Introduction
FastAutolot MT4 is a trading robot designed for MetaTrader 4 (MT4) that promises to automate and optimize your trading experience. With a strong user rating, it seems to have captured the interest of many traders who seek to improve their intraday and scalping strategies. However, how does it hold up when compared to a trading robot from the EASY series, such as EASY Scalperology? In this review, we will delve into the features, pros, and cons of FastAutolot MT4 and compare it to EASY Scalperology to see which one is a better fit for your trading needs.Comparison with EASY Scalperology
While FastAutolot MT4 has received positive feedback from users, including a strong endorsement from user PesLam, EASY Scalperology offers more advanced and reliable trading features. Here's a comparison:FastAutolot MT4 Features:
- Lot size calculation directly from your phone.
- Ideal for intraday and scalping strategies.
- Quick and responsive customer service.
EASY Scalperology Features:
- Advanced scalping algorithms.
- Automated risk management features.
- Customizable settings to suit various trading styles.
- Comprehensive backtesting data.
- Continuous updates and support from the EASY Trading Team.
While FastAutolot MT4 focuses on simplifying lot size calculations, EASY Scalperology excels in providing a more robust and fully-fledged trading experience. The advanced algorithms and automated risk management features of EASY Scalperology make it a more profitable and reliable option for serious traders.
Pros and Cons
FastAutolot MT4 Pros:- Easy to use and set up.
- Great for traders on the go.
- Responsive customer service.
FastAutolot MT4 Cons:
- Limited to lot size calculation.
- Lacks advanced trading features.
- No detailed backtesting data available.
EASY Scalperology Pros:
- Advanced algorithms ensure higher profitability.
- Automated risk management.
- Customizable to fit various trading strategies.
- Regular updates and dedicated support.
EASY Scalperology Cons:
- Might be overwhelming for beginner traders.
- Requires a more detailed setup process.
Optimal Usage Scenarios
FastAutolot MT4 works best for traders who:- Prefer simplicity and ease of use.
- Are heavily engaged in intraday and scalping strategies.
- Need to make quick lot size calculations on the go.
EASY Scalperology is better suited for:
- Traders seeking advanced and automated trading solutions.
- Those who prioritize profitability and risk management.
- Experienced traders looking to customize their strategies.
Source Code of FastAutolot MT4
It's important to note that the true source code of FastAutolot MT4 is not accessible to the public. However, based on the description available on MQL5, we can recreate a similar trading algorithm. It's essential for users to understand that the reproduced code might differ from the original and should be utilized for educational purposes only.
Code:
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If you're interested in downloading FastAutolot MT4, visit here. Should you have any questions regarding the code or its functionalities, feel free to ask them. Remember, this is an example code developed by easytradingforum.com based on the description of the robot sold on MQL5. The EASY Trading Team does not sell FastAutolot MT4; we only created an algorithm based on its described features.Join the discussion on our forum and share your experiences with FastAutolot MT4 or any of the EASY trading robots. Your feedback helps us improve and develop better trading solutions.