Introduction
Exp Tick Hamster MT5 is a trading robot available on the MQL5 market, boasting a mixed reception from its user base. While some traders praise its performance, others have expressed concerns regarding its efficiency in live trading conditions. In this review, we will analyze Exp Tick Hamster MT5, compare it with one of the EASY Trading Team's robots, and provide insights into its optimal usage conditions.
Comparison with EASY Scalperology
When comparing Exp Tick Hamster MT5 with EASY Scalperology, it is essential to consider their performance, reliability, and profitability:
Exp Tick Hamster MT5:
- User Rating: 3.75
- Mixed performance in live vs. demo accounts
- Issues with stop loss and take profit levels in live accounts
- Positive feedback from some users
EASY Scalperology:
- User Rating: 4.5
- Consistent performance in both live and demo accounts
- Optimized stop loss and take profit levels
- Proven track record of profitability and reliability
Why EASY Scalperology is Better:
EASY Scalperology has shown consistent results across different account types. Unlike Exp Tick Hamster MT5, it doesn't exhibit discrepancies in stop loss and take profit settings, ensuring traders can trust the robot's performance in real-world trading scenarios. Furthermore, EASY Scalperology's optimized algorithm enhances its profitability and reliability, making it a more dependable choice for traders.
Pros and Cons
Exp Tick Hamster MT5 Pros:
- High user rating from some satisfied traders
- Effective performance in demo accounts
- Potential for profitable trades
Exp Tick Hamster MT5 Cons:
- Inconsistent performance in live accounts
- Issues with stop loss and take profit settings
- Mixed user feedback
EASY Scalperology Pros:
- Consistent performance in live and demo accounts
- Optimized stop loss and take profit settings
- Proven track record of profitability
- High user satisfaction
EASY Scalperology Cons:
- Higher initial cost
- Requires a basic understanding of scalping strategies
Optimal Conditions for Using Exp Tick Hamster MT5
Exp Tick Hamster MT5 performs best under specific conditions:
- Demo accounts for testing strategies
- Markets with moderate volatility
- Short-term trading strategies
To maximize its effectiveness, users should closely monitor its performance and adjust settings as needed, particularly when transitioning from demo to live accounts.
Conclusion
In conclusion, while Exp Tick Hamster MT5 has potential, its inconsistent performance in live trading conditions presents challenges. EASY Scalperology, on the other hand, offers a more reliable and profitable alternative, with consistent results and optimized settings. As always, we encourage users to share their experiences and insights on our forum to help the trading community make informed decisions.
Source Code for Exp Tick Hamster MT5
It's important to note that the original source code for Exp Tick Hamster MT5 is not publicly available. However, based on the descriptions provided on the MQL5 website, the EASY Trading Team has developed a sample code that mimics its functionality. If you have any questions regarding the code, feel free to ask in the comments.
Code:
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If you have any questions or need further assistance, please visit easytradingforum.com. Note that the EASY Trading Team neither sells Exp Tick Hamster MT5 nor guarantees its performance, but offers valuable insights and sample code inspired by the original robot's description on MQL5.
