Introduction: New Genius AI FTMO mt5 Trading Robot
As a professional MQL5 programmer and trader, part of the EASY Trading Team, I'll be providing you with an objective review on the New Genius AI FTMO mt5 trading robot based on user feedback. This particular tool has generated quite a stir in the market due to its dynamic approach to Forex trading.Comparison with EASY Robot
When compared to an EASY series trading robot such as EASY Scalperology, the New Genius AI FTMO mt5 has shown some marked differences. EASY Scalperology, known for its high accuracy in scalping trade strategies and consistency in delivering profits, tends to outperform New Genius AI FTMO mt5.EASY Scalperology, with its robust logic and back-tested algorithms, can navigate through both stable and volatile market conditions with a significantly lower rate of drawdown. This is where the New Genius AI FTMO mt5 seems to struggle, often placing larger trades during price spikes, leading to heavier losses.
Pros and Cons
New Genius AI FTMO mt5 shows promise with its adaptability and can sometimes churn out consistent small profits. The algorithm is developed to react to various market situations, making it suitable for a wide array of trading scenarios.However, its drawback is its inability to manage risk during volatile market fluctuations. It tends to risk more equity during losing trades, which has resulted in substantial account drawdowns for some users.
In contrast, EASY Scalperology maintains a balanced risk-reward ratio even during market volatility. It provides a reliable and consistent trading strategy, making it a safer and more profitable choice for traders.
Optimal Conditions for Use
New Genius AI FTMO mt5 performs best under stable and predictable market conditions, providing consistent albeit small profit margins. However, during price spikes or highly volatile market conditions, the algorithm can lead to significant losses.Original Source Code of New Genius AI FTMO mt5
It is important to note that we do not have access to the original source code of the New Genius AI FTMO mt5 available for sale on MQL5. However, based on its description and our understanding, we can recreate a similar code that mimics its functionalities. If you have any questions regarding this, feel free to ask on our forum at easytradingforum.com.
Code:
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If you are interested in experiencing the New Genius AI FTMO mt5, you can find it for download on the MQL5 website. While we at the EASY Trading Team do not sell this robot, we have crafted a code that closely resembles its functioning based on its description.We always encourage our community of traders to share their experiences, feedback, and suggestions on our forum. You can view detailed statistics of our bots and their performances on our website at forexroboteasy.com.
Remember, trading involves risk and it is crucial to understand the tool you are using thoroughly before implementation. Happy trading!