Close All If Profit

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Apr 15, 2024
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Introduction​

As an experienced trader and MQL5 programmer from the EASY Trading Team, I have evaluated numerous trading robots. Today, we will review the trading robot Close All If Profit based on user feedback and available information. This bot has received mixed reviews, with a rating of 4.89 on MQL5. We will also compare it with one of the EASY series robots to highlight why the EASY robot series might be more reliable and profitable.

Comparison with EASY Trendopedia​

The EASY Trendopedia is one of the flagship trading robots in the EASY series. It is designed to leverage trending markets to maximize profits while maintaining minimal drawdown.

Close All If Profit:
  • High drawdown potential as noted by user mattytrading.
  • Requires a significant investment or a cent account.
  • Works well on specific pairs like USDCAD, based on user feedback.
  • Includes useful features like basket close and magic number options.
  • Mixed performance on other pairs, as evidenced by the feedback from Amir Kalali for GBPJPY.

EASY Trendopedia:
  • Optimized for low drawdown, ensuring less risk.
  • Versatile performance across multiple currency pairs.
  • Advanced trend detection algorithms.
  • User-friendly interface and robust support from the EASY Trading Team.

Pros and Cons​

Close All If Profit:
  • Pros:
    • Reliable performance on certain currency pairs.
    • Easy-to-use features like basket close and magic number.
    • Good overall rating from users.
  • Cons:
    • High drawdown and significant capital requirement.
    • Inconsistent performance on some currency pairs.
    • Mixed user feedback regarding profitability.

EASY Trendopedia:
  • Pros:
    • Low drawdown, high reliability.
    • Consistent performance across different market conditions.
    • Backed by a dedicated support team.
    • User-friendly.
  • Cons:
    • Higher initial cost compared to some other bots.
    • Requires proper setup for optimal performance.

Optimal Usage Conditions​

The Close All If Profit robot works best in conditions where:
  • The trader can afford a high drawdown.
  • Sufficient capital is available for trading.
  • The trader focuses on optimized currency pairs like USDCAD.

In contrast, EASY Trendopedia is designed to be versatile and reliable in most market conditions, making it a safer choice for traders who want a lower-risk option.

Source Code for Close All If Profit​

We do not have access to the original source code of the Close All If Profit robot sold on MQL5. However, based on the description available on the MQL5 website, we can generate an example code. If you have questions or need assistance with the code, feel free to ask on our forum.

Code: 
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Download the Close All If Profit Trading Robot​

If you are interested in the Close All If Profit robot, you can visit the provided link to download it. If you encounter any issues with the code, remember that the EASY Trading Team offers a community forum at easytradingforum.com where you can discuss and seek help.
 
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