PartialClose and VirtualTrailing

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Apr 15, 2024
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Introduction​

Ah, the endless quest for the perfect trading robot. Today, we're dissecting the PartialClose and VirtualTrailing robot. Yet another trading tool promising to make your life easier and your pockets fuller. But let's be honest, we're skeptics. We'll be digging into its features, results, pros, cons, and even touch on the code. If you own it or plan to, stick around and maybe, just maybe, you'll want to leave a review afterward.

Description of Functions​

The PartialClose and VirtualTrailing robot is designed to manage trades by partially closing positions and employing a virtual trailing stop. Here’s what it offers:
  • Partial Close: Automatically closes a part of your open position at predefined levels, reducing risk and securing profits.
  • Virtual Trailing Stop: Operates a trailing stop order without exposing it to the broker, minimizing the chance of “stop-hunting.”
  • User-Friendly Interface: Configurable parameters for easy customization.
  • Multi-Currency Support: Works on multiple currency pairs simultaneously.
  • Compatibility: It’s designed for the MetaTrader 5 platform.
Sounds neat, right? But neat doesn't always cut it in the real world of trading.

Analysis of Results​

With no user reviews or ratings to go by, we are left to analyze the results provided on the official site: PartialClose and VirtualTrailing Statistics.

Drum roll, please...
According to the site, the robot has shown decent performance over the past year. It claims a steady profit curve with low drawdowns and consistent gains. But, here's the kicker: all this data is provided by the creators themselves. So, take it with a grain of salt.

Pros and Cons​

Every product has its upsides and downsides. This one is no exception.

Pros:
  • Reduces risk through partial closures
  • Enhances trade management with virtual trailing stops
  • Works on multiple pairs
  • User-friendly and configurable

Cons:
  • No third-party reviews or ratings
  • Performance data might be biased
  • Limited to MetaTrader 5 platform
  • Somewhat complex to set up for beginners

Conclusion​

So, is the PartialClose and VirtualTrailing robot worth your time and money? Maybe. It has some attractive features but lacks third-party verification and user feedback. Proceed with caution and test it thoroughly before deploying it on a live account.

Source Code for PartialClose and VirtualTrailing​

Unfortunately, the actual source code of the PartialClose and VirtualTrailing robot sold on MQL5 is not available to the public. However, we at EASY Trading Team have crafted a code based on its description. If anyone is interested in discussing or reviewing this code, feel free to join the conversation at easytradingforum.com. Just remember, we don't sell this particular robot; we only offer a code inspired by its description.

Code:
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Download PartialClose and VirtualTrailing Robot: Your Ultimate Guide​

If you have questions about the code or want to share your experiences with the PartialClose and VirtualTrailing robot, visit our forum at easytradingforum.com. This is a template based on the robot described on MQL5, crafted by the EASY Trading Team. We’re not selling the original bot; we’re just here to offer a code inspired by its concept.

Time to question, challenge, and hopefully, learn.