Introduction
Let’s cut to the chase. You’re looking for a concise and brutally honest opinion on the Average Price Plus trading robot. This isn’t about flowery language or unnecessary praise. Just the facts, the pros, the cons, and a healthy dose of skepticism. So, let’s dive into it.
Features of Average Price Plus
Average Price Plus, as the name subtly hints, is all about managing multiple trade entries and calculating average prices. Here are its main features:
- Multiple Trade Entries: Designed to plan and manage multiple entry points in a single strategy.
- Position Sizing: Helps in managing the size of each position based on average price.
- Free Period: A generous offer of a free download period (don’t get too excited, it ends).
- Customization Options: Allows users to tweak certain parameters to fit various trading styles.
Performance Analysis of the Last Year
So, how did this robot fare over the past year? Well, according to the available data on Average Price Plus's statistics page, here’s the breakdown:
- Overall Return: The robot posted a decent return, but nothing earth-shattering.
- Drawdowns: Moderate drawdowns, which is typical for robots focusing on averaging prices.
- Win Rate: A respectable win rate, though it varies depending on the market conditions.
- Consistency: Pretty stable, which is a plus in the unpredictable world of trading robots.
Pros and Cons of Average Price Plus
Because no trading robot is a holy grail, here are the pros and cons:
Pros:
- User-friendly, especially for those familiar with multiple trade entries.
- Customization options for tweaking to individual strategy preferences.
- Free download period – always a nice touch.
- Positive user feedback – albeit with a pinch of salt.
Cons:
- Moderate returns – don’t expect to become a millionaire overnight.
- Drawdowns – manageable but present.
- Dependence on market conditions – might not perform well in all scenarios.
User Comments
Interestingly, the users seem quite happy. Take it from Enrique Enguix, who praises it as “a very interesting and extremely useful product.” Julian Greaves calls it exactly what I was looking for to plan my multiple trade entries. Even the minimalistic Thanks from W0i7l0l7y12 speaks volumes. High ratings, but remember: take user reviews with a grain of salt.
Source Code of Average Price Plus
Here’s the kicker. We don’t know the actual source code of the Average Price Plus robot sold on MQL5. However, we’ve managed to create a version based on the robot's description from MQL5. If you’re curious about the nitty-gritty details of our version, feel free to dive into the code discussions on our forum.
Code:
You don't have permission to view the code content. Log in or register now.Download Average Price Plus Trading Robot
For those of you itching to give this robot a whirl, head over to Average Price Plus Trading Robot download page for more details. And if you’ve got questions about the code, don’t hesitate to ask. Remember, the EASY Trading Team doesn’t sell the original Average Price Plus. We just crafted a robot based on its description. Join the discussion on easytradingforum.com and share your experiences.
So, there you have it. No frills, no sugar-coating. Just a straightforward look at Average Price Plus. Happy trading, if that’s your thing.