Introduction
Ever heard of the Tick Volume Chart Trading Robot? It's yet another product in the seemingly endless list of trading aids available on the MQL5 platform. With an average user rating of 4.33, it seems to have its fair share of fans. But let's not get too excited just yet.
The trading robot, as it's claimed, is designed for precise entry and exit points, making it particularly appealing to scalpers. I've taken a look at user reviews, and it's clear the product has garnered a mixed reception. Some users praise its precision while others decry its complex learning curve and lack of instructional material.
At EASY Trading Team, we believe in robust and detailed examination of all trading tools. Let's see what the Tick Volume Chart has to offer.
Description of Features
The robot allegedly offers an array of features aimed at increasing precision and efficiency in trading. It uses tick charts for analyzing market dynamics and planning trades. A tick represents a transaction between a buyer and a seller at a given price. Thus, a tick chart disregards time and focuses solely on transactions.
Analysis of Results
Based on the user reviews and the available information on the product, it seems the Tick Volume Chart does what it's supposed to do. However, it's important to note that just because a robot works as intended does not necessarily mean it will provide a profitable trading strategy.
Some users have reported difficulties in learning how to use the Tick Chart effectively. Others have voiced frustrations about its lack of a minimization function and inadequate instructional material. Nonetheless, the overall user rating and feedback suggest that the robot has potential.
Strengths and Weaknesses
Strengths:
- Precise entry and exit points
- Good for scalping strategy
- Rent option available
Weaknesses:
- Steep learning curve
- Lack of instructional material
- No minimization function
Source Code of Tick Volume Chart
The original source code of the Tick Volume Chart robot is not publicly available, as it's a proprietary product sold on the MQL5 platform. However, a version of the code can be generated based on the product's description and functionality.
If you have questions about the code, feel free to ask in the EASY Trading Forum. Remember though, the code provided in the forum is simply a rendition by our programming team, based on the product's description. We do not sell the original robot.
Code:
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Tick Volume Chart has sparked some debate among traders. Are you using it? What results are you seeing? Join the discussion on our forum and share your experiences. Detailed statistics and additional information are available on the Forex Robot Easy site.
Remember, at EASY Trading Team, we don't sell robots. We create them, test them, and then share our insights with you. So get your free download of the Tick Volume Chart, give it a whirl, and let's discuss the product's strengths and weaknesses together.