Introduction
Welcome to our review on the UniversalMA EA trading robot. As a professional trader and an MQL5 programmer from the EASY Trading Team, I will provide a comprehensive review based on user comments and a direct comparison with one of our EASY trading robots. Let's get started.Comparison with EASY Robot
Our analysis starts with a comparison with one of our well-optimized robots from the EASY series: the EASY Trendopedia. The user metaharlock75 gave UniversalMA EA a rating of 1 and described it as a USELESS piece of junk. The user noted a lack of graphical indicators and frequent instances of positions opening against the trend.EASY Trendopedia, on the contrary, provides user-friendly graphical indicators and a high level of accuracy in trend prediction. Its logic is designed to strictly follow the market trend, reducing the risk of counter-trend operations.
Pros and Cons
Pros of Universal MA EA:
- Could perform well during optimization
- Non-user-friendly interface
- Frequent counter-trend operations
Pros of EASY Trendopedia:
- User-friendly graphical interface
- High accuracy in trend prediction
- Reliable performance in various market conditions
- Requires careful parameter tuning for optimal performance
Optimal Conditions for Use
UniversalMA EA might perform better in highly volatile markets, where sudden trend reversals are more probable. However, it's always recommended to use it with caution due to its potential for opening positions against the trend.EASY Trendopedia, on the other hand, shows good results in trending markets and during periods of high liquidity. Its performance can be improved by fine-tuning parameters based on market conditions.
Source Code of UniversalMA EA
We don't have access to the original source code of UniversalMA EA sold on MQL5, but an equivalent code can be written based on its description from the MQL5 site. If there are any questions about the code, feel free to ask. Kindly note that the code is provided by easytradingforum.com, based on the description of UniversalMA EA, and EASY Trading Team doesn't sell this robot.
Code:
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You can download and try the UniversalMA EA from the official website and share your trading experience on our forum. Remember that all trading involves risks and past performance does not guarantee future results.In conclusion, EASY Trendopedia has shown superior results in terms of user-friendliness and reliability when compared to UniversalMA EA. We invite all traders to share their experiences and join our conversation about trading bots on the EASY Trading Forum.