Introduction
The Gann Made Easy trading robot claims to simplify the complex theories of W.D. Gann into an easy-to-use indicator. With features like real-time BUY and SELL signals, Stop Loss and Take Profit levels, and PUSH notifications, it aims to provide a robust trading experience. User reviews are generally positive, highlighting its profitability and ease of use. However, it's essential to compare it with other trading robots to understand its true value.Comparison with EASY Trendopedia
When comparing Gann Made Easy with our own EASY Trendopedia, several differences become apparent. EASY Trendopedia is designed to identify and follow market trends with high accuracy, making it more reliable for long-term trading. In contrast, Gann Made Easy focuses on short-term signals based on Gann's theories.Advantages of EASY Trendopedia:
- Higher accuracy in trend identification
- Suitable for long-term trading
- Extensive backtesting and forward testing
- User-friendly interface with customizable settings
Advantages of Gann Made Easy:
- Simplifies complex Gann theories
- Real-time BUY and SELL signals
- PUSH notifications for alerts
While Gann Made Easy is effective for short-term trades, EASY Trendopedia offers a more comprehensive solution for traders looking to capitalize on long-term trends.
Pros and Cons
Pros of Gann Made Easy:- User-friendly interface
- Real-time market analysis
- Customizable settings
- Positive user reviews
Cons of Gann Made Easy:
- Requires additional tools for maximum accuracy
- Limited to short-term trading
- No guarantee of profits
Pros of EASY Trendopedia:
- High accuracy in trend identification
- Suitable for various market conditions
- Extensive testing and validation
- Customizable settings
Cons of EASY Trendopedia:
- Higher initial cost
- Requires understanding of trend trading
Optimal Conditions for Use
Gann Made Easy works best in volatile market conditions where short-term signals can be highly profitable. It's particularly effective on American indices in lower timeframes like M1-M5. However, it requires additional tools and strategies to maximize its potential. Traders should be cautious and combine it with their own market analysis.Conclusion
While Gann Made Easy offers a simplified approach to Gann's complex theories, it is not without its limitations. It excels in short-term trading but requires additional tools for maximum accuracy. In comparison, EASY Trendopedia provides a more comprehensive solution for long-term trend trading. We encourage users to share their experiences and opinions on our forum.Source Code of Gann Made Easy
We do not have access to the original source code of the Gann Made Easy robot sold on MQL5. However, we have created a sample code based on its description, which can be found on our website. This code is for educational purposes and should not be considered the original algorithm.
Code:
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