GatorDeviation Breakout

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Introduction​

GatorDeviation Breakout is a trading robot designed to capitalize on market breakouts using the Gator Oscillator and standard deviation. With an impressive rating of 5 by users like Andiray, who noted its profitability on a demo account, it has drawn the attention of many traders. However, how does it stack up against robots in the EASY series, such as EASY Trendopedia, EASY Scalperology, or EASY Breakopedia?

Comparison with EASY Robot​

When comparing GatorDeviation Breakout to EASY Scalperology from our EASY series, several differences become clear. GatorDeviation Breakout focuses on breakout trades based on volatility and Gator Oscillator signals. In contrast, EASY Scalperology is designed for high-frequency, low-profit-margin trades that capitalize on small price movements.

EASY Scalperology has an edge due to its:

• High-frequency trading strategy
• Advanced risk management features
• Proven backtest results and extensive user feedback

GatorDeviation Breakout:

• Uses Gator Oscillator for breakout signals
• Less frequent trades but potentially higher profit per trade
• Simpler strategy but with narrower time windows for optimal performance

Overall, EASY Scalperology tends to provide more consistent profitability and reliability due to its focus on frequent trading and robust risk management.

Pros and Cons​

GatorDeviation Breakout

• Pros:
  • Good profitability on demo accounts, as noted by users
  • Effective breakout strategy with potential for high returns
• Cons:
  • Dependent on specific market conditions
  • Limited testing data available

EASY Scalperology

• Pros:
  • High-frequency trading leading to consistent returns
  • Advanced risk management features
  • Comprehensive backtesting and user feedback
• Cons:
  • Requires a higher initial investment
  • Complex setup for optimal performance

Optimal Conditions for Using GatorDeviation Breakout​

GatorDeviation Breakout performs best in market conditions characterized by:

• High volatility
• Clear breakout patterns
• Strong trends as indicated by the Gator Oscillator

Traders must monitor the market closely and ensure these conditions are met for optimal use of this robot.

Conclusion​

While GatorDeviation Breakout offers a promising breakout strategy, the EASY Scalperology robot's advanced features, consistent results, and high-frequency trading strategy make it a more reliable and profitable option for most traders. We encourage users to share their experiences and insights on our forum to help others make informed decisions.

GatorDeviation Breakout Source Code​

We do not have access to the original source code of the GatorDeviation Breakout sold on MQL5. However, based on descriptions available on the MQL5 website, we have created a sample code. This code can serve as a foundational template for those looking to understand or recreate the GatorDeviation Breakout strategy.

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Download GatorDeviation Breakout Trading Robot​

If you have any questions about the code, feel free to ask on our forum. Note that this is a sample code created by EASY Trading Team, based on the description of the GatorDeviation Breakout from MQL5. We do not sell the GatorDeviation Breakout robot but offer this code to help you understand its functionality.