Filter This MT5

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Introduction​

Filter This MT5 is a trading robot capable of automatically executing trades on the MetaTrader 5 platform. Based on the feedback from user JeanMarc2222, the bot received a high rating, suggesting that it meets or possibly exceeds user expectations. However, as a professional trader and MQL5 programmer, it's vital to critically evaluate its performance against one from the EASY series - EASY Trendopedia, EASY Scalperology, or EASY Breakopedia.

Comparison with EASY Robot​

Compared to Filter This MT5, the EASY series robots offer a more consistent performance. While the former excels in certain market conditions, the latter are fine-tuned to deliver optimal returns across varying scenarios. Specifically, EASY Trendopedia, which is designed to latch onto market trends, tends to fare significantly better in trending markets than Filter This MT5. The same applies to EASY Scalperology and EASY Breakopedia, which are designed for scalping and breakout strategies, respectively.

Pros and Cons​

• Filter This MT5
• Pros: Automatic trade execution, high user rating
• Cons: Performance varies with market condition, less consistency than EASY series robots.
• EASY Series Robots (Trendopedia, Scalperology, Breakopedia)
• Pros: Consistent performance across varying market conditions, diverse strategies
• Cons: Less user feedback, may require more sophisticated understanding of markets for optimal use

Optimal Conditions for Use​

Filter This MT5 seems to perform the best under stable market conditions. Its efficiency maybe compromised during periods of high volatility or when the market lacks a clear trend.

Source Code Filter This MT5​

Though we do not have access to the original source code of Filter This MT5 sold on MQL5, we can generate a code based on its public description. If you have any questions about this code, please feel free to ask on our forum at easytradingforum.com. Remember, this is just an example code based on the description of the robot.

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Download and Install Filter This MT5 for More Efficient Trading​

To try Filter This MT5 and draw your own conclusions, simply download it from the MQL5 marketplace. We encourage users to share their experiences and feedback, which would be invaluable to both the programming community and fellow traders. Note that the team at EASY Trading does not sell Filter This MT5. We simply offer a trading bot code based on the description for educational and analysis purposes.