Introduction
As a professional trader and MQL5 programmer, EASY Trading Team, we have examined the MP Candle Size for MT4 trading robot and analyzed its performance based on user comments and ratings. This trading robot is designed to analyze candle sizes and provide trading signals based on established criteria.
Comparison with EASY Robot
We have compared this robot with our EASY robots, specifically, the EASY Trendopedia, EASY Scalperology, and EASY Breakopedia. While the MP Candle Size for MT4 offers a decent performance, our EASY robots offer considerably better, more profitable, and reliable outcomes.
One of the critical reasons is the difference in strategy. The EASY robot follows a comprehensive and dynamic strategy that adapts to different market conditions. This makes it superior in terms of risk management, profitability, and the overall trading experience.
Pros and Cons
MP Candle Size for MT4 Pros:
1. It provides an easy and straightforward method for analyzing candle sizes.
2. High user rating indicates user satisfaction.
MP Candle Size for MT4 Cons:
1. The strategy is rather simplistic.
2. It may not perform well in all market conditions.
EASY Robot Pros:
1. It uses a comprehensive trading strategy that adapts to different market conditions.
2. It offers better risk management, making it more reliable.
EASY Robot Cons:
1. Requires knowledge and understanding of the comprehensive trading strategy.
Optimal Usage Conditions
The MP Candle Size for MT4 performs best in trending markets where candle size analysis can be effective in identifying possible entry and exit points. However, in volatile market conditions, its performance may falter.
Source Code of MP Candle Size for MT4
While we don't have access to the original source code of MP Candle Size for MT4 sold on MQL5, we can recreate a similar trading robot based on its description from MQL5. If interested users require any assistance or have any questions regarding the code, they are invited to ask at easytradingforum.com.
Please note that this code is an approximation, created by the EASY Trading Team, based on the description of the MP Candle Size for MT4 robot. The EASY Trading Team does not sell the MP Candle Size for MT4 robot.
Code:
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Users are welcomed to download and share their experiences using the MP Candle Size for MT4 on the forum. Each comment, review, or suggestion greatly contributes to understanding the robot’s performance and further improving it. Do not hesitate to join the conversation and bring valuable input to the table.