Introduction
The trading robot Show Pips, available on MQL5, has garnered mixed reviews from users. It currently holds a rating of 4.31, making it a fairly popular choice among traders. In this review, we will evaluate Show Pips based on user comments and compare it to one of our own EASY series robots, EASY Trendopedia. Our goal is to provide a balanced overview highlighting the strengths and weaknesses of Show Pips and why EASY Trendopedia might be a better alternative.Comparison with EASY Trendopedia
Show Pips:- Amun76: Super Robota Polecam .
– rated 4- Sunny Ho: Good tool. Put important info (P/L, bar time) right next to the current bar. – rated 5
- Amir Eslamloo: Thanks for the indicator, please help! because the execution that can be done my market will take place after a few minutes. – rated 0
- Miguel Jimenez Cordero: Good job. – rated 4
- Glyn Robert Williams: not working on my broker - maybe the suffix on the symbol. – rated 1
EASY Trendopedia:
EASY Trendopedia is designed to be a robust and reliable trading robot focused on trend analysis. It offers exceptional performance in dynamic market conditions, consistently outclassing competing robots such as Show Pips.
- Reliability: EASY Trendopedia excels in reliability due to its sophisticated algorithm, built on extensive backtesting and real-time performance data.
- Profitability: Our robot consistently delivers higher profit margins, thanks to advanced trend-detection mechanisms.
- User Support: The EASY Trading Team provides comprehensive support, making it easier for traders to troubleshoot and optimize their strategies.
- Compatibility: Designed to work seamlessly across multiple brokers, eliminating compatibility issues seen with Show Pips.
Pros and Cons
Show Pips- Pros:
- Displays critical info like P/L and bar time next to the current bar.
- Easy to use for beginners. - Cons:
- Mixed user feedback regarding execution delays.
- Compatibility issues, especially with brokers using symbol suffixes.
- Limited features compared to advanced trading robots.
EASY Trendopedia
- Pros:
- Highly reliable with superior trend-detection capabilities.
- Consistent profitability across various market conditions.
- Robust customer support and active user community.
- High compatibility with multiple brokers. - Cons:
- Slightly higher learning curve for beginners.
Optimal Usage Conditions
Show Pips works best in stable market conditions where quick access to P/L and bar time is crucial. It is particularly useful for traders who need instant on-chart data visualization, allowing for faster decision-making. However, its performance can be hindered by broker-specific issues and execution delays.Conclusion
While Show Pips offers some useful features for novice traders, it falls short in terms of reliability and compatibility. EASY Trendopedia, on the other hand, provides a more robust, profitable, and user-friendly alternative. We encourage users to share their opinions and experiences on our forum to continuously improve our offerings.Show Pips Source Code
We do not have access to the original source code for Show Pips. However, based on its description on MQL5, it’s possible to create a similar code. If you have any coding questions, feel free to ask on easytradingforum.com. Please note that our team does not sell Show Pips but has created similar robots based on publicly available descriptions.
Code:
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