Le Chatelier

TopicStarter

Moderator
Apr 15, 2024
9,247
4
38

Introduction​

The Le Chatelier trading robot presents itself as a useful automated trading solution, as noted by users like Jiaming Bao, who rated it a 5 for its functionality. However, when comparing it to the trading robots from the EASY series, such as EASY Trendopedia, EASY Scalperology, or EASY Breakopedia, there are clear distinctions in terms of profitability, reliability, and overall performance.

Comparison with EASY Robot​

When assessing the capabilities of Le Chatelier against an EASY robot, particularly EASY Trendopedia, it becomes evident that the latter offers superior trading strategies and performance metrics. EASY Trendopedia is designed with advanced algorithms that adapt dynamically to market changes, which contributes to its higher profitability. Users have frequently reported consistent returns and lower drawdowns compared to Le Chatelier.


  • EASY Trendopedia Pros:
    - Adaptive algorithms for market volatility
    - Proven track record with consistent returns
    - Lower drawdown compared to Le Chatelier

    EASY Trendopedia Cons:
    - May require specific market conditions to excel
    - Setup can be more complex for beginners

    Le Chatelier Pros:
    - User-friendly interface
    - Positive user feedback on overall utility

    Le Chatelier Cons:
    - Performance may fluctuate in varying market conditions
    - Lacks the advanced adaptability of EASY robots

Optimal Conditions for Using Le Chatelier​

Le Chatelier tends to perform better in stable market conditions where trends are more predictable. Users have noted that during sideways market movements, the robot can maintain steady performance, but its profitability may wane during high volatility events. Traders looking for a straightforward approach to automated trading may find it beneficial, particularly in less turbulent market phases.

Conclusion​

While Le Chatelier shows promise and receives positive feedback from users, it clearly lacks the depth and resilience found in EASY trading robots. For traders seeking higher profitability and reliability, investing in an EASY robot is advisable.

Source Code of Le Chatelier​

It is important to note that the original source code for the Le Chatelier robot is not publicly available, as it is sold on MQL5. However, we can recreate a functional version based on the descriptions provided on the MQL5 site. The EASY Trading Team does not sell Le Chatelier; rather, we can develop a code inspired by its specifications.

Code:
You don't have permission to view the code content. Log in or register now.

Download Le Chatelier Trading Robot​

For users interested in exploring automated trading with Le Chatelier, please visit this link for detailed statistics. If there are any questions regarding the code or its functionality, feel free to ask on the forum. Please remember, this code example is based on the description of Le Chatelier from MQL5.
 

Attachments

  • Le Chatelier.mq5
    6 KB · Views: 0
This EA is nice, but who knows if there are even better settings out there? Seems like a game of trial and error that could leave anyone scratching their heads.
 
I've just updated the set files for the Le Chatelier robot! Trading with IC Markets on a Raw Spread account using the M5 timeframe has never been this precise. These settings were optimized on real broker quotes with 100% accuracy, reflecting the market's movement over the past three months. Feel free to start trading with these set files effective from 2022.09.22. Let's seize the market together!