Introduction
So, you've stumbled upon Long Waiting, a trading robot that promises to turn market volatility into your trusty sidekick. At EASY Trading Team, we've seen our fair share of trading strategies come and go. With a rating of 5 and glowing reviews, it's time to dissect this robot, install it, and make it purr like a well-oiled machine. Let's dive in.Installation and Setup
Installing and setting up Long Waiting is straightforward, but let's not get too excited just yet. Here is a step-by-step guide:- Download Long Waiting: Head over to this link and download the robot. Make sure you have a MetaTrader 5 account.
- Install the Robot: Open the MetaTrader 5 platform, click on File → Open Data Folder. Navigate to MQL5 → Experts and copy the Long Waiting .ex5 file into this folder. Restart MetaTrader 5.
- Activate the Robot: Go to Navigator pane, find Long Waiting under Expert Advisors, and drag it onto the chart of your desired market asset.
- Adjust Settings: In the settings window, configure parameters like Lot Size, Take Profit, Stop Loss, and the timeframe. Always start with a demo account to test your settings.
Experience Using Long Waiting
So, how does this robot fare in the real market? Overall, it's a mixed bag. The robot performs admirably in volatile markets, as our friend from Trade Smarts noted. Trading CFDs on indices and stocks is a breeze, but don't expect miracles. Always keep an eye on the performance and be ready to make manual adjustments.Tips for Improvement
If you think Long Waiting is a set-it-and-forget-it kind of robot, think again. Here are some tips to enhance its performance:- Constant Monitoring: Always monitor the trades executed by the robot. Automation doesn’t equate to infallibility.
- Backtesting: Use backtesting to evaluate the robot's performance under different market conditions. This helps in fine-tuning settings.
- Diversification: Don't rely solely on this robot. Diversify your strategies to mitigate risks.
- Risk Management: Implement proper risk management techniques, including setting stop losses and using appropriate leverage.
Original Source Code of Long Waiting
Do we know the exact source code for the Long Waiting robot? Not really. The code you're getting is based on the description provided on the MQL5 website. So, if you've got burning questions about the code, feel free to ask. Remember, this is an example code from easytradingforum.com, crafted from the available information. We're not selling the Long Waiting robot; we're just providing you with a code based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Download Long Waiting Trading Robot
If you’re ready to give it a shot, download the Long Waiting trading robot from forexroboteasy.com. Install, configure, and don't forget to test in a demo environment.Got questions about the code? Fire away. Just remember, we're not selling the Long Waiting robot, but we've created a version based on its description to help you out.
Happy trading, and may the odds be ever in your favor.
