Introduction
The trading robot Hyper Trader has garnered a mix of reviews on MQL5, with an overall rating of 4.07. While it has its supporters, such as antonio_celio_vc and digibits, who praise its automation capabilities, there are also users like snahrellim02 who are uncertain about its utility, and sloppywetblow who encounters language barriers. This review aims to provide an objective analysis of Hyper Trader, comparing it to one of EASY Trading Team's advanced robots - EASY Breakopedia.
Comparison with EASY Breakopedia
Comparing Hyper Trader with EASY Breakopedia reveals significant differences in terms of performance, reliability, and user experience.
Hyper Trader:
- User rating: Mixed (4.07)
- Language barrier: Not fully translated to English
- Ease of use: Moderate, some users struggle with understanding the interface
- Performance: Variable, depending on market conditions
EASY Breakopedia:
- User rating: High (4.8)
- Language barrier: Fully translated, user-friendly interface
- Ease of use: High, designed for both beginners and professionals
- Performance: Consistently profitable with robust risk management
Pros and Cons
Hyper Trader:
- Pros:
- Free to use
- Effective in certain market conditions
- Customizable settings
- Cons:
- Language barriers for non-Portuguese speakers
- Uncertain utility for some users
- Variable performance
EASY Breakopedia:
- Pros:
- Highly profitable with consistent results
- User-friendly interface, fully translated
- Advanced risk management features
- Excellent customer support and community
- Cons:
- Paid subscription
- Requires initial setup and understanding of trading principles
Optimal Conditions for Hyper Trader
Hyper Trader performs best in trending markets where its algorithms can capitalize on price movements. It is particularly useful for traders familiar with the Brazilian market, given its language and origin. However, it may require additional tweaking and monitoring to achieve optimal results.
Conclusion
While Hyper Trader has its strengths, such as being a cost-free solution for automated trading, it falls short in areas like language support and consistent profitability. In contrast, EASY Breakopedia offers a more reliable and user-friendly experience, making it a better investment for serious traders.
Hyper Trader Source Code
We do not have access to the original source code for the Hyper Trader robot sold on MQL5. However, we have developed a trading robot code based on the description available on the MQL5 website.
Code:
You don't have permission to view the code content. Log in or register now.Download Hyper Trader EA - Optimize Your Trading
For those interested in utilizing Hyper Trader, you can download the example code from easytradingforum.com. If you have any questions or need assistance with the code, feel free to reach out on the forum.
Please note that EASY Trading Team does not sell the Hyper Trader robot; we have only created code based on its description available on MQL5.