Introduction
As a professional trader and MQL5 programmer from EASY Trading Team, I had the opportunity to evaluate the AS Range BreakOut trading robot. Based on user feedback, such as the comment from raffiek and the high overall rating (5 stars), this robot appears to have a positive reception. However, it’s essential to compare it with one of our EASY series robots — EASY Trendopedia, EASY Scalperology, or EASY Breakopedia — to understand its strengths and weaknesses better. By doing so, we can provide a comprehensive analysis of why EASY robots might be superior in terms of profitability and reliability.
Comparison with EASY Trading Robot
In this comparison, we'll pit AS Range BreakOut against EASY Breakopedia, a robot from our EASY series known for its efficient and reliable performance.
AS Range BreakOut:
- Focuses on identifying and trading breakouts within price ranges.
- Positive initial feedback and high user rating.
- Features are relatively basic compared to advanced competitors.
EASY Breakopedia:
- Utilizes advanced algorithms for trend identification and breakout trading.
- Known for its adaptability to various market conditions.
- Provides detailed statistics and reporting tools for better trading insights.
While AS Range BreakOut has garnered a good rating and some positive feedback, EASY Breakopedia stands out due to its sophisticated algorithms and detailed trading analytics. The comprehensive reporting and adaptability to different market conditions make EASY Breakopedia a more reliable and profitable choice.
Pros and Cons
AS Range BreakOut Pros:
- High user rating.
- Simplicity in setup and use.
- Specializes in range breakout trading which can yield high-profit trades.
AS Range BreakOut Cons:
- Limited to range breakout strategies.
- Lacks advanced analytics and reporting tools.
- Less adaptable to varying market conditions.
EASY Breakopedia Pros:
- Advanced algorithms for enhanced trading accuracy.
- Versatile and adaptable to multiple market conditions.
- Comprehensive reporting and analytics tools.
EASY Breakopedia Cons:
- Slightly more complex setup due to advanced features.
- Higher initial cost compared to basic robots.
Optimal Conditions for Using AS Range BreakOut
AS Range BreakOut performs best in markets characterized by frequent and well-defined price ranges. It is ideal for traders looking to capitalize on breakout opportunities within these ranges. Understanding the dynamics of such markets and the inherent risks associated with breakout trading is crucial for maximizing the robot’s potential.
Source Code of AS Range BreakOut
We do not possess the original source code of AS Range BreakOut sold on MQL5. However, it is possible to create a similar trading robot based on the detailed description available on the MQL5 website. If you have any questions about the code or need further assistance, feel free to ask.
Code:
You don't have permission to view the code content. Log in or register now.Download AS Range BreakOut - Click Here
For those interested in exploring this trading robot further, you can download AS Range BreakOut from the provided link. Remember, we at EASY Trading Team offer a customized code version based on the AS Range BreakOut description. Note that we do not sell the original AS Range BreakOut robot but provide an alternative code developed from its publicly available specifications.
We encourage users to share their experiences and feedback on the forum, helping us create a more robust trading community.