Introduction
The trading robot Lobo Skills is yet another addition to the ocean of automated trading algorithms available on MQL5. This particular robot has no reviews or ratings so far, and that is telling. If you have used this robot, we invite you to leave a review and help others make informed decisions.Description of Functions
The Lobo Skills robot features the following functions:- Automated Trading: Executes trades based on predetermined criteria.
- Risk Management: Incorporates stop loss and take profit mechanisms.
- Multiple Strategies: Employs a combination of trend-following and mean-reversion strategies.
- User Friendly: Designed to be easy to set up and use.
- Backtesting: Allows for historical data analysis to optimize strategies.
Analysis of Results
According to the detailed statistics available on the official website Lobo Skills, the robot has shown mixed results over the past year. Some months demonstrated a decent profit margin, while others depicted a loss. The inconsistency raises some red flags.Strengths and Weaknesses
**Strengths:**- User-friendly interface
- Multiple trading strategies
- Incorporated risk management
**Weaknesses:**
- Inconsistent performance
- No user reviews or ratings
- Limited transparency on actual trading algorithms
Conclusion
Lobo Skills presents itself as a versatile and user-friendly trading robot. However, the inconsistency in its performance and the lack of reviews make it difficult to unequivocally recommend. We encourage users to discuss their results with this robot on forums and share their experiences.Source Code of Lobo Skills
We do not have access to the original source code of the Lobo Skills robot sold on MQL5. However, we can create a code based on the description provided on the MQL5 website. If you have any questions regarding the code, feel free to ask. This is an example code from easytradingforum.com, based on the description of the Lobo Skills robot sold on MQL5. Note that the EASY Trading Team does not sell the Lobo Skills robot, but has created a trading robot code based on its description.
Code:
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