TradeGPT

Introduction​

So, you've stumbled upon TradeGPT, an Expert Advisor (EA) that's supposedly a game-changer in the world of automated trading. Developed by Aleksei Krasov, this EA combines AI with advanced mathematical models to offer a full-cycle trading solution. With a user rating of 3.32, it's clear that opinions are divided. Some call it a scam, while others sing its praises. Let's dive into the nitty-gritty of installing, setting up, and using TradeGPT, and see if it lives up to the hype.

Installation and Setup​

First things first, you need to get TradeGPT up and running on MetaTrader 5. Follow these steps:

• Download the TradeGPT EA file from here.
• Open MetaTrader 5 and go to File > Open Data Folder.
• Navigate to MQL5 > Experts and paste the downloaded EA file.
• Restart MetaTrader 5.
• In the Navigator panel, find TradeGPT under Expert Advisors.
• Drag and drop TradeGPT onto your desired chart.
• In the settings window, configure the following:
  • Risk Percentage: Set your risk tolerance (e.g., 1%).
  • News Filter: Enable or disable based on your preference.
  • Trading Periods: Set the time periods for trading (e.g., 2 am-14 pm and 15 pm-22 pm).
• Click OK to activate the EA.

Experience Using TradeGPT​

Using TradeGPT has been a mixed bag. On one hand, the EA does show potential with its AI-driven strategies and advanced mathematical models. However, the user reviews paint a different picture. Alex Amberger, for instance, claims the EA opens positions randomly and lacks a coherent strategy. On the flip side, Barış kpc has given positive feedback, although it's vague and lacks detail. Amier Al-mahna suggests the need for a news filter and more flexible trading periods, which are valid points for improvement.

Tips for Improving TradeGPT's Performance​

To get the most out of TradeGPT, consider the following tips:

• Backtest Thoroughly: Before going live, run extensive backtests to understand how the EA performs under different market conditions.
• Adjust Risk Settings: Fine-tune the risk percentage to match your risk tolerance. Start low and gradually increase as you gain confidence.
• Use a VPS: For optimal performance, run TradeGPT on a Virtual Private Server (VPS) to ensure it operates 24/7 without interruptions.
• Monitor Regularly: Despite being an automated system, regular monitoring can help you catch any anomalies or issues early.
• Enable News Filter: If you find the EA making poor decisions during high-impact news events, enable the news filter to avoid trading during these times.

Source Code of TradeGPT​

Unfortunately, we don't have access to the original source code of TradeGPT sold on MQL5. However, based on the description available on the MQL5 website, we have created a sample code. This code is a representation and should not be considered the original. If you have any questions about the code, feel free to ask. Remember, the EASY Trading Team does not sell TradeGPT; we merely created a code based on its description.

Download TradeGPT Now​

If you're interested in giving TradeGPT a try, you can download it from here. Keep in mind that this is a sample code based on the description, and the original EA is sold on MQL5. We encourage you to test it thoroughly and share your feedback with us. Happy trading!