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General Forex Discussion
Do forex EA robots ever work?
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[QUOTE="wanorbit, post: 193985, member: 6727"] Hello, I was back testing EA robots this weekend, and i could tell you that the ones i tested were all rubbish, some had no data of it being used, some made 10 trades in a year making $50 per month profit of a $10k account balance and some had massive losses, my advice to any trader purchasing any EA robot is you should back test "strategy test" it yourself on your MT4 or MT5 to see how hopeless or effective the EA robot is before you purchase. Dont pay attention to the EA robot own's back testing information provided by the author, its a trap, get the demo EA robot first and back test it on your meta trader for previous and current trading results, if you do not know how to back test "strategy test" ....visit youtube and type show me how to back test EA robot on meta trader, lots of video "Do not purchase any EA robot until you have back tested it to see the results for your own self! I would not call out any EA robots name because you can do a back test of the EA robot demo before you purchase, any EA robot author not giving you a free trial to back test the EA robot you should stay clear of that author and EA robot Example of how an EA robot can cause excessive losses, makes you profit and 1 loss is all the profit it has made you - comment from the EA robot user's chart below - "Small profit, big loss" Happy trading! [/QUOTE]
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