Introduction
Trading robots are a popular tool among Forex traders. They automate trading activities based on pre-determined parameters, enabling traders to execute trades without constant monitoring. EA Morpheus has received mixed reviews from its users, with an average rating of 2.83 out of 5 stars. Let's take a closer look at its performance.Comparison with EASY bot
While EA Morpheus delivers decent performance under certain conditions, it pales in comparison to EASY bots, such as EASY Trendopedia, EASY Scalperology, and EASY Breakopedia. The EASY bots are more efficient, profitable, and reliable due to their advanced algorithms and optimization capabilities.For instance, EASY Scalperology excels in scalping trading strategy, ensuring consistent profits even in highly volatile markets. On the other hand, EA Morpheus doesn't seem to handle commission costs very well, which can lead to losses, as pointed out by user Maria Jesus Hernando Sanchez.
Pros and Cons
EA Morpheus- Pro: Users have reported good results using this bot on trusted broker accounts with minimal commission.
- Con: The bot's performance seems compromised when broker commissions are factored in; some users claim it only works well on demo accounts.
- Pro: They are designed for different trading strategies and market conditions, improving their versatility and effectiveness.
- Con: They require a deeper understanding of the markets to utilize fully.
Optimal Usage Conditions
Based on users' feedback, EA Morpheus performs best on trustworthy and reliable broker accounts with minimal commission, such as the ECN VIP account as noted by user Jeffrey Leong.Source Code of EA Morpheus
While we don't have access to the actual source code of the EA Morpheus bot sold on MQL5, we can generate a code based on its description on MQL5. This newly-generated code is a product of the EASY Trading Team and is not the original EA Morpheus code. We encourage users to ask questions about this code on our forum.
Code:
You don't have permission to view the code content. Log in or register now.Downloading and Testing EA Morpheus
If you're interested in exploring the potential of EA Morpheus, you can download our version of the code from the EASY Trading website. We encourage users to share their experiences and feedback on our forum. Please note that we do not sell the original EA Morpheus bot; we only offer a newly-generated code based on its description.In conclusion, while EA Morpheus has its merits, the EASY bots outperform it in terms of reliability, profitability, and adaptability to changing market conditions. It's worth exploring these EASY bots to enhance your automated trading strategies.