TopBottomEA

TopicStarter

Moderator
Apr 15, 2024
10,076
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Introduction​

As a professional trader and MQL5 programmer from the EASY Trading Team, it's hard to be impressed by yet another forex trading robot. TopBottomEA, designed by Lizhi Fu, has been making waves with its volatility adaptive mechanism and a solid rating of 4.78. But let's cut through the noise and see what this EA is really about.

Description of Features​

TopBottomEA operates on a single trade at a time, each with a stop-loss, and places an average of four orders per day. It supports currencies like GBPCAD, EURSGD, and GBPCHF, and runs on the M1 chart. The EA claims to adapt to market volatility, aiming for stable income with minimal risk. It has undergone extensive backtesting over more than ten years, showing resilience and reliability.

Performance Analysis​

User reviews are generally positive, with a few exceptions. Tsuyoshi Arikuma praises its adherence to FIFO rules and compatibility with US brokers. Mishifangling finds the strategy unique and suitable. However, Aceman123 points out bugs and an unfavorable risk-reward ratio, describing it as a regular Asian scalper. The EA's performance over the last year has been mixed, with some users reporting significant gains while others faced issues.

Pros and Cons​

  • Pros:
  • Volatility adaptive mechanism
  • Single trade with stop-loss
  • Extensive backtesting
  • Positive user reviews

  • Cons:
  • High cost
  • Reported bugs
  • Unfavorable risk-reward ratio
  • Complex setup for some users

Conclusion​

TopBottomEA offers a unique approach with its volatility adaptive mechanism and has garnered positive feedback. However, it's not without its flaws. The high cost and reported bugs are significant drawbacks. Traders should weigh these factors carefully before investing.

Source Code of TopBottomEA​

We don't have access to the original source code of TopBottomEA sold on MQL5, but we can create a code based on its description. If you have any questions about the code, feel free to ask. This example code is provided by easytradingforum.com, based on the description of the robot sold on MQL5. The EASY Trading Team does not sell TopBottomEA; we only created a trading robot code based on its description.

Code:
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Download TopBottomEA

For those interested in exploring TopBottomEA further, visit our website for more details and to download the robot. Share your experiences and results on our forum to help other traders make informed decisions.
 

Attachments

  • TopBottomEA.mq5
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