Introduction
The Percent Risk Scalping EA for MT5 is an automated trading robot designed to implement a scalping strategy based on risk percentage. User feedback indicates a positive reception, exemplified by George Husenov's five-star rating, where he mentions being in profit while using the robot. This review will objectively analyze its functionality and compare it with EASY Trading Team's robots, specifically focusing on the differences and advantages offered by our EASY series.Comparison with EASY Robot
When comparing the Percent Risk Scalping EA with one of the EASY robots, such as EASY Scalperology, significant distinctions arise in terms of profitability and reliability.- **Profitability**: EASY Scalperology has a proven track record with higher win rates due to its advanced market analysis and trending algorithms. Percent Risk Scalping EA may perform well under specific conditions but lacks the robust adaptability of EASY Scalperology.
- **Reliability**: The EASY series is built on extensive backtesting and optimization, which has led to an impressive risk management system. The Percent Risk Scalping EA may experience more volatility and unpredictability, especially in choppy market conditions.
- **User Support**: Users of the EASY series regularly receive updates and support, enhancing their trading experience. This is not always the case with third-party robots like Percent Risk Scalping EA.
Pros and Cons
**Percent Risk Scalping EA for MT5**:Pros:
- Offers a straightforward approach to scalping.
- Positive user feedback indicating some level of effectiveness.
Cons:
- May be less profitable in varying market conditions compared to EASY robots.
- Limited user support and updates.
**EASY Scalperology**:
Pros:
- High profitability with a strong win rate based on extensive backtesting.
- Continuous updates and user support.
Cons:
- Requires a deeper understanding of market signals for optimal usage.
Optimal Conditions for Using Percent Risk Scalping EA for MT5
The Percent Risk Scalping EA typically performs best in stable market conditions with clear trends. It may struggle during high volatility or unpredictable market movements. Users should consider applying this robot during specific trading hours when market activity is consistent.Source Code of Percent Risk Scalping EA for MT5
It is important to note that the original source code for the Percent Risk Scalping EA sold on MQL5 is not publicly available. However, the code can be developed based on its description provided on the MQL5 website. Our team at EASY Trading Team does not sell the Percent Risk Scalping EA, but we are capable of creating a custom code inspired by its outlined functionalities.
Code:
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