Introduction
Welcome to the no-fluff guide on using the Volume Order Blocks trading robot. Seriously, if you're looking for magic beans, you're in the wrong place. This guide will walk you through the installation and setup of the Volume Order Blocks robot for maximum efficiency, share some real-life experience, and offer tips for improving its performance. Oh, and if you have any questions, feel free to ask—though you better make them good.
Installation and Setup
Getting your Volume Order Blocks robot up and running is straightforward. Here’s what you need to do:
- First, download the robot from the official website.
- Open the MetaTrader 5 platform on your computer.
- Go to File > Open Data Folder.
- Navigate to MQL5 > Experts and paste the downloaded .ex5 file here.
- Restart MetaTrader 5.
- Open the Navigator panel, go to Expert Advisors, and find Volume Order Blocks.
- Drag and drop it onto the chart of your choice.
- In the settings window, configure the robot parameters based on your trading preferences (risk tolerance, trade size, etc.).
- Click OK and let the robot do its thing.
If you don’t get alerts, like our friend trick86, ensure you've checked the Enable alerts option in the robot settings.
Experience Using Volume Order Blocks
Using the Volume Order Blocks robot is like having an unemotional assistant—no excitement but no panic, either. It does what it's designed to do: identify order blocks and act on them. Our evaluation showed that it can be a reliable tool, but it won’t make you the next Warren Buffet overnight. Despite the rave review from pornchai_p claiming it increases trading confidence, our experience reveals that while the robot is competent, caution is always advisable.
Tips for Improvement
Even the best robots can use a little tweaking. Here are some tips to get more out of your Volume Order Blocks:
- Backtest Extensively: Before going live, run extensive backtests to fine-tune the settings.
- Regular Updates: Keep an eye on updates and improvements released by the developers.
- Risk Management: Configure sensible risk management parameters. Don’t get greedy.
- Combine Strategies: Use the robot in conjunction with other trading strategies or indicators for better results.
- Monitor Performance: Regularly monitor the robot’s performance and make adjustments as necessary.
Source Code of Volume Order Blocks
Regarding the source code of the original Volume Order Blocks robot sold on MQL5, we don’t have access to it. If you think everyone is sharing their secret sauce, think again. However, our team at EASY Trading Team has created a code based on the description available on MQL5. It's not the original but a well-informed approximation.
Code:
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If you're ready to give the Volume Order Blocks robot a spin, you can download it here. Remember, if you have any questions about the code, ask away. Keep in mind, this is a sample code from easytradingforum.com based on the robot description sold on MQL5. We at EASY Trading Team don’t sell the Volume Order Blocks robot; we’ve merely crafted a code inspired by it.
If you managed to read this far, congratulations—you've just unlocked the secret to patience in trading.