Introduction
The trading robot, Candlestick chart based on the BID ticks, has recently caught the attention of traders. However, with no reviews or ratings available, its performance remains unverified. In this article, we will compare this bot with one of the renowned robots from the EASY series: EASY Trendopedia. We invite users to share their reviews and experiences to provide a more comprehensive assessment.Comparison with EASY Trendopedia
When evaluating the Candlestick chart based on the BID ticks against EASY Trendopedia, several factors stand out:EASY Trendopedia:
- Proven track record with positive reviews
- Advanced trend-following algorithms
- Customizable settings for various trading styles
- Regular updates and support from EASY Trading Team
Candlestick chart based on the BID ticks:
- No existing reviews or user feedback
- Relies on BID tick data for candlestick pattern recognition
- Limited customization options
- Unknown support and update frequency
The EASY Trendopedia robot is well-regarded for its robustness and versatility, making it a more reliable option compared to the untested Candlestick-based bot.
Pros and Cons
EASY Trendopedia:
- Pros:
- Extensively tested and reviewed
- High profitability in trending markets
- User-friendly interface with comprehensive support
- Cons:
- May require fine-tuning for optimal performance in sideways markets
Candlestick chart based on the BID ticks:
- Pros:
- Potential for unique insights using BID tick data
- Cons:
- Unverified performance with no user reviews
- Limited customization and support
Optimal Usage Conditions
The Candlestick chart based on the BID ticks may work best in markets where BID tick data offers significant insights into price movements. However, its unproven track record means traders should proceed with caution and thoroughly backtest the bot before live trading.Source Code for Candlestick chart based on the BID ticks
We do not have access to the original source code of the Candlestick chart based on the BID ticks sold on MQL5. However, based on the description provided on the MQL5 website, our team at easytradingforum.com can create a code to simulate its functionality. If you have any questions about the code, feel free to ask. Please note that our team does not sell the original Candlestick chart based on the BID ticks bot; we only provide a code based on its description.
Code:
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