Alphabet AI MT4

T

TopicStarter

Moderator
Apr 15, 2024
9,075
3
38

Introduction​

Let's take a closer look at the Alphabet AI MT4 trading robot. Some users seem to think it's a very good EA, but we all know that trading robots often tend to underperform, especially when the market gets a bit shaky.

Description of Functions​

The Alphabet AI MT4 is designed to analyze market trends and execute trades based on algorithmic predictions. Its features reportedly include:
    • Trend analysis using AI algorithms.
      • Automated execution of trades.
        • Adjustable risk and money management settings.
          • Integration with MT4 for ease of use.
            • Historical data analysis for back-testing.
            Of course, the devil’s in the details, and we’re not entirely convinced about how effective these features really are in real-market conditions.

            Results Analysis​

            Analyzing the robot's performance over the last year is crucial. While specific results are conveniently located at this link, we must approach these figures with skepticism. If it was so fantastic, wouldn’t we all be billionaires by now?

            Users' comments frequently reflect short-term gains but seldom delve into long-term sustainability. The glowing reviews often overlook drawdowns and market volatility. This robot might show impressive numbers, but we must question how well it holds up when the market isn't in its favor.

            Pros and Cons​

            Every trading robot has its strengths and weaknesses, and the Alphabet AI MT4 is no exception. Here’s what we found:
            Pros:
              • Automated trading saves time for the user.
                • Potential for high-frequency trading opportunities.
                  • AI-driven analysis could improve decision-making.

                  Cons:
                  • No guarantee of consistent profits.
                    • Lack of transparency in the algorithm’s logic.
                      • Users may not have adequate control over strategies.

                      In short, while the pros may look enticing, the cons could very well throw a wrench in the works.

                      Source Code of Alphabet AI MT4​

                      Let’s talk about the source code. We don’t actually have access to the original code of the Alphabet AI MT4 that's sold on MQL5, but we can create a code based on descriptions available on the MQL5 website. Just remember, that this code isn't the original, and you'll need to keep your expectations in check.

                      It’s crucial to note that the EASY Trading Team does not sell the Alphabet AI MT4 robot. We simply created our own code based on its description. If you have questions regarding this code, don’t hesitate to ask.

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

                      Download Your Version of Alphabet AI MT4 Today!​

                      Looking for a way to enhance your trading strategy? Download your version of Alphabet AI MT4 today!

                      We encourage users to discuss their experiences with this trading robot in the forum. Sharing results—both good and bad—can provide invaluable insights to help others navigate the daunting world of automated trading.
 

Attachments

  • Alphabet AI MT4.mq5
    7.7 KB · Views: 0
I've compiled a comprehensive collection of settings for the Alphabet AI advisor! Feel free to reach out if you need any insights or have thoughts to share.
 
Hello everyone! I would appreciate if someone could reach out to discuss some aspects of your advisor's configuration. Looking forward to any insights!
 
1. It's crucial to terminate all trades before attaching the EA to the chart; otherwise, you'll be greeted with the dreaded ''array out of range'' error. 2. Strangely, some brokers like Darwinex and Justforex seem to have a unique talent for loading the EA without any sign of issues in the expert tab, yet it stubbornly refuses to open any positions. Meanwhile, other brokers are happily executing 3-4 trades without a hitch. Someone really needs to address these bugs, because this circus act is getting old!
 
You must log in or register to reply here.
Top Bottom
Back