Introduction to WH ChartSync Pro MT5
Ah, so you've stumbled upon the WH ChartSync Pro MT5. This little trading software is touted as a tool designed to synchronize charts. But do you really need it? Our fellow trader, Marciano Santos, seems to think so. But let's not take his word for it just yet.
The WH ChartSync Pro MT5 claims to allow traders to apply the same indicators and graphical objects across multiple charts of varying timeframes. Handy? Perhaps. Revolutionary? Hardly. But let's not get too cynical here.
Installation and Setup
As with all Expert Advisors and indicators, you'll need to pull up your MT5 platform and head to the Tools menu, then open the Options window. Navigate to the Expert Advisors tab and ensure that the checkbox for Allow automated trading is ticked. Now, onto the installation.
The WH ChartSync Pro MT5 is an indicator and therefore needs to be installed in the Indicators folder of your MT5 client. Once installed, it will appear in the Navigator window under Indicators. You can then drag and drop it onto any chart, and voila, supposedly synchronized charts.
The setup is reportedly fairly straightforward. You specify the charts to be synchronized by listing their symbols in the Indicator's input parameters.
Experience Using WH ChartSync Pro MT5
Now, this is where we enter the gray area. According to testimonials from users such as Alid, our mysterious tool is deemed extremely practical and useful. But before you rush off to the website to download your own copy, let's withhold judgement until we've scrutinized the stats a bit more.
Ease of Use: In all fairness, the WH ChartSync Pro MT5 does manage to tick this box quite amicably. It's clear, straightforward, and barring any unforeseen meltdowns, should be easy to use even for those with limited trading experience.
Effectiveness: Again, user testimony suggests that the software does what it says on the tin, but as any experienced trader knows, profitability and effectiveness are not interchangeable terms.
Tips for Improving
The WH ChartSync Pro MT5 could certainly be improved by including an alert function to notify the trader when the charts are out of sync, and by allowing traders to choose their synchronization method based on either price or time.
Source Code of WH ChartSync Pro MT5
As you know, the elusive source code of the official WH ChartSync Pro MT5 remains a closely guarded secret. However, based on its description on the MQL5 website, a sample source code has been recreated by our team and is available for perusal on the forum. If you have questions about the code, feel free to ask. Remember, this is just a sample code, and the EASY Trading Team has no connections to the original WH ChartSync Pro MT5.
Code:
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To conclude, we've compiled this brief, SEO-optimized guide to help you download, install, and potentially get the most out of your WH ChartSync Pro MT5 experience. If you're still here, you're either seriously considering this software, or you've run out of things to do on the internet. Either way, happy trading, and may the odds be forever in your favor.
Remember the old trader's adage: Don't throw good money after bad. And always question everything. Yes, even this guide.