Introduction
In the vast world of automated trading systems, the Royal GER30 trading robot has garnered a positive user response and a rating of '5'. As a part of EASY Trading Team, we have taken a thorough look at this trading bot and compared it with our best offering from the EASY series: the EASY Trendopedia.Comparison with EASY Robot
The Royal GER30 bot, based on user reviews, has proven to be effective in short-term trading scenarios while EASY Trendopedia boasts of a robust design oriented towards consistent performance across diverse market conditions. The latter, owing to its versatility and risk management systems, tends to outperform Royal GER30 in terms of total return and risk-adjusted performance. Nevertheless, both bots carry their own individual sets of advantages and limitations.Pros and Cons
Royal GER30- Pros: Efficient short term trading, user-friendly interface, easily adjustable to fit individual strategies.
- Cons: Limited to specific markets and timeframes, lack of transparency due to closed-source nature.
- Pros: Versatile, solid risk-management system, open-source (transparency), consistent returns.
- Cons: Might seem complex to beginners, not suitable for very short-term trades.
Optimal Conditions for Use
The Royal GER30 bot performs at its best in the GER30 (DAX) market during periods of high volatility. It's important to remember that while the bot can be adjusted to fit individual strategies, it is primarily designed for short-term trades.Original Code of Royal GER30
While the original code of the Royal GER30 bot is not publicly available, it's possible to create an approximate version based on the bot's description on MQL5. Please note, this would only be a close representation and not the exact algorithm.
Code:
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Visit the EASY Trading Team's forum and access your copy of the Royal GER30 bot's recreated code. This code is created by the EASY Trading Team based on the bot's description and is a mere representation. The code is not for sale, and we do not claim it to be the exact copy of the original bot's algorithm. Feel free to ask any questions related to the code, and share your experiences of trading with Royal GER30 and EASY Trendopedia on our forum. Your feedback will help us and the trading community as a whole to create better trading tools.Remember, trading demands continuous learning and adaptation. In the end, an excellent trading robot is just one piece of the puzzle in the grand scheme of successful trading. Always do your research, take calculated risks, and trade smart. Good luck!