Introduction to Wiki Trade Trading Robot
Wiki Trade, the trading robot that has got everyone talking. With a rating of 4.25, it seems to promise a lot. The trading community has given mixed reactions, some are successful with the EURUSD 1 min strategy as Gundolfer mentioned, some like the automatic stop loss feature as stated by Morgan2023 while some are having a hard time finding profitability like Skrulle. This guide provides a step-by-step overview of installing, setting up, and making the most out of this trading robot.Installation and Setup of Wiki Trade
First things first, head to the official Wiki Trade page - forexroboteasy.com/trading-robot/wiki-trade/. Download and install the MetaTrader 5 platform if you haven't already. Once you've got that sorted, you will need to install the Wiki Trade robot. After the installation, you'll need to configure the settings fitting your risk appetite.Note: A lot depends on the timeframe and the currency pair you are trading with. Test with different combinations. That's the real fun in trading, isn't it?
Experience with Wiki Trade
Well, it's a robot. It does what it's programmed to do. No magic, no secret formula. It definitely has some nice features like moving stop loss to breakeven, but again, it's not a guarantee to profit. So always keep an eye on it.Tips to Enhance Wiki Trade Performance
Testing is the key. Backtest it on different timeframes and pairs like Skrulle did. Try it on demo account before going live, as Morgan2023 wisely is doing. And remember, no setting, no strategy, no robot is going to work if you don't understand the market.Source Code of Wiki Trade
The ultimate thing with trading robots is the source code. Sadly, we don't have the actual source code for the original Wiki Trade sold on MQL5. But based on the description provided on MQL5, we made a version of it. And we're proud of it. You can download the code from our website easytradingforum.com. And yes, any question related to the code is most welcome.
Code:
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Download Wiki Trade – Make Your Trading Easier
Remember, trading is not about finding a shortcut to riches. It's about understanding the market, the trends, the news, and of course, the robots. Download Wiki Trade, explore it, try to understand how it works, and make your own trading strategy. It's a tool, not the answer.Last but not least, we are EASY Trading Team, we don't sell Wiki Trade. We are just here to make your trading journey a bit easier. So, buckle up and let's ride this roller coaster together.
Remember, no trading robot can make you profitable if you don't understand the market. Keep that in mind and happy trading!