Introduction
In the realm of Forex trading, robots like Set point have come to the fore promising to automate functions and give you significant returns with minimum fuss. However, at EASY Trading Team, we believe in the old adage: If it sounds too good to be true, it probably is. Armed with a healthy dose of skepticism and a keen analytical eye, let's dive into the inner workings of the Set point trading robot.Description of Functions
The Set point bot, according to the information from the provided link https://forexroboteasy.com/trading-robot/set-point/, is an automated trading system designed to buy and sell currency pairs based on pre-set parameters. I must remind you right off the bat, that the performance of any such bot is heavily dependent on these parameters, and thus, it is critical to have a deep understanding of them.Analysis of Results
Our analysis is slightly hampered, gentlemen, by the complete absence of user reviews and ratings for the product. Which in itself, rings a bell. A year in Forex trading is a long enough period for some reviews to have popped up. So, the silence is a bit...deafening, don't you think? I would strongly encourage users to discuss their experiences with this bot on online forums.Pros and Cons
In theory, the Set point bot, like any automated trading system, should take the emotion out of trading decisions, making it a potentially useful tool for those who are easily swayed by the market's whims. However, without concrete results indicating consistent profitability, it is hard to sing too many praises. As it stands, the lack of user feedback and ratings is a con that can't be ignored.Source Code of Set Point
Now, it's important to note that the original source code of the Set point bot sold on MQL5 is not known to us. What we provide on easytradingforum.com is a code based on the description of the bot provided by MQL5. Remember, we're merely recreating the wheel here; not selling you the original. For any questions or issues associated with the code, I'd encourage you to bring it up on our forum.
Code:
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In conclusion, while Set point offers the convenience of automating your trading functions, its effectiveness remains clouded in mystery, given the lack of reviews and user feedback. As a potential user, it would be more prudent to wait until more information becomes available, or at least, consider other options with a proven track record. To try out our version of the code, you can download Set point from https://easytradingforum.com/ and take your own call.Always remember, in trading, just like in everything else, there's no such thing as a free lunch. Happy trading, and may the odds be always in your favor.