Introduction
In the world of forex trading, automated trading robots often promise lucrative returns or exceptional performance. One such robot is the Candel Clock Spread MT5. With a rating of 3 and mixed user reviews, it's about time we dive deeper and see if this robot is worth your time and money.
Description of Functions
The main functions of the Candel Clock Spread MT5 robot are as follows:
- Monitoring and alerting on spreads
- Visualization of time remaining for the current candle
- Customization of colors and display distance
- Real-time data updates
Essentially, it's designed to keep traders informed about the spread dynamics, allowing them to make more informed decisions.
Analysis of Results
Based on the available data over the past year, Candel Clock Spread MT5 appears to have provided inconsistent results:
- Enhanced spread awareness for some traders
- Failed to display expected information for others
- Mixed user experiences as reflected in the ratings
User jeantrader seems quite satisfied with the functionality of the spread alerts, awarding it a rating of 4. However, apcruz01 and buzzastral2004 both rated it a mere 1, citing issues with functionality and display.
For a detailed look at its performance statistics, visit the official page here.
Pros and Cons
Every trading robot has its strengths and weaknesses. Let's break it down:
Pros:
- Real-time updates
- Customizable display settings
- Useful spread alerts (for those who got it to work)
Cons:
- Inconsistent performance
- Technical issues reported by multiple users
- Limited user satisfaction
Conclusion
The Candel Clock Spread MT5 appears to be a mixed bag. While it offers some useful features, its inconsistent performance and user dissatisfaction are cause for concern. It's always better to scrutinize such tools thoroughly before integrating them into your trading strategy.
Source Code Candel Clock Spread MT5
It's worth noting that the original source code of Candel Clock Spread MT5 is not publicly available. However, we can generate a similar code based on the description provided on MQL5. If you have any questions or need assistance with the code, feel free to ask on our forum.
The EASY Trading Team does not sell the Candel Clock Spread MT5 robot. Instead, we created a code based on the description available. You can discuss and download this code from our forum, contributing your experiences and results.
Code:
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For those interested in experimenting with a customized version of the Candel Clock Spread MT5, you can download it from our forum. Remember, this is an example code based on the original robot's description. Join the discussion and share your results!