Introduction
Alright, gentlemen, time to get down to business. Today we are taking a look at the FVGs trading robot. Now, despite the high praise and a gleaming 5-star rating, let's still approach this machine with a healthy dose of skepticism. The glittering comments of “COOL” and “Very good indicator” might warm the cockles of any developer's heart, but we are not here for flattery, are we? Let's see how this beast really performs.Description of Functions
Apparently, the FVGs is touted as a precision TP designer when combined with other indicators. But hey, aren't they all? Nonetheless, details gleaned from MQL5 and our own sources suggest the FVGs is an indicator established to identify potential reversals in the market, supposedly quite effectively.The main features of FVGs include:
- Identifying key levels for setting stop-loss and take-profit points.
- Potentially providing early entry points into the markets.
- Combining with other indicators for enhanced market analysis.
Analysis of Results
Now, let's talk about how this machine has been performing over the past year. According to its performance statistics available on this site, the FVGs robot seems to have a consistent, if not stellar, record. But remember, even the shiniest stats can hide a multitude of sins.Strengths and Weaknesses
From the available data, it appears that the FVGs' strengths lie in its consistency and its compatibility with other indicators. Now don't get too excited. On the flip side, the FVGs doesn't offer a magic bullet solution. It seems you'll still need to combine it with other indicators for it to truly shine. And let's not forget that, like all trading robots, FVGs is vulnerable to dramatic market fluctuations and may not always accurately predict future trends.Source Code of FVGs
Let's not forget the elephant in the room here: the original source code of the FVGs is not publicly available. However, we, the EASY Trading Team, have developed an example code based on the FVGs description. Bear in mind, this is not the original code of the FVGs but merely an imitation.
Code:
You don't have permission to view the code content. Log in or register now.Download the FVGs Trading Robot Replica
Anyone looking to download the FVGs trading robot replica can do so from easytradingforum.com. Got questions about the code? Don't hesitate to ask. Remember, this code is not for the original FVGs robot sold on MQL5, it is a product of our team based on the robot's description.As a reminder, the EASY Trading Team does not sell the FVGs robot. We merely provide a sample code based on the description available on the MQL5. In other words, no lawsuits, please.
Now, go forth and discuss, dissect, and debate this piece of tech on our forum and share your results. Happy trading, folks!