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Forex Robot Trading – Are they Reliable?

Sep 02, 2011 05:03 pm

Mensajes: 513
Member since: 08/02/2011

Originally posted by leebut

Using EAs/bots is okay provided you know how they work and which market conditions they work well in. We cannot buy into an bot and hope that it'll fit every market environment. If you don't know how the bot works, you are trading blindly, trusting what someone (you've never met) says is the latest FOREX secret.

i think it's better to learn, and maybe build you own bot.



That is great explanation dear i hope all newbies or those who thinking to buy a ea will think about this and try this also.

build your own ea is not a big deal there are so many progammers that can help you to build your ea with some litle money but for this you must make a strategy by yourownself.

http://www.xynafx.com/ Xynafx ... fund managers and forex signal service providers Minimum investment for our Forex managed Account service is $2k that will be managed individually in one investors account. XynaFx signals As low as $26 per Month.

Sep 22, 2011 12:57 am
bobdefete User

Mensajes: 5
Member since: 15/09/2011

for people who dont have a lot of time to learn some eas can be good to start making a bit and learning on few spare times.

some ea have good results, its worth it for some people for sure

Sep 24, 2011 08:10 pm
Champ User

Mensajes: 711
Member since: 17/05/2011

Free EA is a good way to start but on demo accounts. You r right that there r many free and good EAs available on net. The problem faced by mostly newbies is setting up an EA. Different EAs have their own settings and configurations. So newbies find it very difficult to test new types of EAs.

Thats why I always prefer signal following.

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

Sep 25, 2011 09:27 pm

Mensajes: 939
Member since: 21/04/2011

Originally posted by sadscorpion

when i read the title of the thread i quite my work and start thinking about that i read all comments. I search my whole PC disks and found more than 3k EA's and there mannuals in my PC.(most of them are free and other are from 99$ to 499$ each of them )
I dont buy or use them but i collect them as a hobby.
some of my friends use famous ea's that are at high rating in most famous review sites.
but they dont use them 24/5 but with their own rules and timing depend on the ea type.
Unlike much of the marketing hype making money "24hrs a day" in a market probably isn't the best strategy even if you never needed to sleep, eat, or have a life.Last thing dont buy any ea or system because they are available on net for free just you need some goggle search techniques.



Yea, true. It is because of the market conditions in which an EA can work. An EA maybe good for ranging market but works bad in trending market. So its the user who will decide when to use an EA and it can generate good profits if used wisely.

Yeah I agree, running an EA 24/5 isnt isint such a good idea if you ask me.. What is the latest most profitable robot right now..? anyone knows


In the world of countless robots, can anyone find the "latest most profitable" robot. You can find good robots but finding "most profitable" is not possible.

Stick to your rules

Sep 27, 2011 04:31 pm
index1php User

Mensajes: 38
Member since: 12/08/2011

Originally posted by RalFxify

Yeah I agree, running an EA 24/5 isnt isint such a good idea if you ask me.. What is the latest most profitable robot right now..? anyone knows

 



Actually, joining some reputable forum, and reading some review and post of members will give you ideas...regarding the best EA...

You can visit the link below and register...

Oct 05, 2011 07:42 pm
Jogi User

Mensajes: 685
Member since: 06/06/2011

Yes. on some good forums we can find a lot of information about new strategies and new EAs. Commercial EAs cannot be as good as an EA from a reliable trader whom trading history is visible on a reliable source.

But the fact is that even best of best EAs do not work most of the times. The best EA is the one u make urself.

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Apr 13, 2012 12:07 pm
mrinalini User

Mensajes: 177
Member since: 12/04/2012

Many times we hear that some traders make good profits with EA and I personally feel that they are not reliable and they can not trade well in these risky and uncertain markets and can lead to losses. It is always better to trade manually based on your own abilities and skills .

Jul 07, 2012 03:34 pm

Mensajes: 194
Member since: 26/04/2012

Yeah there are some forex robots which are really profitable to us but i am just testing many EA on demo account and when i found one good EA i will surely gonna share over here .

Jun 02, 2013 05:18 pm

Mensajes: 1
Member since: 02/06/2013

I am very happy to see this post because it really a nice post .Thanks  

 

Forex Trading Robot Download

Jul 25, 2013 09:37 am
PamLeg User

Mensajes: 8
Member since: 25/07/2013

I would say, ones that are sold in mass are rubbish - you have to find a good IB that developed an very good ea and trade with that. It's the IB interest that the EA tardes well.

Also, playing with settings is a disaster - follow advice.

I will never buy a $99 EA again!