Introduction
As a professional trader and MQL5 programmer from the EASY Trading Team, I'd like to provide an unbiased review of the Demand And Supply Diagram MT5 trading robot. Evaluating its performance and features based on user feedback and our expertise, I will also compare it with one of our EASY series robots: EASY Trendopedia, EASY Scalperology, or EASY Breakopedia.Comparison with EASY Robot
When comparing the Demand And Supply Diagram MT5 with our EASY Scalperology, there are several key differences to consider:EASY Scalperology
- Profitability: Designed with a focus on high-frequency trading, EASY Scalperology consistently delivers profits by leveraging market inefficiencies.
- Reliability: With rigorous backtesting and continuous updates, our robot ensures stable performance across different market conditions.
- User-friendliness: EASY Scalperology offers a customizable interface, making it accessible even for novice traders.
Demand And Supply Diagram MT5
- Profitability: While the Demand And Supply Diagram MT5 shows potential, its profitability can be inconsistent without proper configuration.
- Reliability: Some users have reported issues with the 'Auto Advance' feature, which can lead to the robot freezing and not recalculating.
- User-friendliness: The indicator requires a better understanding of supply and demand zones, which might not be suitable for all traders.
Our EASY Scalperology stands out as a more reliable and user-friendly option, providing consistent profitability and ease of use.
Pros and Cons
Demand And Supply Diagram MT5- Pros:
- Accurately identifies supply and demand zones.
- Can be integrated with existing trading strategies.
- Positive user feedback on its effectiveness when configured correctly.
- Cons:
- Issues with 'Auto Advance' feature freezing the robot.
- Requires a deeper understanding of market dynamics.
- Dependence on proper configuration for optimal performance.
EASY Scalperology
- Pros:
- High-frequency trading capability.
- Consistent and reliable performance.
- User-friendly interface.
- Cons:
- Best suited for specific market conditions.
- May require periodic updates for continuous optimization.
Optimal Conditions for Usage
The Demand And Supply Diagram MT5 performs best under the following conditions:- Trending markets where clear supply and demand zones can be identified.
- When combined with other technical indicators for comprehensive market analysis.
- With the 'Auto Advance' option checked to avoid freezing issues.
Conclusion
While the Demand And Supply Diagram MT5 is a valuable tool for identifying market zones, its reliability and ease of use fall short compared to our EASY Scalperology. For traders seeking consistent profitability and user-friendly features, the EASY series robots are a superior choice. We encourage users to share their experiences and questions on our forum to foster community learning.Source Code of Demand And Supply Diagram MT5
It's important to note that we do not have access to the original source code of the Demand And Supply Diagram MT5 sold on MQL5. However, we have developed a similar code based on its description. If you have any questions regarding this code, feel free to ask on our forum.For more details, see our example at easytradingforum.com. Our team emphasizes that we do not sell the Demand And Supply Diagram MT5 but provide an example based on its existing functionality.
Code:
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