Question 1

What type of strategy does K1 Gold Bot MT4 use?

Accepted Answer

It is a trend-based Gold trading EA with fixed lot sizing and tight trailing stop protection.

Question 2

Is it suitable for beginners?

Accepted Answer

Not recommended for beginners due to the high minimum lot size (1.0 lot). It is better suited for experienced traders with larger accounts.

Question 3

What is the risk level?

Accepted Answer

Medium to High — The combination of high minimum lot and tight trailing stop can lead to significant drawdowns if the market moves against the position.

Question 4

Does it use Martingale or Grid?

Accepted Answer

No. It uses a clean, fixed-lot approach without lot multiplication.

Question 5

Why does it close positions on Fridays?

Accepted Answer

To avoid weekend gap risk by locking in profits before the market closes.

Question 6

Can I change the lot size?

Accepted Answer

The lot size is fixed between 1.0 and 4.0. You cannot set it lower than 1.0 in the current settings.

Question 7

What account size is recommended?

Accepted Answer

At least $10,000 because of the 1.0 minimum lot requirement.

K1 Gold Bot MT4Premium

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