Introduction
In this review, we will examine the trading robot Candle Confirmation Pattern by Yashar Seyyedin, taking into account user feedback and comparing it to one of the EASY Trading Team's robots, EASY Scalperology. We aim to provide an unbiased and professional analysis to help traders make an informed decision.
Comparison with EASY Scalperology
Comparing Candle Confirmation Pattern with EASY Scalperology:
Candle Confirmation Pattern:
- Detects price reversals effectively.
- Offers quick entry detection, as mentioned by user Jerrycuellar.
- Overall rating of 4 stars.
EASY Scalperology:
- Uses advanced scalping techniques.
- Provides consistent and reliable performance.
- Highly customizable settings for different market conditions.
- Extensive backtesting records with proven profitability.
- Offers ongoing support and updates from the EASY Trading Team.
While Candle Confirmation Pattern is praised for its ability to quickly detect price reversals, EASY Scalperology stands out due to its advanced scalping methodologies, proven track record, and continuous support.
Pros and Cons
Candle Confirmation Pattern:
- Pros:
- Effective in detecting price reversals.
- Easy to use for immediate entry detection.
- Cons:
- Limited customizability.
- Less extensive backtesting data.
- Lower overall user rating compared to EASY Scalperology.
EASY Scalperology:
- Pros:
- Advanced and reliable scalping strategies.
- Highly customizable for different trading environments.
- Extensive backtested data ensuring profitability.
- Frequent updates and support.
- Cons:
- Requires more initial setup due to its advanced features.
- May not be suitable for traders looking for a simple solution.
Optimal Conditions for Use
The Candle Confirmation Pattern by Yashar Seyyedin works best in volatile market conditions where price reversals are frequent. It is particularly useful for traders who prefer quick entries and exits based on immediate price action.
In contrast, EASY Scalperology is optimal for markets with consistent trends where scalping can be effectively applied. Its advanced algorithms and customizability make it suitable for various market conditions, ensuring broader applicability and reliability.
Source Code of Candle Confirmation Pattern by Yashar Seyyedin
The original source code for Candle Confirmation Pattern by Yashar Seyyedin is not available to the public. However, for those interested in exploring a similar algorithm, we can provide a sample code based on the description available on the MQL5 website.
If you have any questions about the code, feel free to ask on our forum easytradingforum.com. Please note, our team does not sell the Candle Confirmation Pattern robot; we only offer a code sample based on the available information.
Code:
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If you are interested in downloading and exploring Candle Confirmation Pattern by Yashar Seyyedin, you can find more information on this page. We encourage users to share their experiences and feedback on the forum to help others make informed decisions.