Introduction
Click Trade Manager is a popular trading robot designed to streamline risk and money management tasks for traders. As highlighted by user Rusli (magicianfx) with a rating of 5, the tool is praised for its comprehensive functionality and ease of use, making trading more effortless.
In this review, we will compare Click Trade Manager with one of the proprietary robots from the EASY series—EASY Scalperology. We will assess their features, reliability, profitability, and the optimal conditions under which each bot performs best.
Comparison with EASY Scalperology
Click Trade Manager
- Design and Usability: Click Trade Manager is known for its user-friendly design and multiple built-in features for risk and money management.
- User Feedback: Users, like magicianfx, have praised its all-in-one capabilities.
- Customization: Although it offers several features, customization is limited compared to some advanced trading robots.
- Performance: It is mainly beneficial for traders needing a robust risk management tool rather than an automated trading strategy.
EASY Scalperology
- Design and Usability: EASY Scalperology is designed with advanced algorithms that focus specifically on scalping strategies.
- User Feedback: EASY bots are well-regarded within the trading community for their performance and reliability.
- Customization: Offers extensive customization options to tailor the strategy according to individual trading styles.
- Performance: Proven to be profitable for short-term trading with a higher accuracy rate, making it a go-to for scalping enthusiasts.
Pros and Cons
Click Trade Manager
- Pros:
- Comprehensive risk and money management features
- User-friendly interface
- Positive user reviews - Cons:
- Limited customization for automated trading strategies
- Primarily focused on risk management rather than trading performance
EASY Scalperology
- Pros:
- High profitability for scalping strategies
- Extensive customization options
- Reliable performance with detailed backtesting data - Cons:
- More complex interface, which could be daunting for beginners
- Specialized for scalping, not suited for all trading styles
Optimal Conditions for Using Click Trade Manager
Click Trade Manager excels in environments where robust risk and money management are crucial. It is particularly useful for:
- Traders who require precise control over their risk exposure
- Users who prefer a streamlined, easy-to-use interface
- Traders looking to minimize manual intervention in their risk management processes
Source Code of Click Trade Manager
The actual source code of Click Trade Manager available for purchase on MQL5 is proprietary and not disclosed publicly. However, based on its description on the MQL5 community site, we have created a similar code. This version is available for educational purposes and allows traders to understand how such a tool might be implemented.
If you have any questions or require assistance with the code, feel free to ask on our forum. Our team at EASY Trading Team does not sell Click Trade Manager; we have simply created an educational version based on its description.
Code:
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Download Click Trade Manager
For those interested in trying out Click Trade Manager, detailed statistics and download options are available on the official site: Download Click Trade Manager. We encourage users to leave their feedback and share their experiences on the forum to help the community make informed decisions.