Protected highs lows and trend detected MT4

[TopicStarter]

Introduction​

Alright traders, let’s talk about the trading robot that has been catching attention in the recent times - Protected highs lows and trend detected MT4. The question we’re here to address today is: Can this Forex robot perform as brilliantly as it promises or is it another algorithm in the long line of over-hyped trading tools? Based on a user rating of 5 with promising feedback as well as its performance over the last year, we just might be onto something. But as always, I urge you to take this with a grain of salt and test it thoroughly before making a commitment.

Description of Functions​

This software purports to detect trends by combining Moving Averages (MA) with protected highs and lows. Its main selling point is that it encourages trades to stay in trend longer, thereby enabling premium entry points. The robot can be put on different chart time frames, adding to its flexibility.

Analysis of Results​

The trading results of Protected highs lows and trend detected MT4 for the past year are available at forexroboteasy.com. This may be your opportunity to scrutinize the performance and determine its potential for profitability. And remember to exercise caution, cos even the most glittering diamond can sometimes be just a glass.

Pros and Cons​

- Pros: Based on the user feedback, the positive takeaways are the premium entry points and the potential to stay longer in a trade. The versatility of the software to be used across different chart time frames is another plus point.
- Cons: As a seasoned trader, I must remind you that no trading robot is perfect. The effectiveness of this one can vary according to market conditions and the trend detection may not always be accurate.

The Source Code of Protected highs lows and trend detected MT4​

We do not have the original source code of this trading robot sold in MQL5. However, based on the description provided on MQL5, a code can be developed. Remember, this is only a hypothetical scenario. If you wish to discuss the source code, feel free to start a thread on easytradingforum.com, and the community will chip in with their insights.

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Download the Protected highs lows and trend detected MT4 Robot and Share Your Experience​

To wrap up, the Protected highs lows and trend detected MT4 is worth a look. While there seems to be some positive feedback about it, remember the immortal words of wisdom - don't count your chickens before they hatch. The platform doesn't sell this software; we’ve merely created a trading robot code based on the description. So, download the robot, check out its performance, and share your results on our forum. Questions about the code are also welcomed. Just remember, in the world of forex trading, everything isn’t always as it appears to be.