Introduction
Well, well, aren't we fancy? Today's subject of skepticism is the Silicon Analyst, a trading robot whose detailed statistics can be examined at your own leisure here. To cut the story short, we don't have any user reviews or ratings to back up this machine's claims. Therefore, it's up to us to dissect this mechanism and see if it's worth a damn.Description of Functions
Silicon Analyst claims to run on a variety of currency pairs and timeframes, using undisclosed algorithms to generate trading signals. It also claims to have money management, risk management, and trailing stop features. Very impressive indeed, if it weren't for the fact that every other robot boasts the same. Let's move onto the results, shall we?Analysis of Results
This is where things usually get interesting. However, without any user reviews available, we're forced to rely on the performance data provided on the website. According to the chart for the past year, Silicon Analyst seems to have had a stable growth with minimal drawdown. Although, considering my years of experience, I always find such perfect curves a little...suspicious.Pros and Cons
The benefits of Silicon Analyst include compatibility with multiple pairs and timeframes, stability, and an integrated risk management system. However, let's not get carried away. The lack of transparency about its trading algorithms, the absence of user reviews, and the fact that we are not aware of any source code for this product raise some red flags.Source Code of Silicon Analyst
Despite not having the actual source code of the original Silicon Analyst sold on MQL5, we could theoretically devise a code based on its description. This would just be a theoretical approximation, mind you. If you have any questions about such an endeavor, feel free to ask at easytradingforum.com. Do note that we, at EASY Trading Team, do not sell Silicon Analyst. We merely create codes based on their descriptions.
Code:
You don't have permission to view the code content. Log in or register now.Download Link and Discussion about Silicon Analyst
For those interested in the theoretical code, or in discussing the Silicon Analyst, head over to easytradingforum.com and get the conversation started. Your reviews and feedback could prove to be vital for someone considering this trading robot.Remember that this is a discussion based on descriptions, not an endorsement or an advertisement. We don't sell robots. We dissect them.