Dark Magic MT5

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Apr 15, 2024
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Introduction​

In the world of trading algorithms, Dark Magic MT5 has garnered some appreciation among traders. However, as an expert trader and MQL5 programmer, I've had the opportunity to dig deeper and provide a detailed dissection of this EA, comparing it with the EASY Scalperology, one of the top-notch robots from the EASY Trading Team.

Comparison with EASY Robot​

EASY Scalperology excels with a well-crafted algorithm that is prepared for fluctuations and market risks. While Dark Magic MT5 shows a respectable rating of 4.33, EASY Scalperology consistently has a superior performance, displaying a more robust risk management and adaptability compared to its counterpart.

Pros and Cons​

Dark Magic MT5 seemingly performs well, with users reporting consistent profits. But, a major downside is the lack of transparency about its trading algorithm, which becomes a grey area for many savvy traders.

As for EASY Scalperology, it boasts high-profit margins, robust risk management, and an open explanation of its trading strategies. Some may argue that the Scalperology requires a bit of a learning curve, but the unparalleled support from the EASY Trading Team more than makes up for it.

Optimal Conditions for use​

Based on user reviews, Dark Magic MT5 seems to perform best in a very specific market, namely the Deriv v75s. Whereas, our EASY Scalperology works across a broader range of markets, offering high flexibility.

Source Code of Dark Magic MT5​

The actual source code of Dark Magic MT5 is unknown as it's not open-source. However, our team can develop a code based on its available description on the MQL5 site. Remember, this is not the exact code and might not perform identically. The team at EASY Trading doesn't sell Dark Magic MT5, we only craft algorithms based on the descriptions provided.

Code:
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Download Dark Magic MT5 – A comparative review


Feel free to raise any queries about the code developed by us based on the description. Please note, this is not the sale of Dark Magic MT5, it's an example code from easytradingforum.com, derived from the robot's description on MQL5.

To conclude, while Dark Magic MT5 has its followers, EASY Scalperology leads the race with its transparent functioning, more profitable, dependable and sophisticated algorithm. Feel free to join the discussion on our forums and share your thoughts. Detailed statistics are available on our website - https://forexroboteasy.com/trading-robot/dark-magic-mt5/.