INTRODUCTION TO ARROW X TRADING ROBOT
In the infinite ocean of financial algorithms, another trading robot has made its way to the surface, ironically named Arrow X. The robot has caused some curiosity amongst the MQL5 community. Yet, there have been no reviews or ratings formed. Compelling, isn't it? This guide aims to shed some light on this mysterious trading apparatus and provide a functional understanding of it.
INSTALLATION AND SETTING UP ARROW X
Setting up Arrow X is as simple as it gets. You can download it from the official Arrow X website. Please note that an active MT5 platform is mandatory for its functioning.
Once downloaded, proceed to open the MetaTrader5, click 'File', and further 'Open Data Folder'. Locate the MQL5 folder and sub-folder 'Experts'. Paste the downloaded file there. Now refresh the 'Navigator' window or restart your MetaTrader 5 platform. Arrow X should be visible under 'Expert Advisors'.
The configuration is subjective and should align with your trading strategy and risk appetite. However, as the robot is designed for scalping, make sure to utilize it in a high volatility market environment.
EXPERIENCE OF USING ARROW X
Arrow X has been designed for intraday trading and works best in trending market conditions. Take its default settings with a pinch of skepticism. Evaluate the market conditions and adjust the settings accordingly.
IMPROVEMENT TIPS
Constant tweaking could be an antidote to your doubts in this trading strategy. Test it in different market scenarios and on different currency pairs. Employing a risk management strategy can be a good addition to avoid catastrophic losses. Most importantly, remember to backtest before you set it up for live trading.
THE SOURCE CODE OF ARROW X
And now, the million-dollar question - how about the source code of Arrow X? Well, as much as we'd love to, we do not possess the original source code of Arrow X available on MQL5. Nonetheless, we could craft a code based on the description provided. Questions about the code? Feel free to post them on easytradingforum.com
Code:
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In conclusion, Arrow X is yet another warrior on the trading battlefield. Its unique scalping algorithm and compatibility with volatile market conditions make it worth exploring. Do remember that the EASY Trading Team does not sell Arrow X but has only created a representative trading robot code based on its description.
Please feel free to leave your reviews and ratings to contribute to the trading community’s understanding of this trading robot. You can download Arrow X from the official website. For any other queries, post them on easytradingforum.com.