Introduction
Meet Zenvo, the latest creation by Anton Kondratev. With a rating of 4.43 and a price tag that’s not for the faint-hearted, this trading robot promises a lot. But does it deliver? Let's dissect its features and performance to see if it’s worth your hard-earned money.Description of Features
Zenvo is an automated multi-currency trading system that prides itself on not using Grid, Martingale, AI, or Neural Networks. Instead, it employs a Forward Optimization Algorithm (FOA) to identify current market patterns. Each trade comes with a fixed Stop Loss (SL) and Full Deal Tracking (FDT), ensuring that your capital is as safe as it can be in the volatile world of forex trading.The robot adapts to broker conditions in real-time, taking into account spreads, delays, slippages, and market gaps. It also includes Virtual Profit Tracking (VPT) and dynamic Take Profit (TP) to hide its behavior from brokers. For those who like to keep things unpredictable, Zenvo offers randomized market entries and exits.
Trading kicks off in the evening after 18:30 broker time, using a Market Volatility Filter to find accurate market entries. And for those with weaker PCs, there’s a 1OHLC mode for quicker but less accurate checks.
Analysis of Results
Over the past year, Zenvo has shown mixed results. Some users, like Philipp Neu and AMZreact, rave about its reliability and the excellent support from Anton. They claim that the backtests align well with live trading, and the system’s various protections minimize risk.However, not all feedback is positive. While the robot’s performance is generally good, it’s not immune to significant losses. This highlights the importance of proper setup and risk management. The robot’s adaptability and various features are impressive, but they are not a magic bullet.
Pros and Cons
- Pros:
- Robust security features
- Real-time adaptability
- Excellent customer support
- Randomized market entries and exits
- Virtual Profit Tracking and dynamic Take Profit
- Cons:
- High price point
- Mixed user feedback
- Requires proper setup and risk management
- Not immune to significant losses
Conclusion
Zenvo is a sophisticated trading robot with a lot of bells and whistles. Its various features and adaptability make it a strong contender in the automated trading market. However, it’s not without its flaws. The high price and mixed user feedback suggest that it’s not a one-size-fits-all solution. Proper setup and risk management are crucial for getting the most out of this robot.Source Code of Zenvo
We don’t have access to the original source code of Zenvo, which is sold on MQL5. However, based on its description, we’ve created a sample code that mimics its functionalities. If you have any questions about the code, feel free to ask. This example is provided by easytradingforum.com and is based on the description of the robot sold on MQL5. Note that the EASY Trading Team does not sell Zenvo; we only created a code based on its description.
Code:
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