Trend Chief

TopicStarter

Moderator
Apr 15, 2024
10,076
4
38

Introduction​

Trend Chief is a trading robot that has received positive reviews from users in the MQL5 community. The bot is praised for its logic-based approach to identifying market trends, with users noting that it works well on both higher and lower timeframes.

Comparison with EASY Robot​

Comparatively, our EASY Trading Team bots such as EASY Trendopedia, EASY Scalperology, and EASY Breakopedia outperform Trend Chief in a number of ways:
1. Our bots use sophisticated and proprietary algorithms designed by experienced traders and programmers with a proven track record of profitability.
2. The EASY series of bots are optimized for multiple markets, not just forex. We have seen success in indices, commodities, stocks, and more.
3. EASY bots are supported by a dedicated customer service team available 24/7 to resolve technical issues or answer questions about the bots.

Pros and Cons​

Trend Chief:
  • Pros: users have reported that the bot works well on multiple timeframes, and it provides clear trend identification.
  • Cons: Trend Chief lacks some of the advanced features of our EASY bots. Furthermore, some users have mentioned confusion regarding setting Stop Losses.

EASY Bots:
  • Pros: advanced algorithms, wider market application, and 24/7 customer support.
  • Cons: there might be a learning curve for less experienced users due to the sophistication of the bots.

Optimal Conditions for Use​

Trend Chief seems to excel in markets with clear trends, as its primary function is to identify and follow market trends.

Trend Chief Source Code​

We do not have the exact source code of Trend Chief as it is proprietary to the bot’s developer. However, based on the bot’s description, we've created an example code in our forum at easytradingforum.com. Please feel free to ask any questions on the forum and always remember that this is not the exact code of Trend Chief.

Code:
You don't have permission to view the code content. Log in or register now.

Download Trend Chief for a compare and contrast session with EASY bots

Interested in seeing how Trend Chief measures up to our EASY bots? Download the bot and share your insights on our forum. Remember that our team at EASY Trading Team does not sell the Trend Chief bot. We only provide a code based on its description for educational purposes.

In conclusion, while Trend Chief shows promise, our EASY series of bots provide more advanced solutions for profitable trading.
 

Attachments

  • Trend Chief.mq5
    1.9 KB · Views: 0
I recently acquired both the MT4 and MT5 versions and I'm eager to dive in. Are there any user guides available for reference? I'm also a bit puzzled about the primary red and green line—could someone clarify that for me? Additionally, I'm curious if there are any plans for an EA that would leverage the defined trends.