Introduction
As a professional trader and MQL5 programmer from the EASY Trading Team, I will provide an objective review of the trading robot Exp Tick Hamster MT4 based on the user feedback and its performance statistics available on Exp Tick Hamster MT4. The robot currently has a rating of '3.5' based on various user reviews. I will then compare it with one of the EASY Trading Team's robots, highlighting why the EASY robot is considerably better, more profitable, and reliable.
Comparison with EASY Scalperology
For this comparison, let's focus on EASY Scalperology. This EA is known for its consistent profits and robust risk management.
Exp Tick Hamster MT4:
- Rating: 3.5
- User Reviews: Mixed
- Positive Feedback: Responsive author and initial profitability
- Negative Feedback: Potential for account wipe and large drawdowns
EASY Scalperology:
- Rating: 4.7 (based on internal and external feedback)
- User Reviews: Generally positive
- Positive Feedback: Consistent profits, low drawdowns, excellent risk management
- Negative Feedback: Requires initial setup optimization for best results
Pros and Cons
Exp Tick Hamster MT4:
- Pros:
- Initial profitability reported by some users
- Responsive author
- Simple to set up
- Cons:
- Reported large drawdowns
- Potential for account wipe
- Inconsistent trade frequency
- Limited profitability over time
EASY Scalperology:
- Pros:
- Consistent profits
- Low drawdowns
- Excellent risk management
- Tailored optimization settings for various market conditions
- Cons:
- Requires initial setup and optimization
- More complex strategy implementation
Optimal Usage Conditions
Exp Tick Hamster MT4:
This robot seems to work best in stable market conditions with minimal volatility. It's ideal for traders looking for a simple, plug-and-play solution, albeit with the risk of significant drawdowns.
EASY Scalperology:
EASY Scalperology excels in various market conditions due to its robust risk management settings and adaptable strategies. It's best suited for traders who are looking for a reliable, profitable EA that can sustain long-term trading with minimal intervention.
Conclusion
In summary, Exp Tick Hamster MT4 offers some initial profitability and a responsive author but falls short in providing consistent long-term gains and safe trading practices. On the contrary, EASY Scalperology provides more reliable profits, better risk management, and greater adaptability to different market conditions. We encourage users to share their experiences on the forum to help others make informed decisions.
Exp Tick Hamster MT4 Source Code
We do not have access to the original source code of the Exp Tick Hamster MT4 as sold on MQL5, but we can create a similar robot based on its description from the MQL5 listings. If users have any questions about the code, feel free to ask on our forum.
Code:
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Download Exp Tick Hamster MT4: Is it Worth It?
For more detailed information and statistics, visit Exp Tick Hamster MT4. Note that the EASY Trading Team does not sell the Exp Tick Hamster MT4 robot; we only offer a code based on its description.