Introduction
Trading with forex robots is either the genius move that made you rich or the thing you blame for eating away your capital. Meet EVO Exclusive EA, the trading robot that’s getting all the hype on Forex Robot Easy. A bunch of reviews are raving about its potential, while others, well, not so much. If you want to take the plunge, here’s how to install and configure this robot for maximum efficiency. But remember, don't get your hopes too high.
Installation and Configuration
First thing’s first, if you can’t install and configure this robot, you might as well go back to trading manually. Here’s the straightforward guide:
- Download the EA: Head over to MQL5, find EVO Exclusive EA, and download it.
- Open MetaTrader 5: Launch your MetaTrader 5 platform.
- Install the EA: Go to the File menu, click Open Data Folder, navigate to the MQL5/Experts directory, and paste your downloaded EA file there.
- Activate the EA: Restart MetaTrader 5, look for EVO Exclusive EA in the Navigator panel under Expert Advisors. Drag and drop it onto your desired chart.
- Configure settings: Fill in your parameters. Given “dong sun”’s query, you can add a time management function. Make sure to set it to start at 11:30 and end at 19:30.
I know, it’s like following a recipe from a microwave dinner box, but hey, it works.
User Experience
Look, you’ll find a mixed bag of opinions on EVO Exclusive EA. Here are some highlights:
“common1990”: Thinks this EA is close to turning water into wine, always updating to get better.
“spetrosyan1979”: Finds it good with a low ping, but thinks the documentation needs a PhD to understand.
“irina2020”: Absolutely loathes it. Claims a 24% loss in two weeks. Blames the broker, blames the settings, blames everything but the EA itself.
Not surprised, people will always see what they want to see.
Tips for Improvement
Here are some useful tips to make this robot work better, or at least not blow up your account:
- Tune your time management settings: As suggested by “dong sun”, setting precise start and stop times can help in avoiding high-volatility periods.
- Optimize parameters: Get a grip on those settings. “spetrosyan1979” raised a valid point. The more you know your tool, the better it works for you.
- Backtesting: If you’re not backtesting, you’re basically gambling. Test the EA on historical data to see how it performs.
- Adjust lot sizes: Start with smaller lot sizes to mitigate risk. You’re not here to get rich overnight, right?
Keep tweaking; you never know when you strike that sweet spot.
Source Code of EVO Exclusive EA
Wouldn’t it be nice to peek under the hood of this robot? Sadly, the actual source code is locked away. However, based on its description from MQL5, our team at EASY Trading Team has created a version of the code. If you’re the DIY type, you can always use our example code from easytradingforum.com. Remember, it’s not the original but a pretty close impersonation.
Code:
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Ready to test your luck (or skill) with EVO Exclusive EA? Download it from Forex Robot Easy. If you’ve got any questions regarding the code, feel free to ask. Just a heads-up, our team doesn’t sell the original EVO Exclusive EA; we merely provide a sample code based on its description.
So there you go. If this trading robot doesn’t make you rich, at least you’ve got something new to blame for your losses.