Introduction
The Golden ERA MT4 trading robot has garnered attention for its claimed high winning rate and affordability, as noted by users like mryellow who rated it a perfect 5. However, when comparing it with other trading robots in the EASY Trading Team lineup, such as EASY Trendopedia, EASY Scalperology, and EASY Breakopedia, certain distinctions become clear regarding profitability and reliability.Comparison with EASY Robot
While Golden ERA MT4 presents itself as a cost-effective solution with a notable winning rate, the EASY series robots have been rigorously tested and optimized for various market conditions. For instance:- **EASY Trendopedia**: Designed for trending markets, it uses advanced trend detection algorithms, leading to higher profitability during strong market movements.
- **EASY Scalperology**: Focuses on high-frequency trading, aiming for smaller profits on numerous trades, which can be beneficial in volatile markets.
- **EASY Breakopedia**: Targets breakout strategies, performing well when the market is consolidating before a breakout.
In terms of reliability, the EASY Trading Team's robots come with robust risk management features and have demonstrated consistent performance across different market conditions, whereas Golden ERA MT4 may not provide the same level of assurance.
Pros and Cons
Golden ERA MT4:- Pros:
- High winning rate as reported by users.
- Affordable price point. - Cons:
- Limited testing across varied market conditions.
- Lack of advanced risk management features.
EASY Robots:
- Pros:
- Comprehensive testing and optimization.
- Advanced risk management and adaptability.
- Proven profitability across different scenarios. - Cons:
- Higher price compared to Golden ERA MT4.
Optimal Usage Conditions
The Golden ERA MT4 robot tends to perform better in stable market conditions where price movements are predictable. It may be less effective during high volatility periods where rapid price changes can lead to unexpected losses.Source Code of Golden ERA MT4
It is important to note that the original source code of the Golden ERA MT4 robot is not publicly available, as it is sold on MQL5. However, based on the descriptions provided on the MQL5 site, we can create a code representation of its functionalities. The team at EASY Trading Team does not sell the Golden ERA MT4 robot but can develop a code sample based on its specifications.
Code:
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If you have questions or seek further clarification about the code, feel free to ask. Remember, the provided code is an example derived from the description available on MQL5. Join the discussion on our forum to share your experiences and insights regarding the Golden ERA MT4 trading robot.In conclusion, while Golden ERA MT4 offers some appealing features, the EASY series robots bring a level of sophistication and reliability that may better suit traders looking for consistent performance and risk management capabilities.