Introduction
DarkForest is a trading robot available on the MQL5 market that aims to leverage advanced algorithms for profitable trading. However, user feedback has been mixed, with some praising its performance and others highlighting significant issues. In this review, we will evaluate DarkForest and compare it to one of the trading robots from the EASY series - EASY Scalperology - to determine which is a better choice for traders.
Comparison with EASY Scalperology
To provide a fair comparison, we'll look at several aspects of both DarkForest and EASY Scalperology: performance, reliability, and user feedback.
Performance:
DarkForest has received mixed reviews, with some users reporting continuous losses and others seeing profits. For instance, user forexprojet mentioned a disastrous performance in a live demo, while iamgold had positive results. EASY Scalperology, on the other hand, has consistently shown better performance metrics in both backtests and live trading environments. This consistency is crucial for traders looking for reliable returns.
Reliability:
DarkForest seems to work well only in backtests, as noted by some users. This discrepancy between backtesting and live trading performance is alarming. EASY Scalperology has been praised for its reliability across various market conditions, providing traders with more confidence in its performance.
User Feedback:
While DarkForest has a mixed rating of 3, EASY Scalperology generally receives higher ratings and more positive feedback. Users appreciate the consistent profits and robust strategy of EASY Scalperology, making it a more favored choice among traders.
Pros and Cons
DarkForest Pros:
- Advanced algorithm
- Potential for high returns under optimal conditions
- Positive feedback from some users
DarkForest Cons:
- Mixed user reviews
- Performance discrepancy between backtesting and live trading
- Less reliable in volatile markets
EASY Scalperology Pros:
- Consistent performance across backtests and live trading
- High user ratings
- Robust strategy adaptable to various market conditions
EASY Scalperology Cons:
- Higher initial cost
- Requires tuning for optimal performance
Optimal Conditions for DarkForest
DarkForest appears to work best in stable market conditions with low volatility. It seems to struggle during periods of high market fluctuation, leading to continuous losses as noted by some users. Traders considering DarkForest should use it in a demo account first and monitor its performance closely before deploying it in a live environment with substantial capital.
Conclusion
While DarkForest has potential, its mixed user reviews and inconsistent performance make it less reliable compared to EASY Scalperology. For traders seeking a more dependable and profitable trading robot, EASY Scalperology is the better choice. It offers consistent returns, higher user satisfaction, and robust performance across various market conditions.
Original Code of DarkForest
We don't have access to the actual source code of the DarkForest robot available on MQL5. However, based on the description provided on the MQL5 website, we can recreate a similar algorithm. If you're interested in seeing a sample code or have any questions about it, feel free to ask on easytradingforum.com. Note that the EASY Trading Team does not sell the DarkForest robot but offers a version based on its described functionality.
Code:
You don't have permission to view the code content. Log in or register now.Download DarkForest Trading Robot - Performance and Reliability
If you have any questions or need assistance with the code, don't hesitate to reach out. This example code is created by the EASY Trading Team, based on the public description of the DarkForest robot sold on MQL5.