Introduction
So, you're looking to get your hands on the Laguerre Scrat trading robot? You must think it will solve all your trading woes. Well, let's just say, it might, but don't get your hopes too high. The robot has a great rating and positive feedback, like from our buddy Epsilon Hogas who seems quite fond of it. But remember, skepticism is a trader's best friend.
Installation and Setup
Installing the Laguerre Scrat robot on your MetaTrader 5 platform is relatively straightforward. But let's not kid ourselves; nothing in trading is truly 'straightforward.'
- Step 1: First, download the Laguerre Scrat .ex5 file from the official website forexroboteasy.com.
- Step 2: Open your MetaTrader 5 platform and go to 'File' -> 'Open Data Folder'.
- Step 3: Navigate to 'MQL5' -> 'Experts', and paste the Laguerre Scrat .ex5 file into this directory.
- Step 4: Restart MetaTrader 5.
- Step 5: Find Laguerre Scrat in the 'Navigator' panel under 'Expert Advisors'. Drag and drop it onto the chart where you want it to work its magic.
- Step 6: Adjust the settings according to your risk tolerance. Default settings are usually not optimized for your specific trading strategy, so do your homework.
Experience of Use
You might be waiting for a glowing review here, but let's keep it real. The Laguerre Scrat robot has shown some promise. For instance, it claims to combine different technical indicators to assist in your entries—how novel. In practice, it does offer some assistance in making more informed decisions, but it’s not going to turn your $100 account into a million overnight.
Tips for Improvement
Ah, tips. Traders always want tips. Here are a few to get the most out of Laguerre Scrat:
- Optimize your settings: Trial and error is your best friend. Backtest different configurations and find what suits your trading style.
- Combine with other indicators: Don’t rely solely on Laguerre Scrat. Combine it with other technical indicators for a more holistic approach.
- Risk management: Don't get greedy. Manage your risk to ensure that you stay in the game long enough to see gains.
Source Code of Laguerre Scrat
About the source code… well, it’s a bit of a mystery. We don't have access to the original code of the Laguerre Scrat that's sold on MQL5. But, lucky for you, we can create a code based on the description available on MQL5.
If you have any questions about coding or need a customized version, feel free to drop your queries. Remember, the code we provide is just an example from easytradingforum.com, not the official Laguerre Scrat robot.
Code:
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Ready to try your luck with the Laguerre Scrat trading robot? You can download it from the official website here. The EASY Trading Team is not affiliated with the sale of Laguerre Scrat; we only provided code based on its description. So manage your expectations, and happy trading!
Got any questions? Feel free to reach out.