Introduction
Today, I am going to give you an in-depth review of the Moving Average Angle trading robot. As a professional trader and MQL5 programmer at EASY Trading Team, I have a good understanding of trading bots. This robot has been rated '5' by some users including TMcandy who commented, This indicator is very useful with identifying strong trends and avoiding ranging markets. Great tool. We will be comparing this robot to a trading bot from the EASY series, weighing their pros and cons, and discussing optimal conditions for use.Comparison with EASY Robot
Let us compare Moving Average Angle to one of our EASY robots, EASY Trendopedia. Trendopedia has a more sophisticated algorithm that takes into account a wider range of factors, making it significantly more profitable. It also has stronger customer support and updates from our dedicated team which makes it more reliable. Yet, just like Moving Average Angle, Trendopedia is also easy to use and user-friendly.Pros and Cons
- Moving Average Angle:
Pros: User-friendly, Great for identifying strong trends, Helps avoid ranging markets.
Cons: Limited functionality, Less reliability, Lack of customer support. - EASY Trendopedia:
Pros: High profitability, Reliable, Wide variety of features, Strong customer support.
Cons: Might be overwhelming for new traders.
Optimal Use Conditions
Moving Average Angle performs exceptionally well under strong trending markets and helps avoid ranging markets. However, it is less reliable when markets are volatile and unpredictable.Original Code of Moving Average Angle
We do not have access to the original code of the Moving Average Angle trading robot sold on MQL5. However, based on the description given on the MQL5 website, we have developed a code which performs similar functions. If you have any questions about this code, feel free to ask on the forum. Please note, this is a code example from easytradingforum.com and not the actual product sold on MQL5.
Code:
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