Do you use EA in forex trading?

India
March 4, 2013 12:20am CST
Few of my friends uses EA in forex trading and they get good profits but at the same time they get losses too. anyhow a good EA must get Consistence profit. I have used several EA and back tested it. None of them worked, they gave more losses than profit. Many people are selling EA for big amount and i am not sure how it is going to be worked. do you have good EA that gives you consistence profit? so kindly share your experience with your EA
4 responses
@JARRMAN (103)
• Germany
4 Mar 13
I am not sure about those. I have looked into it a few months back and I wasn't really a fan of it. I do believe that some people have working EA's but I do not know which one xD I think you should trade yourself. There are other ways to get it almost automated or you can follow/copy others, but generally I would trade myself!! With MetaTrader you can even follow yourself ;)
• India
4 Mar 13
Thank you for your valuable comment So I must follow myself? :) That good, I hope. I must do lot of trades and learn from myself. Experience is the best teacher. :)
• India
4 Mar 13
Still now I am not aware of personal trade copier, I than you very very very much for sharing me about a new info today :)
12 Mar 13
Hello, I do not use EA for analysis and forex trading, i'm using the trading strategy based on price action, it's simple and easy to apply, even for beginners in forex. If you are interested in strategy, please visit my website at http://www.4rex4you.com/liteforex-2013
• India
12 Mar 13
Thank you for your comment. I will take a look at your website.
• India
16 Mar 13
Error 404: Page not found. Can you check your link please?
@Yasya08 (213)
• Israel
9 Mar 13
Check our FxReplitrader accounts, similar to those offered by Zulutrade. Basically it's the same as EAs: this is a trading system that allows traders to receive daily trading signals for free and its like someone successful is trading for you. check their website http://fxreplitrader.com
• India
10 Mar 13
Thank you for providing this website to me. I will take a look at this.
@gengeni (3308)
• Indonesia
16 Mar 13
By using EA trader can get a consistent profit, as opposed to if we are trading manually. EA really gives a chance to generate a consistent profit, but with a market that is often fickle if EA can still make consistent profits? With manual we can hone our skills and the result would have been different by using EA as manual analysis that can be flexible to adjust the conditions.