Detroit Smash FX

TopicStarter

Moderator
Apr 15, 2024
10,076
4
38

Introduction​

The Detroit Smash FX trading robot has recently garnered attention with its claims of effective trading performance. With a five-star rating from users like Nicolas Gilles Capot Klein, it's time to peel back the layers and take a closer look at what this robot can really do. Spoiler alert: the results might not be as dazzling as some would hope.

Description of Functions​

Detroit Smash FX is marketed as an automated trading solution designed to navigate the Forex market efficiently. Key functions include:
  • Automated trading with customizable settings.
  • Risk management tools to mitigate potential losses.
  • Multiple trading strategies integrated into one interface.
  • Real-time market analysis to inform trading decisions.
While these functions sound promising, the real question is whether they translate into consistent profits or just a fancy marketing pitch.

Result Analysis​

The backtesting data looks good, or at least that's what we're told. Nicolas mentions that initial demo account performance has been favorable over the first two weeks. However, a year’s worth of results is the true litmus test. Unfortunately, without access to verified trading history and a more extensive sample size, it's tricky to assess long-term viability. The transient successes during the demo phase often mean little when faced with the unpredictable nature of live markets.

Pros and Cons​

Let’s take a moment to dissect the strengths and weaknesses of the Detroit Smash FX robot:
Pros:
  • User-friendly interface for traders of all levels.
  • Promising backtest results.
  • Active and professional seller support.
Cons:
  • Limited transparency regarding long-term performance.
  • Potential over-reliance on backtesting data which may not reflect live conditions.
  • The typical results may vary disclaimer that even the best marketers can’t escape.

Detroit Smash FX Source Code​

Here lies an interesting conundrum: we don't have access to the original source code of the Detroit Smash FX being sold on MQL5. However, we can certainly create a code based on the descriptions available on the MQL5 marketplace. It's essential to approach any code derived this way with caution, as it may not fully encapsulate the robot's actual functioning capabilities.

Code:
You don't have permission to view the code content. Log in or register now.

Download Detroit Smash FX Today and Share Your Results​

For those intrigued enough to give the Detroit Smash FX a whirl, I encourage you to share your experiences on the forum. It can be enlightening to compare results and strategies with other users. If you have any questions about coding or wish to dive deeper, feel free to ask. Just a reminder: the EASY Trading Team does not sell the Detroit Smash FX; we merely created a code based on its MQL5 description. Happy trading!
 

Attachments

  • Detroit Smash FX.mq5
    5.3 KB · Views: 0