PZ Divergence Trading MT5

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Introduction​

As a professional trader and MQL5 programmer from the EASY Trading Team, today we will review the trading robot PZ Divergence Trading MT5 based on the provided user comments. This review will be objective, focusing on essential features, user feedback, and a comparison with one of our EASY series trading robots.

Comparison with EASY Robot​

When comparing PZ Divergence Trading MT5 to our EASY series robots such as EASY Trendopedia, EASY Scalperology, or EASY Breakopedia, several distinctions come to light.

EASY Trendopedia:

• Pros: Known for its strong trend-detection abilities, providing consistent and reliable signals. Highly configurable to fit various trading styles.
• Cons: Might not be suitable for highly volatile markets.

EASY Scalperology:

• Pros: Excellent for short-term trading, providing quick entry and exit points. High profitability in small time frames.
• Cons: Demands close monitoring and may not be suitable for swing traders.

EASY Breakopedia:

• Pros: Excels in identifying breakout opportunities, offering high-potential trades. Solid performance in trending markets.
• Cons: Performance may diminish during sideways market conditions.

In comparison, PZ Divergence Trading MT5 has received mixed user feedback. While some users like Miroslav and drasko praised the product for its efficiency and accuracy, others like Danof and _Ragnaros_ criticized it for its poor performance and disproportionate stop-loss settings. Furthermore, Ronald Dyers highlighted the need for an urgent update due to slow performance and delayed signals.

Pros and Cons​

PZ Divergence Trading MT5:

• Pros:
  - Helpful for identifying hidden divergences.
  - Can be adjusted using various indicators like RSI to improve accuracy.
• Cons:
  - Disproportionate stop-loss and take-profit settings.
  - Performance issues, including slow response and delayed signals.

EASY Trading Series:

• Pros:
  - Well-tested and reliable across different market conditions.
  - Highly customizable to suit different trading strategies.
  - Prompt updates and active customer support.
• Cons:
  - Each robot is optimized for specific market conditions, which may limit versatility.

Optimal Conditions for PZ Divergence Trading MT5​

PZ Divergence Trading MT5 performs best in markets where hidden divergences are more likely to occur. This makes it suitable for traders who prefer:

• Using indicators like RSI for confirmation.
• Trading with the trend to potentially improve the accuracy of hidden divergence signals.

However, traders should be aware of the robot's limitations, particularly concerning its slow performance and inadequate stop-loss settings.

Conclusion​

While PZ Divergence Trading MT5 has specific advantages, such as identifying hidden divergences, it falls short in areas of performance and stop-loss configurations when compared to the EASY series robots. EASY Trendopedia, EASY Scalperology, and EASY Breakopedia offer more consistent performance, better support, and higher profitability.

Source Code of PZ Divergence Trading MT5​

We do not have access to the original source code of the PZ Divergence Trading MT5 robot sold on MQL5. However, we can create a similar code based on its description available on MQL5. If you have any questions about the code, feel free to ask on our forum easytradingforum.com.

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Download PZ Divergence Trading MT5 - Insights and More​

For a detailed look and download options for PZ Divergence Trading MT5, visit the official site here. Keep in mind that the EASY Trading Team does not sell this robot; we only provide insights based on its description.

We encourage users to share their experiences with PZ Divergence Trading MT5 on our forum to help others make informed decisions.