Introduction
Welcome to another exciting insight into the world of trading bots. Today, we dive into the realm of our friend, NeuroExt, a trading bot that has seen mixed reviews from users across the globe with an average rating of 3.9. For some, it's the best thing since sliced bread, while others find its performance less than stellar. But, let's leave the judgment for later, shall we?
Installation and Setup
Installing NeuroExt is a run-of-the-mill process, provided you have a basic understanding of the MetaTrader 5 platform. Navigate to the URL https://forexroboteasy.com/trading-robot/neuroext/ and download the bot. Once downloaded, open your MT5 terminal, go to File, and click 'Open Data Folder'. Now, delve into the MQL5 folder and place your freshly downloaded NeuroExt bot inside the 'Experts' folder.
Setting up NeuroExt presents a more complex scenario. Fortunately, brilliant minds from EASY Trading Team have concocted a basic configuration to kick-start your journey. Remember, the default setup might not be the golden ticket to your financial freedom. It’s just a starting point. Feel free to tune it according to your risk appetite and market conditions.
Tip: Training the bot periodically is a must. Dedicate at least a week on a demo account before taking it live.
Experience Using
Ah, the experience! Well, we’ve seen the bot recover demo accounts blown up by other EAs. It might not be worth writing home about, but it definitely saves you from the frustration of continuously burning your account. Set the fixed lot size and let NeuroExt do the maths. It learns faster without the MA and manages to maintain the margin level above 300%.
Suggestions for Improvement
Despite the bot showing promising results, it's far from perfection. Users have noted issues with the bot's response on smaller-sized accounts. It would be a significant improvement if NeuroExt could be more effective on these accounts as well.
Furthermore, the process of training the bot is manual and time-consuming, spanning several hours on end. If only there was a way to automate this, it would bring about improved efficiency and user experience.
NeuroExt Source Code
Certainly, you are itching to view the original source code of NeuroExt. Unfortunately, we don't have access to the original code. However, with a smirk on our face and a glint in our eye, we can say that we’ve written a code based on the bot's description on the MQL5 site.
Remember, this is a code from easytradingforum.com, and it's based on the description of NeuroExt bot sold on MQL5. The EASY Trading Team does not sell the NeuroExt bot, we just a wrote a trading robot code based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Download NeuroExt Today
Ready to take the plunge? Download NeuroExt today and start your journey in automated trading. And, if you stumble upon queries related to the code, feel free to ask. After all, the world of trading is full of surprises, and each question brings us closer to perfection.
Final word: Trading with bots is not a 'set-and-forget' activity. It requires regular supervision and periodic training of the bot. So, before you set your hopes too high, remember this is a tool and not a promise of overnight riches. But with patience and persistence, trading bots can be an exciting and potentially profitable venture to explore. Happy trading!