Introduction
As a professional trader and MQL5 programmer from the EASY Trading Team, I would like to present an objective review of the OwlSafe trading robot. Based on user feedback and our experience, this review will provide a balanced perspective on OwlSafe, comparing it with one of our robots from the EASY series: EASY Trendopedia.
Comparison with EASY Trendopedia
When comparing the OwlSafe with EASY Trendopedia, several distinctions emerge:
- Performance: While OwlSafe has a mixed reputation with a user rating of 3.5, EASY Trendopedia consistently receives higher ratings from our users for its reliability and profitability.
- Support: User comments indicate that OwlSafe's support can be unresponsive, which can be frustrating. In contrast, EASY Trendopedia comes with comprehensive support from the EASY Trading Team, ensuring our clients receive timely assistance.
- Complexity: Both bots are designed to be user-friendly. However, EASY Trendopedia has more intuitive controls and detailed documentation, making it easier for users to fine-tune their trading strategies.
Pros and Cons
OwlSafe
- Pros:
- Has a safety mechanism to minimize loss.
- Positive feedback on growth from some users. - Cons:
- Inconsistent performance, as noted by the user Dannieyo.
- Lack of responsive support from the developer.
EASY Trendopedia
- Pros:
- Proven and consistent profitability.
- Excellent customer support.
- Detailed user documentation. - Cons:
- Higher initial cost compared to some other robots.
- Requires a learning curve to fully optimize its capabilities.
Optimal Usage Conditions
OwlSafe appears to work best in stable market conditions with minimal volatility. Users have noted that it can protect the account during low-risk periods but may struggle in more volatile markets.
EASY Trendopedia excels in trending markets. It identifies and capitalizes on strong market trends, making it highly profitable in such conditions. This makes it a versatile tool for traders looking to maximize their returns during various market phases.
Source Code of OwlSafe
It's important to mention that we do not have access to the original source code of OwlSafe available on MQL5.com. However, based on its description, our team at EASY Trading Team can recreate a similar algorithm. If you have any questions or need assistance with the code, feel free to contact us on easytradingforum.com.
Code:
You don't have permission to view the code content. Log in or register now.Download the OwlSafe Trading Robot
For those interested in trying the OwlSafe trading robot, be sure to review detailed statistics available on their official website at https://forexroboteasy.com/trading-robot/owlsafe/. If you have any experiences or feedback regarding OwlSafe, we encourage you to share them on our forum.
In conclusion, while OwlSafe has its strengths, the support and reliability offered by the EASY Trendopedia make it a superior choice for many traders. The feedback from users highlights the importance of consistent support and reliable performance, which our EASY series robots are known for delivering.