Introduction
The forex market is filled with endless intricacies and nuances, as traders we strive to decode the market and turn every trade into profit. Today, we are reviewing ThreePointsChannel, a trading robot that has a reputation of a hard worker. The average rating on MQL5 is 4.25, however, let me tear off the shiny cover and dissect the core for all its strengths and weaknesses.Features of ThreePointsChannel
ThreePointsChannel is an automated trading robot designed to make trading decisions on its own, saving you time and mitigating the impact of human emotions on your trading decisions. According to the product description, it is a tool that can be helpful for both manual and semi-automatic trading, as user teacii (5-star rating) has pointed out. The user also emphasized how beneficial it is in live trading conditions, however, as we know, the real trading world is not always sunshine and rainbows.Performance Analysis
When it comes to performance, it is crucial to look at more than just ratings. Faithdefender (rated 2) complains about the lack of instructions and its complex usability. KennethWallace (rated 0) also left a note asking for tips on the best ways to utilize this tool. This suggests that although the trading robot may be effective, it could be challenging for beginners to use. It's like having a fancy sports car with no idea how to drive it.Pros and Cons
On a positive note, the tool has been praised for its functionality, and the developer for his supportiveness. On the downside, some users complain about the lack of instructions and the difficulty of use, as I pointed out earlier. It seems like it might be a poker game where you don't know the rules yet.Source Code of ThreePointsChannel
At EASY Trading Team, we don't have the original source code of ThreePointsChannel, but thanks to the product description on MQL5, it's possible to mirror its performance. Remember, we don't sell ThreePointsChannel, we merely provide you with a trading robot code based on the description.
Code:
You don't have permission to view the code content. Log in or register now.Download ThreePointsChannel: Join the Discussion Now!
I invite all users to our forum to share your results, ask questions and brainstorm how to improve this trading robot. If you have questions related to the code, feel free to ask them at the Easy Trading Forum. Remember, this is a code example provided by easytradingforum.com.To download the robot, follow the link: forexroboteasy.com/trading-robot/threepointschannel/
And yes, we know that the source code doesn't replicate the originally sold robot on MQL5. It's not a replication; it's our interpretation of the description provided.
In conclusion, we have a formula for a successful trading strategy. However, a strategy is only as good as the trader who uses it. The ThreePointsChannel robot looks like an efficient tool, yet, not a magic bullet. The real magic will always lie in your trading skills. So, trade skillfully, trade wisely.