Forex Kingle EA MT4 with Setfiles (Unlimited)
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What is Forex Kingle EA?
Forex Kingle EA is a fully automated trading Expert advisor (EA), designed on the Metatrader 4 (MT4) platform, optimized for currency pairs and most effective with EURUSD, GBPUSD, AUDNZD pairs.
The advisor uses a high-speed Scalping trading strategy, helping to increase profits quickly and dominate short time frames and effective intraday trading. The advisor is verified for transparent profit performance by Myfxbook and has good long-term performance.
Key features of Forex Kingle EA for MT4
🔹Advanced Trading Algorithm: The EA is equipped with a sophisticated trading algorithm designed to analyze market conditions, identify trends and execute trades with accuracy.
🔹Risk Management Strategies: The EA incorporates robust risk management strategies to ensure optimal risk-reward ratios.
🔹Custom trading strategy: integrated Autolot and Fixlot systems, customizable and selectable trading order opening options.
🔹User-Friendly Interface: The user-friendly interface of Forex Kingle makes it accessible to traders of all levels of experience.
Performance highlights
🔹Consistent Profitability: EA has demonstrated a history of consistent profitability, showcasing its ability to navigate various market conditions and deliver positive results over time.
🔹Versatile Trading: The EA is designed to trade across multiple currency pairs, providing versatility in its application.
🔹Real-Time Market Analysis: Forex Kingle adapts to real-time market dynamics, ensuring that trading decisions are based on the latest market information.
Forex Kingle EA MT4 Reviews
1. Forex Kingle EA Myfxbook:
The Forex King EA has been verified profitable by MyFxBook in the long term and has achieved impressive returns. The advisor shows good XAUUSD (Gold) trading potential and high profit rate.
Initial Deposit: $10,000
Total Gain: +187.05%
Average Daily Profit: 1.40%
Average Monthly Profit: 53.56%
Maximum Drawdown: 9.92%
Forex King Ea Myfxbook
Forex King MT4 Myfxbook
2. Forex Kingle EA Backtest:
The Forex King EA backtest trading results achieved impressive profit performance for 8 months on the EURUSD pair. The advisor showed the ability to maintain safe stars on the 5-minute chart.
Initial Deposit: $1,000
Total Net Profit: $1,859.24
Win Rate (% of total): 76%
Maximum Drawdown: 30.52%
Forex Kingle EA Backtest
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | M1, M5, M15, M30, H1 |
| Currency pairs | XAUUSD (Gold), EURUSD, GBPUSD, AUDNZD |
| Minimum / Recommended leverage | 1:50 |
| Minimum / Recommended deposit | $500 |
| Setup files | Available |
| Product type | NoDLL / Unlimited / Unlocked |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
1. Experts:
✅ Forex Kingle Scalper EA_fix.ex4
2. SetFiles:
✅ GBPUSD_M5.set
✅ EURUSD_M5.set
✅ FX Pairs_FixLot.set
➡️ Setting Guide: View here
Conclusion
In short, Forex Kingle EA emerges as a robust tool in the realm of automated trading. With its advanced algorithm, risk management features, and consistent profitability, this EA offers traders a potential avenue for optimizing their trading strategies. Whether you’re a novice or an experienced trader, the user-friendly interface and versatile trading capabilities make Forex Kingle EA a valuable addition to your trading toolkit.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is the best timeframe for Forex Kingle EA?
For the highest accuracy and frequency, Forex Kingle EA is most effective on the M5 (5-minute) chart, though it supports M1 and H1 as well.
❓ Which currency pairs are recommended for Forex Kingle EA?
The EA is optimized for EURUSD, GBPUSD, and AUDNZD. It has also shown significant potential when trading XAUUSD (Gold).
❓ What is the minimum deposit to run Forex Kingle EA?
The recommended minimum deposit is $500. This ensures sufficient margin to handle the scalping frequency and potential intraday drawdowns.
❓ Is Forex Kingle EA suitable for beginners?
Yes. It features a user-friendly interface and comes with pre-configured SetFiles (like GBPUSD 5M.set), making the setup process straightforward for novices.
❓ Does it work on MetaTrader 5 (MT5)?
No, Forex Kingle EA is specifically designed for the MetaTrader 4 (MT4) platform.
❓ How does the "Autolot" feature work?
The Autolot feature in Forex Kingle EA automatically calculates the trade size based on your account equity, allowing your profits to compound over time.
❓ Is a VPS necessary for Forex Kingle EA?
Highly Recommended. To ensure the high-speed scalping algorithm never misses a signal, a low-latency Forex VPS is essential for 24/5 operation.
❓ What is the typical drawdown for Forex Kingle EA?
Live verified results show a low drawdown of ~9.9%, though aggressive backtests on M5 have seen drawdowns reach 30%.
❓ Does Forex Kingle EA include risk management?
Yes. It incorporates robust risk-reward ratios and customizable order settings to safeguard your capital against sudden market shifts.
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