Introduction
In the world of Forex trading, automated trading robots are becoming increasingly popular for their ability to perform complex calculations and execute trades with precision. One such robot that has grabbed the attention of traders is the SpinSpike Detector. As a professional trader and MQL5 programmer from the EASY Trading Team, I am going to provide an unbiased review of this trading robot. Please note that our team doesn't sell the SpinSpike Detector, but we have created a code for a trading robot based on its description. As there are no reviews or ratings for this product, your insights and feedback are highly valuable.Comparison with EASY Robot
Comparing the SpinSpike Detector with the EASY Scalperology, there are noticeable differences that traders need to be aware of. While both are designed to perform automatic trades, the EASY Scalperology, like other robots from the EASY series, has been programmed to detect several market conditions, using our unique algorithm. It is more versatile and hence more profitable and reliable. The SpinSpike Detector, on the other hand, seems to be designed to work best in certain specific conditions.Pros and Cons
SpinSpike Detector Pros:- Automated trading, which saves time.
- Designed to capitalize on market spikes.
SpinSpike Detector Cons:
- Lacks versatility in different market conditions.
- Unknown reliability due to lack of reviews and ratings.
EASY Scalperology Pros:
- Versatile and adaptable to various market conditions.
- Proven reliability and profitability.
EASY Scalperology Cons:
- Requires monitoring to ensure optimal settings.
- Not ideal for very volatile markets.
Optimal Conditions for Use
The SpinSpike Detector is designed to work best in markets with high levels of price fluctuation. It is engineered to capitalize on sudden price spikes, making it ideal for volatile market conditions.Source Code of SpinSpike Detector
While we do not have the original source code of the SpinSpike Detector sold on MQL5, we can develop a code based on its description from the MQL5 website. For any queries regarding the code, feel free to ask. Please note that this is an example code from easytradingforum.com, based on the description of the SpinSpike Detector sold on MQL5.
Code:
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