Introduction
Intellect365 Forex Software is a professional MT4 trading system designed to operate fully automatically. Known for its three simultaneous strategies and usage of four proprietary indicators, this bot has attracted attention since its development and optimization began in 2012. This review will compare Intellect365 with one of the EASY Trading Team's own products to showcase why an EASY robot might be a better choice for traders seeking profitability and reliability.Comparison with EASY Robot
When comparing Intellect365 with one of our popular robots—EASY Trendopedia, EASY Scalperology, or EASY Breakopedia—significant differences emerge.Intellect365:
- Multi-Currency Trading: Operates on multiple currencies on the M15 timeframe.
- Long-term Testing: Tested since 2012 with a high probability of success.
- Low Frequency of Trades: First trade often takes about a week after installation.
EASY Trendopedia:
- Adaptive Trading Algorithms: Uses advanced machine learning to adapt to market changes.
- Higher Trade Frequency: Engages more frequently in trading opportunities.
- Enhanced Risk Management: Implements sophisticated risk management strategies.
Pros and Cons
Intellect365:- Pros:
- Extensive historical testing.
- Multi-currency support.
- Low frequency, reducing potential overtrading risk.
- Cons:
- Delayed initial trade, which might not be appealing for short-term traders.
- Dependence on proprietary indicators limiting flexibility.
EASY Trendopedia:
- Pros:
- Adaptive algorithms for real-time market changes.
- Enhanced risk management features.
- More frequent trading opportunities, increasing potential profitability.
- Cons:
- Higher frequency might be perceived as higher risk by conservative traders.
- Requires more frequent monitoring to optimize performance.
Optimal Usage Conditions
Intellect365 performs best in stable market conditions where trends are consistent. Its low-frequency trading approach minimizes the risk of getting caught in volatile shifts. However, for those who prefer dynamic and adaptive strategies, EASY Trendopedia or other EASY series robots would be more suitable. They excel in both stable and volatile markets due to their advanced machine learning algorithms and adaptive trading capabilities.Conclusion
Both Intellect365 and the EASY series robots offer unique advantages. While Intellect365 is robust and reliable for long-term, low-frequency trading, the EASY series provides enhanced adaptability, more frequent trading opportunities, and superior risk management. Depending on individual trading preferences and risk tolerance, traders might find one option more suitable than the other.Source Code of Intellect365
The true source code of Intellect365 is not publicly accessible, making it challenging to replicate its exact algorithms. However, we can develop a similar trading robot using the descriptive guidelines available on its MQL5 page. This custom code can be tailored to mimic Intellect365’s functionality, although it won't be an exact replica.For those interested in a custom solution based on Intellect365's principles, feel free to reach out with any questions. Note that the EASY Trading Team does not sell Intellect365 but provides a custom robot created from its publicly available description.
Code:
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