Introduction
So, you think you've found the holy grail of trading robots? Aren't you an optimistic one. Let's get down to business and talk about the Golden Spikes Detector. This trading robot has created quite a buzz, but does it really live up to the hype? The jury is still out. Here’s your no-nonsense guide to using and optimizing this robot.Installation and Setup
Alright, let’s cut through the fluff and get to the installation.1. Download the Robot:
- Obtain the Golden Spikes Detector from the MQL5 marketplace. Oh, you thought it would be free? Cute.
2. Launch MetaTrader 5:
- If you don’t have MT5, you’re in the wrong game.
3. Navigate to the Navigator Panel:
- Go to File > Open Data Folder, then place the downloaded robot file into the MQL5 > Experts directory.
4. Compile the Robot:
- Restart MT5 and find the Golden Spikes Detector under Navigator > Expert Advisors. Right-click and choose Compile.
5. Attach the Robot to a Chart:
- Drag the robot onto your desired chart and customize the settings to your liking.
There you go. You're all set up. If it was too complicated, maybe trading isn't for you.
Experience Using the Robot
Now, for the fun part. My personal experience with the Golden Spikes Detector has been... interesting. It claims fantastic accuracy, but let's just say I’ve seen better. Take it from foxone2, who gave it a 5-star rating: Fantastic indicator! Loving it. To him, ignorance is bliss.Then we have Robert Rondon, who rated it zero stars. His alerts stopped coming. A glitch, perhaps? It’s tech, after all. Kagiso Sydney Simon seems cautious but optimistic, “Not bad 9/10 accuracy so far. Still trying with small lots.” Take these user experiences with a grain of salt.
Tips for Improvement
Want to squeeze the most out of this robot? Here are some nuggets of wisdom:
- Adjust Risk Settings: Tweak the risk percentage according to your risk tolerance.
- Backtest: Run backtests across different timeframes and currency pairs.
- Monitor Regularly: Don't just set it and forget it. Keep an eye on its performance.
- Combine with Other Indicators: Use additional technical indicators to verify signals.
- Regular Updates: Make sure you're using the latest version of the robot.
You're welcome.
Original Source Code of Golden Spikes Detector
Here’s the kicker – we don't have access to the original source code of the Golden Spikes Detector sold on MQL5. We’ve concocted a code based on publicly available descriptions. If this surprises you, you probably still believe in Santa Claus. While we can't guarantee it performs identically, we assure you it’s a close approximation.
Code:
You don't have permission to view the code content. Log in or register now.