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Forex Robots are programs that are usually developed by professional Forex trading. This program can trade instead of you using programmed logic. and If you are a beginner followed by incomplete robot consumption on the grounds that the robot is not top off of the analysis itself. It's better to save your money-raiser and practice on a savings account instead of a few months so that you will get a capable strategy back.
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I prefer to trade manually. because, with manual trading we can get more experience and we can learn from our mistakes. while the robot doesn't work like that. the robot only runs commands that have been programmed. they will never learn from their mistakes. and several times I use forex robots (expert advisors) and sometimes I trade manually, but I mostly trade manually because manual trading can hone my skills in analyzing market movements
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I know that robot can trade forex. but very withdrawn. Robots can work at certain times. to trade quickly with root you can open a demo id then you can make it understand to trade it. I think robots can save you time by trading your forex account. and i always recommend expert advisor robots for professionals who don't have time to trade but have skills in manual trading but most robots are scams if we want to buy any robot then we need to check reviews and ratings that we can find even on mt5 forums and many other website.
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I am personally honored for you, I do not recommend automated trading. You must learn to trade at an initial level. If you use automatic trading now you will not be able to learn trading. So for learning you should not use automatic trading. and you say it's risky ... I'm really confused ... why do you say that? If it's profitable then please share some of your results with this EA ... This will really help us set the time first ... and thank you for your efforts ..
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I don't like trading the forex market with a robot system because I don't think it is the best for many traders to get on the forex market. I do not use robots to trade can know when fundamental news is released and tell me how much funds should I use for this EA? everything I know about Martingale EA needs huge funds to save money because it makes it bigger and bigger several times I was defeated by this type of EA because my funds were not enough so you better give how much funds to at least trade with this EA
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EA must be based on price action and not on the indicator huh ...
Honestly I put some hope in the indicator too, but because I don't have time to do it manually I hope EA can replace me with the system.
By the way, can EA detect something like a support or resistance line?
I think they are hard enough to encode?
Like the pin bar in the support area ???
Is that possible ?
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I have never tried Fabturbo there. I trade alone, not trading using forex robots there. Because I have tested several free forex robots, but the results are not so good. If you really want to make money with forex robots, I think you can try millions of pip dollars, which are said to be the best forex robots that can help you profit continuously in forex. and I read somewhere that the Fapturbo account statement on their site is an indirect demo account. So use your own robot specifically designed for you and you can find out what it will do.
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The first EA that I used wasn't free by the provider, so I'm sorry I can't provide it here, but the other EA is a modified Firebird EA and this EA comes from our MT4 terminal in the Standard Library / Metaeditor, these are some Firebirds versions, maybe about dozens of versions but I tried only one that didn't use Trailing stop and changed the TP and SL
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OK sir, thank you very much for sharing this useful EA with us, I think Indian forum members use this EA and get positive results by trading with your EA and I will download and then use the demo first. I want to use it by trying it on my demo account first and if the results are better then I can use in trading my real account so thanks again.
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I have never used a robot in trading. My opinion is that we don't have to rely on robots. Because robots get money but not always. We are the best robots for forex. and use robots that carry me on average 10% per month. I can trade manually because I don't have time for that. I didn't look happy and enriched me overnight.