Introduction: Trading with the ADXW Cloud Robot
Trading with the ADXW Cloud Robot can be as exciting as watching paint dry. But hey, in trading, excitement is often inversely correlated with success. This robot, blessed with an average rating of 4.5 stars by some overly-enthusiastic users, seeks to make use of the ADXW indicator to inform its buy/sell decisions. Let's see what it's got.Installation and Setting up: Making the Robot Work
Installing the ADXW Cloud Robot is similar to installing any other trading robot. You just drop the .ex5 file into your MQL5 'Experts' folder, refresh your MT5 Expert Advisors list, and add the robot to your chart. Simple, eh?In configuring the robot, you have a plethora of settings at your disposal, including ADX period and applied price type, to name a few. Make sure to test various configurations to find the optimal one. I suggest using a demo account for this, unless you're a fan of costly trial and error.
Experience: When Boredom Turns Into Pips
My experience with the ADXW Cloud Robot has been quite the spectacle, albeit a rather dull one. The robot does its job; it places trades based on the ADXW indicator. However, whether it does job well is another matter.But don't just take my word for it, our dear users seem to be quite fond of this robot. GordonPsmn has found it very useful for precision entries and exits when combined with other indicators while Detleff Böhmer calls it a helpful indicator, good work. Even norbee01 seems to be in love, saying I really like it, thanks for creating it.
Improvement Tips: Because Perfection is a Journey
In trading, there's always room for improvement. For the ADXW Cloud Robot, one way to improve its performance could be by integrating it with other indicators or strategies. This can lead to more robust trade setups and potentially increase profitability.ADXW Cloud’s Source Code: The Masterpiece Behind the Curtain
Now, don't get too excited. The original source code of the ADXW robot that is being sold on MQL5 remains a mystery. Nevertheless, we at EASY Trading Team have created a version of the code based on the robot's description. It’s not the original but hey, you can't always get what you want, but if you try sometimes, you might find, you get what you need.
Code:
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The code is available for all you eager beavers at EASY Trading Forum. And if you have any questions about the code, feel free to ask. Just remember, this is a code inspired by the ADXW Cloud Robot sold on MQL5. The EASY Trading Team does not sell the ADXW robot, this is just our attempt at recreating a similar trading algorithm based on its description.- Installation is easy, fast, and straightforward.
- Tune the settings to optimize the robot for your trading style.
- Make use of the lively user community for tips and tricks.
- In case of any queries regarding the code, don't hesitate to ask.
In trading, as in life, remember that there are no guarantees. Always use appropriate risk management. Happy trading!