Introduction
We have come across quite an interesting trading robot named OrionsMoveTarget. It has averaged 4-star ratings with a variety of sentiments expressed in the comments. Being the skeptical professionals we are, we take this with a grain of salt and delve deeper into analyzing the bot.Functionality of OrionsMoveTarget
The OrionsMoveTarget is believed to be a versatile trading robot that adapts to different strategies depending on the specifications fed by the users. Without the actual source code, we rely on the details provided by its sellers over at MQL5.It appears that the bot calculates trade sizes based on the percentage of the deposit specified by the user. This provides a risk management strategy as the trader can control the potential losses. The flexibility of this bot is something users have remarked about and it may be one of the reasons some traders find it appealing.
Analysis of Results
Given the lack of concrete data, we can only base our analysis on user comments and the 4-star rating. According to a user, Aleksandr Agrushev, the bot has been performing to his liking with results being observable on his profile. We recommend users share their results for better validation.While the reviews are mostly positive, users such as Peter Men found the bot to be just okay. This is a good reminder that the effectiveness of a trading bot can significantly vary from individual to individual.
Pros and Cons
The strengths of OrionsMoveTarget lies in its flexibility and ability to be adjusted to fit different trading strategies while maintaining risk management through trade size determination. However, without complete transparency on the source code and operating process, we remain apprehensive. Not all users give it a perfect score, which indicates that it might not work equally well for all users and all trading scenarios.Source Code of OrionsMoveTarget
If you're looking for the source code of the original OrionsMoveTarget, you won't find it here. We don't have that. What we do have is a code constructed from the description provided by the sellers on MQL5. Bear in mind, this is not the original OrionsMoveTarget source code.For any questions about the code, don't hesitate to drop them here. Remember, this is simply a product of the brilliant minds at easytradingforum.com, designed based on the description of the robot being sold at MQL5.
Code:
You don't have permission to view the code content. Log in or register now.Downloading OrionsMoveTarget – Get Started Today
If you're intrigued by this bot, we encourage you to visit the MQL5 site, where it is up for sale. Alternatively, you can implement your version of the bot based on the description provided here. If you choose the latter, make sure to share your results with us. We're curious whether you can weave some magic with it.Disclaimer: The EASY Trading Team provides the robot code for educational purposes only. We do not sell the OrionsMoveTarget robot, neither do we endorse or take any responsibility for your trading results with this bot.