Introduction
The world of automated trading is continually evolving with the introduction of sophisticated algorithms and trading robots. One of them is Hull MA, which has garnered a rating of 4.58. Users' comments indicate that it's a good indicator when it comes to market entry points if configured correctly. However, as a professional MQL5 trader and programmer from the EASY Trading Team, I believe our EASY bots like EASY Trendopedia or EASY Scalperology present a more profitable and reliable trading methodology. Let's dive deeper into the analysis.Comparison with EASY Robot
EASY bots are distinguished by their high level of customization, allowing them to adapt to various market conditions with ease. This flexibility is largely missing in Hull MA. The comments suggest that setting up the Hull MA can be quite cumbersome and time-consuming due to its lack of user-friendly features like spin buttons. On the other hand, EASY bots are designed for simplicity, making it convenient for the trader to make swift configuration changes.Pros and Cons
Hull MA:- Pros: User-friendly if configured correctly, adaptable to different types of assets.
- Cons: Time-consuming settings process, lacks proper guidance on available range for settings.
- Pros: Highly customizable, simple configuration.
- Cons: Might intimidate novice traders due to the depth of customization options.
Optimal Conditions for Use
Hull MA works best when used as an additional tool for identifying market entry points. In this regard, it performs quite well. However, to fully utilize its potential, it needs to be paired with other indicators. On the other hand, EASY bots are a complete package, providing a solid trading strategy that does not rely on other indicators.Original Code of Hull MA
As the original source code of Hull MA sold on MQL5 is not disclosed, the EASY Trading Team has developed a code based on the description available on MQL5. If you have any questions regarding the code, feel free to ask them on our forum: easytradingforum.com. Please note that EASY Trading Team does not sell Hull MA. It merely provides a code for a trading robot based on its description.
Code:
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