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Which free system you use?

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Jan 23, 2012 02:26 pm
#1

Posts: 939
Member since: 21/04/2011

Usually traders do not want to spend money on paid EAs and systems. They first try free trading systems first. Some traders do not like to use any system made by others. They prefer to learn forex on their own. Which free forex trading system have u used in past or using now? Which free system u like the most?

Stick to your rules

Jan 25, 2012 03:38 am
Jogi User

Posts: 685
Member since: 06/06/2011

I have tested different free EAs and systems. But they never worked for me or worked only for a little time. So I started with simple indicators and now trying to make a good combination of indiactors in order to get good results.

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

Jan 25, 2012 03:30 pm
andieliu User

Posts: 12
Member since: 13/06/2011

yes keep KISS. i usually only use SMA 14+fractal for H1/H4. because i dont like ranging market 

[dead]

Jan 27, 2012 03:31 am

Posts: 939
Member since: 21/04/2011

Originally posted by Jogi

I have tested different free EAs and systems. But they never worked for me or worked only for a little time. So I started with simple indicators and now trying to make a good combination of indiactors in order to get good results.



Very true[frown]. Usually systems and strategies do not work for others. So it is good to make your own system.

Stick to your rules

Jan 28, 2012 12:00 pm
Champ User

Posts: 711
Member since: 17/05/2011

Originally posted by Jogi

I have tested different free EAs and systems. But they never worked for me or worked only for a little time. So I started with simple indicators and now trying to make a good combination of indiactors in order to get good results.



Almost same experience. Some EAs worked on demo accounts  but they fail on real. Actually it is hard to find a free EA that can produce good results on real account.

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

Jan 31, 2012 05:22 am
ironical User

Posts: 734
Member since: 22/04/2011

Originally posted by uniquetrader

Usually traders do not want to spend money on paid EAs and systems. They first try free trading systems first. Some traders do not like to use any system made by others. They prefer to learn forex on their own. Which free forex trading system have u used in past or using now? Which free system u like the most?



I have tried different free EAs. I had good collection. Some of them were good. I downloaded them based on which indicators they use. But my previous hard disk stopped working and I lost all of them. I never downloaded again coz I know they r not gonna work for long term. Coz free eas r not updated.

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

Feb 23, 2012 02:20 pm
Sasha User

Posts: 836
Member since: 16/05/2011

Originally posted by ironical

 

Originally posted by uniquetrader

 

Usually traders do not want to spend money on paid EAs and systems. They first try free trading systems first. Some traders do not like to use any system made by others. They prefer to learn forex on their own. Which free forex trading system have u used in past or using now? Which free system u like the most?

 



 

I have tried different free EAs. I had good collection. Some of them were good. I downloaded them based on which indicators they use. But my previous hard disk stopped working and I lost all of them. I never downloaded again coz I know they r not gonna work for long term. Coz free eas r not updated.

 



Which of them worked best for u?

Mar 06, 2012 04:33 pm
ironical User

Posts: 734
Member since: 22/04/2011

I have tried many of those EAs. Actually I am not good with EAs. Testing all is not possible for one person. I tested a few of them for 1 month and some of them were almost ok. I dont think any of them will work in real conditions as they were working in demo.

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

Mar 19, 2012 03:21 pm

Posts: 939
Member since: 21/04/2011

free trading system charm is ending and its popularity is declining. All users who r tired of trying EAs r now shifting to signal services. But still many beginners r scammed by so called "6-figure-earning" EAs.

Stick to your rules

Mar 24, 2012 05:24 am
Jogi User

Posts: 685
Member since: 06/06/2011

Originally posted by uniquetrader
free trading system charm is ending and its popularity is declining. All users who r tired of trying EAs r now shifting to signal services. But still many beginners r scammed by so called "6-figure-earning" EAs.


Scamming can only increase, it can never end. Forex trading is so risky but it is displayed as if it is quick-rich scheme.[angry]

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

May 27, 2012 10:35 am
CFXsignals User

Posts: 359
Member since: 21/05/2012

Never found a free EA that consistently works, all EAs need manual input anyway to work, as in all trading systems need human selection when and when not trade signals.

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