UPKingbot: an anti-crisis source of income

The pandemic and lockdowns have changed this world very much. Business is actively entering the Internet, people come to look for new opportunities for earning. The need to reduce the number of contacts was formed by a sustainable method of automating many processes. The period of general quarantine increased the demand for trade works. When you have to stay at home most of the time, you can create a new source of passive income that is not affected by the crisis.

What is UPKingbot?

UPKingbot is a software complex created to automate trading on the foreign exchange market. It is based on mathematical algorithms. UPKingbot is written in the MQL4 language and supports version 4 of MetaTrader platforms.

The trading strategy of the UPKingbot advisor is built on the analysis of artificial intelligence environments and operates according to the Martingale method. The product is designed to work on the international currency market.

The UPKingbot system includes modifications to increase the efficiency and profitability of its trading. Including:

• multi-level lacquering

• closing the drawdown on the account

• limits for opening transactions

• stabilization of lot formation

Forex advisor strategy includes several stages. First, the system selects the direction for entering the market. Next, the volume of trading lots and the level of take-profit are determined. The profit point is averaged according to the system settings.

Multi-currency works

UPKingbot is a multi-currency robot, it generates signals and executes transactions. With its help, you can make money in the market even without experience. The program tracks the movement of several currency pairs with forward and reverse quotes. All activities are performed faster than manually.

Depending on the financial asset, multi-currency robots use several trading strategies. They are included and excluded depending on the market participants represented. For example, UPKingbot uses a fixed profit strategy on technical indicators. In addition, the system receives aggregated volumes from the market. With their help, the point of entry and exit from trades, construction of the order grid is determined. Another type of strategy based on trading volumes.

Multicurrency UPKingbot strictly follows a program of strategies that is constantly updated and changes with the market. The use of the work excludes personal, often biased conclusions that relate to situations arising in the currency market.

As you know, emotions often lead to a loss in financial transactions.

Of course, the strategy must be developed, rewritten in the form of software code and tested in safe conditions. Only after that you can use the advisor in real trading conditions. UPKingbot has been successfully backtested and can also be tested against historical data. Professional traders, programmers and other technical specialists took part in its development.

How to evaluate the effectiveness of a trading robot?

The effectiveness of a trading advisor can be determined by the most important parameters, including:

• compliance with the declared profitability;

• the level of growth on the trading account;

• a change in the balance to the loss side.

It is important to know: there is no such job that will bring stable income all the time. The market is like a living organism, constantly changing. Accordingly, the action strategy requires constant control, optimization and improvement.

Therefore, before downloading Forex Advisor for free, you need to think twice. Then you will be left without technical support. And the advisor will become obsolete over time. If you decide to purchase a trading robot, you will receive high-quality service for the period determined by the license tariffs.

Recommendations for choosing the best advisor for trading

Tip 1: Choose robots with a trial period. So you can make sure of the effectiveness of the software product for trading. The trial period should include:

• Work license

• Technical management

• Update the program

As a rule, there is also a subscription fee. The UPKingbot product comes with a 1 month trial period.

Tip 2: If you are an initial investor (yes, the bot is an investment), the default settings will apply to you. UPKingbot reviews on multiple trader forums confirm that the product is fully configured and ready to go.

Tip 3: A drawdown on a trading account is an important indicator that you should pay attention to. The stronger the change in the balance to the loss side, the greater the risk of losing money. Drawdown of UPKingbot is only 5%. When it increases, the robot locates positions.