Trade Guardian MT5

TopicStarter

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Apr 15, 2024
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Introduction​


So, you've decided to try out Trade Guardian MT5—a trading robot that promises to improve your trading efficiency. Well, aren't you the optimist? While I'm here to guide you through the installation and setup process, let's not forget that every trading strategy has its flaws. You'll see what I mean.

And by the way, if you're feeling generous, feel free to leave a review. We could use some user feedback because, you guessed it, No reviews No rating formed.

Installation and Setup​


First things first, let's get that robot up and running. Follow these steps (if you must):

  • Download Trade Guardian MT5 from the official website.
  • Open your MetaTrader 5 platform.
  • Navigate to File > Open Data Folder.
  • Locate the MQL5 folder, then the Experts subfolder.
  • Copy the downloaded Trade Guardian file into this folder.
  • Restart MetaTrader 5.
  • Go to the Navigator window and drag Trade Guardian onto your desired chart.
  • Customize the settings as per your trading plan. Good luck figuring that out.
  • Enable AutoTrading by clicking the AutoTrading button.

There you go, Trade Guardian MT5 is now ready to either make you rich or cry into your pillow. Who knows?

Experience Using the Robot​


Okay, let's get to the juicy part—actual usage. From my experience, Trade Guardian MT5 provides decent trade signals, but don't throw your common sense out the window. The robot follows predefined algorithms, which means it's not immune to market fluctuations.

Here are some pros (if you can call them that):
  • Automated trading frees up your time. Perhaps to find a more reliable system?
  • The setup is relatively simple, even if the results are unpredictable.

And the cons (brace yourself):
  • Doesn't account for sudden market changes. You might want to keep an eye on it.
  • Limited customization options. Creativity obviously isn’t its strong suit.

Feel free to disagree. Oh wait, no user reviews yet.

Tips for Improving Performance​


If you're still determined to use Trade Guardian MT5, here are a few tips for optimizing its performance:

  • Customize Settings: Adjust the robot’s parameters according to your specific trading strategy. Default settings are for amateurs.
  • Regular Monitoring: Don’t leave it completely unattended. It's not your babysitter.
  • Market News: Keep up with market news to make adjustments as needed. Robots are not mind readers.
  • Risk Management: Use sensible stop-loss and take-profit levels. This isn't a casino.

You're welcome.

Source Code of Trade Guardian MT5​


For those of you tech-savvy traders out there, we don't have access to the original source code of Trade Guardian MT5 sold on MQL5. However, we can create a code based on its description from the MQL5 site. It’s not rocket science, but manage your expectations.

If you have questions or need customization, feel free to ask. We're here to help, somewhat.

Code:
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Download Trade Guardian MT5 Trading Robot.​


If you’ve made it this far, you might actually want to download Trade Guardian MT5. Head over to the official website and see for yourself. And hey, while you’re at it, why not be the first to leave a review?