Introduction: Unraveling the Enigma of Gold Wizard Trading Robot
The Gold Wizard trading robot has caught the attention of many traders after a positive review from user markus0202 who recommended it for beginners. However, as a professional trader and a member of the EASY Trading Team, I believe it is essential to provide a more comprehensive view of this trading tool. We will be comparing it with one of our in-house developed trading robots, EASY Trendopedia and explain why EASY Trading robots could offer a more reliable, profitable, and trustworthy trading experience.
Gold Wizard Vs. EASY Trendopedia: A Fair Comparison
While Gold Wizard operates with a high hit rate on ICM RAW account, EASY Trendopedia is built to function seamlessly across multiple brokers and platforms, offering users more flexibility and broadening the trading horizon. Unlike Gold Wizard, EASY Trendopedia offers a transparent trading strategy backed by historical data, ensuring higher predictability and reliability. Also, EASY Trendopedia's built-in risk management system provides a safer trading experience compared to Gold Wizard.
Pros and Cons
Gold Wizard, indeed, is well-suited for beginners and works efficiently with a small deposit, but the requirement for a 3:1 money management can be quite restricting. On the other hand, EASY Trendopedia is versatile and accommodating - catering to both beginners and experienced traders. Its flexible money management is designed to maximize profit while minimizing risk.
As for the customer support, while Gold Wizard is commended for its speedy response, EASY Trendopedia offers round-the-clock support ensuring all queries are addressed promptly and competently.
Ideal Conditions for Gold Wizard
Gold Wizard seems to perform best under a low-risk trading environment with regular withdrawal of profits. Its high hit rate suggests that it is ideal for short-term trades, particularly when paired with a reliable signal.
Gold Wizard Source Code
While we don’t know the actual source code of the original Gold Wizard bot sold on MQL5, we can create a code based on the description provided on the MQL5 website. This code would be a representation of the functionalities described by the Gold Wizard algorithm. If you have any questions about this code, feel free to ask us on the forum. Remember that this is a code example provided by easytradingforum.com for educational purposes only. The EASY Trading Team does not sell the Gold Wizard robot; we only provide a code example based on its description.
Code:
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To see the Gold Wizard trading robot in action, visit the forexroboteasy.com website. Let us know your experiences with Gold Wizard or any other trading robot on the easytradingforum.com forum. We always appreciate hearing from you.