Advanced SR

[TopicStarter]

Introduction​

Trading automation, though a budding concept, has been a controversial issue. That being said, let's venture into the world of Advanced SR, a trading bot that has sparked quite the debate in the MQL5 community. Users are drooling over its functionalities, while others are left with a bitter taste in their mouth.

Description of Functions​

Let's cut to the chase. Advanced SR is a bot that revolves around support and resistance levels. The main task, as its creators claim, is to anticipate price movements by identifying these levels, and placing trades accordingly. It sounds simple, doesn't it? Perhaps too simple...

Analysis of Results​

Analyzing trading results is like trying to predict the weather—often wildly unpredictable and never precise. According to a user danmar, who gave the bot a 5-star rating, Advanced SR is both simple and accurate.

• But let's not kid ourselves, shall we? Success isn't always defined by a starry review.

You can check out the detailed trading results over the past year at this link.

Pros and Cons​

No trading bot is perfect and Advanced SR is no exception. The simplicity of its operation can be a double-edged sword. Fresh traders might find it easier to handle, but seasoned traders might yearn for more advanced features. Our friend danmar suggested adding a display button - an update that was well-received. The bot's developers seem responsive to user feedback, which is always a good sign.

The Source Code of Advanced SR​

Now, here's a twist. We don't have the actual source code of Advanced SR, the original bot that's up for sale on MQL5. What we have is a code made by our team based on the bot's description.

• If you're interested, head over to our forum at easytradingforum.com and ask all the questions you have.

Please note, our team does not sell the Advanced SR bot. We provide a code based on its description for educational purposes.

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Download Advanced SR: An Automated Trading Solution​

Advanced SR continues to spark intrigue and discussions among traders. If you have any questions about the code, don't hesitate to drop them in our forum. Everyone is welcome to share their results. Remember, this code is inspired by the bot description on MQL5 and is not the original Advanced SR bot, which is still sold on MQL5. Check out the site for more insights. May the trading gods be with you!

 

[CommodoreSage]

The indicator is quite impressive, yet I find it limiting that we can't apply multiple instances for different time frames, like H1 and H4. It would be beneficial to enable the selection of various time frames within the parameters or, even better, allow the indicator to be placed multiple times with a unique parameter ID for each instance. Additionally, incorporating buttons to toggle the visibility of the support and resistance lines would enhance usability. Thank you for considering these suggestions!

 

[Max Goodwin]

Is there an estimated release date for the button's availability (please specify coordinates X and Y)? Also, it would be beneficial to implement an ID feature so that the same indicator can be applied multiple times on the same chart, allowing configurations for different timeframes, like M15, H1, and D1. Thank you!