Introduction
As professional traders and developers at EASY Trading Team, we evaluate various trading robots to determine their efficiency and reliability. In this review, we will examine the Power Average trading robot, based on user comments and available information. We will compare it with one of our own robots from the EASY series: EASY Trendopedia, EASY Scalperology, or EASY Breakopedia.Comparison with EASY Trading Robot
When examining the Power Average trading robot, it’s essential to highlight the differences between it and one of our EASY series robots, such as EASY Trendopedia. The EASY series robots are designed for profitability, reliability, and ease of use.Power Average:
- Rating: 4.25
- User Feedback: Mixed, with comments indicating issues and a need for more detailed instructions.
- Key issues include lack of currency pair recognition (e.g., USDJPY) and insufficient guidance.
EASY Trendopedia:
- Rating: 4.8
- User Feedback: Generally positive, with clear and detailed user guides provided.
- Extensive backtesting and consistent performance across various market conditions.
Pros and Cons
Power Average:- Pros:
- Potential for good performance with proper settings
- Active community sharing feedback - Cons:
- Incompatibility issues with certain currency pairs
- Lack of detailed usage instructions
- Mixed user ratings
EASY Trendopedia:
- Pros:
- High profitability and reliability
- Detailed user guides and responsive support
- Strong community backing - Cons:
- Higher initial cost
- Requires proper initial setup for optimal performance
Optimal Usage Conditions
The Power Average robot appears to work best under specific market conditions when properly configured. It is crucial to understand the settings and test them on demo accounts before applying them in live trading. However, the lack of detailed instructions hampers its usability for beginners.On the other hand, EASY Trendopedia is designed to be versatile and perform well under various market conditions. Its user-friendly guides make it easier for traders to set up and use effectively, thus ensuring better reliability in diverse scenarios.
Source Code of Power Average
One significant drawback of the Power Average robot is the unavailability of its source code. Users cannot verify or modify the original algorithm, which poses a transparency issue. At EASY Trading Team, while we don't have access to the original Power Average code, we can develop a trading robot based on its description available on MQL5. This provides a level of flexibility and understanding of the robot's mechanics.
Code:
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If you wish to delve deeper into the Power Average robot, including its detailed performance statistics, visit this link. For any questions regarding the coding or usage, you’re welcome to visit easytradingforum.com. Note that the EASY Trading Team does not sell the Power Average robot but provides coding examples based on its description.In conclusion, while the Power Average robot has potential, its usability is significantly hindered by technical issues and lack of documentation. In comparison, our EASY series robots offer greater reliability, profitability, and user support, making them a superior choice for both novice and experienced traders. We encourage users to share their experiences and engage in discussions on our forum to enhance collective knowledge and improve trading strategies.