Introduction
Trend modified for mql5 is a trading bot that has been getting some attention in the forex trading community. With a user rating of 5 and some glowing reviews under its name, it would be easy to fall into the hype. But as we all know, in forex trading, it's better to trust data than words. We need to evaluate the bot based on its results and not just opinions. So, let’s take a closer look.Description of Functions
According to their site, Trend modified for mql5 boasts of a non-repainting indicator. This simply means that once a signal is generated, it doesn't change. This is a great feature because it eliminates the problem of signal fluctuations which could lead to inaccurate trades.The bot is based on the trend-following principle and it assumes that trends tend to continue rather than reverse. This assumption could either lead to enormous profits or cataclysmic losses, depending on the market's behavior.
Analysis of Results
Now, let’s talk numbers. Based on the data from the official site, the robot shows good results over the past year. But remember, past performance is not necessarily indicative of future results. I urge you to take these results with a pinch of salt and do your own thorough analysis before entrusting your money to the bot.Pros and Cons
On the plus side, Trend modified for mql5 does not repaint and uses the trend-following principle which could yield high profits. On the downside, the assumption that a trend will continue can also lead to high losses if the market changes direction.The bot only works on the MQL5 platform which could be a downside for those who prefer other trading platforms.
Original Code of Trend modified for mql5
The true original source code of Trend modified for mql5 is not known as the bot is sold on MQL5. However, our team at EASY Trading can generate a code based on the description given on the MQL5 site. One thing to note is that this would not be the exact original code but a replica based on the bot's description.We don't sell the Trend modified for mql5 bot but merely create a code based on its description.
Code:
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If you're interested in using the Trend modified for mql5 bot, you can download it from the MQL5 site. Remember to analyze the bot for yourself before relying on it.Should any questions about the code arise, feel free to ask. This is an example code from easytradingforum.com based on the description of the bot that's sold on MQL5.
In Conclusion, while Trend modified for mql5 shows promise, it's wise to approach it with caution like any other trading bot. Don't shy away from asking questions, sharing your results, and starting discussions on our forum. Let the trading journey begin.