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Forex EA or Forex Signals?

Jul 14, 2011 03:42 pm
Richde User

Mensajes: 114
Member since: 11/01/2011

Originally posted by superpredict

Hi, do you know the reliable forex signal source? Kindly please share for us :)

 



Let's take a look at ForexPeaceArmy's Forex Signals section, but be aware of the reviews. I have seen at some freelancer sites forex companies are hiring users to write positive reviews about them on FPA for a few ten bucks.

Don't forget to ask for an investor password for their signal accounts to ensure their performance by your own eyes. Do not trust all 3rd party auditors. In this case the chance of being scammed will be a way lower and you will get what you paid for.

Good luck!

Keep it simple stupid

Jul 14, 2011 11:00 pm
fxstat Admin

Mensajes: 448
Member since: 30/03/2010

Originally posted by Richde

Don't forget to ask for an investor password for their signal accounts to ensure their performance by your own eyes. Do not trust all 3rd party auditors. In this case the chance of being scammed will be a way lower and you will get what you paid for.



Richde,

We couldnt agree more with you on this. We have also noticed that. commercial EA developers, paying freelancers very small amount of money to wrtie some good reviews for them and then they start their sales using these reviews as their marketing tool.

The good news is, here at FxStat, even if they write a good review, still need to have a proof for their trading result. The FxStat verification and performance page will mesure their reality and activity. Maybe that is why we do not see many of these scams here on FxStat [blush]

Thank you

The FxStat Team

FxStat, Power to traders www.FxStat.com

Jul 15, 2011 05:57 am
Richde User

Mensajes: 114
Member since: 11/01/2011

Sorry for this bloomer, you are absolutely right, I just forgot and didn't consider Tradebook. I always think about signal provider companies when somebody asks for signal providers instead of the new way, Tradebook.

I wrote do not trust all 3rd party auditors, because as you know some of them are really bad and a signal provider can use this as an advantage and manipulate results to attract more subscribers (fxstat is not an auditor like that). I apologise for writing in a general sense, not considering Tradebook, and it's a point that we won't see many scams here because of the well-structured concept.

Keep it simple stupid

Jul 21, 2011 04:49 pm
CheckDavid User

Mensajes: 124
Member since: 17/07/2011

LOL

You people are funny.... I will make you a simple question so you can see how this thread is ridiculous loool

What if the signals are generated by an EA?? LOOL 

[devil]

[devil]

Check Me At CheckDavid.com

Aug 04, 2011 03:54 pm
Champ User

Mensajes: 711
Member since: 17/05/2011

Originally posted by CheckDavid

LOL

You people are funny.... I will make you a simple question so you can see how this thread is ridiculous loool

What if the signals are generated by an EA?? LOOL 

<img alt=" />

<img alt=" />



lol, Even if Signals are created by an EA, you can check their validity on the forum where it is given. Validity of signal depends on signal provider.

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

Aug 04, 2011 04:01 pm
CheckDavid User

Mensajes: 124
Member since: 17/07/2011

Originally posted by Champ

 

Originally posted by CheckDavid

 

LOL

You people are funny.... I will make you a simple question so you can see how this thread is ridiculous loool

What if the signals are generated by an EA?? LOOL 

<img alt=" />

<img alt=" />

 



 

lol, Even if Signals are created by an EA, you can check their validity on the forum where it is given. Validity of signal depends on signal provider.

 



 

Forum!?? LOL

 

MY question was an answer to the Thread Starter question. Which totally invalidates his inquiry lol

Check Me At CheckDavid.com

Aug 06, 2011 06:49 pm
Champ User

Mensajes: 711
Member since: 17/05/2011

Forum!?? LOL

MY question was an answer to the Thread Starter question. Which totally invalidates his inquiry lol



[erm] but how an EA will provide a signal? There is one thing common that both EA and signals provide entry and exit points. But the main difference is that EA cannot predict these entry and exit points whereas signal providers can tell you future entry and exit points. So an EA producing signals will be of no use coz those signals cannot be used by anyother person except the EA user itself.

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

Aug 07, 2011 01:54 am
CheckDavid User

Mensajes: 124
Member since: 17/07/2011

Originally posted by Champ

 

Forum!?? LOL

 

MY question was an answer to the Thread Starter question. Which totally invalidates his inquiry lol



 

<img alt=" /> but how an EA will provide a signal? There is one thing common that both EA and signals provide entry and exit points. But the main difference is that EA cannot predict these entry and exit points whereas signal providers can tell you future entry and exit points. So an EA producing signals will be of no use coz those signals cannot be used by anyother person except the EA user itself.

 



 

Nah, totally wrong. EA have no limits, at least on what concerns technical analysis and the placing of pending orders which may serve as signals.

Check Me At CheckDavid.com

Aug 16, 2011 09:13 pm
RalFxify Mirrorbeta

Mensajes: 31
Member since: 15/05/2011

There are numerous robots on the forex markets.. I must say there are very profitable ones. Its just a matter of testing any one of them you can and make a decision. But the idea that its useless using robots is very not true.. Sometimes when i obtain a profitable robot i decompile them to see he indies used, combine them with indies used in a diff bot and try to make an entirely new system out of it. Am telling you it really does work, its just that the majority of people always do not know how to use them. Only the very few that do enjoy the benefits...

Aug 18, 2011 07:21 pm
ironical User

Mensajes: 734
Member since: 22/04/2011

Originally posted by RalFxify
There are numerous robots on the forex markets.. I must say there are very profitable ones. Its just a matter of testing any one of them you can and make a decision. But the idea that its useless using robots is very not true.. Sometimes when i obtain a profitable robot i decompile them to see he indies used, combine them with indies used in a diff bot and try to make an entirely new system out of it. Am telling you it really does work, its just that the majority of people always do not know how to use them. Only the very few that do enjoy the benefits...


Actually not every trader can analyze robots in this way. Most the the buyers of EAs are beginners. They dont even know the strategy on which EA is formed. Moreover as you know that if you browse for EAs, the top EAs that came on 1st or 2nd page are the one that are most useless but heavily advertised. Good EAs are not much prominent that is why hard to find.

The good or ill of a man lies within his own will. – Epictetus