Introduction
Get ready, we're going to dive into TimeBar – the trading robot you've likely been ogling at on the MQL5 website. Whether you're intrigued by khunsam2022's comment on its impressive, clear digits or perhaps you're just looking for the next best thing in the forex world, let's see if this trading robot is all it's cracked up to be. Keep in mind, this is not exactly about the actual TimeBar trading robot, but rather a code we've created based on its description. Now that we have that clear, let's dig in.
Installation and Setup
For installation, you'll want first to head to the TimeBar page on our website. Here you can download the TimeBar EA file. Next, navigate to your MQL5 Application's Data Folder and locate the MQL5 Files directory, where you can drop the downloaded file. Easy, right?
Moving onto setup, remember this isn't your garden-variety trading bot. TimeBar requires some tweaking and modification to maximize its potential. As we've seen from the TimeBar performance data, optimal settings may vary significantly depending on the market situation. So, do your homework.
Experience Using TimeBar
From our experience, TimeBar is a somewhat quirky beast. In terms of effectiveness, I'd lean towards khunsam2022's rating of 4 rather than an outright 5. Not to say it is inefficient, it's just not perfect. But then again, no trading robot is. The key is to understand its limitations and strategize accordingly.
Tips for Improvement
Here's a tip: Don't rely solely on a trading robot. Always blend its use with your judgement and forex trading knowledge. And remember to always keep tabs on the TimeBar's performance statistics.
The (Not So) Secret TimeBar Source Code
Before you get too excited, know that we don't have the original TimeBar source code. What we do have is a code we created, based on its description from MQL5. This example code can be found on our easytradingforum.com page.
Code:
You don't have permission to view the code content. Log in or register now.Download TimeBar for Improved Trading Experience
If you're eager to try out the TimeBar trading robot, be our guest. Head over to our website and get your hands on it. Just remember, it's not the actual TimeBar robot but a version we've created. Any questions, shoot them over to us. We're always ready for a good trading banter.
Remember this: Trading robots, including TimeBar, should be seen as tools to aid your trading, not as a replacement for your own knowledge and experience in forex trading. Keep that in mind and you'll have the chance to make the most out of whatever trading robot you decide to tinker around with. Happy trading.
- Remember we're not selling the actual TimeBar robot.
- Always check TimeBar's performance before tweaking its settings.
- Miracle-working trading robots? No such thing. Always use your own judgement.