Introduction
Let's explore the wonderful world of trading robots. Today, our star is NAS100 Auto Sl And TP MT5. Sounds fancy, doesn't it? Well, let's put it under the microscope and see how it holds up to scrutiny.
Function Description
NAS100 Auto SL And TP MT5 performs automatic Stop Loss (SL) and Take Profit (TP) operations. A promising idea for those traders who love a fully automated system.
It seems like the robot is designed to adjust the SL and TP levels based on market conditions. An interesting approach, but effectiveness is always the key.
Performance Analysis
Our beloved user xlxaxlx commented that they started testing it and hoped for the profit lock function to work well. But hold on, didn't you mention it's free? Well, nothing in this world is truly free, my friend.
Looking at the stats for the past year, the results are... well, rather ordinary. Nothing too impressive nor disastrous - a classic case of mediocrity.
Pros and Cons
If we squint our eyes and look hard enough, some pros are visible like its SL and TP adjustment mechanism. But, the effectiveness of the profit lock function seems to hang in the balance.
As for the cons, well, without the actual source code, it's like shooting in the dark.
Source Code NAS100 Auto Sl And TP MT5
Now we stumble upon an interesting situation. The real source code of this bot is locked away in the vaults of its creators. But, who needs originals when we can create an imitation, right? Based on descriptions provided on the MQL5 site, we could generate a replica of the algorithm. Yet, remember, this would only be a re-creation, and not the original masterpiece.
Code:
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For those of you brave enough to dive into the slightly murky waters of NAS100 Auto Sl And TP MT5, download the robot here.
Got questions about the code? Feel free to ask them. But remember, the code provided by easytradingforum.com is only a representation of the original robot sold at MQL5.
One important note, though - the EASY Trading Team does not sell the NAS100 Auto Sl And TP MT5. We simply created a coding representation based on the description. So, don't shoot the messenger if the bot doesn't turn out to be a golden goose.
But by all means, share your experiences and test results on our forum. Who knows, maybe we are wrong and this bot is the next best thing since sliced bread. Or not...