MT5 AccountInfoEA

[TopicStarter]

Introduction​

Let’s take a look at the MT5 AccountInfoEA trading robot. Don't expect me to be easily impressed. According to the user comments and an overall rating of 3, it looks like we're dealing with a middle-of-the-road algorithm. Let's dig in and find out if this robot is a hidden gem or just another overhyped tool.

Features Description​

MT5 AccountInfoEA is designed to provide comprehensive account information directly to traders. Here are its key features:

• Account Balance Monitoring: Displays real-time account balance, equity, and margin levels.
• Trade Execution Information: Keeps track of all open positions, pending orders, and trade history.
• Performance Reports: Generates monthly and yearly performance reports.
• Risk Management Tools: Alerts for margin calls and stop-outs.

Sounds pretty standard, doesn't it?

Analysis of Results​

The detailed performance data can be found on this website. Over the past year, the robot has shown mixed results. A few key metrics include:

• Average Monthly Profit: 2.3%
• Drawdown: 15%
• Win Rate: 51%

These numbers don't exactly scream game-changer. With a marginal win rate and a drawdown that’s a bit steep for my taste, this algorithm isn’t exactly going to make you a fortune quickly.

Pros and Cons​

Let’s break down the strengths and weaknesses:

• Pros:
  - Provides detailed account information
  - Generates performance reports
  - Easy to set up and use
• Cons:
  - Mediocre performance metrics
  - User interface could be more organized (as noted by Antoine Moivre)
  - Limited customization options

Overall, it seems like the robot does what it's supposed to do, but don’t expect it to be a miracle worker.

Conclusion​

MT5 AccountInfoEA appears to be an average tool that delivers on its promises but doesn't go above and beyond. If you're looking for basic account monitoring and trade execution information, it might suit your needs. However, its performance is nothing to write home about.

Source Code of MT5 AccountInfoEA​

We don't have access to the original source code of the MT5 AccountInfoEA sold on MQL5. However, we can create a similar script based on the descriptions available on its product page.

If you have any questions about the code, feel free to ask. Remember, this is a sample code from easytradingforum.com, based on the description of the robot being sold on MQL5. Our team doesn't sell the MT5 AccountInfoEA but has created a script based on its description.

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Download the MT5 AccountInfoEA Robot​

If you're interested in testing out the MT5 AccountInfoEA, you can download it from this page. We encourage users to discuss their experiences and results in our forum. Let's see if this robot can truly make a difference in your trading strategy.