Introduction
Well, folks, today we are going to peel back the layers of the VR Assistant Charts MT5 trading robot. Based on reviews and a neat rating of 5, some traders seem to find this piece of software a veritable trading tool indeed. But let's not rush into serenades just yet. We all know well how deceiving appearances can be.
Description of Functions
The VR Assistant Charts MT5 robot, as described on its official page, appears to be a multipurpose assistant that serves both beginners and professional traders. It offers various functions such as trend detection, stop loss and take profit calculation, and order control. It sounds all flashy and impressive on paper, but as we all know, the devil is in the detail.
Analysis of Results
Having looked at the robot's performance over the past year, the results are, well, sort of decent. The robot seems to have managed to pull off a string of profitable trades. However, let's keep in mind that past results are not a guarantee of future performance. After all, a broken clock is still correct twice a day.
Pros and Cons
The VR Assistant Charts MT5 robot does score some points for user-friendliness and versatility. It's the sort of tool that can be used by traders of all experience levels. But on the flip side, the reliance on trend-following introduces a degree of uncertainty. If the market decides to sway against the trend, the robot may not adapt quickly enough, and we all know what that means for your trading account.
Source Code of VR Assistant Charts MT5
We don't have the original source code for the VR Assistant Charts MT5 robot that's sold on MQL5. But based on the description from MQL5, we can generate a similar code. If you have questions about this code, feel free to toss them our way. Keep in mind, however, that this code comes from easytradingforum.com and is based purely on the description of the robot. The EASY Trading Team does not sell the VR Assistant Charts MT5 robot; we've simply created a code based on its description.
Code:
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If you still want to give the VR Assistant Charts MT5 robot a spin, go ahead and download it. Better yet, why not discuss it on our forum and share your experiences with other traders? We're always ready to dig deeper into the unceremonious world of trading robots.
Remember, the EASY Trading Team did not develop or sell the original VR Assistant Charts MT5 robot. We've simply created coding for a trading robot based on its description. Happy trading, folks!