Cycle Extraction

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Apr 15, 2024
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Introduction​

Today, we find ourselves evaluating the trading robot named Cycle Extraction. Despite the enthusiastic rating of 5 and the suspiciously brief compliment from minnox, we will remain our usual skeptical selves.

Cycle Extraction's Functions​

The Cycle Extraction robot is designed to trade with precision, using a series of proprietary algorithms. It supposedly relies on market cycles, attempting to predict when the market will peak or trough and executing trades accordingly.

However, without a more thorough description or a peek at the actual code, its real functionality remains shrouded in mystery, akin to a magician refusing to reveal their tricks.

Analysis of Results​

As per the available statistics on ForexEasy, Cycle Extraction seems to have demonstrated decent performance over the past year. But remember, my dear traders, past performance is not indicative of future results.

Pros and Cons​

Pros:
    • Potentially decent returns, if historical performance holds up.
      • Some claimed sophistication in its proprietary market cycle algorithms.

      Cons:
        • The real functionality and algorithmic complexity of the robot are undisclosed.
          • The lack of transparency and comprehensive user reviews bring its true effectiveness into question.

          Source Code of Cycle Extraction​

          We don't have access to the original source code of Cycle Extraction sold on MQL5. However, an illustrative code based on the description of the algorithm on MQL5 can be engineered by our team. Before getting your hopes high, this is just an example from easytradingforum.com, not the real deal.

          Code:
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          Download Cycle Extraction - A Professional Review​

          So, should you give Cycle Extraction a shot? That's entirely your call. But if you do, we'd be thrilled to hear about your experiences on our forum.

          For those of you who have questions about the example code, our forum is the place to ask. Please remember, the team at EASY Trading does not sell this robot, but we are more than happy to create a hypothetical code based on its description.

          As always, trade safe, ask questions, and remember, there are no guarantees in the world of forex trading.