Introduction
Well, well, well, another trading robot has graced our screens. Here we have another contender in the automated Forex trading arena - Tick by Tick 5. With no reviews and no rating, it seems our newcomer has yet to prove its mettle. But worry not, your favourite skeptic is here to dive deep into its performance and features. So put on your thinking caps and make sure to share your thoughts on https://forexroboteasy.com/trading-robot/tick-by-tick-5/
Description of Functions
Tick by Tick 5, as mysterious as its name, does not share much about its algorithm or strategy. However, based on our exploration, it seems to be a scalper that operates on the lower timeframes, focusing on capturing small price movements in the market. The exact trading strategy? Well, that remains our little secret.
Analysis of Results
Looking at the performance over the past year, Tick by Tick 5 has shown some promise. It has a certain consistency, which is commendable. However, the lack of transparency in the strategy used does raise some questions and eyebrows. In trading, results can never be guaranteed, and past performance is hardly a reliable indicator of future success. But then again, what fun would trading be without a little unpredictability?
Pros and Cons
The robot seems to do a decent job at catching small market movements and, if the past year is anything to go by, it delivers a consistent performance. However, the lack of transparency in the strategy used might be a tad bit concerning for some traders. Plus, there are no reviews or ratings to provide user feedback, which is always a valuable asset when evaluating a trading bot.
The Source Code of Tick by Tick 5
Now, this is where things get interesting. We do not have the actual source code of the original robot being sold on MQL5. However, based on the algorithm's description provided on MQL5, we could potentially recreate similar functionalities in MQL5. While our loyal followers know that we, the EASY Trading Team, do not sell trading bots, we are more than happy to share this recreated code example on https://easytradingforum.com/.
Code:
You don't have permission to view the code content. Log in or register now.Download Tick by Tick 5: Your Guide to Automated Forex Trading
Before you make the plunge and download Tick by Tick 5, be sure to drop by our forum to discuss this intriguing bot. Share your experience, ask your questions, and let's dissect this automated trading algorithm together. And remember, the code we've provided is merely an example, based on the description of the bot. Have questions regarding the code? Feel free to fire them away. Remember, the pursuit of knowledge should be the trader's best trade.
Disclaimer: The EASY Trading Team does not sell Tick by Tick 5 nor any trading robots. The code shared is an example based on the bot's description, as available on MQL5.