OptiTrade

TopicStarter

Moderator
Apr 15, 2024
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Introduction​


As an experienced MQL5 programmer, I've seen a multitude of trading robots - some good, some... well, not so much. Today, we are going to dissect a trading robot named OptiTrade for its worth. Based on the information available, there seems to be no existing user reviews or ratings, which makes our task even more interesting. I encourage you, dear reader, to drop a review of this robot if you have had a chance to try it out. Now, let's dive into it.

Description of Functions​


Just like many other trading robots, OptiTrade is designed to make trading easier by automatically executing trades based on its programmed strategy. Its primary features seem quite promising. One of the main functionalities is to manage market risk by implementing stop losses and take profit levels. It also claims to adjust to market conditions to ensure optimal performance - an attractive feature, indeed. But, the question is - does it deliver?

Analysis of Results​


Since there are no user reviews available, an analysis of the OptiTrade's trading results over the last year is all we can rely on. A visit to their website reveals... [text]. My skepticism remains high without real user perspectives to back these claims.

Pros and Cons​


The positive side, OptiTrade offers automated trading and risk management strategies, which can be a win for those who value hands-off trading. But on the downside, the absence of user reviews and ratings leaves much to be desired. In the trading world, user experience holds significant weight, and this apparent lack thereof can be a deterrent for many traders.

Source Code of OptiTrade​


Unfortunately, we don't have access to the original source code for OptiTrade from MQL5. However, we can create a similar code based on its description on MQL5. Please note, this is just an example code from easytradingforum.com and not the original. If you have any questions about this code, feel free to ask.

Code:
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Download OptiTrade and Share Your Experience​


In conclusion, while OptiTrade makes a promising case, the lack of user reviews calls for caution. I urge you, dear traders, to share your experiences with OptiTrade on this forum. We, the EASY Trading Team, do not sell OptiTrade. We just created a code based on its description. As always, do your due diligence before trading with any robot.
Happy trading!