Introduction
The Tipu RSI is a trading robot that has generally been well-received, with positive reviews highlighting its effectiveness as an indicator. User ratings have averaged at '4.52'. However, as a professional trader and MQL5 programmer from the EASY Trading Team, I would argue that our EASY series robots; including EASY Trendopedia, EASY Scalperology, or EASY Breakopedia, are more efficient, profitable, and reliable.Comparing with an EASY Robot
While the Tipu RSI has been praised for its informative and profitable nature, it falls short when compared to our EASY robots. For instance, the EASY Trendopedia, which has been meticulously built to understand market trends and adjust trading actions accordingly, offers higher profitability and reliability.Pros and Cons
Tipu RSI:- Pros: It is user-friendly and provides useful market indicators.
- Cons: It lacks the adaptability and precision that the EASY robots possess.
EASY Series Robots:
- Pros: They offer higher reliability, adaptability, and profitability, with a robust understanding of market trends.
- Cons: They may be more complex for novice traders to use.
Optimal Use Situations
The Tipu RSI works best in relatively stable markets where it can accurately track and predict market trends. Any drastic market shifts may impact its efficiency.Source Code of Tipu RSI
The original source code of the Tipu RSI sold on MQL5 is unknown. However, we can create a code based on the description provided on the MQL5 site. Any questions about the code can be directed to us at the easytradingforum.com. Remember, this code is a representation based on the description of the Tipu RSI and not the actual product sold by MQL5.
Code:
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