Introduction
Clever Range Predictor is a trading robot designed to predict market ranges and capitalize on them. As a professional trader and MQL5 developer from the EASY Trading Team, I’ll provide an objective review of this robot, using user comments and ratings to guide the evaluation. Furthermore, I will compare it with one of our own robots from the EASY series, highlighting why our solution is superior in terms of profitability and reliability.Comparison with EASY Trendopedia
Comparing Clever Range Predictor with EASY Trendopedia, we can observe significant differences in performance, reliability, and adaptability:EASY Trendopedia:
- Focuses on trend following, making it more adaptable to various market conditions.
- Employs advanced algorithms for identifying trends, ensuring higher profitability.
- Regular updates and improvements make it more reliable.
- Backed by extensive statistical analysis and user reviews.
Clever Range Predictor:
- Primarily effective in ranging markets, limiting its applicability.
- Lacks advanced trend-following mechanisms, potentially reducing profitability.
- Limited user feedback, though the available reviews are positive.
- No clear history of regular updates or enhancements.
Pros and Cons
EASY Trendopedia:Pros:
- High adaptability to different market conditions.
- Advanced trend algorithms enhance profits.
- Regular updates ensure reliability.
- Positive community feedback.
Cons:
- May require higher initial investment.
- Complex settings for novice traders.
Clever Range Predictor:
Pros:
- Effective in ranging markets.
- Simpler setup for beginner traders.
- Positive user feedback, e.g., Very good indicator, I recommend. – RodrigoAway.
Cons:
- Limited effectiveness in trending markets.
- Lack of regular updates and comprehensive support.
Optimal Usage Conditions
Clever Range Predictor performs optimally in markets characterized by consistent ranges. It is less effective in strongly trending or volatile markets. Users should focus on instruments that show clear range-bound behavior.Conclusion
Clever Range Predictor is a useful tool for traders operating in ranging markets. However, compared to EASY Trendopedia, it falls short in versatility and long-term profitability. We encourage users to share their experiences on forums for a broader perspective.Source Code of Clever Range Predictor
The original source code of Clever Range Predictor is not available to the public. However, based on its description on MQL5, our team can create a similar trading robot. If you have questions about the code, feel free to ask.
Code:
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