Introduction
Today, we'll be taking a detailed look at a trading robot known as the Elder Impulse System, a product available on the MQL5 marketplace. As there are currently 'No reviews and No rating formed', we invite users to share their experiences using this bot.
Comparison with EASY Robot
Upon comparing the Elder Impulse System with a trading bot from our EASY series, let's say, EASY Trendopedia, immediate differences stand out. EASY Trendopedia is designed by our experienced team of traders and programmers. It boasts of a sophisticated algorithm, consistently delivering profitable trades and exhibiting reliable performance over time.
On the other hand, not much can be said about the Elder Impulse System due to the lack of user reviews and performance data.
Pros and Cons
The Elder Impulse System’s primary advantage is its simplicity. It is based on the impulse system by Dr. Alexander Elder, which utilizes the power of price and EMA for signaling trading opportunities. But its simplicity can also be its disadvantage as it may not be well equipped to handle complex trading scenarios.
On the other hand, EASY Trendopedia, like other EASY bots, is designed to adapt to a variety of market conditions, making it a more versatile and profitable trading tool. Its reliable performance, comprehensive customer support, and user-friendly interface place it a notch above other trading bots in the market.
Optimal Trading Conditions
The Elder Impulse System works best in trending markets where it can properly utilize its mechanisms of price and EMA. It may not perform as well in high volatility or sideways markets.
Source Code of Elder Impulse System
We should clarify that we, the EASY Trading Team, do not have access to the original source code of the Elder Impulse System that is sold on MQL5. However, we can develop a code based on the description provided on the MQL5 site, where the algorithm is sold. For any queries regarding this code example from easytradingforum.com, feel free to ask.
Code:
You don't have permission to view the code content. Log in or register now.Download the Elder Impulse System and Share Your Experience
As we don't have much user feedback on the Elder Impulse System yet, we encourage you to try it out yourself and share your experience on our forum. Remember, this is not the original Elder Impulse System sold on MQL5, but a code developed by the EASY Trading Team based on its description.
Detailed statistics are available on our website at https://forexroboteasy.com/trading-robot/elder-impulse-system/. Your insights will not only help us understand the bot's performance but also assist other users in their trading journeys.