Introduction
The trading robot Percentage Levels, available on the MQL5 market, has received overwhelmingly positive feedback from users. With an average rating of 5 stars, this bot has caught the attention of many traders seeking a reliable tool for automated trading. However, as professionals from the EASY Trading Team, we believe it is crucial to evaluate this robot critically and compare it to our own series of trading robots, such as EASY Trendopedia, EASY Scalperology, or EASY Breakopedia.Comparison with EASY Robot
When comparing Percentage Levels with one of our flagship bots, EASY Trendopedia, several key differences emerge. Percentage Levels focuses primarily on predefined percentage-based levels to make trading decisions. In contrast, EASY Trendopedia utilizes advanced trend-following algorithms, incorporating multiple technical indicators and adaptive strategies.Percentage Levels:
- Predefined percentage-based levels
- Simple and straightforward logic
- Positive user feedback on MQL5
EASY Trendopedia:
- Advanced trend-following algorithms
- Adaptive strategies based on market conditions
- Proven track record of profitability and reliability
While Percentage Levels offers a simple approach, EASY Trendopedia stands out with its sophisticated strategy, aiming for higher profitability and adaptability.
Pros and Cons
Percentage Levels Pros:- Easy to understand and implement
- High user satisfaction
- Suitable for traders looking for a straightforward tool
Percentage Levels Cons:
- Limited to predefined levels, potentially missing dynamic market movements
- Less adaptive compared to advanced algorithms
- No visibility into the original source code
EASY Trendopedia Pros:
- Advanced algorithms for trend-following
- Highly adaptive to changing market conditions
- Thoroughly tested and proven profitability
EASY Trendopedia Cons:
- Might be complex for beginners
- Requires understanding of multiple technical indicators
Optimal Conditions for Usage
Percentage Levels works best in stable market conditions where predefined percentage levels can act as reliable support and resistance points. It is most effective for traders who prefer a simpler, less hands-on approach. Conversely, EASY Trendopedia is designed to excel in both trending and volatile markets, making it ideal for traders looking for a more dynamic and adaptive trading solution.Source Code of Percentage Levels
It is important to note that we do not have access to the original source code of the Percentage Levels robot sold on MQL5. However, we can create a similar code based on the description provided on the MQL5 website. If you have questions about the code, feel free to ask on easytradingforum.com. Our team is always ready to support you and provide insights based on our expertise.
Code:
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