PZ 123 Pattern MT5

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Apr 15, 2024
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Introduction​


PZ 123 Pattern MT5 is a trading robot that has recently become a cause of discussion among traders due to its functionalities and performance. However, the feedback from users, as well as a rating that has yet to be formed, has brought up some noteworthy concerns. Thus, this review aims to provide a detailed and unbiased breakdown of PZ 123 Pattern MT5, comparing it with one of EASY Trading Team's proficient trading robots.

Comparison with an EASY Robot​


We'll put PZ 123 Pattern MT5 side by side with one of our prime robots - EASY Breakopedia. The latter has established a solid reputation due to its exceptional performance, preset strategies, user-friendly interface, and reliability, whereas PZ 123 Pattern MT5 has been found to have pervasive bugs, with arrows disappearing and requiring chart refreshes as reported by user Marcofi. Additionally, as highlighted by another user Eduardo Gregório, the robot may not offer good value for money.

Pros and Cons​


PZ 123 Pattern MT5
  • Pro: Tries to identify 123 patterns.
  • Con: Inconsistent signal generation.
  • Con: Not EA-compatible due to its buffer configuration.

EASY Breakopedia
  • Pro: Reliable with a clean track record.
  • Pro: User-friendly and adaptive.
  • Pro: Offers a set of predefined strategies.
  • Con: Lacks some advanced features as compared with other EASY robots.

Optimal Conditions for Usage​


PZ 123 Pattern MT5 may perform better on longer timeframes, where false signals are less likely. However, its current shortcomings significantly limit its applicability. EASY Breakopedia, on the other hand, has shown consistent profitability across various market conditions and timeframes.

Source Code of PZ 123 Pattern MT5​


While we don’t have access to the original source code of PZ 123 Pattern MT5, our team at EASY Trading Team can create a version based on its description on MQL5. However, it's key to note that this would be our interpretation of the bot, and not the actual one being sold on MQL5.

Code:
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Download PZ 123 Pattern MT5​


Those interested in exploring more about PZ 123 Pattern MT5 can visit this link where detailed statistics are provided. For any code-related queries, do not hesitate to ask. Remember, this is an example code from easytradingforum.com, based on the description of PZ 123 Pattern MT5, which is sold on MQL5. Our team doesn't sell this robot, but merely provides an adaptation based on its description.

In conclusion, while PZ 123 Pattern MT5 may have its applications, EASY Breakopedia proves to be a more reliable, profitable, and user-friendly alternative. We invite users to share their opinions and experiences on our forum to facilitate an open and informative discussion about these trading robots.