Introduction
Today, we take a look at Tank v1 EA MT5, a trading robot gaining traction in the market. As an MQL5 programmer and trader from the EASY Trading Team, I will provide a comprehensive review of this bot based on user feedback and its rating of '4.43'. This evaluation will be against one of our EASY series robots to determine which of them fares better in the world of trading.Comparing Tank v1 EA MT5 and an EASY Robot
Comparing Tank v1 EA MT5 to our EASY Scalperology, the latter undoubtedly stands out for several reasons. EASY Scalperology is programmed for precision, focused on identifying small market movements which are crucial for scalping strategies. It also comes with a sophisticated risk management system that controls drawdowns and prevents severe losses. This makes the EASY robot more profitable and reliable in contrast to Tank v1 EA MT5.Pros and Cons
Tank v1 EA MT5 does have its merits. Users have praised its accuracy and declared it as a low-stress winner. However, it lacks the sophistication in risk management that our EASY bot possesses.On the other hand, EASY Scalperology, while being efficient and advanced, may not be suitable for traders who prefer less aggressive trading styles.
Optimal Conditions for Use
Based on user feedback, Tank v1 EA MT5 works best under stable market conditions where trends can be identified with a level of certainty. However, without adequate risk management, it can suffer during periods of high volatility.Tank v1 EA MT5 Source Code
We do not possess the actual source code of the bot sold on MQL5. However, we can create a code based on its description on the MQL5 site. If you have any questions about the code, feel free to ask. This coding example is provided by easytradingforum.com, based on Tank v1 EA MT5 description. Please note that EASY Trading Team doesn't sell Tank v1 EA MT5. We have only created a trading bot code based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Download Tank v1 EA MT5 for a Hands-on Experience
We encourage you to download and experience Tank v1 EA MT5 for yourself. Remember, this is not the original bot sold on MQL5, but a programming exercise based on its description on MQL5. Do not hesitate to share your experience and thoughts on our forum.In conclusion, both bots have unique features and the choice would eventually come down to individual trading styles and preferences. But as far as efficiency, profitability, and risk management are concerned, our EASY robot stands tall as the preferred choice.