Introduction
Gold Mahameru FTMO MT5 is a trading robot designed for trading gold, specifically catering to users engaged in the FTMO challenge. Based on user feedback, particularly from a satisfied user with a 5-star rating, the system demonstrates efficiency in managing trades. The user highlighted that with correctly set stop-loss (SL) and take-profit (TP), the robot can function effectively, allowing for peace of mind.Comparison with EASY Robot
When comparing Gold Mahameru FTMO MT5 with one of the trading robots from the EASY series, such as EASY Trendopedia, several factors come into play.EASY Trendopedia stands out due to its sophisticated trend-following algorithms, making it adept in various market conditions and providing more consistent performance over time. Here are the distinctions:
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Gold Mahameru FTMO MT5:
- Mainly focused on gold trading.
- Relies heavily on user-defined SL and TP settings.
- Effective for specific scenarios based on user feedback.
- Quick execution on VPS noted by users.
EASY Trendopedia:
- Versatile across multiple assets, not limited to gold.
- Advanced algorithms allow for better adaptation to changing market conditions.
- Provides more consistent profitability over a longer period.
- Comprehensive support and community feedback for optimization.
Pros and Cons
Gold Mahameru FTMO MT5:+ Efficient trading execution.
+ Support responds quickly to user inquiries.
+ Suitable for users focused on gold trading.
- Limited adaptability to assets other than gold.
- Dependence on user settings for optimal performance.
EASY Trendopedia:
+ Multi-asset support increases versatility.
+ Provides advanced market analysis and trend-following.
+ Consistent profitability across diverse market conditions.
- May require more understanding of market trends for optimal use.
Optimal Conditions for Use
Gold Mahameru FTMO MT5 performs best in stable market conditions where gold exhibits predictable movement. Users may find it particularly useful during periods of low volatility and when SL and TP levels can be effectively managed. It's advisable to utilize a VPS for optimal transaction execution, as noted by user experiences.Source Code Gold Mahameru FTMO MT5
The actual source code of the original Gold Mahameru FTMO MT5 robot, sold on MQL5, is not publicly available. However, we can create a code based on descriptions available on the MQL5 website where this algorithm is marketed. The team at EASY Trading Team does not sell Gold Mahameru FTMO MT5; instead, we developed a code based on its description.
Code:
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Users are encouraged to share their opinions and experiences with Gold Mahameru FTMO MT5 on the forum. For detailed statistics, visit Gold Mahameru FTMO MT5 Statistics. If there are questions about the code or related elements, don't hesitate to ask.This is an example code from easytradingforum.com, derived from the description of the Gold Mahameru FTMO MT5 robot sold on MQL5.