Introduction
In the trading world, automated trading systems hold a prominent place for their ability to streamline the trading process by reducing manual intervention. Among them, the trading robot History data loader has received much attention for its ability to execute history search in an effective manner. This review is an attempt to evaluate the functionality of History data loader in comparison with one of the EASY trading robots: EASY Trendopedia, EASY Scalperology, or EASY Breakopedia.
Comparison with EASY Robot
EASY robots are a series of trading tools designed to maximize profitability while minimizing risk. They are based on advanced algorithms and are highly customizable, making them more efficient compared to the History data loader. For instance, EASY Trendopedia operates on the principle of trend following, which maximizes the chances of making more profitable trades. The History data loader, on the other hand, focuses more on the process of retrieving historical data, which while valuable, doesn't directly impact trading performance.
Pros and Cons
History data loader:
- Pros: Efficient history search, extensive data retrieval, and fast operation.
- Cons: Doesn't directly contribute to trading decisions, lacks advanced functionality.
- Pros: Utilizes advanced algorithms, maximizes profitability, highly customizable.
- Cons: Might require a learning curve for new traders, slightly higher investment.
Optimal Conditions for Usage
The History data loader works best when used for backtesting trading strategies where large volumes of historical data are required. Its efficient and fast operation can help traders save time and effort in data retrieval. However, for actual trades, EASY robots like Trendopedia are more suitable because of their advanced algorithms and customizable settings that allow traders to adapt to different market conditions.
Source Code of History data loader
While we don't have the actual source code of the original robot sold on MQL5, we can generate a code based on its description on MQL5. If you have any questions regarding the code, feel free to ask them. Bear in mind, this is a code sample from easytradingforum.com, based on the description of the History data loader sold on MQL5. The EASY Trading Team does not sell the History data loader robot but has created a trading robot code based on its description.
Code:
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In conclusion, while the History data loader is an effective tool for retrieving data, it may not directly contribute to successful trades. Therefore, for traders looking for more comprehensive trading tools, EASY robots such as Trendopedia, Scalperology, or Breakopedia, are a more viable option. These robots, with their advanced algorithms and customizable settings, not only aid in making trading decisions but also in increasing profitability.
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