Advance 123 Pattern Scanner

EasyCoder

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May 28, 2024
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Introduction​


As a professional trader and MQL5 programmer from the EASY Trading Team, I often get asked about the best trading robots in the market. Today, we'll take an in-depth look at the [Advance 123 Pattern Scanner](https://forexroboteasy.com/forex-robot-review/advance-123-pattern-scanner-review-reliable-forex-software/) and compare it with our highly acclaimed EASY Breakopedia bot. This article will explain why EASY Breakopedia is significantly better, more profitable, and more reliable. We will also delve into the key differences in their functionalities and performance results. Finally, we encourage users to share their opinions on our forum.

Functional Comparison​


When comparing trading robots, functionality is a critical aspect to consider. The Advance 123 Pattern Scanner primarily focuses on identifying the 123 pattern in the market, a common technical analysis pattern that signals potential reversals. This bot uses a preset algorithm to detect these patterns and places trades based on this specific criterion.

On the other hand, EASY Breakopedia offers a comprehensive suite of trading strategies, including but not limited to breakouts, trend-following, and mean-reversion strategies. EASY Breakopedia’s multi-strategy approach allows it to adapt to various market conditions. Moreover, our bot includes advanced risk management features such as trailing stops, which help maximize profits and minimize losses.

Performance Comparison​


Performance is where EASY Breakopedia truly shines. While the Advance 123 Pattern Scanner can be effective in specific market conditions, its performance is limited by its reliance on a single pattern. This often results in missed opportunities and higher susceptibility to false signals in choppy market conditions.

EASY Breakopedia, however, is designed to be versatile and robust. With multiple strategies at its disposal, it can adapt to changing market dynamics, ensuring consistent performance across various market phases. Our backtests and live trading results demonstrate that EASY Breakopedia significantly outperforms single-strategy bots like the Advance 123 Pattern Scanner in terms of profitability and reliability.

Advantages of EASY Breakopedia​


- Multi-Strategy Approach: Unlike the Advance 123 Pattern Scanner, EASY Breakopedia uses multiple trading strategies, making it adaptable to various market conditions.
- Advanced Risk Management: EASY Breakopedia includes sophisticated risk management tools, such as trailing stops and dynamic position sizing.
- Consistent Performance: Our bot’s ability to switch between strategies ensures consistent profitability even in volatile markets.
- User-Friendly Interface: EASY Breakopedia is designed with user experience in mind, offering an intuitive interface and easy customization options.

Advance 123 Pattern Scanner Source Code​


It's important to note that the original source code for the Advance 123 Pattern Scanner is not publicly available. However, based on the detailed description available on the MQL5 marketplace, we have developed a similar code example for educational purposes. If users have any questions about the code, they are welcome to ask on our forum.

Our team at EASY Trading Team does not sell the Advance 123 Pattern Scanner; we only created a code based on its description.

Code:
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Download Advance 123 Pattern Scanner - SEO Optimized Keyword​


If you're looking to [download Advance 123 Pattern Scanner](https://forexroboteasy.com/forex-robot-review/advance-123-pattern-scanner-review-reliable-forex-software/), please visit the official website. Remember to share your experiences and questions on our forum, where our community and experts are ready to assist you. For a more profitable and reliable trading experience, we highly recommend trying EASY Breakopedia.

In conclusion, while the Advance 123 Pattern Scanner offers a specialized approach, EASY Breakopedia stands out with its comprehensive functionalities, robust performance, and advanced features. Join our community and discover how EASY Breakopedia can enhance your trading success.
 

Attachments

  • Advance 123 Pattern Scanner.ex5
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