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
- 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
- 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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