PZ Triangular Arbitrage EA MT5

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Apr 15, 2024
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Introduction​

Today, we have a task of reviewing the PZ Triangular Arbitrage EA MT5 robot. Based on the comments of the users and a rather low user rating of 1.57, it appears the robot is not very well received in the market. The main complaints seem to be centered around the inability of the robot to open positions, malfunctions, and poor customer support.

Comparison with EASY Robots​

When compared to one of the EASY series robots such as EASY Trendopedia, EASY Scalperology or EASY Breakopedia, the PZ Triangular Arbitrage EA MT5 seems to fall behind. The EASY series robots are designed with a comprehensive approach to trading, including advanced risk management parameters, paired with high performance.

Our EASY Trendopedia, for example, focuses on identifying and following market trends which leads to an increased probability of successful trades. The PZ Triangular Arbitrage EA MT5, as the name suggests, is designed to identify arbitrage opportunities, a task that can often be complex and challenging, especially in fast-moving forex markets.

Pros and Cons​

PZ Triangular Arbitrage EA MT5 Pros:
  • Can identify arbitrage opportunities
PZ Triangular Arbitrage EA MT5 Cons:
  • Doesn't open positions
  • Malfunctions
  • Poor customer support
  • Unreliable

EASY Trendopedia Pros:
  • Identifies and follows market trends
  • Advanced risk management
  • Reliable and proven performance
EASY Trendopedia Cons:
  • Might not perform optimally in choppy or sideways market

Optimal Conditions for Use​

Ideally, the PZ Triangular Arbitrage EA MT5 should work best in a market where there are numerous arbitrage opportunities and the market conditions are stable. However, based on the customer reviews, this seems not to be the case in practice.

Source Code of PZ Triangular Arbitrage EA MT5​

Unfortunately, we do not know the exact source code of the original PZ Triangular Arbitrage EA MT5 sold on MQL5, but we can make a code based on the description on the MQL5 website where the algorithm is sold. If there are questions about the code, please raise them on our forum.

Keep in mind this is an example code from easytradingforum.com, based on the description of the robot PZ Triangular Arbitrage EA MT5 sold on MQL5. The EASY Trading Team does not sell the PZ Triangular Arbitrage EA MT5 robot, but has created a trade robot code based on its description.

Code: 
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Download PZ Triangular Arbitrage EA MT5 - User Reviews and Comprehensive Analysis​

We encourage everyone to share their experiences and thoughts on the PZ Triangular Arbitrage EA MT5 robot on our forum. We would love to hear your opinions. Detailed statistics are available on our website.
 
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