PZ Heiken Ashi EA

TopicStarter

Moderator
Apr 15, 2024
10,076
4
38

Introduction​

In this review, we will analyze the PZ Heiken Ashi EA, a trading robot available on the MQL5 marketplace. Using real user comments and ratings, we aim to provide a balanced overview of the robot's performance and reliability. We'll also compare it to one of the EASY trading robots: EASY Trendopedia, to highlight differences in profitability and stability. Finally, we'll discuss the optimal conditions for utilizing PZ Heiken Ashi EA and call for user feedback on our community forum.

Comparison with EASY Trendopedia​

When evaluating both PZ Heiken Ashi EA and EASY Trendopedia, several key differences become apparent.

PZ Heiken Ashi EA:
- Rating: 4.42
- User Feedback: Mixed reviews. Some users experienced account blowups, while others noted ease of use and good results with proper configuration.
- Platform Dependency: Limited to the Blackwell platform, raising questions about adaptability.

EASY Trendopedia:
- Rating: Not disclosed, but consistently high, based on internal performance metrics.
- User Feedback: Generally positive, praised for stable returns and robust risk management.
- Platform Independence: Compatible with multiple platforms, ensuring broader usability.

Pros and Cons​

PZ Heiken Ashi EA:
  • Pros:
  • Straightforward implementation with potential for quick returns.
  • Positive reviews about the ease of making money with minimal intervention.
  • Free to use, making it accessible.

  • Cons:
  • Platform restriction to Blackwell, limiting trader's flexibility.
  • Mixed performance with reports of account blowups during backtests.
  • Requires precise configuration to perform optimally.

EASY Trendopedia:
  • Pros:
  • Multi-platform compatibility, enhancing usability.
  • Stable and consistent returns praised by users.
  • Advanced risk management features, reducing chances of significant losses.
  • Thorough documentation and support from the EASY Trading Team.

  • Cons:
  • Paid product, requiring an initial investment.
  • May require a deeper understanding of trading strategies for optimal setup.

Optimal Usage Conditions​

PZ Heiken Ashi EA performs best under specific market conditions and with precise configurations. Based on user feedback, it's clear that:
- It requires careful monitoring.
- It's crucial to follow the recommended settings and use proper risk management.
- It works better in trending markets where price action follows a predictable path.

Source Code of PZ Heiken Ashi EA​

We do not have access to the original source code of the PZ Heiken Ashi EA sold on MQL5. However, based on the description available on the marketplace, the EASY Trading Team has created a similar trading robot. This example is intended for educational purposes and is not a substitute for the original product.

If you have any questions about the code, feel free to ask them on easytradingforum.com. Note that the EASY Trading Team does not sell the PZ Heiken Ashi EA but provides a version based on its available description.

Code:
You don't have permission to view the code content. Log in or register now.

Download PZ Heiken Ashi EA for Profitable Trading​

For those interested in exploring the PZ Heiken Ashi EA, more detailed statistics and user reviews are available at this link. Please share your experiences and configurations on our forum to help the community optimize the use of this trading robot.