Introduction
Let's take a dive into the world of trading algorithms and examine the performance of a trading bot that has been making some noise recently - Flow Trend. Despite its rating of 5 and a very enthusiastic comment from user anita.svr, I'll remain skeptical until I've dissected this robot's performance in depth. However, I do invite you to share your experiences and thoughts on our forum, as the EASY Trading Team always welcomes a healthy discussion.Description of Functions
First things first. The Flow Trend robot, like most trading bots, executes trades based on certain predefined algorithms and trading conditions set by its creators. It is touted to use a complex mix of trading indicators and mathematical models to decide on the best course of action.Analysis of Results
Surely, you're itching to know the performance. The detailed results of the Flow Trend robot can be found on this https://forexroboteasy.com/trading-robot/flow-trend/ link. I've analysed the data for the past year and must say the results are quite interesting. It seems to be performing well within certain market conditions, but remember, past performance is not always indicative of future results.Pros and Cons
Let's not forget, every rosy picture has its thorns. The bot does seem to perform well in certain market conditions, as previously mentioned, but that's about the extent of it. It's heavily dependent on trend direction, as all trend-following systems are. So, the robustness and versatility of this bot must certainly be questioned.Source Code of Flow Trend
We don't have access to the original source code of the Flow Trend robot that's being sold on MQL5. However, we can create a similar algorithm based on the information provided on the MQL5 page. If you have any questions or issues regarding the code, please ask.Remember, this is an example of a code from easytradingforum.com, based on the description of the robot being sold on MQL5. The EASY Trading Team does not sell the Flow Trend but has created a trading robot code based on its description.
Code:
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