Introduction
In the world of Forex trading, robotic advisors have long been a subject of debate. Some argue they simplify trading and allow even the most inexperienced traders to participate in the market. Others contend that these tools rob individuals of the learning opportunities gained through hands-on trading. Shepherd Harmonic Patterns Free is one such tool that has been generating mixed reviews in the trading community. With a respectable overall rating of 4.73 and a range of user opinions, let's dissect this tool to see just how effective it truly is.Description of Functions
The Shepherd Harmonic Patterns Free is trading advisor programmed to identify and utilize harmonic patterns in forex trading. It superimposes these patterns onto a price chart and generates signals for profitable entry and exit points in the market.Analysis of Results
Unfortunately, the tool's website - forexroboteasy.com - does not provide conclusive trade records from the past year. Without verifiable, concrete data, it’s hard to determine the software’s long-term reliability and effectiveness. However, considering the user reviews, the efficacy of the tool appears to vary with some traders finding it useful and profitable while others report otherwise.Please note that these views are subjective and should not be the sole consideration in your decision to use this robot.
Strengths and Weaknesses
Based on user comments, the tool has some evident strengths. Its ability to identify harmonic patterns and generate profitable signals has been appreciated by some users. Moreover, its price - free - is certainly appealing. However, it doesn’t come without a share of negatives. One user complained that the tool significantly slows down the computer, which can be detrimental in the fast-paced world of forex trading. Furthermore, there seems to be a lack of clarity about the benefits and features that the premium version provides over the free one.Source Code of Shepherd Harmonic Patterns Free
As per the information available, we do not have access to the original source code of this trading robot sold on MQL5. However, we can create a code based on the description provided on MQL5 where this algorithm is sold. If you have any questions about the code, feel free to ask.Please understand that this is a sample code from easytradingforum.com, based on the robot description. Note that the EASY Trading Team is not selling the Shepherd Harmonic Patterns Free, but rather, has created a trading robot based on the description.
Code:
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For those of you who are interested in trying out the Shepherd Harmonic Patterns Free, remember that using a trading robot should be a calculated decision. Evaluate your trading strategy, understand the capabilities of the robot, and be aware of its limitations.Remember to share your experiences on our forum at easytradingforum.com . We would love to hear about your successes and setbacks with this tool. Happy trading!