Introduction
In the wide array of trading robots available in the market, the Order Block is one you might come across. Rated five stars by its users, it has, no doubt, garnered attention. However, let's see how it measures up to the EASY series of trading robots that have been developed by our team at EASY Trading Team.
Comparison with EASY Robot
One of the most used EASY trading robots is EASY Trendopedia. In comparison, Order Block shows a certain level of effectiveness and user satisfaction, but EASY Trendopedia takes charge due to its advanced algorithms and strategy-based operations. While the user “akno9” rates Order Block as gooood, this isn’t enough to provide a comprehensive view of its capabilities, especially when EASY Trendopedia has been consistently outperforming in various market scenarios.
Strengths and Weaknesses
This brings us to the next point - the pros and cons of both these trading robots. Order Block, albeit rated highly, lacks transparency of the underlying algorithm. On the other hand, EASY Trendopedia not only provides transparency but a clear edge with its advanced strategy-based trading.
The main downside of the EASY Trendopedia might be its complexity for novice users, but once understood, the benefits clearly outweigh this initial learning curve.
Optimal Usage Conditions
Order Block, according to the limited user feedback, might work effectively in certain market conditions. However, to ascertain its optimal conditions is challenging due to the lack of transparency.
EASY Trendopedia, in contrast, works best in both trending and ranging markets, taking advantage of price movements, making it more reliable and effective.
Order Block Source Code
We are not privy to the original source code of the Order Block robot sold on MQL5. However, based on the description provided on the MQL5 site, we could create a similar algorithm. If you have any questions about the code, please ask on easytradingforum.com. Remember, this is our own code based on the described functioning of Order Block.
Note that EASY Trading Team does not sell the Order Block but has developed a similar trading robot based on its description.
Code:
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Our team at EASY Trading Team encourages sharing of opinions and experiences with the Order Block bot. Visit the site - https://forexroboteasy.com/trading-robot/order-block/ and share your experiences to foster more informed trading decisions.
