Introduction to ON Trade Metals Gram Price Trading Robot
The trading world is teeming with various robots and the ON Trade Metals Gram Price trading bot happens to be one among them. It can be a potential ally in your trading journey, but as the professional skeptics that we are, we won't give it a full-fledged endorsement without dissecting it further. On the popular opinion, this bot enjoys a rating of 5 with Very Good being a common remark (source). This guide will delve into its set-up and tuning process, our personal experience and of course, recommend some touch-ups for better performance.
Installation and Setup
Setting up any trading bot can be intimidating, especially for beginners. Fortunately, ON Trade Metals Gram Price is not one of those overly-complicated ones. So, breathe in, breathe out and let's jump onto the setup wagon.
Step 1: The first step is to download the robot. Easy enough, isn't it?
Step 2: Go to your MT5 platform and click on 'File' then 'Open Data Folder'. You'll see a list of folders, open 'MQL5' and then 'Experts'. Here, you paste your downloaded file.
Step 3: Restart your MT5 platform and locate the bot in the 'Expert Advisors' section in the 'Navigator' window. Drag and drop it to the chart of your chosen metal.
Step 4: Configure the parameters as per your trading style and risk appetite. Don't know what to input? Just stick with the default settings, they're decent enough to start.
My Experience with ON Trade Metals Gram Price
My experience with this bot? Well, it's been fair with a side of not-too-shabby. As the name suggests, the focus is on trading metals and it does a good job at that. The bot will do its thing, all you need to do is supervise and tweak parameters once in a while. But don't expect to become a tycoon overnight, it's a slow and steady process.
Tips for Improvement
The ON Trade Metals Gram Price robot works fine but there's always room for improvement, right? A few tweaks can optimize its performance. Here are some suggestions:
Leverage Limit: Don't overdo it. High leverage can bring high profit but it also carries high risk. Balance is the key.
Timely Updates: Stay up-to-date. Make sure to regularly update your bot according to market changes.
Risk Management: Do not risk more than 2% of your account in a single trade. This bot is not a magic money maker.
Source Code of ON Trade Metals Gram Price
Now, here's where things get a bit interesting. The original source code of this bot is as elusive as a black cat in a dark room. However, based on the description on the MQL5 website, we can whip up a code that's a close match. This is purely an attempt to recreate a similar functionality based on the available description. Questions regarding this? Feel free to post them on our forum. Remember, this is a homemade code, not the original.
Code:
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The ON Trade Metals Gram Price bot can be fetched from the MQL5 market. Please note, we at EASY Trading Team neither sell the bot nor are affiliated with any seller. We just provide a code based on its description. So, there you have it, make an informed decision while installing this bot and happy trading!
Don't forget to check the performance statistics of the bot at Forex Robot Easy.