King Robot EA v6.11 MT4 employs a straightforward yet effective trading strategy tailored for forex traders. With a take profit level set at one dollar and a 60-pip stop loss, this EA focuses on capturing quick gains while managing risk. Perfect for beginners and seasoned traders alike, it simplifies the trading process with its clear objectives.
Key Benefits of The King Robot EA
Designed with simplicity and efficiency in mind, The King Robot EA sets a profit target of just 10 pips. This conservative approach is ideal for traders who prefer quick, manageable gains rather than high-risk strategies. The 60-pip stop loss ensures that potential losses are capped, making it a reliable choice for safe trading.
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Features of The King Robot
Profit target of 10 pips with a stop loss of 60 pips
Clear and straightforward trading strategy
Optimal for forex pairs like GBPUSD, USDCHF, USDCAD, and AUDUSD
Designed for H1 timeframe, ensuring efficient trades
King Robot EA V6.11 MT4 is a professional trading tool developed specifically for the MetaTrader 4 (MT4) platform. Its mission? To combine premium, professional strategies with safety features, making it an effective trading companion. Here’s what you need to know:
Scalping Strategy:
King Robot employs a scalping strategy, aiming to capture quick gains from the market.
Scalping involves targeting relatively small profit targets while limiting potential losses.
The logic: accumulate small profits consistently to grow the account over time.
Currency Pairs:
King Robot focuses on trading five currency pairs.
These pairs offer liquidity and volatility, essential for scalping strategies.
The EA adapts to market conditions, seeking opportunities in real-time.
Risk Management:
King Robot doesn’t play risky games like grid trading.
It keeps a maximum of two trades open at any time.
An “anti-stop loss hunting mechanism” aims to protect traders from unscrupulous brokers.
Prop Firm Challenges:
Traders can use King Robot to attempt prop firm challenges.
Adjust the robot’s input settings according to your trading preferences.