Introduction
So, you're curious about Velociraptor Free, the trading robot that has garnered mixed reviews on MQL5. With a user rating of 3.4, it's safe to say this EA has its fair share of fans and skeptics. Let's dive in and see what it's all about. This guide will walk you through the installation and setup process, share some personal experiences, and provide tips for maximizing the bot's performance.
Installation and Setup
Installing Velociraptor Free is a straightforward process, but if you manage to mess it up, maybe consider a different hobby. Follow these steps to get started:
- Download Velociraptor Free from this link.
- Open your MetaTrader 5 platform and navigate to File > Open Data Folder.
- In the Data Folder, open the MQL5 directory and then the Experts folder.
- Copy the Velociraptor Free .ex5 file into the Experts folder.
- Restart your MetaTrader 5 platform.
- Navigate to Navigator > Expert Advisors, right-click Velociraptor Free, and select Attach to a chart.
- Adjust the robot settings according to your trading style and risk tolerance.
- Enable automated trading by clicking the AutoTrading button in the toolbar.
Congratulations, you've installed Velociraptor Free. Let's see if it lives up to the hype.
Experience Using Velociraptor Free
I've given Velociraptor Free a spin, and let me tell you, it's a mixed bag. While rainwalker123 is enthusiastically recommending it, others like our friend 36356351 consider it slower than a sloth in a marathon. My experience? Somewhere in between.
The robot does execute trades, though not always with the precision one might desire. The speed mentioned by MattyTrading is noteworthy if you’re using a Broker ECN, but don’t expect miracles.
In terms of profitability, it has its good days and bad days—much like my morning coffee. Alice Seifert's comment about using it on a demo account to open opposite trades on a real account? Well, take that with a grain of salt and a shot of skepticism. Maybe two shots.
Tips for Improving Velociraptor Free Performance
Want to get the most out of Velociraptor Free? Here are some tips:
- Adjust Risk Settings: Tweak the lot sizes and stop-loss parameters to match your risk tolerance.
- Test Different Timeframes: Some timeframes work better than others. Backtest on various timeframes to find the sweet spot.
- Regular Updates: Make sure you have the latest version. Updates may fix bugs and improve performance.
- Monitor Performance: Don’t set it and forget it. Regularly monitor the bot’s performance and make adjustments as needed.
- Broker Choice: As noted by MattyTrading, using a Broker ECN can improve execution speed.
Source Code of Velociraptor Free
We don't have the original source code for Velociraptor Free sold on MQL5. However, based on the description on MQL5, we can create a similar code. If you have questions about this example code from easytradingforum.com, don't hesitate to ask. Remember, our team doesn’t sell Velociraptor Free; we only developed code based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Download Velociraptor Free Trading Robot for Maximum Profitability
Ready to give Velociraptor Free a try? Download it now from ForexRobotEasy and start exploring its possibilities. If you have any questions or need assistance, feel free to reach out. Happy trading (or not, depending on how well this thing performs).