Introduction
Let's dive into the Quasimodo Pattern QM MT4, a trading robot that promises to detect reversal patterns with high accuracy. Developed by Mihails Babuskins, this robot has garnered a rating of 4.35, which is quite impressive. But let's not get carried away by numbers. We'll dissect its features, analyze its performance, and see if it lives up to the hype.Description of Features
The Quasimodo Pattern QM MT4 is designed to identify reversal patterns characterized by three peaks and two valleys. The middle peak is the highest, while the outer two peaks are of the same height. It sends notifications when a pattern is detected, allowing traders to act swiftly. The robot also offers customization options for sensitivity and appearance, making it versatile for different trading styles.Performance Analysis
Over the past year, the Quasimodo Pattern QM MT4 has shown mixed results. While some users, like tunck and abdurais8891, have praised its speed and utility, others have raised concerns about its transparency and operational issues. The robot's ability to send notifications is a double-edged sword; it can be both a lifesaver and a source of frustration. Overall, its performance is decent but not groundbreaking.Pros and Cons
- Pros:
- High customization options
- Effective in detecting reversal patterns
- User-friendly interface
- Notifications for quick action
- Cons:
- Requires a VPS for optimal performance
- Can slow down the trading terminal
- Mixed user reviews on transparency
Conclusion
The Quasimodo Pattern QM MT4 is a competent trading robot, but it's not without its flaws. While it offers several useful features and customization options, it also has its share of drawbacks. Traders should approach it with cautious optimism and integrate it with other reliable tools to mitigate risks. For detailed statistics, visit forexroboteasy.com.Source Code of Quasimodo Pattern QM MT4
We don't have access to the original source code of the Quasimodo Pattern QM MT4 sold on MQL5. However, we can create a similar code based on its description. If you have any questions about the code, feel free to ask. This example code is provided by easytradingforum.com, based on the description of the robot sold on MQL5. Note that the EASY Trading Team does not sell the Quasimodo Pattern QM MT4; we only created a robot based on its description.
Code:
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