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?
PRICE IS EVERYTHING