LossLess Neuron

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Apr 15, 2024
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Introduction​

Here we go again with another trading robot that's supposed to make your life easier and your wallet thicker. Meet the LossLess Neuron, a so-called cutting-edge EA. It promises amazing results, but don't they all? We'll start off easy and guide you through the installation and setup, move on to some user experiences, and provide you with some tips for optimizing its performance. Let's face it, though: we're always skeptical until proven otherwise.

Installation and Setup​

Installing the LossLess Neuron EA is pretty straightforward, but if you mess it up, don't say we didn't warn you. Follow these steps:

  • Download the EA: Head over to this link and download the LossLess Neuron.
  • Open MetaTrader 5: Launch your MetaTrader 5 platform.
  • Navigator Panel: In the Navigator panel, right-click on Expert Advisors and select Create.
  • Load the EA: Navigate to the downloaded LossLess Neuron file and load it into MetaTrader.
  • Attach to Chart: Drag and drop the EA onto your chosen chart.
  • Set Parameters: Go to the Inputs tab to set your parameters. This is where you can tweak the magic number and other settings.
  • Enable Algo Trading: Make sure the Algo Trading button is enabled, or nothing's going to happen.

Easy enough? Well, let's hope you didn't skip any steps.

User Experience​

Now, let's talk about what users are saying.

  • John Obermaier: Very good, I have rented payed version! — Ah yes, the early enthusiasm.
  • Giordan Costa: I can use it on any timeframe and currency or is there a better one? ... 4 Star but i hope soon 5 Star — Giordan seems optimistic, but he's got a lot of questions. Typical.
  • Darius: Very dangerous EA large draw downs no recovery. — Ouch. Somebody's not happy.
  • Mayamak: Very good so far all trades with profit without drawdown... I give it 4 stars, but If EA will work good continuous in longterm (at least 6 months) I will give 5 stars. — Mayamak is cautiously optimistic. Let's see if he still feels that way in six months.

Tips for Improving Performance​

If you want this EA to work like a charm (though we're still dubious), here are some tips:

  • Backtesting: Always backtest the EA on historical data before going live. Trust but verify.
  • Use a VPS: If you're serious about minimizing latency, get a VPS.
  • Optimize Settings: The default settings are just a starting point. Tweak parameters to match your risk tolerance.
  • Monitor Performance: Keep an eye on its performance, especially during volatile market conditions.
  • Start Small: Test on a cent account before committing larger sums.

Source Code of LossLess Neuron​

Ah, the holy grail—the source code. Unfortunately, the original source code of LossLess Neuron isn't available. What's sold on MQL5 stays on MQL5. However, we can craft a trading robot based on the description provided there. If you're a coding enthusiast or want to try your hand at it, feel free to ask questions.

Code:
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Download LossLess Neuron Trading Robot​

For those eager to take the plunge, you can download the LossLess Neuron from this page.

Remember, this is a big boys' game. If you mess things up, don't come crying. We at EASY Trading Team don't sell the LossLess Neuron; we just craft our own stuff based on available descriptions. Got questions about the code? Hit us up. Until then, trade wisely or face the consequences.