Introduction
Well, here we are again, evaluating yet another trading robot - Fibonacci Suavizado. Let's dive into its core functionalities, examine its results over the past year, and take a critical look at its strengths and weaknesses. According to user comments, We are not aware of any reviews for this product. Invite the reader to leave a review. The rating? You guessed it, No reviews, No rating formed. Sounds promising, doesn't it?
Function Description
Fibonacci Suavizado, as the name suggests, is a trading robot based on the Fibonacci Retracement levels. It smooths out price data to identify potential entry and exit points. Here are the key features:
- Fibonacci Levels: Utilizes Fibonacci retracement levels to determine support and resistance.
- Adaptive Smoothing: Smooths out price data to reduce market noise.
- Automated Trading: Executes trades based on predefined criteria.
- Risk Management: Comes with built-in risk management features such as stop-loss and take-profit levels.
- Multi-timeframe Analysis: Analyzes multiple time frames for better trade accuracy.
Performance Analysis for the Last Year
While we would love to tell you that Fibonacci Suavizado has turned $1 into $1,000,000, the reality is a bit more grounded. Based on the available data, the robot showed a moderate and inconsistent growth over the past year. It had its ups and downs, but nothing extraordinary that would make us pop a bottle of champagne.
For detailed statistics, you can explore the official statistics on their website here: Fibonacci Suavizado Detailed Statistics.
Pros and Cons
As always, every rose has its thorns, and Fibonacci Suavizado is no exception.
Pros:
- Automated Trading: No need for you to babysit charts all day.
- Risk Management: Comes with built-in risk management, which is always a plus.
- Multi-timeframe Analysis: Provides a more comprehensive market outlook.
Cons:
- Inconsistent Results: The performance over the past year has been far from spectacular.
- No User Reviews: Always a red flag when a product has no reviews or ratings.
- Complex Setup: Some users might find the initial setup challenging.
- Lack of Transparency: The results could be more transparent and robust.
Conclusion
All things considered, Fibonacci Suavizado is yet another trading robot that doesn't exactly reinvent the wheel. While it has some strong points like automated trading and risk management, the inconsistent results and lack of user feedback are concerning. We encourage users to share their experiences and results on our forum to get a better understanding of its efficacy.
Source Code of Fibonacci Suavizado
We don't have access to the original source code of the Fibonacci Suavizado robot sold on MQL5. However, we're more than capable of creating a similar robot based on the description available on MQL5. If you're interested in such a code, feel free to ask questions. Remember, the code we provide is an example from easytradingforum.com, based on the description of the robot being sold on MQL5.
Please note, the EASY Trading Team does not sell the Fibonacci Suavizado robot; we simply provide a code based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Download Fibonacci Suavizado Robot - Example Code by EASY Trading Team
If you have any questions or need further assistance with the code, please don’t hesitate to ask. We are here to help you navigate through the complexities of algorithmic trading. Feel free to discuss this robot on our forum and share your results.
Easy Trading Forum - Example Code for Fibonacci Suavizado