Forex EA or Forex Signals?
Originally posted by ironical
Originally posted by RalFxifyThere 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.
A little addition to ironical's statements that when u search to buy an EA online, you can normally buy it at near $100. But if u want to buy an EA from a specific trader he will charge u very high price. He will show his trading history which is sometimes fake and sometime original.
My point is that u cant at least trust $100s EAs. and why would u want to spend very high amount on other EAs that even show good history. If you really want an automatic trading then why not go for signals? Just u have to do a bit manual work but its much better and free.
Originally posted by superpredictHi, do you know the reliable forex signal source? Kindly please share for us :)
There are hundreads of them but for your help i just say serach for your self not ask thers because if you decide to buy and they give some loss (that is also a part of forex) you will blame others that recommend that to you .
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.
EA is fast while Forex Signal sometimes delayed unless your MT4 account is linked to signal provider itself...
I really hate signal provider bacause they charge you for their signal which not really profitable...
and very complicated to setup, too many instructions...
Originally posted by index1phpEA is fast while Forex Signal sometimes delayed unless your MT4 account is linked to signal provider itself... I really hate signal provider bacause they charge you for their signal which not really profitable... and very complicated to setup, too many instructions...
Yup, there are paid signal providing services too. Yes, if we can link our MT4 account with signal provider then its best. But if you compare signal providing with EA, I think signal providing is better. Coz there are many free signal providing sources available. Moreover reliability of singal provider can be checked by its reputation on forums or blogs where it is provided. EA is difficult to setup and sometimes users have many issues in setting up. Moreover it works in some conditions. Free EAs are available but they are not updated. Most of the paid EAs do not work.
good ea has a price but some good peoples also share these on some forums and keep in mind no free meal in world. so you must pay some price to get something
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.
Originally posted by sadscorpiongood ea has a price but some good peoples also share these on some forums and keep in mind no free meal in world. so you must pay some price to get something
True :). Nothing is free. Free signal providing services are available but I have seen very expensive signal providing services too. So there will be a difference in free and paid service. I think free services are same as free EAs. But EAs are totally different thing. EA is actually a strategy. Even if u get a paid EA it cannot perform equally better as the one made by you or on your strategy.
The good or ill of a man lies within his own will. – Epictetus
True :). Nothing is free. Free signal providing services are available but I have seen very expensive signal providing services too. So there will be a difference in free and paid service. I think free services are same as free EAs. But EAs are totally different thing. EA is actually a strategy. Even if u get a paid EA it cannot perform equally better as the one made by you or on your strategy.
I think signal providing is becoming less and less expensive due to high competition. Now there are many companies offering this service. You can get excellent signal providing services (fxstat and other similar) at very low cost.
i hope somebody who are successful with signal provider will post his experience here...so that all can read and learn from his experience...
hmm great idea dear ....
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.
Originally posted by index1php
i hope somebody who are successful with signal provider will post his experience here...so that all can read and learn from his experience...
Hey buddy, I was expecting it to be posted soon![[aww]](/themes/default/images/smiles/aww.png)
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Stick to your rules