ForexKingle EA is a trading system that promises to do everything for you, making it a perfect choice for novices who may lack experience in trading forex. The system is designed to trade with the trend, making it ideal for traders who want to benefit from market momentum.
The ForexKingle EA comes with a set file that provides unparalleled accuracy. Traders are instructed to attach the set file to all the pairs sent to them, and the EA will take care of the rest. According to the system’s creators, traders can expect profits to start rolling in soon after trading with the EA.
One of the most intriguing features of the ForexKingle EA is the claim that it can handle even the most extreme market conditions. According to the system’s creators, traders need not worry even if the market moves against them by 1000 pips. The settings on the EA are designed to handle such situations, making it an ideal choice for risk-averse traders.
The ForexKingle EA comes with both slow and fast settings. The slow settings are said to be less risky, making them ideal for traders who are looking to build their confidence slowly. The fast sets, however, are designed for traders who want to make quick profits. However, the system’s creators advise traders to withdraw their earnings as soon as they double their money because the fast settings can lead to huge drawdowns.
It is important to note that trading forex is risky, and there are no guarantees of profits. While the ForexKingle EA may be a powerful tool, it is still essential to exercise caution when trading. Traders should only invest what they can afford to lose and have a solid understanding of the risks involved in forex trading.
Please test in a demo account first for at least a week. Also, please familiarize yourself with and understand how this Kingle Robot works, then only use it in a real account.
Recommendation for Kingle EA
- Minimum Cent account balance of 100$(equivalent standard account) or FTMO challenge accounts.
- Work best on GBPUSD and EURUSD. (Work on any pair)
- Work best on H1 TimeFrames. (Work on any time frame)
- The Best FireStorm Scalper V5 should work 24/7 on VPS to reach stable results. So we recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)
- Start Trade: This is when the trade will start
- End Trade: This is when the trade will end.
- DbLots: If set to 1 it means your 3rd lot size will start increasing. But if set to 2, all lot sizes will be Fixed Lot.
- Lots: That is the starting lot size.
- Sl: That is the specific stop loss for all the trades
- TP: That is the specific take profit of all the trades
- Cycle: This is the next cycle when the 3rd trade will start, followed by the rest. You can also call it the Gap difference between trades.
- Your Defined Maximizer: This is like the next 3rd lot size multiplier followed by other trades lot sizes.
- Magic Number: That is the magic number for this EA.
Warning! Please read the MetaTrader EA Installation Tutorial if you do not know how to set up this forex expert advisor.
The Forex Kingle EA is a scalper trading system that promises to do everything for you, making it an ideal choice for novice traders. The set file that comes with the system is said to provide unparalleled accuracy, and the EA is designed to handle even the most extreme market conditions. However, traders should exercise caution when trading with the system and should only invest what they can afford to lose.