Jack Spear Posted June 27, 2013 Share Posted June 27, 2013 The web is now full of commercial expert advisors, most of them are scam, and a very few of them worth its cost! If you need to have one you may get confused as every expert advisor author tells that he owns the best and the only real profitable one in the world, this may be true, but you can not depend on those marketing expressions unless you confirmed that by your self! A few steps can be followed to ensure that you will pay for what you really need and not for some thing unsatisfying for you: Never buy a Forex Robot not providing a refund policy. Newly launched Forex robots a better than older widely used ones, as the more a Forex robot is being used by many customers, the more the market moves against the positions it performs. Backtests for the Forex robot are very important rating item, it can give an idea about how its performance could be in the past even before its launch date, performing a backtest for a Forex robot by yourself is a complicated process, but there are websites publishing such backtests for different Forex robots like: reviewforexrobots.com, but the backtests alone aren't enough to rate a Forex robot. Live performance, where you can watch the Forex robot running live on a metatrader account which could be a demo or a real one, real account live performance for a Forex robot is more truthful than if it was running on a demo account, many review systems are also providing such live performance preview which are myfxbook verified, reviewforexrobots.com is one of them. You should preview the comments and the opinions of the previous Forex robot users on its performance and if it really made profits for them or not, more over you need to assure that it's not an imitated one for another real original Forex robot. If you decided to buy a Forex robot, you should try it first on a demo account and watch its performance before using it on a real one. Quote Link to comment Share on other sites More sharing options...
Bagus Posted October 30, 2013 Share Posted October 30, 2013 The web is now full of commercial expert advisors, most of them are scam, and a very few of them worth its cost! If you need to have one you may get confused as every expert advisor author tells that he owns the best and the only real profitable one in the world, this may be true, but you can not depend on those marketing expressions unless you confirmed that by your self! A few steps can be followed to ensure that you will pay for what you really need and not for some thing unsatisfying for you: Never buy a Forex Robot not providing a refund policy. Newly launched Forex robots a better than older widely used ones, as the more a Forex robot is being used by many customers, the more the market moves against the positions it performs. Backtests for the Forex robot are very important rating item, it can give an idea about how its performance could be in the past even before its launch date, performing a backtest for a Forex robot by yourself is a complicated process, but there are websites publishing such backtests for different Forex robots like: reviewforexrobots.com, but the backtests alone aren't enough to rate a Forex robot. Live performance, where you can watch the Forex robot running live on a metatrader account which could be a demo or a real one, real account live performance for a Forex robot is more truthful than if it was running on a demo account, many review systems are also providing such live performance preview which are myfxbook verified, reviewforexrobots.com is one of them. You should preview the comments and the opinions of the previous Forex robot users on its performance and if it really made profits for them or not, more over you need to assure that it's not an imitated one for another real original Forex robot. If you decided to buy a Forex robot, you should try it first on a demo account and watch its performance before using it on a real one. I want to give an opinion on the point A is in the trade with a robot I think we do not need to buy, but we must strive in this trade by getting a lot of manual trading experience and after that we figure out how to develop our own ea Quote Link to comment Share on other sites More sharing options...
standart Posted January 21, 2014 Share Posted January 21, 2014 traders can found many EA available in forums or in other forex related site. however, require test to point out the reliability. traders have no chance to use the EA properly or know the reliability if they are doesn't perform practice and test previously. Quote Link to comment Share on other sites More sharing options...
Decub Posted March 17, 2014 Share Posted March 17, 2014 One of the best ways I know that a trader can achieve this feat is mainly by review. Reviews help you to have a feel of an EAs performance even before you use it. Other trader's trader's experience would have told you a lot of things about it and what to expect thereof from the EA. I see it as the most effective way to get the best of EA. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 8, 2014 Share Posted April 8, 2014 traders can identified several EA offered in boards or in other forex related Website. however, call for take a look at to point the trustworthiness. traders haven't any opportunity to make full use of the EA sufficiently or know the trustworthiness When they're isn't going to execute notice and Verify Beforehand. Quote Link to comment Share on other sites More sharing options...
myregister Posted November 25, 2014 Share Posted November 25, 2014 You cannot find it just like choosing a video game you want to buy or clothes you want to buy. It needs backtest first to show does this program works well in many kind of situation and also may it works in longer time, because some advisors usually collapsed after 6-1 years of using. Quote Link to comment Share on other sites More sharing options...
rizwanramzan Posted February 9, 2015 Share Posted February 9, 2015 It is a very helpful guide for very newbie trader. This will be helpful for finding a reliable expert adviser. Nowadays one can easily find expert advise on every topic. This also applies on forex, we can get help from experts in the relevant field. They can be easily found on online forums. Quote Link to comment Share on other sites More sharing options...
myregister Posted February 10, 2015 Share Posted February 10, 2015 Backtest does not mean one expert advisor could work well, there are some cases where a trader still experienced a huge loss and cannot recover back. As for refund policy that does not guaranteed, we can see many landing page offer such a refund but what happen? They don't give us any refund if our EA does not work well. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 16, 2015 Share Posted June 16, 2015 There is no profitable expert advisor so far. Well there are few that works very well but until now there is no that work for 100% there are few that works only as high as 70% but that is paid robots which cost around more than $10000 and usually used by big forex company for trading. Quote Link to comment Share on other sites More sharing options...
myregister Posted June 27, 2015 Share Posted June 27, 2015 There are dude, but just few of them cannot you see there are many banks and also the other trading company that still use their own tailor made robot. That gives them higher precision and also better bucks it saves times and also gives more retun. Most of them programmed in C, C++, or D. Quote Link to comment Share on other sites More sharing options...
pepy Posted July 18, 2015 Share Posted July 18, 2015 Can you prove it? at least give me one of the example of good expert advisor that will make you earn better plus many big trading company or bank use it. I never heard programmed in D but C and C++ also C# are exist out there. Many of programmers using for it. I know it is exist but does not mean it use extensively. Quote Link to comment Share on other sites More sharing options...
myregister Posted August 5, 2015 Share Posted August 5, 2015 Well i want to criticize the first one about forex robot it is complex one even with guaranteed your money will back it won't change the fact that you lose your money more than what they could give to you back, also sometimes those vendors has ridiculous terms when they want to return your money back, i advise just choose a robot that is well suitable for you. Quote Link to comment Share on other sites More sharing options...
pepy Posted September 1, 2015 Share Posted September 1, 2015 It is hard to find but to create it still possible even you know that it requires depth understanding of coding and also foreign exchange knowledge. If you have a lot of bucks you can looking the robot that developed by specialist in the bank they are one of the best when it comes to create a robot that works with higher flexibility. But remember most people trade robot with small percentage of their total money not by majority of it. Quote Link to comment Share on other sites More sharing options...
myregister Posted September 4, 2015 Share Posted September 4, 2015 Can you create it sidejob? To tell you the truth here, it is hard to created robot especially the one that can work with more than one strategy and could change with higher flexibility especially if one strategy doesn't really work. Robot has many advantages over human but also has crucial disadvantages over human. Quote Link to comment Share on other sites More sharing options...
anosocialnet Posted November 10, 2015 Share Posted November 10, 2015 yeah depending on the advisors used, just few from professional source can make you a decent profit. while building one from the scratch will be the best but for those with coding and programming experience, but interested clients can pay someone or a programer in developing one. Quote Link to comment Share on other sites More sharing options...
trustedmonitor Posted December 13, 2015 Share Posted December 13, 2015 i used to invest in hyip and loose money, what if forex trading is simple and safe. if yes suggest the idea thank you all friends Quote Link to comment Share on other sites More sharing options...
TekiJIa Posted April 5, 2016 Share Posted April 5, 2016 HYIPs are little financial pyramid )Forex is real financial market. Will it is safe or risk depends on you!My story - http://www.digitalmoneytalk.com/topic/47719-how-to-become-a-successful-trader-as-soon-as-possible/?p=571172 Quote Link to comment Share on other sites More sharing options...
pepy Posted April 17, 2016 Share Posted April 17, 2016 @magicmoneymaker: Simple and safe? Are you kid me? Forex is not safe even i must say it is one of the most profitable business if you know how to do that and able to manage those high risk well. There is no most profitable expert advisor but to be honest expert advisor only as advisor, to help you not to give you constant earning. Quote Link to comment Share on other sites More sharing options...
myregister Posted August 8, 2016 Share Posted August 8, 2016 Sure it s not safe but not so risky even i must admit that you also can make much more loss if you don't focus on how to manage all of your money. The most profitable expert advisor is from some groups or people who dedicated to make it, usually a big trading company. Their tailor made program could bring much more benefit to their organization and it must work well at least 95%. Quote Link to comment Share on other sites More sharing options...
francmorio Posted December 19, 2016 Share Posted December 19, 2016 i used to invest in hyip and loose money, what if forex trading is simple and safe. if yes suggest the idea thank you all friends Hyip is real just is forex is real, the only difference is that in forex, you have control of lots of things. Personally, I tried hyip sometimes back before I a friend introduced me to FreshForex, A forex broker. So far, I believe, forex is the best out there, no regrets no, nothing! Quote Link to comment Share on other sites More sharing options...
bigxy Posted December 29, 2016 Share Posted December 29, 2016 In my opinion most of these HYIP sites ends up taking investors money whereas in forex trading many traders including me are making good returns on their investments. SO i think forex trading is a good and legit business available online. Quote Link to comment Share on other sites More sharing options...
Sininfinity Posted February 14, 2017 Share Posted February 14, 2017 The answer is: there is no way to find it. Traders who have developed such kind of EA, usually won't share it to the public or even make a noise about it. If you can develop one for yourself then do it. Quote Link to comment Share on other sites More sharing options...
pepy Posted February 14, 2017 Share Posted February 14, 2017 Sure what they want to make something like that? LOL that would destroy their silent income, but still even the most useful and the most profitable strategy we still find some bugs or even weaknesses which we can solve it later and in my own opinion we should have less dependency to expert advisor. Quote Link to comment Share on other sites More sharing options...
Vaabum Posted May 13, 2022 Share Posted May 13, 2022 It seems to me that it is much more profitable when a trader has enough experience to work on his own. When I worked with a broker from ExpertOption, I paid a lot of attention to this. Quote Link to comment Share on other sites More sharing options...
nanamage Posted November 12, 2022 Share Posted November 12, 2022 Does ExpertOption provide EA? free or paid? because using EA seems to have to be with a lot of money so that the margin is strong. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.