Introduction
Trading algorithms are not a new concept. They have been preying and prowling around the Forex market, ready to capitalise on the slightest fluctuation. Yet, not all of them are up to the task. Today, we will be looking at a rather peculiar specimen: the DRS Semi Automated robot.Description of Functions
Being a semi-automated trading robot, DRS Semi Automated requires some degree of human intervention. However, it still carries out the majority of the trading operations on its own. It allegedly uses a “sophisticated algorithm” to generate trading signals, but unfortunately, it has yet to reveal its secrets. Ordinarily, we would pay homage to its creator's innovation, but then again, we're not exactly sold on vague marketing phrases.Its available functions include:
- Multiple currency trading
- Customizable risk settings
- Stop loss and take profit parameters
- Live market data feed
Analysis of Results
The following analysis is based on the statistics provided on the DRS Semi Automated product page.Over the past year, DRS Semi Automated has shown a modest performance. Its relative drawdown stands at 16.36%, which is not spectacular but still within the realm of acceptance. The average monthly return is around 2.80%, which is not too shabby but nothing to write home about.
However, the absence of public reviews and ratings does raise a few eyebrows. We, the EASY Trading Team, always stress the importance of due diligence. So, let this be your reminder to always consider user reviews when evaluating a trading robot.
Pros and Cons
Pros of DRS Semi Automated:
- Semi-automated trading (if you’re into that)
- Offers some degree of customizability
Cons of DRS Semi Automated:
- Lacks transparency about its trading algorithm
- No user reviews or ratings
- Results are just average
Source Code of DRS Semi Automated
We need to be clear: we do not possess the original source code of DRS Semi Automated sold on MQL5. However, based on the description of the robot from MQL5, we may be able to craft a similar code. But remember, folks, this is mere imitation, not the real deal.Should you have any questions about the code, feel free to ask. This is a code example from easytradingforum.com, which has been created in alignment with the available description.
Make no mistake, my dear readers. We, from EASY Trading Team, are not selling the DRS Semi Automated robot. We have simply constructed a code inspired by the available description of its operation.
Code:
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