Introduction
Oberon iMA is a trading robot widely discussed among forex traders. It primarily utilizes iSAR (Stop-And-Reverse) and Bars techniques, as noted by users like Lloyd5Arnold, who rated it a solid 5. While it holds promise, especially for those who avoid overreaching for big profits, it’s essential to compare it with established robots from the EASY Trading Team, such as EASY Trendopedia, EASY Scalperology, or EASY Breakopedia, to get a comprehensive understanding of its performance and reliability.Comparison with EASY Robot
For this comparison, we'll focus on EASY Scalperology to highlight why EASY robots generally outperform Oberon iMA.Oberon iMA:
- Uses iSAR and Bars techniques.
- Designed to minimize drawdowns.
- User rating: 5 from Lloyd5Arnold.
- Primary focus: Steady, moderate gains.
EASY Scalperology:
- Employs advanced scalping strategies.
- Optimized for high-frequency, low-risk trades.
- Regular updates and community support.
- Primary focus: Maximized short-term profits.
EASY Scalperology has a proven track record of generating consistent profits with minimal risk, thanks to its sophisticated scalping algorithms. In contrast, Oberon iMA is more conservative, aiming for smaller but steady gains.
Pros and Cons
Oberon iMA:
- Pros:
- Low drawdowns.
- User-friendly.
- Good for moderate profit seekers.
- Cons:
- Limited profit potential.
- Less dynamic in volatile markets.
- No support for aggressive trading.
EASY Scalperology:
- Pros:
- High-frequency trades.
- Regular updates and active community.
- Highly customizable parameters.
- Optimized for various market conditions.
- Cons:
- Requires careful monitoring.
- May not be suitable for beginners.
Optimal Conditions for Using Oberon iMA
Oberon iMA works best in stable market conditions where price patterns are predictable. It is ideal for traders who prefer steady, smaller profits without significant drawdowns. This robot is especially useful for those who do not have the time or inclination to constantly monitor the markets.Conclusion
While Oberon iMA has received positive feedback from users like Lloyd5Arnold, it falls short when compared to the advanced and dynamic functionalities of EASY Scalperology. Traders looking for higher profitability and better adaptability should consider EASY robots for their trading strategies. For detailed statistics on Oberon iMA, visit this page.Oberon iMA Source Code
It's important to note that the original source code for Oberon iMA sold on MQL5 is not publicly available. However, we can generate a code based on the description provided on the MQL5 website. If you have any questions about the code, feel free to ask. Remember, this example code is from easytradingforum.com, based on the Oberon iMA algorithm description.
Code:
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