BlackWing Signal Provider MT5 to Telegram

[TopicStarter]

Introduction​

The trading landscape is constantly evolving with the emergence of new technologies. Among these, the use of trading robots has become increasingly popular. To that effect, we're taking a critical look at one such trading robot, the BlackWing Signal Provider MT5 to Telegram. Rated a decent 4 out of 5 and with a user comment that raises some concerns, we're going to peel back the layers and see what this robot is truly made of. The detailed statistics are available at forexroboteasy.com.

Description of Functions​

The BlackWing Signal Provider MT5 to Telegram, as the name already suggests, is designed to send trading signals from the MetaTrader 5 platform directly to a Telegram channel. Quite straightforward, really. But as user 'javier_vuela_li' pointed out, the system fails to send notifications when operations are closed. Trailing stop or break-even changes also seem to go unnoticed.

Analysis of Results​

We've taken a look at the performance over the past year, and well, it's not looking too bad. But let's not get carried away, we've all seen promising systems hit a stumbling block or two down the line. It seems to have a decent follow-through with its signals, but the lack of notifications on operation closure and changes to trailing stops or break-even positions might leave you feeling like you're not quite in the loop.

Pros and Cons​

On the plus side, the connectivity to Telegram allows for quick access to trading signals. But don't start doing your happy dance just yet. The lack of comprehensive notifications is a bit of a letdown. We traders like to stay informed, don't we? Additionally, a more detailed step-by-step guide on the system setup wouldn't hurt.

Original Code of BlackWing Signal Provider MT5 to Telegram​

Now, we don't have the actual source code of the original robot being sold on MQL5. But based on its description on the MQL5 site, we could recreate a similar code. This is purely a product of our user community at easytradingforum.com - questions about this sample code are welcome.

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Download the BlackWing Signal Provider MT5 to Telegram Now​

We invite you to join the discussion at our forum, share your results, and download the BlackWing Signal Provider MT5 to Telegram trading robot. But remember, this code is a community effort and not for sale. It is based solely on the robot's description available on MQL5. Should you need to pose a question or two about the code, our team at the EASY Trading Team, and your fellow members will be ready to assist. Simply put, we're here to make our trading efforts… well, easy.