Automatic Trading Roborts(softwares)?

Ichigo · December 24, 2008, 10:59am

Most EA’s work great on demo account but suck in real account especially during news. you can’t really “set and forget”. you still need to monitor it.

kewlclan · December 24, 2008, 11:51am

starzagazin:

This is a great program and will make profitable trades. On Demo Mode I made $1600 overnight. On Live Mode, I have done okay but you have to manage your margin or you will get losses. I have been able to manage my account and earned $1000 in one month but I monitor all of my trades daily. I think a better solution is FAP Turbo. I bought this program yesterday and will post soon to let all know what performance it offers. I think it will be better because it has a scalping strategy option on it that you can run simultaneously with long term trades. Also, I would recommend that you visit a website run by Mark Larsen. He evaluates most of the new robots and FOREX systems being marketed and has information on their performance capabilities as well as customer (buyers and owners of the software) recommendations. I visit his website often to read what the latest offerings are as far as robots and what he thinks of them.

Merry Christmas and Happy Holidays, Starzagazin

Merry christmas…

currently i’m using FAP TURBO…this the upgraded version of
forex autopilot (FAP)…it’s even better.
FAP Turbo NOT Only Backtests To The Tune Of 5,000% Profit In 9 Years (Or 48% Per Month)…It Actually Delivers DOUBLE The Profits In Live Trading - 100% Per Month!

Gpjoe · December 29, 2008, 11:01pm

I’ve been developing a strategy and now I’m in the process of programming it with Tradeview’s guys. I find it more useful than taking somebody else’s robot. There are now many sites where you can automate your strategy with some help.

Thunder · January 7, 2009, 7:36am

I think a better solution is FAP Turbo. I bought this program yesterday and will post soon to let all know what performance it offers.

And what was your expirience?

LyallNZ · January 8, 2009, 12:39am

I am running FAP Turbo, scalper setting only on EUR/CHF and EUR/GBP and it is going great. Makes good trades every day, doesn’t trade on Friday. Sometimes closes a trade with just a few pips profit when it could have got more but any profit is good. Had only one loss which was large. Most robot’s do that. Big stop-losses. Still in profit though.

duberz · January 9, 2009, 12:00am

like fapturbo? that’s the one selling like crazy and you can’t breath without hearing about it…

buttmunch · January 10, 2009, 12:16pm

fapturbo is a scam,

a old code that has made its rounds before, I seen it a few years ago

just a note for all you people with less then 5 years of trading

any EA that is mass sold will fail in the long run, when you get 30000 people trading the same pair, then same trades on the same hours of the same days, the system will fail

it happened once it’ll happen again

the best EA is one you make yourself and trade yourself.

spud_1 · January 14, 2009, 9:35am

Yes ive heard brokers are banning people who use it?

couscous · January 14, 2009, 5:42pm

Totally agreed, there’s no robot that doesn’t fail at any point. Imagine everybody buying robots that will make them win; there would be a cataclysm on the market. For me there are no things such as EA that make people rich.

T-rex · January 15, 2009, 9:24pm

I’ve got a question for those who had mentioned Tradeview’s MT4 as their current platforms. I have different accounts on several brokers, some of them are just demos. I’ve notices that spreads vary between brokers, I mean the pip spread is given on 5 digits or 4 digits. Does it make the difference?

couscous · January 16, 2009, 4:49pm

I’m aware about that feature being offered by TVF, and I find it really helpful at least for me since I’m a scalper trying to grab any potential pip, so whatever makes us make more pips I guess is welcomed.

LyallNZ · February 5, 2009, 5:25pm

Another month and FAPTurbo is still making money.
Even if it is a scam it’s a good one.
Even if it’s the same old code it’s a good one.

lcontempi · March 22, 2011, 7:45am

Is this true that brokers are banning people? My system didn’t fail so far and works like on fire it does so many trades every second, some times it goes down and then up again. Was kinda nervous the first couple of days. But at the end it gives me a nice return and I don’t care how it works. Although it’s based on good old technical analysis, it seems that there’s more in the algorithm, couldn’t decode it

As long as not absolutely everyone is using the same tool there wont be a crash. Who else uses Buru?

In charts we trust! Happy pips!

lcontempi · April 13, 2011, 7:11am

Hi, I read more about banning traders or commands.
It’s called virtual dealer, this robot manages the execution time and can delay it even for 2 sec!! Damn, 2 seconds are a long time

qwertymyfx · April 22, 2011, 6:01am

I know, this is very bad. Be very careful of this.

rashygomez · April 28, 2011, 7:12am

surely not every broker uses this though?

bobai · May 6, 2011, 6:31am

Most EA-s are only a big scam. However, if you are looking for a semi-automatic money manager EA that manages your trade after you’ve opened it manually, I would suggest you to check the Money Manager EA by the ProForexServices guys. It is great for scalping too.

soft · December 19, 2011, 8:02am

How you tested this automatic trading system ?

JDeel · December 20, 2011, 9:44am

And Forex itself is a big… no… HUGE scam, but people love to do it :51:

[B]soft[/B], there is a tester builted in the Meta Trader platforms. Search Google for more info.

soft · December 21, 2011, 10:16am

I thought so, I believe that testing on MT Tester is inconvenient, because you need to wait and it takes a very long time (years) … why you not use the backtesting programs for testing strategies?