answersLogoWhite

0

Which is the best Forex Robot?

User Avatar

Wiki User

โˆ™ 2015-03-21 03:57:01

Best Answer

For me the best robot you could ever have is the one built by yourself, I know it requires a lot of knowledge but it's better to have the strategy that worked for you automated than some robots that only promise windfalls and you end up losing everything.

A good place to start though would be to Use MetaTrader4 as a trading platform. It lets you test the robots you choose against historical data and run paper trades or dummy runs with demo accounts.

Also if you are buying Forex robot don't forget to run backtesting that can show is system worth its money.

User Avatar

Wiki User

โˆ™ 2015-03-21 03:57:01
This answer is:
User Avatar
Study guides

Robotic Process Automation

โžก๏ธ
See all cards
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
No Reviews

Add your answer:

Earn +20 pts
Q: Which is the best Forex Robot?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a Forex robot?

Forex robot is a program that usually developed by professional Forex trades. This program may trade instead of you using programmed logic.


What does EA robot mean in forex market?

EA means Expert Advisor. So it is a forex robot that serves as an expert advisor in currency trades.


Where can one find information about Forex robot?

There is a very interesting article on "Etoro" that alerts the reader to the existence of fake Forex robots in today's market. A Forex robot deals in foreign exchange. The online site "About" has an introduction to Forex robots.


Has anyone used faptubo ea for forex trading pls how real and reliable is it?

Scalping with a robot can only lead to losses - amazon.com/Fapturbo-Forex-Trading-Robot/product-reviews/B00I95XBMC


What is the purpose of using a Forex trading robot?

Many traders can't resist the idea of sending an infallible Forex robot out on to the market in order to do their work for them. Although assured that Forex trading robots guarantee winning trades and no loss of investments this is not always the case. The purpose of using such a robot is simply to take an easy option.


What are Live Forex Chart's used for?

Live Forex Charts are used to monitor stocks, shares and currencies. Forex Charts is a trading robot that watches and informs its readers of the value of their stocks, shares and currencies.


Where to market your forex platform?

The best way market your forex platform contact Forex brokers.


How can you find the best Forex dealers?

One can find the best Forex dealers on the websites like 'Forex Dealers' and 'Investors Guide'. Some of the best Forex dealers are - ATC Brokers, MB Trading and Interactive Brokers.


What is the best forex broker 2011?

The best forex broker is Exness, to know more please visit learnforex550555903. wordpress .com/


What is a forex robots?

Forex Trading Robot A computer program based on a set of forex trading signals that helps determine whether to buy orsell a currency pair at any one time. Forex robots are designed to remove the psychological element of trading, which can be detrimental.


The best forex company in the world?

There is no such company. Every Forex company has pros and cons and can be counted as the best.


Where can the best Forex software be bought?

The best, most up-to-date Forex software can be found online at Forex SB and Software Forex. The software can also be found at FX Street and Leverage FX.

People also asked