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EA's do not work
Hi. I agree that there are many EA's on the market that do not work, or will work ever.
Many of these robots were created by amateurs developers, Internet platforms of free or paid, without knowledge of language MQL4 or MQL5 promession and test purposes with unknowns.
Simply because someone says it is easy to make an EA, not everyone can make a good EA.
You have to let software developers and advanced programming in these languages that do their job. And they do it very well.
When you find a well-made robot, with the appropriate parameters, and well tested, it is noticeable right away.
You put on your shelf and quickly look like in the first and leave backtesting results.
After no further optimize to get them out in the market we want.
That's another movie.
Thank you.
Frankly, if you use restricted trading platform then you mayface so many problems on EA trading, so 1[sup]st[/sup] of all, you need toselect only EA friendly trading platform like trade24 broker, this award winning Forex broker allows all kind of technical tool and software! On the other hand, their NDD technology on live chart ensures fair market movements, no slippage or requotes; best EA trading environment I get there!
Many traders say ” I have bought a Forex Robot and it stopped working after time”. And they are right, but not at all…
There are few things that you need to know and have in mind before make such a conclusion.
First of all if a Forex Robot is programmed properly with no mistakes in the code there should be no technical reason the Forex Robot to stop working.
What happens then? Pretty simple – the markets are changing. We can not expect expert or Forex Robot generated over historical data for a period of time, to continue with the same results forever….
So what is the solution? Basically there are two problems to resolve. First is to have EA with no any mistakes in the code and second not to trade with old EAs.
If you want to know how an EA will perform over a long period of time...Then Backtest it and you will surely see yourself...
Happy Trading
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