I have heard that some traders after developing their own working and successful trading systems they programmed it for the automatic trading.And the trading robot or software will automatically execute trades once certain requirements have been met like price levels ,indicators etc. But still it can,t replace human intelligence and the ability to decide according to the unforseen market situations etc which are part of our everyday trading life . So how reliable they are if anybody is using such a system please share.And what about those thousands of softwares available online are they all scams?
The road you are heading down is filled with wasted time, wasted money, and wasted emotion.
Learn to trade.
I really agree with you if it would be that simple then everyone can make millions))
ea is great. i will learn on ea too someday, to realize my own ea 
Think about what you are asking for a moment. Let’s assume that each person is a rational agent, or in other words is in trading / selling software because it is in their own self interest to do so.
Someone who develops a consistently profitable system might take years learning to program, and years more learning to trade, then months to years to find a profitable strategy. Finally it might take them months to program their discovery in such a manner that it is fully tested on the available data and automated. If such a system is highly profitable, then what incentives does this trader / developer have?
A) Trade the system. While funds might be scarce, after spending years in development and countless hours devoted to the task, it is likely that such a person would attempt to scratch together such funds as possible and to trade the system. If it is highly profitable then compounding the profits will work to build a very small stake into a large stake in just a few years. All those profits are retained and thus the trader is paid for his efforts. If the system is profitable and consistent but not more than 30% profits per year, then the trader could attempt to build a 2-5 year track record trading small size in an attempt to woo investors and raise capital.
B) Sell the system. If someone is really desperate for cash they might be tempted to sell their highly profitable system, or at least some version of it, or enter a profit sharing deal with someone with more capital. However if they understand the concept of compounding they will realize that by just investing a few hundreds they can amass a large fortune in just 10 years with no outside funds and fully own their own business. If they sell the system, they lose control over its contents and in the wild its advantage might quickly die out, leaving the system seller with the relatively small profits from system sales but not much in the way of continuing income. As a result rational agents would only sell systems that stopped working or systems that never worked very well in the first place, saving their best systems to trade themselves.
C) Give the system away on a forum. No rational agent who has spent years developing a highly profitable trading system would give it away on a forum because if the system exploits an inefficiency it would likely stop working soon after release (when many others also exploit the inefficiency) and there is no economic benefit to the system developer. In this case the system developer would likely never make any money from his years of hard effort. If a system developer had developed a system that was not very reliable or untested it is highly likely that such a system would be shared on a forum in hopes that someone would improve the system, or that by many people trading the system together the profitability would be improved (as in a trend following system, or in a system where the system developer enters first, and all his forum buddies enter after and push the market in his favor).
So to sum up, if you develop a highly profitable system the only logical choice would be A - trade the system themselves or attempt to build a track record and win investors to trade their capital. If you have a mediocre system you might opt to either sell the system or give it away on a forum hoping someone would improve it so it could be profitably traded.
So now you know why there are so many “get rich” software products out on the market.
Trader discretion and ea’s work fine, automated trading monitored by a trader who can make decisions (might seem to defeat the purpose of automated trading) works well. My strategy on certain days can lead me to trade more than 2-3 pairs where the ea helps me signal a possible trade entry (my ea will execute trades automatically on some pairs but I still monitor them). You should watch the old BBC documentary on the midas formula.
I have a set of parameters that i want to follow so I am looking for a system, when I enter the parameters,
don’t buy the automatic system, develop it by yourself, then you know how it work. It is too risky to put your egg in their hand
I’m going to show you guys how I’m going to turn $30k (live funds) into $300k using automated trading.
Check out my YouTube Channel.
Awesome.i am also looking for such kind of software.I hope i find a good one.