Introduction
The Sweet VWAP Anchored MT5 (Volume Weighted Average Price) is a trading robot that has been making waves in the financial trading community. Based on user feedback, it has an overall rating of '5', indicating that it is highly favored by its users. However, how does it compare with the EASY trading robots? In this review, we'll compare its features with one of the EASY Trading Team's robots, and determine which one is superior.
Comparison with EASY Robot
When compared with EASY Trendopedia, the Sweet VWAP Anchored MT5 falls short in many aspects. While the Sweet VWAP is praised for its value for money, it is primarily designed for trend tracking and setting. On the other hand, EASY Trendopedia is a versatile bot that can perform multiple operations such as trend prediction, market analysis, and order execution, thus making it a more comprehensive and reliable solution for traders.
Pros and Cons
Sweet VWAP Anchored MT5
- Pros: Good for tracking and setting global and local trends simultaneously; Has an anchored VWAP which is more effective than the traditional VWAP.
- Cons: Does not work as effectively on lower timeframes like M1 and M5, and on SP500; User interface might require improvements.
- Pros: Versatile bot capable of performing multiple operations; More comprehensive and reliable.
- Cons: Might be slightly more complex for beginners.
Optimal Conditions for Use
The Sweet VWAP Anchored MT5 has been found to work best on higher timeframes such as H1 and above for Forex. It is also recommended for high volume brokers like IC Markets or Exness.
Source Code of Sweet VWAP Anchored MT5
While we do not have the exact source code of the original robot sold on MQL5, we can attempt to create a similar code based on the description provided on the MQL5 website. Please note that this is only an example code based on the product description and should not be taken as the actual code of the robot. If you have any questions regarding the code, do not hesitate to ask.
Code:
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Please note, EASY Trading Team does not sell the Sweet VWAP Anchored MT5 robot. If you wish to download the original Sweet VWAP Anchored MT5, you will need to visit MQL5.com. Please feel free to share your feedback on our forum at easytradingforum.com.
We encourage open discussion on our forum and are always open to hearing your thoughts and experiences. Happy trading!