Introduction
Ah, the Scalping Monster Ultra Shock. Doesn't the name itself sound terrifying? But should it be to us, tested traders and MQL5 programmers? Let's find out. Apparently, we have no user reviews available, nor a satisfactory rating to judge its performance. Therefore, the analysis will be based purely on my expertise and knowledge. So, without further ado, let's delve into this beast.Description of Functions
In essence, the Scalping Monster Ultra Shock, as the name suggests, is a scalping robot. It’s designed to place trades within a small price change to make a quick profit, which is a typical characteristic in the world of Forex trading. The robot claims to utilize a unique algorithm, though the specifics are as mysterious as the Bermuda Triangle. It supposedly uses trailing stops, automatic lot calculation, and swift operations, though the exact mechanisms of these features are uncertain.Analysis of the Results
With the absence of reviews or ratings, assessing the robot's results is akin to finding a needle in the haystack. However, based on the information provided on the website, the bot seemed to perform relatively well in the last year. But let's not hasten into the celebration just yet. Remember, the past performance of any system is not necessarily indicative of future results. I'd recommend taking the stated performance results with a pinch of salt.Pros and Cons
Pros:
Automatic lot calculation – A useful feature for those who struggle with determining the right amount to stake.
Trailing stops – This function can theoretically protect your profits and limit losses.
Lack of transparency – It's like trying to look into a foggy mirror. We don't know much about the robot's unique algorithm or how it operates.
Absence of user reviews – No reviews mean that we are flying blind here, with no real-life testimonies to back the robot's purported performance.
The Mystery of the Source Code of Scalping Monster Ultra Shock
I hate to be the bearer of bad news, but we don't have the original source code of this nefarious-sounding bot. However, as experienced MQL5 programmers, we can conjure a code based on the description provided on the MQL5 site. Please note that this is just a model code, a mere echo of the original that's put up for sale. Should you have any inquiries, feel free to post them. We would like to clarify that the EASY Trading Team does not sell the Scalping Monster Ultra Shock but merely provides a code based on its description.
Code:
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Your thoughts on this automated scalper are welcome. Please share your experiences with the bot on our forum. May the odds always be in your favor.Kindly remember that the code provided is from easytradingforum.com, based on the bot's description sold on MQL5. EASY Trading Team only created this code based on the description and does not sell the original bot. Happy trading!