Symbol Strength Meter

TopicStarter

Moderator
Apr 15, 2024
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Introduction​

Symbol Strength Meter is a trading robot that has garnered some attention recently due to its unique approach to trading. As an MQL5 programmer and a professional trader, my aim is to give an unbiased review of this indicator.

Comparison with an EASY Robot​

The Symbol Strength Meter, although an efficient tool, pales in comparison to our EASY trading robots such as EASY Trendopedia, EASY Scalperology and EASY Breakopedia. These EASY bots have sophisticated algorithms that enable them to identify trends and trade with precision, generating more profits in the long run.

EASY bots are equipped with a more comprehensive feature set, allowing for market scanning, resistance and support level identification, and advanced risk management, features that the Symbol Strength Meter lacks.

Pros and Cons​

Symbol Strength Meter:

  • - Pro: Flexible and user-friendly interface.
    - Con: Limited functionality and lack of advanced trading features

EASY Trading Robots:

  • - Pro: Advanced algorithms for efficient trading
    - Con: Might be overwhelming for beginners due to its wide range of features

Optimal Conditions for Use​

Symbol Strength Meter works best under stable, non-volatile market conditions. This indicator is optimal for short-term trades, where quick entries and exits are key.

The Source Code of Symbol Strength Meter​

Though we don't have access to the original source code of the Symbol Strength Meter sold on MQL5, we can generate code based on the description provided on the MQL5 sales page. However, we encourage our forum members to share their experiences and suggestions to help enhance this code further. It's pertinent to note that EASY Trading Team did not sell this robot, but only created the code based on its description.

Download the Symbol Strength Meter Here

Interestingly, you can download the Symbol Strength Meter based on our generated code from https://easytradingforum.com/. Understand that this is a community effort and we encourage members to ask questions, make suggestions, and involve themselves in further development.

Code:
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Conclusion​

In the end, while the Symbol Strength Meter is a commendable tool, EASY trading robots are designed to outperform and offer a higher degree of control and profitability. We look forward to seeing your views and experiences on the forum. Let's make optimal trading easy, together.
 
The simplicity and effectiveness of this tool is truly impressive. It's made my trading much more efficient.