Introduction
Smart Safe Steady Free is a trading robot making waves in the FX market community. Though I'm rarely impressed, this bot has piqued my interest thanks to its high user ratings and notable features. Let's dissect its functionality and performance.Description of Functions
Smart Safe Steady Free comes equipped with a host of features designed to improve trading efficiency:- Predictive Algorithms: Uses historical data to predict market movements—allegedly.
- Customizable Settings: Users can tweak settings to suit various market conditions.
- Compatibility with Multiple Pairs: Although the buzz mainly concerns EURJPY.
- Backtesting Capabilities: Offers a glimpse into simulated performance, which, of course, isn't always accurate.
Performance Analysis Over the Last Year
A look at the bot's performance data over the past year reveals some promising results. However, as always, I remain skeptical. The backtests might seem impressive, but real-world application often tells a different story.User Reviews
Let's consider user feedback:- Paul Martin (pvmforex): Very predictable EA, can be quite effective when selectively implemented in certain FX markets. Sure, predictability is nice, but selectively implemented raises a red flag.
- Aleksandr Khrulev (alexyola): При правильном Манименеджменте получается очень даже хорошо. Пока что, это лучшее, чем я пользовался. Given the right money management, apparently, it's the best he's used. High praise, but still subjective.
- Johanes Hermanto (selectivechoice): The free version works great for EURJPY with default setting and FIFO enabled, on the back test. Great product! Another backtest success, but how does it fare in live trading? That's the million-dollar question.
Pros and Cons
- Pros:
- Customizable settings.
- Positive backtest results.
- High user ratings.
- Cons:
- Reliance on backtests.
- Real-world performance not always as stellar.
- Lack of transparency in algorithm functioning.
Source Code of Smart Safe Steady Free
We don't have the actual source code for the original Smart Safe Steady Free that's selling on MQL5, but we can create a code based on the bot's description available on the website. Transparency is key, and if users have any questions or need further customization, they are welcome to discuss it on the forum.
Code:
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