Introduction
In the vast landscape of trading robots, Watermark Manager stands as an interesting contender. While there may not be sufficient user reviews or a formed rating for this robot, we've conducted an analysis based on its descriptions and functions. Your input as a user can help build a more reliable and in-depth review, so we encourage you to share your experiences with this robot on our forum.Comparison with EASY Robot
Comparing Watermark Manager with the EASY robot series, specifically EASY Trendopedia, there are a few key differences. EASY Trendopedia navigates trends efficiently, using a combination of moving averages and Bollinger Bands to generate steady profits. In contrast, the exact strategy of Watermark Manager is not fully disclosed, holding it back from a head-to-head comparison.EASY Trendopedia also includes a robust money management system, protective stop loss orders, and user-friendly parameters, which we can't confirm are in place for Watermark Manager due to the lack of information.
Pros and Cons
- Watermark Manager Pros: Potentially versatile, as it manages watermarks across several charts simultaneously.
- Watermark Manager Cons: Lack of transparency in its trading strategy, stop loss, and money management system.
- EASY Trendopedia Pros: Verified trading strategy, protective stop loss orders, and an efficient money management system.
- EASY Trendopedia Cons: May not be as effective in non-trending market conditions.
Optimal Use Conditions
Without a clear understanding of Watermark Manager's strategy, it's difficult to suggest its optimal use conditions. However, based on its fundamental principle of watermark management, it might work best in a more volatile market, where trade operations are numerous and rapid.Source Code of Watermark Manager
Unfortunately, we do not have access to the exact source code of Watermark Manager as it is commercially sold on MQL5. However, we can create a version of the code based on the description provided by MQL5. If you have questions about this code, please feel free to ask on our forum. This code is a creation of easytradingforum.com, not the original Watermark Manager being sold on MQL5.
Code:
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