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As Forex Traders it would be a dream come true if you could lay your hands on an Auto Forex Bot which would work 24/5 without human intervention and generate consistent profits. Well, if that were true you wouldn't get a copy of that Robot . Who would actually sell it? A Forex Bot's results depend on various factors. The same Bot will give different results with different users. In my personal experience you should use a 24/5 Forex Bot but with an eye on its trades and where you need to intervene. Such an intervention would indeed pump up your Bot's results. But again, that also depends on the Trader's intervention skill.
I am a forex coder and I code forex EAs. I am looking forward to upload one of my best EAs for you to try on Demo Account to actually see its performance. You can also forward test it on a Demo Account. I need at least 50 users here to comment and signal their desire to test this EA. I would then upload it for you all to check it out. This EA can work 24/5 but works best with human intervention from time to time.
So what are you waiting for. Just comment!
Broker are the trading platform in this business. Before funding in forex market trader need to identify which broker is suitable for their trading or which broker is providing better services than others. FXLinked is the best broker in the market for all types trader. The most decentralized market in the world is forex market. This market doesn’t moves with a particular fact or doesn’t affect with any particular thing.
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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.