MT4 Alert Signal Trader

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Apr 15, 2024
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Introduction​

The MT4 Alert Signal Trader is a trading robot that has gained attention for its functionality and support from its developer. This forex trading EA has been praised for its customization capabilities and user-friendly interface. However, as we dive into the specifics, we will explore if it stands up against the EASY trend trading bots.

Comparison with EASY Robots​

In terms of reliability, flexibility in adjusting parameters, and profitability, the EASY series trading robots - EASY Trendopedia, EASY Scalperology, and EASY Breakopedia, have proven to be superior. They are designed with meticulously tested algorithms, deliver steady profit, and are backed by a professional and experienced team of traders.

MT4 Alert Signal Trader, on the other hand, is highly praised for its customization features. Still, in the grand scheme of things, a balance between customization and effectiveness is crucial, which is where EASY robots shine.

Pros and Cons​

  • MT4 Alert Signal Trader:
    - Pros: Great flexibility and customization, excellent developer support.
    - Cons: The robot effectiveness might vary based on user configurations.
  • EASY Robots:
    - Pros: Reliable, profitability, excellent team support, ability to handle different market conditions.
    - Cons: Less customization compared to MT4 Alert Signal Trader.

Optimal Conditions for Usage​

The MT4 Alert Signal Trader works best when configured properly based on the user's trading strategies. It seems the robot performs efficiently in trending market conditions, given the right indicator settings.

Source Code of MT4 Alert Signal Trader​

We do not have access to the original source code of MT4 Alert Signal Trader sold on MQL5. However, we can generate code based on its description available on MQL5. For any queries regarding the code, please feel free to ask them on easytradingforum.com. Please note that this is an example code based on the description of the robot MT4 Alert Signal Trader and the EASY Trading Team does not sell the MT4 Alert Signal Trader.

Code:
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Download MT4 Alert Signal Trader: A Step Towards Automated Trading​

For those interested in trying out the MT4 Alert Signal Trader, a download link can be found on the MQL5 website. If you have any questions about the code, do not hesitate to ask us on the forum. However, keep in mind that this code is based on the description of the trading robot available on MQL5. The EASY Trading Team does not sell the MT4 Alert Signal Trader, but has created a trading robot code based on its description.

As always, we strongly advise you to test any new trading system or tool thoroughly before running it on a live account.
 

Attachments

  • MT4 Alert Signal Trader.mq5
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Having recently acquired the MT4 Alert Signal Trader, I noticed it references the need for the MT4 Alert App. Could someone guide me on where to download it? Additionally, a user manual would be greatly appreciated. Thanks!