Description of the easy-to-use trading robot Piggy n The Middle
The Piggy n The Middle automated advisor offers ease of setup and minimal parameters for operation. Intuitive interface, ease of installation, and straightforward concept make it outstanding. This Forex robot quickly opens buy and sell positions simultaneously, without unnecessary complexities. We will reveal the features of the program’s operation and share the key rules of its use in this review.
Detailed review of the Piggy n The Middle trading advisor and trading principles
The unpredictability of market movements is the main problem for traders. Piggy n The Middle is designed to avoid this uncertainty. It simultaneously opens two trades in different directions to cover a wide range of price changes. From the robot’s point of view, the entry itself is important as it aims to average results.
Choosing Piggy n The Middle promises users:
- a 50% increase in a year of use,
- continuous work without breaks and daily rest,
- opening trades in multiple directions simultaneously,
- trading on currency pairs with average volatility,
- trade automation,
- H1 period for effective operation.
Recommended articles for you:
- Review of the Ultron trading advisor: features and user reviews
The idea of efficiency of Piggy n The Middle gives rise to key risks. One of the open orders is doomed to loss, which critically affects the overall strategy outcome due to the lack of stop losses. Users actively express this in their reviews about the robot.
Although Take Profit may slightly mitigate losses, the strategy is far from perfect. To increase the deposit, one should wait for the market to turn in the right direction to compensate for losses considering past successes. However, the developers of Piggy n The Middle overlook some aspects:
- lack of guarantee of market return in the desired direction,
- the extended process of return accompanied by new positions, exacerbating losses.
In addition to refining the strategy, users are advised to:
- bet on average volatility for rebounds and loss compensation,
- set minimum values for frequent trades with small deposits,
- adequately determine the trend direction for successful operation. In a sideways trend, Martingale tactic will lead to losses.
Before fully automating the Piggy n The Middle advisor, analyze the market and assess the situation. In times of strong dynamic movements, increase the volume in the right direction, and decrease it during the recoil phase.
How to set up the Piggy n The Middle trading robot?
The installation process goes through several steps:
- download the zip file with the .ex4 extension,
- install the MetaTrader 4 terminal required to operate the robot,
- go to the “Open Data Folder” section in MetaTrader 4 and copy the contents of the Experts folder to the necessary directory,
- restart the trading terminal. After fulfilling the conditions correctly, Piggy n The Middle will appear in the list of advisors,
- for convenience, add a hotkey to launch the advisor through the context menu.
Using the Piggy n The Middle advisor
After installing the Piggy n The Middle robot, manage the functionality independently:
- use the popup window for settings and removing the advisor from the chart,
- disable automatic trading with a button if necessary,
- for uninterrupted program operation, set up a VPS server,
- adjust settings through the “Navigator” screen,
- all actions are recorded in the log for error analysis.
Conclusions about the Piggy n The Middle advisor
The automated advisor Piggy n The Middle is easy to use, requires minimal investment to start. It is great for novice traders with limited funds looking to minimize risks. The robot’s principle of operation is based on simultaneous trading in multiple positions in opposite directions. Despite some drawbacks, we recommend trying Piggy n The Middle in action.
Author: Alina Maymistova
