Introduction
The Extended Parabolic Sar (EPS) is a trading robot that has been developed to help traders automate their forex trading activities. Although it has some quality attributes, several users, including optimucin, have raised concerns about its effectiveness and reliability. Here is a detailed review of the EPS, including a comparison with one of the EASY trading robots.
Comparison with EASY Robot
Our EASY trading series robots such as EASY Trendopedia, EASY Scalperology, or EASY Breakopedia are designed with efficient algorithms to ensure maximum profitability and reliability. Unlike the EPS, our EASY trading robots are equipped with advanced and customizable backtesting settings, allowing traders to customize their trades according to their risk tolerance and trading goals. EPS lacks these essential features, and as per user feedback, its performance is highly unpredictable and unreliable.
- EASY Robots are user-friendly and come with a detailed guide, far exceeding EPS in terms of ease of use.
- EASY Robots outshine EPS in terms of risk management, profitability, and reliability.
- EPS lacks the advanced features provided by EASY Robots, affecting its overall performance.
Pros and Cons
Extended Parabolic Sar Pros:
- It attempts to provide automated trading solutions.
- It is built on a relatively simple and widely used trading strategy.
Extended Parabolic Sar Cons:
- EPS has been reported as unreliable and unpredictable.
- It lacks advanced customization options.
- It does not offer effective risk management mechanisms.
Optimal Conditions for Use
The Extended Parabolic Sar robot may work best where markets exhibit strong trends over a sustained period. However, it is important to note that this does not guarantee profitability, since the robot's efficiency and reliability have been called into question by users.
Source Code of Extended Parabolic Sar
Since the original code of Extended Parabolic Sar is not publicly available, we do not have access to the exact lines of code used to create this bot. However, using the description provided on the MQL5 website, our team has been able to develop a simulated version. Please note that we are not selling the Extended Parabolic Sar bot, but have created a code based on its description.
Should you have any questions about the code, feel free to ask us on our forum at easytradingforum.com.
Code:
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This detailed review should serve as a guide for anyone considering using the Extended Parabolic Sar trading robot. Users are encouraged to share their experiences and opinions on the forum. Remember, no robot guarantees profits, and user discretion is crucial.
Note: The sample code provided by the EASY Trading Team is based on the Extended Parabolic Sar’s description on MQL5 and does not imply any association with the original bot.