Introduction
Well, it seems we have a new contender in the field of trading robots – meet MarketMinute. No bells, no whistles, just a plain-and-simple trading algorithm. Curious? Well, let's scrutinize this one. We have zero reviews and no ratings for this trading robot yet, so, as always, tread with caution.Description of Functions
From what we have gathered, MarketMinute is a scalper EAs that operates in short windows within the market to generate profits. This little fellow supposedly works best in market conditions with high liquidity and low volatility. Of course, as all robots do, it promises to implement strict risk management controls - we have heard that one before, haven't we? Find more of its features in here .Analysis of Results
Without a whiff of sarcasm, I'm afraid I can't give you a full-on analysis of the results, because...well, they're simply not there. What I can say though, is that the absence of any past year performance statistics is a bit of a red flag.Pros and Cons
Sarcasm aside, the MarketMinute trading robot does have a few merits. Its major advantage is that it's designed for high liquidity, low volatility conditions – in other words, it performs best when the market is calm and predictable. However, its downside is blatantly clear – lack of transparency. No reviews, no previous performance results, no customer testimonials – nothing. Now, I'm not saying it's a scam, but... you decide.The Source Code for MarketMinute
Oh, the sweet mystery of a trading robot's source code. Unfortunately, the original source code for the MarketMinute robot sold on MQL5 is not available to us. However, based on the description from MQL5, we can generate our makeshift version of the code. Remember, this is just an approximation, a skeleton if you will, of the original bot. It might not perform as expected, so use it at your own risk.
Code:
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MarketMinute Download and Discussion at easytradingforum.com
So, that's about all I have on the MarketMinute trading robot. If you have any questions about the code, feel free to throw them into the ring. Keep in mind that this code is just a simple example from the EASY Trading Team. It's based on the description of the robot sold on MQL5, and is not the original one.Oh, and one more thing. We at EASY Trading Team don't sell MarketMinute. We're just here, sipping our black coffee, creating codes and dragging trading robots into the limelight. If the MarketMinute bot has already caught your eye, why not head over to our forum and join the discussion? Let's hear about your experiences, test results, and of course, the inevitable failures.
So, until the next robot comes rolling in, keep trading. Good luck. Remember, there's no such thing as easy trading.