Gap Catcher Trading Robot: A Cautiously Optimistic Guide
At first glance, Gap Catcher might appear to be just another trading robot in the overcrowded market of Expert Advisors (EAs). However, an in-depth look would suggest that there might be more to this seemingly ordinary EA. Despite our inherent skepticism about trading strategies, this robot has managed to evoke some positive reviews.
So let's explore this much-talked-about tool with a detailed guide and comprehend how to optimally exploit this robot to yield the maximum benefits.
Setting Up and Configuration of Gap Catcher
While most paid EAs often miss out on offering an intuitive setup, Gap Catcher deviates from the norm. Installation is rather direct as the product comes with an executable file that you need to copy and paste into your MT4 or MT5's expert's directory. Successive platform restart unfolds the EA in your Navigator windows, ready to be dragged onto the desired chart.
But what about the set of parameters? Well, Gap Catcher's configuration resonates with its installation's straightforwardness. The parameters are relatively direct, owing to the robot's emphasis on quality over quantity. You can customize everything from the order's volume to the StopLoss levels, making it quite user-friendly. Note that each order carries a StopLoss, ensuring that your risk is always under control.
Experience with Gap Catcher
Our time with the Gap Catcher has been satisfactory, albeit not astonishing. We appreciated its crisp and uncomplicated working mechanism while ensuring an adequate risk control system. The robot doesn't bombard you with numerous signals. Instead, it focuses on generating quality trades.
Improving Your Experience with Gap Catcher
While Gap Catcher is designed to function autonomously, you can tweak a few aspects to improve the overall trading experience. First, ensure that your platform is running round the clock for the EA to monitor the market effectively. Second, employ a proper money management strategy. Even though the EA provides StopLoss, it doesn't guarantee a 100% success rate. Hence, proper risk management is still advisable.
The Mystery of Gap Catcher Source Code
The source code of Gap Catcher is not publicly available. However, should your curiosity get the best of you, the EASY Trading Team has developed a code based on the Gap Catcher's description from MQL5. Although we do not sell the Gap Catcher robot itself, we can offer this base code to satisfy your curiosity. Any queries related to the code can be fielded on our forum.
easytradingforum.com.
Code:
You don't have permission to view the code content. Log in or register now.Downloading Gap Catcher: Anticipate the Surprise
Excited to discover what the fuss is about? You can find the Gap Catcher for download on the MQL5 website. Remember, the EASY Trading Team doesn't sell the Gap Catcher. We can, however, provide some directed consultation on using and adapting the tool based on its description. So, go ahead, give Gap Catcher a try, and unravel the mystery yourselves.
(Before you venture, we would remind you again: always trade with caution, and don't forget to set your StopLoss levels.)