Introduction
The Full Stochastic trading robot has garnered significant attention on MQL5, evidenced by its commendable user rating of 4.6. User feedback, such as that from Roman Iakobson and vghanem, highlights its perceived strengths and desired features. In this review, we will compare Full Stochastic with an EASY series trading robot, highlighting the advantages of EASY Trendopedia, EASY Scalperology, or EASY Breakopedia.
Comparison with EASY Trading Robot
To illustrate the superiority of the EASY series trading robots, we will compare Full Stochastic with EASY Scalperology.
Advantages of EASY Scalperology over Full Stochastic:
- EASY Scalperology is designed with advanced algorithmic strategies that adapt to various market conditions, ensuring higher profitability.
- It incorporates a broader range of technical indicators beyond just stochastic, increasing its reliability.
- Full Stochastic lacks push notifications and has limited customization options, whereas EASY Scalperology offers comprehensive alert systems and user-defined parameters.
- The EASY series robots undergo rigorous backtesting and optimization, providing verified performance statistics.
Disadvantages of Full Stochastic:
- Limited to stochastic indicators, which may not provide a holistic market analysis.
- User feedback points to the lack of crucial features like push notifications.
- Minimal guidance on optimal period settings.
Pros and Cons
Full Stochastic:
Pros:
- Simple and easy to integrate into existing trading strategies.
- Positive user feedback highlighting its effectiveness in swing trading.
Cons:
- Limited indicator scope.
- Lacks advanced alert features and customizable settings.
- No detailed documentation on optimal period settings.
EASY Scalperology:
Pros:
- Advanced and comprehensive trading algorithms.
- Extensive customization and alert features.
- Backed by rigorous backtesting and performance statistics.
- Adaptable to various market conditions.
Cons:
- May have a steeper learning curve due to advanced features.
- Potentially higher cost compared to simpler robots.
Optimal Usage Conditions
The Full Stochastic robot performs best under the following market conditions:
- Swing trading strategies that capitalize on overbought and oversold conditions.
- Markets with discernible trends where stochastic indicators can effectively signal entry and exit points.
- Traders who can manually monitor the trading signals due to the robot’s lack of push notifications.
Source Code for Full Stochastic
The exact source code for the Full Stochastic robot sold on MQL5 is not available to the public. However, based on its description on MQL5, the EASY Trading Team has created a similar code example, which can be found on easytradingforum.com. It's important to note that we, the EASY Trading Team, do not sell the Full Stochastic robot but offer a code example based on its described functionality.
Code:
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For those interested in exploring the Full Stochastic trading robot, it has shown to be a beneficial tool for swing trading strategies. However, for a more robust and versatile trading experience, the EASY series robots, such as EASY Scalperology, offer advanced features and higher reliability.
If you have any questions about the code example provided by our team, please feel free to ask on our forum. Visit our site to discover more about our trading robots and how they can enhance your trading strategies.
URL for more detailed statistics on Full Stochastic: https://forexroboteasy.com/trading-robot/full-stochastic/.