King Robot (By leapfx)

Gain : +1201.38%
Drawdown 15.82%
Pips: -1791.5
Trades 3347
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

King Robot Discussion

May 16, 2023 at 00:27
2,800 Views
25 Replies
Member Since May 22, 2018   200 posts
Jul 08 at 19:44
Yes you can use any you prefer that offers meta trader platform.
Member Since Jul 09, 2024   3 posts
Jul 09 at 19:15
Why has this account been seeing such dismal (in comparison) returns for the past few months? Did LeapFX turn it to a less aggressive setting? If so - why? Is there something about the current market that I don't know that has become more risky with this strategy? I would feel more confident becoming a user if returns had not suddenly dropped so low for so many months.
Member Since Jan 16, 2024   1 posts
Jul 10 at 10:55
The results have not been impressive. I can’t recommend King at this time
Member Since Jul 09, 2024   3 posts
Jul 10 at 13:48
fstmkt posted:
The results have not been impressive. I can’t recommend King at this time
This has been what my friends using it are seeing. The speed of their VPS and brokerage, any tweaked settings, could be factors in their specific cases, but when I see the live account here doing 5% and under it isn't attractive to me on top of their data. While they aren't in drawdown like 60% of my peers, they are also using a much larger account at this point. I think LeapFX does good work, although all EA's have their time to shine before they seem to become irrelevant. I will be curious to see if they have a new one come out that is as initially successful as King Robot, and perhaps give it a shot then.
Member Since May 22, 2018   200 posts
Jul 10 at 15:47
Returns didn't necessarily drop, we just haven't increased the starting lot size as account has grown. So $ may be same , but % goes down as account goes up. King Robot has bursts of profit. Then slow periods, that's normal. But it will continue.
Member Since Jul 09, 2024   3 posts
Jul 11 at 14:59
leapfx posted:
Returns didn't necessarily drop, we just haven't increased the starting lot size as account has grown. So $ may be same , but % goes down as account goes up. King Robot has bursts of profit. Then slow periods, that's normal. But it will continue.
Hi LeapFX,

Thanks for answering, I appreciate that. I have been very impressed by this bot and your progress, and from many testimonials (online and personal) mostly from last year and the beginning of this year. Your explanation makes sense and also does seem to check out at a glance when I look at the calendar of profits, etc. I'm not experienced enough to deep dive. But even on the most surface level - you never have months in drawdown and constantly see profit, which is better than almost all bots I've checked out. But I am still cautious as I'm watching friends not have the same success as you. But some of their setups I don't know much about other than aggressiveness settings, and another just recently had problems with their ECN broker doing an update and interrupting their process, causing trouble-shooting, etc, while he was previously doing very well with King Robot. I'll continue to consider this bot as I take some of my own classes on mt4 and forex trading. I want to know what I'm doing before I wade into this, as a beginner. Thanks again. I'm still interested in this bot and to see what you guys come up with next. Cheers!
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