Volatility level

[TopicStarter]

Introduction​

In the ever-evolving world of trading, robots like Volatility Level are touted as groundbreaking solutions. Users rave about their effectiveness, but the reality often falls short of the hype. Let’s delve into the functionalities of this robot and evaluate its performance over the past year.

Description of Functions​

The Volatility Level robot claims to track market volatility and provide insights based on the activities of market players. It appears to focus on identifying price movement signs rather than following traditional trend-based indicators. The user testimony from Wan Suryolaksono highlights that this robot has helped reshape his trading approach, particularly by avoiding the pitfalls of misleading trend indicators.

Key functions of the Volatility Level robot include:

• • Analyze market volatility to predict potential price movements.
  • Utilize impulsive market player activities to gauge direction.
  • Integrate with other price action indicators for enhanced decision-making.
  • Provide alerts for key volatility thresholds.

Analysis of Results​

A thorough review of the last year’s performance statistics on the official site reveals a mixed bag. While some users report favorable outcomes, others seem more skeptical. The effectiveness of such a robot largely hinges on market conditions and individual trader discipline. It’s essential to approach these results with a grain of caution; a few wins don’t constitute a reliable strategy.

Pros and Cons​

Despite the enthusiastic reviews, let’s not overlook the potential drawbacks. Here are some strengths and weaknesses:

Pros:

• • Focuses on market volatility, which can be a beneficial approach.
  • Encourages users to think critically about price action.
  • Integrates with other analytical tools, allowing for comprehensive analysis.

Cons:

• Performance may vary significantly based on market conditions.

• Dependence on trader experience to interpret signals correctly.

• Limited transparency regarding the original code, making it hard to assess reliability.

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Source Code of Volatility Level​

It’s important to note that the actual source code of the Volatility Level robot remains a mystery. While the product is sold on MQL5, we only have access to its description. However, based on the provided information, our team can formulate a code that reflects its intended functionality. As a result, we can create a sample code inspired by the Volatility Level robot's description available on MQL5.

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Download Volatility Level Now​

For those interested in exploring this robot further, I encourage discussions on forums and sharing personal experiences. Engaging with the community can provide valuable insights into the practical applications of the Volatility Level robot. If you have any questions regarding coding or the functionality, feel free to reach out. Remember, the EASY Trading Team does not sell the Volatility Level robot; we merely offer a code example inspired by its description on MQL5.

Let's keep the dialogue going, and may your trading results be more than just a fleeting trend.

 

[Ben Sullivan]

I believe it would be highly beneficial to implement an alert system that notifies us via email whenever there's a shift from a blue oscillator to a red one, and vice versa, across all active charts. Such a feature would significantly assist in strategizing our next moves based on these transitions. Thank you for considering this enhancement!