Introduction
Today we meet again on our trading platform, sipping our cold coffees as we scrutinize the potential of a trading robot called Harmonic ABCD Universal. This robo-trader has high praises across the board, with a rating of 5 and comments from users who swear by its accuracy. However, as always, we at EASY Trading Team prefer to dig beneath the surface.
Function Description
Harmonic ABCD Universal, according to the details on its MQL5 page, is a Forex trading robot that uses the Harmonic ABCD pattern to make trading decisions. These decisions are made based on various technical indicators, with the bot continuously monitoring the market for trading opportunities.
Remember, while users are praising the accuracy of the bot, trading outcomes are dependent on various market conditions and can never be guaranteed.
Performance Analysis
From an analytical standpoint and based on user reviews, Harmonic ABCD Universal seems to perform with impressive accuracy. One user, Nelson Belchior, has reported a 100% accuracy rate on a 15-minute timeframe. However, let's not get too excited, these are just words.
To see the real performance, I encourage you to navigate to the official results page for a detailed view of the robot's performance. But remember, past performance is not a reliable indicator of future outcomes.
Pros and Cons
Here is a quick overview of the strengths and weaknesses of Harmonic ABCD Universal, as far as we can tell:
Strengths:
- High user rating and positive feedback
- Uses the Harmonic ABCD pattern, a well-known and respected trading technique
- Continuous market monitoring
Weaknesses:
- Some users have reported issues with configuring the indicator's colors
- The robot's performance heavily depends on market conditions
- The real source code is not available for the public.
Original Code of Harmonic ABCD Universal
We do not have access to the original source code of the robot sold on MQL5. However, we can create a code based on the description given on MQL5. If you have questions about this code, feel free to ask on easytradingforum.com. Please keep in mind that this is not the original bot code, but a replica based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Download Harmonic ABCD Universal for a Test Drive
If you are interested in taking a look at Harmonic ABCD Universal, you can download it here. Keep in mind that EASY Trading Team does not sell this robot. Our aim is to aid traders in making an informed decision. Discuss your results on our forum, and let us collectively weigh the efficacy of this seemingly impressive trading robot.