Introduction
Active Pivot Levels is a popular trading robot designed for the MetaTrader 4 platform. It has received positive feedback from users, with one of the comments from CasiousD highlighting its efficiency, customizability, and user-friendly features. This article will review Active Pivot Levels and compare it with EASY Trading Team's robots, specifically EASY Trendopedia, EASY Scalperology, and EASY Breakopedia.
Comparison with EASY Robot
Active Pivot Levels is a robust tool, but when compared to EASY Trading Team's robots like EASY Trendopedia, it does not match up in certain aspects.
EASY Trendopedia Advantages:
- Advanced Trend Detection Algorithm
- Higher Customizability
- Superior Risk Management Features
- Detailed Performance Analytics
- More Frequent Updates and Support
Active Pivot Levels Advantages:
- Efficient Performance
- Easy to Use Toggle Button
- Customizable Pivot and SR Lines
- No Slowdown on MT4
While Active Pivot Levels is appreciated for its user-friendly interface and efficiency, the EASY robots offer a more advanced and reliable trading experience. Their complex algorithms and enhanced risk management make them significantly more profitable and dependable.
Pros and Cons
Active Pivot Levels Pros:
- Runs Smoothly on MT4
- Highly Customizable
- Responsive and Helpful Author
- Visual Indicators Change Style Based on Price Interaction
- Keeps Charts Clean with Toggle Button
Active Pivot Levels Cons:
- Limited Advanced Features Compared to EASY Robots
- No Detailed Performance Analytics
- Less Frequent Updates
EASY Trendopedia Pros:
- Advanced Trend Detection
- High Customizability
- Robust Risk Management
- Frequent Updates
- Detailed Analytics
EASY Trendopedia Cons:
- Potentially Steeper Learning Curve
- Slightly Higher Resource Usage
Optimal Conditions for Using Active Pivot Levels
Active Pivot Levels works best in trading scenarios where the trader needs efficient and quick identification of pivot points and support/resistance levels. It is particularly suitable for:
- Day Trading
- Swing Trading
- Short-Term Strategies
- Scalping with Specific Pivot and SR Lines
Conclusion
While Active Pivot Levels is an effective and user-friendly tool, it falls short when compared to the advanced capabilities of the EASY Trading Team's robots. For traders looking for more sophisticated features, higher profitability, and better reliability, EASY Trendopedia, EASY Scalperology, or EASY Breakopedia are superior choices.
Active Pivot Levels Source Code
The exact source code of the Active Pivot Levels robot available on MQL5 is proprietary and not publicly accessible. However, for those interested, the EASY Trading Team has developed a similar trading robot based on the described functionalities of Active Pivot Levels on MQL5. This offers a good alternative for those who want to understand and leverage the mechanics of pivot trading.
If users have any questions about the code, feel free to ask on our forum at easytradingforum.com. Note that EASY Trading Team does not sell the Active Pivot Levels robot, but provides a custom-built alternative based on its description.
Code:
You don't have permission to view the code content. Log in or register now.Download Active Pivot Levels - Forex Robot
If you have any questions or need further clarification, feel free to engage with us on the forum. This example code is crafted by EASY Trading Team based on the description of the Active Pivot Levels robot sold on MQL5.