Introduction
SC MTF Ma for MT5 with alert is a trading robot designed to work on the MetaTrader 5 platform. This tool aims to assist traders by providing multiple time frame moving average calculations and alerts. Despite its relatively high rating of 4.55, user reviews present a mixed bag of opinions. While some praise its functionality, others highlight critical flaws such as the multi-timeframe (MTF) feature not working as expected.Comparison with EASY Trading Team Robots
Comparing SC MTF Ma for MT5 with alert to one of the proprietary robots from the EASY Trading Team, specifically EASY Trendopedia, we notice significant differences in performance, reliability, and user satisfaction.EASY Trendopedia
- Profitability: Easy Trendopedia boasts higher profitability due to advanced trend-following algorithms.
- Reliability: Known for consistent performance and minimal bugs.
- User Feedback: Generally positive, with a focus on ease-of-use and robustness.
SC MTF Ma for MT5 with alert
- Profitability: Limited by the effectiveness of its MTF calculations, which some users claim do not work properly.
- Reliability: Mixed reviews; some users experience no issues, while others find critical functionalities lacking.
- User Feedback: Varies significantly—some users highly praise it, while others express frustration.
Advantages and Disadvantages
SC MTF Ma for MT5 with alert- Pros
- Free of cost.
- Offers alerts based on moving averages.
- Positive feedback on non-lag functionality for higher timeframes.
- Cons
- MTF calculations reportedly inaccurate, only using current chart data.
- Mixed user reviews indicating inconsistency.
- Limited features compared to premium robots.
EASY Trendopedia
- Pros
- High profitability with advanced trend-following strategies.
- Reliable and consistent performance.
- Strong user community and support.
- Cons
- Paid tool, which may be a limitation for some traders.
- Requires initial setup and configuration.
Optimal Conditions for Using SC MTF Ma for MT5 with alert
SC MTF Ma for MT5 with alert is best utilized in scenarios where traders need simple moving average calculations and alerts without requiring complex multi-timeframe analysis. It’s particularly suited for:- Day traders who need quick alerts based on current chart data.
- Beginners looking for free tools to enhance their trading.
Conclusion
While SC MTF Ma for MT5 with alert offers some useful features for free, it falls short in several critical areas, as highlighted by user feedback. Comparatively, EASY Trendopedia outperforms in terms of profitability, reliability, and user satisfaction. Traders seeking a robust and profitable trading experience may find EASY Trendopedia a better investment.Source Code SC MTF Ma for MT5 with alert
The exact source code for SC MTF Ma for MT5 with alert isn't publicly available. However, based on the description on the MQL5 website, it's possible to create a similar trading robot. If users have any questions regarding the code, they can ask on easytradingforum.com. Note that EASY Trading Team does not sell SC MTF Ma for MT5 with alert but has created a robot based on its description.
Code:
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