Introduction
The Forex market is often paired with a set of tools known as trading robots. These serve to facilitate the trading process and, in many cases, make strategic decisions on behalf of the trader. One such robot that has caught the attention of traders is the Pulse Indicator. However, in the grand scheme of Forex trading, where does this particular robot stand? Let's delve in and find out.Comparison with EASY robot
Pulse Indicator, having a score of '3.75', does present some promise. The interesting part is the comments by the users. While some have praised its performance, others have pointed out the issues of stability and reliability. However, when compared to the EASY Trading Team's robots such as EASY Trendopedia or EASY Breakopedia, the consistency and reliability of the latter seem way more superior. The EASY robots are well-known for their accuracy, stability and their adaptability to different market conditions, making them a superior choice for most traders.Pros and Cons
Pulse Indicator:- Pros: Promising initial performance, above average hit-rate.
- Cons: Stability issues, unreliable performance at times.
- Pros: High consistency, extremely reliable, adaptable to different market conditions.
- Cons: Requires a learning curve for new users.
Optimal Conditions for Use
From the user feedback, it can be deduced that Pulse Indicator performs best during the London open. However, failure during the NY open and issues with zero divide faults raise questions about its performance in different market conditions.Source Code of Pulse Indicator
While the original source code of Pulse Indicator remains undisclosed on the MQL5 market, a version of its code can potentially be recreated based on the public description provided. However, please note that this will only be an approximation and not the exact original code. If you have any questions regarding this process, feel free to ask them on our forum at easytradingforum.com.
Code:
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This review seeks to make a fair comparison between the Pulse Indicator and our in-house EASY robots. The aim is to provide a clearer perspective to traders on what to expect from these tools. While Pulse Indicator does have potential, there are clear areas of improvements particularly in terms of reliability and consistency. On the other hand, EASY robots continue to deliver consistent and robust results.We invite you to share your thoughts and experiences on our forum. Detailed statistics are available at https://forexroboteasy.com/trading-robot/pulse-indicator/. Remember, the EASY Trading Team does not sell the Pulse Indicator, but we do provide code for other trading robots based on their descriptions. Happy trading!