Introduction
Well, here we are, discussing another trading bot - White Marubozu GA. From the name, one might guess it's based on the White Marubozu candlestick pattern, a bullish signal in technical analysis. But with no reviews or rating, one can only speculate. The creators must be so confident in their product that they didn't bother to organize any sort of user feedback. But let's not jump to conclusions, shall we? Let's dive into what this bot has to offer, or at least what it claims to.Description of Functions
According to the limited details available on the product's page, White Marubozu GA is optimized for the EURUSD pair, and is equipped with a Genetic Algorithm. Now, that's a refreshing twist. I do hope the algorithm is up to the task, considering the ever-changing market conditions.White Marubozu GA is also said to use a trailing stop function to maximize its profit potential while minimizing the risk. Sounds good on paper. But again, without any credible user reviews or ratings, these all remain claims waiting to be verified.
Analysis of Results
Regrettably, even the bot's performance stats aren't that convincing. After a full year of trading, the bot shows a meager growth of 12%. Considering the inherent risks involved in trading, especially with automated systems, this return hardly justifies the effort. But hey, who am I to judge?Pros and Cons
The one commendable aspect of White Marubozu GA is its implementation of the Genetic Algorithm - if it actually works as promised. Trailing stop function can also be a good feature, providing it doesn’t just rack up losses.However, the bot's lackluster performance, and the absence of a clear trading strategy are worrying signs. The creators' reluctance to seek user feedback also raises some red flags. It makes me wonder, why so secretive?
Original Code of White Marubozu GA
Now, we don’t have the original source code of the bot. But if you are interested, our team at easytradingforum.com can generate a new code, based on the available description at MQL5.Remember, this code would be a rough imitation of the original product and might not present the same performance stats. For any queries regarding the code, do feel free to ask. Keep in mind, though, EASY Trading Team is not selling White Marubozu GA. We are just creating a trading bot code based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Download the White Marubozu GA Clone Code Today!
For those who are daring enough to test this bot, you can download the White Marubozu GA clone code here. And if you do give it a spin, don’t be shy, share your experience with us at easytradingforum.com. After all, clear and truthful feedback is a rarity these days, isn't it?And remember, skepticism in trading is not a bad trait, particularly when letting a bot handle your hard-earned money. Trade safe, folks!