Introduction
So, you want to know about the WH DrawFib Pro MT5, huh? With a name like that, it must be some sort of trading wizardry, right? Let's not get carried away just yet. This evaluation will dissect what really lies beneath the hood of this trading robot. We'll analyze its features, look at user feedback, and scrutinize the results from the past year. Sounds thrilling, doesn't it?Description of Features
The WH DrawFib Pro MT5 is designed to automate your trading on MetaTrader 5 by utilizing Fibonacci retracement levels. It's supposedly a real charmer by identifying potential support and resistance levels based on Fibonacci ratios. Key features include:- Automated Fibonacci retracement levels.
- Configurable alerts for specific trading events.
- Multi-timeframe support.
- Customizable settings to fit different trading styles.
Fancy, but let's see how it holds up in real trading conditions.
Analysis of Results
According to the detailed statistics available on this website, WH DrawFib Pro MT5 has shown some promising results over the past year. But remember, stats can be sugar-coated. A robust annual performance can still have hidden pitfalls like high drawdowns or periods of underperformance.Pros and Cons
Just like a double-edged sword, WH DrawFib Pro MT5 has its strengths and weaknesses.Pros:
- Easy to configure and use, if you're familiar with MT5.
- High user rating of 4.8; that’s not too shabby.
- Automates Fibonacci retracement level identification, saving time.
Cons:
- Some users reported issues with alert settings resetting when changing timeframes.
- Lack of comprehensive tutorials, making the initial setup a bit of a headache.
- Not immune to market volatility; drawdowns can occur.
Conclusion
In summary, WH DrawFib Pro MT5 seems to be a functional tool based on user feedback and statistical performance. However, it’s not without its hiccups. The automated Fibonacci levels and configurable alerts are appealing, but the alert resetting issue is a nuisance. It’s worth a shot if you’re willing to fiddle with the settings.Source Code of WH DrawFib Pro MT5
We don't know the genuine source code of the WH DrawFib Pro MT5 sold on MQL5, but we can certainly craft a robot based on its described functions. If the mysteries of the original source code intrigue you, you're not alone. Interested in a custom version based on the available description? Drop us a line.
Code:
You don't have permission to view the code content. Log in or register now.