Introduction
As an experienced trader and MQL5 programmer from the EASY Trading Team, I have had the opportunity to explore various trading robots. One of the most intriguing ones is the 'Close by percentage MT5' robot. This article will delve into real case studies of using this robot, highlighting both successful and unsuccessful trades. We will analyze the reasons behind these outcomes and include user comments who have tested the robot. Detailed statistics can be found on the official website: Close by percentage MT5 Review - Enhance Your EA Strategy.
Examples of Successful Trades
One of our users, John D., shared his experience of a successful trade where the robot performed exceptionally well. John set the robot to close trades when they reached a 2% profit margin. In a volatile market, the robot managed to close multiple trades within minutes, securing small but consistent profits that added up to a significant sum by the end of the day.
Another user, Maria S., used the robot in a less volatile market. She set the percentage to 5%, and over a week, the robot closed trades that resulted in a 10% overall account growth. Maria praised the robot’s ability to adapt to different market conditions and its reliability in securing profits.
Examples of Unsuccessful Trades
However, not all experiences were positive. Paul R. reported a significant loss when the robot closed trades prematurely during a market spike. He had set the robot to close trades at a 1% profit margin, but due to market volatility, the robot failed to take advantage of larger profit opportunities, leading to a series of small, less profitable trades.
Similarly, Linda M. had an unfortunate experience where the robot closed trades at a 3% loss due to a sudden market downturn. Despite the robot's settings to mitigate losses, the rapid market movement outpaced its algorithm, resulting in a substantial drawdown.
Analysis of Reasons
The success and failure of the 'Close by percentage MT5' robot largely depend on market conditions and user settings.
Factors Contributing to Success:
- Properly calibrated profit percentage settings aligned with market volatility.
- Consistent monitoring and adjustment of the robot’s parameters based on market trends.
Factors Leading to Failure:
- Inaccurate settings leading to premature trade closures or missed opportunities.
- Rapid market changes exceeding the robot's response time, causing losses.
User experiences emphasize the importance of understanding market conditions and continuously optimizing the robot’s settings.
Source Code of Close by percentage MT5
We do not have access to the actual source code of the original 'Close by percentage MT5' robot sold on MQL5. However, based on the description available on the MQL5 website, our team has developed a similar code. If you have any questions regarding this code, please feel free to ask.
Code:
You don't have permission to view the code content. Log in or register now.Download Close by percentage MT5 - Enhance Your Trading Strategy
If you're interested in exploring how a robot like 'Close by percentage MT5' can enhance your trading strategy, you can download our version based on its description. Please note that the EASY Trading Team does not sell the original 'Close by percentage MT5' robot but has created a robot based on the available description.
For more details, visit our forum at easytradingforum.com and share your case studies and experiences. We encourage readers to participate actively and contribute to the growing knowledge base of trading strategies and robot performances.
By sharing your experiences, we can collectively improve our trading practices and make more informed decisions. Happy trading!