Introduction
Let's take a look at PZ Bollinger Trend trading robot. Some methodological knight of digital lines and indicators world on the chessboard of the forex market. Adored by some, it has met with mixed reviews from our brethren in the trading realm. Sporting a solid rating of 4.38, it has elicited myriad responses, ranging from a simple good to a more ecstatic very good! from its users. Surely, there must be more to this robot.Function Description
PZ Bollinger Trend is a forex robot functioning on the principles of Bollinger bands, a popular tool used for identifying overbought and oversold stages in the market. It operates on the assumption that price tends to return to the middle of the Bollinger bands. That said, this one, in particular, is designed to identify short trends, providing opportunities to traders who wish to make a quick exit.Performance Analysis
To dissect the efficiency of PZ Bollinger Trend, let's consider the comments of the users and its results over the past year. Aside from the user nicknamed adnanadnan, who rated its efficiency as a mere 50-50%, all others have labeled it as good or very good. One user even expressed gratitude and requested an MT5 version of the robot. However, without more specific comments and actual data on the robot's performance, it's like trying to hit a bullseye in the dark - certainly doable, but not quite satisfactory.Pros and Cons
On the brighter side, it seems to be ideal for short-term trends. On the gloomier side, and let’s be honest, it doesn’t look that good in terms of objectivity and dependability. With a lack of concrete evidence and without more elaborate user testimonials, establishing the robot's accuracy is undoubtedly difficult.The Irretrievable Source Code of PZ Bollinger Trend
Before your hopes get a boost, listen up: we don't know the real source code of the original robot sold on MQL5. But don't worry, you have not journeyed thus far in vain. We can create code based on the description found on MQL5 where this magical algorithm is sold. And if you have questions regarding this code, feel free to throw them our way.
Code:
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Speaking of which, for you to experience and examine the PZ Bollinger Trend, click here to download it. Remember, this is a code draft from easytradingforum.com, based on the description of a robot that is sold elsewhere. We, the EASY Trading Team, do not sell this PZ Bollinger Trend. We merely crafted a version of the trading robot as per the product description available to us.Remember, it's your move now. Let the world be your chessboard. Any questions, bring them to our forum where we discuss and dissect these digital knights of the trading realm.[/LIST]