Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Trading Platforms
MetaTrader 5
5 most useful advantages of mql5 ,mql4 vs mql5
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="Ник-Ник, post: 93651, member: 34238"] [B]Testing Advisers: Measure Thrice and Cut Once[/B] The wisdom of our ancestors is limitless. It would be just silly to discard the experience acquired over the centuries and millennia, especially when money is involved. Suffice to recall the stone Rai coins that were in circulation in Micronesia. Their weight reached 5 tons, diameter - 4 meters. And imagine how hard it was for Aboriginals to split off at least one such coin from the cliff! You batter for a year, for another, and then it turns out that you have missed the calculations, and instead of providing for your whole life, you own an absolutely non-convertible cobblestone. Anyhow, life progresses, and now we it is not an archaic axe that we use for trading but computers fitted with the MT4 and MT5, but the basic principles of currency transactions have not been cancelled, and they continue to operate until now, including the one we mentioned in the header. In order not to dwell any longer on the history of Forex, I propose we finish with Rai and continue the discussion of how to take advantage of advisers that lie behind the tab "Market", located in the lower part of the terminal MT4 and MT5. It seems that everyone knows (and those who do not know will learn now know) that the "Market" makes it possible to buy the right indicator, script or adviser (expert) just in a few mouse clicks, choosing it from many hundreds of others that are presented in the window of this service. The keyword is "right". Indeed, how can you understand what you need exactly this trading adviser, and that it will bring you not expenses but quite real profit? Of course, you can flip a coin, but, alternatively, I can offer three not so difficult, but much more efficient methods of choice. More precisely, we talk about three steps, because together they will help you buy not a pig in a poke, but exactly what you need, and for the money that it is really worth. Step 1. First, having identified what you need and for what task, you start studying showcases of the "Market". Focusing on the description of goods and responses of consumers, you select variants for purchase. Step 2. Download a free demo version of the advisor, use it in the "sweat of the brow" in the strategy tester, and if the test and optimization results at least agree with what the seller wrote in the description of the goods, go to step 3. Step 3. The opportunity provided by this stage is rare in the world of Forex and is called "rent". We are used to renting a car, for example, but to rent a robot that will make money for you? It is very rare that you hear about things like that. You won't argue that it sounds tempting, but it is not so simple. I would like to remind you that all the prices - both for sale and rental - are determined by the seller (developer). (MetaQuotes only charges a small percentage for the provision of trading "square" in the "Market"), and that these prices can be very, very different. For me personally it is quite annoying to see an advisor worth several hundred dollars without possibility to rent. In this case, I start to suspect that they want to sell me that very pig mentioned above. (Although, this is purely my feeling, and I do not rule out that this "modest" amount can make me an owner of the "Holy Grail", which will in a few years transform into a yacht and a small island with a cosy palace with forty or fifty rooms). I do not really like the second option of prices, which can be found in the window "Market". This is when the purchase price and the price of rent is almost the same. For example, I met across cases when the purchase with the right of perpetual use was $ 88, and the price for 1 month rent was $ 66. Well, I can not understand the logic of this pricing! But what definitely warms my heart and soul, is the third option (there are a lot of these in the "Market"), where the purchase price and the cost of rent differ significantly. I personally can not afford to pay straight $ 2559 for a super-fancy advisor, but I can easily pay $ 58 rent. If you divide 2559 by 58 we get 44 - that's really a fair balance! You rent it for a month, earn $ 116, reinvest $ 58 for rent, and put the remaining $ 58 to your deposit. Now do the maths and calculate how much you can earn this way over 44 months, that is almost four years! It is quite natural that sceptics will say, "Hey, what if the advisor only loses the deposit?" But, gentlemen, do not forget that I had already performed the first two steps before I rented the advisor: - Firstly, I studied not only with the product description (which may not be entirely correct), but also its reviews of fellow traders. And if a few dozen people write that the adviser does work, why should I not to believe them? - And secondly, I tested this advisor for free on different currency pairs, different time frames and different history segments, with different settings, and made sure that the beautiful chart drawn by the seller was not a marketing ploy; - And it is only after that I would venture to lay out... no, not $ 2,559, but only $ 58 to finally be sure that it is the product that I really need. By the way, if fifty dollars seem unaffordable sum for somebody, I would say that not all advisers in the "market" cost $3000, there are those priced at $ 199 (which can be rented for only $ 18 / month), there are advisers at 15 and 10 dollars apiece, as well as there are those that can be downloaded for nothing ... In general, gentlemen, do try, experiment, and most importantly - do not stand still and do not worry if you have very little money in your deposit. Looking at the balance of the account, remember Benjamin Franklin's words - "Remember that money have the ability to reproduce." Maybe, just like his, it will be your portrait that will adorn a hundred dollar note:) [ATTACH=full]6053[/ATTACH] [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…