Introduction
The MyGrid Scalper is a trading robot, catering to scalping strategies, and has been on the radar of traders for some time now. With mixed reviews from users and a rating of 3.9, it seems fitting to take a closer look at this bot, comparing it with our very own EASY Trendopedia.Comparison with EASY Robot
The MyGrid Scalper, as reported by some users, shows potential in scalping trades, enabling quick gains with minimal risk. On the other hand, some users have complained about significant losses and even wiped accounts.EASY Trendopedia, part of the EASY Trading Team's series, heavily contrasts this. Trendopedia exhibits a reliable performance, showcasing a lower risk profile, more consistent profits, and a significantly more user-friendly interface. It leverages advanced algorithms for trend detection, making it superior in terms of risk management and profit generation.
Pros and Cons
MyGrid Scalper's strength lies in its speed, with swift trades leading to quick gains. However, its weaknesses come into play when the volatility of the markets increases, leading to potential losses, as noted by some users.On the other hand, EASY Trendopedia's primary strength lies in its robust algorithm, designed to adapt to market changes, therefore ensuring consistent profits. The main critique could be its complexity, which might be intimidating for novice traders.
Optimal Conditions of Use
The MyGrid Scalper performs best under stable market conditions, which is optimal for scalping strategies. However, it seems to falter in volatile markets, as per user feedback.Source Code of MyGrid Scalper
It should be noted that the original code for MyGrid Scalper, which is sold on MQL5, is not known to us. However, we have taken a stab at recreating the code based on the description provided on MQL5. Should you have any queries regarding the code, feel free to ask on our forum (easytradingforum.com). Please note, the code provided is merely a recreation, and the trading bot MyGrid Scalper is not sold by the EASY Trading Team.
Code:
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