Introduction
Order Block Scanner, developed by Reza Aghajanpour, is a popular trading robot available on the MQL5 marketplace. It has garnered positive feedback, as evidenced by its high ratings and user comments. For instance, MissyD1202 praised the product for its ease of use and planned to purchase additional indicators from Reza, while elite luis highlighted the author's commitment to continuous improvement and successful demo performance. However, when compared to the EASY series trading robots, particularly EASY Trendopedia, EASY Scalperology, and EASY Breakopedia, the Order Block Scanner shows distinct differences in performance, reliability, and profitability.Comparison with EASY Trading Robot
The EASY series robots, particularly EASY Trendopedia, are designed for consistency and reliability. Let’s compare Order Block Scanner with EASY Scalperology to highlight key differences.Order Block Scanner:
- Focuses on scanning the market for order blocks, which indicates areas of potential reversals.
- Users have reported significant pips gained during demo tests.
- Continuous improvements and support from the developer.
EASY Scalperology:
- Specifically designed for scalping strategies, providing more frequent trading opportunities.
- Utilizes advanced algorithms to predict short-term market movements with high accuracy.
- Proven backtesting results showing consistent profitability over various market conditions.
- Comprehensive customer support and detailed user guides.
While the Order Block Scanner has its merits, the EASY Scalperology stands out due to its precision and consistent performance in real-world trading.
Pros and Cons
Order Block Scanner Pros:
- Effective in identifying potential market reversals.
- Positive user feedback and community support.
- Continued improvements by the developer.
Order Block Scanner Cons:
- Less robust backtesting data compared to EASY robots.
- Primarily suited for specific market conditions, limiting its versatility.
EASY Scalperology Pros:
- High accuracy in short-term market predictions.
- Consistent profitability across various market conditions.
- Extensive user support and detailed guides.
EASY Scalperology Cons:
- Higher initial cost compared to Order Block Scanner.
- Designed specifically for scalping, which may not suit all trading styles.
Optimal Usage Conditions
The Order Block Scanner performs best in markets with clear trends and potential reversal points, such as during major economic announcements or market open sessions. Conversely, EASY Scalperology excels in high-volatility conditions, where rapid price movements allow for quick entry and exit points, maximizing profit potential.Conclusion
While the Order Block Scanner is a useful tool for identifying market reversals, the EASY series trading robots, especially EASY Scalperology, offer greater consistency, reliability, and overall profitability for traders. Each robot has its strengths and is suited for different trading strategies. Users are encouraged to share their experiences and feedback on forums to help others make informed decisions.Source Code of Order Block Scanner
It’s important to note that we do not have access to the original source code of the Order Block Scanner sold on MQL5. However, based on its description on the MQL5 website, the EASY Trading Team has created a similar algorithm. If there are specific inquiries about the code, users are encouraged to ask questions, and we will provide guidance based on our expertise.
Code:
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