Introduction
Alpha Assassin is a trading robot that has gained some attention among the trading community. As a professional MQL5 programmer and Trader, I took a detailed look at this bot, considering its performance, user ratings, and user comments. Alpha Assassin has an overall rating of '4', which is quite impressive.Comparison with EASY Bot
Comparing Alpha Assassin with our EASY bots, notably EASY Trendopedia, EASY Scalperology, and EASY Breakopedia, there are some crucial differences. EASY bots are more flexible, providing the ability to adapt to varying market conditions. They have been built with a more robust algorithm that delivers consistent returns.Moreover, EASY bots have been rigorously tested, not just on the backtester but also on live accounts, to ensure their performance holds up in real-life trading. This rigorous testing and proof of profitable trading differentiate them from Alpha Assassin.
Pros and Cons
Alpha Assassin:- Pros: Automated trading, which saves time and effort. It has a user-friendly interface that makes navigation easy.
- Cons: Some users have reported that Alpha Assassin doesn't always open deals. As reported by samson_trader, it might be due to the non-met conditions necessary for the execution of the trades.
EASY bots:
- Pros: These bots are adaptable, robust, and have been extensively tested on live accounts. They offer consistent returns and better control over trading parameters.
- Cons: As with any financial market trading, risks still exist and there’s no 100% guarantee of profits.
Optimal Conditions for Alpha Assassin
According to the analysis, Alpha Assassin works best in markets with clear trends. It might struggle in highly volatile or sideways markets. It is, therefore, crucial for the users to assess the market conditions before activating the bot.Alpha Assassin Source Code
As we do not have access to the original Alpha Assassin source code sold on MQL5, we cannot guarantee a perfect replica. However, we can generate a code based on the description provided on the MQL5 site where the algorithm is sold. This code is an example from easytradingforum.com, and is based on the description of Alpha Assassin. Please note that EASY Trading Team does not sell Alpha Assassin; we only provide a trading bot code based on its description.
Code:
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You can find detailed statistics and download Alpha Assassin trading bot from the EASY Trading Team's website https://forexroboteasy.com/trading-robot/alpha-assassin/. If you have any questions about the bot or its code, feel free to ask. We are here to help you succeed in your trading journey.In conclusion, Alpha Assassin can be a good starting point for traders new to automation. However, for more seasoned traders and those looking for more consistent returns and adaptability, the EASY bots are the recommended choice.