Partial 2 Levels Take Profit

TopicStarter

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Apr 15, 2024
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Introduction​


Alright, let's cut to the chase. You're here because you want to max out your trading efficiency using a nifty little robot called Partial 2 Levels Take Profit. Sure, the comments from Lupacchiotta, JslTraderman, and Payman make it sound all dandy, but let's keep our skeptic hats on, shall we? Here's a straightforward guide to installing, configuring, and optimizing this trading robot.

Installation and Configuration​


First off, let's get this thing set up. If you can't handle the basics of installing an EA, maybe trading isn't for you. But for those who insist:

  • Download the Robot: Grab the robot from this site. Make sure you're logged in.
  • Install on MT5: Place the .ex5 file in the 'Experts' directory of your MetaTrader 5. Restart MT5 and look for Partial 2 Levels Take Profit in the Navigator panel.
  • Attach to a Chart: Drag and drop the robot onto a trading chart. Configure the inputs according to your trading strategy. Common settings include lot size, take profit levels, and break-even points.
  • Enable Automated Trading: Make sure the 'AutoTrading' button is pressed. If it's not, don't come crying when nothing happens.

Usage Experience​


So, what’s the real deal here? After spending some quality time with this EA, here are some observations:

Pros:
  • Simple to use, making it idiot-proof.
  • The break-even function is a nice touch. If only all things in life had a break-even function.

Cons:
  • Limited flexibility. Don’t expect it to read your mind.
  • No predictive features. This isn't a crystal ball, folks.

Tips for Improvement​


Alright, now for the golden nuggets. Make sure you perform these optimizations:

  • Backtesting: Always backtest before going live. If you skip this, you deserve the financial hit.
  • Adjust Lot Sizes: Don’t just use the default settings. Adjust lot sizes according to market conditions.
  • Monitor Regularly: Yeah, it’s automated, but don’t just set it and forget it. Keep an eye on it, like a hawk.

Source Code of Partial 2 Levels Take Profit​


Here’s the kicker: we don’t know the exact source code of the original Partial 2 Levels Take Profit robot from MQL5. But don't fret, based on its description, we’ve whipped up a version that closely mimics its functions.

If you're interested in this version or have questions about the code, feel free to ask. Remember, the team over at easytradingforum.com doesn’t sell the original robot. We’ve just recreated it based on available information.

Code:
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Download Partial 2 Levels Take Profit Trading Robot​


Ready to give it a go? Download the Partial 2 Levels Take Profit trading robot from here and start optimizing your trades. Have fun, but don't blame us if you end up on the wrong side of a trade. Trading is risky; even robots can't save you from that.

Got questions? Sure, drop them in the comments. We'll be here, being our skeptical selves.
 
Absolutely love the simplicity and effectiveness! The sound adds a delightful touch that makes it even better.