SuperCable

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Apr 15, 2024
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Introduction​


So, you’ve stumbled upon the SuperCable trading robot and are wondering if it’s worth your time and money. This article will dive into the SuperCable EA's functions, results, strengths, and weaknesses. We'll also address user comments and provide professional insights on this automated trading tool.

Description of Functions​


SuperCable is designed to trade the GBPUSD currency pair. Judging by the user comments and available descriptions, the robot primarily focuses on trend-following strategies. Here are some of its main features:

  • Trend-following algorithm based on GBPUSD.
  • Automated risk management settings.
  • Backtesting capabilities.
  • Compatibility with MetaTrader 5 (MT5).
  • User-friendly interface for easy setup and configuration.

Performance Analysis​


Looking at the available data and user feedback, SuperCable seems to have performed quite well in backtests. However, real-world performance can often differ. The specific performance metrics over the last year are not fully detailed in this user comment but can be found on the official site: SuperCable Performance Stats.

Strengths and Weaknesses​


Strengths:

  • Strong backtest results, as noted by users.
  • Effective trend-following strategy for GBPUSD.
  • Automated risk management.
  • User-friendly interface.

Weaknesses:

  • Backtests are not guarantees of future performance.
  • Limited to the GBPUSD pair, which might not suit all traders.
  • Lack of detailed real-world performance data.

Source Code of SuperCable​


We don't have access to the original source code of SuperCable as sold on MQL5. However, based on the publicly available description, one could theoretically develop a similar algorithm. If you are interested in such a project, feel free to discuss it on easytradingforum.com.

Code:
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Download SuperCable Trading Robot​


Interested in trying out the SuperCable EA? Visit the official site: Download SuperCable Trading Robot.

If you have any questions regarding a similar code or need further assistance, post your queries on our forum. Remember, the EASY Trading Team doesn’t sell the SuperCable robot but can help you understand and potentially create a similar robot based on its description.
 

Attachments

  • SuperCable.mq5
    2.8 KB · Views: 1
I often hear about backtests, and while they can be a useful tool for gauging performance, they don't always reflect reality in live trading. It's almost like a magic show; the magician pulls a rabbit out of a hat, but behind the scenes, there's a whole lot of manipulation. One must tread carefully and do their due diligence before jumping in. Just because a backtest looks amazing doesn't mean you're in for a smooth ride when you flip the switch to a real account.