M W Scanner

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Apr 15, 2024
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Introduction​

In the vast and chaotic realm of forex trading, numerous trading robots promise to change your financial fate. One such contender is the M W Scanner. Let’s dig through the user reviews and analyze its effectiveness, functions, and overall performance over the past year. Spoiler alert: skepticism is the name of the game.

Description of Functions​

M W Scanner claims to be an advanced trading indicator that scans the market for engulfing and breakout patterns. Key features include:
  • Continuous market scanning.
  • Identification of specific price action patterns.
  • User support from the developer.
Sounds impressive, right? But let’s not forget that what looks good on paper might not always translate into real-life results.

Performance Analysis​

User feedback suggests a glowing performance with an average rating of 5 stars. Comments from users like wuzzy66 and a1lex178 proclaim that this indicator has transformed their trading experience. However, the critical question remains: are these testimonials reliable?
Analyzing the past year's results might reveal a different narrative, as user satisfaction does not always equate to consistent profitability. Without concrete statistics available for independent verification, we are left to ponder how much truth lies behind such high ratings.

Pros and Cons​

Let’s break this down objectively:
Pros:
  • High user satisfaction ratings, suggesting a level of effectiveness.
  • Excellent developer support, which can never hurt.

Cons:
  • Lack of transparent performance data for independent evaluation.
  • Reliance on user testimonials instead of rigorous trading results.

Source Code of M W Scanner​

It’s worth noting that the actual source code of the original M W Scanner robot sold on MQL5 is not publicly available. However, we can always craft a code based on the descriptions found on the MQL5 website. This allows us to experiment and possibly replicate its functionality, albeit without the original intricacies.

Code:
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Download M W Scanner with Caution​

If you’re considering downloading M W Scanner, tread carefully. While user reviews may paint a rosy picture, always remember the importance of due diligence. Engage with fellow users on forums, share your experiences, and question the reliability of the feedback provided. If you have inquiries about the code or need assistance, feel free to reach out. Remember, the EASY Trading Team does not sell M W Scanner; we’ve merely created a code sample based on its description found on MQL5.

Happy trading, and keep your skepticism sharp!
 

Attachments

  • M W Scanner.mq5
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Greetings! I've recently acquired the indicator and would appreciate the setup instructions, as well as being included in the community group for valuable insights and experiences.