Introduction
Dear traders, it’s time to analyze. Today, we’re going to examine a piece of software called PipFinite Trend Grid EA MT5 https://forexroboteasy.com/trading-robot/pipfinite-trend-grid-ea-mt5/. The crowd seems to love it, with 5-star ratings and rave reviews from users. However, as an old hand in this game, I know better than to take these numbers at face value. So, let’s dive in.Features of PipFinite Trend Grid EA MT5
Apparently, this trading bot applies a grid trading strategy which, in layman’s terms, is about placing trades at regular intervals in the market. It supposedly uses the Trend Pro Indicator to identify profitable opportunities. Sounds simple…almost too simple, don’t you think?Analysis of Results
This trading bot has apparently produced some impressive results over the past year, if we're to believe the users' testimonials. In fact, one user claimed it had recovered all my losses and made a small fortune back. Quite the claim, isn’t it? However, let’s not get carried away. These are only user testimonials, and as we all know, user reviews can sometimes be as volatile as the markets themselves.Strengths and Weaknesses
The apparent strength of this trading bot is its profitability. However, as we all know, the markets can be unpredictable and there is always risk involved. One user pointed out that grid trading aren't [sic] without risk. Indeed, putting all your eggs in the PipFinite Trend Grid EA MT5 basket might not be the best idea.Source Code of PipFinite Trend Grid EA MT5
To clarify, we don’t have the actual source code of the original PipFinite Trend Grid EA MT5. It is sold on MQL5 and, like the Colonel's secret recipe, its inner workings are closely guarded. However, we can create a code based on its description on MQL5. If you’re interested, you can ask questions about the code on the easytradingforum.com.
Code:
You don't have permission to view the code content. Log in or register now.Download PipFinite Trend Grid EA MT5: A Trader’s Perspective
In conclusion, if you're considering downloading the PipFinite Trend Grid EA MT5 https://forexroboteasy.com/trading-robot/pipfinite-trend-grid-ea-mt5/, do so with caution. While the user reviews are overwhelmingly positive, there's no substitute for doing your own research.To be clear, the EASY Trading Team does not sell this robot. We have simply created a bot code based on its description. We encourage you to discuss this bot on our forums and share your own trading results. After all, the proof of the trading bot is in the profits.