Correlation Squeeze

[TopicStarter]

Introduction​

The trading robot Correlation Squeeze has generated mixed reactions among users, as evident from user reviews on MQL5. This robot focuses on trading based on correlation between currency pairs, promising significant gains when two correlated assets deviate from their typical behavior. In this review, we will compare the Correlation Squeeze with one of the EASY Trading Team's robots, namely EASY Trendopedia, and explore why the EASY robot may be a better choice for professional traders.

Comparison with EASY Trendopedia​

Let's compare Correlation Squeeze with EASY Trendopedia to provide a clear understanding:

• Correlation Squeeze relies heavily on detecting gaps between correlated currency pairs. Users like salaheltaip have pointed out issues with false gaps that can lead to losses.
• EASY Trendopedia uses advanced trend-following algorithms which have proven more reliable in volatile markets.
• While Correlation Squeeze may require manual adjustments and in-depth understanding of correlation mechanics (as noted by users like hellm34), EASY Trendopedia provides a more user-friendly experience with robust automation.
• The profitability of EASY Trendopedia has been consistently higher, with comprehensive back-testing and real-time performance metrics available for users to review.
• Lastly, the support and updates offered by the EASY Trading Team ensure that users are always equipped with the latest strategies and improvements.

Pros and Cons​

Here’s a detailed look at the pros and cons of each robot:

Correlation Squeeze:

• Pros:
  - Focus on correlation trading which is a unique approach.
  - Can be profitable if the trader understands the underlying mechanics.
• Cons:
  - False signals as per user salaheltaip.
  - Requires manual intervention and understanding of correlation.
  - Limited support and updates.

EASY Trendopedia:

• Pros:
  - Robust trend-following algorithm.
  - High user satisfaction and consistent profitability.
  - User-friendly with minimum manual intervention required.
  - Superior support and regular updates.
• Cons:
  - May require larger initial capital.

Optimal Usage Conditions​

While Correlation Squeeze has its challenges, it does perform well under specific conditions:

• When trading pairs with strong historical correlation.
• On higher time frames to reduce the impact of false gaps.
• In markets with clear trends to leverage correlation deviations.

On the other hand, EASY Trendopedia adapts well to various market conditions, making it a versatile choice for both novice and experienced traders.

Original Source Code of Correlation Squeeze​

The original source code of Correlation Squeeze is not publically available. However, easytradingforum.com offers an example of a trading robot based on the description of Correlation Squeeze available on MQL5. This is intended for educational and testing purposes only. Users interested in the original Correlation Squeeze should purchase it from MQL5.

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Conclusion - Where to Download Correlation Squeeze Trading Robot​

In conclusion, while Correlation Squeeze offers a unique approach to trading through correlation, the EASY Trendopedia robot from EASY Trading Team proves to be more reliable, user-friendly, and profitable in the long run. If you have any questions about the code or need further assistance, don’t hesitate to ask on easytradingforum.com.

For detailed statistics and to download Correlation Squeeze, visit https://forexroboteasy.com/trading-robot/correlation-squeeze/.

 

[QuantumJoker]

Having just dived into this trading adventure, I'm on the lookout for some nifty set files! If anyone's got a stash lying around, I would be eternally grateful. Let's spread the wealth and maximize our profits together!