Introduction
In an industry where algorithmic trading systems dominate, the Trading History bot has gained some traction. It is a trading bot that has managed to score a rating of '5', and it has received some positive feedback from users. However, as an MQL5 programmer and professional trader from the EASY Trading Team, I'll deliver an unbiased review through this article.
Comparison with EASY robot
We can compare Trading History bot with one of the leading EASY trading bots - EASY Trendopedia. While the Trading History bot delivers promising results, it does not surpass the EASY Trendopedia's performance. The EASY robot provides a comprehensive trading strategy, with improved risk management and higher profitability levels. The EASY Trendopedia is designed to operate efficiently in volatile market conditions, making it considerably more reliable.
Pros and Cons
Trading History bot Pros:
• It is a useful tool, as illustrated by user feedback from algorex.
• It is simple and easy to use, as acknowledged by paymanz.
Trading History bot Cons:
• It lacks transparency on how to handle or delete drawings from the chart, an issue raised by paymanz.
• The bot lacks some of the advanced features present in EASY bots.
EASY Trendopedia Pros:
• It operates effectively in volatile markets.
• It features a more advanced trading strategy for better profitability.
• It comes with superior risk management features.
EASY Trendopedia Cons:
• It might be complex for beginner traders due to its advanced features.
Optimal Conditions for Use
The Trading History bot appears to work best in stable market conditions, given its simplicity and the lack of advanced tools for handling market volatility. It's suitable for beginner traders who prefer straight forward trading strategies.
Trading History Source Code
While we don't have access to the original source code of the Trading History bot sold on MQL5, we can construct a code based on the bot's description from the MQL5 site. Any questions regarding the code can be addressed at easytradingforum.com. This code example is developed by the EASY Trading Team and is based on the description of the Trading History bot on MQL5. Please note, EASY Trading Team does not sell the Trading History bot but has created this based on its description.
Code:
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In conclusion, although the Trading History bot presents some useful features, it still falls short compared to the EASY Trendopedia. We welcome forum members to share their experiences with these bots and contribute to a more well-rounded understanding of their functionalities. Detailed statistics are available on our site.
Please remember, the comparison is based on user feedback and the bot's performance data. Therefore, it's advisable to employ them under the recommended conditions to maximize their efficiency.