Introduction
Well, here we are, getting our hands on another trading robot named Double divergence scanner. With an overall user rating of 4.13, the users seem to regard it favorably. However, let's not jump too fast into conclusions, we all know ratings can be as deceiving as the market itself. Let's have a more detailed look, shall we?
Description of Functions
From what I gather, the Double divergence scanner is an indicator which targets double divergence as a confirmation for trading. Sounds fancy, huh? However, its efficiency, as with every trading tool out there, is still a debatable topic.
The logic behind this robot is that it scans for and alerts about bullish or bearish divergence for several different combinations of RSI, CCI, MACD, and stochastic oscillators. In simple words, it tries to predict trend reversals.
One function that seems to appeal to users like 8601567 is the witness feature. However, it also seems to add a layer of complexity which some users are trying to figure out.
Analysis of Results
Despite the high rating and the enthusiastic comments from users like peterfei2017, jobudi888, golathmim, and aravind, we don't have any cold, hard facts about its performance over the past year. You can check the detailed statistics by clicking on this link.
Pros and Cons
The Double divergence scanner seems to be favored by users who love trading divergence. Apparently, it works like a charm for them. However, for users like 8601567, its functions are not immediately clear and require some time to understand.
Therefore, one can infer that while it may indeed be a great tool for experienced traders who can navigate its features, for newcomers in the field, it might require some considerable effort to figure out.
Original Code of Double Divergence Scanner
Now, we do not, I repeat, do not possess the original source code of this product. But based on its detailed description on MQL5, we can provide a simple example code. This is just a simple demonstration and in no way is intended to replicate the actual product.
However, if anyone is interested in discussing the code or needs clarifications, feel free to ask on our forum at easytradingforum.com.
And just to be crystal clear, we at EASY Trading Team do not sell the Double divergence scanner. We merely provide an example code based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Download Double Divergence Scanner: Discuss its Performance and Share Your Results
Alright folks, I think we've dissected this robot enough for one day. Feel free to discuss the Double divergence scanner on our forum and share your results. Whether you're having a blast with it or you're struggling to understand its functions, your feedback will be valuable. After all, we're all here to learn and share, aren't we?
Until next time, keep your eyes on the charts, not the skies.