Introduction
It's always delightful to dive into a new trading robot's evaluation. This time, we have a seemingly interesting contestant, the Exclusive Trend. Now, don't get me wrong. I am not hoping for some groundbreaking, earth-shattering trading marvel that will turn the world of Forex upside down. I am simply keen on dissecting another trade automaton and discussing it with you. So, let's dig into it, shall we?Functions of Exclusive Trend
The Exclusive Trend, as the name suggests, seems to be built specifically for trending markets. It capitalizes on strong market trends and tries to cut the losses in volatile market periods. And while it may sound like another stereotypical trend following robot, the real validation lies within the code. Which, unfortunately, is not completely accessible to us.Analysis of Results
On evaluating the Exclusive Trend's performance for the last year, we see a pattern of success in trending markets and...well...not so much in others. We see a series of profit streaks followed by occasional drawdowns. But, oddly enough, the drawdowns don’t seem too devastating, which is...interesting.Pros
Stability in trending markets and moderate success in volatile periods.
Cons
Limited functionality in non-trending markets.
Source Code of Exclusive Trend
I know what you're thinking, and no, we don't have the original source code of the Exclusive Trend, sold on MQL5. However, we can discuss and share a similar code, based on the description provided on MQL5.
Code:
You don't have permission to view the code content. Log in or register now.Download Exclusive Trend - Your Key to Trend Trading
Now, remember, we're not selling the Exclusive Trend trading robot here. The code we're discussing is just a representation, an imitation if you will, of the one that is sold on MQL5. So, don't rush to take out your wallets. Instead, take this code, try it out, and see how it works for you. And, if you have any questions or need some clarification regarding this code, feel free to ask. We're all here to learn, discuss, and grow.This being said, I encourage all of you to share your experiences, results, and thoughts about the Exclusive Trend trading robot on this forum. Let's scrutinize this trendy automaton together and see if it really is as 'exclusive' as it claims to be. The intrigue lies within the journey, after all, not the destination.
Remember, the goal here is to trade smart, not hard.
Happy trading!
Disclaimer: This code is an example from easytradingforum.com. Based on the description of the robot for sale at MQL5, this is not the actual Exclusive Trend robot sold on MQL5. The EASY Trading Team created this code based on the description and does not sell the Exclusive Trend robot.