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better you look straight back to test EA how it works, it makes 4 pending sell and 4 pending buy between prices, so when the price moves up, down, hits, after taking profits it makes 4 more trades up and down, etc. This EA can be used in trend charts.
I think it can't be used because it requires a lot of margin, maybe you need 10,000 usd min to trade 0.01lot. maybe you can try on a demo account, don't use it on a real account.
I really don't understand what you are saying about "No loss robots". every EA can't do with 100% accuracy, so if you say "No Loss Robot" then it's a difficult thing to understand and you don't need to trust this ad because my friend is just a piece and you have to trust my friend so I suggest You move away from the sheet and study the forex market before you start trading
For me automatic trading is the best. I can automate my trade and play, but you must have a good signal before automating it. Sometimes automation works well and sometimes manual work is like a charm. and I think to focus more on EA in the future. I have seen some evidence and real statements where EA did it well. With a little wise control from traders, I think EA can be a very powerful tool that might be better than humans
No, I have been a Forex trader for a long time but I have not installed any Forex Robot for trading that I open. In this business, someone needs to avoid this robot and focus and believe in themselves. but whatever the automated trading system is usually not a problem for me anymore. I have never traded with an expert advisor as far as I can remember but I can't be sure whether I have traded with him or not, even though I think I have used it before now.
I think robots for forex trading don't work because they are not always right. Forex trading is not a business that requires the support of other parties. You must trade based on your own experience. and most robots can produce big losses that you cannot tolerate and you become discouraged and think of yourself as trading forex not a business, this is a gambling game that depends on luck.
, You know there are good robots out there, we can't deny the fact that there are actually good robots, but yes it is a problem that it is an expensive robot and many of us cannot pay to get that robot, still I would say the best way to trade is to trade on your own and not depend on anything. and I believe that bots automate our manual trading strategy. So for me bots are just tools and not substitutes. Unless we have an AI that can help us become successful traders. I get a lot of money in forex trading using manuals but I really focus now on developing bots that will trade like me and do analysis like me and hope to get good income like me.
manual work must provide a good return to receive more deliverance with nuance to the market scene. and robots must work to help traders who are good at applying orders to return analytical work by using a good indy system as an option. and if you ask me, manual trading is the best trade ever I tried a number of expert advisors for several times and the amazing thing was that expert advisors always gave me profit first and then ended with a margin call and for now I'm not using expert advisor anymore
what is expected in EA is a good money management logic included in EA. I see a trading account using EA, the Balanca $ 2500 number uses a 0.01 size lot, this is good defense and money management.
what comes to mind? I was surprised when this trading account can profit consistently every month at $ 600,
EA can do many transactions at the same time, which cannot be done by manual trading.
I think the point is good money management.
There are many differences about Humans vs. Robots
1. Humans have fear
Robots have no fear
2. Robots Always trade with commands that make programming
Humans depend on their thoughts
3. The robot is not wrong but has several times lost to the Forex Market because of incorrect programming,
Humans produce profits or losses, wrong or right, both they do
4. Robots do not have the same scene
Humans have the same scene
From Humans vs. robots I want to like robots that don't benefit from the Forex market. They not only have the programming skills set there but humans have 6 scenes that they understand about market conditions.
some EAs will give you an advantage, but we don't have to forget the dangers of using methods EA is faster like a car, but if we can't drive it, hmmm we will get an accident and die and in that link so many EAs are available for free but also very strong. I have personally proven it, using EA that I took from the Indomt5 forum and other sites. So for a long time it has provided consistent benefits and in my opinion is very satisfying.
I don't use robots in forex and I don't recommend to other people in forex so the main thing we need to know is our trading software and how we can use it and how we can trust them and I think we can get money and I can get money with robots and I think robots are not useful for trading and I think we can't get money
there is no good robot for forex trading. Manual robot or both have advantages and disadvantages. Sometimes we are in a critical situation, we better use it manually. under normal conditions, robots will really help us. but, if you are a beginner, it is better for you to start with demo trading and then move to a real account. You can trade with some money.
I believe using robots as our partner in trading is the best choice we can choose. we can imagine if we can have a robot that can generate profits consistently with minimum supervision can make us financial freedom. and I think it's very good Ea can bring money for you to use Ea some things and strategies that you have to remember. Don't use robots on one side of the market. I hope this will help you
Each robot will give you an advantage for a few days and after that it will start to damage your account .... lol That's why I think we need to avoid the robot. and robots don't work on forex. the robot does not work in his mind he retains instructions from his instructor. and robots can't see or can't understand the market. so, robots are not the best traders for forex trading.
in this case you have to test a lot of EAs and make a good plan for a long time with the strategy testers you have to make several editions in the EA to try to get the best settings for your strategy and management, my advice to you is not to buy EA because everything is free online. and I would not advise even my enemies to trade using forex robots, there are many people who have made them useless, the best way to trade is to learn what works, no robot is bigger than the human brain
I like using robots because some robots can give you very good results and I have found it in a demo account but you do it 24 hours to get good results. Most people don't believe in robots but I believe because I found the results myself. And robots in the forex trading business, I think it's good, but the main thing is we have to know about it. We must know how to control it before we even try to use it in our forex trading.
I have actually tested this by setting a size Ea of 1: 300 lots and can get 100% results per month. You use a 1: 100 lot size so that when an EA is lost in a closing state it will have a negative impact on the result of reducing the balance of the pair too much ... with a 1: 300 money management ratio consistent with opening the transaction is strong in my opinion. and the results of comparison of profits are less than 60: 400 (2:20). the position loses $ 2, and proceeds to win $ 20 a pair ....
I have tested several robots ... even I have to stay up all night to test the robot, sometimes the robot does not take action, but at other times it takes a lot of OP ... that's why because the robot will take OP or it doesn't depend entirely on the parameters and the rules described in the pre-design conditions, if the living market meets its conditions than the robot will take action.
it's better to understand the logic process of Expert Advisor or Robot, it also provides security to your account if you know how the robot will work based on programmable logical conditions
automated trading is not good because I know a trader who invests $ 20,000 and buys automated trading software with $ 3000, and he loses everything, before he uses other autotrading software, he also loses capital with this, so automatic trading is not good apart from this, I know of other traders, he traded manually for the last 3 years and he made 2-5% of the income per month and as a result, ordinary traders learned the most, now he sees scandals and he traces the moving markets, but autotrader can't track. so, think for yourself, which is better, short-term profit and long-term profit.
when you get older, I doubt you can be as agile as when you were young, when you reach 50 and your eyes find it hard to see the little things on the chart you will know exactly you need leverage and "help" when you will requires coding your manual trading system into an EA to help you open your trade.
However, please help me to share your trading results such as your MyFXbooks detailed statement with your manual trading, because it seems like you have successfully traded with a manual trading system.
this seems to be a very good and good strategy for new and ideal traders because taking profits is very reasonable. This suits the new traders and I will also download it and try to test it and than I will give my comments. and I analyzed the backtest quite impressed. will try this, thank you very much god bless
I don't use robots in forex trading because I feel uncomfortable. Robotic trading system is easy and saves time. Robots can trade according to the orders we specify before trading. But robot trading has several limitations, the main robot cannot take decisions for sudden market movements. . I don't use time robots to trade because I use the skills they have learned. sometimes we might not have time to trade. hence, robots are required to trade. However, such practices are not recommended because we might suffer losses
I think that almost EA has to be modified so that it can produce a consistent profit because the main weakness of EA is the arrangement of differences when it was made in the past so we have to make modifications or use experimental methods to develop every EA including this MACD EA which sometimes cannot function properly to get profit but I modified it for the better after changing parameter settings
I do not use this stupid forex robot? robot = A mechanism that can move automatically, on the other hand A visual signal to control the flow of traffic at an intersection. and I don't use robots (EA) and I will never believe my money will be damaged by robots. if there is a profitable EA so that it will become a very rich trader here. I have seen so many traders on forums writing their experiences using EAs and losing all their money. that's common. don't know about other people here ..
EA koi bhee ho kitna bhee acha ho just technical calculations py hee kam krta hai jesy hee market mn koi fundamental aya ye fail to mn to yehi suggest kru ga ke isko koi bhee use na kre khud trading learn kro khud trade kro isi mn long term faida hai ea app saalo use kro apko kuch bhee nhi aata ho ga orr ye bhee ho sakta hai ke ap kuchearn bhee na kro kyun ke software ko kya pta ke market mn kya hone wala hai ye aik human brain hee hai jo prediction krr sakta hai kyun ke ismn ability hoti hai