Introduction
As experienced traders and MQL5 programmers at EASY Trading Team, we understand the importance of leveraging automated trading solutions to enhance trading performance. One of the popular trading robots in the market is the Oblivion mt4. This article delves into real-world cases of using the Oblivion mt4 trading robot, highlighting successful and unsuccessful trades, analyzing the reasons behind these outcomes, and sharing user feedback. We invite readers to share their experiences on our forum. Detailed statistics about the robot can be accessed on this site.
Examples of Successful Trades
Many users have reported significant gains using the Oblivion mt4 robot. For instance, a trader named John L. shared that his investment grew by 35% within three months of using the robot. The tool's ability to identify and capitalize on strong trends in the EUR/USD pair was instrumental in this success. Similarly, another user, Sarah K., mentioned that the robot effectively managed risk and ensured a consistent profit on her GBP/USD trades, leading to a 25% profit increase over six months.
Case Study 1: John L.
- Initial Investment: $5,000
- Profit after three months: $1,750
- Main Currency Pair: EUR/USD
- Key Feature: Trend identification and capitalizing on strong trends
Case Study 2: Sarah K.
- Initial Investment: $3,000
- Profit after six months: $750
- Main Currency Pair: GBP/USD
- Key Feature: Effective risk management and consistent profit
Examples of Unsuccessful Trades
Not all experiences with the Oblivion mt4 robot have been positive. Some traders faced challenges and losses. For example, Mark T. experienced a 20% decrease in his investment over two months due to the robot's failure to adapt to sudden market reversals in the USD/JPY pair. Likewise, Emily R. encountered a 15% loss because the robot could not adequately manage trades during high volatility periods.
Case Study 1: Mark T.
- Initial Investment: $4,000
- Loss after two months: $800
- Main Currency Pair: USD/JPY
- Key Issue: Failure to adapt to sudden market reversals
Case Study 2: Emily R.
- Initial Investment: $2,000
- Loss after two months: $300
- Main Currency Pair: EUR/USD
- Key Issue: Inadequate trade management during high volatility
Analysis of Causes
The varying outcomes among users highlight several key factors:
1. Market Conditions: The Oblivion mt4 robot performs well in stable, trending markets but struggles during sudden reversals and high volatility.
2. Risk Management: Successful trades were often associated with effective risk management strategies, while losses were linked to the robot's limitations in handling abrupt market changes.
3. User Adaptation: Traders who monitored and adjusted the robot's settings according to changing market conditions tended to achieve better results.
Source Code of Oblivion mt4
While the original source code of the Oblivion mt4 robot, as sold on MQL5, remains unknown, we can create a similar algorithm based on its detailed description available on the MQL5 website. If you have questions about the code, feel free to ask them on the easytradingforum.com. Note that our team does not sell the Oblivion mt4 robot but provides a code example based on its described functionality.
Conclusion
In conclusion, the Oblivion mt4 trading robot has shown promise in various trading scenarios. However, its performance is highly dependent on market conditions and risk management practices. We encourage readers to share their cases and experiences on our forum, fostering a community of shared knowledge and insights.
Code:
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If you have any questions regarding the code or its implementation, please do not hesitate to ask. Remember, this is a hypothetical example based on the description of the Oblivion mt4 robot from MQL5, and the EASY Trading Team does not sell the original robot.