Which forex robot is the best?

Which forex robot is best? NONE of them! UNDER NO CIRCUMSTANCES ever,ever,ever put your money at risk using a forex robot.

This is your account.
This is your account on robots.
Any questions?

I'm doing fine with the EA I'm using. 850 pips in first 2 weeks. It's a London breakout EA.
I think the problem with a lot of bots is that people throw them out there without testing them for a while. They want to make quick money selling the dream, rather than taking the time to create something that will work in masse, for the long run.

It wasn't until I started trading with EAs that I became consistently profitable. Sure I can trade manually and I know all the tricks in the book but hell nothing can beat a 0 emotion, 24/5 dedicated slave.

mine is the best !

I don't understand why people keep searching for "holy grail" expert advisor while there is the http://wallstreetforexrobot.site which is profitable more than 5 years with verified Track Record on Myfxbook. I bought this ea from 2014 with just more than a hundred bucks but it made me more than 3 grands since that. Of course, I had to pay 10$ monthly VPS fee. Good luck!

Aha, you are just like me. A friend of mine, who is an institutional trader, recommended me to use this expert advisor - http://wallstreetforexrobot.site
I make a research on how it manages risk. I don't believe in risky Martingale or Grid strategy. A good robot must use a normal and simple Stop Loss level and never delete it in any circumstances.
I bought it in 2013 and let it run until now. Though, sometimes, the robot made some losses but in the long run, it gains back the loss. Since 2013, I made bout five grands with it.
I also invest in the best traders from https://darwinex.com in order to diversify my portfolio.

I don't invest in the best traders there. Otherwise, I'm trying my best to win a share of monthly prize 1,500,000GBP on https://darwinex.com/darwinia
Thumbs up for your comment!

If there ever was a viable robot that could consistently make profit, Forex would be over. Brokers would wind up business or significantly increase spreads/reduce leverage to protect profits. People would try to ban them. These things haven't happened yet.

in generating profits should certainly be doing what we should do in the forex trading business running, I am trying to trade with discipline a free account in order to determine and improve his knowledge

Best answer ever! many people want to take the easy way in forex but there is none.

I downloaded many EA and I did back tested all of them was failed some are showing profit but very less amount that also after 5 year period. But i can see in youtube all of showing EA daily making 2000$ with less margin of 1000$.

Any one share some EA which shows good result in backtesting

I am a big believer that forex robots can be highly profitable in the long term - You should have a basic idea of how the strategy works but DON'T have to fully understand the strategy. I am typing on a computer. It works for me, yet I don't know exactly how a CPU, RAM, electronic circuitry etc.. works together to write this message. If my monitor blew up I wouldn't know how to fix it. I am of the belief that knowing fundamentals is a load of crap in my opinion. The news can be good, bad, indifferent. And the news always changes. The point is, we don't know what the outcome of the news will be in most cases and by the time we find out, the market has already reacted. People's perception of the news is what paints the candlesticks. A good robot will see that and adjust to it.

A forex robot is EXACTLY like an airline pilot's autopilot system. The pilot knows how to fly the plane manually, but has the autopilot at his disposal to automate the procedures of flying. But, the pilot also has to know how to use the autopilot to manage the aircraft for input destinations, instrument landing, takeoff etc... I know this because I'm a pilot myself with years of experience. The forex robot is your autopilot. Yes, you simply could just do some simple tasks and push a few buttons and arrive safely at your destination. However you need to know everything about the conditions before taking off if you want to reach your destination safely. And I'm not just simply talking about the forex strategy or market, but everything else - The VPS server you use, your execution speed, your broker, your server resources, your leverage size, using your trading history to undergo deep analysis to determine best time of day to trade/day of week to trade/best currency pairs, to optimize your robot's performance etc etc...

I have been testing a few robots for around 12 months now, one of which I've developed personally. I have learnt SO MUCH about forex robots and it's all been totally worth it. I am now trading LIVE and have increased my live portfolio by 10% in the past 2 months. Knowing what I know now, I believe I can improve on that performance a lot in the near future. And my trading is 100% automated. I can now see ways in which I should have realised that these robots could be working so much more efficiently and performing even better.

I have made some classic newby mistakes with the robots in the beginning, but these have been more technical setup issues (This is what most people do, then give up early) including:
1. Unknowingly overloading my VPS server and then thinking the robots suck, but no, they weren't able to operate properly. It took me 6 months to figure this out. It is critical you know how much server resources your robot is using and stay comfortably below the limits.
2. Having problems with the MT4 platform VPS which DOES suck, and started working only intermittently, impacting my trading badly
3. Adjusting some settings too often instead of running them on default settings long term. Not having a constant default setting robot for long term and making changes to a clone account cost me valuable long term statistical data and taught me hard lessons.

Plus many more issues. I would highly recommend doing your due diligence and test the robots properly before going live. And test, test, test. I use Strategyquant the EA quant analyzer to get insights into the trading which cuts my losing trades and improves winning rate.

Personally, I prefer automated trading. A key to being a successful trader is discipline. A bot can be more disciplined than I can. However, a bot doesn't know the fundamental news. As such, it is important to have contingency plans when news occurs. As such, I believe semi-automated systems are the best.


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Forex Signal Provider & Trading Coach

Dear, my name is Miguel Martinez (Argentina) I am an Industrial Engineer.
Regarding the thread of the conversation about what robot is the most profitable? I just found a really amazing rooster believe me, it's the 2.0 cm PRO fishing.
Achieve a configuration that leaves very good gains with the MT4 simulator.
The problem with this Robor is that it can only be used in a Demo account, but not in a real account, since it has a password that prevents it.
If someone can Crack the password and enable it for real account will surely be very profitable in the long or medium term.

Attach the file.

what is the name of the EA?2.0 cm PRO fishing?this is not a name

maybe i can help you,tell me the name of the ea.