Introduction
Welcome everyone, today we're going to dissect the trading robot - Mr. Averager MT5. This seemingly sophisticated apparatus has caught our attention, and it’s high time we do a deep dive into its functionalities and performance.
Description of Functions
Mr. Averager MT5 is a trading robot that primarily operates based on averaging and martingale principles. This implies that it keeps opening new trades in the direction of the trend. It also uses additional filters to improve the entry point such as Moving Average, and offers adjustable settings that give a trader control over trade parameters including the lot size, take profit, stop loss, and trailing stop. This robot seems to be focusing on forex trading, but without any user reviews or ratings, its real-world performance remains a mystery.
Analysis of Results
Reviewing the performance of Mr. Averager MT5 is challenging since there are no user reviews or ratings. Not a soul has left a commentary or rating, leaving the assessment to our experience and intuition. The results of the last year remain elusive, largely due to this lack of feedback. However, we encourage you to take the leap and share your results on Easy Trading Forum
Pros and Cons
Pros:
- Offers flexibility in adjusting trade parameters.
- Built-in filters for better entry points.
- Operates on a risky strategy of averaging and martingale.
- Lack of reviews or ratings prevent us from assessing its efficacy.
The Source Code of Mr Averager MT5
Not knowing the original source code of this trading robot adds to the intrigue. Although we have no access to the original code of this trading algorithm being sold on MQL5, we can still create a code based on the description on the MQL5 website. If you have any questions about this code or need help understanding it, don't hesitate to ask. Remember, this is a code sample from easytradingforum.com, based on the description of the robot for sale on MQL5. It’s important to note that the EASY Trading Team does not sell Mr. Averager MT5. We have simply developed a trading robot code based on its description.
Code:
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In conclusion, Mr. Averager MT5 appears to be a complex algorithm, built with keen attention to adaptability and precision. However, its martingale strategy raises questions about its reliability. While we encourage users to download and try Mr Averager MT5, we remind you to approach it with a healthy dose of skepticism. Feel free to share your experiences and results in the EasyTradingForum. Let’s uncover the mysteries of this trading robot together!