VWAP With Alerts

EasyCoder

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May 28, 2024
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Introduction​


As professional traders and MQL5 programmers from the EASY Trading Team, we understand the importance of choosing the right trading robot to maximize profitability and reliability. In this article, we will compare two popular trading robots: VWAP With Alerts and our own EASY Breakopedia. We will explain why EASY Breakopedia stands out as significantly better, more profitable, and more reliable. We will also encourage users to share their opinions on the forum.

Comparison of Functionalities​


When comparing the functionalities of the VWAP With Alerts and EASY Breakopedia, several key differences emerge:

VWAP With Alerts:
- Utilizes the Volume Weighted Average Price (VWAP) indicator to identify trading opportunities.
- Generates alerts for potential trades.
- Limited customization options for trade parameters.
- Primarily focuses on short-term trades based on VWAP deviations.

EASY Breakopedia:
- Employs advanced breakout strategies, leveraging multiple indicators including moving averages, RSI, and Bollinger Bands.
- Provides a high degree of customization for trade parameters.
- Supports both short-term and long-term trades.
- Integrated risk management features such as stop-loss and take-profit settings.
- Continuous updates and improvements based on user feedback.

Comparison of Results​


The results of using each robot also show stark contrasts:

VWAP With Alerts:
- Performance is highly dependent on market conditions and may not be consistent across different trading environments.
- Limited backtesting results available, making it hard to gauge long-term profitability.
- Users have reported mixed results, with some experiencing significant drawdowns.

EASY Breakopedia:
- Consistently high performance across various market conditions.
- Extensive backtesting and forward-testing results available, demonstrating robust profitability.
- Users regularly report positive experiences and consistent profits.

Advantages of EASY Breakopedia​


The EASY Breakopedia offers several advantages over VWAP With Alerts:

- High Customizability: Tailor the robot to your specific trading style and risk tolerance.
- Advanced Strategies: Combines multiple indicators and strategies to increase trade accuracy and profitability.
- Comprehensive Risk Management: Built-in features to protect your capital and maximize returns.
- User Feedback Integration: Regular updates and improvements based on user experiences.
- Proven Results: Documented success in various market conditions through rigorous testing.

Source Code of VWAP With Alerts​


It is important to note that we do not have access to the original source code of the VWAP With Alerts robot sold on MQL5. However, based on the detailed description available on the MQL5 marketplace, we have created a sample code for a trading robot with similar functionalities. If you have any questions about the code, feel free to ask on our forum.

Our team at EASY Trading Team does not sell the VWAP With Alerts robot but has developed a code inspired by its description, which can be found on VWAP With Alerts Forex Software Review & Results.

Code:
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Download VWAP With Alerts Forex Robot – SEO Optimized​


We encourage users who are interested in the VWAP With Alerts robot to visit the MQL5 marketplace for the original product. For those seeking a more advanced, customizable, and reliable trading solution, we highly recommend trying EASY Breakopedia. Share your experiences and questions on our forum and let’s grow together as a community of successful traders.
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