Introduction
Welcome to the world of Oracle MT4, a trading robot that promises to revolutionize your trading experience. Developed by Stanislav Tomilov, this robot boasts advanced machine learning and neural network technologies. But let's not get too excited just yet. With a rating of 4.8 and mixed user reviews, it's worth diving deeper to see if it lives up to the hype.Installation and Setup
Installing Oracle MT4 is straightforward, but don't expect it to be a walk in the park. Here's a step-by-step guide to get you started:- Download the Oracle MT4 EA from here.
- Open MetaTrader 5 and navigate to the File menu.
- Select Open Data Folder and then go to the MQL5 folder.
- Place the downloaded EA file into the Experts folder.
- Restart MetaTrader 5.
- Attach the EA to a GBPUSD or Gold (XAUUSD) chart on the M5 timeframe.
- Configure the input parameters such as RiskPerTrade, RSIPeriod, BBPeriod, and BBDeviation.
- Enable the news filter if you want to avoid trading during high-impact news events.
Once installed, Oracle MT4 will start analyzing the market and executing trades based on its algorithms. But remember, no trading robot is foolproof.
User Experience
User reviews are generally positive, but let's not kid ourselves. John Paul praises the robot for its genuine neural network and high-quality trades. Max14000 appreciates the developer's responsiveness. However, orcea points out the need for adjustments based on broker settings. This highlights the importance of ensuring compatibility with your broker. The robot's performance is impressive, but it's not without its quirks.Tips for Improvement
Here are some tips to get the most out of Oracle MT4:- Adjust Settings: Customize the EA settings based on your trading style and risk tolerance.
- Monitor Performance: Regularly check the performance metrics and logs to ensure the robot is operating as expected.
- Use the News Filter: Enable the news filter to avoid trading during high-impact news events.
- Broker Compatibility: Ensure your broker supports the necessary features and adjust settings accordingly.
Source Code of Oracle MT4
We don't have access to the original source code of Oracle MT4 sold on MQL5. However, based on the description available on the MQL5 website, we have created a sample code. This code is an approximation and should be used for educational purposes only. If you have any questions about the code, feel free to ask.
Code:
You don't have permission to view the code content. Log in or register now.Download Oracle MT4
If you're interested in trying out Oracle MT4, you can download it from here. Remember, this is a sample code created by the EASY Trading Team based on the description of the Oracle MT4 robot sold on MQL5. We do not sell the Oracle MT4 robot; we only provide a code based on its description.In conclusion, while Oracle MT4 offers advanced features and high accuracy, it's essential to approach it with realistic expectations. Happy trading!
