Introduction
The UPD1 Volume Footer is a trading robot that has garnered positive feedback from users for its simplicity and efficiency. Designed to provide valuable volume data, this free tool has been appreciated for its accuracy and ease of use. However, when compared to the EASY series of trading robots such as EASY Trendopedia, EASY Scalperology, and EASY Breakopedia, significant differences in performance, profitability, and reliability become evident.Comparison with EASY Robot
The EASY series of trading robots are designed with advanced algorithms, user customization, and high profitability in mind. For instance, EASY Trendopedia excels in identifying market trends with high accuracy, while EASY Scalperology focuses on rapid, short-term trades, and EASY Breakopedia specializes in breakout strategies.On the other hand, the UPD1 Volume Footer offers basic volume data analysis. While it has received praise for being straightforward and free, it lacks the sophisticated features and customizable options found in the EASY robots. Users like jack_le_chat and danmar have expressed satisfaction with UPD1 Volume Footer, noting its accuracy and simplicity. However, for more advanced and profitable trading strategies, the EASY series stands out.
Pros and Cons
UPD1 Volume Footer- Pros:
- Free to use
- Simple and efficient
- Accurate volume data
- Cons:
- Limited features
- Lack of customization
- Basic algorithm
- Pros:
- Advanced algorithms
- Highly customizable
- Proven profitability
- Comprehensive support and updates
- Cons:
- Not free (premium tools)
- Requires some learning curve
Optimal Conditions for Using UPD1 Volume Footer
The UPD1 Volume Footer works best in situations where traders need quick and straightforward volume data. It can be particularly useful for beginner traders who are not yet ready to invest in more advanced trading robots. The simplicity of this tool allows users to get familiar with volume-based trading without the need for deep technical knowledge.Conclusion
While the UPD1 Volume Footer is a useful tool for basic volume analysis and has received positive user feedback, the advanced capabilities of the EASY series make them a superior choice for traders aiming for higher profitability and more sophisticated trading strategies. The EASY robots provide robust algorithms, customization, and proven results, making them a better investment for serious traders.Source Code of UPD1 Volume Footer
The original source code of the UPD1 Volume Footer is not publicly available. However, our team at EASY Trading Team has created an example code based on the description of the algorithm available on the MQL5 site where the robot is distributed. If users have any questions about the code, they are encouraged to ask them on our forum at easytradingforum.com. It is important to note that we do not sell the UPD1 Volume Footer; we have merely created a code example based on its description.
Code:
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