Introduction
Ah, another trading robot. This time it's the Dashboard RSI Multicurrency. This robot has been making some noise in the trading community, so let's put its claims to the test. We'll walk through its features, examine its performance over the last year, and scrutinize both its strengths and weaknesses.Function Description
The Dashboard RSI Multicurrency robot aims to provide an all-in-one solution for RSI-based trading across multiple currency pairs. Here are some of the highlighted features:- Multiple currency pair scanning
- Customizable RSI settings
- User-friendly dashboard interface
- Real-time alerts
- Compatible with stocks and Forex
The robot also promises frequent updates and responsive customer support, as highlighted by overly enthusiastic user reviews.
Performance Analysis
Now, onto the meat of the matter. According to the latest data on forexroboteasy.com, the robot has had a fairly decent run over the past year. Here are some of the key metrics:- Average monthly return: 5.2%
- Maximum drawdown: 8.7%
- Winning trades: 63%
- Losing trades: 37%
While the numbers seem promising, remember that past performance is not indicative of future results.
Advantages and Disadvantages
Let's break down the pros and cons of the Dashboard RSI Multicurrency robot.Pros:
- User-friendly interface
- Robust alert system
- Frequent updates and active support from the author
- Versatility across different markets
Cons:
- Dependent on market conditions
- Complexity can be overwhelming for beginners
- Limited transparency on the algorithm itself
Source Code of Dashboard RSI Multicurrency
Here's the fun part — the source code. Or rather, the lack of it. The original source code of Dashboard RSI Multicurrency isn't available to the public. However, you can create a custom version based on the description provided on MQL5. If you're a seasoned MQL5 coder, it shouldn't be too challenging to replicate the basic functionality.
Code:
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Interested in giving it a shot? Head over to forexroboteasy.com to download Dashboard RSI Multicurrency. If you have any questions or need assistance with the code, feel free to ask. Remember, this is just an example code from easytradingforum.com based on the description. The EASY Trading Team does not sell the Dashboard RSI Multicurrency; we only created a sample robot based on its description.Got something to share? Join the discussion about this robot on our forum and contribute your results and insights!