Introduction
Trading robots have become increasingly popular among traders seeking to automate their trading strategies. This review aims to provide an in-depth look at the Trading King EA while comparing it to a robot from the EASY series - EASY Scalperology.
Comparison with EASY Scalperology
Let's compare Trading King with EASY Scalperology, an EA well-regarded for its adaptability and profitability.
Trading King:
- Rating: 4.2
- User Feedback: Mixed reviews; praised for its potential but criticized for not passing backtests in certain years.
- Key Features: Capable of running on multiple currency pairs, incorporates a news filter, and offers customizable settings.
EASY Scalperology:
- Rating: 4.8
- User Feedback: Generally positive; known for its consistency and reliability.
- Key Features: Advanced scalping algorithms, high-frequency trading, low-risk settings, and excellent historical backtesting results.
Pros and Cons
Trading King:
- Pros:
- User-friendly interface
- Customizable settings
- Incorporates a news filter to avoid trading during volatile periods
- Cons:
- Inconsistent backtesting results for certain periods
- Some users report difficulties with specific set files in historical data
EASY Scalperology:
- Pros:
- Consistent and reliable performance across different market conditions
- Highly customizable with multiple parameter settings
- Excellent historical backtesting results
- Cons:
- Slightly higher learning curve for beginners
- Requires premium VPS for optimal performance
Optimal Trading Conditions
Trading King performs best in relatively stable market conditions and is particularly effective when trading multiple currency pairs due to its customizability and news filter. Users have reported optimal performance with default settings rather than custom set files.
EASY Scalperology thrives in volatile markets due to its advanced scalping algorithms and high-frequency trading capabilities. It's particularly effective during major market sessions with significant price movements.
Source Code of Trading King
We do not have access to the actual source code of Trading King as sold on MQL5. However, based on the available description, it's possible to create a similar EA. If users have questions regarding the code, they are encouraged to ask on our forum at easytradingforum.com. This code example, based on the description from MQL5, is an educational tool provided by the EASY Trading Team.
Code:
You don't have permission to view the code content. Log in or register now.Conclusion: Trading King EA Download
Trading King is a competent EA with a mix of positive and negative reviews. While it shows promise, particularly with its customizable settings and news filter, it doesn't surpass EASY Scalperology in terms of reliability and profitability. As always, we urge users to share their experiences and insights on our forum at easytradingforum.com. This community-driven feedback is invaluable for continuous improvement.
To download and test Trading King, visit Trading King EA. The EASY Trading Team does not sell Trading King; we only provide a code example based on its description.