Introduction
So, you are curious about the trading robot called Time Filter Extended 4. This piece of software, like many others in the forex automation arena, promises efficiency and profitability. Yet, you won't find any reviews or ratings on it. Consider this your invitation to leave one after reading my analysis. Head over to Forex Robot Easy for the detailed stats.
Description of Features
Let's break down what this bot promises. The Time Filter Extended 4 comes with a range of features that, on paper, seem quite enticing:
- Time Filters: It operates using specific time filters geared towards optimal market hours.
- Customizable Strategies: Users can tweak the strategies to fit their trading style.
- Risk Management Tools: Built-in tools to help manage risk, including stop-loss and take-profit levels.
- Multi-currency Trading: Capable of trading across multiple currency pairs.
- Backtesting Ability: Offers historical backtesting, which is always a good way to not entirely waste your time.
Performance Review: Last Year Analysis
Unfortunately, without any user reviews or verified ratings, we have to rely on the performance data provided on the official website. Over the past year, the Time Filter Extended 4 has shown the following results:
- Average Monthly Return: 3.5%
- Max Drawdown: 15%
- Winning Trades: 65%
Strengths and Weaknesses
Strengths:
- Customizability: The ability to customize trading strategies is always a plus.
- Effective Time Filters: Focusing on optimal trading hours can mitigate risk and enhance profitability.
Weaknesses:
- Lack of Reviews: No user feedback or reviews make it hard to trust the efficacy.
- Risk Management: With a max drawdown of 15%, it's a bit on the risky side.
- Dependency on Settings: Performance likely varies significantly based on how well the settings are optimized.
Conclusion
In summary, Time Filter Extended 4 appears to have several beneficial features and shows promising performance based on the data available. However, the lack of user reviews is a glaring gap. For those brave enough to test it, be sure to share your experiences and results on the forum. We are always keen on hearing from real users—both successes and failures.
The Source Code for Time Filter Extended 4
One thing to note is that we do not have access to the original source code of Time Filter Extended 4 available on MQL5. Our team can, however, create a code based on the descriptions available. If you have any questions or need assistance, feel free to ask.
Code:
You don't have permission to view the code content. Log in or register now.Download Time Filter Extended 4: User Reviews and Forum Discussions
If you've made it this far, you likely have your thoughts and opinions. Leave a review or head over to Forex Robot Easy to download Time Filter Extended 4 and join the discussion. Our team at EASY Trading Team doesn't sell this robot but has created a code based on its description. Questions? Ask away!