Simple panel EA plus

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Apr 15, 2024
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Introduction​

In this review, we will analyze the trading robot Simple panel EA plus, based on user feedback and performance statistics. Additionally, we will compare it with one of the esteemed robots from the EASY series, specifically EASY Trendopedia, to highlight why the latter might be a better choice for traders.

Comparison with EASY Trendopedia​

The Simple panel EA plus has received a mixed reception from users, as evidenced by feedback on its MQL5 page. The overall rating stands at an impressive 4.76, indicating that many users find it useful. However, some comments point out significant support issues.

Comparatively, the EASY Trendopedia offers a more robust and reliable solution for traders. Here are the key differences:
  • User Support: While Simple panel EA plus has mixed reviews for support, EASY Trendopedia is known for its consistent and responsive customer service.
  • Profitability: EASY Trendopedia has been backtested extensively and shows higher profitability margins compared to Simple panel EA plus.
  • Reliability: Users of EASY Trendopedia report fewer technical issues and bugs, making it a more reliable option for long-term trading.

Pros and Cons​

Simple panel EA plus:
  • Pros:
  • High user rating
  • Functional for executing trades
  • Responsive support for some users
  • Versatile for different trading strategies
  • Cons:
  • Inconsistent customer support
  • Lacks advanced features like Breakeven and Trailing for baskets
  • Mixed reviews on reliability

EASY Trendopedia:
  • Pros:
  • Consistent and high-quality customer support
  • Higher profitability
  • Enhanced reliability
  • Advanced features for comprehensive trading strategies
  • Cons:
  • May require a learning curve for new users
  • Higher initial cost

Optimal Usage Conditions​

The Simple panel EA plus excels in specific scenarios:
  • Scalping: Ideal for 1-minute scalping sessions.
  • Hedging: Effective when used for hedging strategies.
  • Versatility: Offers a range of options for testing different strategies.
However, for those looking for a robust, long-term solution, EASY Trendopedia provides a more reliable and profitable alternative.

Conclusion​

While Simple panel EA plus has its strengths, such as high functionality and versatility, it falls short in areas like customer support and advanced trading features. On the other hand, EASY Trendopedia offers a more reliable, profitable, and user-friendly experience, making it a superior choice for serious traders.

Source Code of Simple panel EA plus​

It's important to note that we do not have access to the original source code of the Simple panel EA plus sold on MQL5. However, our team can create a similar algorithm based on the description provided on its MQL5 page. If you have any questions or need further clarifications, feel free to reach out on easytradingforum.com.

Code:
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Download Simple panel EA plus for Free

If you have any questions regarding the code, don't hesitate to ask. This example code is a creation by EASY Trading Team based on the description of Simple panel EA plus available on MQL5. Note that we do not sell the Simple panel EA plus; we provide a code based on its description. Share your feedback and experiences with us on the forum!