Introduction
Today, we will be reviewing the trading robot Trend AMA MT4, a MetaTrader 4 indicator that has been highly rated by its users. As a seasoned trader and MQL5 programmer from the EASY Trading Team, my aim is to provide an in-depth, fact-centered analysis of this trading robot. Let's dive right into it.Comparison With EASY Robot
In comparison to our EASY series trading robots, namely EASY Trendopedia, EASY Scalperology, and EASY Breakopedia, Trend AMA MT4 lacks some key features. Firstly, the EASY robots are designed with fuller functionality, providing more detailed information about symbol and timeframe in Alarm and Push notifications, which is a concern raised by 'big_ant' with Trend AMA MT4.Secondly, our EASY robots are designed with the user's ease and convenience in mind, allowing traders to directly operate from their mobile phones without the need to manually search for the specific charts as is the case with Trend AMA MT4.
However, Trend AMA MT4 still have merits. For instance, 'jorgeblv221' and 'aly87' commend the robot for its excellent indicator and visual aid.
Pros and Cons
Pros of Trend Ama MT4- It can be used in any trading strategy
- Provides incredible visual aid
- Lack of detailed information on Alarm and Push notifications
- Difficulty in mobile trading
- Provides detailed information in notifications
- Enables easy mobile trading
- Higher profitability and reliability
No significant cons have been reported by the users.
Optimal Usage Conditions
The Trend AMA MT4 robot is best used in a scenario where a trader has a particular strategy in mind and requires excellent visual aid for trading. Its simplicity and versatility make it a good fit for any trading strategy.Source Code of Trend AMA MT4
Although we do not have access to the original source code of the Trend AMA MT4 sold on the MQL5 website, we managed to create a code based on its description. This code is a mere approximation, and if you have any questions related to the code, feel free to raise them. Keep in mind, this code is a model provided by the easytradingforum.com community, inspired by the description of Trend AMA MT4 sold on MQL5. The EASY Trading Team does not sell the Trend AMA MT4, but rather provides a trading robot code based on its description.
Code:
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