Recommended Settings
To get the most out of EA KingKong V1.5, it’s important to configure it according to the recommended settings provided. These settings will maximize the profitability and efficiency of the EA while mitigating risk. Below are the optimized configurations:
- Lot Size: 0.01 for every $100 of deposit
- Risk Management: 2% risk per trade
- Stop Loss: 30 pips
- Take Profit: 50 pips
- Trailing Stop: Enabled
- Leverage: 1:500 recommended
These settings are crucial for controlling your risk and ensuring smooth operation in varying market conditions.
Minimum Deposit
The minimum deposit required to run the EA KingKong V1.5 MT4 efficiently is $300. This ensures sufficient capital to handle drawdowns while maintaining healthy account growth.
Timeframe
For optimal performance, EA KingKong V1.5 MT4 should be run on the H1 (1 Hour) timeframe. This allows the EA to gather enough market data to make informed trading decisions without overtrading.
Currency Pairs
EA KingKong V1.5 MT4 is compatible with a wide range of currency pairs, particularly focusing on major and minor pairs with high liquidity.
Key Features
- Fully Automated: Eliminates the need for constant monitoring, allowing traders to focus on other tasks.
- Risk Management: Built-in risk management features such as stop loss and trailing stop to protect against large drawdowns.
- Customizable Settings: Adjust key parameters like lot size, risk percentage, and trading style to match your preferences.
- Real-Time Data: Utilizes real-time market data and analysis to ensure accurate entry and exit points.
- Market Adaptability: Can adapt to trending and ranging market conditions, ensuring consistent performance across different scenarios.
Strategy
EA KingKong V1.5 MT4 employs a sophisticated trend-following strategy with a focus on price action and technical indicators such as Moving Averages, RSI, and Bollinger Bands. The EA scans the market for high-probability setups based on momentum and volatility analysis. It aims to capture significant price movements during key market trends while filtering out false signals with the help of its advanced algorithms.
The EA uses a combination of stop-loss, take-profit, and trailing stops to optimize profit potential and minimize risk. In trending markets, EA KingKong excels by holding positions for extended periods, whereas in ranging markets, it capitalizes on short-term movements by quickly entering and exiting trades.
Conclusion
EA KingKong V1.5 MT4 is a powerful tool for any trader looking to automate their trading and reduce manual intervention. Its advanced algorithms, combined with its dynamic risk management system, make it one of the most reliable and profitable EAs available for MetaTrader 4. Whether you’re a beginner or an experienced trader, EA KingKong can help you achieve consistent results by capturing profitable trading opportunities in the market.
Download Link:
https://www.forexfactory.cc/product/ea-kingkong-v1-20/
Telegram Link:
https://t.me/+gt2SSOCd8EBjMWZl
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