Introduction
As a professional trader and MQL5 programmer from the EASY Trading Team, today we’re reviewing the trading robot Order grid. Unlike other reviews, ours will be based on user comments and the detailed statistics available on Order grid's official site. Based on the feedback from the community, we invite you to leave your reviews as there are currently none. Also, we’ll compare Order grid with one of our own bots, EASY Scalperology, to see how it stacks up.Comparison with EASY Scalperology
The Order grid robot uses a grid strategy that involves placing multiple orders at different levels, often resulting in a wider range of trades. On the other hand, EASY Scalperology focuses on short-term trades with precise entry and exit points.Order grid:
- Grid trading strategy
- No reviews or ratings
- Works best in ranging markets
- Potential for high risk if the market trends strongly
EASY Scalperology:
- Scalping strategy
- Positive reviews and high ratings
- Reliable in various market conditions
- Lower risk due to precise entry and exit points
In summary, EASY Scalperology is a more reliable, profitable, and safer option compared to Order grid, particularly in volatile or trending markets.
Pros and Cons
Order grid:- Pros:
- Good in ranging markets
- Automates multiple orders
- Cons:
- High risk in trending markets
- No community feedback
- No proven track record
EASY Scalperology:
- Pros:
- Lower risk
- Reliable in different market conditions
- Positive user feedback
- Cons:
- Requires a broker with low spreads
- Frequent small trades
Optimal Usage Conditions
Order grid works best in ranging markets where prices oscillate within a certain range. It uses a grid strategy to place multiple buy and sell orders at different levels, potentially profiting from minor price movements. However, it's crucial to monitor the market for any strong trends, as the grid strategy can be risky in such conditions.In contrast, EASY Scalperology performs well in various market conditions, thanks to its precise entry and exit points. It is ideal for traders who prefer lower risk and stable returns.
Source Code of Order grid
We don't have access to the original source code of the Order grid robot sold on MQL5, but we can develop a similar code based on the description available on the MQL5 website. If you have specific questions about the code, feel free to ask. Note that our team, EASY Trading Team, does not sell the Order grid robot; we only create code based on its described strategy.
Code:
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If you’re interested in downloading the Order grid trading robot, you can find more details and purchase options on the MQL5 marketplace. We encourage users to share their experiences and reviews to help build a more comprehensive understanding of the bot's performance.In conclusion, while Order grid has potential in specific market conditions, EASY Scalperology stands out as a more reliable and safer trading robot. We invite users to leave their reviews and experiences to help inform future traders.