Introduction
Today we are going to critically examine the trading algorithm known as Switch Tray. This is based on user feedback collected from the MQL5 community, along with an analysis of the trading bot's performance over the past year and available data from the website https://forexroboteasy.com/trading-robot/switch-tray/.
But, remember: the EASY Trading Team is not in the business of selling these bots. Rather, we dissect them, providing you with insights based on our professional experience and skepticism. Now, let's get to the point.
Description of Functions
According to user feedback, Switch Tray is a handy utility that allows the trader to avoid having multiple charts for different pairs open on the terminal. The user can customize the displayed currency pairs, making it a flexible tool for a variety of trading strategies.
However, from the ratings, we know that users would like the option to customize the timeframes displayed as well, suggesting that the robot doesn't currently support this feature. It seems a bit of an oversight on the part of the developers.
Analysis of Results
The robot has received a rating of 5, which initially seems promising, but in this business, it's always worth considering whether too good to be true might indeed be the case. We do not have any specific trading results or statistics for Switch Tray for the past year, which might make some traders slightly sceptical.
Pros and Cons
Pros:
- Convenience: allows traders to avoid having multiple charts open.
- Customization: traders can configure the displayed currency pairs.
Cons:
- Limited customization: no option to configure the displayed timeframes.
- Lack of transparency: no specific trading statistics available.
Source Code of Switch Tray
We must clarify that the EASY Trading Team does not have access to the original source code of Switch Tray available on MQL5. However, we can create a code based on its description on the MQL5 website. This is more of an attempt to understand the functioning of the bot rather than an exact replica.
If you have questions about this code, please feel free to ask on our forum at easytradingforum.com, and we'll try to assist you.
Code:
You don't have permission to view the code content. Log in or register now.Download Switch Tray: A Comprehensive Review
In conclusion, Switch Tray seems to be a useful utility for traders, but it has scope for improvement, particularly in the area of customization. If you're considering trying out this bot, we recommend fully understanding its functions and limitations before integrating it into your trading regime.
Remember, we do not sell Switch Tray. However, for more insights into trading robots or if you'd like to discuss Switch Tray further, we invite you to join our discussion at the https://easytradingforum.com/ forum.