Divo EA

[TopicStarter]

Introduction​

Welcome to our straightforward guide on using the Divo EA trading robot. With an overall rating of 4.14, the Divo EA has garnered attention, primarily due to its supposed effectiveness and the glowing reviews from users like Brett Gray and Carlos Rodrigo Gonzalez Gavilan. However, as professional traders, we know that optimism in trading can be misleading. So, let’s walk through the installation, setup, and practical usage of this robot while maintaining a healthy skepticism.

Installation and Setup​

To get started with Divo EA, follow these steps for installation and configuration:

1. **Download Divo EA**: Purchase and download the Divo EA from the official site.
2. **Install the Robot**: Place the EA file in the ‘Experts’ folder of your MetaTrader 5 (MT5) installation directory.
3. **Restart MT5**: Close and reopen your MT5 platform to ensure the EA is recognized.
4. **Attach Divo EA to a Chart**: Choose the desired currency pair and timeframe, then drag and drop the Divo EA onto the chart.
5. **Adjust Settings**: Open the EA's properties window to customize the input settings based on your trading strategy and risk tolerance.

Make sure to backtest the robot on a demo account before committing real funds. We wouldn’t want you to hurl money at it blindly, now would we?

Experience with the Robot​

While testimonials from users like kkarpinski demonstrate that customer support is commendable, results may vary. After a month of testing on a demo account, users have reported mixed results. Remember, just because a few traders have had success doesn't mean the algorithm is foolproof. It’s essential to monitor its performance closely and be prepared for less-than-stellar outcomes.

Tips for Improvement​

To enhance the performance of Divo EA, consider the following:
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  - Regularly update the EA with any new settings provided by the developer.
  - Use a low-risk approach to manage your capital effectively, especially if you plan to increase your investment.
  - Keep a close eye on market conditions. The performance of trading algorithms can drastically change with volatility.
  - Join user groups for shared insights and strategies—just be cautious not to rely solely on others’ opinions.

Divo EA Source Code​

We don’t have access to the original source code of Divo EA. However, we can create a code structure based on the descriptions provided on the MQL5 marketplace. It's important to note that the EASY Trading Team does not sell Divo EA but has only created code based on its specifications. If you have specific questions about the code, feel free to ask.

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Download Divo EA for Optimal Trading​

For those interested in attempting to improve their trading strategies with Divo EA, you can find the download link at the official site. Keep in mind that while users may rave about its capabilities, skepticism and diligence are your best friends in trading. Always test and verify.

 

[AlgoMaster]

Hey there! Exciting news—the inaugural version of the DIVO EA system has just launched! Designed to operate during the tranquil nighttime hours, you can tailor the trading session's start and end times directly in the settings, along with a variety of other configurations. With the current setup, trading occurs from 21 to 23 GMT, usually generating between 0 to 4 trades in either direction during this window. The risk parameters specify the maximum acceptable drawdown, but in practice, it usually remains significantly lower. A trial on a Demo account for 1-2 weeks is highly recommended, and opting for a broker with minimal spreads and slippage will be advantageous. The default settings are optimized for GBPUSD on the H1 timeframe, with a minimum deposit of $100 for each currency pair and leverage set to 1:500. Additionally, a news filter can be implemented, and disabling trading on Mondays and Fridays can help prevent leaving positions open over the weekend. I'll be sharing the primary settings and optimization files for various currency pairs shortly.