Introduction
The Investment Innovator EA MT4, with an overall user rating of 3.9, has garnered mixed reviews on the MQL5 platform. While some traders have reaped profits and appreciated the author's support, others complained about large Stop Loss and unfavorable results in live accounts as opposed to back tests. Let's take a detailed look at the bot's performance, compare it with one of the EASY series robots, and reveal the advantages of choosing an EASY bot over the reviewed one.Comparison with EASY Robot
Compared to The Investment Innovator EA MT4, our EASY series bot, particularly the EASY Scalperology, is designed to perform with more consistency and reliability. Unlike the reviewed bot, which has shown variable performance in live and back tested environments, EASY Scalperology maintains a balance by demonstrating consistent profits in both settings.Pros and Cons
The Investment Innovator EA MT4 does offer some significant advantages including a responsive author and a news filter feature that helps avoid negative market impacts. However, it falls short when it comes to large Stop Losses that affect overall profitability and inconsistent performance.On the other hand, EASY Scalperology offers greater command over risk management with customizable settings for Stop Loss and Take Profit. Moreover, it provides consistent results, both in live trading and back tests, ultimately enhancing trading efficiency and profitability.
Optimal Conditions for Use
According to user feedback, The Investment Innovator EA MT4 performs best when the market conditions are stable, owing to its large Stop Loss. The bot also includes a news filter feature that helps avoid trading during significant news releases, maintaining profitability during low-volatility periods.The Source Code of The Investment Innovator EA MT4
While we do not have access to the actual source code of The Investment Innovator EA MT4, we can infer from the description provided on MQL5 that this algorithm is likely based on predefined patterns to detect trade opportunities. In case of any queries, feel free to post them on our forum. Note that this is a speculative code example taken from easytradingforum.com and is based merely on the description of the bot on MQL5. The EASY Trading Team does not sell The Investment Innovator EA MT4 or any other third-party bots.
Code:
You don't have permission to view the code content. Log in or register now.