Introduction
Future EA MT5 is a trading robot developed by Mansour Babasafary, combining multiple strategies such as price action, patterns, waves, and potentially artificial intelligence. It is designed for GBPUSD and USDCHF pairs on the H1 timeframe, adhering to FIFO rules and avoiding risky strategies like martingale or hedge. The robot includes settings for profit and loss limits, magic number, comments, risk management, and manual lot value settings. It is compatible with low capital, with a minimum tested capital of $100 and a minimum tested leverage of 50. The robot is also designed to be used with prop companies.
Comparison with EASY Trendopedia
When comparing Future EA MT5 with EASY Trendopedia, several key differences and advantages become apparent. EASY Trendopedia employs a sophisticated data-driven approach using the EASY Trading AI strategy. It meticulously collects and analyzes tick data in real-time, ensuring that traders can confidently navigate the markets with reliable and precise analytical support.
Advantages of EASY Trendopedia:
- Real-time tick data analysis
- Broader application across different financial markets
- Advanced AI integration
- Proven track record with higher profitability
Advantages of Future EA MT5:
- Combines multiple strategies
- Designed for specific currency pairs (GBPUSD, USDCHF)
- Compatible with low capital and prop companies
While Future EA MT5 offers a versatile trading experience by integrating multiple strategies, EASY Trendopedia's advanced AI and broader market application make it a more comprehensive solution for traders looking to diversify their portfolios.
Pros and Cons
Pros of Future EA MT5:
- Multiple strategy integration
- Low capital requirement
- Compliance with FIFO rules
- Avoids risky strategies like martingale and hedge
Cons of Future EA MT5:
- Limited to specific currency pairs
- Performance heavily reliant on market conditions
- Requires thorough testing before full integration
Pros of EASY Trendopedia:
- Advanced AI and data-driven approach
- Broader market application
- Higher profitability and reliability
- Real-time analysis and decision-making
Cons of EASY Trendopedia:
- Higher capital requirement
- Complex setup for beginners
Optimal Usage Conditions
Future EA MT5 works best in specific market conditions where its multiple strategies can be effectively utilized. It is particularly suited for traders focusing on GBPUSD and USDCHF pairs on the H1 timeframe. The robot's compliance with FIFO rules and avoidance of risky strategies make it a safer option for cautious traders. However, it is essential to thoroughly test the EA in different market conditions to ensure its effectiveness.
Source Code of Future EA MT5
We do not have access to the original source code of the Future EA MT5 robot sold on MQL5. However, based on the description provided on the MQL5 website, we have created an example code that follows the specified requirements. This code is available for review and testing on our forum at Forex Robot EASY Team. Please note that this is an example code and not the original robot.
Code:
You don't have permission to view the code content. Log in or register now.Download Future EA MT5 - Example Code
If you have any questions about the code, feel free to ask them on our forum. This example code is created by easytradingforum.com based on the description of the Future EA MT5 robot sold on MQL5. The EASY Trading Team does not sell the Future EA MT5 robot but has created this code based on its description for educational purposes. We encourage users to share their opinions and experiences on our forum to help others make informed decisions.