Introduction
Welcome traders, you've probably heard about the Th3Eng PipFinite Pro trading robot. Yes, it's another one of those expert advisors that promises to bag you profits. But before you rush to get it going on your MetaTrader 5 (MT5), let's delve deeper. In this guide, we will examine the ins and outs of this sophisticated piece of software.
Installation and initial setup
Installing the Th3Eng PipFinite Pro follows the same principle as any other MT5 Expert advisor. You download it, load it into your MT5, and place it on your chart. However, as straightforward as it may seem, swift123 seems to be quite satisfied with his experience of the EA giving good results right off the bat. But don't get your hopes high yet.
For optimal performance, you might want to heed lauro1956’s indirect advice and use a good trend indicator alongside. You know what they say – “unity is strength”. A properly set trend indicator can pick out the best market entries for the EA.
Experience of usage
Indeed, our Th3Eng PipFinite Pro EA is quite a piece of work. It takes the complexity of market analysis and boils it down into simple buy/sell signals. However, don't let it loose unattended. Remember, the “Pro” in its name doesn't mean it's perfect. Its performance will rely heavily on your market condition awareness and adjustment of settings.
Tips for improvement
There's no one-size-fits-all with trading EAs. The Th3Eng PipFinite Pro is no exception. To improve its performance, go beyond using default settings. Instead, play around with stop levels, and don’t forget about trailing stops. Additionally, always monitor the equity curve and adjust the EA's risk according to the current market conditions. In other words, know when to let the algo fly and when to keep it on a short leash.
Source Code of Th3Eng PipFinite Pro
Now, to the juicy part - the source code. Well, we have to burst the bubble here. We don't have the original source code of Th3Eng PipFinite Pro, but we can offer you a code generated based on its description from the MQL5 marketplace. Doubtful? You're right. The original robot is sold on MQL5, but what we provide here is a demonstration of its potential functionality. Any questions regarding the code? Feel free to ask us at easytradingforum.com
Remember, we at EASY Trading Team do not sell the original Th3Eng PipFinite Pro. We're just a bunch of traders like you, trying to understand the inner workings of these popular EAs.
Code:
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If you're still keen to download Th3Eng PipFinite Pro and give it a spin, you can find it on the MQL5 marketplace. However, if you're curious about the logic behind it and wouldn't mind a bit of coding, our team has prepared a script for your perusal.
Keep in mind that this code is a representation of the Th3Eng PipFinite Pro based on its description on MQL5. So, while it may not be the real deal, it can give you a good idea of how the EA operates.
Remember that the EASY Trading Team is always here to assist you and answer any questions you might have regarding the code. Remember, this is an example from easytradingforum.com, based on the trading robot's description on MQL5.
Our aim? To make your trading journey as smooth as possible. We may not believe in EAs walking on water, but we do believe in helping traders understand the rationale behind them. Happy trading!