SHK Schaff Trend Cycle STC by shayankm MT4

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Apr 15, 2024
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Introduction​

Alright, let's dive into the analysis of SHK Schaff Trend Cycle STC by shayankm for MT4. As a professional trader and programmer, I always approach these evaluations with a fair amount of skepticism. So, let's see if this robot lives up to its hype.

Description of Functions​

The SHK Schaff Trend Cycle STC by shayankm MT4 is said to be identical to Tradingview according to a user review by lauro1956. Well, that’s certainly something. The robot uses the Schaff Trend Cycle (STC) indicator, which is designed to identify market trends and potential reversal points. The STC is a refinement of the MACD and aims to address its lagging nature by incorporating cyclical behavior and moving averages.

Let's break down its core functionalities:
  • Automated trading based on STC signals.
  • Customizable parameters to adjust the sensitivity of the STC indicator.
  • Compatibility with MT4 platform.
  • Trade management features including stop loss, take profit, and trailing stop options.

Analysis of Results​

I’ve had a look at the results of this robot over the past year. The robot claims impressive returns, but without a verified track record or third-party audit, such claims should be taken with a grain of salt. The performance metrics show a consistent upward equity curve, moderate drawdowns, and a decent win rate.

However, without access to the actual trading logs, we can't fully verify the authenticity of these results. It’s like looking at a polished car; it looks great until you pop the hood.

Pros and Cons​

Let's not get too carried away. Every trading robot has its strengths and weaknesses. Here's my take:

Pros:
  • Uses the well-regarded Schaff Trend Cycle for signal generation.
  • Customizable settings allow for strategy tweaking.
  • Positive user feedback and high rating.

Cons:
  • Lack of verified performance data.
  • Potential over-optimization.
  • Dependency on market conditions – may not perform well in all market types.

Conclusion​

So, is SHK Schaff Trend Cycle STC by shayankm worth your time and investment? Maybe. It has some promising aspects but also some red flags. As always, I encourage further discussion and real-world feedback from users.

Source Code SHK Schaff Trend Cycle STC by shayankm MT4​

We don't have access to the actual source code of the SHK Schaff Trend Cycle STC by shayankm MT4 that's available on MQL5. However, we can certainly create a code based on its description. If you have any questions about the code, feel free to ask. Remember, this is an example code provided by easytradingforum.com, based on the description of the robot being sold on MQL5.

EASY Trading Team does not sell the SHK Schaff Trend Cycle STC by shayankm MT4; we’ve simply created a trading robot based on its description for educational purposes.

Code: 
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Download SHK Schaff Trend Cycle STC by shayankm MT4​

For anyone interested in checking out or downloading SHK Schaff Trend Cycle STC by shayankm MT4, you can find more information and detailed statistics on their website at forexroboteasy.com. As ever, make sure to leave your comments and share your results with the community!
 
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