Introduction
Volume Delta Panel—sounds fancy, doesn't it? This trading robot claims to help you make better trading decisions by providing detailed volume analysis. But before you get too excited, let's break down its functionality, results, and what actual users think about it. After all, skepticism is our best friend in the trading world.
Description of Features
So, what does Volume Delta Panel actually do? According to the product description, the robot offers:
- Real-time volume analysis on your MT4 charts.
- Separation of buy and sell volumes within a single candle.
- Visual representation of market sentiment based on volume deltas.
In theory, this should provide traders with a more detailed view of market dynamics, potentially leading to better trading decisions. But theories are just that—until they're put to the test.
Analysis of Results
Let's cut straight to the chase—how has Volume Delta Panel performed over the last year? According to the stats available on the website, the robot has shown mixed results. While some gains have been made, the consistency and reliability of these gains are questionable.
User reviews are also all over the place. For instance:
jeanyves7: Struggled to even get the indicator to work—zero stars.
mynde81: Found it to be a solid tool—five stars.
rdgautomotive: Thinks the tool is useful but poorly explained—three stars.
yehia911: Over-the-top praise—zero stars, but says it deserves 100 stars.
taketnt: Claims it doesn’t work as advertised—one star.
Given these mixed reviews, it's safe to say that Volume Delta Panel may not be the holy grail of trading tools.
Pros and Cons
Pros:
- Real-time volume analysis.
- Potentially useful for traders who understand volume dynamics.
- Visually intuitive.
Cons:
- Mixed user reviews.
- Lack of clear instructions.
- Some users report it doesn't function as advertised.
Conclusion
The Volume Delta Panel offers some intriguing features, but its effectiveness is up for debate. The mixed user reviews and inconsistent performance make it a risky bet. If you're tempted to try it, proceed with caution and thoroughly evaluate its impact on your trading setup.
Source Code of Volume Delta Panel
We don't have access to the original source code of the Volume Delta Panel robot that's being sold on MQL5. However, based on its description, our team at EASY Trading Team can create a similar code. If you're interested in a custom-built trading robot that mimics the Volume Delta Panel, feel free to reach out.
Code:
You don't have permission to view the code content. Log in or register now.Download Volume Delta Panel for Your MT4 Charts
If you have any questions regarding the code or need further information, don't hesitate to ask. Remember, this is an example code based on the description provided at MQL5. Our team at EASY Trading Team does not sell the Volume Delta Panel robot; we only created a code based on its description.
Got questions or want to discuss further? Let's continue the conversation on the forum and share your experiences with the Volume Delta Panel!