Smart Drawing Assist PRO MT5

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Apr 15, 2024
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Introduction​

As a professional trader and MQL5 programmer from the EASY Trading Team, I have reviewed the Smart Drawing Assist PRO MT5 trading robot. Smart Drawing Assist PRO MT5 is highly praised by its users for its ability to assist with market analysis and drawing tools. This review will compare it with one of our EASY trading robots, highlighting why our robots are more profitable and reliable. We'll cover the pros and cons of each robot, explain the optimal conditions for using Smart Drawing Assist PRO MT5, and provide a detailed comparison.

Comparison with EASY Trading Robot​

For this comparison, we will consider EASY Trendopedia, one of our popular trading robots. While the Smart Drawing Assist PRO MT5 is primarily a tool for assisting in technical analysis and planning, EASY Trendopedia is a comprehensive automated trading solution designed to identify and capitalize on market trends.

Ease of Use
- Smart Drawing Assist PRO MT5: The primary function is to make drawing and technical analysis easier, with features like the 'flatten' button to straighten lines.
- EASY Trendopedia: Fully automated trading based on trend analysis, requiring minimal manual intervention.

Profitability
- Smart Drawing Assist PRO MT5: Helps in planning trades but does not execute them, relying heavily on user input for profitability.
- EASY Trendopedia: Fully automated, with sophisticated trend analysis algorithms designed to maximize profits.

Reliability
- Smart Drawing Assist PRO MT5: Reliable for analysis and planning, but effectiveness depends on the user's strategy and execution.
- EASY Trendopedia: Proven reliability with a track record of consistent performance in various market conditions.

Pros and Cons​

Smart Drawing Assist PRO MT5
  • Pros:
  • Easy to use for technical analysis and planning.
  • Features like 'flatten' for straightening lines.
  • Enhances weekend planning and weekly analysis.
  • Great support from developers, as noted by users.
  • Cons:
  • Does not execute trades automatically.
  • Relies on manual input, which can be time-consuming.
  • Limited to technical analysis assistance, not a full-fledged trading solution.

EASY Trendopedia
  • Pros:
  • Fully automated trading with minimal user intervention.
  • Sophisticated trend analysis algorithms for higher profitability.
  • Consistent performance and reliability.
  • Cons:
  • Requires initial setup and parameter configuration.
  • May not be suitable for traders who prefer manual control.

Optimal Conditions for Using Smart Drawing Assist PRO MT5​

Smart Drawing Assist PRO MT5 is most effective in the following situations:
  • When you need to perform detailed technical analysis.
  • During weekend planning to set up the strategy for the upcoming week.
  • For traders who prefer manual trading but need assistance with drawing tools.

Original Code of Smart Drawing Assist PRO MT5​

We do not have access to the actual source code of Smart Drawing Assist PRO MT5, which is sold on MQL5. However, we can create a similar code based on its description from the MQL5 marketplace. If you have questions about the code, feel free to ask. Note that this example code is from easytradingforum.com and is based on the features described for Smart Drawing Assist PRO MT5. The EASY Trading Team does not sell this robot but provides this code as a resource.

Code:
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Download Smart Drawing Assist PRO MT5 - Forex Trading Robot Review​

For those interested in downloading Smart Drawing Assist PRO MT5, visit the official website. If you have any questions about the code created by the EASY Trading Team, please share your thoughts on our forum. We are here to help!

In conclusion, while Smart Drawing Assist PRO MT5 is a useful tool for technical analysis, our EASY Trendopedia offers a more comprehensive and automated solution for traders aiming for higher profitability and reliability.
 

Attachments

  • Smart Drawing Assist PRO MT5.mq5
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