Introduction
Well, back to the grindstone, this time with Gbpusd Pivots Trend Master MT4, a trading robot that apparently has run out of reviews or ratings. No tales from awestruck traders or annoyed victims. An enigma wrapped in a mystery, or just another metal trader in a vast ocean of the same? Let's dive in.Description of Functions
Gbpusd Pivots Trend Master MT4 is a trading robot specially designed to operate on GBPUSD currency pair. It uses a unique pivot point trend strategy, deploying long and short positions in response to market fluctuations. It's touted to have an inbuilt auto lot money management feature which offers dynamic stop loss and take profit levels.Analysis of Results
As much as I'd love to spin a nice yarn about the robot's performance, the reality is a gaping void of no reviews and unformed ratings. However, the statistics on the website indicate a profitable operation. There's always a catch, isn't there? It's just the past year's performance, and as your high school economics teacher drilled into your head, past performance is not a predictor of future results.Pros and Cons
The pros here are that the robot is straightforward to use, and it can trade round the clock which is a boon as the Forex market operates 24/7. It has automated money management, which takes some of the guesswork out of the trading process.And now the cons. The specific focus on GBPUSD can be a limiting factor. The market is unpredictable, and a strategy that works now might not hold up in the future. And of course, the lack of reviews or ratings is a huge red flag.
The Source Code of Gbpusd Pivots Trend Master MT4
The original source code of the robot remains a mystery as it's only available for purchase on MQL5. But, we came up with the code, based on the description provided on MQL5. Any questions about the code, don't hesitate to ask. Remember, this is just an example from easytradingforum.com and it is not intended for commercial use. The EASY Trading Team neither sells nor endorses the Gbpusd Pivots Trend Master MT4.Download Gbpusd Pivots Trend Master MT4 – Test and Share Your Results
Interested to put this elusive piece of software through its paces? Head over to MQL5 to download the Gbpusd Pivots Trend Master MT4. Once you've given it a whirl, consider sharing your experience with the rest of the community. A bit of healthy skepticism and open discourse is always appreciated. And remember, if you have queries regarding the example code, fire away. We're all in this together.
Code:
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