Introduction
So, you've come across this trading robot called PillowIndicator. Well, congratulations, you're either about to make the best decision of your trading life or just another futile attempt at automating your way to riches. Either way, let's dive into how to get this robot up and running. Trust me, it's going to be a wild ride.
Installation and Setup
Alright, let's get this over with. PillowIndicator is not rocket science, but you'd be amazed at how many people mess up the basics. Here's a no-nonsense guide to installing and setting it up.
- Download the Robot: First, head over to this link and grab your copy of PillowIndicator.
- Move to MT4/MT5: Once downloaded, drag and drop the file into your 'Experts' folder. If you don't know where that is, Google it.
- Restart the Platform: Restart your MT4/MT5 platform. This is not optional.
- Attach to Chart: Go to the 'Navigator' panel, find PillowIndicator, and drag it onto the chart you wish to trade.
- Adjust Settings: A setup window will appear. Adjust the parameters based on your risk tolerance and trading goals. Don't just go with the default settings unless you want to be just another statistic.
- Enable AutoTrading: Make sure the 'AutoTrading' button is green. If it's red, well, figure it out.
Experience Using PillowIndicator
So, does PillowIndicator work like a charm? Hardly. But it has its moments. I've run it on multiple accounts, and here's the thing: it performs decently if you babysit it. Turn it on, let it do its thing, but keep an eye on it. Don't expect miracles, but if you tweak the settings just right, you'll get some profitable trades.
Tips to Improve Performance
Want to get the most out of this thing? Here's some advice:
- Continuous Monitoring: Don't rely on it blindly. Monitor its trades and intervene if necessary.
- Backtesting: Run extensive backtests before going live. Historical performance is not always a guarantee but can give you some insights.
- Adjust Settings: Tweak the parameters based on market conditions. Flexibility is key.
- Risk Management: Use proper risk management techniques. Set your stop-loss and take-profit wisely.
Source Code of PillowIndicator
Here's where things get murky. We don't know the actual source code of the original PillowIndicator that's sold on MQL5. Surprise, surprise. But hold on, we can create a code based on the description from the MQL5 site. If you're curious or need some customized features, we can generate a code for you based on their descriptions. Just ask, but know this: the team here at EASY Trading Team doesn't sell the PillowIndicator robot. We're just the architects behind a similar version based on public info.
Code:
You don't have permission to view the code content. Log in or register now.Download PillowIndicator Trading Robot
Ready to roll the dice? Download your PillowIndicator from the link provided above. If you have questions or need the code, reach out. Remember, this is an example code from easytradingforum.com, based on our interpretation of PillowIndicator. Our team doesn't sell the PillowIndicator; we just created our version based on theirs.
And remember, trading is like playing with fire. Handle with care.