Kratos is found within the Experts section of the MQL5 marketplace, it was first uploaded on the 28th of March 2020 by its creator Georgian Gurita, it has not had any updates since being uploaded and so it is still at version 1.0.
Kratos is an expert advisor that was developed to be used with the MetaTrader 4 trading platform. It is being advertised as a state of the art tool. There isn’t a lot of information about how it actually functions, the only information available is that it will use high volatility candles to enter the markets, but nothing much else.
A few key features and requirements:
- Recommended to use with high volatility pairs such as GBPJPY, GBPCAD, XAUUSD
- It is recommended to use a VPS
- The EA does not use martingale or coverage strategies
- It is recommended to use an ECN broker
- The EA has a maximum drawdown of between 1% and 1.5%
The expert advisor is incredibly expensive and we mean incredibly. In order to purchase it outright with a single purchase, it will cost you $19,000, this will get you up to 20 activations of the software. There is also the option to rent it, this can be done on a monthly basis which will cost you $1000 for the month, for a year worth of usage, it will cost you $6000.
A free demo version is available to use with the strategy tester within the MT4 platform and cannot be tested with a live account.
There are currently no user reviews or ratings at the time of writing this so we do not know whether people are finding the EA profitable or whether it is doing what it is intended to do, there are also no comments from users so we do not know if the developer is offering support, due to this we would suggest contacting them, just to make sure they will be there should you decide to get the EA and then need some support. Due to the incredibly high price, we would recommend asking as many questions as you can.
This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/46419