Smart Divergence Dashboard

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Apr 15, 2024
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Introduction​

In this review, we evaluate the trading robot Smart Divergence Dashboard, taking into account user feedback and its performance. We will compare it with one of the EASY series trading robots, specifically EASY Trendopedia. By analyzing their strengths and weaknesses, we aim to provide a comprehensive insight into why an EASY trading robot might be a more profitable and reliable choice.

Comparison with EASY Trendopedia​

Smart Divergence Dashboard and EASY Trendopedia are both designed to enhance trading efficiency. However, there are distinct differences:

  • User Interface: Smart Divergence Dashboard offers divergence signals across multiple charts. However, as [user trick86](https://forexroboteasy.com/trading-robot/smart-divergence-dashboard/#comment-1) suggested, it lacks the option to display different timeframes on the same screen. EASY Trendopedia integrates this feature seamlessly, providing a more user-friendly interface.
  • Performance: Smart Divergence Dashboard relies on divergence signals which work effectively in certain market conditions. On the other hand, EASY Trendopedia uses advanced trend analysis algorithms, which historically have shown more consistent profitability and adaptability across varying market conditions.
  • Reliability: The EASY series, including EASY Trendopedia, undergoes rigorous backtesting and continuous updates from our development team, ensuring high reliability. Smart Divergence Dashboard, although effective, does not demonstrate the same level of ongoing support and updates.

Pros and Cons​

Smart Divergence Dashboard
  • Pros:
    - Effective divergence detection
    - User-friendly dashboard
    - High user rating (5/5)
  • Cons:
    - Limited display options for multiple timeframes
    - Less frequent updates and support
    - Performance variability based on market conditions

EASY Trendopedia
  • Pros:
    - Advanced trend analysis
    - Consistent profitability
    - Regular updates and support from EASY Trading Team
    - Customizable display settings for different timeframes
  • Cons:
    - Potentially higher initial cost
    - Requires familiarity with advanced trading strategies

Optimal Usage Conditions​

Smart Divergence Dashboard works best in markets where divergence signals are clear and can forecast reversals. It is ideal for traders who can actively monitor and interpret divergence patterns.

EASY Trendopedia excels in trending markets where identifying and riding trends is crucial. It suits traders looking for more automated, hands-off trading strategies with reliable performance.

Source Code for Smart Divergence Dashboard​

We don't have access to the original source code for the Smart Divergence Dashboard sold on [MQL5](https://forexroboteasy.com/trading-robot/smart-divergence-dashboard). However, we can create a similar algorithm based on its description. If you have any questions about this code, please ask on the [easytradingforum.com](https://easytradingforum.com).

Code:
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Download Smart Divergence Dashboard Trading Robot​

If you're interested in exploring the Smart Divergence Dashboard, or have questions about similar trading robots, we encourage you to visit [MQL5](https://forexroboteasy.com/trading-robot/smart-divergence-dashboard) and share your thoughts on our forum. Remember, the EASY Trading Team doesn't sell this robot but offers custom code and support based on its description.