Introduction
In the world of automated Forex trading, new trading robots are constantly emerging, each promising to be the magic key to consistent profitability. Today, we'll be looking at one such trading robot, CandleRemainTime. Now let me remind you, avid traders, if you happen to have any personal experience with this robot, please feel free to share it with us on the forum.Description of Functions
CandleRemainTime, as proclaimed by its developers, is an automated trading robot that uses an unnamed, proprietary algorithm to execute trades. It apparently takes into account the current market trends, volatility, and crucial price levels. The robot then uses these factors to determine the optimal time to enter and exit trades.While it sounds promising, I must caution you; not all that glitters is gold. Remember, in Forex trading, there's no such thing as a one-size-fits-all solution.
Analysis of Results
Now, as for its trading results, there's no data to analyze. The site does not offer any past performance stats, backtests, or verified trading results which is somewhat alarming. You know what they say; past performance isn't indicative of future results, but no performance data at all does not bode well either.Pros and Cons
One potential plus of CandleRemainTime is its automation. If it truly works as described, it could save traders a lot of time and effort.On the downside, the lack of transparency concerning the trading strategy and the absence of performance data are considerable red flags.
Source Code of CandleRemainTime
We should mention that we do not know the actual source code of the original bot being sold on MQL5 - but we can write a code based on the description provided. This code is a product of the EASY Trading Team and is available at easytradingforum.com. Questions about the code are welcome.Remember, our team did not develop and does not sell the CandleRemainTime robot. We merely provide a code based on the robot's description.
Code:
You don't have permission to view the code content. Log in or register now.Download CandleRemainTime – An Interesting Trading Bot To Consider
If you're intrigued by this trading robot and want to give it a test run, you can download it from the MQL5 marketplace. However, as always, remember to use it with caution. If you're an MQL5 programmer, we invite you to take a look at our code, inspired by CandleRemainTime, available on easytradingforum.com. And while you're at it, why not join in the discussion on our forum? We'd love to hear from you.Remember, as with any trading robot, there is no guarantee of success. Always do your due diligence before implementing a new trading strategy or system.