Introduction
YY Multi Waves is a trading robot available on MQL5, which has garnered attention from traders for its potential in the market. Based on user comments, it appears to offer some significant capabilities, although it also has certain limitations. In this review, we will compare YY Multi Waves with one of the EASY Trading Team's robots, EASY Trendopedia, to understand why the latter might be a more reliable, profitable, and better choice for most traders.
Comparison with EASY Trendopedia
YY Multi Waves
YY Multi Waves is known for its detailed lookback period which can sometimes make the algorithm heavy. Here’s what N. B. had to say: This product deserves 5 stars. My only complaint is that it is a bit heavy, so maybe you can give an option to limit the lookback period. Another user, Yocrz, adds, I think this good.indicator. But I have promblem translator language. I will try understand usage. These comments suggest that while functional, it may pose some usability issues.
EASY Trendopedia
EASY Trendopedia, on the other hand, is designed to be lightweight and user-friendly. It offers a streamlined approach to trend trading with a focus on simplicity and efficiency. The robot has been thoroughly tested to ensure it performs well under various market conditions, providing consistent and reliable results. It is free from heavy computational processes, making it faster and more efficient.
Pros and Cons
YY Multi Waves Pros:
- Detailed lookback period for comprehensive analysis.
- Potential for high accuracy in predictions.
YY Multi Waves Cons:
- Heavy computational load.
- Language barrier issues as noted by some users.
- Complex usage for beginners.
EASY Trendopedia Pros:
- Lightweight and fast.
- User-friendly interface.
- Consistent and reliable performance.
- Well-documented with comprehensive support.
EASY Trendopedia Cons:
- May not offer as detailed a lookback as some specialized bots like YY Multi Waves.
Optimal Usage Conditions
YY Multi Waves is best used in scenarios where a detailed historical analysis is essential for making informed trading decisions. If the user can manage the computational load and understands the nuances of the bot, it can be a powerful tool. Conversely, EASY Trendopedia excels in trend trading where speed and efficiency are crucial. Its straightforward design makes it suitable for traders who prefer simplicity without sacrificing performance.
Conclusion
While YY Multi Waves offers some intriguing features, the usability issues and computational demands make it less appealing compared to EASY Trendopedia, which is designed for efficiency, ease of use, and consistent performance. We encourage users to share their opinions on our forum for a more collaborative and enriched trading experience.
Source Code of YY Multi Waves
We don't have access to the actual source code of the YY Multi Waves robot sold on MQL5. However, based on its description, our team at EASY Trading Team can create a similar robot. If users have any questions about the code, feel free to ask on our forum.
Code:
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This example code is provided by easytradingforum.com, based on the description of YY Multi Waves available on MQL5. Please note that our team does not sell the YY Multi Waves robot but has created this code based on its publicly available description. If you have any questions or comments, feel free to reach out on our forum.