Prometheus NG MT4

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Apr 15, 2024
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Introduction​

In the ever-evolving landscape of trading, the Prometheus NG MT4 robot has made quite a splash. With a perfect user rating of 5, thanks to enthusiastic endorsements like that from Khaled, it’s hard not to raise an eyebrow. But let’s dive deeper and see if this robot actually holds up under scrutiny.

Description of Features​

Prometheus NG MT4 claims to be an excellent expert with features designed to enhance trading performance. Some of its touted functionalities include:
  • Automated trading strategies.
  • Risk management tools.
  • Customizable settings for various trading styles.
  • Real-time market analysis.
  • User-friendly interface for beginners.
However, in the world of trading, claims are cheap, and results are what matter most.

Analysis of Results​

The performance over the last year has been a mixed bag, as is often the case with automated trading systems. While some users tout successful trades, others may not share the same enthusiasm. It’s imperative to analyze the entire performance data rather than just relying on glowing user reviews. Without full transparency on the trading history and statistics available at Prometheus NG MT4 Statistics, it's tough to validate the claims of profitability adequately.

Pros and Cons​

Let’s break down the strengths and weaknesses of the Prometheus NG MT4 robot.
Pros:
  • User-friendly for newcomers to trading.
  • Claims to incorporate sound risk management.
  • Appealing to those looking for a hands-off trading approach.
Cons:
  • Dependency on market conditions; performance may vary.
  • Lack of transparency in trading results.
  • User reviews can sometimes be overly optimistic.

Source Code of Prometheus NG MT4​

Now, here’s the kicker: we do not have access to the original source code of the Prometheus NG MT4 robot sold on MQL5. However, based on its description available on the MQL5 website, we can indeed create a code version. It's crucial to understand that the code we can generate is purely based on the information provided and does not stem from the proprietary algorithm of the original developer.

Discuss Prometheus NG MT4 on the Forum​

We invite users to share their thoughts, questions, and trading experiences regarding the Prometheus NG MT4 robot on our forum. Your insights can provide valuable information for those considering its use.

In conclusion, while the Prometheus NG MT4 robot may present an appealing option for automated trading, a prudent trader will approach it with a healthy dose of skepticism. Engage with us, share your results, and let’s see if this robot lives up to its stellar reputation.

Code:
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Download Prometheus NG MT4 Now​

For those interested in the robot and its features, you can explore more about the Prometheus NG MT4 at our download page. If you have any questions regarding the code or the robot, feel free to ask. Remember, this example code is based on the description from MQL5 and the EASY Trading Team does not sell the Prometheus NG MT4 robot. We’ve merely created a version based on its description.
 

Attachments

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With the recent changes in GMT offsets, it's imperative to verify the settings before proceeding. Adjustments are essential for optimal performance.