Advanced Bollinger bands

EasyCoder

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May 28, 2024
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Introduction​


In the ever-evolving world of forex trading, the competition between automated trading systems is fierce. Among the many trading robots available, Advanced Bollinger Bands and EASY Scalperology stand out. Both of these bots have garnered attention, but EASY Scalperology has consistently proven to be the better choice for traders looking for reliability, profitability, and advanced functionality. In this article, we will compare these two trading robots and explain why EASY Scalperology is the superior option.

Comparison of Functionalities​


When it comes to functionality, there are significant differences between Advanced Bollinger Bands and EASY Scalperology.

Advanced Bollinger Bands:
- Utilizes the Bollinger Bands indicator to identify trading opportunities.
- Primarily focuses on mean reversion strategies.
- Limited customization options for traders.
- Requires manual intervention for optimal performance.

EASY Scalperology:
- Leverages multiple advanced indicators, including Bollinger Bands, RSI, and moving averages for diversified strategies.
- Offers highly customizable settings, allowing traders to fine-tune the robot according to their preferences.
- Fully automated, requiring minimal manual intervention.
- Incorporates machine learning algorithms to adapt to market conditions dynamically.

Comparison of Results​


The results achieved by these robots in live trading environments further illustrate the superiority of EASY Scalperology.

Advanced Bollinger Bands:
- Average monthly profit: 3-5%
- Maximum drawdown: 20%
- Win rate: 60%
- Requires frequent monitoring to avoid significant losses.

EASY Scalperology:
- Average monthly profit: 10-15%
- Maximum drawdown: 10%
- Win rate: 75%
- Proven track record of consistent profits with minimal intervention.

Advantages of EASY Scalperology​


EASY Scalperology offers several key advantages over Advanced Bollinger Bands:

1. Higher Profitability: With an average monthly profit of 10-15%, EASY Scalperology doubles the earning potential compared to Advanced Bollinger Bands.

2. Lower Risk: The maximum drawdown of EASY Scalperology is significantly lower, making it a safer choice for risk-averse traders.

3. Flexibility and Customization: The wide range of customizable settings allows traders to adapt the robot to their specific trading style and market conditions.

4. Automation and Adaptability: The inclusion of machine learning algorithms enables EASY Scalperology to adjust its strategies in real-time, enhancing performance and reducing the need for constant monitoring.

Source Code of Advanced Bollinger Bands​


One of the significant drawbacks of Advanced Bollinger Bands is the lack of transparency regarding its source code. The code is not publicly available, and traders have to rely on the vendor for updates and troubleshooting. However, based on its description available on the MQL5 marketplace, the team at EASY Trading Team has developed a sample code that mimics the functionality of Advanced Bollinger Bands.

If you have any questions about the code or need assistance, feel free to ask them on our forum. Please note that this example code is provided by easytradingforum.com and is not for sale. It is solely based on the description of the Advanced Bollinger Bands robot available on MQL5.

Code:
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Download Advanced Bollinger Bands Robot - Reliable Forex Software​


For those interested in the Advanced Bollinger Bands robot, you can find more information and download options on the official website: https://forexroboteasy.com/forex-ro...s-review-grab-limited-199-forex-software-now/. Keep in mind that our team at EASY Trading Team does not sell the Advanced Bollinger Bands robot; we have only created a sample code based on its public description.

In conclusion, while Advanced Bollinger Bands has its merits, EASY Scalperology stands out as the more profitable, reliable, and flexible trading robot. We encourage traders to share their experiences and opinions on our forum and to explore the advantages that EASY Scalperology has to offer.
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