Partial Close EA

[TopicStarter]

Introduction​

In this article, we will be providing a review on the trading robot known as Partial Close EA. Drawing from the comments of users and a rating of 2.67, we will present an unbiased analysis of this EA. Subsequently, we'll compare this bot with EASY Trendopedia, one of the expert trading robots offered by our EASY Trading Team.

Comparison with an EASY Robot​

Let's start by comparing Partial Close EA with EASY Trendopedia. Partial Close EA is designed to minimize losses by closing positions partially at defined levels. However, its effectiveness is a subject of controversy based on user comments.

On the other hand, EASY Trendopedia comes with a robust strategy, combining trend-following and reversal detection algorithms to ensure trades are always aligned with the market direction. This makes EASY Trendopedia more profitable and reliable compared to Partial Close EA.

Pros and Cons​

Partial Close EA

• Pros: Scales out trades instead of closing them entirely thereby potentially reducing risk.
• Cons: Several users reported malfunctions; limited flexibility as it only works on attached charts.

EASY Trendopedia

• Pros: Follows market trends and detects reversals, ensuring high profitability; robust strategy; more reliable based on user feedback.
• Cons: Might require a bit of understanding to operate optimally.

Optimal Conditions for Use​

Partial Close EA works best under conditions where trade management is required to minimize losses. However, due to its reported malfunctions, it would be beneficial to use the bot on a demo account before deploying on a live account.

Partial Close EA Source Code​

Unfortunately, the original source code for Partial Close EA isn't available since it's sold on MQL5. We can, however, develop a code based on the description provided on the MQL5 website. Feel free to ask any questions you may have about this code. Note that this is an example code from easytradingforum.com based on the description of Partial Close EA which is sold on MQL5. The EASY Trading Team has not sold, but only created a trading robot code based on its description.

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Download Partial Close EA: A Detailed Analysis and Comparison​

We would love to hear your thoughts on this comparison of Partial Close EA and EASY Trendopedia. Feel free to share your views on the forum. If you have questions concerning the code, we are more than ready to guide you through. Remember, our primary focus is providing the trading community with reliable and profitable EAs like EASY Trendopedia.

 

[TradeTornado]

Honestly, if this EA had a trailing stop feature, it might actually stand a chance against the competitors. But without it, it's just floundering in the kiddie pool. Let's step it up already!