Project 758

TopicStarter

Moderator
Apr 15, 2024
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Introduction​


Alright, another trading robot, Project 758. Yet, we don't have any user reviews or ratings on this one. No surprise there, it's hard to trust something without seeing how well it performs. But let's not get ahead of ourselves. We'll dive into the functions, analyze the results, and see if there's any meat to this bone. Buckle up.

Robot Functions​


Project 758 claims to bring a lot to the table. Let's break it down:

  • Automated Trading: Like most robots, it handles trades for you. Big whoop.
  • Market Analysis: It supposedly analyzes market trends, but we know how tricky that can be.
  • Position Management: Adjusts positions based on market conditions. Sounds good in theory.
  • Risk Management: Implements stop-loss and take-profit features. Standard stuff.

Nothing groundbreaking here, just the usual suspects.

Performance Analysis​


Now, let's get to the juicy part—the results. According to the statistics available on this site, Project 758 has had a mixed bag of performance over the last year.

Key Metrics:
  • Win Rate: Sitting at around 55%.
  • Drawdown: A concerning 30%.
  • ROI: 10% for the year. Better than a savings account but not by much.

So, is it efficient? Eh, it’s debatable. The win rate is decent, but that drawdown makes me nervous.

Pros and Cons​


Every rose has its thorns, right? Here’s the rundown:

Pros:
  • Automates trading—good for lazy folks.
  • Implements basic risk management.
  • Moderate win rate.

Cons:
  • High drawdown. Yikes.
  • ROI isn’t exactly thrilling.
  • No user reviews. Red flag.

Conclusion​


So, should you bet your lunch money on Project 758? Hard to say. The functions are standard, the results are mixed, and the lack of user feedback is a warning sign. But hey, if you want to take it for a spin, go ahead. Just don't expect miracles.

Project 758 Source Code​


Now, about the code. We don’t have the original source code for Project 758 from MQL5. Big surprise, right? However, if you're interested, we at EASY Trading Team can whip up a version based on the description from the MQL5 site. Keep in mind, what you get will be our interpretation—no guarantees it matches the original.

Code:
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Download Project 758 and Share Your Results​


Want to give Project 758 a shot? Download it here and let us know how it works out for you. Post your reviews and results on our forum. If you have any questions about the code we create, feel free to ask. Remember, this is just an example code from easytradingforum.com, not the official Project 758 from MQL5.

We’re eager to hear your thoughts—share your experiences and join the discussion!