“Professional” Expert Advisors? Thoughts. Reviews. Ideas?

Hello all, I’m a new to the forum and wanted to know if anyone here uses or have used any professional EA’s that traded on a live account – successfully.

Reviews, suggestions, thoughts… anything would be appreciated.

Daniel

check out fx-auto.com, collective2.com, and http://www.ckowyong.com/blog/

for fun you can check out the mql trading championships w/ google.

know what you are getting into. never trade live money based on a backtested graph. understand all risk, especially how quickly the account can be blown.

Welcome, Daniel.

I've been around here for awhile now. In all that time I've seen posts by two people that say they make money with an EA, both said they keep an eye on it -- so they still add their discretion to the mix.

I've programmed many, none have been profitable for long. It seems any EA will blow the account under certain market conditions.

But I'm still working on it and have several on forward test right now.

Hi Daniel,

It seems that not too many folk here experience success running EAs. However, I believe that, if it's possible for a discretionary trader to be profitable, then there's no reason why an EA can't likewise be profitable.

See the following posts for my reasons:
http://www.forexfactory.com/showthread.php?p=2005324
http://www.forexfactory.com/showthread.php?p=2006142

Best wishes - hope to read more of your posts in the future.

David