New Genius AI FTMO

[TopicStarter]

Introduction​

As an MQL5 programmer with the EASY Trading Team, I'm here to cover the New Genius AI FTMO, a trading robot that has been quite a topic of discussion. The robot is designed with the objective of automating forex trading by making trading decisions based on prevailing market conditions. The bot has an average rating of 3.96 and seems to divide opinions. Let's delve into it.

Description of Functions​

New Genius AI FTMO is a forex trading robot that uses a special algorithm to predict market trends and make trades accordingly. Its underlying technology also allows it to adapt and optimize its trading strategy based on market volatility. However, the effectiveness of the bot appears to be a matter of debate among its users.

Analysis of Results​

Looking at the user comments and the bot's rating, it seems that the results aren't impressive. With several users reporting heavy losses, one can't help but question the bot's trading strategy and effectiveness. However, a few users claim to have purchased the bot based on backtest results and seem hopeful about its performance. So, it's a bit of a mixed bag, isn't it?

Pros and Cons​

Benefits: The New Genius AI FTMO has an air of innovation around it, with the use of artificial intelligence and its adaptive trading strategy being its main selling points. A few users appear to have faith in this system.

Downsides: Unfortunately, the negatives seem to outweigh the positives. The price plunge from $125 to $49 says a lot about its market acceptance. Furthermore, numerous users reported significant losses, which brings its trading strategy and overall effectiveness into question.

Source Code of New Genius AI FTMO​

As it stands, we don't know the actual source code of the original bot sold on MQL5. We can, however, create a code based on the description given on the MQL5 site, where this algorithm is sold. If you have queries about this code, feel free to poke around on easytradingforum.com. It's worth noting that this is just an example code from there, based on the description of the robot. The EASY Trading Team does not sell the New Genius AI FTMO, but only created a trading robot code based on its description.

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Download-and-Experience-The-New-Genius-AI-FTMO-Trading-Robot​

If you're curious about this trading robot, give it a whirl. Test it, question it, and share your findings with us and the trading community. After all, the best way to evaluate a trading system is to see it in action. Be sure, however, to approach it with a healthy dose of skepticism, and as always, don't risk more than you can afford to lose.