Introduction
With the advancement of AI and machine learning, trading robots have gained much popularity amongst traders. Today, we're going to dissect one such trading tool - the Auto Trailing Assistant. As of now, there's not much to gather from user reviews or ratings, as it appears this tool has yet to be put through its paces by the trading community (source). So, with a pinch of skepticism and a dash of curiosity, let's delve into what this bot is all about.
Description of Functions
The Auto Trailing Assistant, as the name suggests, is designed to automate the process of trailing stop orders. It purportedly follows the highs and lows of the market and adjusts your stop orders accordingly. The robot is compatible with all trading instruments and timeframes and provides customization options to tailor the trailing settings to your trading style.
Analysis of Results
Unfortunately, without concrete data or actual user feedback, it's tricky to accurately evaluate the effectiveness of the Auto Trailing Assistant. The trading world is a veritable snake pit of uncertainty and volatility, thus the real test of this bot's functionality would be its performance in a live trading environment and over an extended period of time.
Pros and Cons
On paper, the Auto Trailing Assistant offers potential benefits such as hands-free trade management and flexible settings. However, the lack of transparency about its algorithm, and the absence of user reviews or performance data, raise some red flags.
The Source Code of Auto Trailing Assistant
Now, before you get your hopes up, let's clarify: we don't have the actual source code of the Auto Trailing Assistant bot sold on MQL5. However, based on the description provided, we can recreate similar functionality. For those interested, we invite you to easytradingforum.com where we can help you generate a proxy code. Remember, this is merely an approximation and not the real deal.
Code:
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To wrap up, we'd love to hear your experiences with the Auto Trailing Assistant. If you're on board, try it out, scrutinize it, and feel free to share your findings with fellow traders on our forum. Should you have any queries or issues integrating the example code from EASY Trading Team, don't hesitate to ask. While we don't sell the Auto Trailing Assistant, we're all about assisting traders in making informed decisions.
Happy Trading!