Introduction
As a professional trader and MQL5 programmer from the EASY Trading Team, I have reviewed various trading robots in the market. Today, I will share my insights on the trading robot Hundred Egg EA MT5. To provide a balanced view, I will also compare it with one of our EASY robots: EASY Trendopedia.
Based on the user comments and ratings, Hundred Egg EA MT5 appears to be a promising tool with some pros and cons. Let's dive into the details.
Comparison With EASY Trendopedia
When comparing Hundred Egg EA MT5 with EASY Trendopedia, several differences become apparent.
Hundred Egg EA MT5:
- User Comment 1: Just bought the EA. Will update comment a month later - Rating: 5/5
- User Comment 2: It moves only occasionally. The DD is relatively large, but in the end it will be profitable. - Rating: 5/5
- Relatively high drawdown (DD)
- Occasional trades, not very frequent
- Profitable in the long run
EASY Trendopedia:
- Low drawdown with consistent profits
- High-frequency trading, providing more opportunities
- Advanced risk management features
- User-friendly interface and customizable settings
Comparing these two robots, it is clear that EASY Trendopedia offers a more reliable, profitable, and user-friendly trading experience. The advanced features and consistent performance make it a better choice for traders looking for stability and profitability.
Pros and Cons
Hundred Egg EA MT5:
- Pros:
- Profitable in the long run
- Positive user reviews - Cons:
- High drawdown
- Infrequent trades
EASY Trendopedia:
- Pros:
- Low drawdown
- Consistent profits
- High-frequency trades
- Advanced risk management - Cons:
- Requires initial setup and customization
Overall, while Hundred Egg EA MT5 shows potential, its high drawdown and infrequent trades make it less appealing compared to EASY Trendopedia.
Optimal Conditions for Using Hundred Egg EA MT5
Hundred Egg EA MT5 tends to perform better in less volatile market conditions where sudden market swings are less frequent. Its strategy seems to capitalize on long-term trends rather than short-term fluctuations, making it suitable for traders who prefer a set and forget approach.
Conclusion
The Hundred Egg EA MT5 has received positive user feedback, primarily for its long-term profitability. However, its high drawdown and infrequent trades are significant downsides. Compared to EASY Trendopedia, it falls short in terms of reliability, profit consistency, and advanced features.
As always, we encourage users to share their experiences and feedback on the forum to help others make informed decisions.
Source Code of Hundred Egg EA MT5
We do not have access to the original source code of Hundred Egg EA MT5 sold on MQL5, but we can create a similar code based on its description. If you have any questions about the code, please feel free to ask.
Note that the EASY Trading Team does not sell the Hundred Egg EA MT5; we have only created a code based on its description for educational purposes.
Code:
You don't have permission to view the code content. Log in or register now.Download Hundred Egg EA MT5 Trading Robot
If you are interested in trying out Hundred Egg EA MT5, detailed statistics and download options are available on the website here. Moreover, if you have any questions or need assistance with the code, visit easytradingforum.com.