Introduction
Ladies and Gentlemen, allow me to introduce: DivergenceLines, a trading robot that seems to be gaining significant attention in the Forex trading world, scoring a solid 5-star rating from its users. Now, before we get too excited, let's take our time to dissect its features and performance. Who knows, we might just find some interesting loopholes or hidden gems.Description of Functions
The DivergenceLines is a trading robot designed to follow the patterns of various market indicators. Using these indicators, it catches divergence lines and the points where the price touches or crosses these lines and makes trading decisions based on these patterns.Bear in mind, the effectiveness of such a strategy is as reliable as the consistency of the indicators used. So, how reliable are these indicators? Well, let's take a look at the robot's performance in the last year.
Analysis of Results
According to the data available on their website, DivergenceLines has shown fairly decent performance in the last year. Now, as we all know, past performance is not indicative of future results. However, it does provide a sneak peek into the potential of the robot.As per user reviews, it performs excellently, with one user even likening it to a perfect combination of three indicators. Intriguing, isn't it? But remember, even the grandest castles can have chinks in their armor. Let's discuss the pros and cons of this system before we get too carried away.
Pros and Cons
In its favor, DivergenceLines appears to be effective in capturing divergence lines and potentially profitable trades. Its users seem to be quite satisfied with its performance, rating it 5 stars.On the downside, however, there is a lack of complexity and tools for customization as pointed out by one user. This could limit the adaptability of the robot to varying market conditions.
Source Code of DivergenceLines
Just a heads-up, we do not have the original source code of the DivergenceLines trading robot that's sold on the MQL5 marketplace. However, we can provide a sample script based on the robot's description. This code is purely illustrative, developed by us at EASY Trading Team. If you're interested, take a look, scrutinize, criticize or appreciate at your own discretion.
Code:
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