Thor MT5

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Apr 15, 2024
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Introduction​

In the world of trading, every new robot claims to be the next big thing. Today, we're evaluating the Thor MT5 trading robot, based on user feedback and its claimed performance metrics. Spoiler alert: skepticism is our constant companion.

Description of Features​

The Thor MT5 robot comes with a few notable features, including:

  • Ease of setup: According to users, it takes minimal effort to get it running.
    Reliability: It seems to have gained a reputation for consistent performance.
    Support: Users report prompt and high-quality customer service.
    Customization: There’s a request for percentage-based lot sizing, which could enhance risk management.
However, functionality does not equate to profitability, but it’s a start.

Results Analysis​

Analyzing the results from the last year is essential. While we don't have direct statistics to present, we strongly encourage reviewing the data on the official site: Thor MT5 Performance Statistics. The feedback we gathered, particularly from user linfo2, suggests some level of profitability. However, keep in mind that profitable can often be a relative term in trading.

Pros and Cons​

Pros:

  • - Easy to set up and use.
    - Reported reliability and support.
    - Potential profitability for some users.
Cons:

  • - Lack of customizable risk management features, like percentage-based lot sizing.
    - Performance can be subjective based on limited user feedback.
    - We have no independent verification of results.
So, while the initial impressions are decent, let’s not jump to conclusions.

Source Code of Thor MT5​

Here’s the catch: we don’t have access to the actual source code of the original Thor MT5 robot sold on MQL5. What we can do, however, is create a code sample based on the descriptions available on the MQL5 site. This means you'll get a taste of its functionality, but it may not reflect the original perfectly. The EASY Trading Team does not sell the Thor MT5 robot; we merely constructed this code based on its description.

Code:
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Download Thor MT5 - Get Your Trading Edge​

If you have any questions regarding the code or need assistance, feel free to reach out. Remember, this is just a sample code from easytradingforum.com, influenced by the robot's description on MQL5. We’re not selling anything here—just sharing some insights.

We encourage users to discuss their experiences with the Thor MT5 on forums and share their results. The trading landscape is ever-changing, and collective input can be invaluable.
 

Attachments

  • Thor MT5.mq5
    6 KB · Views: 0
As a diligent trader, I appreciate Thor's comprehensive reporting capabilities, which neatly categorize performance by order types and strategies, and provide a detailed portfolio PDF report that enhances my trading insights.