NNFX Strength System

[TopicStarter]

Introduction​

The NNFX Strength System is one of those trading robots that promises much but, as with anything in the trading world, results may vary. With a user rating of 3 out of 5, it seems the community has mixed feelings about its efficacy and features. Let's delve into the specifics and see if this robot has what it takes to deliver on its promises.

Description of Features​

The NNFX Strength System boasts a few additional features compared to other similar products. Key functionalities include:

• A variety of indicators for signal generation.
• Customizable settings for tuning according to user preferences.
• Integration with No Nonsense Forex methodology, though the relevance is questionable.
• Alerts for trading signals, although the user feedback suggests they are quite limited.
• A currency data update expert, which, according to a user, is prone to crashes.

It appears that while the system has potential, its execution leaves much to be desired.

Analysis of Results​

When analyzing the performance over the last year, it's crucial to consider various metrics such as drawdown, win rate, and overall profitability. However, without concrete statistics provided in the user feedback or via the linked trading robot statistics, it’s tough to draw definitive conclusions. Anecdotal evidence points to some users finding success when tuned properly, but that seems to be a game of trial and error rather than a guarantee.

Pros and Cons​

This robot does have its strengths, yet the weaknesses are glaring.

Pros:

• More features than many competitors.
• Potential for custom tuning, appealing to advanced users.
• References to a proven trading methodology (No Nonsense Forex).

Cons:

• Horrendous layout that can overwhelm any screen size.
• Limited alert functionality, making it less user-friendly.
• The currency data update feature is unstable and seems unnecessary.
• User feedback suggests significant improvements are needed for its viability.

Source Code of NNFX Strength System​

Interestingly, the actual source code for the NNFX Strength System is not made public, and the version sold on MQL5 may likely differ from what one could recreate. However, we can develop a version based on the descriptions available on the MQL5 site. But remember, the original code remains elusive.

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Download NNFX Strength System​

For anyone curious about the NNFX Strength System, discussions are encouraged on forums to share results and experiences. Your insights could help others in deciding whether this robot is worth their time. Should you have questions about coding or implementations, feel free to ask. This is just an example of the code from easytradingforum.com, created based on the robot's description sold on MQL5. The EASY Trading Team doesn’t sell the NNFX Strength System but has developed a coding example reliant on its specifications.

In summary, while the NNFX Strength System has some intriguing features, its practicality remains under scrutiny. If you are keen on exploring its capabilities, remember to tune it carefully, and perhaps you'll unlock its potential—if it has any to begin with.

 

[Vicente Morales]

I've encountered a couple of challenges with the indicator. Firstly, its size is overwhelming, taking up my entire MT4 screen, making it nearly impossible to see the charts as demonstrated in the tutorial video. Additionally, I've found it impossible to get a proper entry signal across various pairs, regardless of the market's bullish or bearish tendencies. Any guidance on resolving these issues would be greatly appreciated!

 

[AlgoTraderFX]

I disabled the choppiness filter and the outcome remained unchanged. It's intriguing how these settings might seem impactful, yet they don't sway the results much.