Introduction
As a professional trader and MQL5 programmer from the EASY Trading Team, I am consistently on the lookout for effective trading tools. Today, I will provide an in-depth review of the Advanced Supply Demand MT5 robot, with a focus on user feedback and a comparison to one of our EASY series robots—EASY Scalperology. This review is based on a synthesis of user comments and available statistics.
Comparison with EASY Scalperology
Advanced Supply Demand MT5 is a sophisticated indicator that traces dynamic supply and demand zones, aiming to enhance trading decisions by identifying key market levels. However, while it has received positive feedback, it's crucial to evaluate how it stacks up against the EASY Scalperology robot.
EASY Scalperology Advantages:
- Automated trading with predefined scalping strategies.
- User-friendly interface for easy setup.
- Comprehensive backtesting results available.
- Consistent performance with a proven track record.
Advanced Supply Demand MT5 Advantages:
- Automatic tracing of dynamic supply and demand zones.
- Useful for traders who prefer manual intervention.
- Lightweight and well-built indicator.
- Positive user feedback regarding profitability.
EASY Scalperology Drawbacks:
- Mainly suited for scalping strategies, not for all trading styles.
- Requires periodic updates and optimizations.
Advanced Supply Demand MT5 Drawbacks:
- Some users encounter installation issues.
- Not fully automated, requires user intervention.
Pros and Cons
Advanced Supply Demand MT5 Pros:
- Automatically traces dynamic zones across all timeframes.
- Well-built and lightweight.
- Positive reviews about profitability.
Cons:
- Installation issues reported by some users.
- Not fully automated; user intervention is required.
- Lacks comprehensive backtesting statistics.
EASY Scalperology Pros:
- Fully automated with predefined strategies.
- Easy to set up and use.
- Proven and consistent performance.
Cons:
- Limited to scalping strategies.
- Requires regular updates.
Optimal Conditions for Usage
The Advanced Supply Demand MT5 works best in the following conditions:
- Manual traders looking to identify key market levels.
- Traders who require dynamic zone identification across multiple timeframes.
- Users comfortable with some manual intervention.
On the other hand, EASY Scalperology excels in:
- Automated scalping environments.
- Traders preferring a hands-off approach.
- Markets requiring rapid decision-making and execution.
Conclusion
While Advanced Supply Demand MT5 is a competent indicator with several user accolades, it is not without its limitations. For traders seeking fully automated, reliable, and profitable trading, EASY Scalperology presents a stronger option.
Source Code of Advanced Supply Demand MT5
It's important to note that we do not have access to the original source code of the Advanced Supply Demand MT5 sold on MQL5. However, we can create a similar code based on the description provided on the MQL5 website. If users have any questions about the code, they are welcome to ask them.
Code:
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If you have any questions or need help with the code, feel free to check out our example on easytradingforum.com. Note that the EASY Trading Team does not sell the Advanced Supply Demand MT5 robot but provides code based on its description.