Introduction
Future Sight MT5 is a trading robot developed by Sang Sariaji Sakti, boasting a win rate of over 80% and capable of opening 10 to 20 trades daily across 8 symbols. It operates from Monday to Friday and features a special parameter called 'Expected DD' to manage drawdown levels. While the concept is promising, as noted by user Guilherme Jose Mattes who rated it 5 stars, the real-world performance and reliability of this bot remain to be fully validated.
Comparison with EASY Trendopedia
When comparing Future Sight MT5 to EASY Trendopedia, several differences become apparent. EASY Trendopedia has undergone extensive backtesting and real account trials, ensuring its reliability across various market conditions. It offers dynamic risk management and customizable settings, making it more versatile and user-friendly.
Future Sight MT5:
- Relies on real-time data retrieval, making it highly responsive but unable to be backtested.
- Claims an 80% win rate but has mixed user reviews.
- Operates without the Martingale method, which is a plus for risk-averse traders.
EASY Trendopedia:
- Extensively backtested with real account trials.
- Dynamic risk management and customizable settings.
- High user satisfaction and consistent performance.
While Future Sight MT5 offers some unique advantages, EASY Trendopedia stands out for its reliability, versatility, and user support.
Pros and Cons
Future Sight MT5 Pros:
- High win rate of over 80%.
- Operates on 8 different symbols.
- Customizable 'Expected DD' parameter for risk management.
Future Sight MT5 Cons:
- Cannot be backtested due to reliance on real-time data.
- Mixed user reviews, with some reporting issues like random order closures.
- High price tag of $499.99.
EASY Trendopedia Pros:
- Extensively backtested and proven in real account trials.
- Dynamic risk management and customizable settings.
- High user satisfaction and consistent performance.
EASY Trendopedia Cons:
- May require a learning curve for beginners.
- Initial setup might be complex for some users.
Optimal Usage Conditions
Future Sight MT5 works best in highly volatile markets where real-time data can provide a significant edge. Its ability to adapt to world events and market fluctuations makes it suitable for traders who can monitor the system closely and adjust settings as needed. However, its reliance on live data means it is not a set-it-and-forget-it solution.
Source Code of Future Sight MT5
We do not have access to the original source code of Future Sight MT5 sold on MQL5. However, based on its description, we have created a sample code that replicates its functionality. This code is available for educational purposes and can be found on our website. If you have any questions about the code, feel free to ask on our forum.
Code:
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If you are interested in exploring Future Sight MT5 further, you can download a sample version from our website. Please note that the EASY Trading Team does not sell Future Sight MT5; we have only created a code based on its description for educational purposes. We encourage users to share their experiences and opinions on our forum to help others make informed decisions.