Introduction
As a professional trader and MQL5 programmer from the EASY Trading Team, it's rare that a trading robot truly impresses me. Fractal Advanced MT5, developed by Siarhei Vashchylka, is one such tool that integrates Fractal and Alligator indicators into your price chart. But does it live up to the hype? Let's dissect its features, analyze its performance, and see if it deserves the glowing reviews it has received.Description of Features
Fractal Advanced MT5 boasts several key features:- Integration of Fractal and Alligator indicators.
- Customization options for fractal icons.
- Ability to adjust the number of fractals displayed using mouse scroll while holding the Shift key.
- Hotkey system to toggle the Alligator indicator on and off.
- Alerts and sound notifications for fractal signals.
Performance Analysis
Based on user reviews and a perfect rating of 5.0, Fractal Advanced MT5 seems to be well-received. Users have praised its simplicity and effectiveness, noting that it declutters charts and provides clear signals. However, it's important to remember that user reviews can sometimes be overly positive, and actual performance may vary depending on market conditions.Pros and Cons
Pros:- Highly customizable, allowing traders to tailor the tool to their needs.
- Effective in decluttering charts and providing clear signals.
- User-friendly interface with hotkey functionality.
- Real-time alerts and sound notifications.
Cons:
- Like any tool, its effectiveness can vary based on market conditions.
- Customization options may be overwhelming for novice traders.
- No guarantee of profitability, as with any trading tool.
Source Code of Fractal Advanced MT5
We don't have access to the original source code of the Fractal Advanced MT5 robot sold on MQL5. However, based on its description, we have created a sample code that mimics its functionality. This code is available for review and modification. If you have any questions about the code, feel free to ask on our forum.
Code:
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For those interested in trying out Fractal Advanced MT5, you can download it from the official MQL5 marketplace. Visit Fractal Advanced MT5 Download for more details. Remember, our team at EASY Trading Team does not sell this robot; we only provide a sample code based on its description.In conclusion, while Fractal Advanced MT5 has received positive feedback, it's essential to approach it with a critical eye. Test it thoroughly in various market conditions and share your experiences on our forum. Happy trading!