Introduction
Let's cut to the chase. Dashboard Trading Made Simple is yet another trading robot on the market. It's supposed to simplify trading, automate decisions, and make you some profits. Well, let's see if it lives up to its name. For those who haven't heard about it yet, detailed statistics are available on its official website here. For now, let's get into the nitty-gritty of setting it up and making it work.Installation and Setup
Alright, so you’ve decided to give this robot a shot. Here’s how you install and configure it:- Download the .ex5 file from the seller's website.
- Open your MetaTrader 5 and navigate to the File > Open Data Folder.
- Go to the MQL5 > Experts directory.
- Drag-and-drop your .ex5 file into this directory.
- Restart MetaTrader 5.
- Locate the robot in the Navigator panel under Expert Advisors.
- Drag it onto your desired chart.
- A settings window will pop up. Here, you can tweak parameters like Risk Level, Lot Size, and Trading Hours.
And that's it—you’re all set. Whether the robot will actually make you money is another story.
Experience Using the Robot
So, I tried Dashboard Trading Made Simple. It runs, it trades, and sometimes it even wins. But let's not pretend it's some sort of market wizard. Here's a quick rundown of my experience:- The robot tends to perform well in trending markets.
- High volatility? Not so much.
- Risk management needs work—it's not exactly conservative.
- Inconsistent performance across different currency pairs.
It's not a nightmare, but don’t expect to retire next week.
Tips for Improving the Robot's Performance
You want to squeeze every bit of performance out of this thing? Here are some tips:- Backtest extensively before you go live. Know what you're dealing with.
- Optimize the settings for different market conditions.
- Use VPS to ensure it's running 24/7 without interruptions.
- Monitor spreads and avoid trading during high spread times.
You can't change the robot's core logic, but you can at least make it work for you.
Source Code for Dashboard Trading Made Simple
Here's the kicker—we don't actually have the source code for the original Dashboard Trading Made Simple sold on MQL5. But don't worry; we can create a robot based on its description from the MQL5 seller's page. If any of you code junkies have questions about this, feel free to ask. Remember, this is a sample code from easytradingforum.com, inspired by the description of Dashboard Trading Made Simple on MQL5.Our team at EASY Trading Team doesn't sell the Dashboard Trading Made Simple. We've just made a robot based on its description. So, if you have any questions about this copy, hit us up.
Code:
You don't have permission to view the code content. Log in or register now.Download Dashboard Trading Made Simple - Easy Trading Team's Version
Looking to get your hands on the version we've built? You can download it here. Just remember, we aren’t selling the original; we've only created an algorithm based on the openly available description.So, there you go. Another trading robot dissected. Feel free to leave a review if you’ve used it. We are not aware of any reviews for this product. Invite the reader to leave a review. No reviews No rating formed. Ah, the magic of community feedback.