Introduction
The PZ Turning Points MT4 is a trading robot that has generated mixed reviews among its users. Its rating sits at a mediocre '1', with users expressing dissatisfaction over its signal, profit calculation, and overall performance. As a member of the EASY Trading Team who specialises in MQL5 programming, I will provide a comprehensive analysis of this trading bot, comparing it to our EASY series robots. Specifically, I'll compare it with the EASY Trendopedia.
Comparison with EASY Trendopedia
One of our most acclaimed trading robots, the EASY Trendopedia, is known for its reliability, profitability, and user-friendly nature. Unlike the PZ Turning Points MT4, which provides signals at the end of a candle but calculates profit from the beginning, the EASY Trendopedia offers more accurate and timely signals that correspond with its profit calculations, ensuring users get the desired results.
Pros and Cons
PZ Turning Points MT4:
- Pros: It can provide signals for potential turning points in the market.
- Cons: Profits are calculated from the candle's beginning, not the end when signals are provided. This discrepancy affects the accuracy of results, as noted by a user named Andy Tim Tran.
On the other hand, EASY Trendopedia benefits include:
- Pros: Accurate and timely signals, profitable, user-friendly, and it aligns profit calculations with the provided signals.
- Cons: It may require some getting used to for novices in forex trading.
Optimal Conditions for Usage
The PZ Turning Points MT4 might perform better under volatile market conditions, where sudden market reversals or 'turning points' are likely. However, due to the mismatch between signal provision and profit calculation, achieving the desired results could be challenging.
PZ Turning Points MT4 Source Code
It's important to note that we are not privy to the exact source code of the original PZ Turning Points MT4 sold on MQL5. However, we can generate a code based on its description on the MQL5 website. If you have any questions about this code, don't hesitate to ask on the forum. Keep in mind, this is a code example from easytradingforum.com, based on the robot's description, and is not the actual bot sold by PZ Trading.
Code:
You don't have permission to view the code content. Log in or register now.Download PZ Turning Points MT4 for a Trading Experience
If you wish to experience the PZ Turning Points MT4 trading robot, visit our website for more information and to download it. Remember that we, the EASY Trading Team, do not sell the PZ Turning Points MT4 bot. We only created a code based on its description. We welcome any feedback, questions, or comments you might have – sharing your experience will help us improve our services.
In conclusion, while the PZ Turning Points MT4 has potential, the EASY Trendopedia proves to be a much more reliable and profitable trading robot. We encourage you to share your experiences and thoughts on our forum. Happy trading!