Introduction
Trading in the forex market has been simplified with the use of trading robots, like the Synthetic Reverse Bar robot. This highly rated tool is touted by users as a very GOOD indicator and useful. But, let's take a closer look.Description of Functions
The Synthetic Reverse Bar robot operates based on price reversals and opening prices. Using a complex algorithm, it identifies potential reversals and reacts accordingly, opening trades in the opposite direction.Analysis of Results
The results of the Synthetic Reverse Bar are accessible on this website. The past year has seen an appreciable performance, which I would not comment on without a cynical smile. Always remember, past performance can't guarantee future results.Pros and Cons
On the plus side, this robot appears to maintain a stable performance with a decent drawdown and return rate. However, like all robots, there's a risk of algorithmic flaws that could lead to potential losses.Source Code of Synthetic Reverse Bar
Despite the community's curiosity, the original source code of the Synthetic Reverse Bar is not available. However, we at EASY Trading Team, have developed a sample code based on the description provided on the MQL5 site. Please note, this is a sample, inspired by the original, not the exact product.
Code:
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For those interested in examining our code, you can find it at easytradingforum.com. Remember this is a sample code, not the original Synthetic Reverse Bar sold on MQL5.If there are any queries regarding the code, feel free to put them forward. And for anyone who’s been using the Synthetic Reverse Bar robot, it’s time to share your experiences on our forum. Let's keep the conversation going.
Please Note: EASY Trading Team does not sell the Synthetic Reverse Bar robot. The code provided is not for sale, it is a tool developed by our team, based on the description of the Synthetic Reverse Bar robot sold on MQL5.