Introduction
The WH Range BreakOut MT5 is a trading robot specifically designed to identify and trade breakouts in the market. The bot utilizes a time window to specify the range for the breakout and uses its algorithm to enter trades when a breakout is detected. A user known as dpdata has given it a 5-star rating and commented that it is a Really a very good breakout indicator.
Comparison with EASY Robot
Even though WH Range BreakOut MT5 has garnered some positive reviews, when compared to a bot from the EASY series such as EASY Trendopedia, it falls short in several areas. The EASY Trendopedia is designed with a more sophisticated algorithm and has been tested extensively to provide higher profit margins and increased reliability.
As for user-friendliness, EASY Trendopedia is easier to set up and use than the WH Range BreakOut MT5. Furthermore, EASY bots have a dedicated customer support team that offers swift assistance to users, making them more dependable.
Pros and Cons
WH Range BreakOut MT5
- Pros: Good breakout detection, user-friendly, and adaptable to changing market conditions.
- Cons: Limited to only one trading strategy, not as reliable as the EASY bots, and can be challenging to set up for beginners.
EASY Trendopedia
- Pros: Uses advanced algorithm, higher profit margins, reliable, user-friendly, and excellent customer support.
- Cons: Might be slightly overwhelming for absolute beginners due to its sophisticated functionalities.
Optimal Conditions for Use
The WH Range BreakOut MT5 robot works best in volatile markets where breakout opportunities are more likely. A clear trending market with significant price movements provides the optimal conditions for this bot to profit from breakouts.
Source Code of WH Range BreakOut MT5
While the actual source code for the original WH Range BreakOut MT5 robot sold on MQL5 is not known, a code based on the robot's description from the MQL5 website can be created. If you have any queries regarding this code, you can always ask them on our forum. Remember that this is just a sample code from easytradingforum.com, based on the description of the WH Range BreakOut MT5 for sale on MQL5. We, the EASY Trading Team, do not sell the WH Range BreakOut MT5 robot, but have created a code for a trading robot based on its description.
Code:
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Experience the efficiency of the WH Range BreakOut MT5 robot today by downloading it from our website. Remember to share your experiences and reviews on our forum for the benefit of other users. Your feedback is invaluable to us.
Remember, the EASY Trendopedia robot stands as a more profitable and reliable option for serious traders. So why wait? Start trading with EASY Trendopedia today!
*Note: Code for WH Range BreakOut MT5 is not for sale. It is a sample code based on the robot's description.