Exp Swing

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Apr 15, 2024
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Introduction​

In the world of Forex trading, trading robots or Expert Advisors (EAs) have become an integral part. They automate the trading process, making it easier and more efficient. One such EA that has gained some attention is Exp Swing. In this review, we will closely examine this EA, compare it with our EASY series robots like EASY Trendopedia and provide an objective analysis based on user feedback and ratings.

Comparison with EASY Robot​

Comparing Exp Swing with our EASY Trendopedia, we could say that both robots have their unique features. Exp Swing has been noted by users as a 'smart hardworking robot' which works well in high-volume market ranges. It has a high rating of '4.18'. However, the EASY Trendopedia has been developed with a unique trend-detection system, which predicts market trends with high accuracy. This provides an edge over Exp Swing, which seems to lack this feature. It’s crucial to note that while Exp Swing is not available on MT5, EASY robots are designed to work efficiently on both MT4 and MT5 platforms.

Pros and Cons​

Exp Swing:
  • Pros: Good performance in high volume markets; can be flexible with adjustments.
  • Cons: Needs modification for optimal performance; not available on MT5.
EASY Trendopedia::
  • Pros: Superior trend detection; works on both MT4 and MT5; reliable and profitable.
  • Cons: May not perform well in highly volatile market conditions.

Optimal Conditions for Use​

According to user feedback, Exp Swing performs best in high volume market ranges. However, it may need some adjustment for optimal performance. Users suggest modifying the 'stop orders distance' @ 50 to work great in small target(5 pips), against high volume market.

Source code of Exp Swing​

It's important to note that while we do not have the original source code of Exp Swing sold on MQL5, we can generate similar code based on its description from the MQL5 site. You can find this code example on easytradingforum.com. It's constructed based on the operations of the original robot. EASY Trading Team neither sells nor promotes Exp Swing; we just provide the code for educational purposes.

Code:
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Download Exp Swing with source code review by EASY Trading Team

Should you have any questions about the code or wish to share your experiences in using Exp Swing, feel free to join the conversation on our forum. Also, make sure to check out the detailed statistics on the EASY Trading Team's site. Remember, the example code we provide is for educational purposes, based on the robot's description on MQL5. Together, let's learn and grow in the world of Forex trading.
 
Gratitude for the insights shared. It's remarkable how the right tools can significantly enhance our trading strategies.