I have been trying a EA that is called Forex Cash Magnet, at first month it made about 20%, then I bought a month for $20 and it went up 20% in a week and then it completely crashed haha.
Its not so simple. It takes many time and money to make robot profitable. It is not posible to buy profitable EA for 100.-$ or 500.-$ or even 1.000.-% .I spend 20.000.-$ and 10 months hard working 8 hours a day to make my robot profitable, to testing it in every situations on live account . You cant only tested it on backtesting, is not the same,thats why it takes time . I tested it on-how many candles to watch , witch pair is the best,witch TF,how many lots per trade,e.t.c.
dont waist, your money EA’s dont work, all you need to do in forex is define, a trend where it will start and get in on it. Once your on it, make sure that you dont get stopped out. as the market tries to stop out the entries so it can move up.
…IF ANYONE HAS A GOOD SYSTEM ITS NOT FOR SALE. ONLY PEOPLE SELLING SYSTEMS FOR TRADING ARE SELLING SYSTEMS AS THEY CANT MAKE MONEY TRADING.
So Its all free, people on this site are amazing and you can learn from them. and lesson one is keep your 5000 for you
hehe i guess cash is not magnetic. ahaha
I have a good system that in a few years I might be willing give away for free.
You say people don’t need to sell it to make money as the system makes them the money, but makes money from what? What about some who makes a great system but doesn’t have any money to start trading with? You have to give it away and go 50/50 or sell it.
I know EA’s that DO work. I make EA’s for recreational purposes and would like to post some free in the EA section soon, for people who know the basics of f x first.
Generally though, 99% EA’s don’t work. works on paper - in theory, but live on the system it crashes at some point due to the fact that it is based on a rigid set of rules that don’t adapt quick enough to a sudden unexpected move.
Keep your money for your trading account and use the resources available for free to learn how to trade and in a few months or so make your own profitable system or sponsor me with a few 100k so I can come up with better EA’s. 
Thanks, but I do a coin flip, much cheaper. works 8/10 times. I also created a random EA that randomly buys and sell random lots. haha, one week backtest I got $9000 out of $1000. I call it the JRPLBS system (Just random pot luck BS system)
I fully agree with you.
I will add that the best trading systems are not even exposed on the web.
you are so full of s…
tbh…ppl here is not dumb
I’m using EA call SYUK and it gave me more 250% in 12 months. Who ever want to see the proof just pm me and I will give the link on forex factory. At this moments I’ve run 3 account using this EA and never got MC. Syukran.
Xno said,
What about some who makes a great system but doesn’t have any money to start trading with? You have to give it away and go 50/50 or sell it.
I agree with you.
Then the person can get at least a million from a big bank.
no bank give you money to trade on forex,
its not possible.
Banks, institutions, pension funds use in house traders as well as external traders.
They carefully select the companies they work with.
here is about trading with robot.
No bank ,no pension funds, give you money to trade with.
Every bank, pension fund and hedge fund will be ready to pay top dollars for a bot (algo) that makes money in the markets. Do a little reading on why and how much quants are being paid in Wall Street.
I think no bank or hedge fund will pay anything for a robot. They have their quants and develop their own trade algorithms.
Know someone who sells a robot at -10 000 dollars only to a few
its work very well
but its not rellvant
But is not commercial
We are all talking about the same thing. See algo in bracket ?
i did not know that…hehe why? surely they are all buying and selling at pritty much the same se-up everyday when day trading , if the big funds traded against each other the market would be grid locked. you can see in the charts the big money, its always in the same places…and if they got to cash in a big some exhange for a customer they will do that during consolidation and get out on the spike or the run