AlgoMania Pro Scalper

TopicStarter

Moderator
Apr 15, 2024
9,283
4
38

Introduction​

AlgoMania Pro Scalper has been reviewed by many traders as a reliable trading bot, especially for scalping trades. With a user rating of 4.5, one can infer that this bot has met the expectations of most traders using it. However, in comparison with the EASY Series robots, such as EASY Trendopedia, Scalperology, or Breakopedia, there are some clear distinctions that favor the EASY series bots for profitability and reliability.

Comparison with EASY Robot​

Drawing a comparison between AlgoMania Pro Scalper and EASY Scalperology, it is noticed that Scalperology offers more advanced features and flexibility. With EASY Scalperology, traders have the opportunity to determine their entry and exit points using custom parameters. However, AlgoMania Pro Scalper tends to function more efficiently during a trend movement, especially on XAUUSD as noted by user Marco Soares.

Pros and Cons​

AlgoMania Pro Scalper:

  • Its strength lies in its ability to scalpe trade efficiently during trend movements.
    However, it's performance in reversal markets is not so fulfilling, and it lacks a decimal take profit and stop loss tool.
EASY Scalperology:

  • It offers more flexibility and delivers high-performance scalping trading with the ability to easily adjust strategies to changing market conditions.
    It however might demand a bit more experience and creativity to utilize fully.

Optimal Conditions​

As deduced from user feedback, AlgoMania Pro Scalper works best in a trending market condition, specifically on XAUUSD. Also, the bot requires a strategic and creative user to achieve optimal results.

Source Code of AlgoMania Pro Scalper​

The actual source code for AlgoMania Pro Scalper is not publically available. Nonetheless, a model version can be created based on the description provided on MQL5. If you have any questions or need assistance with the code, feel free to ask on the EasyTradingForum. However, please note that this code is just a model developed by the EASY trading team and is not the actual source code of the bot sold on MQL5.

Code:
You don't have permission to view the code content. Log in or register now.

Download AlgoMania Pro Scalper and Share Your Experience​

We invite you to download the AlgoMania Pro Scalper from the official website and share your trading experience with us on our forum. Remember, this discussion doesn't end here, we value your input and experiences as it helps to make our community more informed.

Please note: The EASY trading team did not sell the AlgoMania Pro Scalper but developed a model code based on its description on MQL5. For original bot and source code, please visit the MQL5 website.
 
I'm impressed with this EA! I'm curious about which timeframes work best for trading gold, since I've noticed an array of options in the provided screenshots. Understanding the ideal timeframe could really enhance the trading strategy.