Introduction
Trading in Forex can be a high-stakes game, and having the right tools can make all the difference. Enter Easy Virtual Trader, a trading robot designed to simplify and enhance your trading experience. Boasting a high rating of 4.9 and glowing reviews from users, this tool promises to be indispensable for both scalpers and long-term traders. But is it really all it's cracked up to be? Let's dive deep into how to install, configure, and maximize the effectiveness of Easy Virtual Trader.Installation and Setup
Before you start seeing those magical profits some users rave about, you need to know how to set up Easy Virtual Trader. Here's a straightforward guide:- Download the EA: First, visit the official site (forexroboteasy.com) to get the latest version of Easy Virtual Trader.
- Install Metatrader 5: Ensure that you have the Metatrader 5 platform installed on your device. You can't run an EA without it. If you don't have it, download it from the official website.
- Install EA on MT5: To install, open Metatrader 5, go to 'File' then 'Open Data Folder'. Navigate to the 'MQL5' directory and place the downloaded 'Easy Virtual Trader' EA file in the 'Experts' folder.
- Restart MT5: Restart the Metatrader 5 platform so that the EA gets listed under 'Expert Advisors' in the Navigator pane.
- Attach EA to a Chart: Drag and drop Easy Virtual Trader onto any chart. A settings window will pop up.
- Configure Settings: This is where you adjust parameters like lot size, risk management rules, and specific strategies. Make sure you read the accompanying documentation for detailed advice or just stick to the default settings if you're unsure.
- Enable Algo Trading: Make sure the 'Algo Trading' button on Metatrader 5's toolbar is pressed.
And there you go, you're all set to let Easy Virtual Trader do what it allegedly does best.
Experience Using Easy Virtual Trader
Having used dozens of trading robots, let's just say my enthusiasm is tempered by experience. Easy Virtual Trader does what it claims—it manages trades efficiently and offers a range of features that can be beneficial if you know what you're doing.Highlights from user reviews indicate strong points in automated trailing stops, multi-pair monitoring, and ease of use on mobile platforms. But let's face it, no EA is a magic bullet. If you're expecting to install this and sip cocktails on a beach while the profits roll in, you're in for a rude awakening.
Tips for Improvement
Sure, the Easy Virtual Trader has had glowing reviews, but nothing is perfect. Here are some suggestions for improving your experience with this EA:- Break Even Step: Implement a break-even step similar to what's found in the 'EA Easy Trade Manager'. This will help to secure profits once trades move in your favor.
- Auto-Detection Features: Add auto-detection for pair symbols and pip calculation, particularly useful for exotic instruments like cryptocurrencies and metals.
- Custom Parameters for Each Position: Enhance multipair monitoring by allowing custom parameters for each open position. This will provide more granular control over your trades.
- Regular Updates: Always keep your EA up to date to benefit from the latest features and bug fixes. Don't be that trader who runs outdated software and wonders why they're not getting the same results.
Source Code of Easy Virtual Trader
Now, on to a somewhat touchy subject—the source code. The original code for Easy Virtual Trader remains proprietary and isn't openly available. However, if you're a programmer or know one, you can create a similar EA based on the detailed descriptions available on its official page.Keep in mind that while we don't sell the original Easy Virtual Trader, our team at EASY Trading Team has managed to create a robot inspired by its description. Should you have any questions regarding this code, feel free to ask. Remember, this is a representation based on public information and is not the exact software sold on MQL5.
Code:
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