Introduction to Swiss Guard Trading Robot: The Double-Edged Sword of Forex Trading
Trading in the Forex market can be a risky endeavor. Here, we present to you a time-tested tool from our arsenal - the Swiss Guard Trading Robot. Don't let its name fool you, the Swiss Guard isn't simply a static, unchanging algorithm but a complex trading entity that learns, adapts and evolves with the market. But remember, it is a tool. It's not a magic bullet, nor will it turn your $100 deposit into a million overnight. Don't trust me? You're on the right track.
User fcaillou reported:
See? Not a magic bullet. But it gets the job done.
Installation and Configuration: The Exciting Life of a Forex Trader
To install the Swiss Guard, simply download it from the official website. Yes, that easy. You will need the MetaTrader 5 platform to operate this robot. Just remember to double-check your platform settings and ensure that Autotrading is enabled.
Once it's up and running, it's time for the fun part: configuration. No, not going to beach, but setting up your trading parameters. Again, I cannot stress this enough: there is no one-size-fits-all setting. You need to test, tweak, adjust, and repeat. And don't be afraid to mix things up a bit. Experimentation is at the heart of successful trading.
Experience Using Swiss Guard: A Realistic Appraisal
Ah, the joy of using a trading robot. Let me tell you, it's not as exciting as it sounds. The robot doesn't shout buy or sell nor does it dance on your screen. It quietly goes about its business, buying and selling currency pairs as per its programmed logic.
The Swiss Guard is no different. It has been designed to execute trades with precision, managing risk while maximizing profit. But, it's not a mind reader. Don't expect it to predict market crashes or divine the future.
Improvement Tips: Making a Good Thing Better
Despite its many advantages, the Swiss Guard is not infallible. It's only as good as the settings you configure. So, review your trading strategy, your risk appetite and adjust your stop loss and take profit levels accordingly. Remember, a well-configured trading robot is a profitable trading robot.
The Source Code of Swiss Guard: The Unknown
Now, let's talk about the elephant in the room: the source code. We don't know the original Swiss Guard source code sold on MQL5. What we can do is to develop a similar code based on the description provided on MQL5 where this algorithm is sold. If you have any questions about the code, don't hesitate to ask. This code is an example from easytradingforum.com, based on the description of the Swiss Guard robot sold on MQL5. The EASY Trading Team neither sells the Swiss Guard robot nor claims to have its original source code.
Code:
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So, you want to try the Swiss Guard? Download it here. Remember, as with any trading tool, it comes with its own inherent risks. It's not a guarantee of profits, but it could be your ticket to more efficient, systematic and disciplined trading.
And finally, always remember that in trading, sometimes you win, sometimes you learn. But with Swiss Guard, at least you have a reliable tool by your side.