Introduction
Pending Grid STOP Manual – a trading robot that has garnered attention for its unique way of handling pending orders. If you believe that any trading strategy is foolproof, I have a bridge to sell you. Nonetheless, this EA has its merits. In this guide, we will discuss how to install and configure the robot for maximum efficiency, share my experiences using it, and offer some tips for improvement. For detailed statistics, you can visit Pending Grid STOP Manual Stats.Installation and Setup
So, you’ve decided to give Pending Grid STOP Manual a whirl. Here’s how you get started:- Download the EA: Head over to MQL5 or any other trusted source to download Pending Grid STOP Manual.
- Install in MetaTrader 5: Place the file in the ‘Experts’ directory within your MQL5 folder. Restart MetaTrader 5.
- Attach to Chart: Open your desired currency pair chart and add the EA from the ‘Navigator’ panel.
- Configurate Settings: Here are some key settings to tweak for maximum efficiency:
- Lot Size: Adjust based on your risk management strategy.
- Grid Step: Determines the distance between pending orders.
- Max Orders: Sets the maximum number of open orders.
- Magic Number: Aworex, you’re spot on. It’s puzzling not to have this option. Hopefully, the next update addresses it.
Experience Using Pending Grid STOP Manual
The robot takes a methodical approach to placing pending orders, which can be both good and bad. It significantly reduces the time spent manually setting orders. Case in point, d.dames claims it revolutionized their trading process, saving them hours. I found it useful but not groundbreaking. Yes, it saves time, but it won’t turn you into Warren Buffett overnight.Tips for Improvement
Ah, here’s my favorite part. Improvements. The tool is decent, but it has room for growth:- Add a Breakeven Button: This is a smart idea, thanks d.dames. It would offer better control over trades.
- Magic Number Addition: Seriously, why is this missing? Multiple EAs on one account could use this.
- More Customization Options: Traders love tweaking. Add more parameters to make it versatile.
Original Source Code Pending Grid STOP Manual
Here’s the kicker – we don’t have the original source code for Pending Grid STOP Manual, which is, quite frankly, an inconvenience. However, it’s not the end of the world. Our team at EASY Trading Team can create a similar robot based on its description from MQL5. If you’re keen on diving into the code, feel free to ask us questions.
Code:
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Thinking about giving it a shot? You can download Pending Grid STOP Manual from this link. Remember, we don’t sell the original EA, we simply offer a code based on its description. Happy trading!This article is brought to you by EASY Trading Team. Go ahead, ask questions if you have any about the code. We're here to share our expertise, not miracles.