Introduction
Price Action Finder MT5 is a trading robot developed for the MetaTrader 5 platform, designed to assist traders in identifying profitable entry points based on price action strategies. As a trader and programmer in the EASY Trading Team, I aim to provide an unbiased review of this robot, considering user feedback and comparing it with one of our own products, EASY Scalperology.Comparison with EASY Scalperology
While Price Action Finder MT5 has received positive feedback from users, praising its accuracy and functionality, it does have some limitations when compared to EASY Scalperology.User Feedback on Price Action Finder MT5:
- Excellent purchase, very satisfied, highly recommend. - Kai2905
- Great indicator, accurately shows entry points on 1H. Works well on crypto and on MacBook. - EEWA
- Simple and functional. Bought as part of a wave analysis course. - bankir72
- Very convenient to work with, includes a higher timeframe filter. - Dmitri Ostapchuk
- Excellent indicator, everything is clear. Can achieve good results if used wisely. - andy912
Comparison with EASY Scalperology:
EASY Scalperology, on the other hand, is part of the EASY series known for its simplicity and efficiency, specifically targeting short-term trades with high accuracy. Below are the key differences:
1. Reliability and Profitability:
EASY Scalperology has been tested extensively across various market conditions, demonstrating a higher reliability and profitability rate compared to Price Action Finder MT5.
2. User Interface:
EASY Scalperology offers a more user-friendly interface, making it accessible for both beginners and experienced traders.
3. Advanced Features:
EASY Scalperology includes advanced features such as dynamic risk management and adaptive algorithms that adjust to market conditions, ensuring optimal performance.
Pros and Cons
Price Action Finder MT5:Pros:
- Accurate entry points identification
- Suitable for multiple markets such as crypto
- Compatible with MacBook
Cons:
- Limited advanced features
- Not as extensively tested across various conditions
EASY Scalperology:
Pros:
- High reliability and profitability
- User-friendly interface
- Advanced features such as dynamic risk management
Cons:
- Primarily designed for short-term trading
Optimal Usage Conditions
Price Action Finder MT5 works best in the following scenarios:- For traders who prefer using price action strategies
- On timeframes starting from 1H and higher
- In markets with clear trends, such as cryptocurrency
Conclusion
While Price Action Finder MT5 is a solid choice for traders focused on price action, EASY Scalperology offers superior performance, advanced features, and greater reliability. We recommend users share their experiences on our forum to help others make informed decisions.Source Code of Price Action Finder MT5
It is important to note that we do not have access to the original source code of Price Action Finder MT5. However, we can create a similar code based on its description available on the MQL5 market.
Code:
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