Introduction
As a seasoned trader and MQL5 programmer from the EASY Trading Team, I've seen my fair share of trading robots. Some deliver more than they promise, others less. Let's take a look at the Gold Venamax MT5. With a rating of 3.5 and mixed reviews, we've got an interesting one on our hands.Description of Functions
The Gold Venamax MT5 is designed to trade gold, a coveted asset among traders. Its main function revolves around waiting for fully closed candles before providing signal arrows. User lordwigo explains that during the closing period of a candle, the arrows might flash on and off, but the true measure of the signal's validity is whether it stays after the candle is fully closed.Analysis of Results
Based on user reviews, the effectiveness of Gold Venamax MT5 seems to vary. user lordwigo reports effective testing on a 4-hour timeframe while user matto0407 calls out the robot for redrawing arrows, rendering the system unusable. In my professional experience, such divergence in user experiences usually stems from differences in trading environments such as broker, spread, or timeframe.Pros and Cons
On the upside, Gold Venamax MT5 offers a clear signal system simply waiting for fully closed candles. However, the alleged repainting and disappearing of arrows, as reported by matto0407, can be a major drawback, undermining the reliability of the signals.Source Code of Gold Venamax MT5
Regrettably, we do not have access to the original source code of Gold Venamax MT5, sold on MQL5. Nevertheless, based on the description provided on MQL5, we can fabricate a sample code for educational purposes. But remember, this is pure speculation, a hypothetical estimation, not the real deal.
Code:
You don't have permission to view the code content. Log in or register now.Download and Discuss Gold Venamax MT5 on EasyTradingForum
The discussion concerning Gold Venamax MT5 is live on our forum easytradingforum.com. We invite our users to join this discussion, share their experiences, and build a communal understanding of its effectiveness.In case you have questions about the sample code, feel free to drop them. But remember, this is a version of the code from easytradingforum.com, based on the robot's description, not the actual trading robot sold on MQL5.
Please note: EASY Trading Team does not sell Gold Venamax MT5. We have only created a sample trading robot code based on its description.