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King Robot Manual

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100% found this document useful (1 vote)
1K views8 pages

King Robot Manual

Uploaded by

Lê Trung Dũng
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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The King Robot

Installation and Setup Manual


https://www.leapfx.com
[email protected]

Copying This Manual Or Software For Distribution Without Permission Is Strictly Prohibited.
King Robot - Copyright 2023, All Rights Reserved.
Disclaimer and Risk Warnings
Trading any financial market involves risk. The content of this e-book, its various associated websites and all related
correspondence are neither a solicitation nor an offer to purchase or sell any financial instrument.

Although every attempt has been made to assure accuracy, we do not give any express or implied warranty as to its
accuracy. We do not accept any liability for error or omission. Examples are provided for illustrative and educational
purposes only and should not be construed as investment advice or strategy.

No representation is being made that any account or trader will or is likely to achieve profits or losses similar to those
discussed in this e-book. Past performance is not indicative of future results.

By purchasing the software, subscribing to our mailing list or using the website you will be deemed to have accepted
these terms in full.

The King Robot / LeapFX Team, their representatives and associates do not and cannot give investment
advice.

We endeavor to ensure that related websites are available 24 hours per day but we cannot be held liable if, for any
reason, a site is unavailable.

The information provided in this e-book is not intended for distribution to, or for use by, any person or entity in any
jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us
to any registration requirement within such jurisdiction or country.

There are numerous factors related to the market in general and to the implementation of any specific trading
program, which cannot be fully accounted for in the future of performance results, all of which can adversely affect
actual trading results.

We reserve the right to change these terms and conditions without notice. You can check for updates to this disclaimer
at any time without notification.

The content of this e-book and all related websites and correspondence are copyright and may not be copied or
reproduced.

U.S. Government Required Disclaimer


Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large
potential risk. You must be aware of the risks and be willing to accept them in order to invest in the FOREX, futures
and options markets. The past performance of any trading system or methodology is not necessarily indicative of
future results.

Copying This Manual Or Software For Distribution Without Permission Is Strictly Prohibited.
King Robot - Copyright 2023, All Rights Reserved.
IMPORTANT Recommendations

The following recommendations are to help you get the best and most profitable experience from your use
of this software and trading Forex in general.

Please consider following these recommendations as we have reviewed them and utilized them for years
successfully – including hundreds of other traders we work with.

Which Forex Broker Should You Use?

This is a broker we highly recommend. They are respectable and work well with LeapFX trading systems,
promptly handle withdrawals, and offer good support.

The broker is Blaze Markets you can find them here: https://www.blazemarkets.com

Blaze Markets is a broker created by traders that got tired of dealing with poorly run brokerages. They
wanted to create one that supports robot trading with optimal conditions. They have very fast execution
speeds and competitive pricing.

After signing up with the broker download and install Meta Trader 4, which is provided free by them.
(Please choose 100 – 200 leverage, we prefer 200).

Account Type to Use

PRO accounts are preferred with lower spreads and good processing but works with STANDARD accounts
too. Minimum recommended deposit is $1,000 to $2,000 minimum to maintain safer risk with margin. Even
better would be $3,000 to $5,000. More funds in the system help it perform far better.

Copying This Manual Or Software For Distribution Without Permission Is Strictly Prohibited.
King Robot - Copyright 2023, All Rights Reserved.
Use A VPS and Everything Will Run Even If Your Computer is Off…

You can avoid leaving your computer on and access your platform from any mobile device using a virtual
server. We highly recommend using a VPS always for trading.

Click the link below to learn more about what a VPS is, why we recommend them, and the most reliable
and affordable options that we recommend (they are inexpensive).

The preferred VPS service is the CNS option on the page, and selecting London Data Center when
prompted.

Click Here for VPS Recommendations - https://www.leapfx.com/vps

Want Someone to Install And Setup The King Robot For You?

Don’t feel like setting up the software or prefer someone else to do it for you? Not a problem, click the link
below and have a pro do it for you.

https://www.fxinstall.com - https://www.fxinstall.com

Don’t Forget to Activate The King Robot In Members Area

If you haven’t already, please go back to member’s area and scroll down to the section where you must
activate The King Robot with your broker MT4 account number / login number.

This is necessary to allow the software to run on your account. It can be changed anytime if you choose to
switch accounts or brokers. It’s 1 account per license at a time.

Click Here To Go To Members Area - https://www.leapfx.com/kr-members/

Copying This Manual Or Software For Distribution Without Permission Is Strictly Prohibited.
King Robot - Copyright 2023, All Rights Reserved.
The King Robot Installation AND Setup

Thank you very much for your purchase, welcome to the The King Robot System.
In this guide, we will look at how to install your EA and how to set it up.

1-Installation
1. Install Meta Trader 4 platform provided by your broker free and open it.

2. You will need to do the following configuration. At the top of MT4, Click Tools>Options>Expert Advisors.
Check the same boxes as indicated below, then click Ok:

3. On the top of Meta Trader 4 make sure the AutoTrading button is pushed in and GREEN, click it if it’s
RED.

4. To install King Robot you will need to load the KINGROBOT.ex4 file into the platform's data folder: At
the top left of the platform click File>Open Data Folder>MQL4>Experts> and place the .ex4 file there. Go
back to Data Folder and look for Presets, and place the KingRobotAggressive file in there (optional if you
want aggressive trading). Now restart the MT4 platform.

5. You should see Navigator window in your Meta Trader 4 platform on the middle left with KING ROBOT in
it (if you don’t see it please click the + sign next to Expert Advisors):

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King Robot - Copyright 2023, All Rights Reserved.
2-Set-Up
6. Now we need to open the windows within Meta Trader 4 for the currency pairs that the robot will be
trading on. To do this click the File button at the top left, then click on New Chart, then you will look for the
following currency pairs and click them to open or right click on the pairs in Market Watch (a box with
currency pairs on left side of the platform) and click Chart Window (if the pair is missing, right click in the
box and click SHOW ALL).

These are the pairs to open: GBPUSD, USDCHF, USDCAD, AUDUSD

Some brokers have a suffix to their pair, for example: EURUSD+ or EURUSD.pro. So just make sure the
instrument is correct and able to be traded. It does not matter if there is a suffix to the pair, it will still work
with the software.

Now you need to hit the H1 button on ALL of the charts to get them all to 1 hour timeframe – click on each
chart one at a time, then click H1 at the top one at a time – you can see the H1 button in the image below...

Once you have all the charts open on the 1 hour timeframe, drag the KING ROBOT to EACH of the charts
from the left side where you see it under Expert Advisors, once it’s placed on the chart
a box will come up, make sure the check marks match below…

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King Robot - Copyright 2023, All Rights Reserved.
Next click INPUTS to find the robot settings… (Lot size recommendations are below)

Under inputs… enter your RECEIPT Code into the RECEIPT field (don’t forget to activate your copy
first in members area), then…

For…

1. For less aggressive trading use default settings and only change the Lots setting based on the
recommendations below.
2. If you would like to use MORE aggressive trading, same as our account, then you need to load the
aggressive settings first, by clicking LOAD, then you should be in the Preset folder if not click
Presets and then choose KingRobotAggressive, click OK. Then adjust Lots and click OK – refer to
below for Lots.

RISK and Lots.


Now let’s discuss the Lots and risk sizing.

Below are recommendations for lot sizes based on risks you would like to apply. Please note, that if you
want to use more funds you can simply divide the amount below into your account size then multiply that
number by the lot size to get the recommend lot size.

For example if lot size is .1 lot for $10,000, and you want to trade $20,000. Then divide $20,000 by
$10,000 = 2. Multiply 2 by .1 = .2 Use .2 lots for $20,000.

Feel free to choose a lot size within the ranges provided. We suggest starting with low to medium risk as
lot sizes do incresae by the system.

$1,000 - $2,000

Low Risk = .01 to .02 LotSize


Medium Risk = .03 to .04 LotSize
High Risk = .05 to .06 LotSize

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King Robot - Copyright 2023, All Rights Reserved.
$3,000 - $5,000

Low Risk = .03 to .04 LotSize


Medium Risk = .05 to .06 LotSize
High Risk = .07 to .08 LotSize

$10,000

Low Risk = .05 to .06 LotSize


Medium Risk = .07 to .08 LotSize
High Risk = .09 to .1 LotSize

Once done editing settings click OK. Then the robot will run, you can let it run 24 / 7
without touching it. Make sure there is a HAPPY FACE on the top right of each chart.

Other settings description. You can access the Expert settings at any time to make changes to your
inputs when the EA is running, you don’t need to keep dragging to a chart, right click on the chart and you
will see expert advisors -> then properties

Make sure NO errors in journal and expert tab if you are concerned it is not working at
anytime.

That is it. Configuration is finished! Let it run on its own 24/7. A VPS is HIGHLY
Recommended - A VPS means it will run even if your computer is off and doesn’t need to
be installed on your computer.

Settings Descriptions – Note, here are a definition of the settings you can adjust. Please be careful
adjusting as it will dictate how the robot operates.

Receipt – This is the receipt code you received upon purchase and were emailed. You used this to
activate the robot.
Lots – This is the initial lot size used by the robot when trading commences. It can and will increase lot
sizes at times.
TakeProfit_USD – This is a multiplier of the take profit. It is used to calculate take profit. Default is best.
StopLoss_PIP – This is the stop loss in pips used for each trade.
CoveringLoss_Percent –If a trade is lost the robot will aim to recover the trade plus a % of profit on top.
100 would be recovering the full amount. Anything about it would recover that amount plus profit on top. If
set to 0. It will use fixed lots.
MaxOrder – If the robot loses this many trades in a row, the robot will stop trading and you’ll have to
increase this number to continue. Or reset the robot by re-attaching it.
MaxPip_TP – The max pip profit the robot will aim for. It can be dynamic.
MaxSpread_Point – No trades will be open if spread exceeds this number. 50 = 5 pips.

Copying This Manual Or Software For Distribution Without Permission Is Strictly Prohibited.
King Robot - Copyright 2023, All Rights Reserved.

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