Introduction
Welcome to your comprehensive guide on how to install and use the Market Maker Dashboard by G Labs. As a professional trader and MQL5 programmer from the EASY Trading Team, I'll walk you through the installation, setup, and optimization of this trading robot. While the Market Maker Dashboard boasts high ratings, like any strategy, there's always room for skepticism. Here, you'll also find user comments and some tips to enhance your trading experience further.
Installation and Setup
First things first, let's get this Dashboard up and running:
Step 1: Purchase and Download
Head over to the official website and purchase the Market Maker Dashboard. Download the .ex5 file provided.
Step 2: Install the EA
1. Open your MetaTrader 5 platform.
2. Navigate to File -> Open Data Folder.
3. Move the downloaded .ex5 file into the MQL5/Experts directory.
4. Restart MetaTrader 5.
Step 3: Attach to a Chart
1. Open a new chart.
2. Drag the Market Maker Dashboard from the Navigator panel onto the chart.
3. In the settings window, ensure you enable Algo Trading.
Step 4: Configure Settings
Fine-tune the settings to match your trading style. Here are some parameters to look out for:
- Risk Management: Set your risk percentage per trade.
- Notifications: Unfortunately, push notifications are not natively supported as per user e_sasu_jr. You may opt to use a workaround like email notifications.
- Stop Hunt Alerts: Ensure this is enabled if you're a stop hunt trader.
User Experience
From the comments, it's clear that user experience varies:
- E_sasu_jr: Highlighted the lack of push notifications.
- 23559772: Praised it as the best tool they've ever purchased.
- SamitR: Requested documentation for better understanding.
- Mzwakhe Thokozane: Not satisfied with stop hunt alerts.
- Samuel Diseko: Found it effective, especially after taking the BTMM course.
It's a mixed bag, but the consensus leans towards a positive experience.
Tips for Improvement
Even the best tools can be fine-tuned. Here are some suggestions:
1. Backtesting:
Regularly backtest your strategies to ensure they remain effective in changing market conditions.
2. Documentation:
If you're struggling to understand the tool, consider looking for tutorials or community forums for guidance. User SamitR had similar issues and could benefit from this.
3. Combine with Other Tools:
Don't rely solely on one tool. Use it in conjunction with other indicators and strategies for more robust trading decisions.
4. User Feedback:
Keep an eye on updates and user feedback. Sometimes, the best suggestions come from fellow traders.
Source Code of Market Maker Dashboard by G Labs
Let's not kid ourselves; we don’t have the source code of the original Market Maker Dashboard by G Labs available on MQL5. However, if you're feeling adventurous, you can create a similar tool based on its description from the MQL5 marketplace.
If you have any questions about creating a similar robot, feel free to ask. Remember, this example code is crafted by the EASY Trading Team and is based purely on the description available on MQL5.
Code:
You don't have permission to view the code content. Log in or register now.Download Market Maker Dashboard by G Labs From Official Source
Ready to get started? Head over to the official website to download the Market Maker Dashboard by G Labs. It's a tool that promises to save you hours in analysis, but like any tool, it’s only as good as the trader using it.
Got questions? Feel free to ask. Just remember, we at EASY Trading Team only created a code based on the description. We're not selling the original Market Maker Dashboard by G Labs.
Happy trading!