Introduction
So, you want to dabble in the mysterious world of forex trading with a robot that promises to do all the hard work for you? Enter Buysell Stars, a trading robot that’s existed longer than my patience for illogical strategies. In this guide, I’ll walk you through the installation and configuration of Buysell Stars, share my experience, and even give you a few tips to squeeze out some actual profit. Is it perfect? Of course not. Does it work? Well, that’s what we’re here to find out.Installation and Setup
Before you can bask in the glory of automated trading, you need to install and configure the Buysell Stars robot. Here’s how you can do it:- Download: Grab the Buysell Stars EA file from the official website or wherever else you trust your money with.
- Copy the EA to the Right Folder: Copy the .ex5 file to the ‘Experts’ folder in your MT5 directory.
- Restart MT5: Why? Because computers are annoyingly procedural.
- Attach EA to Chart: Open a chart. Any chart. Just make sure it’s something you intend to trade. Drag and drop the EA onto the chart.
- Adjust Settings: Configure the settings according to your risk appetite. If you don’t know what that means, you might want to educate yourself a bit more.
- Enable Algo Trading: Don’t forget this. Otherwise, the robot will be as useful as a chocolate teapot.
Experience Using Buysell Stars
Let’s talk about the real deal. Using Buysell Stars is like dating a high-maintenance partner. It requires constant monitoring and tweaking. The results? Well, they’re varied. Some trades make you feel like a genius, while others make you wonder if you’d have been better off investing in lottery tickets. Overall, the robot does give you a break from manual trading, especially if you have a day job that doesn’t involve staring at candlestick patterns.Tips for Improving Buysell Stars Performance
The robot isn’t going to turn water into wine on its own. Here are a few tips for making it less of a headache:- Backtest Extensively: Use historical data to see how the robot performs. If it fails miserably, don’t say I didn’t warn you.
- Adjust Risk Settings: Customize the risk parameters to suit your trading strategy. High risk might mean higher gains or bigger losses.
- Stay Updated: Regularly update the EA and keep an eye on market news. Yes, even robots need a bit of human touch.
- Diversify: Don’t put all your eggs in one basket. Use multiple trading strategies or EAs to spread the risk.
Source Code of Buysell Stars
Ah, the elusive source code. We don’t have the original source code of Buysell Stars that’s sold on MQL5. However, we at EASY Trading Team have created an example code based on the description available. If you’re curious about it or need the code tweaked, feel free to ask. Remember, our code is a mere shadow inspired by the Buysell Stars algorithm, not the real deal.
Code:
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