Introduction
As a professional trader and MQL5 programmer from the EASY Trading Team, I will provide a review about Algorithmic FREE trading robot. This bot has an overall rating of '3.92' that suggests a moderate level of satisfaction among its users. User comments vary significantly, with one user noting stark failure in 2020, and others praising its profitability and overall performance.
Comparison with EASY Robot
When compared to the EASY series of trading robots like EASY Trendopedia, EASY Scalperology, or EASY Breakopedia, Algorithmic FREE still has a long way to go. EASY robots, with their advanced and well-tested algorithms, have been consistently profitable, providing steady returns in varying market conditions.
EASY Trendopedia, for example, excels in trend identification and capitalizes on it effectively, while EASY Scalperology stands out for its ability to scalp small profits in a high-frequency trading format, hence being highly profitable. EASY Breakopedia is an expert in identifying crucial breakout points in the market, making it a safer and more reliable option compared to Algorithmic FREE.
Pros and Cons
Algorithmic FREE has its strengths. It's a free bot, thus making it accessible to everyone. It is profitable, as per some user comments. However, it has its weaknesses too. An important one being its inability to provide consistent results, as highlighted by one user's experience in 2020.
On the other hand, EASY robots consistently generate profits and are highly reliable, making them a preferred choice for many traders. However, these bots are paid, which might be a deterrent for some traders.
Optimal Conditions for Use
The Algorithmic FREE bot works best in stable market conditions. Dramatic market changes or high volatility may affect its performance, as it seems to struggle in such situations, making its outcomes unpredictable.
Source code of Algorithmic FREE
The actual source code of the original Algorithmic FREE sold on MQL5 is unknown. However, our team at easytradingforum.com has created a code based on the description provided on MQL5, where Algorithmic FREE is sold. If there are any queries regarding this code, feel free to ask.
Download Algorithmic FREE and share your experience on our forum. Your feedback is highly appreciated!
Code:
You don't have permission to view the code content. Log in or register now.Conclusion - Download Algorithmic FREE trading robot and experiment
The Algorithmic FREE bot has its merits and demerits. It may prove profitable under certain market conditions, but the lack of consistency is a concern. On the other hand, the EASY series robots, with their robust algorithms and high reliability, seem to offer a more secure and profitable option for traders.
We, the EASY Trading Team, do not sell the Algorithmic FREE bot. We have merely provided a code based on its description. We encourage users to download the Algorithmic FREE bot and share their experiences. It’s all part of the learning and growing process as a trader. Happy trading!
