Introduction
In the constantly evolving world of trading, every trader seeks an edge, a tool that can tip the scales in their favor. Today, we'll take a close look at the trading robot Super Trend EA. With a user rating of 3.67 and a variety of mixed reviews, it’s time to dissect this tool's true effectiveness.Description of Features
Super Trend EA boasts several features designed to enhance trading efficiency:- Trend Following Algorithm: Uses advanced metrics to follow market trends.
- Risk Management: Allows users to adjust risk levels, such as trading only 1% of the deposit.
- Customizable Settings: Offers customization options to fit individual trading strategies.
- Free Updates: Provides periodic updates to improve performance.
Analysis of Results
Analyzing the robot's performance over the past year reveals a mixed bag of results. Here’s a snapshot of user feedback:- User dionaja8888-gmail: Rated 0, simply said Hm. Not exactly a ringing endorsement.
- User agrushev777: Rated 5, adjusted the robot to fit his strategy and was pleased with the results.
- User prasopchok2512-gmail: Rated 0, bluntly stated “EA not working”.
- User yalewang: Rated 1, encountered significant losses.
- User qingren: Rated 1, reported no trades being opened.
Pros and Cons
Pros:- Customizable settings allow adaptation to various trading strategies.
- Incorporates risk management tools to mitigate potential losses.
- Free updates keep the algorithm up to date with market trends.
- Mixed user feedback, with some experiencing no trades or losses.
- No transparency regarding the actual underlying code.
- Inconsistent performance across different trading environments.
Source Code of Super Trend EA
It’s worth noting that the original source code of Super Trend EA is not available to the general public. While it’s sold on platforms like MQL5, what you get is a black-box solution. However, based on the descriptions and user experiences, savvy programmers can recreate a similar EA. If you’re curious about the inner workings or wish to try coding it yourself, check out the descriptions on MQL5 for some guidance.
Code:
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