I Would like to know about Automated Forex Robots

Trading Discussion
1

Hello my name is Skylar I am Curious what Forex Automated Robots that All of u have purchased Would Reccomend?? Fapturbo?? megadroid?? Please get back to me asap Ty:o

2

theyre not worth it. trade manually or give your funds to a fund manager. i personally would never trust an EA completely. I have heard of a few [I]decent[/I] EAs but none worth buying and none that would make you any sort of good wealth over a reasonable period of time. also beware if you decided to buy any because most are scams and the few that arent will probably blow up your account in a month or two (or less). also try googleing the EAs, try to find review written by actual customers and not the designers. one last hint; if your on their webpage and they have pictures of ferarris, yachts, and mansions. move on to the next page.

3

Thanx for the info if anyone else knows anything else please let me know:D

4

If an ea is good enough to make consistent worthwhile profits…they’re not gonna sell it to randoms lol

5

Piece of advice, stay away from these. UNLESS you’re coding one yourself and you backtest it and can make it profitable. Most commercial EAs are advertised with HUGE returns, while after being purchased are less than marginal to their claims.

Some EAs trade for profits of 5 - 10 pips and stops in the 100s of pips. Now even I think I can trade like that a few times a week and be my OWN EA don’t you think?

If you’re new in forex, you’ll find it much more rewarding trading for yourself. Rewarding to yourself, and your pockets.

6

Ive been talking on here for a while now and It looks like Robot world cup Is a Decent EA LMD Multi Currency and Fusion are one of the bests no Hype:D

7

I’ve been using Megadroid without any problems so far (been using it for about 2 weeks).
I’d recommend getting it, but others may disagree. Fapturbo is junk.

Best Regards,
Matt Jones .

8

I trade a few EA’s on live accounts.

Of the 6 that I’ve traded 4 have been profitable.

For example - I’ve traded Forex Growth Bot for around 6 months. So far it’s up 30%.

Check out the stats - MT4i - LiveForexTrading.info Recommend EA’s - FGB

Automated, or semi-automated trading is the way to go in my opinion. It takes the emotion out of trading.