Introduction
As a professional trader and MQL5 programmer from the EASY Trading Team, I present to you an objective overview of the trading robot AW Classic MACD EA. Based on user reviews and statistical data, we will delve into its capabilities, compare it with one of our EASY trading robots, and explore its pros and cons.
AW Classic MACD EA has garnered mixed feedback from users, earning an average rating of 3.67. Our objective here is to provide a fair comparison with our EASY Trendopedia robot, outlining why the latter stands out in terms of profitability and reliability.
Comparison with EASY Trendopedia
When evaluating AW Classic MACD EA against EASY Trendopedia, several key differences emerge:
AW Classic MACD EA
- User Ratings: 3.67
- Primary Features: Standard settings for multiple currency pairs, performance focused on higher timeframes.
- Drawdown: Some users report high drawdown, questioning its risk-reward efficiency.
- Comments: Mixed reviews; some praise its performance while others critique its riskiness and lack of specific features.
EASY Trendopedia
- User Ratings: Consistently high due to its robust performance.
- Primary Features: Advanced trend-following algorithms, adaptive to market conditions, low drawdown.
- Drawdown: Significantly lower and well-managed, ensuring a favorable risk-reward ratio.
- Comments: Praised for its reliability, ease of use, and consistent profitability.
Pros and Cons
AW Classic MACD EA – Pros
- Effective on various currency pairs, especially GBPJPY.
- Auto lot feature that can potentially maximize profits.
- Solid performance on higher timeframes.
AW Classic MACD EA – Cons
- Reports of high drawdown, which can be risky for conservative traders.
- Lacks advanced features such as time filtering and multi-timeframe analysis.
- Mixed user feedback, with some citing significant losses.
EASY Trendopedia – Pros
- Advanced trend-following capabilities.
- Low and manageable drawdown for enhanced risk management.
- Highly adaptive to market conditions, ensuring consistent profitability.
- High user satisfaction and positive feedback.
EASY Trendopedia – Cons
- Requires proper configuration for optimal performance.
- Initial learning curve due to its advanced features.
Optimal Usage Conditions
AW Classic MACD EA performs best under the following conditions:
- Trading higher timeframes for sniper entries.
- Using standard settings provided by the developer for consistent results.
- Monitoring drawdown to avoid significant losses.
However, it struggles without additional features like time filtering and multi-timeframe analysis.
Conclusion
In summary, while AW Classic MACD EA has its strengths and can be effective under specific conditions, it comes with notable drawbacks, particularly in terms of drawdown and missing advanced features. In comparison, EASY Trendopedia offers superior performance, reliability, and user satisfaction. We encourage traders to consider their risk tolerance and trading needs when choosing between these robots.
Source Code of AW Classic MACD EA
It is important to note that the original source code of AW Classic MACD EA is not publicly available. However, our team at EASY Trading Team can create a similar robot based on the description provided on MQL5. If you have any questions about the code, please feel free to ask on our forum.
Code:
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If you have any further questions or need assistance with the code, our team is here to help. Remember, the EASY Trading Team does not sell AW Classic MACD EA but offers a code based on its description provided on MQL5. Share your thoughts and experiences on our forum to help fellow traders make informed decisions.
For detailed statistics and further information, visit the official AW Classic MACD EA page at forexroboteasy.com.