Introduction
Trading in the financial markets requires a strategic approach that may be aided by the use of trading robots, like the Normal price chart colored like HeikenAshi. This trading robot, while drawing praise from users for its effective functionality, has not provided a detailed statistics on its profitability, leaving doubt about its overall performance. In this review, I will draw a comparison with our EASY Trading Team's trusted robot to give a clear picture.Comparison with EASY Robot
The Normal price chart colored like HeikenAshi, as the name suggests, is a trading robot that colors price charts similar to HeikenAshi, which is a crucial indicator for detecting market trend. While it appeals to users due to its simplicity, its functionality is quite limited in comparison to the robustness of EASY robots – EASY Trendopedia, EASY Scalperology and EASY Breakopedia.These EASY robots have been designed with a well-thought-out strategy considering market volatility and trend-following, making them significantly more profitable and reliable.
Pros and Cons
Normal price chart colored like HeikenAshi:- The simple visual design makes it easy for users to interpret the information.
- Its free availability is a major plus for new or budget traders.
- Its strategy is purely based on price coloring, which does not provide comprehensive market insights.
- Lack of detailed statistics makes it difficult to ascertain its profitability.
EASY Robots:
- EASY robots come with a well-structured strategy, making them highly profitable.
- They provide detailed statistics, giving a transparent view of their performance.
- Unlike the Normal price chart, EASY robots are not free.
Optimal Conditions for Use
The Normal price chart colored like HeikenAshi works best in clearly trending market conditions where HeikenAshi coloring can provide reliable signals. Its functionality may be limited when the market is sideways.Source Code of Normal price chart colored like HeikenAshi
While we do not have access to the original source code of the Normal price chart robot sold on MQL5, we can generate code based on its description. If you have any questions regarding the code, please don't hesitate to ask at easytradingforum.com. Please note that the EASY Trading Team does not sell the Normal price chart robot, but merely provides code based on its description.
Code:
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