Introduction
So, another revolutionary trading robot on the market, eh? This time it's Trailing Stop Utility MT4. Before we dive in, let's just point out that no one has bothered to review this product yet. Hmm... that's interesting. Anyway, let's dissect it and see if it's worth your time.Description of Features
The Trailing Stop Utility MT4 robot boasts a few core functions, including:- Dynamic Trailing Stop: Adjustable trailing stops based on market conditions.
- Fixed Trailing Stop: Standard trailing stop levels set by the user.
- Break-even Function: Automatically sets your stop-loss to break even after a certain profit level.
- Multi-Trade Management: Handles multiple trades simultaneously.
Analysis of Results
Given that there are no reviews and no ratings, this is already a red flag. But curiosity drives us forward. According to the statistics available on their website, it seems the bot has had a mix of wins and losses over the last year, with detailed results here. No clear winning streaks, but no catastrophic losses either. Essentially, it's treading water.Pros and Cons
Pros:- Versatile trailing stop options.
- Multi-trade management capability.
- Customizable features.
Cons:
- No user reviews or ratings.
- Mixed performance results.
- Unclear long-term effectiveness.
Source Code of Trailing Stop Utility MT4
Here’s the kicker: we don’t have the source code for the original Trailing Stop Utility MT4 sold on MQL5. But, based on its description on MQL5, we could whip up something similar. Ah, the joys of reverse engineering. If you’re curious or have questions about our version, don’t hesitate to ask.
Code:
You don't have permission to view the code content. Log in or register now.Download Trailing Stop Utility MT4: A Professional Review
Looking to try out this trailing stop wizardry? Fair enough. If you have any questions about the code or your experience using it, feel free to reach out. Remember, this code is an example from easytradingforum.com, based on the description of the robot on MQL5. We don’t sell the Trailing Stop Utility MT4; we just crafted a version from its description.So, go ahead and test it out, then share your findings on the forum. Let's get some real reviews out there, shall we?