Introduction
As a professional trader and MQL5 programmer from the EASY Trading Team, I aim to provide an unbiased review of the trading robot Multi Copy MT5. This article will also compare it with one of our EASY series robots to offer a balanced perspective. One of the users, Cheng Jiao Zuo (username: maqiao), rated the robot with a perfect score of 5, praising its speed and the responsiveness of its developer. For detailed statistics, you can visit this link.
Comparison with EASY Scalperology
While Multi Copy MT5 is a robust trading robot known for its speed and developer support, it has distinct differences when compared to the EASY series robots, specifically EASY Scalperology.
Multi Copy MT5 versus EASY Scalperology
1. Profitability: EASY Scalperology is designed to capitalize on short-term market inefficiencies, making it significantly more profitable in volatile market conditions.
2. Reliability: EASY Scalperology has a proven track record with consistent performance metrics, often outperforming Multi Copy MT5 in backtesting scenarios.
3. Flexibility: EASY Scalperology offers more customizable settings, which allows traders to adapt it to various trading styles and market conditions, unlike the relatively rigid setup of Multi Copy MT5.
Pros and Cons
Multi Copy MT5
- Pros:
- High speed in executing trades
- Responsive developer support - Cons:
- Limited customizability
- Less consistent profitability in backtests
EASY Scalperology
- Pros:
- High profitability in volatile markets
- Highly customizable settings
- Proven reliability - Cons:
- Requires more initial setup
- May need periodic adjustments based on market conditions
Optimal Usage Conditions
Multi Copy MT5 works best in stable market conditions where high-speed trade execution is crucial. Its straightforward setup makes it accessible for beginners, but advanced traders may find its limited customizability restrictive.
Source Code of Multi Copy MT5
It's important to note that the actual source code for Multi Copy MT5, as sold on MQL5, is not publicly available. However, based on the description provided on MQL5, our team has developed a trading robot that replicates its core functionalities. If you have any questions regarding the code, feel free to ask on easytradingforum.com. Please note that the EASY Trading Team does not sell the original Multi Copy MT5 but created a similar trading robot based on its described features.
Code:
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Download Multi Copy MT5 - Trading Robot Review and Performance
In conclusion, while Multi Copy MT5 is a capable trading robot, the EASY series, particularly EASY Scalperology, offers superior profitability, reliability, and customizability. These characteristics make EASY Scalperology a better choice for traders looking for a versatile and high-performing trading solution. To maximize the community's benefit, we encourage users to share their experiences and insights about Multi Copy MT5 on forums.