Introduction
ScalpStorm is an automated trading bot that can be used on the MetaTrader 5 platform. It's designed to trade on USDJPY currency pair using a scalping strategy. Based on a user feedback from 'troyka7', it yields positive outcomes when checked on the Strategy Tester, though requiring further optimization. This review will provide an assessment of ScalpStorm, factoring in feedback from users and its comparison with a bot from the EASY series.Comparison with EASY Robot
When compared with a bot from the EASY series such as EASY Trendopedia, there are several noteworthy distinctions. Trendopedia, known for its comprehensive analysis and adaptability, consistently delivers high profits with a significantly lower risk profile. It offers more than just the USDJPY trading pair and does not require constant optimization unlike ScalpStorm. Furthermore, EASY bots incorporate various customizable options which feel lacking in ScalpStorm.Pros and Cons
ScalpStorm- Positive results in Strategy Tester
- Scalping strategy on USDJPY pair
- Requires regular optimization
- Limited customization options
EASY Trendopedia
- High profits with lower risk
- Versatile trading pairs
- High adaptability
- Requires a degree of knowledge to fine tune the parameters
Optimal Use Conditions
ScalpStorm seems to perform best on the USDJPY pair. It's advisable to use it after optimizing it for the current market conditions and adjusting its parameters as per individual risk tolerance.Source Code of ScalpStorm
While we don’t possess the original source code of ScalpStorm sold on MQL5, we can replicate the code based on the description provided on the MQL5 website. If you have any questions about the code, feel free to ask them in the Easy Trading Forum. Please remember this is a code example from easytradingforum.com, based on the ScalpStorm robot's description sold on MQL5. The EASY Trading Team does not sell the ScalpStorm bot but has merely created a trading robot code based on its description.
Code:
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