Introduction
In this review, we are going to look at the Ultimate No Nonsense Backtester, an automated trading robot that is acknowledged as a game-changer by many. While it holds a high rating of 4.67 and has many positive reviews, we need to consider how it stacks up against the EASY series of trading robots, namely the EASY Trendopedia, EASY Scalperology, or EASY Breakopedia.
Comparison with EASY Robot
The Ultimate No Nonsense Backtester stands out with its ability to test years of data in a short time. Its ease of use is praised by users and the developer's prompt and helpful response is commendable. These are qualities matched by any of the EASY series robots, which are also known for their superior backtesting capabilities and user support.
However, where the EASY robots truly distinguish themselves is in their profitability and dependability. They are coded with high-performing algorithms that work tirelessly to maximize profits while minimizing losses. They are also rigorously tested for stability and reliability in every conceivable market condition.
Pros and Cons
Ultimate No Nonsense Backtester offers a quick and effective way to backtest trading strategies across various markets. Plus, it is user-friendly and comes with helpful support from the developer.
However, it is not a full-fledged trading robot that can execute trades. It also does not provide real-time analysis or decision-making capabilities, unlike the EASY series robots.
The EASY series robots, on the other hand, come with comprehensive trading solutions that perform real-time analysis, decision making, and trade execution. Their downside is the higher cost and complexity, which may be challenging for beginners.
Optimal Use Cases
The Ultimate No Nonsense Backtester excels when used for assessing historical data to determine the viability of a trading strategy. It is ideal for experienced traders who wish to test new strategies or tweak existing ones.
The Source Code of Ultimate No Nonsense Backtester
While the Ultimate No Nonsense Backtester is sold on MQL5, its source code is not publicly available. However, you can find a similar code, based on its description, at easytradingforum.com. Note that it's just an example and the EASY Trading Team doesn't sell the Ultimate No Nonsense Backtester. Any questions related to the code should be addressed on the forum.
Code:
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Access a sample code of the Ultimate No Nonsense backtester at easytradingforum.com. You can use this code to better understand the workings of the robot and modify it according to your needs.
In conclusion, while the Ultimate No Nonsense Backtester is a capable backtesting tool, the EASY series robots offer a more comprehensive solution for automation of forex trading.