EA users opinion and suggestion
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Thread: EA users opinion and suggestion

  1. #1
    Hello To All, I'm new in this market. First of all I shall sincerely appreciate if any one can direct me into the right direction, my question is that EXPERT ADVISER is a instrument to make money in the Forex market or does it mad someone after paying cash for buying and losing cash whilst using it?

    For me personally, your suggestion being specialist will be very valuable.

    If it is incorrect what I'm thinking, then my very first request is when any one can help me also in making money by sharing free EA, that is giving good profits. I will be very grateful.

    Second option is if anybody is using the professionals (commercial and paid) EA can facilitate the name of the EA and its own provider.

    Thanks Beforehand,
    Moti

  2. #2
    Quote Originally Posted by ;
    If you are here, that means you want to be a trader.
    , yes you are 100% correct about it.
    Quote Originally Posted by ;
    Therefore the very first thing is that you forget about EAs and you begin to know trading. A fantastic idea is to start here: http://www.babypips.com
    , I appreciate you, for providing me a right way to begin, I'll begin my very first steps in the suggested egy.
    Thank you again for your type assist.
    Regards,
    Moti

  3. #3

  4. #4

  5. #5
    Here are some EA's,
    some free some others not
    some profitable some others not.
    some good some bad

    donnaforex.com
    stevehopwoodforex.com

  6. #6

  7. #7
    Quote Originally Posted by ;
    In case you're here, that means that you wish to be a trader. So the very first thing would be that you simply forget about EAs and you begin to learn trading. A fantastic idea would be to begin here: http://www.babypips.com
    is absolutely correct but I only wish to add just one thing that when you think that you have learn enough and prepared to exchange then practice on demo. You can now use EA to manage your trades to not make profit.

  8. #8
    Quote Originally Posted by ;
    ... you can use EA to manage your trades not to make profit.

  9. #9
    Quote Originally Posted by ;
    You are welcome.
    Ferru, in your history in coding and searching for ideas, havent you find some comparatively strong win percentage system which plays it good in any type of environment?
    No need to be particular about it but only to determine exactly where we stand atm

  10. #10
    Quote Originally Posted by ;
    quote Ferru, on your history in coding and searching for ideas, havent you discover a relatively strong win percentage system that plays it great in any sort of environment? You don't have to be particular about it but only to see where we stand atm
    Powerful win% does not indie that an EA is profitable. There is another component of the equation which most traders ignore... The Risk:Reward percentage. That is the mixture of the 2 that tell you if an EA is profitable or not.

    An EA could be a loser with a 99.9% win rate.
    An EA can be a winner with a 0.1% win rate.

    To respond to your question, I don't feel a single EA (specific egy) will cover all market conditions.

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