Introduction
Meet Clearance, a trading robot that tries to convince you it's the next best thing in automated trading. With no reviews or ratings to its name, it's hard to feel too optimistic about its potential. For those brave souls willing to test its waters, let's dive into its main functions and analyze its yearly performance.Description of Functions
Clearance comes with a set of features that could either make or break your trading experience. Here's a list of its primary functions:- Automated Trading: Executes trades based on predefined algorithms.
- Risk Management: Includes stop loss and take profit settings.
- Customization: Allows users to tweak certain parameters.
- Backtesting: Offers historical data analysis for strategizing.
- Multi-Pair Trading: Can handle multiple currency pairs simultaneously.
Analysis of Results
Without any user reviews to lean on, we must rely on the stats available on the product's website (Clearance Performance). According to these stats, the robot had an average yearly return of 25%. While that sounds impressive, keep in mind that past performance is no guarantee of future results. The drawdown was listed at 15%, which isn't disastrous but also not negligible.Pros and Cons
Let's break down what we like and dislike about Clearance.Pros:
- Decent yearly return rate.
- Offers customization and risk management settings.
- Supports multi-pair trading.
Cons:
- No user reviews or ratings available.
- Significant drawdown risk.
- Lack of transparency in code.
- Performance claims need independent verification.
Source Code of Clearance
Unfortunately, the true source code of Clearance remains a mystery. What we can do is create a code based on the general description available on MQL5. For those interested, you can visit easytradingforum.com to discuss or ask questions about how this approximation was coded.
Code:
You don't have permission to view the code content. Log in or register now.Download Clearance Trading Robot - Easy Trading Team Version
If you're still intrigued by Clearance and want to see a version based on our interpretation, feel free to download it here. Remember, this is an approximation and not the original.Have you tested Clearance? Leave a review and join the discussion on our forum. We are always keen to hear diverse experiences and insights.