Introduction
Well, well, well, yet another trading robot has caught our attention. This one goes by the name Parrots Breaker. No reviews and zero rating, it's almost as if the trading community has decided to turn a complete blind eye to this one. But who are we to leave a potentially good (or bad) robot unturned? https://forexroboteasy.com/trading-robot/parrots-breaker/Description of Parrots Breaker Functions
According to the sparse details we have on this robot, Parrots Breaker appears to use a certain break-even strategy. That's lovely, or is it? The algorithm is supposed to automatically move your stop loss to the turn-on level when the price has passed it in favorable direction. But, as we all know, the devil is in the detail. How effectively it does this, is still in question.Analysis of Results
This is where things get particularly interesting, or more accurately, non-existent. There are no tangible results to analyze for this bot. The past year has been a blank slate as far as Parrots Breaker is concerned. Makes you wonder, doesn't it?Advantages and Disadvantages
Theoretically, the break-even strategy could help limit losses and potentially lock in some profits. However, with no evidence of its effectiveness, these claims fall flat. On the flip side, the lack of reviews and ratings suggests traders are perhaps not even willing to take a gamble on this seemingly untested robot.The Source Code of Parrots Breaker
Much like its results, the original source code of Parrots Breaker remains a mystery. But fear not, here at EASY Trading Team, we have built a code based on the description from the MQL5 website where this algorithm is sold. We don't sell the Parrots Breaker. We just provide a code example for you to mess around with.If you want to get your hands on this code, head to easytradingforum.com . And if you have questions related to this code, feel free to pester us with them.
Code:
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Want to take Parrots Breaker for a spin? Download Parrots Breaker trading robot from MQL5 and join the discussion on easytradingforum.com.Don't forget to share your experiences, because we're all dying to hear some stories about this elusive bot.
Remember, this is a code example from easytradingforum.com , based on the description of the robot sold on MQL5. The EASY Trading Team does not sell Parrots Breaker, we just give you a neat code to play with. Happy trading!