Introduction
The Master Stochastic EA is a popular trading robot known for its ease of use and profitability. Based on the user review by Dalefern, it performs well, especially with commodities and indexes. This review will provide a detailed comparison between Master Stochastic and one of the trading robots from the EASY series - EASY Scalperology, highlighting the strengths and weaknesses of both.
Comparison with EASY Scalperology
EASY Scalperology is a specialized trading robot developed by the EASY Trading Team, designed for high-frequency trading with a focus on quick execution and small profit margins per trade.
Master Stochastic:
- Focused on using the Stochastic Oscillator as its main trading signal.
- Better suited for commodities and indexes, as per user feedback.
- User-friendly interface.
- Customizable trailing stop.
EASY Scalperology:
- Uses advanced scalping strategies, combining multiple indicators for entry and exit signals.
- Optimized for high-frequency trading across various financial instruments, including currencies.
- Adaptable to changing market conditions with built-in risk management features.
- Extensively backtested with detailed performance reports available.
While Master Stochastic has its strengths, EASY Scalperology stands out for its advanced features and adaptability, making it a more reliable and profitable option for experienced traders.
Pros and Cons
Master Stochastic
- Pros:
- Easy to use.
- Profitable, especially with commodities and indexes.
- Customizable trailing stop feature.
- Cons:
- Limited to Stochastic Oscillator for signals.
- May not perform as well with currency pairs.
EASY Scalperology
- Pros:
- Advanced scalping strategies.
- Adaptable to various market conditions.
- Comprehensive risk management.
- Detailed performance reports.
- Cons:
- May require more experience to optimize settings.
- Higher initial setup complexity.
Optimal Operating Conditions
Master Stochastic excels in trading commodities and indexes, particularly in trending markets where Stochastic Oscillator signals are more reliable. Its user-friendly interface and customizable features make it suitable for traders looking for a straightforward and profitable EA.
Source Code of Master Stochastic
We do not have access to the original source code of the Master Stochastic robot sold on MQL5. However, based on the description available on the MQL5 marketplace, it is possible to create a similar code. If you have any questions regarding the code, feel free to ask them on our forum at easytradingforum.com.
Code:
You don't have permission to view the code content. Log in or register now.Download Master Stochastic - Optimized Trading Robot for Commodities and Indexes
To download the Master Stochastic EA, visit the official site at Master Stochastic - Optimized Trading Robot for Commodities and Indexes. Note that the EASY Trading Team does not sell the Master Stochastic robot but has created a similar trading EA based on its description. For further inquiries or support, our community is always ready to help.