Market Working Time Marker

TopicStarter

Moderator
Apr 15, 2024
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Introduction​


Well, here we go again. Another trading robot promising to make you money without lifting a finger. This time we're looking at the Market Working Time Marker. Before we dive into the nitty-gritty, let's set the stage—this robot has no reviews and no ratings. Yeah, not exactly encouraging, is it?

Functionality Overview​


The Market Working Time Marker claims to help you identify the most profitable trading hours. From what we've gathered:

  • Time Marking: It designates the optimal trading windows where it assumes higher profitability.
  • Automated Trading: Executes trades automatically during these prime hours.
  • Customizable Settings: You can tweak the parameters to better fit your trading style.
  • Risk Management: Offers basic risk management features like stop-loss and take-profit levels.

Sounds fancy, right? Let's see if it actually delivers.

Performance Analysis​


Without any user reviews or existing rating, we had to rely on the statistical data available on their website: Market Working Time Marker Statistics.

From what we can see:

  • Performance in the last year has been moderate—not earth-shattering, but not terrible either.
  • The profit curve shows some gains but also significant drawdowns.
  • Win rate hovers around 55%, which is just above a coin flip.
  • Risk management appears to be average, with occasional heavy losses that could wipe out previous gains.

Not exactly a shining star, but we've seen worse.

Strengths and Weaknesses​


Pros:

  • Automates trading during optimal hours, which can save you time and effort.
  • Customizable settings allow for some level of personalization.
  • Basic risk management features to help limit your losses.


Cons:

  • Performance is mediocre—don't expect to retire early.
  • Significant drawdowns raise questions about its risk management effectiveness.
  • Lack of user feedback makes it difficult to gauge real-world efficacy.

Conclusion​


So, is the Market Working Time Marker worth your time? That depends. If you're looking for a hands-free approach and don't mind the potential for significant drawdowns, it might be worth a shot. However, the lack of reviews and so-so performance are red flags. I wouldn't bet my life's savings on it, that's for sure.

Source Code for Market Working Time Marker​


Here’s the kicker. The actual source code for Market Working Time Marker is a black box—we don't have access to it. However, we can create a code based on the descriptions provided on its MQL5 listing. As always, if you have any questions about the code, feel free to ask.

Code:
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Download Market Working Time Marker Trading Robot​


If you're curious enough to try it out, you can download the Market Working Time Marker from Forex Robot Easy. Remember, this is an example code from easytradingforum.com based on the publicly available description. The EASY Trading Team does not sell the original Market Working Time Marker robot; we've merely replicated its functionality based on what's described. If you have any questions, fire away on the forum!

So, what's your take on this trading robot? Head to our forum and let’s hear your thoughts and experiences.