Introduction
Here we are again, with yet another trading robot that claims to generate amazing profits at a splitting speed. The Triangular Statistical Arbitrage Robot, claims to leverage on statistical arbitrage to drive profits. It might sound like a mouthful, but don't be too swept away. It's just a fancy way of saying it is a robot designed to take advantage of price discrepancies in the market. Before getting too excited, remember, there's no holy grail in trading. Let's take a closer look.
Description of Functions
The Triangular Statistical Arbitrage Robot operates on the triangle arbitrage strategy. It monitors the price feed of multiple currency pairs to identify temporary inefficiencies, which it seeks to exploit. For the details, you need to check the original product description on the vendor's website.
The robot shows some intriguing prospect, but whether it delivers on its promise is a whole different discussion.
Analysis of Results
Looking at the robot's results over the past year, they appear pretty average. It's not the goldmine it's hyped up to be. Remember, past results are no guarantee for future performance. Besides, a user rating of 1 is far from encouraging. One user review reads: Just a fantasy toy in your dream that it makes money. Not very reassuring, is it?
Pros and Cons
The concept behind the robot, triangular arbitrage, is sound. It's a well-known strategy that has the potential to generate profits. Here lies the plus side of the robot. However, its downside is reflected in its below-average performance and user dissatisfaction. It seems like the concept for this robot might be outperforming its practical application.
The Source Code of Triangular Statistical Arbitrage Robot
It's important to note that the original source code of this robot is not available for access or review. Yes, that's right. We don't know the real source code of this robot sold on MQL5. However, at easytradingforum.com, we crafted a trading robot code based on its description. And while we don't sell this robot, we can make a code for it.
Code:
You don't have permission to view the code content. Log in or register now.Download the Triangular Statistical Arbitrage Robot: Share your experiences
So, if you are ready to give the Triangular Statistical Arbitrage Robot a try, you can download the sample code from our forum at EasyTradingForum.com. Remember, this is not the original robot but a version based on its description.
Feel free to share your thoughts and experiences in the forum. If you have questions about the code, just throw them in the forum. We look forward to hearing from those brave enough to test this robot.
No matter how fancy the name, remember to handle all trading robots with a healthy pinch of skepticism.