AW BW strategy based MT5

EasyCoder

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May 28, 2024
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Introduction​

The AW BW MT5 Software is a state-of-the-art automated forex trading solution developed around the unique trading signals of a custom combination of indicators, crafted by the renowned Bill M. Williams. This advanced trading software takes automation to a new level with its extensive features and flexible settings, creating numerous work scenarios for traders.

Comparison with EASY Robot​

When comparing the AW BW MT5 Software with one of the EASY robots such as EASY Trendopedia, it becomes evident why the latter is significantly better, more profitable, and reliable.

1. Customization and Flexibility: EASY robots offer unparalleled customization options that allow users to fine-tune parameters to tailor the robot's behavior according to their specific trading strategies. In contrast, the AW BW MT5 has predefined settings with limited flexibility.
2. Performance Metrics: EASY robots such as EASY Scalperology have a proven track record with verified performance metrics available on our website. They show consistent gains and lower drawdowns, providing a more stable and profitable trading experience.
3. User Community and Support: The EASY Trading Team offers robust community support and continual updates based on user feedback, ensuring the robots remain up-to-date with market conditions. The AW BW MT5 Software lacks this extensive support mechanism.

Pros and Cons​

AW BW MT5 Software Pros:
- Built on Bill M. Williams' renowned indicators.
- User-friendly automation features.
- Suitable for various trading instruments and timeframes.

AW BW MT5 Software Cons:
- Limited flexibility in custom parameters.
- Less community support and updates.
- Performance metrics are less transparent.

EASY Robot Pros:
- Highly customizable settings.
- Verified performance metrics.
- Strong community support and regular updates.

EASY Robot Cons:
- Requires initial setup and configuration.
- More suitable for experienced traders.

Optimal Conditions for Using AW BW MT5​

The AW BW MT5 Software excels in specific scenarios:
- When used on higher timeframes where Bill M. Williams' indicators are more effective.
- In trending markets, where the Alligator and Fractal indicators can effectively capture significant price moves.
- By traders who prefer less customization and a more straightforward, out-of-the-box solution.

Conclusion​

While the AW BW MT5 Software is a competent trading solution, the advanced features and proven profitability of EASY robots make them the superior choice for serious traders. We encourage our users to try both and share their opinions on our forum to contribute to the collective knowledge and experience.

Source Code of AW BW strategy based MT5​

We do not know the exact source code of the original AW BW strategy based MT5 robot available on MQL5. However, based on the description provided on their site, we can develop a similar algorithm. For any questions regarding the code, feel free to ask on easytradingforum.com. Note that the EASY Trading Team does not sell the AW BW strategy based MT5; we only create code based on its description.

Code:
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Download AW BW strategy based MT5 from MQL5​

For those interested in the official AW BW strategy based MT5 robot, you can download it from the AW BW MT5 Software Review. This is an example of code provided by easytradingforum.com, based on the description of the AW BW strategy based MT5 robot sold on MQL5.
 

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