Introduction
In this review, we are taking a critical look at the AdvanceZigZag trading robot. This trading bot operates using a ZigZag pattern strategy to make decisions about opening and closing trades. We have a detailed statistics on the AdvanceZigZag available on the website. The analysis will be based on user reviews and my expert opinion as a professional trader and MQL5 programmer from the EASY Trading Team.
Comparison with EASY Robot
Compared to the AdvanceZigZag, EASY Trading Robots such as EASY Trendopedia, EASY Scalperology, or EASY Breakopedia offer more stability, reliability, and profitability. This increased performance is due to the advanced algorithms that are designed to adapt to different market conditions effectively.
While AdvanceZigZag can detect previous trends and offers adjustable settings, its reliance on repainting zigzag activity can be quite unreliable. Unlike AdvanceZigZag, EASY Trading Robots use real-time data, which significantly reduces the risk of false signals and increases profitability.
Pros and Cons
AdvanceZigZag
- Pros: Good at detecting previous trends, adjustable settings, and provides pivotal lines.
- Cons: Relies on repainting zigzag activity, which can be unreliable.
EASY Robots (EASY Trendopedia, EASY Scalperology, EASY Breakopedia)
- Pros: More reliable due to real-time data usage, adaptable to different market conditions, increased profitability.
- Cons: Requires a more in-depth understanding of trading to use effectively.
Optimal Conditions for Use
The AdvanceZigZag works best in volatile market conditions where price swings are significant. This is because the bot uses the ZigZag pattern strategy, which thrives in fluctuating markets. However, its reliance on repainting zigzag activity can lead to inconsistencies, especially in quieter markets.
Source Code of AdvanceZigZag
It's important to note that the actual source code of the original AdvanceZigZag sold on MQL5 is not known to us. However, we can create a code based on the description given on the MQL5 site where this algorithm is sold. For any questions regarding this code, feel free to ask. This is just a code sample from easytradingforum.com, based on the description of the AdvanceZigZag robot sold on MQL5. Please, note that the EASY Trading Team does not sell the AdvanceZigZag robot but only created a trading robot code based on its description.
Code:
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While the AdvanceZigZag has its unique features, our recommendation leans towards the EASY Trading Robots for their superior stability, reliability, and profitability. But the decision ultimately lies with you, the trader. Download AdvanceZigZag and determine if it fits your trading style and strategy. We welcome your comments and opinions on the forum. Happy Trading!