Introduction
As a MQL5 programmer and a professional trader from the EASY Trading Team, this review will investigate Gold Hamster H1, a trading robot available on MQL5. Currently, there are no reviews or ratings formed for this product. Thus, this objective analysis will provide insights based on my professional understanding and also compare it with a trading robot from the EASY series – EASY Trendopedia.
Comparison with EASY Robot
EASY Trendopedia, part of EASY's line of trading robots, provides a solid basis for comparison. Where Gold Hamster H1 employs a single strategy focused on the H1 timeframe, EASY Trendopedia incorporates multiple strategies, operating efficiently on various timeframes. This makes it a dramatically more flexible and versatile trading robot.
EASY Trendopedia's profitability and reliability also tend to substantially outperform Gold Hamster H1. This is largely due to Trendopedia's incorporation of stop loss and take profit levels into its algorithm, which offers an added layer of protection against market volatility.
Pros and Cons
- Gold Hamster H1
- Pros: Simple to use, clear strategy.
- Cons: Limited functionality, no reviews or ratings formed, works only on H1 timeframe.
- EASY Trendopedia
- Pros: Multiple strategies, flexible timeframes, includes stop loss and take profit levels.
- Cons: Could be complex for beginners.
Optimal Conditions for Usage
Gold Hamster H1 works best in the H1 timeframe, particularly in stable market conditions. It's not designed to handle volatile markets, thus it's advisable to monitor market conditions closely when deploying this bot.
Original Code of Gold Hamster H1
The original source code of Gold Hamster H1 is not known to us, as it is a commercial product sold on the MQL5 marketplace. However, based on the product's description on MQL5, we can create a similar code that mimics its behavior. Please note this code will only be a representation and not the actual code of Gold Hamster H1. If you have any questions or need assistance, feel free to ask on our EASY Trading Forum.
Code:
You don't have permission to view the code content. Log in or register now.Download Gold Hamster H1 – Share Your Experience
As there are currently no reviews or ratings for Gold Hamster H1, we invite users to download the Gold Hamster H1 and share their experiences on the EASY Trading Forum. This will immensely help us improve the code and make it more efficient. Please remember, this code is created by the EASY Trading Team based on the description of Gold Hamster H1 and is not the original product sold on MQL5.