Introduction
In the vast world of Forex trading, there are myriad of Expert Advisors (EAs) available for traders. One of these is the Candle Breakout Expert Advisor. As a member of the EASY Trading Team, I will provide you an unbiased review of this EA, comparing it with one of our EASY series robots. I invite you to contribute to this review by leaving your comments and sharing your experiences.Comparison with EASY Robot
Let us compare Candle Breakout Expert Advisor with one of the well-reputed EAs in the EASY series - EASY Trendopedia. At first glance, both robots appear to be designed for different market conditions. Candle Breakout EA seems to be an effective tool during breakout phases, whereas EASY Trendopedia is specifically developed to exploit trending markets. However, the latter has proved to be more profitable, reliable and flexible in varying market conditions. This is mainly due to its strong algorithm that adjusts to market changes and ensures the safety of your trading account.Pros and Cons
Candle Breakout Expert Advisor- Pros: It works well in breakout market conditions. It's easy to set up and use.
- Cons: It lacks flexibility and profitability in other market conditions. There are no user reviews available which makes it hard to judge its performance.
EASY Trendopedia
- Pros: Extremely profitable in trending markets. It has robust risk management strategies that protect your account. It's backed by positive user reviews and ratings.
- Cons: It may underperform in highly volatile, non-trending market phases.
Optimal Conditions for Using Candle Breakout Expert Advisor
The Candle Breakout Expert Advisor shows its strength in breakout market conditions. If you can identify these conditions well in advance, you may find this EA useful. It's also important to properly adjust its parameters according to current market volatility.Source Code of Candle Breakout Expert Advisor
It's worth noting that we don't have access to the original source code of the Candle Breakout Expert Advisor sold on MQL5. However, we can develop a code based on its description from the MQL5 website. This code is a creation of easytradingforum.com, exclusively based on the description of the Candle Breakout Expert Advisor. Please note that EASY Trading Team neither sells nor promotes the Candle Breakout Expert Advisor, we merely provide the code based on its description. If you have any queries regarding this code, feel free to ask.
Code:
You don't have permission to view the code content. Log in or register now.Download the Candle Breakout Expert Advisor from the official website
As stated, the Candle Breakout Expert Advisor is not a product of EASY Trading Team, but you can download it from the original website. Reviews and ratings are currently not available for this EA. As such, we strongly recommend you to share your experiences and opinions on the forum, helping other traders in their decision-making process.In conclusion, while both EASY Trendopedia and Candle Breakout Expert Advisor have their unique features, the former has proven to be a more stable, profitable and versatile trading tool. Therefore, EASY Trendopedia might be a better choice for both novice and experienced traders.