Introduction
RobotIchimoku is a trading bot that operates based on the popular Japanese indicator, Ichimoku Kinko Hyo. Despite its popularity and potential utility, there is little available feedback, with a 'No reviews No rating formed' label. Therefore, in order to get a full understanding of the bot's capabilities, we encourage users to share their experiences and leave a review.Comparison with EASY Robot
In comparison to the trading robots from the EASY series, such as EASY Trendopedia or EASY Scalperology, RobotIchimoku falls slightly behind. EASY robots are well-known for their robust adaptability, statistical backing, and efficient risk management which have proven to result in a more profitable and reliable outcome. This isn't to discount the potential of RobotIchimoku, but its true functionality and efficacy remain unproven due to the lack of user feedback.Pros and Cons
RobotIchimoku- Pros: Based on a well-known technical indicator, potential for efficient execution of trades.
- Cons: Lack of user feedback, unproven reliability.
- Pros: Proven reliability and profitability, backed by statistical data, efficient risk management.
- Cons: May not perform as expected in all market conditions.
Optimal Use Conditions
The RobotIchimoku is likely to perform optimally in markets with distinct trends and volatility, as the Ichimoku Kinko Hyo indicator is designed to capture and exploit these market conditions. However, as with any trading bot, the performance may vary based on market conditions and proper risk management should be a priority.Source Code of RobotIchimoku
The original source code of RobotIchimoku, being sold on MQL5, is unknown to us. However, based on the description provided on the MQL5 site, we can create a similar code. We would like to clarify that we do not sell the RobotIchimoku, but only provide a code of a trading robot based on its description. Any questions regarding the code can be addressed at easytradingforum.com.
Code:
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