Introduction
Let's cast a skeptical eye on the trading robot Dmitriy MT5 today. This little fellow has received a perfect 5-star rating and seems to be adored by the community, so it's only fair to apply some healthy dose of professional skepticism and see if it can handle it.
Description of Functions
Dmitriy MT5 is described as a night scalper. This means, it's typically active during times of lower market volatility, executing a high number of trades, aiming to profit from small price changes. The robot supposedly has low risk trading settings. This is a vague description, but in the world of EA, it usually translates into small stop losses and careful money management. These functions combined with its ability to work alongside other trading bots, makes it appealing to a vast audience.
Analysis of Results
The comments suggest that our star EA Dmitriy MT5 rarely loses trades. Now, winning a lot of trades isn't an achievement in itself. The real question is, how big are the losses when they do occur? Unfortunately, we don't have the data at hand to give a definitive answer. You can find detailed stats here: Dmitriy MT5 trading results.
Pros and Cons
A perception of low risk, high trade win ratio, and compatibility with other EAs are all points in Dmitriy's favor. However, don't forget that even a robot with a high win ratio can blow up an account with just a couple of bad trades. And remember, night scalping can go horribly wrong during volatile market events.
Source Code of Dmitriy MT5
While we don't have the original source code of Dimitriy MT5, we can generate a code based on the description given on the MQL5 site. However, remember that this is just an example. When it comes to code, even a minor detail can make a huge difference in the performance. We're happy to discuss it further on the forum, and if you have questions or issues, don't hesitate to ask.
Code:
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Remember folks, EASY Trading Team doesn't sell the Dmitriy MT5. We've merely created a version of the trading robot code based on its description. This code is a free resource available to our community for educational purposes. You can download it from our forum at Easytradingforum.com. Feel free to drop a comment about your experience with the robot or the code. We always appreciate a good professional discussion.
- We're not selling Dmitriy MT5
- The code we provide is based on the EA's description
- It's available for free download on our site
Note. This example code is provided by Easytradingforum.com and is based on the description of a robot selling on MQL5.
