King Robot EA v6.11 MT4 1420+ / Download Free
$19.99
The King Robot EA is designed to make forex trading straightforward and efficient, focusing on quick, consistent gains. It uses a simple strategy, setting a take profit target of one dollar and a stop loss of 60 pips to balance profit potential with effective risk management. This setup appeals to beginners and experienced traders, offering a hassle-free way to trade with well-defined goals.
Description
What is King Robot EA?
King Robot EA is a fully automated forex trading system designed to capitalize on short-term price fluctuations. As a high-frequency scalping robot, it executes numerous trades daily, aiming to accelerate account growth quickly and efficiently. This EA has also been tested and verified with live trading on real money accounts, adding a layer of credibility to its performance.
Key Takeaways
- Simple Strategy: Targets a quick 10-pip profit with a 60-pip stop loss for controlled risk.
- Risk Management: Uses predefined stop-loss levels to minimize potential losses.
- User-Friendly: Suitable for both beginners and experienced traders.
- Pair Compatibility: Works with major forex pairs such as GBPUSD, USDCHF, USDCAD, and AUDUSD.
- Optimal Timeframe: Designed for the H1 timeframe to enhance trading performance.
King Robot Setting / Features
Trading Platform: MetaTrader 4 (MT4)
Time Frame: H1 (1-Hour)
Compatible Currency Pairs: GBPUSD, USDCHF, USDCAD, AUDUSD
Minimum Deposit Requirement: $1,000
Proven Profit Reports MyFxbook
MyFxBook Results –
User Reviews
Pros and Cons
- Easy to use, suitable for all traders
- Fully automated on MT4
- Effective risk management with fixed profit/loss targets
- Works on major pairs (GBPUSD, USDCHF, USDCAD, AUDUSD)
- Optimized for H1 timeframe
Cons:
- Requires $1,000 minimum deposit
- Limited to specific currency pairs
- 60-pip stop loss may lead to larger losses
- Only compatible with MT4
Comparison with Other EAs
Comparison summary
- King Robot EA: High-frequency scalping on major pairs, fixed 10-pip profit and 60-pip stop loss: $ 1,000 deposit, H1 timeframe.
- The Gold Reaper MT4: Trend-focused for XAUUSD (gold), adaptive stops, $500+ deposit, M15/H1 timeframe.
- Gold Buster EA MT4: Scalper for XAUUSD, adjustable stop-loss, high-frequency trades, $1,000+ deposit, M5/M15 timeframe.
- Amazing Brain EA MT4: Multi-strategy, AI-adaptive for various pairs, flexible risk, $500 deposit, M15/H1 timeframe.
Summary: King Robot and Amazing Brain are multi-pairs, while Gold Reaper and Gold Buster focus on gold. King Robot and Gold Buster are scalpers, while Gold Reaper and Amazing Brain adapt to market conditions.
Pricing and Plans
One-year license: $697 as a one-time payment for the year. Alternatively, a one-time lifetime license is available for $1,197 with no further payments. Or, you can try the King Robot EA for just $19.99 from our site.
Reviews
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