The ONLY Forex Trading Robots (EAs) That Actually Work
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- Опубликовано: 22 авг 2023
- Do EAs for MetaTrader 4 and 5 actually work? Believe it or not, some do work well. Find out which ones in this video.
I'll also dive into which EAs don't work, why they don't work and how to get an Expert Advisor that works for you.
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MetaTrader EAs and custom indicators: store.tradingheroes.com/
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Free trading tutorials: www.tradingheroes.com/blog/
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Hit the 👍 if you found this useful.
Hello, Good info. Have you ever heard of an EA system that just alerts you when a trade should be taken rather than actually taking the trade?
It's possible. Most of them are indicators though.
thank you, whats your idea about HFT EAs that pass prop challenges? can they be for personal account and why not?
True HFT programs can only be used by people/companies who have a lot of money to invest in the infrastructure to get their computers as physically close to the main exchange servers as possible. They also have to invest in the fastest internet and may even have a hard-wired connect to the exchange. So the use of HFT in the EA world is BS because the average trader at home has none of that. It's just a buzzword that's used to sell EAs, or generate commission for broker affiliates.
You cannot use a third party EA to trade, period. First, you probably don't know how it works, so how do you know when it stops working? Second, what if the person/company who made the EA disappears and the market changes? You're screwed.
The best way to make money trading will ALWAYS be to learn how to do it yourself and build your own EAs that make sense to you.
@@TradingHeroes wow thank you for your thoroughly and caring answer my friend i appreciate that ❤
Happy to help 😀
@@TradingHeroesMany props are allowing HFT for the evaluation phase, I have one that basically passes you in anywhere from 1 hour to 1 day on US30. I find with all EAs, they work until they don't and when they don't that's when they burn your account. Use them, if doing well, but periodically turn off and reset. My manual trading on M5 scalping is now 98.5%. I have passed several props on 100% on both phases, same company, first so-called live trade, they sp[liked the price, straight through my SL! Next time I had 100% wins and in M1, I was .02% over the daily drawdown for a split second...I was watching it like a hawk and potentially my final trade. It shows they are not after winners, but continuous losers. If they analysed traders able to get 100% wins, then just them on their ability and put them on a real live account and make far more from commissions and profit splits than they ever would from retakes.
Tell me the EA I suppose to use for my trade please
Excellent info
Glad it helped!
Very correct. This is yours an hones info. Thannks.
Thanks for watching!
Hello 👋…..this is interesting broh,how do I go about having an EA for myself….and the thing is I have no experience in trading,so is it possible to have one?
You have to learn how to trade, no shortcuts.
Thank you for your advice.
My pleasure!
hi there im new to trading im not sure how to study trading many people tell me differant stuff that i must know hence im looking for a decent EA that works .
Watch the video again, you missed the point.
If you want to learn, find out what's working for others and test it for yourself to verify it.
Do they have a London breakout EA
There are some out there. Be sure to backtest extensively.
Whats the best EA
@@obieo3474 EAs might work for some time but since markets change, they can get useless pretty quick. So do not just blindly trade with them but keep them monitored at all time having them active.
thanks dear🍒🍓🍒🍓
You're welcome!
Hey i would like to hear your opinion on The Waka waka EA
My opinion is in the video.
What about hft eas?
HFT is only for big institutions with a lot of money. It's not possible for independent traders.
@@TradingHeroes why are there hft's that exist that pass prop firm challenges within minutes though? They have 10 percent gain in 30 minutes, that's how I passed my prop firm challenge. What are your thoughts on these?
@@deliverusofficial3587 most brokers doesnt allow HFT for live accounts
Excellent explanation.
Glad it helped.
will you set a bot up for me?
Installation only, setups are on you: store.tradingheroes.com/product-category/services/
I like your video you are Right ! I am extremely lucky to know a friend that is very very good with Programing and bot. we average 100% to 150% of profit every two months for te past 13 month. So Bassicaly 64X our money in 12 month.
any way to contact you ? willing to buy
@@TylerDurden-mv9vdme too
Any way to contact you my brother willing to buy
@@TylerDurden-mv9vd not at the moment it's still among a private group. Maybe in the future.
Can you contact me for more information?
I have built my own EA it is highly profitable but takes really long to fully optimize.
Yup
Me too 🙏
How long?
What is EA??
Expert Advisor
@@vaporwavechills ty
Eating 🍎
Electronic arts
How do I know what EA to get?
Backtesting / Developing according to your strategy.
Covered in the video.
no 4th type of EA is HFT
No such thing as HFT for retail traders. You need specialized computers and a private internet connection.
Can I use BTMM Swing Trader EA?
Covered in the video.
Was looking for a name bro...good day to ya'
Hi, if you want a specific name, you missed the point of the video 😀