Bullish Harami GA

TopicStarter

Moderator
Apr 15, 2024
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Introduction​


Alright, you want an evaluation of the trading robot Bullish Harami GA, huh? Let's get down to business. No reviews, no rating formed, and you're asking me to pull a rabbit out of a hat. Fine. But don't expect me to sugarcoat anything. Let's see what this bot is made of.

Function Description​


Bullish Harami GA, a trading robot with no reviews, claims to automate trading based on the Bullish Harami candlestick pattern. Its main features include:

  • Automated trading based on the Bullish Harami pattern
  • GA (Genetic Algorithm) for optimizing trading parameters
  • Risk management features like stop-loss and take-profit
  • Backtesting capability with historical data
  • Multiple time frame analysis

Performance Analysis​


I don't have the luxury of user reviews, so I'm left analyzing raw data, which you can view at this link if you're so inclined. Based on the last year's performance, the bot has shown:

  • A modest increase in ROI
  • Average drawdown levels
  • Inconsistent monthly profits
  • Some months performing better than others, typical volatility behavior

So, what's my take? It's not terrible, but it's not blowing my socks off either. The consistency of returns leaves something to be desired.

Pros and Cons​


Pros:
  • Automated trading saves time
  • Genetic Algorithm adds a layer of optimization
  • Risk management features are a plus

Cons:
  • Inconsistent monthly profits
  • Lack of user reviews makes it hard to trust
  • Moderate ROI; not exactly a goldmine

Conclusion​


Would I recommend Bullish Harami GA? Let’s just say it wouldn’t be my first pick. The robot has potential, but there's room for improvement. If you’ve had experiences with this bot, good or bad, do everyone a favor and share your thoughts on our forum. Transparency helps everyone.

Bullish Harami GA Source Code​


We don't have the original source code for Bullish Harami GA, which you can find on MQL5. However, we've created an example code based on its description available from the MQL5 marketplace. If you're curious or have questions about the code, feel free to ask. Keep in mind, EASY Trading Team isn't selling the Bullish Harami GA robot; we've just provided a code sample inspired by its described functionalities.

Code:
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Download Bullish Harami GA: Review and Discussion​


Got something to say about Bullish Harami GA? Feedback, questions, and your own performance results are welcome at easytradingforum.com. Let's get a real discussion going.