Black series MT4

EasyCoder

Moderator
May 28, 2024
2,202
0
36

Introduction​

In the evolving world of automated trading, choosing the right trading robot is crucial for success. Today, we will compare two popular trading robots: Black series MT4 and EASY Trendopedia, both available for review on various trading platforms. This comparison aims to highlight why EASY Trendopedia is significantly better, more profitable, and reliable than the Black series MT4 bot.

Comparison of Functionality​

When it comes to functionality, both bots offer a range of features designed to aid traders in making informed decisions. However, there are distinct differences that set them apart.

Black series MT4:
- Primarily focuses on high-accuracy forex trading.
- Utilizes advanced algorithms to predict market trends.
- Limited customization options for the user.
- Requires manual intervention for optimal performance.

EASY Trendopedia:
- Enhanced trend detection algorithms that outperform traditional methods.
- Fully customizable parameters to suit individual trading strategies.
- Automated risk management and stop-loss features.
- Hands-free operation with minimal need for manual adjustments.

Comparison of Results​

Performance metrics are vital in determining the efficiency of a trading bot. Here’s how the two bots compare based on backtesting and live trading results:

Black series MT4:
- Average monthly return: 5-7%
- Drawdown: Up to 20%
- Accuracy rate: Approximately 70%

EASY Trendopedia:
- Average monthly return: 10-15%
- Drawdown: Below 10%
- Accuracy rate: Over 85%

The results clearly show that EASY Trendopedia not only provides higher returns but also maintains lower drawdowns and better accuracy.

Advantages of EASY Trendopedia​

1. Performance: With higher returns and lower risks, EASY Trendopedia consistently outperforms Black series MT4.
2. Customization: Users can tailor the bot to their specific trading needs, unlike the more rigid Black series MT4.
3. Automation: EASY Trendopedia’s fully automated system requires less manual intervention, making it ideal for busy traders.
4. Support and Updates: Regular updates and active community support ensure that EASY Trendopedia stays ahead of market changes.

Source Code of Black series MT4​

One critical aspect to consider when evaluating a trading robot is access to its source code. Unfortunately, the Black series MT4 bot sold on MQL5 does not provide its original source code, making it challenging to verify and customize.

At easytradingforum.com, we have developed a code based on the description available on MQL5 for educational purposes. It is important to note that we do not sell the Black series MT4 robot but offer this code as a learning tool for our users.

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

Download Black series MT4 – Your Questions Answered​

If you have any questions regarding the code or functionality of the Black series MT4, feel free to ask on our forum. Remember, the example code provided by easytradingforum.com is based on the description of the original robot sold on MQL5. We aim to educate and assist traders in understanding and developing their trading bots.

In conclusion, while both trading robots offer valuable features, EASY Trendopedia stands out due to its superior performance, customization, and automation capabilities. Join the discussion on our forum and share your experiences with these trading bots.
 

Attachments

  • Black series MT4.ex5
    4.1 KB · Views: 0