Introduction to Martin Armstrong Cycles Trading Robot
Meet the Martin Armstrong Cycles trading robot, an algorithmic system that has gained a wave of positive feedback on MQL5.com. According to users, such as mrvg and hberti, this tool is known for its precision and high profitability. However, as an experienced trader from EASY Trading Team, I would approach it with a certain amount of skepticism. After all, in our world of forex trading, there's rarely such a thing as a sure bet.
Installation and Settings
Installing the Martin Armstrong Cycles Robot is pretty straightforward. After purchasing or downloading the expert advisor (EA) from the MQL5 website, just follow these steps:
- Open your MetaTrader 5 platform
- Click on File > Open Data Folder
- Open the MQL5 folder and then the Experts folder
- Paste the downloaded .mq5 or .ex5 file here
- Restart your MetaTrader 5 platform
- Drag and drop the EA to the chart of the currency you want to trade
As for the settings, despite the claims of our enthusiastic user mrvg, it's not a magical tool and requires some fine-tuning. Make sure to adjust the settings to match your risk tolerance level and trading strategy.
Experience Using the Robot
After several months of testing, the Martin Armstrong Cycles robot has shown promising, but not extraordinary results. While user hberti boasts of an 83% success rate, I would advise you not to gloat over such a figure blindly. Remember, the performance may vary depending on the market conditions and your trading settings.
Tips for Improvement
From an expert's perspective, I would recommend trying the robot on a demo account first, tweaking its settings, and getting the hang of its functionality before switching to a live account. Also, don't forget to set a stop-loss level to protect your capital from unexpected market moves.
The Source Code of Martin Armstrong Cycles
As of now, the original source code of the Martin Armstrong Cycles trading robot is not publicly available. However, that doesn't stop savvy MQL5 programmers from creating their own code based on the description provided on the MQL5.com page. Please note that this is purely an interpretation of the original algorithm, not the exact clone of it. Feel free to ask questions regarding this code from the easytradingforum.com community.
Code:
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To start utilizing the dynamic world of the forex market, download Martin Armstrong Cycles and dive into the depth of algorithmic trading. Kindly remember that this is a recreated code by the EASY Trading Team based on the robot's description, not the original product. EASY Trading Team neither sells nor takes responsibility for the performance of Martin Armstrong Cycles on MQL5.