Introduction
Adjustable Fractal MT4 has caught some attention lately, but does it live up to the hype? As a pro trader and MQL5 programmer from EASY Trading Team, I’m here to dissect this robot without the fluff. No system is flawless, and this one is no exception. Let’s dive into the nitty-gritty.Description of Functions
The Adjustable Fractal MT4 robot is designed to identify and trade based on fractal patterns within the Forex market. It boasts several configurable parameters, allowing traders to adjust the sensitivity of fractal detection per their strategy. Key features include:- Customizable fractal settings
- Automatic fractal detection
- Alerts on fractal breakouts
- Real-time trading signals
According to user reviews, like those from cvdestyfx and dante1357, the indicator is praised for its utility and requests have been made to enhance its functionality with alert features.
Performance Analysis
Examining the results over the past year, the performance appears to be a mixed bag. The website Forex Robot Easy provides detailed statistics, and a rating of 4.63 suggests user satisfaction. However, the absence of raw performance data such as profit percentage, drawdown, and winning trades leaves room for skepticism.Without concrete performance metrics, it's hard to fully endorse the robot. User reviews are favorable, but they lack depth and trading context, making them less reliable.
Pros and Cons
Pros:
- Highly customizable
- User-friendly
- Positive user feedback
Cons:
- Lack of detailed performance data
- Dependent on market conditions
- Limited transparency in code and operation
Source Code for Adjustable Fractal MT4
We don't have access to the actual source code of the original Adjustable Fractal MT4 robot sold on MQL5, but we can reconstruct it based on the available description. You can find this description on the MQL5 market.If you have specific coding questions, feel free to ask. Remember, the code we provide at easytradingforum.com is not the original Adjustable Fractal MT4 but a version based on its description.
Code:
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Interested in trying Adjustable Fractal MT4? Download it from the official site. If you have any questions or comments, feel free to discuss them on the forum. The EASY Trading Team does not sell the Adjustable Fractal MT4 but has created a robot based on its description.In conclusion, the Adjustable Fractal MT4 is a promising tool with room for improvement. Discuss it on forums, share your results, and let’s see how this robot fares in the real world.