Introduction
You're probably here because you stumbled upon the trading robot Fractalicious and want to know if it's worth your time and money. Well, here's a quick spoiler: No reviews, no ratings formed. This doesn't mean it's bad; it just means no one has bothered to say anything about it yet. So, let's dive into it and see what this trading bot has to offer.
Functionality Description
The Fractalicious trading robot primarily utilizes fractal-based algorithms to generate trading signals. It relies on identifying specific price patterns, commonly known as fractals, to predict market direction. Here are some of its notable features:
- Fractal Detection: Automatically identifies and marks fractals on the chart.
- Customizable Timeframes: Allows users to set different timeframes for fractal analysis.
- Risk Management: Includes features like stop-loss and take-profit to manage risk.
- Backtesting Capability: Users can backtest strategies to evaluate performance before live trading.
- User-Friendly Interface: Designed for both novice and experienced traders.
Results Analysis
No real surprises here. The robot hasn't been reviewed, and there's no verifiable track record. The detailed statistics available on the official website (Forex Robot Easy - Fractalicious) provide some insights. However, skepticism remains high as these statistics are self-reported.
From the available data:
- Average Monthly Return: Moderate but inconsistent.
- Drawdown: Acceptable, but occasional spikes raise eyebrows.
- Trade Frequency: Appears to be active, with multiple trades per day.
Strengths and Weaknesses
Strengths:
- Effective in identifying fractal patterns, which can be useful for market prediction.
- Comprehensive risk management options to protect your capital.
- Good customization options for users to adapt strategies to their trading style.
Weaknesses:
- Lack of user reviews and ratings raises questions about reliability.
- Performance data is self-reported and could be biased.
- Occasional drawdown spikes suggest volatility in results.
Source Code of Fractalicious
For those of you who are itching to get your hands on the source code, here's a bit of a letdown: we don't have access to the original code of the Fractalicious robot sold on MQL5. However, we have crafted a code based on the detailed description available on the sales page.
If you'd like to discuss this robot or share your results, we welcome you to join our forum discussions.
Code:
You don't have permission to view the code content. Log in or register now.Download Fractalicious Trading Robot
Looking to get your hands on the Fractalicious trading robot? Visit Forex Robot Easy - Fractalicious and check it out for yourself. If you have any questions about the code or the robot itself, feel free to reach out. Remember, this code is an example from easytradingforum.com, based on a product description, and we're not selling the Fractalicious robot.
