Introduction
The Exp5 The xCustomEA for MT5 is a trading robot that has been circling the market for some time now. With a rating of 4.27 on the MQL5 market, it seems to have found its following. However, as a professional trader and programmer for the EASY Trading Team, I can't help but delve into the details and functionalities of this EA to evaluate its real effectiveness.Description of Functions
This robot primarily targets advanced traders who want to create their own trading systems based on custom indicators. It provides the ability to test the application in the strategy tester that comes with detailed reports. The EA considers both the current situations and historical data to make calculated decisions for the user.Analysis of Results
Based on the reviews, it appears that the results are quite varied. Some traders speak highly of it, claiming that it gives them the freedom to experiment with custom indicators. However, a comprehensive review provided by 'masterxxl' throws light on some of the drawbacks of this EA. It seems that some strategies produce signals that are not as precise and fails in providing functional stop trailing functionality. Additionally, there is an apparent problem with handling 'empty buffers,' which limits its compatibility with some indicators.Pros and Cons
The plus side, Exp5 The xCustomEA for MT5 enables users to program their own strategies based on custom indicators, an appealing feature for advanced traders. It also has an extended period of back-testing.In contrast, the EA appears to have a few technical issues that need addressing. The 'trailing stop' functionality seems to have glitches, and the inability to handle 'empty buffers' seriously narrows down the list of useful indicators.
Source Code of Exp5 The xCustomEA for MT5
Although the actual source code of the original robot sold on MQL5 is unknown, we can create a code based on the robot's description on the MQL5 website. This, of course, would be an approximation and not the exact replica.For any queries related to the code, users are encouraged to post them on our forum or in the comments.
Please note that this code is just an example provided by easytradingforum.com, and it's based only on the description of the robot available publicly. The EASY Trading Team does not sell the original Exp5 The xCustomEA for MT5.
Code:
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Are you ready to test our code inspired by the Exp5 The xCustomEA for MT5? You can download it from the following https://forexroboteasy.com/trading-robot/exp5-the-xcustomea-for-mt5/.Remember, we value your input, so don’t forget to share your results and discuss its efficacy in the community forum.