Symbol Manager

TopicStarter

Moderator
Apr 15, 2024
10,076
4
38

Introduction​

Before we dive into the murkier depths of trading robots, let's tread some shallow waters first. Today we'll be taking a skeptical look at the Symbol Manager trading robot. If you haven't heard of this one, it's one that has been getting a lot of hype in the trading community lately - but remember kids, buzz doesn't always mean the bee's knees.

Description of Features​

Looking at the features of Symbol Manager, it appears to be a versatile tool that allows for easy customization of parameters such as table column sorting and text size adjustments - a small yet useful feature overlooked by many. Users also note its effective take profit/stop loss function, which seems to perform flawlessly.

However, while the ability to optimize your trading space and the apparent 'best support' from the author seem impressive, any experienced trader knows that a shiny interface and fast responses have no correlation with trading efficacy.

Analysis of Results​

Symbol Manager has scored itself a clean rating of 5, which should raise an eyebrow or two. In my opinion, any tool that works excellently should also be subject to thorough scrutiny. Positive feedback from users is one thing but let's remind ourselves that trading is about cold, hard numbers. For a comprehensive analysis, you can check detailed statistics at https://forexroboteasy.com/trading-robot/symbol-manager/.

Pros and Cons​

On the plus side, Symbol Manager has a user-friendly interface and offers customization features that appeal to all sort of traders - from the visually inclined to the detail-obsessed. The fast support from the author is also a commendable aspect.

But we have to remember, there are two sides to every coin. As per the user reviews, there is a complaint about the messy sorting order when 'do not group' is selected. Also, the 'excellent' ratings are based on the user experience, not on the bot's performance. That is something to be wary about.

The Source Code of Symbol Manager​

We don't know the actual source code of the original bot sold on MQL5. However, based on the descriptions on their page, we can create a similar one. Please note that this is just a model code we don't sell the original Symbol Manager. If you have any questions about the code, feel free to ask at easytradingforum.com.

Code:
You don't have permission to view the code content. Log in or register now.

Download and Discuss the Symbol Manager Software and Your Trading Results​

Now, it's time for you to get your hands dirty. Go ahead and download Symbol Manager from the MQL5 website (remember we don't sell this bot). Try it out and share your experiences with us. Whether it's a triumph or a disaster, we're all here to learn.

But as you go, remember, trading robots are not an easy button for successful trading. They are just tools. Like every tool, they have their strengths and weaknesses, and they need a capable hand to wield them effectively.

To discuss this more, head over to our forum at https://easytradingforum.com/. Can't wait to see you there, folks!