VWAP Indicator by PipTick MT4: Your Comprehensive Guide
Looking for a handy tool to aid you in the tumultuous world of Forex trading? Let me introduce you to the VWAP Indicator by PipTick MT4. This trading robot has been a subject of many trader’s conversations, albeit with mixed feelings. Let's take a closer look at this and sort the wheat from the chaff.
Installation and Configuration
Even though one of our users, Oscar Gutiérrez Jiménez, mentioned some issues with CPU performance, it seems the updates have addressed this problem. So let's get this piece of software up and running.
Here's what you need to do:
1. Purchase the VWAP Indicator by PipTick MT4 from the MQL5 marketplace. Don't worry, it comes at a very reasonable price.
2. Download and install it onto your MT4 platform.
3. Configure the settings to suit your preferences. Note that the default settings may not necessarily be suitable for your specific trading strategy.
Experience Using the Robot
As a seasoned trader and programmer, you learn to manage your expectations. The VWAP Indicator is not a miraculous tool that will make you a millionaire overnight, be that as it may, it can certainly give you an edge when used correctly. Just remember to conduct your risk management effectively, as no strategy or tool is foolproof.
Improvement Suggestions
An aspect to consider for improvement would be the frequency of updates. As Oscar pointed out, it appeared to be stagnant for a while. Regular updates and prompt responses to user queries can prevent disappointing experiences and improve customer satisfaction.
Source Code of VWAP Indicator by PipTick MT4
And now the million-dollar question, what about the source code of this trading robot? As you might guess, the actual source code of the original robot sold on MQL5 is not known to us. However, you can create code based on its description from MQL5. It's like reverse engineering, but without the illicit connotations. Any questions about this code? Feel free to ask on the easytradingforum.com.
Remember, we, at EASY Trading Team, did not sell the VWAP Indicator by PipTick MT4. We have simply created a trading robot code based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Downloading VWAP Indicator by PipTick MT4 and Wrapping Up
To download this trading robot, just head to the MQL5 website and search for the VWAP Indicator by PipTick MT4. Test it out on a demo account, just to play it safe.
In conclusion, no trading tool is perfect, and this one is no exception. However, it can provide some semblance of order in the inherently chaotic world of Forex trading. Just remember, the key lies not in the tool, but in how you use it.
For a detailed performance analysis of the robot, check it out here.