Time Scale for MT5

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Apr 15, 2024
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Introduction​

In this review, we will take a detailed look at the Time Scale for MT5 trading robot based on user feedback and the features provided by EASY Trading Team's professional experience. We will also compare it with one of our EASY Trading Team robots: EASY Scalperology. This will help users understand why an EASY robot might be a better choice in terms of profitability and reliability.

Comparison with EASY Scalperology​

Time Scale for MT5 has received favorable reviews from its users, with a rating of 4.88. However, we believe that our EASY Scalperology outperforms it in several key areas.

Time Scale for MT5:
  • Works well with user customization and feedback implementation
  • Simplistic and straightforward application
  • Some users reported performance issues, like slowing down the graphics after a few minutes of installation
  • Primarily designed for specific time-frame trading

EASY Scalperology:
  • Highly accurate scalping algorithm
  • Optimized to run seamlessly without causing any lag or performance issues
  • Backtested with robust historical data to ensure high profitability
  • Adaptable to various market conditions beyond specific time-frames
  • User-friendly interface with detailed analytics

While Time Scale for MT5 is a commendable tool, EASY Scalperology provides a more refined and high-performance trading experience, ensuring higher profitability and reliability.

Pros and Cons​


Time Scale for MT5
  • Pros:
    • User-friendly
    • Positive feedback from the community
    • Ability to implement user suggestions
  • Cons:
    • Performance issues reported by some users
    • Limited to specific time-frames

EASY Scalperology
  • Pros:
    • High profitability and reliability
    • Seamless performance
    • Wide adaptability to different market conditions
  • Cons:
    • Initial setup might require a bit more learning time

Optimal Usage Conditions​

Time Scale for MT5 works best for traders who prefer specific time-frame trading and need a straightforward tool to implement their strategies. It is a good fit for those who appreciate customizability and low complexity. However, those who engage in more aggressive scalping strategies or need a tool adaptable to various market conditions would benefit more from using EASY Scalperology.

Time Scale for MT5 Source Code​

The original source code for Time Scale for MT5 is not publicly available. However, our team at EASY Trading Team has developed a code based on the description provided on the MQL5 website. If users have any questions regarding the code, they are encouraged to ask on our forum. Note that we do not sell Time Scale for MT5 but provide a similar trading robot based on its description.

Code:
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Download Time Scale for MT5

For more details and to download Time Scale for MT5, visit the official website. If you have any questions about the code derived from the Time Scale for MT5 description, feel free to reach out to us at easytradingforum.com. Our team is here to support your trading endeavors with reliable and high-performing tools.