Introduction
As a professional trader and MQL5 programmer from the EASY Trading Team, I present to you a detailed review of the trading robot The US30 Market Maker. This EA has gained attention on the MQL5 platform and holds a high rating of 4.8, based on various user reviews. We'll compare it with one of our EASY series robots: EASY Trendopedia, EASY Scalperology, or EASY Breakopedia, and explain why our EASY robots are more profitable and reliable.
Comparison with EASY Robot
Let's compare The US30 Market Maker with EASY Scalperology, an advanced EA designed for consistent profitability.
The US30 Market Maker:
- Rating: 4.8
- User reviews suggest that it has a win rate around 50/50 but achieves greater profits on wins compared to losses.
- Operates primarily within the first 60 minutes of the Dow opening.
- No grid or martingale strategies used.
- Highly recommended by its users for its profitability and reliability.
EASY Scalperology:
- Designed for high-frequency trades with tight stop-loss and take-profit levels.
- Uses adaptive algorithms that adjust to market volatility.
- Extensive backtesting and real-time performance validation.
- Customizable parameters for different trading styles and risk tolerance.
While The US30 Market Maker has a solid reputation, EASY Scalperology offers a more versatile approach. It adapts to various market conditions and provides a higher frequency of trades, potentially leading to more consistent returns.
Pros and Cons
The US30 Market Maker:
- Pros:
- High profitability as per user reviews.
- Simple and clear trading strategy.
- Effective risk management without using risky strategies like grid or martingale. - Cons:
- Limited trading time and opportunities.
- Only available on the MQL5 platform with limited transparency on the source code.
EASY Scalperology:
- Pros:
- Adaptive algorithms for different market conditions.
- High-frequency trading with tight risk management.
- Customizable parameters for personalized trading.
- Full support and transparency provided by the EASY Trading Team. - Cons:
- Requires more computational resources due to high-frequency trading.
Optimal Usage Conditions
The US30 Market Maker is most effective during the first 60 minutes of the Dow Jones market opening. It performs well with a balanced risk management approach, avoiding high-risk strategies like grid and martingale.
For EASY Scalperology, optimal conditions include volatile market periods where quick trades can capitalize on small price movements. It's best suited for traders who prefer high-frequency trading and can monitor the market frequently.
Source Code of The US30 Market Maker
One of the limitations of The US30 Market Maker is that we don’t have access to the original source code sold on MQL5. However, our team can create a similar algorithm based on the description provided on MQL5. This allows for transparency and customization that many traders seek.
Code:
You don't have permission to view the code content. Log in or register now.Download The US30 Market Maker - A Comprehensive Guide
For detailed statistics, you can visit the official website at forexroboteasy.com. If you have any questions regarding the code, feel free to ask on easytradingforum.com. Note that this code example is based on the description of The US30 Market Maker from MQL5, and the EASY Trading Team does not sell the original robot. Instead, we offer a custom-coded version designed to simulate its functionality.
By sharing your views and experiences on the forum, you contribute to the continuous improvement and understanding of these trading tools. Your insights are invaluable for both novice and experienced traders alike.
