VIX 75 Step Index

TopicStarter

Moderator
Apr 15, 2024
10,062
4
38

Introduction​

Let's get right to the point: trading VIX 75 Step Index with a robot can save you time, headaches, and maybe even some money. Though I wouldn't bet my last penny on it. Trading robots, like the VIX 75 Step Index robot, claim to make your life easier, but as with anything in trading, there are no guarantees. You can read user feedback like mira1992 who says, THE INDICATOR REPAINTS AND RECALCULATES...SAVE YOUR MONEY. Well, you've been warned. Let's dive into how to effectively install and configure this trading robot.

Installation and Configuration​

To install and configure the VIX 75 Step Index trading robot, follow these steps:

  • Download the trading robot: Get the VIX 75 Step Index robot from the official website.
  • Open MetaTrader 5: Launch your MetaTrader 5 platform.
  • Add the robot: Navigate to File > Open Data Folder > MQL5 > Experts, and paste the downloaded .ex5 file into this folder.
  • Compile the robot: Return to MetaTrader 5, go to the Navigator panel, right-click Expert Advisors, and select Refresh. The VIX 75 Step Index robot should now be visible.
  • Attach the robot to a chart: Drag the VIX 75 Step Index robot onto the chart for the VIX 75 Step Index.
  • Configure the settings: Adjust settings like Lot Size, Stop Loss, and Take Profit according to your risk tolerance and trading strategy. Remember, robots aren’t magical creatures; they need your input to function effectively.

Experience of Usage​

Using the VIX 75 Step Index robot can be a rollercoaster ride. From my experience, this robot can provide decent returns if configured correctly. However, the market is unpredictable, and even the best algorithms can fail. The robot doesn’t have feelings, but it does have parameters that need to be tweaked. It's like owning a pet; you need to feed it and take care of it, or it will bite you back.

Tips for Improvement​

Here are some tips to help you improve the performance of the VIX 75 Step Index trading robot:

  • Backtesting: Before you jump in with real money, use the Strategy Tester to backtest the robot with historical data.
  • Regular Updates: Keep an eye out for updates from the developer. Often, minor tweaks can improve performance significantly.
  • Risk Management: Never throw all your eggs in one basket. Use proper risk management techniques, like setting stop losses and take profits.
  • Monitor Regularly: Don't leave the robot running unattended for long periods. Check in periodically to ensure it is performing as expected.

Source Code for VIX 75 Step Index​

While the original source code for the VIX 75 Step Index trading robot sold on MQL5 is not publicly available, our team at EASY Trading Team can create a robot based on its described functionality. So, if you're interested, you can join our easytradingforum.com community for a custom solution.

Code:
You don't have permission to view the code content. Log in or register now.

Download and Use VIX 75 Step Index Trading Robot​

Ready to try out the VIX 75 Step Index trading robot? Head over to this link to download. If you have any questions about the code or how to set it up, feel free to ask. Remember, the VIX 75 Step Index robot we're talking about here is a creation based on descriptions and not the original robot sold on MQL5. Our EASY Trading Team doesn't sell this robot; we've merely provided a custom-coded version based on its features.

Keep your expectations grounded. After all, this is trading, not a magic show.