Introduction
Order Block Nerd is a trading robot supposedly designed to maximize your trading efficiency by leveraging order block strategies. Some users, like ramon-karlich, might not be impressed with its backtesting performance, but hey, who needs an equity curve that's always heading south, right? Let's see how to set it up, use it, and maybe even improve it—sarcasm aside, it's important to approach any trading tool with caution.Installation and Setup
To get Order Block Nerd up and running, follow these steps:- First, download the robot from forexroboteasy.com. Navigate to the download section and save the file to your preferred location.
- Open your MetaTrader 5 platform. Go to File > Open Data Folder.
- Navigate to the MQL5 folder and then the Experts folder.
- Copy the downloaded Order Block Nerd file into the Experts folder.
- Restart MetaTrader 5. You should now see Order Block Nerd in the Navigator panel under Expert Advisors.
- Drag the robot onto your desired chart. A settings window will pop up.
- Adjust the settings according to your trading strategy. Common settings include risk percentage, lot size, and trading time.
- Click OK and let the robot do its thing. Or don't—depending on how much you trust the reviews.
Usage Experience
From my experience, Order Block Nerd can be a hit or miss. Depending on market conditions, it might show some promise, but don't be surprised if you see the equity curve doing a nosedive, as Ramon-Karlich pointed out. Always run extensive backtesting and forward testing on a demo account before going live. It's better to be safe than sorry.Tips for Improving Performance
If the default settings aren't cutting it for you, consider the following tips for optimizing Order Block Nerd:- Risk Management: Never underestimate the power of good risk management. Even a semi-functional EA can perform better with proper risk settings.
- Customization: Tweak the parameters to fit market conditions. Sometimes a small change in settings can make a big difference.
- Market Conditions: Remember, not all EAs are designed for all market conditions. Make sure you're using Order Block Nerd in an appropriate market environment.
- Regular Updates: Keep an eye out for updates from the developer. Sometimes bugs are fixed and new features are added.
Source Code of Order Block Nerd
We don't have the original source code for Order Block Nerd that’s sold on MQL5, but we can put something together based on its description and specifications. If you have any questions about the code, feel free to ask. Remember, this is just an example code created by easytradingforum.com, inspired by the original robot's features. The EASY Trading Team does not sell Order Block Nerd but has created this code based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Download Order Block Nerd Trading Robot: Maximize Your Trading Efficiency
Ready to give Order Block Nerd a try? Head over to forexroboteasy.com to download it. While you're there, take a look at all the detailed statistics available. If you have any questions about the trading robot or want to discuss its code, drop a message—we’re here to help.So, are you brave enough to test this EA and see if it sinks or swims? Time will tell.