Is it true that we can do forex trading completely on auto pilot?
Is it even legal?, or allowed by forex brokers?
The answer is, yes you can do that and your broker will love you for it. There’s a second sentence though: you can, but you shouldn’t as it’s a sure way to blow up your account.
Those robots and EAs and what not promise you the world but as you know, if it sounds too good to be true…
Learn to trade for real instead using a demo until you know and understand trading.
There are 100’s of EA’s out there but most are very poor! No stop loss, big drawdowns! Multiple trades, even counter trades. I would suggest you stay well clear! 