Introduction
Trading robots have invaded the forex market recently. And why not? They promise easy money with minimal effort. But as a professional trader and programmer, I am always skeptical. Recently, however, a robot named Pure View caught my attention. Its user rating is an impressive 5, thanks to its reported user-friendly interface. One user, dssstrgr, goes on to say, Very convenient. I liked it. Thank you.
Description of Features
Pure View is not your average trading robot. But then again, what does average even mean in a world like ours? It's built to assist traders in executing trades based on pre-set rules. These rules could be as simple as buying a particular currency pair when the price hits a certain level, or they could be complex strategies involving various trading indicators. The actual details of how the robot makes its trading decisions, however, remain unknown.
Detailed trading statistics are available on the site.
Analysis of Results
Analyzing the results of a trading robot over a year is always fun, especially when it involves sifting through heaps of data. Despite the promising reviews, and the promise of a high rating, the results are a mixed bag.
A more detailed analysis reveals periods of immense profit alternated with periods of substantial losses, similar to most trading robots. In the end, the profitability of Pure View, like all trading robots, will largely depend on the market conditions and the settings the trader chooses.
Pros and Cons
The purported benefits of Pure View are obvious: it can trade round the clock, it's not susceptible to emotions, and it can implement complex strategies with ease. However, its actual performance can be unpredictable, and it's not immune to market uncertainties, just like its human counterparts.
Source Code of Pure View
In the spirit of full disclosure, we don't know the actual source code of the original Pure View robot sold on MQL5. What we can do, however, is create a code based on the description provided on MQL5, where this algorithm is sold.
This is merely an example code from easytradingforum.com, and if you've got questions about the code, don't hesitate to ask. Remember, we, at EASY Trading Team, are not selling Pure View. We have just created a trading robot code based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Download Pure View Trading Robot: A review
All in all, Pure View might be worth a shot if you're looking for a trading robot. But as always, proceed with caution. Monitor its performance and adjust the settings as needed. Feel free to discuss this robot on our forum and share your results. Your input could be valuable to other traders.
Remember, this review is just a professional opinion, ultimately the success of any trading strategy or robot depends on a variety of factors. So, use it, test it, tweak it and share your experience. We're all here to learn and grow together.
Happy trading!