Introduction
As a professional trader and MQL5 programmer, I always approach a new trading robot with a healthy dose of skepticism. Today, we're examining the SuperTrend TV trading robot, a tool that boasts a 5-star rating and some glowing user reviews, such as Great job, thanks (MAKARIOS YACOUBIAN) and Awesome!!!!!!!!! A useful addition to my strategy.(Richard Bethsold). First up, let's see what this robot is all about.
SuperTrend TV: Functions and Features
From the information available on forexroboteasy.com, the SuperTrend TV is built around a Supertrend indicator, which generates entry and exit points based on volatility. This automatic trading bot is designed to function on MetaTrader 5 platform and works best on EUR/USD H1 time-frame.
Performance Analysis
The SuperTrend TV has shown some promising results in the past year. But remember, trading results are like high school relationships—initial sparks doesn't guarantee long-term success.
Pros and Cons
The apparent strength of SuperTrend TV lies in its simplicity. The bot is easy to use and can be a good addition to any trading strategy that thrives on volatility. However, its dependence on volatility could also be a potential weakness as it might struggle during low volatile market conditions.
Source Code of SuperTrend TV
Debunking the mystery around the SuperTrend TV's source code for a hot minute – we don't have the original one. We, at EASY Trading Team, can create a code based on the description provided on MQL5's website where this algorithm is sold. Should you have any questions about this code, fire away on our forum at easytradingforum.com.
Code:
You don't have permission to view the code content. Log in or register now.Downloading SuperTrend TV
You can find more information and download the SuperTrend TV from here. Please note that we, at EASY Trading Team, don't sell the original SuperTrend TV trading robot. We've just created a code based on its description.
And there you have it folks - a quick look at the SuperTrend TV trading bot. Remember to take it for a good spin before integrating it into your strategy. After all, the devil is always in the details.
Happy Trading!
- The EASY Trading Team