Ma Speedometer Dashboard

[TopicStarter]

Introduction​

The Ma Speedometer Dashboard trading robot presents a unique approach by utilizing moving average (MA) angle changes to identify trading opportunities across various instruments. Its concept is based on momentum, where a steeper MA angle signifies stronger market trends. User feedback, particularly from Ross Rodgers, highlights the effectiveness of this tool in identifying instruments with optimal momentum. However, it's essential to analyze its performance compared to other established trading robots.

Comparison with EASY Robot​

When comparing the Ma Speedometer Dashboard with one of the EASY series robots, such as EASY Trendopedia, several distinctions emerge. The EASY Trendopedia focuses on trend identification using multiple indicators and offers a comprehensive trading strategy that has proven to be more profitable and reliable over time.

**Key differences:**
- **EASY Trendopedia:**
- Pros:
- Advanced trend detection with multiple indicators.
- Higher historical win rates.
- Robust risk management features.
- Cons:
- Slightly more complex setup process.

- **Ma Speedometer Dashboard:**
- Pros:
- Innovative approach to measuring market momentum.
- User-friendly dashboard.
- Cons:
- Performance may be inconsistent across different market conditions.
- Lacks the depth of analysis found in the EASY robots.

Overall, while the Ma Speedometer Dashboard offers an interesting concept for trading, the EASY Trendopedia stands out in profitability and reliability due to its comprehensive methodology and proven track record.

Pros and Cons​

• Ma Speedometer Dashboard
  • Pros:
    - Unique approach based on MA angle changes.
    - Customizable bonus indicator.
  • Cons:
    - May not perform well in sideways markets.
    - Limited historical data to assess long-term viability.
• EASY Trendopedia
  • Pros:
    - Reliable trend analysis.
    - Strong historical performance metrics.
  • Cons:
    - More complex to configure.

Optimal Conditions for Use​

The Ma Speedometer Dashboard operates best in trending markets where momentum is easily identifiable. Traders should look for scenarios where MA angles shift significantly, indicating a strong move in one direction. It is less effective in choppy or sideways market conditions, where false signals may occur.

Conclusion​

In summary, the Ma Speedometer Dashboard offers a novel perspective on trading through momentum analysis. However, when compared to the established EASY robots, particularly EASY Trendopedia, it falls short in terms of reliability and profitability. For users seeking a robust trading solution, the EASY series remains a superior choice. Users are encouraged to share their experiences and insights regarding these robots on the forum.

Source Code of Ma Speedometer Dashboard​

While the original source code of the Ma Speedometer Dashboard trading robot sold on MQL5 is not publicly available, we can create a code based on the descriptions provided on the MQL5 site. It's important to note that our EASY Trading Team does not sell the Ma Speedometer Dashboard; instead, we focus on developing code inspired by its description, which can serve as a foundation for users interested in similar trading strategies.

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Download the Ma Speedometer Dashboard​

If you are looking for the Ma Speedometer Dashboard, it is available for download at this link. For any questions regarding the code or implementation, feel free to ask on the forum. This example code is based on the description from easytradingforum.com and should give users a starting point for their trading endeavors.