Introduction
In the unpredictable world of Forex trading, finding a strategy that consistently delivers profits can be akin to searching for that elusive needle in a haystack. The Gold Escavator Bot, with a user-rating average of 4.5, could perhaps be that needle, or it could be just another strand in the haystack. Let's dig deeper.Gold Escavator Bot Functions
The Gold Escavator Bot is a trading robot that primarily focuses on trading gold (XAUUSD). It's designed with risk management in mind, providing stable and measured results. Its source code is a mystery, a magic box, if you will, as it's only available for purchase on the MQL5 website. However, its basic operation can be assumed from the description provided by the developer and user feedback.Analysis of Results
Our user Vítor Barrocas, while admiring the developer's work and appreciating the bot's stability and prudence, also pointed out that the results were not very exciting. This probably means the bot's performance, in terms of profit generation, left something to be desired. However, we also have Wahyu Adi Yuwono commenting on the bot's promising look and stability. Pity they couldn't quantify 'promising'. Click here to check out the detailed statistics.Pros and Cons
Pros:- Stability
- Prudent operation
- Relatively free of bugs
- Performance may not meet expectations
- Lack of transparency regarding the source code
Gold Escavator Bot Source Code
We don't know the actual source code of the original Gold Escavator Bot sold on MQL5. But based on the description provided on the MQL5 website, Team EASY can provide a sample code here. Note that this is a sample code and may not represent the actual bot's operations. Got questions about the code? Feel free to ask.
Code:
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