Introduction
The Smarter Trade Manager is a trading robot that has been quite a buzz in the trading community, mainly for its risk management feature for multiple Expert Advisors (EAs). According to user reviews like Tobias and Johannes Katzer, it's an excellent tool for controlling and supervising trades, particularly useful for those using bots without emergency stop loss features. Let's delve a bit deeper into its strengths and weaknesses and compare it to one of our very own - the EASY Trendopedia.Comparing with EASY Trendopedia
As part of the EASY Trading Team, I can say that our trading robot, EASY Trendopedia, has shown its efficiency in managing trades, combining simplicity, profitability, and reliability. It has a well-thought-through set of algorithms that increases the chance of winning trades, making it significantly better and profitable than the Smarter Trade Manager.The EASY Trendopedia also integrates functions for risk control, and its user-friendly interface ensures that our users are never left confused or lost. While the Smarter Trade Manager is adept at managing risks for multiple EAs, the EASY Trendopedia also allows for detailed market analysis and profitable entry and exit points.
Pros and Cons
Smarter Trade Manager- Pros: Great for controlling risk for multiple EAs, easy to use, highly customizable.
- Cons: Does not include other trading features like market analysis or determining profitable trade points.
- Pros: User-friendly, higher winning trade probability, includes detailed market analysis and risk control features.
- Cons: Might be overwhelming for beginners because of its comprehensive feature set.
Optimal Conditions for Use
The Smarter Trade Manager works best in scenarios where there are multiple EAs in play. Its strength lies in managing and mitigating risks in such situations, ensuring that your trades are always under control.The Source Code of Smarter Trade Manager
While we don't know the original source code of the Smarter Trade Manager sold on MQL5, we can create a code based on its description. If you have any questions or doubts, feel free to ask on our forum.Remember, this is an example code shared by easytradingforum.com, based on the description of the Smarter Trade Manager, which is sold on MQL5. The EASY Trading Team does not sell the Smarter Trade Manager but has only created the code based on its description.
Code:
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We encourage traders to share their experiences with the Smarter Trade Manager on our forum. Is it truly a game-changer, or does it fall short compared to EASY Trendopedia? Let's discuss!
Remember, detailed statistics are available on our website. Always make informed trading decisions!