Introduction
Welcome to another in-depth comparison from the EASY Trading Team, where we analyze and compare some of the most popular trading robots available on the market. Today, we will be comparing the Supertrend Indicator Scanner with our very own EASY Scalperology. As professional traders and MQL5 programmers, we have the expertise to evaluate the strengths and weaknesses of both trading robots. In this article, we will explain why EASY Scalperology is significantly better, more profitable, and reliable than the Supertrend Indicator Scanner.
Comparing Functionality
When it comes to functionality, Supertrend Indicator Scanner operates based on a popular trend-following indicator, allowing it to identify and act on emerging trends. This can be effective for capturing substantial market moves but may struggle in choppy or sideways markets.
In contrast, EASY Scalperology employs a sophisticated scalping strategy, which includes multiple indicators and advanced algorithms designed to execute quick in-and-out trades. This approach minimizes market exposure and leverages small price movements, making it highly effective in volatile and ranging markets.
Key Functional Differences:
- Supertrend Indicator Scanner: Relies mainly on trend-following; effective in trending markets.
- EASY Scalperology: Uses advanced scalping techniques; adaptable to various market conditions.
Comparing Results
Results are the ultimate measure of a trading robot's effectiveness. The Supertrend Indicator Scanner has shown decent profitability in trending markets but can generate significant drawdowns and losses in sideways or choppy conditions.
On the other hand, EASY Scalperology has consistently outperformed its competitors due to its dynamic strategy. Our backtests and live trading results indicate higher profitability and lower drawdowns. This robot is designed to make quick profits and mitigate risks effectively, providing a more stable equity curve.
Advantages of EASY Scalperology
EASY Scalperology stands out for several reasons:
- Higher Profitability: Our bot has shown a better profit-to-drawdown ratio in various market conditions.
- Advanced Risk Management: Incorporates sophisticated risk management techniques to minimize losses.
- Adaptability: Capable of thriving in both trending and ranging markets due to its dynamic strategy.
- User-Friendly Interface: Designed with the user in mind, making it easy to set up and use even for beginners.
- Ongoing Support: Our team provides continuous updates and support to ensure optimal performance.
Source Code for Supertrend Indicator Scanner
It's important to note that we do not have access to the true source code of the Supertrend Indicator Scanner sold on MQL5. However, we can create a similar code based on its description available on the MQL5 website. This allows us to understand its functionality and make accurate comparisons.
Code:
You don't have permission to view the code content. Log in or register now.Download Supertrend Indicator Scanner - Your Guide
If you're interested in learning more about the Supertrend Indicator Scanner or trying it out, feel free to visit the official review page.
Should you have any questions about the code or functionalities, we invite you to ask them on our forum at easytradingforum.com. Please note that this is an example code based on the available description, and the EASY Trading Team does not sell the Supertrend Indicator Scanner. Instead, we offer a custom-created code that mirrors its described features.
In conclusion, while the Supertrend Indicator Scanner is a good tool for trend-following, EASY Scalperology’s advanced scalping techniques and robust risk management make it a superior choice for traders seeking consistent profitability and reliability. We encourage you to share your experiences and thoughts on our forum. Happy trading!