Introduction
The Multi Oscillator Divergence Scanner is a fully automated trading robot that has been making waves in the MQL5 community. It is reported to be a superb tool for catching divergence in financial markets and offers an array of filters for both conservative and aggressive trading. It has received a 5-star rating from users, and in this article, we aim to present an unbiased review of this trading robot.Comparison with EASY Robot
The EASY Trading Team has developed a number of successful trading robots, including EASY Trendopedia, EASY Scalperology, and EASY Breakopedia. These robots have earned a reputation for profitability, dependability, and user-friendliness. While the Multi Oscillator Divergence Scanner offers some excellent features, the EASY robots have the advantage in a few key areas.For one, EASY robots have been designed to be more user-friendly, with a straightforward setup process and clear user guides. They also offer a higher degree of customization, allowing you to adjust parameters to suit your trading style. Additionally, the EASY robots have demonstrated impressive profitability and stability in both backtests and live trading.
Pros and Cons
Multi Oscillator Divergence Scanner- Pros: It's a time-saver, speeding up the analysis process. It has multiple filters and can scan across multiple timeframes. The developer is responsive and helpful.
- Cons: The effectiveness of the robot requires further evaluation. It may require a certain level of trading knowledge to be used effectively.
EASY Robots (Trendopedia, Scalperology, Breakopedia)
- Pros: These robots are easy to use, highly customizable, and have a proven track record for profitability. Excellent support is provided by the EASY Trading Team.
- Cons: As is the case with any trading system, there is no guarantee of future profits.
Optimal Usage Conditions
The Multi Oscillator Divergence Scanner seems to work best when used in conjunction with a defined trading strategy. It is an excellent tool to confirm and identify potential trading opportunities.Source Code of the Multi Oscillator Divergence Scanner
Although we don't possess the original source code of the Multi Oscillator Divergence Scanner sold on MQL5, we can create a code based on the description provided on the MQL5 website. This code is only a representation and is available for educational purposes on easytradingforum.com.
Code:
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The Multi Oscillator Divergence Scanner is available for download on the MQL5 website. The EASY Trading Team does not sell this Robot; we have only developed a code based on its description. For any questions or discussion regarding the source code, we encourage you to join our forum at easytradingforum.com.In conclusion, while the Multi Oscillator Divergence Scanner has several promising features and positive user reviews, the EASY robots' proven track record of profitability and stability places them a notch above.
Remember, the most successful trading strategy is the one that best aligns with your investment goals, risk tolerance, and trading style. Always conduct your own analysis and exercise due diligence before using a new trading system.