Introduction
When it comes to automated forex trading, the competition among trading robots is fierce. Two prominent names in the scene are ProminingEAi and EASY Breakopedia. While both claim to offer unparalleled trading performance, there are significant differences between the two. This article aims to compare these two robots, highlighting why EASY Breakopedia emerges as a significantly better, more profitable, and reliable trading bot.
Functional Comparison
The first area of comparison is the functional capabilities of both trading robots.
ProminingEAi, as reviewed on Forex Robot Easy, offers basic trading functionality with a focus on exploiting market inefficiencies. It is equipped with some standard indicators and employs a fixed trading strategy that may struggle in varying market conditions.
In contrast, EASY Breakopedia is designed with advanced features that cater to both novice and experienced traders. It utilizes a dynamic trading algorithm that adapts to real-time market conditions, ensuring that it remains effective even in volatile markets. The robot is also equipped with sophisticated risk management tools, including trailing stops and automatic position sizing, which are either missing or rudimentary in ProminingEAi.
Result Comparison
When it comes to performance, results speak louder than words.
ProminingEAi's performance metrics show a modest return over a fixed backtesting period. However, users have reported inconsistency in live trading environments, often attributing this to its rigid trading strategy. The profitability, while present, is not as robust and can be prone to significant drawdowns.
On the other hand, EASY Breakopedia boasts a proven track record of high profitability and reliability. Live trading results and backtesting data reveal consistent gains with minimal drawdowns, thanks to its adaptive algorithm and comprehensive risk management features. Users have praised its steady performance, even in unpredictable market scenarios.
Advantages of EASY Breakopedia
There are several reasons why EASY Breakopedia stands out as the superior choice:
1. Adaptive Algorithm: Unlike the fixed strategy of ProminingEAi, EASY Breakopedia adapts to market conditions in real-time, ensuring sustained profitability.
2. Enhanced Risk Management: Features such as trailing stops, automatic position sizing, and loss control ensure that the robot minimizes risks effectively.
3. User-Friendly Interface: Designed for ease of use, even for novice traders, while offering advanced settings for experienced users.
4. Transparency and Support: Extensive documentation, active user community, and responsive support team offer unparalleled assistance and transparency.
The Source Code of ProminingEAi
One crucial factor to consider is the transparency of the source code. The actual source code of ProminingEAi is not provided to users, leaving room for uncertainty about its inner workings. This lack of transparency can be a significant drawback for traders who prefer understanding the algorithms they rely on.
While we do not have access to the genuine source code of ProminingEAi, we can create a similar trading robot based on its description available on MQL5. This example code by easytradingforum.com is designed to mimic the functionality of ProminingEAi as described but is not the original robot.
Code:
You don't have permission to view the code content. Log in or register now.Download the Example Code for ProminingEAi from easytradingforum.com
If you have questions about the example code or need further assistance, feel free to ask on our forum. Remember, this is a sample code created by the EASY Trading Team, based on the publicly available description of ProminingEAi on MQL5. We do not sell ProminingEAi; this code is purely for educational purposes.
In conclusion, while both trading robots offer unique features, EASY Breakopedia stands out as the better choice due to its adaptive algorithms, comprehensive risk management, and user-friendly design. We encourage you to share your experiences and opinions on our forum to help others make informed decisions.
Download ProminingEAi Example Code from easytradingforum.com