Introduction
SilverPulse AI is a trading robot developed by Babak Alamdar, designed to trade Silver (XAG) pairs such as XAGUSD, XAGEUR, and XAGAUD. This EA leverages technical, fundamental, and sentimental analysis to identify profitable trading opportunities. With a rating of 4.4 and positive user feedback, it has gained attention in the trading community. However, how does it stack up against the EASY Bot series, particularly EASY Trendopedia?
Comparison with EASY Trendopedia
EASY Trendopedia, developed by the EASY Trading Team, is a robust trading robot that focuses on trend-following strategies. Unlike SilverPulse AI, which is specialized in Silver trading, EASY Trendopedia can be applied to a variety of currency pairs, making it more versatile.
Advantages of EASY Trendopedia:
- Versatility: Can be used with multiple currency pairs.
- Advanced trend-following algorithms.
- Lower risk due to diversified trading.
- Comprehensive user interface and support.
Advantages of SilverPulse AI:
- Specialized in Silver trading.
- Combines technical, fundamental, and sentimental analysis.
- No use of risky strategies like Martingale.
- Positive user feedback and high profitability.
Disadvantages of EASY Trendopedia:
- May require more initial setup.
- Less specialized in commodity trading.
Disadvantages of SilverPulse AI:
- Limited to Silver pairs.
- Occasional performance discrepancies reported by users.
Pros and Cons
Pros of SilverPulse AI:
- High profitability as reported by users.
- Safe trading without Martingale or grid strategies.
- Suitable for both novice and professional traders.
Cons of SilverPulse AI:
- Limited to trading Silver pairs.
- Some users reported occasional performance issues.
Optimal Conditions for Use
SilverPulse AI works best in stable market conditions where Silver prices are influenced by clear technical, fundamental, and sentimental factors. It is particularly effective during periods of significant market news that impact Silver prices. Users should ensure they have a minimum account balance of $100 for brokers with a contract size of 1000 and $500 for brokers with a contract size of 5000.
Conclusion
SilverPulse AI is a specialized and profitable trading robot for those interested in Silver trading. While it has its limitations, such as being restricted to Silver pairs, its high profitability and safety make it a valuable tool for traders. Compared to EASY Trendopedia, it offers a more focused approach but lacks versatility.
Source Code of SilverPulse AI
We do not have access to the original source code of SilverPulse AI sold on MQL5. However, based on its description, we have created a sample code that mimics its functionalities. This code is available for review and modification on our forum at easytradingforum.com. Note that this is a sample code and not the original robot.
Code:
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If you have any questions about the code, feel free to ask on our forum. The EASY Trading Team does not sell SilverPulse AI but has created a sample trading robot based on its description. Share your thoughts and experiences with us to help improve our community.