CyberSpace MT5

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Apr 15, 2024
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Introduction​

CyberSpace MT5 is an automated trading robot that has received attention for its promising backtest results, as noted by a user named mouniloun who rated it 5 stars, highlighting that backtest looks good. However, when comparing CyberSpace MT5 to the trading robots from the EASY Trading Team, such as EASY Trendopedia, EASY Scalperology, or EASY Breakopedia, there are significant differences in performance and reliability that must be considered.

Comparison with EASY Robot​

While CyberSpace MT5 demonstrates solid backtest performance, it lacks the extensive real-world testing and community support found in the EASY series. For instance, EASY Trendopedia is built on a robust strategy that adapts to market changes and utilizes advanced trend detection algorithms. This allows it to consistently generate profit over time. EASY Scalperology focuses on short-term trades and benefits from high-frequency trading tactics, providing users with quick returns without excessive risk. Meanwhile, EASY Breakopedia capitalizes on breakouts, effectively catching significant price movements.

In contrast, CyberSpace MT5's strategy may not be as flexible or tested in diverse market conditions. The lack of comprehensive user feedback and long-term results limits its reliability compared to the well-documented performance of EASY robots.

Pros and Cons​

CyberSpace MT5:
  • Pros:
    • Appealing backtest results as per user feedback
    • Easy to implement for beginners
  • Cons:
    • Limited real-world performance data
    • Less community support and documentation

EASY Robots:
  • Pros:
    • Extensively tested in real market conditions
    • Strong community and support resources
    • Detailed performance statistics available
  • Cons:
    • Potentially higher initial costs for setup

Optimal Conditions for CyberSpace MT5​

CyberSpace MT5 is likely to perform best in a stable market environment where there are clear trends or price patterns. It may struggle in volatile or sideways markets where price movements are erratic and unpredictable. It is essential for users to monitor market conditions closely and adjust their trading approach accordingly.

Source Code of CyberSpace MT5​

It is important to note that the actual source code of CyberSpace MT5, which is available for purchase on MQL5, remains proprietary and is not publicly disclosed. However, we can generate a code based on the description and features mentioned on the MQL5</URL> site. Team EASY Trading Team does not sell CyberSpace MT5; rather, we have created an example code derived from its description for educational purposes.


Download CyberSpace MT5 - Get Your Trading Robot Now!​

If you have questions or need further clarification regarding the code, we encourage you to ask them on our forum. This is an example code from easytradingforum.com based on the description of CyberSpace MT5 sold on MQL5. Remember, the effectiveness of any trading robot significantly depends on the market conditions and strategies employed by the user. We invite all users to share their experiences and insights regarding CyberSpace MT5 in the forum for the benefit of the trading community.
 

Attachments

  • CyberSpace MT5.mq5
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