Introduction
NAM Order Blocks is a trading robot designed to assist traders in identifying and executing trades based on order block strategies. While the robot has garnered a mixed bag of reviews, it has achieved an overall rating of 5 from a satisfied user. However, it has also faced criticism for certain coding issues that may affect its usability.Comparison with EASY Robot
When comparing NAM Order Blocks to the EASY series trading robots, such as EASY Trendopedia, we can observe distinct differences in performance, profitability, and reliability.- **EASY Trendopedia** is specifically designed to capture market trends effectively, ensuring consistent signals and better risk management.
- On the other hand, NAM Order Blocks appears to struggle with certain technical aspects, as highlighted by a user who noted issues with line management across time intervals.
In terms of profitability, EASY Trendopedia has proven to be a more robust choice for traders seeking reliability in their strategies. It has undergone extensive testing, ensuring a higher success rate compared to NAM Order Blocks.
Pros and Cons
NAM Order Blocks:- Pros:
- User-friendly interface
- Positive feedback regarding support - Cons:
- Poor coding quality leading to usability issues
- Inability to clear drawn lines effectively
- Annoyance due to changes in line types
EASY Trendopedia:
- Pros:
- Higher reliability and profitability
- Fine-tuned risk management
- Consistent trends identification - Cons:
- Higher initial investment compared to free bots
Optimal Conditions for Use
NAM Order Blocks operates best in trending markets where order blocks are clearly defined. This environment can leverage the robot's strengths in identifying potential reversal points. However, traders should remain cautious, particularly in volatile conditions where the robot's limitations may be more pronounced.Source Code of NAM Order Blocks
The actual source code of the NAM Order Blocks robot is not publicly available, as it is sold on the MQL5 marketplace. However, we can create an algorithm based on the robot's description provided on the MQL5 website. The EASY Trading Team does not sell NAM Order Blocks but has developed code inspired by its description.
Code:
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If you have any questions regarding the code or the functionality of NAM Order Blocks, feel free to ask. This example code is derived from easytradingforum.com based on the description of the NAM Order Blocks algorithm available on MQL5.We encourage users to share their experiences and insights on the forum, as community feedback can greatly enhance understanding and application of this trading robot.