Introduction
LT Trade Panel Professional is a trading robot that has gathered mixed reviews from users. Some traders find it satisfactory, while others have reported facing issues. With an overall rating of 4.33, there's room for improvement. We shall delve deep into the bot's functionality and compare it to one of the EASY Trading Team's algorithms: EASY Scalperology.Comparison with EASY Scalperology
In direct comparison, EASY Scalperology outruns LT Trade Panel Professional in terms of robustness, profitability, and reliability. Scalperology's advanced algorithm is designed to detect subtle market changes, making it better at capitalizing on quick, short-term trades. On the other hand, there have been complaints about LT Trade Panel Professional's inefficiency in managing take-profit (TP) and stop-loss (SL) functions, with some users reporting that the bot doesn't clear the screen after closing an order and that the SL and TP closing buttons fail to work.Advantages and Disadvantages
- EASY Scalperology:
- Pros: High-speed trade execution, efficient risk management, and reliable customer support.
- Cons: Its high-frequency trading approach may not be suitable for all investors.
- LT Trade Panel Professional:
- Pros: Adequate for basic trading needs (according to some users).
- Cons: Issues with TP and SL functions, poor customer support, and perceived as a fairly pricey bot compared to the value it provides.
Optimal Conditions for use
LT Trade Panel Professional performs best under conditions where basic trading needs are required. However, due to its functionality issues and lack of customer support, it may not fare well in more complex or high-stakes trading scenarios.The Source Code of LT Trade Panel Professional
While we don't have access to the true source code of LT Trade Panel Professional, we can create code based on the description provided on MQL5's website where this algorithm is sold. If you have questions about the code, please feel free to ask. It’s important to clarify that this is simply a code example from easytradingforum.com, based on the description of LT Trade Panel Professional.
Code:
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