Introduction
Welcome to the pragmatic world of forex trading, where tools are as essential as strategies. Today, let's dive into the utilization of the trading robot Chart Pen PRO. With a rating of 4.5 from users, it's tempting to believe this tool can revolutionize your trading experience. However, let’s keep our heads cool and analyse how to install, configure, and enhance its performance.Installation and Setup
Before we delve deeper, let's start from the ground up: installation and setup of the Chart Pen PRO.- Download: Head over to the official website of Chart Pen PRO and download the robot.
- Install: Open your MetaTrader 5 platform. Go to File > Open Data Folder, then navigate to MQL5 > Experts. Copy the downloaded Chart Pen PRO file into this folder.
- Restart MT5: Close and reopen MetaTrader 5. You'll find Chart Pen PRO in the Navigator window under Expert Advisors.
- Attach to Chart: Drag Chart Pen PRO onto the chart of your choice. This will open the settings window.
- Configure Settings: Adjust the settings according to your trading strategy. From timeframes to risk management, make sure everything aligns with your trading plan.
- Enable Algo Trading: Don't forget to enable algo trading by clicking on the Algo Trading button in the toolbar.
User Experience
Here comes the joyful part—using Chart Pen PRO. According to various user reviews:- Alexander Zimmermann gave it a solid 5, suggesting he's finally found what he's been searching for.
- Satbieter faced some issues with the chart functionality, which could use a quick bug fix.
- Wagner Antonio couldn’t even get past the installation. Pro tip: always follow the manual.
- Franck Serge and Dura Radisic couldn’t be happier, though Dura did suggest a couple of improvements.
Improvements and Tips
While Chart Pen PRO does most of the heavy lifting, there's always room for enhancements.- Bug Fixes: Addressing the issues Satbieter pointed out should be your first priority. Tools that aren't fully functional are as good as paperweights.
- Font Size and Line Thickness: Implement the ability to choose different font sizes and line thicknesses. It’s the small things that count.
- Keep it Updated: Regular updates are crucial for keeping up with market changes and improving functionality.
- Test Before Use: Always test the robot on a demo account before going live. It’s better to be safe than sorry.
- User Manual: Follow the user manual religiously. If Wagner Antonio had done that, he might have been trading instead of struggling.
Source Code of Chart Pen PRO
The original source code of Chart Pen PRO remains a mystery. However, it's possible to create a similar trading robot based on the available descriptions and functionalities listed on MQL5.If you're interested in a tailor-made version, feel free to shoot your questions our way. We'll provide a sample code from easytradingforum.com based on the description of Chart Pen PRO sold on MQL5.
It's worth noting that the EASY Trading Team does not sell Chart Pen PRO but can create a code based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Download Chart Pen PRO for MetaTrader 5
For those keen on upping their trading game, you can download Chart Pen PRO for MetaTrader 5. Should you have any questions or require further assistance, feel free to engage with the community or the support team.In the world of trading, skepticism is your best friend. Test, retest, and always question the effectiveness of every tool. Happy trading!