Introduction
Welcome to the ultimate guide on using the Fractal LVL AM trading robot. As a member of the EASY Trading Team, my job is to take a skeptical look at every trading strategy, and this one's no exception. If there’s a way to squeeze extra performance from Fractal LVL AM, we’ll find it. This guide provides detailed instructions on installation, configuration, and optimization. Considering the fact that detailed statistics are available on the robot's official site, you'll have all necessary data to make informed decisions.
Installation and Setup
Let's get down to business. Here's how to install and set up the Fractal LVL AM trading robot for maximum efficiency.
- Download the Robot: First, download the Fractal LVL AM from the website linked above.
- Move to MQL5 Directory: Transfer the downloaded .ex5 file to the 'Experts' folder within your MQL5 directory.
- Restart Terminal: Restart your MetaTrader 5 terminal to ensure the robot appears in the Navigator window.
- Attach to Chart: Drag and drop Fractal LVL AM onto the chart you wish to trade on.
- Configure Settings: The settings are pretty intuitive. Set your risk parameters, trading hours, and any other specific preferences.
- Enable Algo Trading: Make sure to enable Algorithmic Trading to allow the robot to execute trades.
- Run Backtests: Utilize the strategy tester to run backtests and observe performance metrics.
Experience Using Fractal LVL AM
Having used Fractal LVL AM myself, I can say it's a mixed bag. Like every other robot, it promises the moon but delivers something more down-to-earth. The backtests showed promising returns, but the real-world application can be a bit different. Market conditions change, and no robot's perfect, right? That being said, Fractal LVL AM does a decent job of identifying fractal levels and executing trades based on pre-defined algorithms.
Tips for Improvement
Here are some tips that can help you get the most out of Fractal LVL AM:
- Continuous Monitoring: Don't leave the robot unattended. Market conditions change, and sometimes manual intervention is required.
- Optimize Settings: Continuously optimize the robot settings based on recent market data.
- Diversify: Use the robot on multiple pairs to diversify your risk.
- Regular Updates: Keep an eye out for any updates or new versions.
- Backtesting and Forward Testing: Always run extensive backtests and forward tests before going live.
Source Code of Fractal LVL AM
The true source code of the original Fractal LVL AM robot available for purchase on MQL5 is not disclosed. However, our team at EASY Trading Team offers a version of the code based on its description. This isn’t the original, but it’s as close as you can get without breaching any copyrights. If you have any specific questions regarding the code, feel free to ask.
Code:
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Ready to get started? Download the Fractal LVL AM trading robot for MetaTrader 5 and start trading now. Keep in mind, we at EASY Trading Team don’t sell the original robot but offer a version based on its description. Share your experiences, leave a review, and, of course, don’t expect miracles—just steady, data-backed performance.