To use chat, please login.
Back to contacts

Useful software for market analysis?

Evelpist (Evelpist)
Sep 28 2020 at 12:13
26 posts
For a while I tried to find analitical software but, after some reserch, I started wondering if it even exists. Pieces that I found at first glance were good, but after some research I discover a lot of claims that it is a scam and software does not work as it is advertized to.
Thus I have a question if anyone has experience using such software? Are there any good ones out there?
A walking person is always faster than a standing person
Mingzhu (Mingzhu)
Oct 01 2020 at 11:28
3 posts
This is a pressing issue. Many are looking for the grail, but it is not possible to create a robot that will always trade profitably. The market changes and so does the indicators.
Izan (Izan45_)
Oct 01 2020 at 12:06
8 posts
There is definitely analytical software that can be used to forgive market movements with a high probability. Munus is that there are indeed gradual changes in trading and there is a need to periodically adjust the system.
Guilber Girard (Guilber)
Oct 01 2020 at 12:10
15 posts
Mario (Mario_ii)
Oct 01 2020 at 12:32
11 posts
I use my Expert Advisors and they help me a lot in trading.
Roland (Roland5463)
Oct 01 2020 at 13:24
17 posts
I support. I used 2 Expert Advisors, bought for a lot of money. And as a result, I lost my money. Although the first time there was a profit.
AliaDare
Oct 01 2020 at 22:55
788 posts

There is much useful software for analysis in trading. Software that helps you to profit consistently. I use Moving Average and macdi divergence trading platforms. This expert advisor helps me a lot in trading.
marco_mmbiz
Oct 02 2020 at 08:01
372 posts
Guilber posted:
BRAIN!
Best answer here!
Always try to trade on your own. No EA/software/robot is perfect on long terms. There's no 'make money fast' scheme out there and also not a single EA who's giving you steady profits for more than 5 years, only if you're willing to take way too high risks on short terms. If you'd like to have a consistent 'passive income' or something for your pension: go to your local investment bank or insurance agency. They can do much better on long terms. You can't trust any EA, only if you are programming it for yourself and willing to update it every single month. So, you need a lot of experience before you start with that in a professional and consistent way.
Good luck!
patience is the key
Agazon
Oct 06 2020 at 09:26
8 posts
I often use programs that help in trading. Since I cannot devote a lot of time to spend near the computer and monitor the market. In my experience, most of the programs they want to sell you are all useless junk. Of course there are interesting options that cost a lot of money. But in the long term, they also cannot work, due to constant changes in the market. Therefore, it is very important that the advisor developer provides the necessary technical support. support and correction of settings.
Olga (netcorp)
Oct 06 2020 at 10:27
4 posts
Trade by using Expert Advisors is more calm for me, because pshihological factor is excepted. I think 5% per month is real to get for a long-term. 2.5 years of trading experience.
ElliotCooke
Oct 06 2020 at 17:27
341 posts
I think depending on the signal will be risky as a trader. you should make a strong plan to survive in this risky market.
Olga (netcorp)
Oct 06 2020 at 22:57
4 posts
The market is really risky right now. I implemented my own ideas, which proved themselves well. Waiting for big volatility for the stress test. A trader should always have a backup path if something doesn't go according to his plan.
Evelpist (Evelpist)
Oct 09 2020 at 07:20
26 posts
netcorp posted:
The market is really risky right now. I implemented my own ideas, which proved themselves well. Waiting for big volatility for the stress test. A trader should always have a backup path if something doesn't go according to his plan.

Hello
Olga

Can you share how you choose your EA ? What did you turn your attention to?
I've seen systems that promise 100% per month, is it real?
A walking person is always faster than a standing person
marco_mmbiz
Oct 09 2020 at 08:16
372 posts
Evelpist posted:
I've seen systems that promise 100% per month, is it real?

No, not if you're looking for a system that builds up your initial investment. There are 2 problems with such high profits per month: 1. your EA could also lose 100% in 1 month; 2. your EA or your profit will be blocked by the broker.
patience is the key
David (David03948556)
Oct 09 2020 at 12:15
4 posts
I agree that quick profits often lead to quick ruin. These dishonest people want to lure you to them.
Olga (netcorp)
Oct 12 2020 at 11:45
4 posts
Evelpist posted:
Can you share how you choose your EA ? What did you turn your attention to?
I've seen systems that promise 100% per month, is it real?

It is necessary to pay attention to: a yield of no more than 100% per annum (ideally 30-70%), a drawdown of 20% (maximum 30%), a signal test for 1 year. You can choose a leader account with these parameters or make your own signal and feel yourself more or less confident. This data is based on my own experience for 2 years.
Xiaoming (XiaomingCN)
Oct 13 2020 at 13:55
13 posts
A truly working system is very difficult to find. Anyone who has developed successful advisors is very reluctant to share them.
Alexander (Alexander74645)
Oct 20 2020 at 12:24
14 posts
Of course, there are good systems to assist in trading, but I prefer to combine manual and automated trading.
Johannes (Johannes92563)
Oct 20 2020 at 14:35
12 posts
I don't trust any software with my money. And I always trade myself. I rely only on my experience and feeling.
Taeusz_1 (Taeusz1342354)
Oct 21 2020 at 07:36
21 posts
Perhaps someone does not need EA, but today's reality shows the need for each trader to have his own EA.
Please login to comment .