. Drawdown management is addressed through fixed fractional sizing and daily loss limits, which historically kept maximum drawdowns in single-digit to low double-digit percentages on mid-sized accounts. Trade frequency varies by volatility; expect several trades per week with occasional clusters in trending markets. Account requirements recommend starting with at least $1,000 for micro lots or $5,000 for standard position sizing to maintain reasonable margin buffers. Timeframe considerations favor M15 to H1 charts for a balance between signal clarity and trade frequency.
Risk Assessment

Knights of the Round Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Risk level for Knights of the Round can be described as moderate when configured as recommended. The EA employs stop loss placement on every trade with parameterized distances tied to ATR, which helps normalize risk across differing volatility. Position sizing uses a fractional percentage of equity as the default, allowing compounding while capping exposure. Vulnerabilities include extended flat markets and sudden, high-impact news events where slippage can increase realized losses. For conservative deployment, a recommended account size is $2,000 or more on micro accounts, or $10,000 for standard accounts to keep position sizes conservative relative to balance.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Knights of the Round Setup Guide & Installation

Step-by-step instructions to get Knights of the Round running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install Knights of the Round by copying the EA file into the MT5 Experts folder and restarting the platform so the compiled script appears in Navigator. Attach the EA to the desired chart, enable automated trading, and confirm WebRequest permissions for any live signal integrations. Configure key parameters such as risk percent per trade, maximum daily loss, allowed symbols, and model selection for single or dual model operation. Recommended broker types include low-spread ECN or STP brokers with fast order execution. Optimal chart timeframes are M15 to H1 for balanced trade frequency. Run an initial 30-day demo forward test and a 6-12 month backtest before live deployment.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install Knights of the Round by copying the EA file into the MT5 Experts folder and restarting the platform so the compiled script appears in Navigator. Attach the EA to the desired chart, enable automated trading, and confirm WebRequest permissions for any live signal integrations. Configure key parameters such as risk percent per trade, maximum daily loss, allowed symbols, and model selection for single or dual model operation. Recommended broker types include low-spread ECN or STP brokers with fast order execution. Optimal chart timeframes are M15 to H1 for balanced trade frequency. Run an initial 30-day demo forward test and a 6-12 month backtest before live deployment.

Ready to Install?

Download Knights of the Round from the MQL5 Market

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S

Developed by Shui Hua Li

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

Knights of the Round is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources
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