Introduction
UT bot alert has emerged as a notable trading robot in the Forex market. Judging from the comments of users and its rating of '4.67', it appears to be well-received by traders. However, as an expert trading bot developer, I feel compelled to compare it to our EASY series robots and provide a deeper analysis.Comparison with EASY Robot
While UT bot alert is praised for its accuracy, two things are clear from user reviews: the bot requires the user to wait for the entry and the closing of a candle(bar), and it works best when used in conjunction with other indicators like the hull suite. This suggests a certain level of management is required on the user's end. In contrast, EASY Trendopedia, Scalperology, or Breakopedia, are designed to provide highly automated trading experiences with minimal user intervention.Furthermore, EASY bots stand out in terms of profitability and reliability. Our sophisticated algorithms are developed based on comprehensive market analysis and advanced trading strategies which is a significant edge over UT bot alert.
Pros and Cons
UT bot alert Pros:- Accuracy in entry points
- Compatiblity with other indicators
UT bot alert Cons:
- Lacks full automation
- Requires user management
Contrarily, EASY bots are fully automated, highly profitable, and reliable. However, they might require an understanding of trading principles to fully optimize their use.
Optimal Conditions for Use
As per user reviews, UT bot alert works well across all time frames. However, for optimal results, users must wait for the bot to give the entry, then wait for the candle(bar) to close.UT bot alert Source Code
While we cannot provide the original UT bot alert's source code (as it is sold on MQL5), we can create a code based on the bot's description from the MQL5 site.Please note that the code is an interpretation by easytradingforum.com. EASY Trading Team does not sell the UT bot alert, but we have created a trading robot code based on its description.
If you have questions about the code, feel free to ask. We are here to assist.
Code:
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