INTRODUCTION
In the vast universe of trading robots, today we turn our skeptical gaze towards the AlgoAlpha Median Proximity Percentile. Given its rather pompous name, it certainly grabs attention, doesn't it? But the real question is: can it make you money? Let's find out.DESCRIPTION OF FUNCTIONS
AlgoAlpha Median Proximity Percentile proclaims itself to be a fully automated trading bot, equipped with a custom trading algorithm that uses median price equilibrium proximity percentile generators to execute trades. Yes, that certainly is a mouthful. In simpler terms, it uses algos that are based on the median price to make trading decisions.This trading bot trades all currency pairs, offering quite the variety for those who like to spread out their risk. It also offers customizable risk settings which is a significant advantage -after all, not all traders have the same risk appetite.
ANALYSIS OF RESULTS
Now, to the crux of the matter. Does the AlgoAlpha Median Proximity Percentile actually deliver? With no user reviews or ratings available, it seems we can only turn to the stats provided on the official website. According to which, over the past year, this bot has racked up a win rate of a whopping 70% with a comparatively low drawdown of 15%. However, remember this is unverified data and we highly advise doing your due diligence before investing.PROS AND CONS
Pros:- Fully automated trading
- Customizable risk settings
- Trades all currency pairs
- Lack of reviews and ratings
- Reliance on unverified results
- No transparency with the actual trading strategy
THE SOURCE CODE OF ALGOALPHA MEDIAN PROXIMITY PERCENTILE
Unfortunately, we do not have access to the original source code for the robot being sold on MQL5. However, based on the description provided on MQL5, our team of programmers can create a similar bot. If you've got any questions about our version of the code, feel free to ask them at easytradingforum.com.Please note, we, the EASY Trading Team, do not sell the AlgoAlpha Median Proximity Percentile bot. We've simply built a trading robot based on its description.
Code:
You don't have permission to view the code content. Log in or register now.DOWNLOAD THE ALGOALPHA MEDIAN PROXIMITY PERCENTILE BOT
Intrigued? Head over to the link provided to download our code. Share your results, discuss your opinions about the bot on the forums and let's get a conversation started about this elusive trading bot.