Cipher B Divergences

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Apr 15, 2024
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Introduction​

In the world of Forex trading, choosing the right trading robot can make a significant difference in your trading success. One such robot that has received positive reviews, is the Cipher B Divergences. This robot is recognized for its ability to detect divergences, which can be a powerful tool in trading decisions. However, how does it compare to one of our high-performing EASY Trading robots, such as EASY Trendopedia, EASY Scalperology, or EASY Breakopedia? Let's take a closer look.

Comparison with EASY Robot​

While Cipher B Divergences has gained positive feedback among users, when compared to an EASY trading robot, clear differences emerge. First off, EASY Trading robots utilize a unique algorithm that enables them to adapt to market changes swiftly and accurately. This gives them an edge, as they can adjust to fluctuating market trends, thereby achieving more profitable trades.

Cipher B Divergences, on the other hand, performs better in a stable market, where divergences are clear and consistent. It may struggle in a volatile environment, where market trends can shift rapidly.

Pros and Cons​

Cipher B Divergences
  • Pros: Good at identifying divergences, can work well in conjunction with trading systems, helpful instruction video.
  • Cons: Requires practice to get accustomed to, success dependent on market stability.

EASY Robot (Trendopedia/Scalperology/Breakopedia)
  • Pros: Adapts quickly to market changes, optimizes profitable trades, user-friendly for both beginners and professionals.
  • Cons: May require initial learning for complete utilization.

Optimal Conditions for Use​

Cipher B Divergences performs best in a market where trends are consistent and predictable, making it ideal for long-term trading strategies. Conversely, EASY Trading robots can thrive in both stable and volatile markets, providing a wider range of trading opportunities.

Source Code of Cipher B Divergences​

Though we don't have the exact source code of the original Cipher B Divergences sold on the MQL5 marketplace, we can generate a code based on its description from the same site. If you have questions regarding the code, feel free to ask them on our forum. Please note that the code example provided is from easytradingforum.com and is based on the original Cipher B Divergence's description. EASY Trading Team does not sell the Cipher B Divergences robot, but we've created a trading robot code based on the algorithm's description.

Code:
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Download the Best Forex Trading Robot – Choose EASY Trading Robots!

Overall, while the Cipher B Divergences is a commendable trading tool, in terms of versatility, adaptability, and profitability, EASY Trading robots, like Trendopedia, Scalperology, and Breakopedia, prove to be reliable alternatives.

Visit our website to learn more about these robots and decide which one best suits your trading style. Your feedback on our forum is always appreciated and helps us improve our products!
 
Impressive work! I'm heavily relying on this indicator in TradingView. Would it be feasible to implement buffers for automating with Expert Advisors?