Introduction
Supreme Direction trading robot has made its mark in the world of automated trading with a rating of 4.5, primarily due to positive feedback from users like bsedoha and artialberta. However, as a professional trader and programmer, I'm not easily impressed. Let's dive deep into its functionality, analyze its performance from the past year, and weigh its strengths and weaknesses.Description of Functions
Supreme Direction claims to be a reliable trading robot with a variety of features. Here's a breakdown of what it offers:- Trend Detection: Uses complex algorithms to identify market trends.
- Automated Entry and Exit: Executes trades automatically based on predefined rules.
- Stop Loss and Take Profit: Includes customizable stop loss and take profit levels.
- Risk Management: Implements risk management strategies to minimize losses.
- Backtesting Capabilities: Allows users to test strategies on historical data.
Analysis of Results
When evaluating the robot's performance over the last year, Supreme Direction showcased mixed results. The robot managed to generate consistent profits during trending markets but struggled during periods of market consolidation. The overall profitability was moderate, with an average monthly return of around 2%.Pros and Cons
Let's get to the brass tacks.Pros:
- User-Friendly Interface
- Strong Trend Detection Algorithms
- Customizable Risk Management
- Positive User Feedback
Cons:
- Performance Drops in Consolidating Markets
- Moderate Profitability
- Limited Transparency on Algorithm
Conclusion
While Supreme Direction has garnered a good reputation and offers some robust features, it's not without its flaws. The robot performs well in trending markets but falters during consolidations, making its overall performance moderate. The user feedback is encouraging, but I’d recommend taking all trading strategies with a grain of salt.Original Code of Supreme Direction
It’s worth mentioning that we don’t have access to the original source code of the Supreme Direction robot sold on MQL5. However, based on the description provided, our team at EASY Trading Team has created a similar code. If you have any questions regarding the code, feel free to ask. Please note that we don’t sell the Supreme Direction robot but provide an example code based on its description for educational purposes.
Code:
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