Introduction
As a professional trader and programmer in the EASY Trading Team, I've encountered a myriad of trading robots, each claiming to be the next big thing. Today, I'll be evaluating the ICT Silver Bullet Expert Advisor MT4, based on user feedback and additional insights. Let's dissect its features, analyze the results, and provide a professional opinion on its strengths and weaknesses.
Description of Functions
The ICT Silver Bullet Expert Advisor MT4 is crafted on the 'Silver Bullet' strategy, conceived by the well-known ICT trader. Here’s a breakdown of its core functions:
- *Fair Value Gap (FVG)*: Focuses on trading within periods of heightened volatility, known as KillZones.
- *Customization*: Allows users to select the market, instrument, timeframe, and specific KillZone.
- *Visual Enhancements*: Color-coding for long and short FVGs.
- *Risk Management*: Comprehensive options to manage risk.
- *Advanced Features*: One-directional trading, trailing stop loss, and management of multiple KillZones.
Performance Analysis
Based on the user feedback:
- **ashley977**: Rating 5 - Work amazing for now still testing it on Funded account.
- **tabber**: Rating 5 - Works great... The potential is endless.
- **OlaTechie**: Rating 5 - Thoroughly impressed... Highly recommended.
- **jiomin**: Rating 5 - This coder is talented... Works well.
The glowing reviews seem promising, but I remain skeptical until I see long-term, verifiable performance data. For detailed statistics on the last year’s performance, visit ICT Silver Bullet Expert Advisor MT4 Statistics.
Pros and Cons
Here's my professional take on the strengths and weaknesses:
Pros:
- High customizability.
- Strong risk management features.
- User-friendly visual enhancements.
- Positive initial reviews.
Cons:
- Lack of long-term performance data.
- Over-reliance on a single strategy (Fair Value Gap in KillZones).
- The need for continuous updates and adjustments.
Conclusion
The ICT Silver Bullet Expert Advisor MT4 appears promising, especially given its customization options and initial user feedback. However, I urge traders to approach with caution until more extensive data is available. Engage in discussions on forums and share your experiences.
Source Code of ICT Silver Bullet Expert Advisor MT4
We don't have access to the original source code of the ICT Silver Bullet Expert Advisor MT4 sold on MQL5. However, at EASY Trading Team, we've created a code based on the description from the MQL5 site. If you have questions regarding the code, feel free to ask.
Code:
You don't have permission to view the code content. Log in or register now.Download ICT Silver Bullet Expert Advisor MT4
For those interested in exploring or downloading a version of the ICT Silver Bullet Expert Advisor MT4, based on the description from the MQL5 site, remember this is simulated code by easytradingforum.com. We do not sell the original ICT Silver Bullet Expert Advisor MT4. For the official version, visit MQL5. For code-related inquiries, join our discussion at easytradingforum.com.