Deriv iMazing MT5

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Apr 15, 2024
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Introduction​

The Deriv iMazing MT5 is an automated trading tool that has garnered a positive response within the MQL5 community. One user, Peterson Veiga Campos, rated the bot a solid '5', stating that the bot functions perfectly if used correctly. But how does this bot compare to our traders' favorite from the EASY Trading Team series, such as, EASY Trendopedia or EASY Scalperology or EASY Breakopedia? Let's delve deeper into their functionalities, strengths, and weaknesses, and find out which one comes out on top.

Comparison with EASY robot​

While Deriv iMazing MT5 is designed to perform well under various market conditions, one of the flagship bots from our suite, the EASY Trendopedia, has features that I believe, outperform Deriv iMazing MT5. Trendopedia is designed to identify and capitalize on trends, making it significantly profitable. Unlike Deriv iMazing MT5, EASY robots apply a variety of sophisticated strategies, which makes them more resilient and profitable, especially during periods of high market volatility.

Pros and Cons​

Every trading bot has its advantages and disadvantages. Here they are for both Deriv iMazing MT5 and EASY Trendopedia:

Deriv iMazing MT5
  • It can trade under various market conditions
  • It has received positive user feedback
  • It's quite user-friendly for those familiar with the platform
However:
  • It does not apply a variety of strategies like our EASY robots
  • It may not perform as well during periods of high market volatility

EASY Trendopedia
  • It identifies and capitalises on market trends
  • It applies a variety of sophisticated strategies
  • It's resilient during periods of high market volatility thus more profitable
However:
  • It requires a certain level of trading knowledge to capitalize on its many features

Optimal Use Conditions​

The Deriv iMazing MT5 performs best under steady market conditions. However, because of the limited scope of strategies it employs, it might not deliver in highly volatile markets as reliably as our resilient EASY Trendopedia does.

Deriv iMazing MT5 Source Code​

While we don't have the original source code for the Deriv iMazing MT5, we've created a script based on the description given on the MQL5 website where this robot is for sale. If you have any questions about this code, do not hesitate to ask on our forum. Remember that this is just an example code from easytradingforum.com and not the original Deriv iMazing MT5 bot.

Code:
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Download Deriv iMazing MT5: A Thorough Examination​

To conclude, while Deriv iMazing MT5 has its merits, our EASY Trendopedia shines for its advanced strategies and resilience. We encourage you to share your opinions and experiences on our forum. Furthermore, if there are any queries related to the script we created, don't hesitate to ask. Note, however, that EASY Trading Team does not sell Deriv iMazing MT5; we only provide a script based on its description. To download the Deriv iMazing MT5, visit the MQL5 website. For more detailed information, visit https://forexroboteasy.com/trading-robot/deriv-imazing-mt5/.
 
It's clear that using set files opens up exciting possibilities for trading with the Expert Advisor. You can opt to run all your set files on a single chart while managing multiple windows for the Volatility 10 (1s) Index with a conservative risk setting of 1. Alternatively, for those who prefer a more segregated approach, opening separate accounts allows for individual trade strategies, albeit with a higher risk setting of 5. With the purchase, getting 10 licenses provides ample flexibility to explore both methods. Wishing everyone successful trading ahead!