Introduction
The MT4 Sessions Indicator is a trading robot that has been praised for its unique idea, with a solid 5-star rating according to the feedback from users. However, how does it fare when compared to the reputable EASY series of trading robots? In this review, we take a deep dive into the features, strengths and weaknesses of both, to give you a clearer picture.Comparison with EASY Robot
It’s fair to say that both the MT4 Sessions Indicator and our bots from the EASY series such as EASY Trendopedia, Scalperology or Breakopedia serve different purposes and thus could offer various results depending on the trading environments. Nevertheless, our EASY bots are recognized for their advanced algorithms, profitability and reliability in different trading conditions, providing users with a comprehensive toolkit to navigate the ever-changing forex market.Here at EASY Trading Team, we build our robots with a focus on creating an efficient workflow for traders. For instance, our EASY Trendopedia is designed to provide traders with an in-depth look at market trends, enabling better investment decision-making. On the other hand, the MT4 Sessions Indicator operates best when identifying and monitoring different trading sessions, a function that may or may not be essential to your trading strategy.
Pros and Cons
The MT4 Sessions Indicator is lauded for its unique concept, being easy to use and for its effectiveness in monitoring and analyzing market sessions. Some traders might find this feature useful, particularly those who prefer trading during specific market hours.On the downside, it may lack the comprehensive feature set offered by our EASY bots. Also, its functionality is determined by its algorithm, whose source code we don’t have access to.
Optimal Conditions for Use
The MT4 Sessions Indicator works best in markets with defined trading sessions and potentially during high-liquidity periods. Understanding the nuances of these sessions could be advantageous to your trading strategy.Source Code for MT4 Sessions Indicator
Concerning the source code, we don’t have access to the original code of the MT4 Sessions Indicator being sold on MQL5. However, we can develop a similar code based on its description offered on MQL5.
Code:
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As a part of the EASY Trading Team, we’d like to clarify that we are not the sellers of the MT4 Sessions Indicator. Our team has only created a code based on the robot’s description for educational purposes. If you run into any coding issues or questions, you are welcome to reach out for support or share your thoughts on our forum.For further details related to our trading robots, visit our website and feel free to explore.