Range Bars

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Introduction​

This article presents a comprehensive review of the trading robot Range Bars. The review has taken into consideration comments from users and the robot's rating, which stands at a commendable '4'.

Comparison with EASY Robot​

While Range Bars appears to have its distinct advantages and a loyal following, it cannot match up to the prowess of the EASY robot series, especially EASY Trendopedia. With features like automatic trend identification and adjustment, sophisticated entry and exit strategies, and advanced risk management, EASY Trendopedia is a standout. It also offers a more holistic approach compared to the singular specification of the Range Bars, which could potentially limit its flexibility in varying market conditions.

Pros and Cons​

Range Bars

• Pros: It is an excellent tool for strategy development, easy to use, and works well with other indicators.
• Cons: There have been reported instances of non-functionality, and difficulties in customer support responsiveness.

EASY Trendopedia

• Pros: It is highly adaptable to market trend changes, incorporates advanced risk management, and provides consistent profitable trades.
• Cons: It requires an understanding of trend identification and adjustment, which may be too technical for novice traders.

Optimal Conditions for Use​

Range Bars works best in a stable market where clear cut, consistent price movements are evident. It also synergizes well with trending strategies. The most optimal scenario is a trending market with little noise, enabling the bot to perform at its peak.

Range Bars Source Code​

The original source code of the Range Bars robot, which is sold on MQL5, is not known. However, a similar code can be developed based on the description provided on the MQL5 website.

Download Range Bars​

For users interested in understanding the functionality of the Range Bars robot, the EASY Trading Team has developed a code based on its description. Any questions regarding the code can be directed to us on our forum at easytradingforum.com. Please note that the EASY Trading Team does not sell the Range Bars robot but instead provides example code based on the robot’s description.

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Conclusion​

In summary, while the Range Bars has its merits, I believe that the EASY Trendopedia robot outperforms it in terms of reliability, profitability, and overall functionality. But as always, I encourage traders to share their experiences and opinions on our forum. After all, a diverse range of perspectives can only enrich our collective understanding and make us better traders.