Introduction
Well, well, well... The SSFX supply and demand trading robot is a subject of our examination today. Before proceeding to its intricacies, let's take a quick look at its user reviews. The ratings from the user reviews above stand at 4.75 which is quite above average. However, let's not get carried away, ratings can sometimes be misleading, right?Description of Functions
The SSFX supply and demand robot is a tool designed for the purpose of identifying supply and demand zones in the market. Quite a basic function, huh? It works based on the premise that markets follow a basic principle of supply and demand. This is a concept that even the most amateur trader is probably bored of hearing about. It creates sell zones during a supply demand imbalance and vice versa. Additionally, one particular user noted in his review that the bot doesn't clutter the screen when changing timeframes - a rather basic function that surprisingly many bots get wrong.Analysis of Results
Without precise numbers, we can only analyze based on user comments and a rating of 4.75. Users seem to be generally satisfied with the trend prediction of this bot, finding it straightforward without room for varying interpretations. While this is positive, let's not forget that real trading is rarely that simple!Pros and Cons
Pros:- Straightforward and simple to use.
- Uncomplicated interface doesn't clutter the screen when changing timeframes.
- Good user rating and positive reviews.
- Lack of precise statistical data to analyze the bot's effectiveness.
- Over-reliance on user reviews which can be biased.
- The fact that it's based on a commonly known trading concept might limit its effectiveness over time.
Original Code of SSFX supply and demand
Ah, the code... The original source code of this trading robot being sold over at MQL5 is not known, but a version of the code constructed based on its description can be found at easytradingforum.com. Please remember that we, the EASY Trading Team, are not the sellers of the SSFX supply and demand bot but we have just developed a code based on its description.
Code:
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