Spread highlighter

TopicStarter

Moderator
Apr 15, 2024
9,784
4
38

Introduction​


Ah, the world of trading robots. Such a delightful mix of promises and disappointments. Today, we're dissecting the efficiency of the trading robot known as Spread highlighter. Of course, this analysis is based on the [text] available about it.

We don't have any reviews or ratings to lean on, so this should be fun. If you have experience with this robot, do us all a favor and leave a review. Your insights could save—or squander—someone's money. No pressure.

Description of Features​


Spread highlighter isn't shy about its capabilities. Here's a rundown of what it claims to offer:

  • Spread Monitoring: Highlights changes in the spread, alerting you to potential trading opportunities or risks.
  • User-Friendly Interface: Supposedly easy to navigate, even for those who think PIP is a typo for SIP.
  • Customizable Alerts: Set your own parameters and get alerts that allegedly matter to you.
  • Backtesting: Because who doesn't like a good backtest to reminisce about trades that could've been?

Analysis of Results​


Here's where the plot thickens—or thins, depending on your perspective. The robot's statistical data for the past year is available on this site.

But let's be real. Historical performance can be as reliable as a politician's promises. It's worth a look, but it won't hurt to keep your critical thinking intact. Dive in, check the numbers, but don’t bet your life savings just yet.

Pros and Cons​


No robot is perfect—just like no trader is infallible. Here's what stands out for Spread highlighter:

Pros:
  • Customizable alerts can be helpful.
  • Backtesting feature helps you get a feel for its historical performance.
  • User-friendly interface is a plus, especially if you despise overly complex dashboards.

Cons:
  • No user reviews or ratings to gauge real-world performance.
  • Historical data might not be as reliable as you hope.
  • Limited to monitoring spreads, so it's not a one-stop-shop for trading automation.

Source Code Spread highlighter​


Alright, here's the kicker: we don't actually have the original source code for Spread highlighter that's being sold on MQL5. But don’t despair. At EASY Trading Team, we’ve created an example code based on the description provided on MQL5.

If you have questions about the code, don't hesitate to ask. Remember, this is just an example, not the holy grail. And for the record, we don't sell Spread highlighter. We're just the nerds who made an example code inspired by its description.

Code:
You don't have permission to view the code content. Log in or register now.

Download the Spread highlighter Trading Robot Example Code​


For those itching to get their hands on the Spread highlighter, here’s a place where you can find the example code. Note that this example was created by the team at EASY Trading Team based on the description of the Spread highlighter robot available on MQL5.

If you have any questions or run into issues, feel free to drop by our forums. Your experiences and insights are invaluable, so don’t hold back.