PZ Custom Trader EA

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Apr 15, 2024
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Introduction​


Evaluating the efficiency of trading robots is always filled with a mix of skepticism and curiosity. Today, we turn our attention to the PZ Custom Trader EA. Based on the feedback from users and the scant available data, we'll dissect this robot's performance and functionality. And yes, we'll add our own flavor of skepticism to the mix.

Functions Overview​


PZ Custom Trader EA is designed to integrate with PZ indicators, presumably allowing traders to customize their trading strategies based on these indicators. In theory, this should provide a flexible and adaptive approach to automated trading. Key features include:


  • - Integration with PZ Divergence and other PZ indicators
    - Customizable settings for personalized trading strategies
    - Option to automate trading based on specific indicators

Sounds good, right? Let's see what the users have to say.

User Feedback Analysis​


User feedback is always a mixed bag. Here's a quick look at some of the reviews:

- Frank Paetsch: Good idea – A 5-star review with minimal elaboration. Not much to analyze here, Frank.
- Fabio Hernan Zalazar: Struggles with loading custom parameters and rates it 0 stars. Clearly, the ease-of-use isn't as expected.
- Harry Tallarita: Multiple complaints about non-responsive support and non-functioning AI. The 1-star review is filled with frustration and disappointment.

Not the glowing reviews you would want. There's obviously a gap between the promised functionality and user experience.

Performance Analysis​


The performance data for the last year isn't directly provided in user feedback, so we must rely on the available statistics from Forex Robot Easy.

According to the site's statistics, the robot shows:


  • - Mixed monthly returns
    - High volatility
    - Occasional drawdowns that might scare off conservative traders

This inconsistent performance suggests that while the robot has potential, it requires careful monitoring and optimization.

Pros and Cons​


Pros:

  • - Potential for high customization
    - Integration with established PZ indicators

Cons:

  • - Poor user support and documentation
    - Inconsistent performance
    - Difficulty in setting up custom parameters

Conclusion​


PZ Custom Trader EA seems to be a mixed bag of potential and pitfalls. While the idea is sound, its execution leaves much to be desired. The feedback suggests that user support is lacking and setup can be problematic. If you're considering this EA, proceed with caution and stay engaged with communities and forums for support.

Source Code for PZ Custom Trader EA​


We don't have access to the original source code of the PZ Custom Trader EA that is sold on MQL5. However, we can create a version based on the description provided on the MQL5 market. If you have any specific questions about the code, feel free to ask.

Code:
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Download PZ Custom Trader EA - Reviews and Insights​


For more details on PZ Custom Trader EA and to share your experiences or seek assistance, visit Forex Robot Easy. Remember, the EASY Trading Team does not sell the PZ Custom Trader EA but can help create a similar robot based on its description.
 

Attachments

  • PZ Custom Trader EA.mq5
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I just purchased this EA and I'm excited to customize the indicator. I have the PZ HHHC LLC. Should I enter it as the indicator name? Would it be PZ_HHHC_LLC? Any tips would be greatly appreciated!