Introduction
Welcome to another scintillating analysis by EASY Trading Team. We are here to dissect and provide an unbiased review on the trading robot - Supply and Demand Order Blocks MT5. Its name sounds impressive and it boasts an equally impressive rating of 4.94. But the real question is, does this robot stand up to rigorous scrutiny of a seasoned professional like us?
Description of Functions
Supply and Demand Order Blocks MT5 is an automated trading system that identifies and operates around the principles of supply and demand zones, also known as “order blocks”. The robot makes accurate trade entries at these critical price action levels which apparently seem to impress users like gnanos123 and Dunstan Wafula Namusonge.
Analysis of Results
The user reviews reveal mostly positive experiences, with a minor hiccup pointed out by bijae about stability issues on different timeframes. However, overall, users like BlackArmor and Stefano M find it easy to implement and supposedly beneficial.
I must say, the glowing reviews combined with a high rating do suggest decent performance. However, in my line of work, we never take things solely on face value. Hence, I would encourage all the users to head over to the detailed statistics available on the EASY Trading Team's website.
Pros and Cons
From the user reviews, some of the strengths of Supply and Demand Order Blocks MT5 seem to be its accuracy of trade entries and easy implementation. However, it appears that there could be room for improvement with its multi-timeframe stability.
And of course, you can't talk about the pros and cons without considering the unknowns. One user, Stefano M, seems unsure about which markets this robot can be used on – Forex? Crypto? Gold? ETFs? Your guess is as good as mine.
Source Code of Supply and Demand Order Blocks MT5
Now, we don’t know the actual source code of the original robot sold on MQL5. But we can generate a code based on the description provided on the MQL5 site. Remember, this is just an example from the EASY Trading Team and is not the actual algorithm being sold.
Code:
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If you have questions about the code, feel free to ask. The EASY Trading Team is here to assist. Just remember though, we're not selling this robot. We've simply created a code based on its description for your practice and understanding.
So, if you want to try out Supply and Demand Order Blocks MT5, join the discussion on easytradingforum.com. Share your experiences, your successes, and failures. Because in the end, the world of trading is one big learning environment where sharing experiences can only make us better.