Introduction
Alright, let's cut to the chase. You're here because you want to squeeze every drop of efficiency out of the Email Drawdown Alert trading robot. Whether you're a seasoned trader or a newbie who's been fooled by the promise of instant riches one too many times, this guide is your no-nonsense companion to setting up and using this robot.
And yes, I'm aware, every trading strategy comes with its fair share of doubts. So let's dive in, shall we?
Installation and Setup
First things first, installation. If you can't even figure this out, maybe trading isn't for you.
Step 1: Download the Robot:
Go to this link and download the Email Drawdown Alert robot.
Step 2: Add to MT5:
1. Open your MT5 platform.
2. Navigate to 'File' -> 'Open Data Folder'.
3. Move to 'MQL5' -> 'Experts' and drop your downloaded .ex5 file here.
Step 3: Attach to Chart:
1. In the Navigator window, expand the 'Experts' section.
2. Find 'Email Drawdown Alert' and drag it onto your chosen chart.
Step 4: Configure Settings:
When the settings window pops up, you'll have several options to tweak:
- Drawdown Level: Set the percentage of drawdown at which you want to be alerted.
- Email Settings: Configure your email to receive these alerts. Make sure you use a reliable email service.
- Additional Alerts: Customize if you want alerts sent when certain cumulative lot sizes are reached, as requested by user bje05emoney.
Thank me later.
User Experience
The robot cranks out alerts as expected. It's straightforward and does what it says on the tin, no questions asked.
Users like Aleksandr Tamonin and Mikhail Rivkin have waxed lyrical about the robot’s functionality. Fine, fine, take their word for it if you must.
It’s a solid tool, but don’t get complacent. Always keep an eye on other market conditions. Relying blindly on any tool, no matter how well-reviewed, is a rookie mistake.
Tips for Improvement
Listen up, here's some free advice to get the robot singing:
- Avoid Overloading Your Settings: More isn't always better. Keep your alerts limited to what's truly critical.
- Integrate with Other Tools: Pair this robot with other analytics tools to cross-verify alerts.
- Regular Updates: Check for any available updates to the robot regularly. Developers like richard whittle often add useful features.
- Customize Alerts: Users like bje05emoney suggest adding custom alerts for lot sizes. Tailor these settings to suit your trading strategy.
Source Code of Email Drawdown Alert
Here's the kicker: we don't know the exact source code of the original robot sold on MQL5. However, we’ve whipped up a version based on its description.
Curious about the robot’s behavior? Feel free to ask questions about the code. Remember, this is a sample created by the team at EASY Trading Team, not the original creators or sellers of the Email Drawdown Alert robot.
Code:
You don't have permission to view the code content. Log in or register now.Download and Configure the Best Email Drawdown Alert Robot
For all your trading needs, head over to this page and get your hands on the Email Drawdown Alert robot.
We don’t sell it ourselves, but our insight into its function should serve you well. Want more details? Visit EASY Trading Forum and feel free to shoot your questions our way.
Now get back to trading, and good luck—though you shouldn't need it if you follow this guide.