Introduction
Alright, let's get down to business. You landed here because you're interested in making some dough using the Mini POC trading robot. Fair enough. You've probably heard people singing praises about this indicator. So, let's cut the fluff and dive into the nitty-gritty of how you can actually install, set up, and squeeze the most out of this bot.Installation and Configuration
Setting up the Mini POC isn't rocket science, but if you mess it up, don't say I didn't warn you. Here’s the basic walkthrough you need:- Download the Mini POC Robot: Head over to forexroboteasy.com and download the robot.
- Open Your MetaTrader 5: If you can't do this, you're already in trouble.
- Navigate to the ‘File’ Menu: Click on ‘Open Data Folder’.
- Move the Robot Files: Drop the Mini POC robot files into the ‘Experts’ folder inside your MetaTrader directory.
- Restart MetaTrader 5: This is the part where you cross your fingers.
- Add the Robot to Your Chart: Go to ‘Navigator’, find the robot under ‘Expert Advisors’, and drag it onto your chart.
- Configure Settings: Modify parameters according to your trading strategy. Default settings are fine if you lack imagination.
User Experience
Let's be honest, no robot is going to make you an overnight millionaire. But here's a bit of what you can expect from Mini POC, based on my use and the comments from others.FiloMT5: Very helpful indicator. Yeah, no kidding.
Cycs: Great indicator if you work with POC levels. Just don't expect miracles.
UteHeine: Sehr genau....echt gut. Okay, the German guy likes it. Must be precise.
Douglas Silva: Good indicator for day-trade. It does not pollute the visualization with all the areas of value, only the POC. A minimalist's dream, apparently.
ceseixas: Thanks for sharing. Simple and efficient. Sounds like a dating profile, but sure.
Tips for Improvement
You want to get serious? Here’s some advice that might actually help:- Customize Colors: Differentiate between current and previous POC lines as suggested by ceseixas.
- Combine with Other Indicators: Don't be a lazy bum and rely solely on POC. Use it with other indicators to confirm trades.
- Optimize Settings: Constantly tweak the parameters to fit the current market conditions. The market’s not static, and neither should you be.
- Backtest: If you're not backtesting, you're essentially gambling.
Source Code of Mini POC
We don't have the original code of the Mini POC robot sold on MQL5. But hey, don't whine about it. What we can do is create a robot based on its description. If you're a coder yourself, feel free to hack together something similar. If not, just buy the darn thing from MQL5.
Code:
You don't have permission to view the code content. Log in or register now.Download Mini POC Trading Robot
Alright, for those of you who're ready to take the plunge, head over to forexroboteasy.com and download the Mini POC trading robot. If you have any questions about the code or need help with setup, don’t be shy. Drop your queries on easytradingforum.com.Remember, the EASY Trading Team does not sell the Mini POC robot. We’ve just provided a sample code based on its description. Happy trading, and try not to lose your shirt.