Introduction
The trading robot Doushoku Samourai is a highly acclaimed tool in the ever-volatile forex market. It’s designed for both novice and experienced traders looking for a reliable, automated trading solution. However, no trading robot is a silver bullet, and each has its own set of quirks and potential pitfalls. So, let’s dive into the world of Doushoku Samourai, understand how to install and configure it, and how you can get the most out of it—if that’s even possible.Installation and Configuration
First, you need to download the robot from the Doushoku Samourai page. Once you’ve got it, you can follow these steps:1. Open MetaTrader 5.
2. Navigate to File > Open Data Folder.
3. Move to the MQL5 folder and then Experts.
4. Copy the Doushoku Samourai .ex5 file into this directory.
5. Restart MetaTrader 5.
6. In the Navigator panel, right-click on Expert Advisors and click Refresh.
7. Drag and drop Doushoku Samourai onto your selected chart.
8. Configure the input parameters to match your risk tolerance and trading style.
Too easy, right? But don’t get too comfortable; setting up isn’t the same as profitability.
Experience with Doushoku Samourai
My experience with Doushoku Samourai has been, let’s say, cautiously optimistic. The robot has a high rating, which might make you think it’s flawless. User Wenham rated it a perfect 5, calling it test good. However, in the real trading world, backtests and live trading often yield different results.Performance can be decent under specific market conditions, but don’t expect it to mint money leisurely. Monitoring its activity is crucial.
Tips for Improving Performance
Want to squeeze every drop of efficiency out of Doushoku Samourai? Here’s what you can do:
Optimize Regularly: Periodic optimization is vital to adapt to changing market conditions.
Risk Management: Always stick to a risk management strategy. Never risk more than 2% of your capital per trade.
Use VPS: A Virtual Private Server ensures that your robot runs 24/7 without interruptions.
Stay Updated: Regularly check for updates and patches.
Backtest: Regularly backtest the robot with historical data to ensure its settings are still relevant.
Source Code of Doushoku Samourai
We don’t have access to the original source code of Doushoku Samourai, sold on MQL5. However, based on its description, we can create a version of the code. Feel free to ask your questions about the code on easytradingforum.com. Remember, the EASY Trading Team doesn’t sell the Doushoku Samourai itself but offers a similar trading robot based on its described functionality.
Code:
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