This code represents the RoyalPrince Fibo trend detection algorithm developed by the Forex Robot Easy Team. The algorithm aims to detect market trends and provide accurate trade alerts for advanced trend detection in the Forex market.
The code consists of several functions that work together to analyze market trends and update the alert system with the calculated trend percentage. Here is a breakdown of each function and its purpose:
This function is responsible for detecting and analyzing market trends. It calls the CalculateTrendPercentage() function to calculate the trend percentage and then updates the alert system using the UpdateAlertSystem() function.
This function calculates the trend percentage by implementing a specific algorithm. The exact details of the algorithm are not provided in the code, and it should be implemented according to the user's strategy and requirements.
This function updates the alert system with the calculated trend percentage. It can be customized to send alerts through various channels such as email, SMS, or push notifications. The specific implementation of the alert system is not provided in the code and should be tailored to the user's preferences.
This function includes additional trading functions that can be added by the user. It serves as a placeholder where users can add their own trading strategies, indicators, or any other functionality required for their specific trading system.
The OnStart() function is the main entry point of the code. It calls the TrendDetection() function to initiate the trend detection process and then proceeds to execute any additional trading functions added in the TradingFunctions().
The RoyalPrince Fibo is an advanced trend detection algorithm developed by the Forex Robot Easy Team. It is designed to provide accurate trade alerts based on market trends in the Forex market.
With the RoyalPrince Fibo, traders can benefit from real-time trend analysis and receive timely alerts for potential trading opportunities. The algorithm utilizes a proprietary trend detection algorithm to calculate the trend percentage, allowing traders to make informed decisions.
Key Features:
- Advanced trend detection algorithm
- Accurate trade alerts
- Customizable alert system
- Compatible with various trading strategies
- Easy integration with existing trading systems
Please note that ForexRobotEasy is not the official developer of this product. We are showcasing sample code that can work as described in this product. For official reviews, trading results, and to find the official developer of this product, please visit Forex Robot Easy - RoyalPrince Fibo Review.
For more information about the RoyalPrince Fibo algorithm and its implementation, please refer to the official developer's documentation available on MQL5.