Introduction
In the ever-evolving world of trading algorithms, the AU 79 Gold EA MT5 robot has caught the attention of traders. With glowing reviews, such as the one from user yet0 who praises it for steady profits and helpful support, it's time to take a closer look. Let's analyze the functions, results, and overall effectiveness of this trading robot, all while keeping a skeptical eye, because if there’s one thing trader-programmers hate, it’s being impressed by anything too easily.
Features Description
The AU 79 Gold EA MT5 boasts a set of intriguing features. It's designed for trading Gold on the MT5 platform and promises consistent performance. Apparently, it handles trade entries, risk management, and exits without the need for previous trading experience. While the promise of automated expertise sounds enticing, remember that automated doesn't always mean foolproof.
Performance Analysis
Reviewing the past year's performance, the AU 79 Gold EA MT5 seems to deliver on its promise of steady profits, with minimal losses reported by users. However, without detailed statistical data directly from the website (Forex Robot Easy), it's essential to approach these claims with caution. While the user review suggests an impressive win rate, remember that past performance is not always indicative of future results.
Pros and Cons
Pros:
- User-friendly for those with no prior EA experience
- Consistent profits reported by users
- Responsive support from the author
Cons:
- Lack of transparency in detailed performance data
- Limited user reviews available
- Potential over-reliance on past performance
Source Code of AU 79 Gold EA MT5
One of the mysteries surrounding the AU 79 Gold EA MT5 is its source code. The original code sold on MQL5 remains undisclosed, leaving traders to rely solely on the developers’ promises. However, a code can be crafted based on the algorithm’s description available on MQL5. If you're intrigued, you might want to try developing your version, but remember, it's a replica, not the real thing.
Code:
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If you're convinced by the potential of the AU 79 Gold EA MT5, head over to the marketplace and give it a test run. For those interested in coding questions, feel free to ask them. Note that the code example from easytradingforum.com is based on the description of the robot sold on MQL5. The EASY Trading Team does not sell the AU 79 Gold EA MT5 but has developed a demo code inspired by its functionalities.