Introduction
Alright, so you’re interested in using the OHLC Shifted MT4 trading robot. Let’s see if this bot can actually help you or if you’re just setting yourself up for another rollercoaster of false promises. According to users like Hector Manuel and MajidJavan1, this robot is apparently making technical analysis a breeze, but let’s not get ahead of ourselves. We'll cover everything from installation to optimization.
Installation and Setup
First things first, let's talk installation. You don’t need a degree in rocket science for this, but following these steps might save you a headache:
- Download the OHLC Shifted MT4 from this site.
- Launch your MetaTrader 4 platform.
- Go to File > Open Data Folder.
- Navigate to MQL4 > Experts and paste the downloaded file.
- Restart MetaTrader 4.
- In the Navigator window, find the OHLC Shifted MT4 and drag it onto your chart.
- Configure the settings according to your trading strategy.
You’re smart enough to figure this out, right? Let’s not waste more time here.
User Experience
To be honest, my experience with OHLC Shifted MT4 has been a mixed bag. The robot does what it promises: shifting OHLC data to provide different perspectives. However, don’t expect it to be a magic bullet that will turn your $500 account into a mansion on the beach.
Hector Manuel and MajidJavan1 seem to be quite satisfied. Hector even pointed out that multiple instances of the indicator can be applied to a chart. Good for him for figuring that out on his own. But remember, just because it worked for them doesn't mean it will work for you.
Tips for Improving Performance
Here’s a bit of unsolicited wisdom:
- Backtest Thoroughly: Before you go live, backtest this robot across different market conditions. Use historical data to see how well it performs.
- Adjust Settings: The default settings are just a starting point. Modify them to suit your specific strategy.
- Use Risk Management: Don't let greed get the better of you. Use appropriate stop-loss levels and position sizing.
- Stay Updated: Always make sure your trading platform and robot are up-to-date. Outdated software can lead to bugs and miscalculations.
Let’s just say you’ve been warned.
Source Code of OHLC Shifted MT4
Let's address the elephant in the room. The actual source code for OHLC Shifted MT4 is not something we have access to. It’s being sold on MQL5, and unless you’re willing to fork out some cash, you won’t get your hands on the original code. However, you can create a similar robot based on the description provided on the MQL5 website.
Our team at EASY Trading Team has hacked together a sample code based on what’s publicly available. If you’re interested in that, feel free to ask us questions. Just remember, we’re not selling the OHLC Shifted MT4; we're merely providing an example based on available information.
Code:
You don't have permission to view the code content. Log in or register now.Download OHLC Shifted MT4 for Better Trading Results
If you’re convinced, or maybe just curious, you can download the OHLC Shifted MT4 from the official site here. The choice is yours, but remember, every trading bot comes with its own set of risks. Use it wisely, and don’t bet the farm on it.
Got questions about the sample code we provided? Fire away. We're more than happy to help, but let’s keep the expectations realistic, shall we?