Introduction
Welcome to the world of automated trading with The Law of Jungle. If you're here, it's probably because you're tired of manual trading or maybe just curious about the hype around trading robots. Either way, I'll walk you through how to set up and optimize The Law of Jungle, the trading robot that's supposed to be as ruthless and efficient as its name suggests.For those who are wondering about user feedback, No reviews and No rating formed. So, if you end up using it, feel free to be the trailblazer and leave a review.
Installation and Setup
Installing The Law of Jungle is almost as easy as getting a cup of coffee. Here's how to do it:- Download the Robot: Visit the official site The Law of Jungle and download the robot.
- Open MetaTrader 5: Fire up your MetaTrader 5 platform. If you don't have it, download and install it.
- Move the File: Copy the downloaded EA file into the ‘Experts’ folder. Find this under `File` > `Open Data Folder` > `MQL5` > `Experts`.
- Restart MetaTrader 5: Close and reopen MetaTrader 5 to see the robot in the `Navigator` panel under `Expert Advisors`.
- Attach to Chart: Drag and drop The Law of Jungle onto your desired trading chart.
- Configure Settings: Customize the parameters according to your trading strategy. You'll have options for lot sizes, stop-loss, take-profit, and other risk management settings. My advice? Start with the defaults and tweak as you get more comfortable.
Experience Using The Law of Jungle
Using The Law of Jungle is like putting a veteran trader on autopilot. The robot uses a mix of technical indicators to make decisions. In my time using it—okay, it didn’t make me a millionaire overnight, but it’s better than an idle account. The robot seems to manage trades efficiently, but I noticed it could be a bit conservative with profits. It’s almost like it’s afraid of getting hurt.Tips for Improving Performance
Even the best robot can use a little tuning. Here are some tips:- Vary Timeframes: Experiment with different timeframes to see which one yields the best results for you.
- Risk Management: Always set a stop-loss and take-profit. The market can be as unpredictable as a cat on catnip.
- Regular Updates: Keep your robot updated. Developers tend to improve algorithms and fix bugs, so it’s wise to stay current.
- Backtesting: Use the backtesting feature in MT5. It’s like giving the robot a trial run without risking real money.
Source Code of The Law of Jungle
The true source code for The Law of Jungle isn't available; it's like a secret recipe that the creators keep under lock and key. However, we at EASY Trading Team can craft a similar robot based on the description available on MQL5. If you want to dive into coding, consider visiting easytradingforum.com for resources and discussions.
Code:
You don't have permission to view the code content. Log in or register now.Download The Law of Jungle Trading Robot
Ready to unleash the beast in your trading? Download The Law of Jungle Trading Robot and get started today. If you have questions about the code or need help tweaking it, don’t hesitate to ask. Remember, the example code provided by EASY Trading Team is based on descriptions and not the actual original robot sold on MQL5. We don't sell The Law of Jungle; we only offer a version based on its description.So there you have it. The Law of Jungle isn’t the holy grail, but with the right settings, it can give you a fighting chance in the wild world of Forex trading.