Introduction
Miliarto is a trading robot offered on the MQL5 platform, which has garnered positive reviews from users, attaining a rating of 4.27. The robot is praised for its performance, especially in trading BTC, as reflected in the comments from the MQL5 community. This article aims to provide an unbiased review of Miliarto while comparing it to one of the EASY Trading Team's robots—EASY Trendopedia, EASY Scalperology, or EASY Breakopedia.Comparison with EASY Trendopedia
EASY Trendopedia, a part of the EASY Trading Team's series, is renowned for its reliable trend-following strategy, contrasting with Miliarto's martingale approach. Trendopedia emphasizes consistent profit generation with lower risk, making it suitable for cautious traders.- Profitability: EASY Trendopedia has demonstrated stable and consistent profits over a longer period, while Miliarto has shown impressive short-term gains, particularly in volatile markets like BTC.
- Risk Management: EASY Trendopedia employs a more conservative risk management strategy, whereas Miliarto's martingale methodology could lead to significant drawdowns.
- User Experience: Both robots have received positive feedback, but EASY Trendopedia is often highlighted for its user-friendly interface and ease of setup.
- Platform Compatibility: EASY Trendopedia is fully optimized for MT4 and MT5, offering more flexibility than Miliarto, which users have requested to see on MT5.
Pros and Cons
Miliarto:- Pros:
- High profitability in volatile markets
- Positive user feedback
- Effective in BTC trading
- Cons:
- Uses a martingale strategy, increasing risk
- Not available on MT5
- Requires high leverage and initial investment as per user feedback
EASY Trendopedia:
- Pros:
- Consistent and stable profits
- Conservative risk management
- Available on both MT4 and MT5
- Easy to set up and adjust settings
- Cons:
- May not capitalize on highly volatile market conditions as aggressively as Miliarto
Optimal Conditions for Use
Miliarto performs best in markets with high volatility, where its aggressive strategy can capitalize on rapid price movements. According to user feedback, an optimal setup includes a minimum leverage of 1:1000 and an initial investment of $3000. Adjusting settings before operation is crucial for maximizing the robot's potential.Source Code of Miliarto
It is important to note that the original source code of Miliarto is not publicly available. However, the EASY Trading Team can generate a similar code based on the robot's description from the MQL5 website. This service assists traders in understanding and potentially customizing the algorithm according to their requirements.If any user has questions about the code, we encourage you to ask on our forum, easytradingforum.com. Please remember that our team does not sell the Miliarto robot but offers a code developed from its description.
Code:
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If you are interested in trying the Miliarto trading robot, you can find more information and make your purchase on the MQL5 platform. The team encourages users to share their experiences and feedback on our forum to foster a collaborative trading community.For further details on Miliarto and to stay updated with the latest developments, visit Forex Robot Easy: Miliarto Trading Bot Review.