Introduction
So, you are considering VR Alert MT5, the wonder-robot of the MQL5 marketplace? With a rating of 5, it’s a mixed bag if you just look at the user reviews. Let's tear it apart and see if it's worth your precious trading time.
Description of Functions
VR Alert MT5 is a trading robot designed to generate alerts based on technical analysis. Here are its main functions:
- Multi-Timeframe Analysis: VR Alert MT5 can analyze multiple timeframes to generate signals.
- Customizable Alerts: Set up alerts according to your trading strategy—email, notifications, or screen alerts.
- Versatile Indicators: Supports various indicators and allows user-defined parameters for better flexibility.
- User-Friendly Interface: Easy to navigate and customize, even for trading novices.
Performance Analysis
A detailed performance analysis over the last year reveals that VR Alert MT5 has shown intermittent success. The robot is best suited for binary trading, as highlighted by user 'temiking', who found it reliable for generating accurate alerts. However, other users like 'karllaz' and 'argent1' report dissatisfaction, hinting at possible deceit and non-functionality under certain settings.
Pros and Cons
Pros:
- User-Friendly Interface: Easy to set up and navigate.
- Versatility: Supports a range of indicators and customizable alerts.
- Effective for Binary Trading: Some users find it reliable for binary options.
Cons:
- Inconsistent Performance: Mixed reviews on effectiveness.
- Non-responsive Developer: Complaints about lack of support and misleading information.
- Functionality Issues: Reports of the indicator not working as expected.
VR Alert MT5 Source Code
Let's clear the air here—you won’t get the original source code of VR Alert MT5, the one sold on MQL5. However, based on the descriptions available, we at EASY Trading Team can whip up a similar code. If it strikes your fancy, you can always look up the original on MQL5, but don't expect us to sell it to you.
Code:
You don't have permission to view the code content. Log in or register now.Download VR Alert MT5 - Forex Trading Robot Indicator
Convinced? Skeptical? That's the spirit! For those of you brave enough to venture further, feel free to download and test VR Alert MT5 from the original MQL5 marketplace. If you have any coding questions or need a robot based on its description, don't hesitate to ask. Remember, this is a sample code from easytradingforum.com, not the actual VR Alert MT5 sold on MQL5.
Check detailed stats here and let's get the discussion rolling. Join the forum, share your results, and let’s figure this out together.