In this post I will be reviewing the multi-currency Forex Kore EA that runs on the popular MetaTrader 4 trading platform, as do most forex robots. The Forex Kore EA is fully automated which as you probably already know means that it can do all of the trading for you if you want it to.
The Forex Kore EA will analyse multiple currency pairs and look for opportunities to place trades, manage them and exit. The Forex Kore EA is suitable for beginners as it does not require any manual trading and can be setup in just 5 minutes following the provided instructions.
In order to use this forex robot, you will need a trading account with a forex broker. With so many brokers to choose from, I have conveniently compiled a list of my best forex brokers to help you quickly and easily choose a broker that meets your needs.
Forex Kore EA Trading Strategy
During each trading session, the Forex Kore EA algorithm reviews past market patterns and makes a prediction of the type of market and the trading strategy to use for the next trade. The Forex Kore EA built in 3 different strategy Short and Long term. Forex Kore EA will try to learn when to trade and when to wait. Unlike some other robots that trade the same in any market conditions, Forex Kore EA will try and adapt its trading strategy to match the conditions. It even tracks the volume for you.
The Forex Kore EA has diversity, trading a portfolio of 10 currency pairs combined. You can choose to choose a few or all depending on your trading style. If I was to trade all, I would make sure that I spread risk accordingly. The major pairs such as the EURUSD & GBPUSD I prefer as I find that they tend to give the best trading conditions such as low spreads and fast execution speeds provided I am using an ECN forex broker.
There is also a Forex Kore Asian Scalper included. The robot has a unique trading strategy. Forex Kore Asia is compatible with all type of MT4 brokers – ECN, NDD and STP is a forex robot which has dynamic volatility entry and exit levels.
Forex Kore EA Back Testing
There are back tests of the Forex Kore Asian Scalper on the official Forex Kore EA website over multiple currency pairs although I would have preferred to see 99.9% modelling quality using real tick data, spread and commissions which can be achieved by back testing in the MT4 strategy tester using Birts Tick Data Suite.
Forex Kore EA Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Forex Kore EA Summary
The Forex Kore EA is a multi-currency automated trading system that shows diversity. It is easy to setup, anyone can install Forex Kore EA in 3 clicks using its 3 step rapid install feature. Instructions, support, updates and guarantee included.